<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Obama&#8217;s Continuing Economic Delusion</title>
	<atom:link href="http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/</link>
	<description></description>
	<lastBuildDate>Thu, 18 Mar 2010 14:09:05 -0700</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.1</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Chicago</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256606</link>
		<dc:creator>Chicago</dc:creator>
		<pubDate>Wed, 16 Sep 2009 20:55:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256606</guid>
		<description>wait until China gets their fill of commodities (they&#039;ve been buying all the gold, silver, copper, and other commodities that they could get their hands on) then they&#039;ll be ready to dump all of those Treasury Bonds into the free market....result, the dollar&#039;s demise!</description>
		<content:encoded><![CDATA[<p>wait until China gets their fill of commodities (they&#8217;ve been buying all the gold, silver, copper, and other commodities that they could get their hands on) then they&#8217;ll be ready to dump all of those Treasury Bonds into the free market&#8230;.result, the dollar&#8217;s demise!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thinker</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256385</link>
		<dc:creator>Thinker</dc:creator>
		<pubDate>Wed, 16 Sep 2009 12:13:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256385</guid>
		<description>It&#039;s been said that his irrational behavior is a result of the death of his mother. He hasn&#039;t really mourned her, he was wasted on the red carpet. Still no excuse though.</description>
		<content:encoded><![CDATA[<p>It&#8217;s been said that his irrational behavior is a result of the death of his mother. He hasn&#8217;t really mourned her, he was wasted on the red carpet. Still no excuse though.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thinker</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256384</link>
		<dc:creator>Thinker</dc:creator>
		<pubDate>Wed, 16 Sep 2009 12:05:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256384</guid>
		<description>:lol:</description>
		<content:encoded><![CDATA[<p> <img src='http://www.noquarterusa.net/blog/wp-includes/images/smilies/icon_lol.gif' alt=':lol:' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thinker</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256382</link>
		<dc:creator>Thinker</dc:creator>
		<pubDate>Wed, 16 Sep 2009 12:04:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256382</guid>
		<description>same here</description>
		<content:encoded><![CDATA[<p>same here</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thinker</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256381</link>
		<dc:creator>Thinker</dc:creator>
		<pubDate>Wed, 16 Sep 2009 11:54:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256381</guid>
		<description>I agree Carmen.

Don&#039;t forget that tax cheat Geithner&#039;s father was the boss at Obama&#039;s mother&#039;s job.

I mean really??

His rise to fame was planned a loooong time ago, and there really is only one organization that can cover up so many documents pertaining to his life.

The hardest thing to get people to admit to is the obvious.</description>
		<content:encoded><![CDATA[<p>I agree Carmen.</p>
<p>Don&#8217;t forget that tax cheat Geithner&#8217;s father was the boss at Obama&#8217;s mother&#8217;s job.</p>
<p>I mean really??</p>
<p>His rise to fame was planned a loooong time ago, and there really is only one organization that can cover up so many documents pertaining to his life.</p>
<p>The hardest thing to get people to admit to is the obvious.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thinker</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256379</link>
		<dc:creator>Thinker</dc:creator>
		<pubDate>Wed, 16 Sep 2009 11:34:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256379</guid>
		<description>I&#039;m now convinced that Obama was brought in to destroy our economy so the forces behind him can bring in the Amero.

Americans are not stupid, we see right through him and now they are throwing the race card at anyone that speaks the truth.</description>
		<content:encoded><![CDATA[<p>I&#8217;m now convinced that Obama was brought in to destroy our economy so the forces behind him can bring in the Amero.</p>
<p>Americans are not stupid, we see right through him and now they are throwing the race card at anyone that speaks the truth.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Tammy</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256338</link>
		<dc:creator>Tammy</dc:creator>
		<pubDate>Wed, 16 Sep 2009 05:23:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256338</guid>
		<description>jwjr:
Hah. 
I&#039;m offensive?
Well, then you must be offended by the truth.

The level of corruption that this President is involved in is unbelievable. 

Ignoring it only makes you complicit.</description>
		<content:encoded><![CDATA[<p>jwjr:<br />
Hah.<br />
I&#8217;m offensive?<br />
Well, then you must be offended by the truth.</p>
<p>The level of corruption that this President is involved in is unbelievable. </p>
<p>Ignoring it only makes you complicit.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Tammy</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256332</link>
		<dc:creator>Tammy</dc:creator>
		<pubDate>Wed, 16 Sep 2009 04:38:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256332</guid>
		<description>You Dems need to change your voting rules for your candidate.  
That&#039;s out of my hands, but it seems that your own party has been taken over by extremists.  

Stand up and make demands!

We ALL need to call these corruptocrats out. 
Left and Right.  

