How can a country go on without a budget???
The U.S.A. has not had a budget in almost 4 years. The only budget offered by this President was unanimously defeated with not one person on either side of the aisle voting for his budget. This is how far from reality the current President is thinking.
WHY do we need a budget?
Because we have SIXTEEN TRILLION in debt and it is growing at a rate of TWO BILLION DOLLARS A DAY.
OK - some debt is OK. What is OK depends on the ability of the USA to take in revenue. So lets look at the numbers in easy format.
We pay interest on this debt. The more interest we have to pay, the less money there is for other programs. Programs like food stamps - welfare - highway contraction - defense - medicare - social security. All good programs.
Every dollar we spend on interest is a dollar we can not spend on these programs.
Right now, we are keeping the interest rates almost at zero. But when interest rates rise, so will the interest we will have to pay on the debt. As the interest rates rise, the money available to pay for all the great programs is less.
And to make matters worse, some countries are beginning to raise their inter-bank interest rates. WHY is this important? Because all the other interest rates like loans and mortgages are based on these inter-bank rates. The higher the inter-bank rates the higher the loan rates.
As these rates rise, the rates on our debt will begin to rise every week. Why every week? Because we normally re-finance a part of our debt every week in Treasury auctions. The companies that "bid" on the each week's re-financing will bid slightly higher each week. Bidding higher means at a higher interest rate. As the interest rates go up - so does the interest on our debt go up.
Now some numbers. Lets assume the debt is exactly Sixteen trillion dollars and it is all in Treasury bills.
If the interest rate goes up just ONE HALF OF A PERCENT, the increase in interest cost to the treasury will be an EXTRA EIGHT HUNDRED BILLION DOLLARS over the year.
There is zero chance that we could ever afford to pay this extra interest over what we are now paying.
So we will print more money to cover the difference. BUT everyone will know we are printing money to cover the interest. It's like trying to cash a check with no money in the bank. So the interest rates will continue to rise at every weekly auction. Soon the rate will rise for another Half Percent.
The interest in the debt then will be an extra ONE TRILLION, SIX HUNDRED BILLION DOLLARS. This is more than the entire revenue of the US Treasury in a year. There will be zero money left for any programs. The dollar will collapse and become worthless. Everyone will become instantly poor and unable to buy anything. No food - No electricity - No gasoline - NOTHING.
This is why we need to start reducing the debt by at least 20% immediately. And then continue to reduce the debt until it is under the Gross Nation Product. This will make the dollar strong and keep America FREE. It will also allow for all the programs to be funded.
Allowing the debt to soar is the path for an absolute financial destruction of America.
And that's the way I see it...
Straight Talk with Jay Clifford.
Monday, September 24, 2012
Sunday, September 23, 2012
The THIRD ESTATE is gone
The third estate was the FREE NEWSPAPERS. News reporting would ask the hard questions of every President and Congressperson - no matter what their political affiliation. That has stopped.
Now that ABC, CBS & NBC are so biased that these stations are basically a propaganda machine for liberals, our core freedom is challenged, damaged and threatened. As the press goes - so goes America's freedom.
Without an unbiased news reporting, we can be lied to and no one will know.
That is why Freedom demands an independent free press.
In my opinion there are two types of lies.
The first lie is a straight untruth.
The second lie is when you purposely leave out important facts to lean the understanding of what you are saying away from the truth. This is a lie of omission or not reporting. This is what the three news stations are doing. They are under-reporting. They are not telling complete truths.
And in this process they are seeding the destruction of independent news reporting, the truth and one of America's foundations for freedom - the free press. With governmental controlled news, the citizens can be lead to believe whatever the government wants to tell them. This is why dictators control the news reporting.
Today, with the three channels -ABC-CBS-NBC- only reporting the news they want to tell and leaving out the rest of the news, the citizen do not get the complete picture of what is really happening.
We need to find a way to get this message to these three news stations - or - not only will the Third Estate be dead but the Freedom to do and say what we want will stop.
And that's they way I see it...
Straight Talk with Jay Clifford.
Now that ABC, CBS & NBC are so biased that these stations are basically a propaganda machine for liberals, our core freedom is challenged, damaged and threatened. As the press goes - so goes America's freedom.
Without an unbiased news reporting, we can be lied to and no one will know.
That is why Freedom demands an independent free press.
In my opinion there are two types of lies.
The first lie is a straight untruth.
The second lie is when you purposely leave out important facts to lean the understanding of what you are saying away from the truth. This is a lie of omission or not reporting. This is what the three news stations are doing. They are under-reporting. They are not telling complete truths.
And in this process they are seeding the destruction of independent news reporting, the truth and one of America's foundations for freedom - the free press. With governmental controlled news, the citizens can be lead to believe whatever the government wants to tell them. This is why dictators control the news reporting.
