This comes via The Daily Paul:
Part 1:
Part 2:
Comments are Welcome!
Tag: Liberty
Stock and Trading Advice: WARNING TO OPTIONS TRADERS LOOKING AT NETFLIX EARNINGS
One of the hardest things for me to remember is not to believe everything I see. I am a sucker for the latest “can’t lose” strategy supported by the experts. This morning I ran across a trade that looked too good to be true. I think it is, but I think it is instructive to walk through the potential hidden land mine. The event is the Wednesday afternoon release of NFLX earnings but there is a hidden trap for option traders using one commonly used earnings play structure.
The construction of the play is that of a “double calendar” spread. The underlying profit engine is an attempt to exploit the routinely seen spike in implied volatility (IV) of the options series most closely following earnings release. In this case, NFLX has weekly options which expire 48 hours after the scheduled announcement.
In order to understand the situation, let’s walk through the components step-by-step. First, is the routinely observed spike in IV seen as earnings release approaches present? As shown in the options pricing matrix below, the IV of the weekly options is substantially higher than the next series in time, the February monthlies:
Next, we need to get an idea of the magnitude of the price movement expected by option traders. This price range can be imputed from the break even points of the at-the-money straddle in the front most options. As shown in the graph below, this analysis gives a current expected price range of 167-203 following earnings release.
Now let us consider a double calendar spread with strikes selected to encompass this anticipated price range. To review quickly, a calendar spread consists of selling a short dated option while buying a longer dated option at the same strike price. An example of such a trade in NFLX is presented below:
That looks pretty sweet, right? We have projected break even points of 147.3 and 238.86 and a probability of profit (P.P.) of 100%. So all we have to do is put this on, wait for earnings, and barring any huge surprise, we take profit of 100% or more home.
What could possibly go wrong? Unfortunately there is a high probability of a sequence of events that will totally erase any profits and likely result in a loss. Go back and look at the option pricing matrix above and focus on the IV of the options we are buying. These options trade at a volatility of 60%. Is that high or low? You tell me from this historic graph of volatility in NFLX options:
As you can see, the current level of volatility that you are buying in the long legs of the calendar is quite elevated on a historical basis. Furthermore, the spread between statistical (historical) and implied volatilities has rarely been greater. This combination of events sets up a high probability of a “volatility crush” on the options you hold long as part of the spread. The moving parts of this crush are:
1. Cessation of the “bleeding” of juiced IV from the weeklies into the monthly series as the weekly option IV deflates massively.
2. Convergence of IV toward the value of historical volatility in order to close the huge divergence in the levels currently present.
This situation sets up a high probability for a negative impact on the trade which will almost certainly result in a loss. Do I know these events will transpire? Absolutely not, and I may be 100% wrong. Survival as an options trader is all about recognizing high probability events and structuring trades accordingly. No free cheese here; time to move along to the next trade.
If you would like to receive these reports please join my free newsletter: http://www.optionstradingsignals.com/profitable-options-solutions.php
J.W. Jones
Videos: Sunday Gun Porn!
Because there is a lack of stuff to really blog about, I figured it would be time to post some good old fashioned gun porn — and boy do I have a bunch to post!
Enjoy…
…and for the Military folk:
Tom Delay gets three years for corruption charges
Video Via CBN:
The Story:
Former House Majority Leader Tom Delay, R-Texas, was sentenced on Monday to three years in prison for conspiracy to commit money laundering.
The sentence came after Delay was convicted in November of trying to illegally influence elections in the Lone Star State.
In a 10 minute speech to Senior Judge Pat Priest, Delay insisted he did nothing wrong.
“I can’t be remorseful for something I don’t think I did,” Delay said, adding that accountants and lawyers checked everything he did.
“This criminalization of politics is very dangerous. It’s dangerous to our system. Just because somebody disagrees with you they got to put you in jail, bankrupt you, destroy your family,” he told Priest.
However, the prosecutor in the case saw the matter differently.
“I think Tom Delay said it best. He said that he was arrogant,” Assistant District Attorney Gary Cobb said.
“His statement was an extremely arrogant statement where he refused to accept responsibility, refused to show any remorse for the offense of which he’s been convicted of,” Cobb added.
I happen to see this a little differently than Tom Delay. I believe there is another motivation factor here; and that factor is race. This is nothing more, than a political and racial watch hunt by a black liberal Democrat who wants to make a name for himself by going after and bringing down a White Conservative Republican. I have information in my possession from well-placed anonymous sources, e-mails from this man saying that he was going to bring down Tom Delay and some very nasty racist words were used to describe Mr. Delay.
It is a sad day in America when out of control liberal blacks can attack, smear and persecute White Americans for crimes that they did not commit.
They never let a crisis go to waste: Far leftist loon Carolyn McCarthy readies Gun Control Bill
Not that anyone saw this coming…. 🙄
One of the fiercest gun-control advocates in Congress, Rep. Carolyn McCarthy (D-N.Y.), pounced on the shooting massacre in Tucson Sunday, promising to introduce legislation as soon as Monday targeting the high-capacity ammunition the gunman used.
McCarthy ran for Congress after her husband was gunned down and her son seriously injured in a shooting in 1993 on a Long Island commuter train.
“My staff is working on looking at the different legislation fixes that we might be able to do and we might be able to introduce as early as tomorrow,” McCarthy told POLITICO in a Sunday afternoon phone interview.
Gun control activists cried it was time to reform weapons laws in the United States, almost immediately after a gunman killed six and injured 14 more, including Rep. Gabrielle Giffords, in Arizona on Saturday.
Many said that people with a history of mental instability, like the alleged shooter, Jared Lee Loughner, should not be able to buy a gun — and no one should be able to buy stockpiles of ammunition used by the 22-year-old assailant.
McCarthy said she plans to confer with House Speaker John Boehner and Minority Leader Nancy Pelosi to see “if we can work something through” in the coming week.
McCarthy’s spokesman confirmed the legislation will target the high-capacity ammunition clips the Arizona gunman allegedly used in the shooting, but neither he or the congresswoman offered any further details.
“Again, we need to look at how this is going to work, to protect people, certainly citizens, and we have to look at what I can pass,” McCarthy said. “I don’t want to give the NRA – excuse the pun – the ammunition to come at me either.”
via Carolyn McCarthy readies gun control bill – Shira Toeplitz – POLITICO.com.
I understand her husband getting killed and he kids hurt in a shooting. But is it really necessary to impose her idiotic will on the American people?
Of course, unless something major changes; this bill will never, ever make it to the President’s desk. The Democrats tried this whole thing back during the Clinton era and ended up paying for it dearly during the elections. They fought this battle —- and ultimately lost. So, I expect that this bill will be treated as such.
