Only the Obama-Morons Believe Him Now

When will the Obama Morons figure out that a man who identifies so strongly with Muslims is no friend to America?

One thing I know for sure on the anniversary of 9/11 is that, a year ago, when our ambassador in Libya and three security personnel were attacked and killed, Barack Obama went to bed that night so he could get good night’s sleep before going off on a fund-raising trip to Las Vegas.

The other thing I know for sure is that he and then-Secretary of State, Hillary Clinton, lied to every American saying that the attack was due to a video no one had seen.

I cannot remember a President who, in my lifetime, lost virtually all credibility with Congress, the American public, our military, and the international community. I say “virtually” because, in America, a reliable 30% or so of brain-dead liberals will continue to believe that Obama has stilled the rise of the sea level and tells the truth.

Obama’s demonstrated capacity to ignore what he has said in the past—the promises he made to get elected twice—puts him in a league with others who, having misled his followers and voters, believes he can continue to do so with just one more speech.

Via: Canada Free Press

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Dollar Falls Most Since 2011

The Dollar Index fell by the most since the first quarter of 2011 after the European Central Bankpledged to protect the euro from unraveling and the Federal Reserve committed to reduce unemployment via open-ended debt buying, which may debase the U.S. currency.

Since July 26, when ECB President Mario Draghi said he would do “whatever it takes” to save the euro, the 17-nation currency rose versus 15 of its 16 most-traded counterparts tracked by Bloomberg. Amid the Fed’s expansion of monetary stimulus, the Dollar Index lost 2.1 percent in the third quarter. The Bank of Japan, which followed the Fed and the ECB in expanding its balance sheet by 10 trillion yen ($130 billion), is scheduled to announce its next policy decision on Oct. 5.

“The ECB announcement to buy one- to three-year bonds in the periphery” shaped currency markets last quarter, George Davis, chief technical analyst for fixed income and currency strategy in Toronto at Royal Bank of Canada, said in an interview. “It was the opening of a new chapter.”

The dollar fell 1.5 percent during the past three months to $1.2866 in New York and touched $1.3172 on Sept. 17, the least since May. The common currency weakened 0.8 percent to 100.21 yen. The dollar lost 2.3 percent to 77.96 yen.

Big Winner

Sweden’s krona appreciated more than all of its major peers versus the dollar this quarter, gaining 5.4 percent. The South African rand had the biggest quarterly decline, slipping 1.8 percent versus the greenback

Brazil’s real has lost 7.9 percent versus the dollar in 2012, almost three times the decline of the rand, the second- biggest loser. The Mexican peso leads all 16 of the dollar’s biggest peers with a gain of 8.4 percent this year.

The New Zealand dollar led all major currencies this month against the greenback, appreciating 3.3 percent. The real increased the least out of 16 counterparts versus the dollar, gaining 0.2 percent.

The euro has fallen 0.7 percent during the past three months against a basket of nine other developed-market currencies, including the yen, pound and Australian dollar, according to Bloomberg Correlation-Weighted Indexes. Japan’s currency has declined 2.2 percent and the greenback has lost 4.3 percent, the most.

Via: Bloomberg

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OBAMA LEGACY: CANADA HAS FREEST ECONOMY IN NORTH AMERICA

The foundational stone of American Exceptionalism has always been our economic freedom. The ability of individuals, regardless of background or circumstances, to freely engage in the marketplace to lift their own fortunes has been our nation's greatest strength. With economic freedom, none of the "isms" that keep the left up at night matter. We are all truly, regardless of race, gender, class or anything else, "captains of our fate and masters of our souls." A decade ago, we were the second most economically free country in the world. Today, under Obama, we are 18th. 

Every year, The Fraser Institute, a free-market think tank in Canada, compiles a highly respected index of economic freedom in countries around the world. Broadly speaking, it looks at five critical components to freedom: size of government, rule of law, sound money, free trade and regulation. Historically, the US has been near the top of the table in economic freedom, surpassed only by the city-states of Hong Kong and Singapore. This year, we are 18th in the world, while our northern neighbor, Canada, has become the 5th most economically free nation in the world. 