Today, with the three channels -ABC-CBS-NBC- only reporting the news they want to tell and leaving out the rest of the news, the citizen do not get the complete picture of what is really happening.
We need to find a way to get this message to these three news stations - or - not only will the Third Estate be dead but the Freedom to do and say what we want will stop.
And that's they way I see it...
Straight Talk with Jay Clifford.
Tuesday, September 11, 2012
Where is obama hiding?
Today is September 11, 2012. SEPTEMBER 11TH, everyone!!!
Where is obama?
Two of our embassies are under siege.
Where is obama?
He is apologizing to the extremist muslims.
FOR WHAT?
These extremists need to be dealt with - not apologized to.
Israel wants to meet with obama. Obama says no. WHY?
Because he is fund raising for his re-election.
Obama is failing the American people.
Obama needs to be replaced.
Replaced with someone who understand the world's political
movements and the real threat declared by these extremists radical jihadis.
These jihadis want to kill ALL infidels.
When asked the definition of an 'infidel', the answer was:
"anyone not a muslim."
That means it is OK for these extremists to kill any Jew or
any Christian or anyone who is not a muslim.
What does that mean? That means, in no uncertain terms,
these extremists want a muslim world and will kill anyone
who is not a muslim.
To me, that is just like when Hitler said he wanted to kill all the Jews
and no one took him at his word. SIX MILLION DEAD JEWS later,
and the world almost woke up to Hitler's words.
Now jihadists are telling the world they want to kill everyone who
is not a muslim. And I take them at their word.
So what do we do? Wait to be killed???
Or do we kill them before they kill us???
I prefer to kill them before they kill me.
What do you think?
And that's the way I see it...
Straight Talk with Jay Clifford
Where is obama?
Two of our embassies are under siege.
Where is obama?
He is apologizing to the extremist muslims.
FOR WHAT?
These extremists need to be dealt with - not apologized to.
Israel wants to meet with obama. Obama says no. WHY?
Because he is fund raising for his re-election.
Obama is failing the American people.
Obama needs to be replaced.
Replaced with someone who understand the world's political
movements and the real threat declared by these extremists radical jihadis.
These jihadis want to kill ALL infidels.
When asked the definition of an 'infidel', the answer was:
"anyone not a muslim."
That means it is OK for these extremists to kill any Jew or
any Christian or anyone who is not a muslim.
What does that mean? That means, in no uncertain terms,
these extremists want a muslim world and will kill anyone
who is not a muslim.
To me, that is just like when Hitler said he wanted to kill all the Jews
and no one took him at his word. SIX MILLION DEAD JEWS later,
and the world almost woke up to Hitler's words.
Now jihadists are telling the world they want to kill everyone who
is not a muslim. And I take them at their word.
So what do we do? Wait to be killed???
Or do we kill them before they kill us???
I prefer to kill them before they kill me.
What do you think?
And that's the way I see it...
Straight Talk with Jay Clifford
Obama snubs Israel AGAIN!!!
The headline says it all.
Obama is more concerned about campaigning than meeting with
America's strongest ally.
What is wrong with this obama???
It is all about him. He thinks only of himself.
He displays nothing for the good of the USA.
This is the second snub of Israel by this obama.
I can not see any reason for any Jewish person to vote for this obama.
And that's the way I see it...
Straight Talk with Jay Clifford.
Obama is more concerned about campaigning than meeting with
America's strongest ally.
What is wrong with this obama???
It is all about him. He thinks only of himself.
He displays nothing for the good of the USA.
This is the second snub of Israel by this obama.
I can not see any reason for any Jewish person to vote for this obama.
And that's the way I see it...
Straight Talk with Jay Clifford.
Wednesday, September 5, 2012
How much of a liar can obama be!!!
For three and a half years, this obama never mentioned the middle class ONCE!!!
Now all of a sudden the words MIDDLE CLASS appear in every one of his speeches.
This obama snubbed Israel and never visited Israel. Now he's running for re-election with nothing to advocate and a terrible record to run on by saying he is now pro-Israel. Who is he kidding and how many Jews will fall for this smoke and mirrors!!!
All this obama cares about is getting dollars to get another 4 year vacation to complete the division of the United States of america.
Remember how the obama laughed when they talked about 'shovel ready jobs?' Are you laughing while 23,000000 Americans are out of work???
For me, this obama has not earned another term.
It is time to move obama out of office and put someone into the office of the Presidency who has experience governing and experience in the business world.
Now all of a sudden the words MIDDLE CLASS appear in every one of his speeches.
This obama snubbed Israel and never visited Israel. Now he's running for re-election with nothing to advocate and a terrible record to run on by saying he is now pro-Israel. Who is he kidding and how many Jews will fall for this smoke and mirrors!!!
All this obama cares about is getting dollars to get another 4 year vacation to complete the division of the United States of america.