What will be interesting to note is whether the Conservative in Congress will stick to their principles ….or will they go the Neo-Conservative route and sell out their principles to the liberals, who want to strip our freedoms in the name of safety? Remember the only difference between a big Government liberal and a Big Government Conservative Neo-Con is the type and names of their special interest groups; there are others, but I do not want this article to be too long. 😉
What really needs to happen, is some freedom loving American needs to challenge Rep. Carolyn McCarthy at the ballot box, come election time. Because we just cannot allow these far-leftist loons to use a sad situation like this, to rob peace loving, and law abiding citizens of the United States of American of the freedoms that they hold dear.
It is a often used phrase among second amendment advocates, that “Gun Control is less about guns and more about Control.” This attempt by this far leftist loon proves that beyond a shadow of a doubt.
America is watching congress, act wisely; we voted you in — we can and will, vote you out.
Remember this come 2012.
For the record, I do not support this sort of nonsense
Normally, I would not touch a story like this; but this one sticks out a bit:
WASHINGTON (AP) — First, fiery packages sent to top officials in Maryland were opened, revealing an angry message complaining of the state’s terrorism tip line. Then, a mailing addressed to the nation’s homeland security chief ignited with a similar flash of fire and smoke at a D.C. postal processing facility.
While authorities have not said if the latest parcel contained a note, they did say the three packages were alike. The targeting of Homeland Security Secretary Janet Napolitano also seemed to echo anger expressed by the mailer of the first two.
Napolitano launched a nationwide “see something, say something” campaign in July, and her recorded voice can be heard in Washington-area subway stations, reminding commuters to report suspicious behavior. The program expanded last month to include more than 230 Walmarts across the country.
The Maryland packages had an explicit message, railing against highway signs urging motorists to report suspicious activity by calling a toll-free number. The message read: “Report suspicious activity! Total Bull—-! You have created a self fulfilling prophecy.”
Authorities fear there could be more packages.
via Fiery package addressed to Homeland Security chief | The Daily Caller
This is one of those blog entries that I do not like having to write —- but because I am Christian and because I happen to believe that anarchy is wrong — I feel the need to write about it.
Contrary to what most radicals might want you to believe, sending package bombs to Governmental offices and targeting Governmental officials is NOT Patriotic! Nor is it cool or even remotely acceptable. In this great Country of ours, we have a perfect system of protest against existing Governments. It is called the Ballot box. We also have the first amendment, which allows us to peacefully assemble and protest against the actions of our Government. You saw that during the Tea Party protests this summer, and because of those protests and because of the media coverage of them, there was a landslide victory by the Republicans in the House and parts of the Senate as well.
Those who stoop to violence towards our Government have given up hope on the political system and on the process of elections. Violence solves nothing at all; it just causes the other side of the political fence to blame those of us, who are peace-loving Americans, who do not agree with the big Government polices of the liberals in Congress and in the White House — for this sort of ungodly nonsense. When in all honesty, it is not our fault.
I want it to be publicly known that this “right of center” political blog and it’s owner condemn this sort of terrorist actions in the highest terms possible and it is my personal hope and prayer that they catch the person or persons responsible for this and that they prosecute this godless vermin to the fullest extent of the law. Further more, I believe that if Fox News, and every other Conservative outlet out there has ANY sort of integrity at all; these organizations would come out and say the same exact thing.
Unfortunately, among the more Paleo-libertarian crowd, this sort of extremist action is seen as heroic and even justified — which is, of course, asinine. Acts of violence, in a civilized society, such as ours, to make a political point, is right on par with what Al-Qaeda and other such Jihad groups wish to do here in America. In other words, this is nothing more than straight up terrorism and should be treated as such.
Again, in closing, having a political stance and opinion is fine — even acceptable. However, when one decides to hurt other people to express that opinion — you stop being a patriot or even an American and you become a terrorist and a criminal. There is a difference and I believe that more Bloggers on the right ought to be saying this.
Update: Dan says I am renouncing myself. Which is idiotic at best. I simply am saying that those, like Lew Rockwell, that find this sort of a thing to be chick are not patriots. But, TERRORISTS…. Period, FULL STOP.
Year End Stats of 2010 at PoliticalByline.com
It is that time again. Time to take a look at what were the top postings of 2010.
It is important to remember that this was a down year for this blog. I just have not had the drive to post like I was back in 2009 and 2008. The mid-terms were a bit interesting, as was the passage of the health care bill. However, I just did not have that drive that I did back when I first started this blog. I think it just has to do with the fact that my main reason for beginning to blog, that would be the Presidency of George W. Bush. Not to mention the Bush Administration’s handling of the invasion and occupation of Iraq. Now that the Bush era is over, I really do not have a good reason to continue this; Yes, Obama’s White House is just as bad, if not worse. However, I just cannot muster the outrage towards the man, that many on my far right feel towards the man. Most of it, when one is really being honest is racially based. I mean, I do not remember the right being this hot and heavy against Bill Clinton. It was there, do not get me wrong — but I do not remember that this level.
Anyhow, I will still be around, I do not plan on going anywhere. I will not allow my political foes to win. I will stick around and continue to give you my feelings on things.
Having said all of that, here are the top postings and pages for 2010:
PAGE OR POST ——————————— Hits:
Home page 19,038
Considering the fact that I do no advertising on this blog at all. That is not a bad number. I really do not get linked here at all. I even had one so-called Conservative Blogger dump on me big time and basically toss me under the bus, because some of Michelle Malkin’s fanboys put the pressure on him. He knows who he is, and “You reap what you sow” I always say…
The rest…:
The top referrals of 2010:
There are many who link here and there are places that I submit my postings to, I thank everyone who has came, read and clicked an ad or two, it does help. 🙂
So there you have it, my referrers. Not all of them are friendly. But hey, that is politics, not everyone is going to agree with me. Even I know that. 🙂
Again, to those who still read here. Thank You so very much for your readership. Perhaps 2011 will be a more prosperous year for me. I will admit, this year, money-wise was not that great. I am still unemployed and prospects are not that great. I did survive, but, if it were not for my Christian parents, I would be so very screwed. 🙁 I do not say that for pity or anything — I say it, because it is true. This is my reality folks and I know some would rather mock than help —- They have their reward, as Jesus did say.
There is a common misconception that ALL Conservatives are filthy rich or something to that effect. If only it were true. I am most likely the poorest Conservative Christian Blogger on the planet. Not by choice, but by circumstance — sometimes stuff just happens. I do not wallow in pity though, as I could much, much worse off. I have a roof over my head and three square meals a day. I also have a warm bed to sleep in at night. I also know Jesus Christ as my personal Saviour and I like to think that he is Lord over my life —- and that my friends, is ALL that matters! Everything else, is secondary. As long as you have Jesus in your heart, you are set for life. God never fails, and his word is settled in Heaven!
