RINO's and Keynesians

I received this from my good friend and attorney, "Rabbi" Stan Gewanter (he's not a real Rabbi... that was just his inter-office nickname at my brokerage business), perhaps in response to my post and link regarding the "old, old" on January 1.

ON NEARING SEVENTY-FIVE

Winter is again upon me, but why can I not
shake off, as my dog water, this slowly creeping fog
clouding consciousness, knowledge, reasoning, anticipation,
dreams, the sweetness of life?

I am again afflicted with a malaise the Bard called:
“That time of year...When yellow leaves, or none, or few,
do hang upon those boughs which shake against the cold.
Bare ruined choirs, where late the sweet birds sang....”

Inshallah, may Spring come to once again infuse
my trunk with sap, bring movement to root,
renewed vigor, warmth and suppleness to branch
and twig, and un-dam my love of life!

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I know I spend a great deal of time lambasting the economic and cultural policies of the Left... I don't give enough time to the RINO's asinine policies, mostly because their cluster f*&#!s are just so glaring they don't need my attention.


Here is an excellent article, which I give a B- to in accuracy (my highest ranking... there are no A+ ratings for accuracy anywhere in the media), enumerating many of the dumbest economic policies of the RINO's over the past 40 years.  If you are a Republican... you are either a Libertarian, or you are a RINO... you can't get a little bit pregnant.  The Left tends to mush Republicans all together (and the Repubs do the same in return), but Republicans are hardly united in their vision and I think the last election brought that out into the light.


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Jeffers Media Theory says these articles mean somebody is in big trouble.  These stories are planted every day. It should be interesting to see what the policy enforcement of this looks like.  Just pay attention on any of the major news sites - a new story of this theme appears every day.  That ain't no coincidence.


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No obvious culprits in the sell off in Precious Metals?  What, you guys never heard of tax-loss-selling, and its uglier step-sister, "Print Day Buying"? ("Print day" is an original of yours truly... but tell me, after the last 2 days action that you aren't a believer...)


"Print Day", 12/31 is past, and the specialty hedge funds that drove certain commodities to the brink for the big pay day are no longer interested in sopping up sellers... in fact, some of these trades are dangerously overcrowded.  DANGEROUSLY.


Forewarned is forearmed.


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"Arnold exits, Legacy Vague"???


They should have asked me... I would have cleared the matter up before the commercial break.


The MTVization of politics is only the latest manifestation of how dysfunctional our society is.  Arnold and BHO were hero's of the camera, not hero's of political accomplishment prior to assuming executive office... and frankly, it showed - in both cases.  I am a big Arnold fan.  I am absolutely sure that I would enjoy a pick up game of hoops with BHO.  What, exactly, enabled (and I mean that in the 12 step sense) these men to seize the executive reins for the Cal and the U.S.?  Our media culture.


But never mind that...


The fact is that California is going to do have to do something DRASTIC before the end of Q2... I just don't see a federal bailout in their future, given the new makeup in Congress.


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In today's Financial Times:


High oil prices threaten to derail the fragile economic recovery among developed nations this year, the leading energy watchdog has warned, putting pressure on the Opec oil cartel to increase production. 
Over the past year the oil import costs for the 34 mostly rich countries that make up the Organisation for Economic Co-operation and Development have soared by $200bn to $790bn at the end of 2010, according to an analysis by the International Energy Agency. 
The increase, due to high crude prices, is equal to a loss of income of about 0.5 per cent of OECD gross domestic product, according to the IEA. 
“Oil prices are entering a dangerous zone for the global economy,” said Fatih Birol, the IEA’s chief economist. “The oil import bills are becoming a threat to the economic recovery. This is a wake-up call to the oil consuming countries and to the oil producers.”


No, this is not a "wake up call". This is a challenge: Either OPEC has the excess capacity they claim or they do not.  The price over the next 12 to 24 months will tell all. ALL.