How Much Did Butter Cost in 2020?

We are on the way to economic meltdown. I just came home from the grocery store. Land o' Lakes butter is almost $8.00 for a two-pound box. I checked the inflation table and the cost of butter has increased by almost 35%. Consider that with everything else you're buying. And then remember that the feds are spending like drunken sailors to give goodies to illegals and to send trillions to foreign countries to wage war and protect their own borders when we refuse to protect our own. 

It's insanity on steroids! 

Thought for the Day: On Nancy Pelosi vs. Donald Trump from Fr. Tom Collins

Trump defines progress as increasing the number of loaves, which can feed people.

Pelosi defines progress as increasing the number of loafers, who can feed off of people.

Made in the USA

Check out the story here! 

Pondering the Deficit Ceiling Freeze

Time out from the doomsday scenarios for a laugh...

Default, Dear Brutus, Is Not In Our Stars, But In Ourselves

The Train Wreck is Coming

If we don't control our national debt, get ready to take the imminent crash position.

What the Debt Limit Battle Is All About

"The Obama Democrats have raised [federal spending] to 24 or 25 percent [of the gross domestic product]. And the president's budget projects that that percentage will stay the same or increase far into the future.

"In the process, the national debt as a percentage of gross domestic product has increased from a manageable 40 percent in 2008 to 62 percent this year and an estimated 72 percent in 2012. And it's headed to the 90 percent level that economists Kenneth Rogoff and Carmen Reinhart have identified as the danger point, when governments face fiscal collapse."

The Obama - Soros Connection

Catholics need to know George Soros because he is a serious enemy of the Church. He has financed some of the most egregious "Catholic" front groups in the U.S., groups like Catholics for a Free Choice and Catholics in Alliance for the Common Good. The man's history is one of betrayal and he is a master at profiting from other people's misery. 

Executive Intelligence Report (EIR) gives us a brief sketch of what Soros has been up to in more recent times: (My comments are in red.)

Following the crisis of the European Exchange Rate Mechanism of September 1992, when the Bank of England was forced to abandon efforts to stabilize the pound sterling, a little-known financial figure emerged from the shadows to boast that he had personally made over $1 billion in speculation against the British pound.” Great man, eh? Profitting from bad times for the multitudes. That's how he's made his billions.

That speculator was none other than George Soros, who once helped the Nazis expropriate the property of his wealthy fellow Jews. Isn't that an interesting piece of information! He betrayed his own, why would he not betray anyone else? Is there a man alive who truly believes that George Soros has the best interests of the United States and the American people at heart? Nobody with half a brain. This is the man who now pulls Obama’s strings… who whispers behind-the-scenes economic advice into Obama’s ear as he engineers the most dangerous slide toward economic chaos since the Great Depression. He poured beaucoup bucks into Obama's campaign and expects a return on his investment.

So what assurances do we have that the Soros-Obama cabal is not working toward a period of ruinous hyperinflation in the United States… a period of hyperinflation designed to make Soros the wealthiest man on Earth and Obama the most powerful? None at all. What assurances do we have that Soros and Obama are not purposely designing economic policies that could quickly turn the United States into just another Third World country, smothered in foreign debt? In view of Obama's policies, all of which have been devastating to the U.S. economy, it's a good bet. No one can be that stupid! So if he's not stupid, it stands to reason that he's doing it on purpose.

In Soros we have a man with a history of satisfying his greed by betting against the economic interests of his own country and his own people, while in Obama we have a man who has spent almost his entire adult life learning at the knee of America-haters such as the Communist Frank Marshall Davis; radical activist Saul Alinsky; the anti-Semitic guru of black liberation theology, Rev. Jeremiah Wright; the unrepentant 1960s terrorists William Ayers and Bernadine Dohrn, and numerous other Marxist college professors, America-haters, and assorted homegrown radicals.

There is not a single free-market capitalist in Obama’s entire political lineage. Surprise!

Individually, Obama and Soros are dangerous men. But together… given Soros’s wealth, now estimated at over $11 billion, and Obama’s skills as a “snake oil” salesman of the first order… they have the potential to serve as the catalysts for worldwide economic calamity. Greece may just be the beginning.

Read the complete article here and keep your eyes on the relationshiop between Soros and Obama. Soros is no stranger to the White House where he's visited a number of times. Michele Malkin noted two visits, but the visitor logs released by the administration are miniscule. Who knows how many times Soros has been there pulling strings with his money greasing the skids? Here's what Malkin writes: 

Soros visited Lipton [Obama's advisor for international economic affairs] on February 25, just a few days after he made international headlines for statements at Columbia University about the global financial collapse, and again on March 25, the day he was quoted around the world gloating about “having a very good crisis.”