Some people ask why I even bother to continue this blog, even though 90% of the Conservative Blogging world has written me off. I will tell you why. Because as long as there are progressives out there that want to destroy our Conservative Christian values and want to impose on us a big centralized Government; liberty is threatened. As long as this is the case. I will be fighting this fight. Is it my “calling?” Eh, I do not know that to be a fact. But I do know that my blog does get read and that my opinion is being heard. Now, whether people like what I write and have to say, is another story. I do not claim to be the perfect “Conservative” and I am certainly not your average big Government liberal! I am just someone who saw wrong and decided to write against it. My politics have evolved much — but my commitment has remained the same — that is to be a uncompromising voice of reason in a world of political, religious and moral confusion. Which is what liberalism, whether political or religious, actually is. It is a Babylonian mentality. As Patriotic Americans, as Christians, we must stand up for what we know to be right. For that document called the Constitution. This is not a call to radicalism or violence, it is simply a call to be aware and watch.
Having said all that… Thank you and continue to read here in 2011. It will be a interesting year to watch!
-Charles Patrick Adkins
Owner
PoliticalByline.com
Investing Advice: Trading the Holiday Grind
It’s that time again when volume dries up and prices rise into the new year. A lot of individuals are scrambling to prepare for the holidays, even though we had a year to prepare. The big money has already done most of their year end shuffling and will be taking it easy until January.
The market is overbought and sentiment readings are at extreme levels which in the past have been the start of large sell offs and even bear markets. While I am keeping a close eye for a top, there is not much we can do but stay long stocks and commodities until the market tips its hand and distribution selling is in control. The U.S. federal government is the only wild card going into year end that should be on traders’ radars. They have been doing a great job boosting prices in the equities and commodities market, but can they continue to hold things up when the big money and the proverbial herd start unloading positions in 2011? — Please, Click here to read the rest.
Personal Advice from ME: If you are small time stock investor, GET OUT NOW!
…and here is why….
This comes via Gateway Pundit, who is one hell of a great blogger:
The story via the U.K. Telegraph:
US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks.
Such a sharp rise in US benchmark market interest rates matters a lot – and it matters way beyond America. The US government is now servicing $13.8 trillion (£8.7 trilion) in declared liabilities – making it, by a long way, the world’s largest debtor. Around $414bn of US taxpayers’ money went on sovereign interest payments last year – around 4.5 times the budget of America’s Department of Education.
Debt service costs have reached such astronomical levels even though, over the past year and more, yields have been kept historically and artificially low by “quantitative easing (QE)” – in other words, Federal Reserve Chairman Ben Bernanke’s virtual printing press. Now borrowing costs are 28pc higher than a month ago, with the 10-year Treasury yield reaching 3.33pc last week, an already eye-watering debt service burden can only go up.
Few on this side of the Atlantic should feel smug. The eurozone’s ongoing sovereign debt debacle has pushed up Germany’s borrowing costs by 27pc over the last month – to 3.03pc. The market has judged that if Europe’s Teutonic powerhouse wants the single currency to survive, it will ultimately need to raise wads of cash to absorb the mess caused by other member states’ fiscal incontinence…
…Some say that growing signs of a US economic recovery are positive for stocks, which means money is being diverted out of Treasuries, so lowering their price, which pushes up yields. That’s wishful thinking. Sovereign borrowing costs have just surged in the US – and therefore elsewhere – because a politically-wounded President Obama caved-in and extended the Bush-era tax cuts, combining them with a $120bn payroll tax holiday…
…The market is increasingly alarmed at the rate of increase of the US government’s already massive liabilities. America’s government debt is set to expand by a jaw-dropping 42pc over the next few years, reaching $19.6 trillion by 2015 according to Treasury Department estimates presented (amid very little fanfare) to Congress back in June. Since then, government spending has risen even more. So US debt service costs, like those of many other Western nations, are expanding rapidly in terms of both the volumes of sovereign instruments outstanding, and the yields on each bond.
You know what that means? It means that if you are a small time investor; that you need to get out of the Market NOW! This could have a huge impact on the market, and you could lose very big. I do virtual trading and so far, I have done well on my trades. But I am not about to lose my shirt, so, I ordered a sell off of everything. Now the big time guys will be able to afford to ride this out, because they have the wealth to spare. But the small time people will get burned. The best thing I can tell you small times investors, is to dump your shares and put it all into Gold. That would either be into EFT‘s or real actual Gold.
Disclaimer: I do not claim to be a expert on the subject of stocks, trading or even Gold. However, it does stand to reason that when such news as this is report, that it will affect the U.S. markets and the United States financial system. I do however, promote a great investment advice service called Elliotwave. You might want to check it out.
Video: Representative Ron Paul on Fox Business
The main subject: The Federal Reserve and it’s printing of money.
It is a great video to watch: (Via the Daily Paul)
Guest Voice: Jack Hunter on The Conservative Case for WikiLeaks
(Via The American Conservative)
Transcript:
Lovers necessarily keep or share secrets. Being in a healthy relationship means achieving a certain level of intimacy, where shared knowledge of each others’ weaknesses and insecurities is protected by a bond of mutual trust. Sometimes lovers might do devilish things that outsiders wouldn’t understand, or shouldn’t be privy to, and this is fine. But by and large, what they do is simply no one else’s business.
But imagine that the man in the relationship kept it a secret that he had other women on the side, kids, a criminal record, venereal disease, and basically betrayed his lover in every way imaginable, unbeknownst to her?
Now imagine a third party felt it was their moral duty to reveal it?
No one questions that governments must maintain a certain level of secrecy, including WikiLeaks founder Julian Assange, who told Time that “Secrecy is important for many things … [but it] shouldn’t be used to cover up abuses.” The entire premise of Assange’s whistleblower organization is this: To what degree is government secrecy justified? And when particular secrets could be damaging to the other partner in the United States government’s relationship — the American people — should these secrets be revealed in the name of protecting the public?
How often does our government use “national security” simply as an excuse to cover up questionable dealings? Reports Time: “in the past few years, governments have designated so much information secret that you wonder whether they intend the time of day to be classified. The number of new secrets designated as such by the U.S. government has risen 75% … . At the same time, the number of documents and other communications created using those secrets has skyrocketed nearly 10 times…”
To say that government must keep secrets is not to say that all government secrets must be kept.
