Joyanna Adams

Nobody's Opinion

Nobody Remembers the FIRST Depression

Nobody Remembers

“You can’t spend or tax an economy into prosperity. Only restraining government spending simulates the economy by freeing up money for private sectors. ” ——-Milton Freidman.

Look on the good side, I said to myself tonight: Putting plastic over the fireplace will save you at least $35 dollars on your next heating bill.

It’s 8 degrees here in Misssouri tonight, but it could be worse. I could be in Fargo…or worse yet, stranded on the Michigan highways waiting for someone to pull me out of my smashed car. Pileup

So, here I sit in the second Polar Vortex of the year, wondering what February is going to bring, and trying to figure out, like all Americans, how to budget for the upcoming food and energy prices that will be shocking us in these next few month–I guess it’s-back to peanut butter and jelly.

I happen to like peanut butter and jelly, and so do my dogs, and my birds, it’s this cold that’s getting to us all. But…the polar vortex is nothing compared to Obama’s plan to basically force our energy prices to go sky high…so that he could give his plans for “clean energy” a chance. Obama has crippled our chances for surviving even the smallest of weather reports, and therefore this little ice age is going to hurt the middle classes even more.

California, the state which grows most of our food, is in a drought. So food prices will go up. Again.

It’s not the weather that’s doing us in is it? We’ve always had weather, and it never broke the bank. What is doing that is Obama and his merry band of weatherman.

With that in mind, I thought of this passage In Wayne Allen Root book, The Ultimate Obama Survival Guide...where he gives HIS opinions on why this depression and the one that came before, did not have to happen. I post an excerpt from the good Mr. Root below: 

In the early 1020s America had installed high tax rates to pay for World War I. The result was a recession. In a brilliant move, President Calvin Coolidge, a Republican who actually did believe in free market laissez-faire economics, responded by cutting taxes, cutting spending, cutting government programs, and paying off debt. Not only did tax rates go down dramatically, top rates were brought down from 73 to 24 percent, but by the end of Coolidge’s presidency only 2 percent of Americans were paying any income tax at all. Coolidge reduced the national debt by approximately one-third, even while also cutting taxes. The result: the bust quickly ended and turned into he boom know as the “The Roaring Twenties.”

When the government spends less and lets business owners and job creators keep more, the result is always prosperity. Ironically in school we are taught Coolidge was blamed for being a “do nothing President.” (You’ve got to love those biased, ultra liberal educators who don’t have even a rudimentary knowledge of economics. )

When the 1929 stock market crash occurred, just as Coolidge predicted, Hoover’s instincts were all bad. President Hoover panicked, abandoned the laissez-faire principles that had worked so well under Coolidge, and got government heavily involved in trying to resolve the financial crisis. Big mistake. He didn’t have to do anything. The 1929 crash wasn’t actually all that bad. For one month unemployment went to 9 percent. Just a year later it was back down to 6 percent.

But that wasn’t good enough for Hoover and Congress. They soon passed a tariff bill (Smoot Hawley) that was the largest tax increase on traded U.S. goods in history. They passed a massive income tax increase from 24 percent to over 60 percent. They started passing a never ending stream of new government rules and regulations. And the government spent and spent and spent. Frantically trying to rescue the American economy from collapse.

The result? Disaster. Businesses failed, jobs were killed, and the economy tanked.

Roosevelt began “helping’ with even higher taxes, more rules and regulations, nonstop demonization of business, and massive spending on public works projects and new entitlement programs.

On January 1, 1936, income taxes were raised to 79 percent and a year later to 83 percent. Madness. But FDR was just getting warmed up. He also increased most other taxes, from estate to corporate and gift taxes. State and local taxes were also raised. Six years after Hoover was gone, SIX YEARS into FDR’s president, unemployment was at 20 percent.

Even FDR’s own Treasury Secretary, Henry Morgenthau, bemoaned the fact the FDR spent a record amount of federal money and amassed a record amount of debt without creating jobs or stimulating the economy.

And Obama is doing the very same thing that FDR did. He’s killing the economy.wolf look

So, as I sit here tonight and think about how Obama continues to wage his war on the very thing that we all need: energy. And wonder:

Will Obama even mention the high price of gas and electric in his upcoming state of the union speech on Tuesday? Will he say this cold spell is global warming and therefore he will issue an executive order for “cap-and-trade” taxes to “save’ us all from ourselves?

Could he even resist it?

I’m hoping…for a GOD event, how about you?

January 23, 2014 Posted by | American Soldiers, Barack Obama, Uncategorized | , | Leave a comment

Nobody’s Fool: Daniel Hannan–Forever More

Nobody’s Fool

It’s been a while since I touched on probably my most favorite politician in the whole wide world: Daniel Hannan. (thanks to amforatas for putting me on to him.)