Remember how the obama laughed when they talked about 'shovel ready jobs?' Are you laughing while 23,000000 Americans are out of work???
For me, this obama has not earned another term.
It is time to move obama out of office and put someone into the office of the Presidency who has experience governing and experience in the business world.
Saturday, September 1, 2012
OBAMA
WHat is it about this person that the media falls over itself to support him???
He is without a doubt the worst President since Jimmy Carter.
He has spent millions to hide his past.
He has multiple social security numbers.
He never had a real job before becoming a congressman for IL which he
99% voted present.
As for his US Senator seat, he voted present or against all the issues he champions as President.
He is blatantly a racist. His ACTIONS prove that.
He is blatantly an anti-American. His ACTIONS prove that.
He has appointed 32 CZARS who are ALL EXTREMIST anti-American and pro- Socialists.
He steps in where he should not when it's about race - another example of his racism.
His wife was never proud of being an AMerican until she received the BLACK American Express Card where she spent about $500 for TWO LUNCHES and has more "maids in waiting" at our taxpayers expense than any other First Lady.
The obamas have used the Presidency as their paid 4 year vacation and did zero work except pass the obamacare which will cost trillions of dollars and bring the United Staes of America to its knees when our debt can not be paid back.
Obama spent the entire $781,000,000,000 of the stimulus giving money to states who used that money to balance their budgets instead of cutting their spending making things worst for many states.
Obama has sued states for upholding actual US Federal laws passed by congress.
Obama has laughed at Americans citizens about "shovel ready jobs" and "lazy citizens."
Under obama the black people have suffered the worst.
Under obama we have kicked sand in the faces of our allies like England and Israel and
bowed to princes of Saudi Arabia and suggested deals to Russia "after the election.
Under obama we have not signed ONE trade agreement while China has signed 14 and is in the process of signing another 13 trade agreements.
When obama submitted his budget to congress, HE DID NOT GET ONE VOTE FROM DEMOCRATS OR REPUBLICANS FOR HIS BUDGET. Talk about being out of sync with the current economic situation.
And yet ABC and CBS and NBC praise this obama and never ask any questions of substance. BUT when an honest question is asked, these three stations immediately cry racists. And these three stations send of waves of reporters to dig up 'dirt' on anyone who dares to tell the American the truth.
I believe ABC,, CBS and NBC are in the pocket of obama and we have lost the free press. That is one of the first steps towards the END OF FREEDOM for the United STates Of America.
I believe that these three stations should lose their licences to broadcast.
And that's the way I see it...
Straight Talk with Jay Clifford.
PS You have my permission to forward this to anyone and everyone.
He is without a doubt the worst President since Jimmy Carter.
He has spent millions to hide his past.
He has multiple social security numbers.
He never had a real job before becoming a congressman for IL which he
99% voted present.
As for his US Senator seat, he voted present or against all the issues he champions as President.
He is blatantly a racist. His ACTIONS prove that.
He is blatantly an anti-American. His ACTIONS prove that.
He has appointed 32 CZARS who are ALL EXTREMIST anti-American and pro- Socialists.
He steps in where he should not when it's about race - another example of his racism.
His wife was never proud of being an AMerican until she received the BLACK American Express Card where she spent about $500 for TWO LUNCHES and has more "maids in waiting" at our taxpayers expense than any other First Lady.
The obamas have used the Presidency as their paid 4 year vacation and did zero work except pass the obamacare which will cost trillions of dollars and bring the United Staes of America to its knees when our debt can not be paid back.
Obama spent the entire $781,000,000,000 of the stimulus giving money to states who used that money to balance their budgets instead of cutting their spending making things worst for many states.
Obama has sued states for upholding actual US Federal laws passed by congress.
Obama has laughed at Americans citizens about "shovel ready jobs" and "lazy citizens."
Under obama the black people have suffered the worst.
Under obama we have kicked sand in the faces of our allies like England and Israel and
bowed to princes of Saudi Arabia and suggested deals to Russia "after the election.
Under obama we have not signed ONE trade agreement while China has signed 14 and is in the process of signing another 13 trade agreements.
When obama submitted his budget to congress, HE DID NOT GET ONE VOTE FROM DEMOCRATS OR REPUBLICANS FOR HIS BUDGET. Talk about being out of sync with the current economic situation.
And yet ABC and CBS and NBC praise this obama and never ask any questions of substance. BUT when an honest question is asked, these three stations immediately cry racists. And these three stations send of waves of reporters to dig up 'dirt' on anyone who dares to tell the American the truth.
I believe ABC,, CBS and NBC are in the pocket of obama and we have lost the free press. That is one of the first steps towards the END OF FREEDOM for the United STates Of America.
I believe that these three stations should lose their licences to broadcast.
And that's the way I see it...
Straight Talk with Jay Clifford.
PS You have my permission to forward this to anyone and everyone.
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