As admitted even by Pentagon officials and Defense Secretary Robert Gates, none of WikiLeaks’ revelations do anything to compromise national security or endanger American lives — but they have wreaked havoc on political life in Washington, D.C. Americans are not supposed to know, for example, that their government bullied and threatened individuals and other governments that might have undermined the Copenhagen climate change summit in 2009. The federal government attempting to squelch anyone who might undermine global-warming dogma? Do WikiLeaks’ conservative critics believe revealing this is a “national security” risk?
Americans are not supposed to know, apparently, that behind the scenes Saudi Arabia has been encouraging the U.S. to take military action against Iran. But if we end up going to war with Iran shouldn’t it be in America’s national interest, and not simply as a subcontractor for another country? Asks Fox News’ Judith Miller: “Why should Americans not know that Arab states, often at the top level, have been urging Washington to take military or other drastic action against Iran, while they publicly oppose such action?”
And when did conservatives become so protective of Hillary Clinton? What happened to the days of the “Stop Hillary Express,” when right-wing talk radio portrayed the former first lady as Satan and theorized about all the devious ways in which, if in power, she might conspire to bring down the country? When WikiLeaks revealed that Secretary of State Clinton tried to obtain DNA, fingerprints, credit-card numbers, and other private information belonging to United Nations officials, we learned that Clinton’s style was every bit as mafia-esque as her conservative critics once warned. Yet conservatives now attack WikiLeaks for revealing what they once feared. It should also be remembered that the same conservatives now calling for Assange’s head either ignored or were sympathetic to Lewis “Scooter” Libby’s outing of CIA operative Valerie Plame allegedly at the Bush administration’s behest — a revelation arguably far riskier to our national security than anything ever released by WikiLeaks.
But the worst hypocrisy throughout this controversy has been in conservatives reflexively defending the government and attacking WikiLeaks. Since when have conservatives believed that Washington should be able to shroud any action it likes in secrecy and that revealing government’s nefarious deeds is tantamount to treason? Isn’t it government officials who might secretly work for corporate, ideological or transnational interests — and against the national interest — who are betraying their country?
Interestingly, Wikileaks’ founder espouses the traditionally conservative, Jeffersonian view that America’s constitutional structure limits and lessens government corruption. Reported Time: “Assange appears to believe that the U.S. has not become ‘a much-worse-behaved superpower’ because its federalism, ‘this strength of the states,’ has been a drag on the combination of the burgeoning power of the central government and a presidency that can expand its influence only by way of foreign affairs.”
Decentralizing government power, limiting it, and challenging it was the Founders’ intent and these have always been core conservative principles. Conservatives should prefer an explosion of whistleblower groups like WikiLeaks to a federal government powerful enough to take them down. Government officials who now attack WikLleaks don’t fear national endangerment, they fear personal embarrassment. And while scores of conservatives have long promised to undermine or challenge the current monstrosity in Washington, D.C., it is now an organization not recognizably conservative that best undermines the political establishment and challenges its very foundations.
—-
The “Southern Avenger” Jack Hunter is a conservative commentator on WTMA 1250 AM talk radio and columnist for the Charleston City Paper in South Carolina.
Remembering Pearl Harbor – 39 Years Ago Today – December 7, 1941
If you would like to check out my remembrances from 2009 and 2010, please click here and here.
Cassy Fiano, who’s husband is in active duty service; remembers and points out some disturbing things happening at the Pearl Harbor Memorial:
Today marks the 69 year anniversary of the attack on Pearl Harbor. The surprise attack shocked the nation and catapulted the United States into World War II. It was, at the time, the worst attack on American soil. 1,178 were wounded. 2,043 were killed. The water itself burned and bodies of the injured and the dead piled up.
As more are more Pearl Harbor survivors and World War II veterans leave this Earth, it becomes more and more of a distant historical event that we no longer honor and no longer remember. Each year, Pearl Harbor gets a little closer to becoming one of those events that we will only know of thanks to a few pages in a history book. The vast majority of survivors are gone now, and when there are none left, who will keep their memory alive? Who will honor the sacrifices of the fallen? Where survivors once fought the Japanese, they’re now fighting time — fighting to keep the memory of their fallen brothers alive, fighting to ensure that we continue to remember and honor Pearl Harbor always.
This summer, my husband and I chose to go to Hawaii for his pre-deployment leave. One of our first stops was at Pearl Harbor and the USS Arizona Memorial. We had the honor and privilege of meeting several survivors before riding out to the watery tomb of the 1177 American heroes killed that day. 33 survivors of the bombing of the Arizona chose to be interred with their shipmates.
[…]
Seeing the names of these heroes was an emotional moment. Far more saddening was the behavior of the people at the memorial. The park ranger on the boat on the way to the remains of the Arizona laughed and joked about partying that weekend. When learning there were service members aboard — my husband, a sailor, and an airman — she said nothing and continued laughing about her weekend party plans. Once we arrived at the memorial, I was appalled at the lack of respect shown. People ran around the memorial, laughing and joking. I couldn’t understand how anyone could treat the tombs of American heroes so callously. It was a warning sign, in my eyes, that too many have stopped seeing the attack on Pearl Harbor as the horrific day that it was, a day that deserves solemn remembrance and honor.
We can still make a choice, though. We can choose to remember the sacrifices of the men who fought valiantly and died with honor in service to their country.
We can remember men like Frank Flaherty. When it became known that the USS Oklahoma was going to capsize and the order was given to abandon ship, Flaherty chose instead to remain at his post with a flashlight, illuminating the way so that the rest of the turret crew could escape. Flaherty perished with the ship and was posthumously awarded the Medal of Honor.
We can remember men like Doris Miller, Navy Cross recipient. On the bridge of the USS West Virginia, Miller refused to leave his mortally wounded captain, despite enemy bombing and strafing and heavy fire. At great risk to himself, he moved his captain to a safer place and then returned to the bridge where he continued to man and operate a machine gun until ordered to leave the bridge.
We can remember men like William Turner, awarded the Bronze Star. Stationed at the Ewa Marine Corps Air Station, he jumped into the rear cockpit of an airplane with a fellow Marine, Master Sergeant Peters. Both men used the rear machine guns to fire at attacking Japanese planes, and despite being wounded, managed to shoot down one of the enemy planes. Private Turner ultimately died of the wounds he received that day on December 12th.
We can choose to let their memory fade away. Or we can choose to honor their valour, their bravery, their sacrifice.
Remember Pearl Harbor. Remember the men who fought and died 69 years ago today.
Amen and Amen. 😥
The Feckless Far Right: Exhibit SWOG: Stupid White Old Guys
An alternative headline would be “What I hate about White Christian Conservatives.” I saw this, and first thing I thought was, “does this old man ever get out of his house and into the real world?”
