Not a good sign in the economy, but thankfully it is a metric that trails economic activity.
Read article here.
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Scary stuff from a College History Professor
Original Email
>
> "My friends, we live in the greatest nation in the history of the world. I
> hope you'll join with me as we try to change it."
> - Barack Obama
>
> History Unfolding
>
> I am a student of history. Professionally, I have written 15 books on
> history that have been published in six languages, and I have studied
> history all my life. I have come to think there is something monumentally
> large afoot, and I do not believe it is simply a banking crisis, or a
> mortgage crisis, or a credit crisis. Yes these exist, but they are merely
> single facets on a very large gemstone that is only now coming into a
> sharper focus.
>
> Something of historic proportions is happening. I can sense it because I
> know how it feels, smells, what it looks like, and how people react to it..
> Yes, a perfect storm may be brewing, but there is something happening within
> our country that has been evolving for about ten to fifteen years. The pace
> has dramatically quickened in the past two.
>
> We demand and then codify into law the requirement that our banks make
> massive loans to people we know they can never pay back? Why?
>
>
>
> (JCS: Re above and below, I say in order to severlywound our country and
> our economy, and reduce our will to resist.)
>
>
> We learned just days ago that the Federal Reserve, which has little or no
> real oversight by anyone, has "loaned" two trillion dollars (that is
> $2,000,000,000,000) over the past few months, but will not tell us to whom
> or why or disclose the terms. That is our money. Yours and mine. And that is
> three times the $700 billion we all argued about so strenuously just this
> past September. Who has this money? Why do they have it? Why are the terms
> unavailable to us? Who asked for it? Who authorized it? I thought this was a
> government of "we the people," who loaned our powers to our elected leaders.
> Apparently not.
>
> We have spent two or more decades intentionally de-industrializing our
> economy. Why?
>
>
> We have intentionally dumbed down our schools, ignored our history, and no
> longer teach our founding documents, why we are exceptional, and why we are
> worth preserving. Students by and large cannot write, think critically,
> read, or articulate. Parents are not revolting, teachers are not picketing,
> school boards continue to back mediocrity. Why?
>
> We have now established the precedent of protesting every close election
> (violently in California over a proposition that is so controversial that it
> simply wants marriage to remain defined as between one man and one woman.
> Did you ever think such a thing possible just a decade ago?) We have
> corrupted our sacred political process by allowing unelected judges to write
> laws that radically change our way of life, and then mainstream Marxist
> groups like ACORN and others to turn our voting system into a banana
> republic. To what purpose?
>
> Now our mortgage industry is collapsing, housing prices are in free fall,
> major industries are failing, our banking system is on the verge of
> collapse, social security is nearly bankrupt, as is medicare and our entire
> government. Our education system is worse than a joke (I teach college and I
> know precisely what I am talking about) - the list is staggering in its
> length, breadth, and depth.. It is potentially 1929 x ten... And we are at
> war with an enemy we cannot even name for fear of offending people of the
> same religion, who, in turn, cannot wait to slit the throats of your
> children if they have the opportunity to do so.
>
> And finally, we have elected a man that no one really knows anything about,
> who has never run so much as a Dairy Queen, let alone a town as big
> asWasilla, Alaska . All of his associations and alliances are with real
> radicals in their chosen fields of employment, and everything we learn about
> him, drip by drip, is unsettling if not downright scary (Surely you have
> heard him speak about his idea to create and fund a mandatory civilian
> defense force stronger than our military for use inside our borders? No? Oh,
> of course. The media would never play that for you over and over and then
> demand he answer it. Sarah Palin's pregnant daughter and $150,000 wardrobe
> are more important.)
>
> Mr. Obama's winning platform can be boiled down to one word: Change. Why?
>
> I have never been so afraid for my country and for my children as I am now.
>
> This man campaigned on bringing people together, something he has never,
> ever done in his professional life. In my assessment, Obama will divide us
> along philosophical lines, push us apart, and then try to realign the pieces
> into a new and different power structure. Change is indeed coming. And when
> it comes, you will never see the same nation again.
>
> And that is only the beginning..
>
> As a serious student of history, I thought I would never come to experience
> what the ordinary, moral German must have felt in the mid-1930s. In those
> times, the "savior" was a former smooth-talking rabble-rouser from the
> streets, about whom the average German knew next to nothing. What they
> should have known was that he was associated with groups that shouted,
> shoved, and pushed around people with whom they disagreed; he edged his way
> onto the political stage through great oratory. Conservative "losers" read
> it right now.
>
> And there were the promises. Economic times were tough, people were losing
> jobs, and he was a great speaker. And he smiled and frowned and waved a lot.
> And people, even newspapers, were afraid to speak out for fear that his
> "brown shirts" would bully and beat them into submission. Which they did -
> regularly. And then, he was duly elected to office, while a full-throttled
> economic crisis bloomed at hand - the Great Depression. Slowly, but surely
> he seized the controls of government power, person by person, department by
> department, bureaucracy by bureaucracy. The children of German citizens were
> at first, encouraged to join a Youth Movement in his name where they were
> taught exactly what to think. Later, they were required to do so. No Jews of
> course,
>
>
>
> How did he get people on his side? He did it by promising jobs to the
> jobless, money to the money-less, and rewards for the military-industrial
> complex. He did it by indoctrinating the children, advocating gun control,
> health care for all, better wages, better jobs, and promising to re-instill
> pride once again in the country, across Europe , and across the world. He
> did it with a compliant media - did you know that? And he did this all in
> the name of justice and .... . .. change. And the people surely got what
> they voted for.
>
> If you think I am exaggerating, look it up. It's all there in the history
> books.
>
> So read your history books. Many people of conscience objected in 1933 and
> were shouted down, called names, laughed at, and ridiculed. WhenWinston
> Churchill pointed out the obvious in the late 1930s while seated in the
> House of Lords in England (he was not yet Prime Minister), he was booed into
> his seat and called a crazy troublemaker. He was right, though. And the
> world came to regret that he was not listened to.
>
> Do not forget that Germany was the most educated, the most cultured country
> in Europe . It was full of music, art, museums, hospitals, laboratories, and
> universities. And yet, in less than six years (a shorter time span than just
> two terms of the U. S. presidency) it was rounding up its own citizens,
> killing others, abrogating its laws, turning children against parents, and
> neighbors against neighbors.. All with the best of intentions, of course.
> The road to Hell is paved with them.
>
> As a practical thinker, one not overly prone to emotional decisions, I have
> a choice: I can either believe what the objective pieces of evidence tell me
> (even if they make me cringe with disgust); I can believe what history is
> shouting to me from across the chasm of seven decades; or I can hope I am
> wrong by closing my eyes, having another latte, and ignoring what is
> transpiring around me..
>
> I choose to believe the evidence. No doubt some people will scoff at me,
> others laugh, or think I am foolish, naive, or both. To some degree, perhaps
> I am. But I have never been afraid to look people in the eye and tell them
> exactly what I believe-and why I believe it.
>
> I pray I am wrong. I do not think I am. Perhaps the only hope is our vote in
> the next elections.
>
> David Kaiser
>
> Jamestown , Rhode Island
>
> United States
Response to Original Email
> Considering Mr Obama's $600 million in untraceable fraudulent campaign contributions, from "somewhere", the fact that a similar sum was detected showing up in the Argentine presidential elections tracable to Hugo Chavez, and the warm embrace and general yucking-it-up Mr Obama did with Mr Chavez at the OAS conference week before last, I suspect you may have a good point. But not Hitlerian some much as "Bolivarian".
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