Let us pause here and list the countries that are more economically free than ours. 

Hong Kong, Singapore, New Zealand, Australia, Canada, Bahrain, Mauritius, Finland, Chile, United Arab Emirates, Ireland, United Kingdom, United Arab Emirates, Estonia, Taiwan, Denmark and Qatar. 

We are just barely ahead of Kuwait and Cyprus. 

Via: Breitbart

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US drops to 18th most economically free country

At its pinnacle in 2000, the United States ranked second in the world for economic freedom. In the latest report on world economic freedom from the Fraser Institute, the U.S. has now dropped all the way down to 18th, falling behind countries like Bahrain, the United Arab Emirates, Estonia, Taiwan and Qatar.

The decline did not happen overnight. “This entire decade we’ve been sliding towards this 18th ranking,” report author Joshua Hall explained to The Daily Caller News Foundation.

By 2005, the United States had already dropped to eighth in economic freedom. In 2009, the U.S. fell behind welfare state countries like Denmark, Finland and Canada.

“When people think of Canada, they think of socialized medicine, but in many facets of life, Canada is a lot more economically free than the United States,” said Hall.

The annual report uses 42 different variables that can be categorized into five distinct categories: size of government, legal system and property rights, sound money, freedom of trade internationally and regulation.

The growth of government and less secure property rights have the most to do with the United States’ drop.

“I think we think of the underlying causes of our decline in legal system and property rights, the Supreme Court’s Kelo decision [over eminent domain], the war on terror, and things related to the rule of law, things like TARP and the bail outs, have all contributed to the decline of scores in areas one and two,” Hall explained.

The Daily Caller

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It's Later Than Any Dare Think

By BEN STEIN 

When republics fall, it's not always slow.

SaturdayIt is smoky up here in North Idaho today. Apparently there are major fires in Washington State and they are belching smoke. The smoke is blowing our way into the Idaho Panhandle. I can feel it in my pitiful weak lungs even with the windows closed and the air conditioning on.

I slept most of the day and then Alex and I roused ourselves and made our way west and north to Hill's Resort. The ride is beautiful along the Pendoreille River, with its vast width and sunny smoky meadows.

We stopped at the little store in Laclede and a kindly man from Canada gave me a lovely Exacto knife to allow me to open CD cases. Just out of the blue. I love that.

Then, gasoline in Priest River at Mama Mac's and up to the Falls Café, a tiny little bar/restaurant with a pool table about halfway between Priest River and Luby Bay. The Falls Café just might be the most perfect-looking small restaurant in the world. It has a glass floor in a place where you can look at the falls of a swift creek running under the building. It also has a pool table.

Today, there was a three generational family having dinner. Grandparents, parents, aunt, and children. As far as I could tell, it was a birthday party for a 12-year-old, incredibly pretty daughter. She smiled at me and I told her she would be a movie star. Her brother, possibly a twin, said, "Wait! I want to be a movie star, too."

On that note, I left. I did find out that the family was from Priest River. For some reason, Priest River has an amazing number of good-looking men and women. That whole family were great looking, male and female. I think their name was "Clark."

At Hill's, there was a big wedding so we ate in the bar very quickly, but alas, I got a HORRIBLE case of heartburn from a potato chip I had on the way up from the Falls Café. Nothing would help except my mother's home remedy -- peppermint Lifesavers -- and my sister's home remedy, Tazo Refresh tea.

I got the hot water for the tea back at the Falls Café. The manager/bartender told me about his 15 years as a cowboy in Montana. He said he worked fifteen-hour days, often starting at two in the morning, for room and board and $1500 a month. But, he loved the outdoor life. Now, he's planning to grow and sell organic vegetables and stay in Idaho. His name was Chance and he was as pleasant as can be.

