Musings on the Week

Musings on the Week

June 22, 2013


Crisis – The whole aim of politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgloblins, all of them imaginary. H.L. Mencken.

Politics – Obama has no desire to “lead from behind” in Syria, but is forced to “wag the dog” to distract the American public from the parade of political scandals plaguing his regime.

Politics – The most expensive Obama scandal is the Pigford reparations settlement that has been expanded from 91 plaintiffs to 90,000 and exploded from $120 million to $4.4 billion.

Politics – After uncomfortable confrontations, Obama has not replaced the Inspectors General in ServiceCorps, Amtrak, Treasury, ITC, State, Interior, Homeland Security or USAID.

Politics – Black Democrats are switching political parties to Republican as it becomes clear that left-wing agendas do not match black cultural values nor improve their conditions.

Politics – Hillary Clinton is planning her run for the presidency, while scandals are revealed entirely her responsibility, exposing her State Department as corrupt and incompetent.

Media – As new technologies emerge, I expect Twitter will go the way of telephone party lines doomed by personal privacy issues and a lack of any viable business case.

Media – The MSM downfall has already begun, but I expect this avalanche to continue more layoffs at the New York Times, the Washington Post, and the TV Network News departments.

Crisis – Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened.” Ron Paul.

Economy – The Federal Reserve hinted at winding down the Qualitative Easing program causing equity markets to tank as a precursor to the inevitable rise of interest rates.

Economy – Detroit will default on its $2.5 billion in unsecured debt and ask creditors to take ten cents on the dollar of what the city owes them to avoid the largest bankruptcy in history.

Debt – If you include all the funded and unfunded liabilities, such as Medicare, Social Security, and pensions, the actual national debt is $222 trillion, increasing $11 trillion in 2012.

Deficit – Considering the lack of any real progress controlling the national deficit and debt, why have the three major credit bureaus not further downgraded the U.S. credit rating?

Immigration – Congress is currently working diligently on the latest distraction on immigration reform, a topic that rarely cracks the top-10 list of top concerns for the American people.

Immigration – The Comprehensive Immigration Reform bill is 1,075 pages long, and that doesn’t include the 448 pages of amendments filed to address the shortcomings.

Environment – The entire environmental movement is a global government grab hoax based on phony climate proof points, faulty computer models, and hysterical future predictions.

Deficit – I expect one or more states to declare bankruptcy and seek assistance to recover from the bad economic decisions of the past under federal judicial protection.

Housing I expect that it will take four or more years at the current rate for the backlog of foreclosures to finally clear, before we see any signs of life of a robust housing recovery.

Crisis – The United States is the only power in history that became great by giving and not by taking. I think the crisis was when the United States had more money than ideas. Money doesn't produce money. Ideas produce money.Shimon Peres.

GWOT – Muslims kill and persecute non-Muslims on a massive and systematic scale in Muslim countries, with more than 100,000 Christians are killed on a yearly basis in the Muslim world.

Defense – As rogue nations with terrorist ties develop their own nuclear weapons, Obama decided it is time for unilateral nuclear disarmament and cutting back on missile defense.

Syria – Obama can’t “dither” for a year on Syria, issue a “red-line” that was passed three months ago, and now assume a mission tailor made for the role of the UN Security Council.

Afghanistan – Obama is replicating the mistakes of the Vietnam War: winning the military war, abandoning the friendly government, and surrendering to the vanquished enemy.

Israel I expect that Israel will be attacked by Hamas and the IDF will retaliate by invading and then re-annexing Gaza based on defensible borders and 1920 San Remo Conference.

Israel – I expect that Israel will suffer a nuclear attack from Islamist extremists, and Obama will talk a lot, but stand aside and refuse to help defend this longtime ally.

Asia – I expect that North Korea will attack South Korea and attempt to reunite Korea, and Obama will be “unable” to support our troops and will negotiate for a stalemate.


David Coughlin

Hawthorne, NY