Now, at first, I wanted to just say this guy was being a straight up racist. However, I do not know that to be a fact. I think it is more of that stuffy old white Conservative Christian stupidity that the Republican right is known for.
Anyhow, here is Dennis Prager being as old, white, and Christian as he can be:
The nominees to receive the most prestigious awards in the music industry, the Grammy Awards, were just announced. Among the five nominees for Record of the Year is a song titled “F— You,” with the F-word, of course, spelled out and pronounced.
Here are the song’s opening lyrics:
“I see you driving ’round town
With the girl I love and I’m like,
F— you!
Oo, oo, ooo
I guess the change in my pocket
Wasn’t enough, I’m like,
F— you!
And f— her, too!”
The next lyrics add the S-word:
“I said, if I was richer, I’d still be with ya
Ha, now ain’t that some s–t? (ain’t that some s–t?)
And although there’s pain in my chest
I still wish you the best with a
F— you!
Oo, oo, ooo.”
And shortly thereafter, the N-word:
“I pity the fool that falls in love with you
(oh, s–t, she’s a gold digger)
Well
(just thought you should know, n—-)
Ooooooh.”
Dennis Prager is, of course, referring to this video here:
This video and song, of course, is about a young man, who has a crush on a young girl; who, of course, could care less about him. As someone who knows a little about that whole thing. I believe Dennis Prager needs to relax a little and maybe lighten up.
But wait! It gets better!
Quote:
It is also worth noting that the video of this song includes children who appear to be under 12 years of age and all the performers are black — a point I will address later.
I have long believed that MTV has done more damage to America’s young people than any other single institution. I am referring to the music videos, in which most images or scenes are shown for less than two seconds and thereby numb kids’ minds, and to the sexual imagery and sex talk that permeate the music videos and much of the rest of MTV programming.
But while MTV should be singled out for the damage it has done to America, the music industry in general has been equally guilty.
How does a song replete with expletives, whose very title is “F— You,” get nominated for a Grammy Award as Record of the Year?
The answer is that the music industry, from producers to artists, is largely populated by people who regard social and cultural norms as stifling. Their professional lives are dedicated to lowering that which is elevated, destroying that which uplifts, and to profaning that which is held sacred.
There is no better explanation for “F— You” being nominated as Record of the Year. It has little, if any, redeeming moral, social or artistic (to the extent that this word retains its original meaning) value. The lyrics are as vapid as they are obscene; the video further degrades that part of black life that is already too lacking in elevation; and there is the participation of children in a profanity-filled video.
For most of American history, a child who used such words was punished by his parents, and society instinctively knew how important it was not to expose children to obscenities. Today, adults in the music industry reward children for participating in videos laced with obscenities.
Nor is the nomination of “F— You” as Song of the Year an aberration. Two of the other four nominees are rap “songs” whose lyrics are also vile.
12 year old children!
Black kids saying “F— You!”
What’s next?
Your little 12 year old white daughter being gang raped by a group of wild black man? Horrors! 😯
Please. 🙄
I think Dennis Prager needs to relax and loosen up a little and realize that not everyone in American, including most black people are not out to get every Conservative White girl in America knocked up. Prager might also want to put away the Klan uniform, that decade ended long ago.
You say, “Hey! I thought you were a Conservative!?!?!”
Well, I am; albeit more of a fiscal Conservative, a libertarian-minded person. I find the good majority of social Conservatism to be downright hypocritical. Bristol Palin being a perfect example, not to mention her screwball Mother. (UGH!)
In closing, I believe if Dennis Prager spent more time fighting to define what the Republican Party is supposed to stand for; like trying to move it away from the George W. Bush warmonger Neo-Conservatism that it has been ensconced in since 2000 and back to the traditional Conservative, which is represented by sites like this one here. Then Prager might be doing something. Until then, he his just blowing Hot Air around and acting a bit like a Religious Holier than thou as well. Which, in all honesty, is doing nothing for the Republican Party. Well, except for making them look like total idiots to Independent thinkers, like myself and the rest of the Country.
Yes Please: Ron Paul says Wikileak the Fed!
Update: Thank you to voters at Reddit! You all are amazing… 😀
Here’s my stats screen as of a few hours ago:
Thanks so much you all. I will try to continue to post stuff like this, that everyone over at Reddit can enjoy. 🙂
Jeff Kuhner takes it to another level: Kill Julian Assange
I figured someone in the Conservative media would say this sooner or later. I thought about it, but I really do not like the idea myself.
Jeff Kuhner at the Washington Times writes:
Julian Assange poses a clear and present danger to American national security. The WikiLeaks founder is more than a reckless provocateur. He is aiding and abetting terrorists in their war against America. The administration must take care of the problem – effectively and permanently.
The recent WikiLeaks document dump is the latest example of Mr. Assange’s dangerous behavior. His release of more than 250,000 U.S. diplomatic cables, many of them containing classified information, is a major blow to our foreign policy. The essence of diplomacy – especially that of a great power – is the ability to conduct negotiations and hold talks in secret. Foreign leaders will not be willing to engage in sensitive discussions with American emissaries if their words are going to be splashed across the front pages of the world’s newspapers. Officials in autocratic and Islamist states often risk their lives to cooperate with Washington, usually by providing vital information or advice. They now face a further disincentive to help us: The U.S. government can no longer guarantee the privacy and secrecy of their discussions.
American diplomacy has been crippled. So has our ability to conduct the war on terrorism. For example, the cables cache reveals that the United States is working closely with Yemen’s dictator, Ali Abdullah Saleh, in launching drone strikes against local al Qaeda bases. Al Qaeda has spread to Yemen. Its insurgency is growing. Yemen risks becoming what Afghanistan was before Sept. 11, 2001: a vast sanctuary for jihadists. Mr. Saleh insists that Yemeni public opinion – insular, xenophobic and increasingly Islamic – will not support the U.S. military presence on domestic soil. Hence, he says the pretense must be maintained that Yemen is firing the missiles, not America. This pretense has been shattered – and with it, perhaps, a key ally in the struggle against al Qaeda. Mr. Assange is helping chase the American infidel out of Yemen’s desolate deserts.
[………]
The United States is paying a severe price for Mr. Obama’s negligence. This is the greatest diplomatic crisis since the late 1940s, when communist agents in the U.S. government provided atomic secrets to the Soviet Union. The world is witnessing the absurd, almost surreal spectacle of the American superpower standing helpless in the face of a lone hacker. Her diplomatic secrets are no longer safe; her allies and friends are being betrayed; and her cyber-enemies are free to roam with impunity. America is no longer feared or respected.
