Federal Reserve Judgemnets

The federal reserve announced that the near-zero interest rate will remain unchanged.  Boring, huh?  But y'know, that is their judgement that the economy is doing so badly that practically free money is required to save us from a big crash.  They been saying it's bad for about 7 years now and no end in sight.  Which raises the question of who has been in charge of the economy for the last 7 years?

Old people who need to live off interest payments are scrambling to find anyplace to generate income so they don't die of starvation.  CD's pay 0.01% and savings accounts even less.  So old people buy stocks that pay dividends.  But if the Rodham-Clinton plan is enacted, those same old people will be have half their savings taken if they try to move their money into stocks of the best dividend paying companies, because of course the old people are selfish quarterly chasers.  Actually those old people are chasing monthly returns because otherwise they might die.

It almost makes me think that Democrats hate old people, and want them dead.  That's called being Progressive.

Nobel Peace Prize Winner Goes to War

The front page of the Wall Street Journal today tells us that the Nobel Peace Prize winner is selling arms, supplying money and helping middle east countries to gear up for war with their neighbor after the Nobel Peace Prize winner gave the neighbor the go-ahead to build a nuclear bomb and destroy Israel.  One might get the distinct impression that the Nobel Peace Prize winner is a war monger:

The Obama administration has launched an aggressive campaign to try to allay the fears of allies in the Middle East over the Iran nuclear deal. 

Senior administration officials are making the strongest overtures to Israel and Saudi Arabia. There have been repeated offers recently to increase the $3 billion U.S. military aid package to Israel. 

The U.S. is specifically looking at ways to expedite arms transfers to Arab states in the Persian Gulf and is accelerating plans for them to develop an integrated regional ballistic missile defense capability, a senior administration official said.

Burning it down

Another city is in flames today.  These are known as the Obama years.

Voter Hypocrite

There are 2 news items today that shows just what a hypocrite the president really is.

• Obama: Maybe it's time for mandatory voting

Dictatorial regimes require mandatory voting... this from the president that uses the IRS to suppress the opposition.

• White House scolds Netanahu for divisive election tactics

The president knows all about divisive politics., he who peddles hate to keep up his support base.

What an asshole of a "man"

U.S. Snub at Paris March against Terrorism

Nobody from the United States took part in the huge march in Paris that had so many world leaders. Maybe that was the key, you had to be a leader, and there are none in the White House. Kerry tried it make it sound like no big deal, and then err'd in saying an assistant deputy junior was there.. AG Holder was even in Paris at the time, but guess he couldn't bring himself to be near that many white people. It is possible, however, that world leaders purposely did not invite Obama, they don't like him much either.