About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Tuesday, May 4, 2010

Argentina Then - The Poverty Level In America Now

As a natural follow up to the April 30 posting entitled "Unkind Benevolence Is Shorting America" many people have mentioned to me the internet slide show piece entitled "Argentina Then...America Now," so here it is.

As the interest on the national debt & the unfunded entitlement mandates of the retiring 10,000 per day baby boomers overwhelmes our economic system just look @ the comparisons in the slide show of Argentina in the 1900s to America today & more importantly look @ where Argentina is today & you can project America's future on the road we are going down.

Most people always have trouble making ends meet but I have found over the past year that people are just plain out of money to spend on anything other than their normal paycheck to paycheck costs to maintain their current modest standard of living. Now add in the costs of Cap & Trade & a VAT & the majority of people will be left with a disposable income that will be @ or near the poverty level - & it is all by BO's design as plain as the nose on your face.

The April 30 piece referenced above asked "isn't shorting America's treasury securities even a more obvious bet now than shorting housing was a few years ago?" The WSJ ran a front page story today documenting the participation of members of Congress who did exactly that in 2008.

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