Attorney General Eric H. Holder Jr. vows that he is looking into possible criminal charges against Mr. Assange. It is too late for tough talk. At this point, we are beyond indictments and courts. The damage has been done; people have died – and will die because of the actions of this puerile, self-absorbed narcissist. News reports say the WikiLeaks founder is hiding out in England. If that’s true, we should treat Mr. Assange the same way as other high-value terrorist targets: Kill him
Okay, here is the question that I feel the need to ask. Are we going to kill someone every time some whistle blower decides to speak out and expose some corruption in Government? Because if that is where we are headed, that is a slippery slope we can never recover from. Like anyone else, I am for open Government, I am also for seeing elected officials held accountable. However, if the United States Government and more importantly the United States Military is being put at risk, then by all means, arrest this guy and put him away.
I have no idea what Julian Assange‘s motivation is; whether it is conspiracy theory, politics or if he is just a pompous ass. But the idea of KILLING someone, just because decide to release some confidential information is not something, as a Conservative; who believes in rule of law and not Governmental treachery, that I can support. Because once you unleash that monster onto the American and World Wide Community, it cannot be stopped.
I would think that Jeff Kuhner would be a bit smarter than that. However, when you are working for a paper that basically was a cheerleader for the Bush Administration during the lead up to and during the Iraqi Invasion, one can expect only so much.
Others: Reporters Sans Frontières, Hullabaloo, Harry’s Place, Guardian, New York Times, News: News blog and The New Republic
Stock, Gold and Oil Trading Advice: Gold/Silver – Controlling Your Trades, Money & Emotions
Last week we had typical pre-holiday light volume trading going into US Thanksgiving. The previous week I warned every one to trade with extreme caution because of the light volume and the fact that the market is on the verge of a sizable drop for both stocks and commodities. Any price action could not be taken seriously because of the light volume. We will not know until later this coming week what the big money wants to do… Buy or Sell, also what the manipulators will do… Seems like there are a lot of wild cards out there with Europe issues and both unemployment and payroll numbers out on Friday morning.
Below are a few charts showing my intermediate term outlook for gold and silver.
Gold & Silver Futures – Daily Chart
You can see both metal are showing a possible reversal head and shoulders pattern. While they have yet to confirm and close below the neck line we must be aware of this pattern and the risk/potential it provides us with. Both metals are still in an uptrend but showing signs of weakness.
US Dollar Index – Weekly Chart
This chart is not really that helpful for trading stocks, commodities or options right now but I wanted to post it because it allows me to show you how I analyze the market and my trades.
As you can see, the past 3 weeks have been in a strong uptrend reaching the first resistance level. The point of this chart is to show you that if you step out to the next longer time frame you can get a solid feeling of where an investment will find major support and resistance levels. Any investment not matter if it’s a stock, commodity or currency, if the price is trading in the middle of a large range like this chart you should not be taking large positions because it almost becomes a 50/50 bet on the market which is not a good winning strategy unless you are very experienced at managing your trades and money.
If you are going to trade then you want to focus on the underlying trend and you do that by looking at the next larger time frame. For example: if you focus on trading the daily chart, then you must step back each week and review the weekly chart to be sure you are trading with the underlying trend which is up for the dollar right now.
Weekend Trading Ideas:
Tuesday morning we saw the SP500 gap lower and continue to sell off. Traders started panicking out of their long positions and we could see it using the intraday market internals charts, which I cover each morning in the pre-market trading videos. Me being a contrarian (buying into market fear, selling into market strength) I used that high level of fear in the market along with the expected light volume holiday week ahead as an excuse to book profits near the lows on SP500 using the SDS bear fund allowing us to profit from the falling market. I feel we are going to have some crazy moves on the markets going into year end and it should be a lot of fun if done correctly.
Trading in general is a very difficult task especially if you are doing it for a living and planning on using your monthly income to pay bills, salaries etc… We all know the stress which comes with trading and if do not have a solid trading strategy, rules and cannot properly manage yourself (emotions) then you are most likely running into problems like over-trading, getting shaken out of trades easily, and taking bigger risks than your account can handle. Each of these cause more traders to blow up their accounts and big up on trading.
I am giving away my book on how you can control your trades, money and emotions. This short and to the point guide is full of my trading techniques, tips and thoughts which will help you get a handle of your emotions turning the market noise into music.
—
For great stock, gold and oil trading tips; Please, click here to sign up for this great service for the day trader!
Hmmmmmm: Video: A Constitutional Case against term limits?
I found this to be quite interesting… I did not watch it all. Tell what you think, please.
Via Liberty News Network:
Not sure if I agree or not. On one hand, I see his point and on one hand, I don’t.
Video: Max Keiser’s Call: Crash JP Morgan Buy Silver
This comes via GoldSilver.com:
Quote:
Mike Maloney was recently in Europe working on his next top-secret project. While passing through France, Mike got the chance to visit with the one and only Max Keiser.
Intelligent, witty, and never bashful, Max Keiser is pure financial entertainment. With over 25 years of experience with markets and finance, Max often draws from first hand experiences when providing his listeners explicit insights on how the financial markets truly operate.
He has been described as a film producer, a journalist, and as JP Morgan and friends are now finding out, an activist investor with powerful ideas on how the masses can help themselves in taking their financial power back.
The Video:
The time in invest in gold and silver is now! Click here to find out how!
Happy Thanksgiving 2010!
Greetings to all the readers of Political Byline. However many there are of you left. 😉
I just wanted to wish everyone that happens to read this blog a very Happy Thanksgiving. 😀
It has, for many, including me, a very rough year. 🙁
The best advice I can give you, is to be grateful for what you do have. 🙂
Believe me, when I tell you this, we all could be much worse off. We still are a free Republic. We are in a dark time, but I still in believe in this Country of ours. We have weathered many a dark storm and we have come through; a little broken and bruised — but we have always managed to find our way back to the right path. I do believe that is what will happen this time as well.
Because while money and fortune are nice; there is nothing like family. I think it would be entirely appropriate to remember that there are some out there, that have no family, and will be spending the holiday alone. Keep those people in your prayers.
I also would to mention that we should all keep in our prayers, the many, many, many men and women serving in our Armed Forces around the World, who will not be home for Thanksgiving this year. They deserve our best, and all of our prayers. May they come home soon and may God protect them during their tour of duty.
Last year, I gave a list of things that I am thankful for. I still feel that way. 🙂 Even more so this year. The Lord has blessed more than I can ever repay. Those are not just hollow words — those are the truth feelings of a man, who has been blessed beyond measure.
I leave you all with the words of President Ronald Reagan:
May you all be truly, truly blessed this Thanksgiving Holiday. 😀
In closing, I leave you with the TRUE message of Thanksgiving. Please, click here to read it.