I&#039;m sick of the damned corruption on BOTH sides.</description>
		<content:encoded><![CDATA[<p>You Dems need to change your voting rules for your candidate.<br />
That&#8217;s out of my hands, but it seems that your own party has been taken over by extremists.  </p>
<p>Stand up and make demands!</p>
<p>We ALL need to call these corruptocrats out.<br />
Left and Right.  </p>
<p>I&#8217;m sick of the damned corruption on BOTH sides.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: lemonv</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256326</link>
		<dc:creator>lemonv</dc:creator>
		<pubDate>Wed, 16 Sep 2009 04:28:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256326</guid>
		<description>Found this on Wikipedia under Big Lie: 

Big Lie is a propaganda technique in which the lie is so complex that the public will either dismiss it as impossible or choose not to believe it out of willful ignorance. It was defined by Adolf Hitler in his 1925 autobiography Mein Kampf as a lie so “colossal” that no one would believe that someone “could have the impudence to distort the truth so infamously”.

Used in Hitler’s psychological profile 

The phrase was also used in a report prepared during the war by the United States Office of Strategic Services in describing Hitler’s psychological profile:[2] 

His primary rules were: never allow the public to cool off; never admit a fault or wrong; never concede that there may be some good in your enemy; never leave room for alternatives; never accept blame; concentrate on one enemy at a time and blame him for everything that goes wrong; people will believe a big lie sooner than a little one; and if you repeat it frequently enough people will sooner or later believe 

Wonder who this profile fit, too and has been mastering the art of the Big Lie? Your guess is as good as mine.</description>
		<content:encoded><![CDATA[<p>Found this on Wikipedia under Big Lie: </p>
<p>Big Lie is a propaganda technique in which the lie is so complex that the public will either dismiss it as impossible or choose not to believe it out of willful ignorance. It was defined by Adolf Hitler in his 1925 autobiography Mein Kampf as a lie so “colossal” that no one would believe that someone “could have the impudence to distort the truth so infamously”.</p>
<p>Used in Hitler’s psychological profile </p>
<p>The phrase was also used in a report prepared during the war by the United States Office of Strategic Services in describing Hitler’s psychological profile:[2] </p>
<p>His primary rules were: never allow the public to cool off; never admit a fault or wrong; never concede that there may be some good in your enemy; never leave room for alternatives; never accept blame; concentrate on one enemy at a time and blame him for everything that goes wrong; people will believe a big lie sooner than a little one; and if you repeat it frequently enough people will sooner or later believe </p>
<p>Wonder who this profile fit, too and has been mastering the art of the Big Lie? Your guess is as good as mine.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Tammy</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256318</link>
		<dc:creator>Tammy</dc:creator>
		<pubDate>Wed, 16 Sep 2009 04:06:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256318</guid>
		<description>Postulate:
HA!
Perhaps you should read Thomas Sowell&#039;s book, &quot;Basic Economics&quot;. 

I didn&#039;t lose a PENNY in the tank of the market.  
But then again, 
I was prepared. 

So now that your credit cards are maxxed out, you are late on your rent, and you&#039;re waiting for a bailout from Obama, how do you &quot;feel&quot;?  
  
Aw, hell, go buy a lottery ticket.</description>
		<content:encoded><![CDATA[<p>Postulate:<br />
HA!<br />
Perhaps you should read Thomas Sowell&#8217;s book, &#8220;Basic Economics&#8221;. </p>
<p>I didn&#8217;t lose a PENNY in the tank of the market.<br />
But then again,<br />
I was prepared. </p>
<p>So now that your credit cards are maxxed out, you are late on your rent, and you&#8217;re waiting for a bailout from Obama, how do you &#8220;feel&#8221;?  </p>
<p>Aw, hell, go buy a lottery ticket.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chicago</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256297</link>
		<dc:creator>Chicago</dc:creator>
		<pubDate>Wed, 16 Sep 2009 02:46:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256297</guid>
		<description>what&#039;s the criteria for post censorship?  Please let us know. I don&#039;t want to keep typing long comments and find that it disappears into the twilight zone!  LOL!</description>
		<content:encoded><![CDATA[<p>what&#8217;s the criteria for post censorship?  Please let us know. I don&#8217;t want to keep typing long comments and find that it disappears into the twilight zone!  LOL!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chicago</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256292</link>
		<dc:creator>Chicago</dc:creator>
		<pubDate>Wed, 16 Sep 2009 02:42:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256292</guid>
		<description>as of today the dollar has started to slip since the beginning of September.  currently down 2% and is literally on a downward spiral on the USD index chart.  

you can go to stockcharts.com and type in $USD to see the US Dollar index chart and see for yourselves.

