The recent report on the employment situation concluded that the unemployment rate in the United States has increased to 9.1%. The S&P Case-Shiller house...
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In many ways our country has never really recovered from the 2008/2009 economic debacle. The modest recovery that has emerged has come as the result of a historical running of the money printing presses by the Fed. It’s a scheme of monetary bribery. The administration in Washington is at sea and is a co-conspirator with the Fed and Congress in setting the stage for the current asset bubble and collapse in purchasing power of the dollar. What a disaster, and yet we are in but the early act of a multi-act, bad-ending financial play.
With interest rates now at about zero, the Fed is in a box, and, despite erudite public commentary to the contrary, really has little running room left. America is functionally leaderless. There is no chance the anti-business administration will do one darn thing to produce a turnaround. The broom needs to come out in 2012, with tea party candidates racking up big gains in the House and Senate. A powerfully backed tea party presidential candidate will easily unseat the current occupant of the White House. The little rub comes when you look at the lame roster of current White House pretenders.
I want to be clear here, President Obama was elected because of a perfect storm. Mr. Obama had that festering, watermelon-size target that was President George Bush to kick. Bless his soul, President Bush was a disaster, deserving of the unpleasantness heaped upon him by the Obama collectivist crowd. Moderate John McCain offered a grizzly option, leaving hard-hitting conservative radio talk show hosts to sit on their hands. No energy, no jazz was created.
This time around the collectivists have no Bush can to kick down the road. John McCain is, well, gone. America faces an official unemployment rate of 9.1%. Debbie and I and friends from Virginia are on a seven-state motorcycle tour. As I poll business owners along the way, it is becoming increasingly clear that Washington is cooking the books. True unemployment is far above the 9.1% admitted to by officialdom.
OK, America’s next president needs to be a card-carrying jobs-creator with a proven and visible record. After studious review, a shockingly good candidate emerges. And I doubt that either President Obama or former President Bush will be too captivated by my selection. I, of course, am leading up to-----