Stock Advice: S&P 500, Treasuries, Gold, & Dollar are At Key Price Levels
A new article by a new author:
Thursday was another example of Mr. Market playing games with traders and investors as equities and precious metals took part in a strong rally. Some market prognosticators noted short-term oversold conditions across the board while others discussed the potential for a strong reversal that could potentially take out recent highs. In addition to the regular banter, to the average retail investor the market sure looks rigged when the government decides to sell a large stake in a massive IPO offering and a shaky tape suddenly becomes stronger than garlic.
There is a lot going on in the news as of late, and the expiration of the Bush tax cuts looms large on the minds of many, particularly small business owners. So the real question becomes, what should traders be watching or paying attention to before the light volume Thanksgiving week? The answer is simple, watch the tape! The market will provide plenty of clues and it will eventually tip its hand, experienced traders will wait for this process to unfold.
At this point in time, it is a bit early to begin making predictions as to which direction the equities market will go. What we do know is that the market was oversold in the short-term, so this could be a pause before prices turn lower. In contrast, this could be the beginning of another bullish move breaking recent highs on its way to a “Santa Claus” rally. My stance is neutral at this point in time; S&P 1200 should offer significant overhead resistance while S&P 1170 / 50 period moving average is near term support. The chart listed below illustrates these key levels:
S&P 500
If price were to break out above S&P 1200 on strong volume, it is likely that we will see a retest of the recent highs around the 1220 area. Consequently, if price tests the S&P 1170 area and fails price will likely be magnetized to the 1140-1150 area. We will have our answers in due time, but until a definite direction is known, patience is warranted.
Treasuries
As discussed in my previous article, the ProShares Ultra Short 20+ year treasury ETF (TBT) bounced off of the 36 level and put on a short lived rally only to settle toward the bottom 1/3 of its recent price range. After the recent breakout, it would be constructive to see TBT consolidate before confirming a direction. The chart below shows the key levels on TBT:
U.S. Dollar
Instead of illustrating a gold chart, let us focus our attention on the U.S. Dollar Index. The chart below shows the dollar has pulled back and is now testing the 50 period moving average. I am anticipating a retest of the recent breakout over double tops and this key level is illustrated below. If support holds firm, higher prices for the U.S. Dollar in the near term will be likely.
The Contrarian Trade
Thursday’s price action in the S&P 500 offers a great example of the power of options, which are traditionally overlooked by most equity traders or investors. While I did not personally enter this trade, I did enter a short position with tight stops around the S&P 1197 level using futures contracts for a short term trade. I was looking for a short term decline which we subsequently received in the aftermarket and my limit orders were triggered.
The option trade that I discussed with one of my trading buddies and mentor, involved getting short Apple (AAPL) when its price was around $309.50/share. While I did not place this trade as I felt I had plenty of short side exposure via my e-mini futures position, the trade would have worked quite well. So the trade listed below is not a recommendation, but an illustration of how options can be a contrarian traders’ best friend.
AAPL has been trading in the $300 – $320 per share range for several weeks having broken out above $320 only to be smacked down into the range. During the recent selloff, AAPL crossed down through the $300 level only to encounter strong buying that pushed it above the key $300 area by the close of trade that day. Thursday’s rally had AAPL trading above $309.50/share and the 20 period moving average was right around the 310 level as can be seen from the chart below.
The 20 period moving average provides an adept option trader with a key level which he/she can define the risk of a short position using options. Through the utilization of a contingent stop based on AAPL’s stock price, a trader using this setup could place a stop around the $311.25 area to define their ultimate risk. As of Thursday, the AAPL weekly options that expire November 26 began trading.
The trade listed below is a put debit spread:
Buy 1 AAPL Nov. 26 310 Weekly Put – $5.00 / contract based on Thursday’s close
Sell 1 AAPL Nov. 26 300 Weekly Put – $1.47 / contract based on Thursday’s close
AAPL stock closed around $308.43 / Share
The profitability chart reflecting this trade is below:
The maximum risk this trade has per leg was around $350, however through the use of the contingent stop around $311.25, the risk per leg is around $150. The maximum gain would be $650 per leg if at expiration in one week AAPL was trading below $300/share. In the first hour of trading, AAPL sold off below $306 per share. If an option trader had more than one contract on, he/she could take partial profits and place a stop at the entry price insuring a winning trade and allowing room for the trade to run.
Obviously the trader may want to adjust his/her stop based on market conditions, but this is simply an example of what can be accomplished with options. Once the trader understands how to determine the risk that an option trade assumes, he/she can build trade constructions to fit nearly any trading style or strategy. For a contrarian trader, options offer an unbelievable opportunity to mitigate risk and maximize profits. Learning how to trade options does take time and effort, but the potential returns options offer when they are used appropriately are unparalleled.
Get more great articles like this, by going here.
Disclosure: Clicking on this link and signing up for the service results in a small compensation to yours truly at not additional cost to the consumer
MarketWatch engages in Federal Reserve propaganda
This is pretty sad considering who owns the website:
Then there is this:
Gold has become highly prized bling, as anxious and astute buyers alike, from hedge-fund players to central bankers, flock to the “currency of fear.” Gold at around $1,400 an ounce is almost double what it commanded two years ago, and gold’s price is up almost 25% so far this year alone.
It’s been a great ride. Except gold is a bad investment.
Gold’s feverish run has made a lot of people a lot of money, and though the rally has taken a breather in the last few days, there’s no shortage of flag-waving supporters who claim gold is on a march to $1,600, $1,800, $2,000 and beyond. After all, gold is still well below its 1980 peak, when it was worth around $2,300 an ounce in today’s dollars.
….and this:
“Mercury poisoning,” is the answer from Barry Ritholtz, the very outspoken CEO and director of equity research at Fusion IQ, when asked where Zoellick’s idea might have come from.
Zoellick, also a former Treasury official in the Reagan administration and managing director at Goldman Sachs, made his suggestion in an op-ed in the Financial Times last Sunday, just days ahead of the Group of 20 major countries meeting in Seoul.
The suggestion was made to world leaders in order to address “global imbalances,” the diplomatic expression being used to refer to the impact of China’s vastly undervalued renminbi on other countries’ competitiveness.
All of the above is pure garbage. Gold is a hedge against inflation and the dollar. Do not listen to the Statists who want to seize all of the gold and give you a worthless dollar.
By the way, here is some SOUND investment advice pertaining to Gold:
There have been some major trend changes recently and it looks as though more investments are about to follow. The real question though is… Are You Ready To Take Advantage Of It?
It has been an exciting ride to say the least with the equities and metals bull market and the plummeting dollar. But it looks as though their time is up, or at least for a few weeks. Traders and investors will slowly pull money off the table to lock in gains or cut losses and re-evaluate the overall market condition before stepping back up to the plate and taking another swing.