while a slide like this may have a bounce (probably bounce up 2 to 3% for a week or two), but it points to a much deeper decline in the near future and for longer term.  the support level is at 76 (it&#039;s currently at around 77), if it breaks below 76 where looking at steep decline to the 50s level.  that would be a massive 60% decline from the 125 level in 1985, a 60% loss of buying power for the dollar coupled with no increase in families&#039; income due to fake CPI numbers being reported by the government.  you think those chinese products are cheap, wait until the dollar index reaches the 50s, those chinese products would become luxury items for us.

since the dollar&#039;s value broke its technical support in the beginning of september, it has been sliding to the downside.  this does not bode well for inflation figures, which not surprisingly is being fudged again to show little to no inflation.

what&#039;s the immediate effect of the current dollar slide - first the stock market&#039;s initial reaction is to go higher since if the dollar loses value inflation has to go higher and asset prices has to go higher to match the dollar&#039;s decline.  second, commodities prices has to go higher, gold and silver (and other comodoties) have posted higher gains (gold topped $1000 and silver topped $16 per ounce).

the dangerous scenario for this is that the inverse relationship between the dollar and the stock market may (and I think) will start to decouple once the dollar&#039;s decline starts to affect companies&#039; bottom line.  prices could only go up so much until consumers start scaling back their purchases in a more drastic way.  retail sales is already on the decline, it will go lower if the dollar&#039;s decline pushes prices higher.  when that decoupling occurs both the dollar and the stock market will start to decline and only comodities (precious metals, grains, oil, natural gas) would go higher and further aggravate declining retail sales.

declining purchasing power will result in a decline in corporate profits that will surely cause another wave of layoffs which in turn would trigger more forclosures of mortgages...another downward spiral for the economy that will not stop until the lunacy of printing more money is stopped, and small businesses are finally given a leg up through lower taxes.

I&#039;ve been harping about the dollar&#039;s decline for weeks and some might see it as a &quot;chicken little&quot; reaction from me but time after time, countries that destroy their currency&#039;s purchasing power end up at the bottom of the global economy.  we saw this in south america, we saw this in Asia (where Geoge Soros himself was right smack in the middle of the Thailand currency crisis making billions), and we saw this in Africa.  we are about to see it here in our very own US of A unless someone throws a wrench in that printing press.

the government needs to buckle down and reduced its spending.  it is better to raise the deficit by cutting taxes than to raise it through massive government spending (the money goes to dubious organizations like ACORN anyway!).  

we can not outspend our way out of this economic crisis.  a business in peril can not whip out a credit card and start spending itself silly on things it does not need!  we need to help families by reducing their taxes and increasing their buying power.  we already know that income will not increase, reducing the buying power of the dollar and increasing families&#039; taxes at the same time is a recipe for financial ruin.