About ten minutes later, as we were entering Priest River, the speed limit rapidly dropped from 60 to 35. Many are the tickets I have gotten there. Sure enough, a police car pulled me over just as I approached Mama Mac's gas station and café and general store. When the policeman saw it was me, he laughed, agreed I was not driving too fast, and said he just wanted to see if I had been drinking too much.

"I haven't had a drink since 1988," I said.

"Probably a good idea," he said.

He laughed more and walked away.

We stopped for more hot water at Mama Mac's just as it was closing. A very kind man with a shaved head who was sweeping up and closing the place shouted, "Drive safe, Ben." That touched me very much. I love being known in these small towns in North Idaho.

The main thing to be grateful for is how patiently my saint wife waits for me while I buy Tums and Pepto and tea and so forth. I am married to a goddess.

Via: The American Spectator

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Head Propaganda Czar Jay Carney: We “Haven’t Rejected” The Keystone Pipeline…

(CNSNews.com) – White House Spokesman Jay Carney said that the Obama administration had not “rejected” the Keystone pipeline, despite the fact that the president did, in fact, cancel the project after congressional Republicans forced him to make a decision.

“First of all, the Keystone Pipeline is a process. We haven’t rejected anything,” Carney told reporters Thursday.

Carney had been asked by ABC News’ Jake Tapper why the White House used the term ‘all-of-the-above’ to describe its energy policy when it had rejected Republican ideas like Keystone.

“It’s a process that is underway at the State Department that was delayed because – for two reasons – one because of concern by folks in Nebraska including the Republican governor about the original proposed route and then because of Congress’ [and] House Republicans’ insistence on including it as part of the payroll tax cut extension,” Carney continued.

However, the White House did reject the Keystone Pipeline in January, formally denying the application of TransCanada – the company hoping to build the pipeline – to begin work on the project. Federal permission was needed because the pipeline crossed national boundaries – running from Canada to the Gulf of Mexico.

Via: CNSNews

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Mitt Romney: “I have a vision for an America that is an energy superpower”

Team Romney has released their official and detailed energy platform in a new position paper, and Mitt is talking it up on the campaign trail today in New Mexico. It’s all great stuff, in my humble opinion: fewer federal regulations; more state self-determination; more drilling, both offshore and terrestrial; less government “investment” in politically preferred pet green energy projects; a quicker green-lighting procedure for major energy projects and North American cooperation; and etcetera.

A crucial component of Mitt Romney’s Plan for a Stronger Middle Class is to dramatically increase domestic energy production and partner closely with Canada and Mexico to achieve North American energy independence by 2020. While President Obama has described his own energy policy as a “hodgepodge,” sent billions of taxpayer dollars to green energy projects run by political cronies, rejected the Keystone XL Pipeline as not in “the national interest,” and sought repeatedly to stall development of America’s domestic resources, Romney’s path forward would establish America as an energy superpower in the 21st century.

“An affordable, reliable supply of energy is crucial to America’s economic future. I have a vision for an America that is an energy superpower, rapidly increasing our own production and partnering with our allies Canada and Mexico to achieve energy independence on this continent. If I am elected president, that vision will become a reality by the end of my second term.” -Mitt Romney

THE ROMNEY AGENDA:

• Empower states to control onshore energy development;
• Open offshore areas for energy development;
• Pursue a North American Energy Partnership;
• Ensure accurate assessment of energy resources;
• Restore transparency and fairness to permitting and regulation; and
• Facilitate private-sector-led development of new energy technologies.

Amen to that! It’s often said that, under Obama anyways, America is a energy-rich nation acting like an energy-poor nation. There is a huge and booming global market for energy resources, which we have in spades, yet we continually and quixotically take ourselves out of the game and refuse to get in on a market share that would bring in major economic growth and revenue. A national agenda like this would help put Americans back to work and invigorate our limping economy without adding more costly, sluggish bureaucracy to the mix.

Via: Hot Air

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