Soros makes no bones about wanting the devaluation of the dollar, the birth of the new world order, with China in the lead pulling us along. That's what he says in this ten minute interview if you can stand to listen to it. We are well on the way to becoming a banana republic. If you want to know how a country can go from a successful, thriving economy to disaster in just a short time check out the videos on YouTube about Argentina's economic collapse.

Obama and the State of the Union

I watched about an hour of the state of the union speech last night. It was as much as I could stomach. What I found particularly appalling was the Mardi Gras atmosphere. The only thing missing was the confetti and glass beads. (On second thought, Nancy had on the beads.)

The speech had little depth and was given in almost a joking way with Nancy (and Joe following more slowly) jumping up like a little bobbly head jack-in-the-box every time the president ended a sentence.

On the one had, the president was talking about focusing on the economy, but then dragged out the same economy-killing agenda that has raised the misery index in the country and left ten percent of Americans out of work.

Check out what Heritage Foundation analysts thought of the speech.

Get Real on the Economy: When China Dumps the Dollar, It's Big Inflation Time

Bernanke Is Wrong! The Economy Is Getting Worse, Not Better, Schiff Says

Pay down your debt and get ready for the belt tightening. God punishes nations where they deserve it. Americans have killed their children for consumerism. God will hit us in the pocketbook because we have made Mammon our God. Look at the shopping malls with their marble columns, bright lights, and shimmering shop windows. They represent our temples to Mammon. How many won't set foot in a church on Sunday, but spend hours at the mall?

God's people should never fear to see the cleansing because it brings a return to what is true and good and leads many back to the the Author of life. Prayer and prudence are the watchword for difficult times. And it doesn't hurt to laugh a little. This video comes from Columbia Business School (CBS) Follies.

Obama takes over GM

Remember the old joke about the horse designed by a committee that turned out to be a camel? Well, what do you think a car designed by Washington will look like? Government taking control of some of the largest industries in the U.S. is not a good sign for our sagging economy. How long can Obama and the Democratic majority continue to blame the sad state of things on the Republican Party. True conservatives need to fight these socialistic economic policies. Government is the problem, not the solution.

From the Washington Times today:

"Within two months, the U.S. and Canadian governments together under the plan would own nearly 70 percent of the storied Detroit company, which is considered the backbone of the U.S. auto and manufacturing sectors, according to sources familiar with the discussions. Canada would receive a small share in exchange for assisting GM, but the sources declined to be more specific.

"The overwhelming share of the company the government is giving itself much exceeds the 50 percent share originally reported last month and angered bondholders who feel that the government should have offered more to investors in light of the union's agreement to halve its earlier reported 39 percent share." Read the rest...

Good for the House Republicans

Not a single Republican in the House voted for the Democrats $819 billion spending extravaganza when it passed yesterday. And eleven democrats joined the good guys. Thanks be to God! Now when the inevitable failure occurs, liberals will take the full blame.

The falsely called "stimulus" package doesn't stimulate anything but liberals' saliva glands. The handouts in the bill are so excessive they offer real hope of waking up the sleeping giant, the middle class who may have been duped into voting for a liberal dressed in a conservative suit, but you can only fool people for so long. Let's hope what's happening also is a wake-up call to Republicans who sold out conservative principles a generation ago. Big-government Republican should be an oxymoron. Let's make is so once again.

I mentioned some of the porky items in the bill in an earlier post. Here are a few more. Ask yourself as you read this list how this spending will create new jobs and contribute to economic recovery. Maybe it's a secret only liberal democrats can understand:

-- $5.2 billion for "neighborhood stablization programs" that will go primarily to groups like ACORN (This is Obama payback time.)

-- $400 million to NASA for climate change research (the Chicken Little payback)

-- $426 million to the Center for Disease Control to construct buildings (That will put a few construction workers on the payroll.)

-- $360 million for new daycare facilities at military bases (Get those moms out of the house and into the taxpaying workforce.)

-- $600 million for the General Services Administration to buy new cars (but they'll be energy efficient)

-- $800 million to clean up Superfund Sites (Payback to the liberal greenies)

Aren't you happy to know that your taxpayer dollars...and your children's...and your grandchildren's...will be going for this good cause. This behemoth spending bill is mortgaging the future. If you think your kids' school loans have put them in hock for too long just think of the impact of all this borrowed money on their earning power. But we are guaranteed one thing out of this - a deeper recession, higher taxes, more unemployment, and hyper-inflation. That's just economic reality.