the next few months is crucial for the economy.  keep printing money, keep pushing for higher taxes (Bush tax cuts are set to expire by end of 2010, love the name Bush or not, that&#039;s a tax increase that will hit the middle class and small businesses), and add a trade war with our biggest creditor to boot will bury our economy deeper than the last great depression.</description>
		<content:encoded><![CDATA[<p>as of today the dollar has started to slip since the beginning of September.  currently down 2% and is literally on a downward spiral on the USD index chart.  </p>
<p>you can go to stockcharts.com and type in $USD to see the US Dollar index chart and see for yourselves.</p>
<p>while a slide like this may have a bounce (probably bounce up 2 to 3% for a week or two), but it points to a much deeper decline in the near future and for longer term.  the support level is at 76 (it&#8217;s currently at around 77), if it breaks below 76 where looking at steep decline to the 50s level.  that would be a massive 60% decline from the 125 level in 1985, a 60% loss of buying power for the dollar coupled with no increase in families&#8217; income due to fake CPI numbers being reported by the government.  you think those chinese products are cheap, wait until the dollar index reaches the 50s, those chinese products would become luxury items for us.</p>
<p>since the dollar&#8217;s value broke its technical support in the beginning of september, it has been sliding to the downside.  this does not bode well for inflation figures, which not surprisingly is being fudged again to show little to no inflation.</p>
<p>what&#8217;s the immediate effect of the current dollar slide &#8211; first the stock market&#8217;s initial reaction is to go higher since if the dollar loses value inflation has to go higher and asset prices has to go higher to match the dollar&#8217;s decline.  second, commodities prices has to go higher, gold and silver (and other comodoties) have posted higher gains (gold topped $1000 and silver topped $16 per ounce).</p>
<p>the dangerous scenario for this is that the inverse relationship between the dollar and the stock market may (and I think) will start to decouple once the dollar&#8217;s decline starts to affect companies&#8217; bottom line.  prices could only go up so much until consumers start scaling back their purchases in a more drastic way.  retail sales is already on the decline, it will go lower if the dollar&#8217;s decline pushes prices higher.  when that decoupling occurs both the dollar and the stock market will start to decline and only comodities (precious metals, grains, oil, natural gas) would go higher and further aggravate declining retail sales.</p>
<p>declining purchasing power will result in a decline in corporate profits that will surely cause another wave of layoffs which in turn would trigger more forclosures of mortgages&#8230;another downward spiral for the economy that will not stop until the lunacy of printing more money is stopped, and small businesses are finally given a leg up through lower taxes.</p>
<p>I&#8217;ve been harping about the dollar&#8217;s decline for weeks and some might see it as a &#8220;chicken little&#8221; reaction from me but time after time, countries that destroy their currency&#8217;s purchasing power end up at the bottom of the global economy.  we saw this in south america, we saw this in Asia (where Geoge Soros himself was right smack in the middle of the Thailand currency crisis making billions), and we saw this in Africa.  we are about to see it here in our very own US of A unless someone throws a wrench in that printing press.</p>
<p>the government needs to buckle down and reduced its spending.  it is better to raise the deficit by cutting taxes than to raise it through massive government spending (the money goes to dubious organizations like ACORN anyway!).  </p>
<p>we can not outspend our way out of this economic crisis.  a business in peril can not whip out a credit card and start spending itself silly on things it does not need!  we need to help families by reducing their taxes and increasing their buying power.  we already know that income will not increase, reducing the buying power of the dollar and increasing families&#8217; taxes at the same time is a recipe for financial ruin.</p>
<p>the next few months is crucial for the economy.  keep printing money, keep pushing for higher taxes (Bush tax cuts are set to expire by end of 2010, love the name Bush or not, that&#8217;s a tax increase that will hit the middle class and small businesses), and add a trade war with our biggest creditor to boot will bury our economy deeper than the last great depression.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Carmen</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256109</link>
		<dc:creator>Carmen</dc:creator>
		<pubDate>Tue, 15 Sep 2009 20:06:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256109</guid>
		<description>Keep your eyes on Glenn, he is the only one actually making a dent and showing us the way.</description>
		<content:encoded><![CDATA[<p>Keep your eyes on Glenn, he is the only one actually making a dent and showing us the way.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Carmen</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256107</link>
		<dc:creator>Carmen</dc:creator>
		<pubDate>Tue, 15 Sep 2009 20:04:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256107</guid>
		<description>Hillary just revoked the visa of the interim constitutional President of Honduras and his cabinet.  I am sorry, I used to like her too, and I loved Bill.  But when I was for them, I did not understand what a &quot;progressive&quot; actually was, and I had not read Alinsky yet, her hero.  
Nope, she has put herself out of the running in my eyes now that they are open.</description>
		<content:encoded><![CDATA[<p>Hillary just revoked the visa of the interim constitutional President of Honduras and his cabinet.  I am sorry, I used to like her too, and I loved Bill.  But when I was for them, I did not understand what a &#8220;progressive&#8221; actually was, and I had not read Alinsky yet, her hero.<br />
Nope, she has put herself out of the running in my eyes now that they are open.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TeakWoodKite</title>
		<link>http://www.noquarterusa.net/blog/2009/09/14/obamas-continuing-economic-delusion/#comment-1256102</link>
		<dc:creator>TeakWoodKite</dc:creator>
		<pubDate>Tue, 15 Sep 2009 20:02:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=32608#comment-1256102</guid>
		<description>Carmen, I missed that one, Link please?

&lt;blockquote&gt;On Jan. 13, Taitz filed a suggestion for the justices to recuse themselves from swearing Obama in as president as it would be a conflict of interest while there were cases still pending in their court regarding his eligibility.

Her suggestion was noted on the docket, although ignored as eight of the nine Supreme Court Justices (Samuel Alito absent) held an ex parte, private, closed-door meeting with Obama on Jan. 19, only days before Lightfoot’s case was to be discussed.&lt;/blockquote&gt;.

&lt;a href=&quot;http://drorly.blogspot.com/2009/01/obama-suit-dismissed-as-moot-scotus.html&quot; rel=&quot;nofollow&quot;&gt;This?&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Carmen, I missed that one, Link please?</p>
<blockquote><p>On Jan. 13, Taitz filed a suggestion for the justices to recuse themselves from swearing Obama in as president as it would be a conflict of interest while there were cases still pending in their court regarding his eligibility.</p>
<p>Her suggestion was noted on the docket, although ignored as eight of the nine Supreme Court Justices (Samuel Alito absent) held an ex parte, private, closed-door meeting with Obama on Jan. 19, only days before Lightfoot’s case was to be discussed.</p></blockquote>
<p>.</p>
<p><a href="http://drorly.blogspot.com/2009/01/obama-suit-dismissed-as-moot-scotus.html" rel="nofollow">This?</a></p>
]]></content:encoded>
	</item>
</channel>
</rss>