If only the world was filled with more of these men, earth would be a better place. In this speech, he delivers a uplifting  speech for England to be its own country again.

Watch in awe— this man of intelligent perfection: And enjoy.

If England was smart, they’d make this man Prime Minister.

January 23, 2014 Posted by | politics | , | 3 Comments

America–Smoke a Joint and Shop Online. Welcome to the New Millennium

Nobody Wins

I TRY not to watch it but they put it on TV when you least expect it: By that I mean, something that I consider almost as bad as getting the latest virus: I’m talking about Obama’s weekly address, in which he claims every week, that he has cut the deficit in half, (Okay…we still have $17 trillion and counting so where DID you put that 8 1/2 million Mr. President?) unemployment is down, and things are just going great!Macy's store closing

But it’s not is it? Obama can put his glossy lipstick on his boogie wide-eyed buster brown prophesies all he wants: but this week has been a disaster in the town of St. Louis.  As IF it couldn’t get any worse…it does.

All over the country, giant malls are closing down. Before, Wal-Mart just hurt the mom and pop stores, but there was always the malls. After Bush decided to bail out Wall Street in 2008, we lost five big malls in St. Louis within months. And these were giant malls with hundreds of jobs.

And last week, it finally happened. There was a giant mall near my house that blew its last breath.  Jamestown Mall, just died. To some communities, the giant malls were like the beating hearts and center of attraction. Everyone gathers there on Saturdays…just because. And when those big centers of community die, it’s like someone took away your favorite uncle.

And I don’t even LIKE to shop. You could just go and people watch.

The hundreds of stores inside the Jamestown mall all moved out by 2010. But the big attractions: Sears, J.C. Penny and Macy’s were still there. Okay. So there were giant weeds growing up in the parking lot and you felt like zombies could be lurching at you before you got to your car, but once inside Macy’s…there was comfort. You could pretend that life was the same. The perfume was way beyond my wallet— but no matter–it was all pretty. Neat. Colorful.

It said America. This is it. JC penny employees

All was going to be okay…I hoped. (Okay, I knew better, but that’s hard isn’t it?)

Then, ..a year ago, Sears went. Then last week, J.C. Pennies, and now, just yesterday, Macy’s closed, the last store attached to the rest of the mall. It hung on for months–that one last store. It looked like a gigantic dead octopus attached like a sucker fish to a well-lit head.

They just couldn’t heat the mall anymore.

How many jobs were lost? Hundreds. Thousands.

But Obama is ON it.

And now more news:

Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores.  On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy’s.  Further signs of cuts in the industry came Wednesday, when Target said that it will eliminate 475 jobs worldwide, including some at its Minnesota headquarters, and not fill 700 empty positions. Experts said these headlines are only the tip of the iceberg for the industry, which is set to undergo a multiyear period of shuttering stores and trimming square footage.

When the malls go, how much longer can the movie theaters stay in business?JC penny

Now, they are SAYING that it’s a change in demographics. People are just buying online more. Which it true. Who wants to risk getting mugged getting out of your car at the local mall…or attacked by carjackers or black gangs looking for trouble on a Saturday night? Something that in Obama land was becoming quite the norm.

This morning, I heard something very sad. There was a restaurant downtown St. Louis, called the Millennium, that was dear to my heart. Every year, we would go as a family to the restaurant at the top of the hotel and take my son to his birthday dinner. It was called, unimaginatively, “The top of the Tower.” Of course it was….but it really was great.

And the reason the restaurant was so cool, is because it actually revolved—The whole damn restaurant. Can you imagine what kind of engineering that took? Millennium Hotel

it took an hour to turn the whole floor. You sat by the window and saw the whole city: the Arch, Busch Stadium, the Mississippi…it was beautiful. I remember one time when it snowed the biggest of flakes, and being up that high–looking down on the lights and streets at night through the snowflakes—-It was the most magical of evenings. You could close your eyes and pretend your were in Paris.

Years of memories. Floating back to me now. Closed. For good. Dead. One of the cities last great landmarks. Why?

Nobody Wins when you have politicians that know what’s coming, and act like it’s not happening. They almost pretend it’s not that bad.

But it is.

And Nobody Thinks that why Obama wants everyone to smoke dope.Mill hotel

Rather nice of him….considering he just killed my favorite hotel.

Goodbye Norma Jean. Say hello to the new millennium of lost dreams. Go smoke a joint and thank…

Obama. He is saying “The best is yet to come.”

It’s just going to take a millennium to get here.

January 23, 2014 Posted by | American Culture, American History, economy, Uncategorized | , , , | 6 Comments


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