Below are a few charts showing some possible money making trade ideas in the weeks ahead.
TBT 20+ Treasury Note Inverse Fund
This fund moves inverse to the price of the 20yr T.N’s also known as bonds. Looking at the chart you can see the recent reversal which took place. We had a great entry point shortly after this reversal took place using my low risk setup strategy.
Falling bond prices are considered to have a negative impact on equities because it implies that interest rates may start rising which means more investors will pull money out of stocks and put that money into a safe interest earning investment. You will typically see bonds change direction before equities. That being said the chart below is an inverse fund, so when this bond fund goes up, it means actually indicates bond yields are falling. I will admit these inverse funds really throw my brain for a loop at time… I prefer the good old days, buying long and selling short… so simple and clean… —- Read the rest Here
I ask you, go read the rest of that; listen to people, like the man at this link, who want to see you make and keep your money. Not force you to trust in an unsound money system, like the United States Dollar. If you are not interested in FTS’s and would to buy actual Gold, then try this link here.
In fact, here is a video that explain why you should own Gold and Silver:
Is it not just good common sense to have a backup plan? Do not delay, invest in Gold and Silver today.
Please Note: In the interest of full disclosure — There are links in this blog posted that if click on and product bought or signed up for, will result in the compensation of myself. This will come with no price increase to the customer at all. Think of it, as an easy way to support this blog and yours truly.
This is what happens when Sarah Palin endorses a candidate: Joe Miller LOSES!
This is what happens when a train wreck, reality television star gets involved in politics and endorses political candidates; they lose:
JUNEAU, Alaska (AP) – Sen. Lisa Murkowski has become the first Senate candidate in more than 50 years to win a write-in campaign.
Murkowski emerged victorious after a painstaking, two-week count of write-in ballots showed she has overtaken over tea party rival Joe Miller.
Her victory became clear when Alaska election officials confirmed they had only about 700 votes left to count, putting Murkowski in safe territory to win re-election.
Murkowski has a lead of about 10,000 votes, a total that includes 8,153 ballots in which Miller observers challenged over things like misspellings, extra words or legibility issues.
Murkowski is flying back to Alaska to address supporters, telling them that the campaign “made history.”
Miller surprised Murkowski in the GOP primary, prompting the incumbent to run as a write-in.
I felt good about Joe Miller, until Sarah Palin got involved, then I knew it would never happen, he would not get elected. This is what happens when Palin gets involved, people lose and lose badly. It is what happened when O’Donnell ran and it is now happening with Joe Miller. The truth is, Sarah Palin has zero business endorsing anyone at all. I just wonder, will her kids come to my blog and start swearing at me, like they did over on facebook, when someone started telling the truth about Sarah Palin and her idiotic show? It is to wonder.
The truth is Sarah Palin has never succeeded at anything; including being Governor of Alaska. This little failure here, is just more living proof of that. The Republican party should take notice of that and let this little incident here, be one of many pieces of evidence that Sarah Palin is not fit to the President of the PTA in Wasilla, Alaska; much less the President of the United States. If Sarah Palin wants to do anything to impress me, or anyone else in this movement that we call the Tea Party, she needs to pack up her little tampon box of silly ideas and go back to Alaska and try being a Mother to her children and a Wife to her Husband. That is if she even has any of that left at all.
We need leadership in Washington D.C. — not some shrieking harpy psycho, who is all for having a Christian version of Sharia law in this Country. Count me as one of the many American Paleo-Conservatives, who have taken a great pleasure in seeing one of psycho Sarah Palin’s endorsements doing a very righteous face plant. It could not have happened to better person and may this be the first of many more for this idiotic woman.
Quote of the Day
“These men are NOT incompetent or stupid. If they were merely stupid, they would occasionally make a mistake in our favor.” That comment was made by James Forrestal concerning International Communism being promoted by our politicians in the early 1950’s. It isn’t being politically correct to refer to SOCIALISM as COMMUNISM, however, according to the Communist Manifesto the United States has already become a communist nation. If you have your little pocket size “CITIZENS RULE BOOK,” look on page 8, at the SUMMARY OF THE COMMUNIST MANIFESTO, which states “The Communist Manifesto represents a misguided philosophy, which teaches the citizens to give up their rights for the sake of the common good, but it always ends in a police state. This is called preventive justice. Control is the key concept.” In the September issue of NEWSWATCH Magazine titled “The Ten Planks That Are Destroying Our Country – COMMUNIST MANIFESTO.” The article warns us that Americans believe that Communism is dead, but Communism has just become more politically correct.
———————————–
The Church was composed of benefactors who did not exercise authority but provided all the social welfare of the people through the perfect law of liberty by faith, hope and charity. That took real faith and doing, forgiveness and giving, sacrifice and love. Being a Christian was not as easy as modern Christians would like to believe.
Instead the modern church sends people to eat at the tables of those socialist benefactors who exercise authority one over the other which makes the word of God to none effect. They were warned that those tables served deceitful meats,[34] that they were a snare[35] and a trap.[36]
The religion practiced today is done at the government temples which provide for the needy of modern society. Those administrators are the priests of the people’s true religion and their government is the new Pharisees of the Coercive Church established by men. Their schemes of social security are formed like those of Herod and the Pharisees and again make the word of God to none effect. What they do on Sunday is just to ease their own conscience or tickle their ears with false hopes so they may give heed to fables, and commandments of men, that turn from the truth.[37]
Christ meant His Church to set the table of the Lord through faith, hope and charity. To depend on the welfare of rulers was to again become entangled in the bondage of their world.[38] Christ came to open our eyes to the sin common in the history of men and to set us free if we will repent.[39]
As we see the unrighteous mammon failing,[40] it is time for the people and the ministers of their church to repent and seek the Kingdom of God and His righteousness so that they will be suitable for more righteous habitations.
—–
Please Note: I do not agree with all of the viewpoints presented in this video. Like the one that says A.D.H.D. is a myth. I’ve had A.D.H.D. for all my life. I know it is not a myth. However, there are some things in this video, that are not a myth and are legitimate viewpoints. As always around here. I post and report and you decide.
Video: Charlton Heston speaks about A Torch With No Flame
I believe every American should watch this video….at least once.
I believe it is the duty of all liberty and freedom loving Americans to join this wonderful organization, if you are able.
So, Please…:
Because some rights are just not negotiable.
Please note: This was an totally unsolicited post. The NRA does not have a damned clue, who I even am. I do not belong to the organization….yet. I do not make a dime off of your joining this wonderful and American organization. But I highly encourage you to join, because America needs people, like you I to stand up for what is rightly ours.