1842- BAD CAMPAIGN IDEA- YOU THINK?

Well it’s been a long Memorial Day weekend.

Late Friday one of the big banks of Spain asked for a 40 billion dollar bailout.

Bankia is strapped with billions of dollars of failed mortgages- and the S and P downgraded them to junk status.

Spain- like many of the other European nations- is in big trouble.

There unemployment rate is 25 %.

Wow.

Yesterday the Dow closed over 12,500.

There was a mini surge in the market.

Why?

The Dow is funny- it is not always an indicator of how well the economy is doing.

For example- the jobs numbers for April came out- late Friday [we try to release bad news on Fridays- after the markets close- so people have to sit and wait until Monday [or Tuesday] before they can respond.]

Yeah- the numbers were not good- total jobs for the month were around 115,000.

So- this makes investors think ‘geez- the economy is in trouble- maybe the Fed. will print more money’.

And the big investors will add that into to their calculations- and Walla- the Dow goes up.

As we hit the middle of the year- after 3 months of bad jobs numbers [they need to be around 250,000 a month] it sure looks like we are not recovering well from the Great Recession.

Syria.

Yes- once again it made headlines.

There were reports of lots of civilians killed again.

Many of them kids.

Assad [the leader] denied it was his men.

The killers were indeed militia men- in uniform- not standard govt. fighters.

But it seems as if they are working for Assad.

Russia at first questioned it- they are strong supports of Assad.

They thought maybe it was Al Qaida- who are operating in the country.

They bombed a military hospital a few weeks back and killed civilians.

But Russia seems like they might be changing their tune a little- they are also speaking out more forcefully against Assad.

I watched Tom Freidman on the Charlie Rose show.

Freidman is a writer for the N.Y. Times- he’s usually right on.

He’s calling for a No Fly Zone in Syria.

I must ask these guys ‘what do you mean’?

Assad is not using planes to attack the rebels- just like Gadhaffi in Libya.

So what would a true no fly zone accomplish?

The term ‘no fly zone’ has come to mean ‘we will go in to your country- under the guise of NATO- but the U.S. will pay for most of it- do most of it- and we will bomb the hell out of your leader’.

Oh- then after were done- Al-Qaida- or any radical Islamist group- will rule the land.

So- because of our action in Libya- this is the new definition of a no fly zone.

I don’t want to sound like I support Assad- I don’t- but this strategy has failed.

In Egypt- where we forced the leader to step down [Mubarak].

They just had their election- and it’s a runoff between a former govt. man and the Muslim Brotherhood.

The president has supported the Muslim Brotherhood [our president!]

He had them at the White House a few weeks back.

This gave them an aura of support from the West- for a U.S. president to invite one of the groups of an upcoming election to have a personal sit down in the White House is showing favoritism.

So the actual protestors who gave their lives in Tahrir square- their voices are not being heard.

The moderate candidates did not win.

The Muslim Brotherhood might not be as bad as Al-Qaida [Might!] but they do advocate for Shariah law.

Egypt was not an Islamic run state in the past- we ousted out Mubarak and now it looks like they will become one.

Why is this bad?

Let’s see- gay folk- yeah- we catch you in the act- we kill you.

Women- caught cheating- we stone you.

Christians- if we think you blasphemed Allah [like witnessing for Jesus] your dead too.

Should I go on?

Yet the president and many in the western media hail the recent elections as a great victory for Democracy- after all it is a real vote.

I wonder how many of these same reporters would think the same if some Western nation elected a bunch of radical Christian fundamentalists who wanted to kill gays and women.

We see the double standard- and it’s huge.

And let’s end with politics.

Yes- the lines are drawn and Obama has made it clear that his strategy to go after Bain capital is going to be their campaign.

Okay- Bain capital is the financial firm that Romney ran.

This firm used PRIVATE MONEY to go into hurting companies and provide cash.

In some cases- not all- they had to downsize.

They laid off workers- cut back- and even closed some businesses down.

In other cases they saved the company- and the businesses went on to become great successes [Staples- the office supply chain is one example].

So- the President is criticizing Bain because in some cases they lost jobs.

Let’s look at his record for a moment.

One of the things that Obama likes to do is invest PUBLIC TAX MONEY into private business- businesses that have direct ties to him and his friends.

Yes- he sunk tons of money into Solyndra [a solar energy company].

This company- now famous for having gone under [yikes- you mean you invested money into a private company- TAX MONEY- and it shut down- sounds like Bain to me].

And when the company was on the verge of going under- it was right before the midterm elections- the president changed the govt. loan- against the law- and made it favor one of his top money guys.

Yes- this is fact- it all came out- in the news- on a bunch of Fridays no less.

The loans that the govt. makes to these private companies has a law that says ‘if the company ever goes bust- the taxpayers get paid back first- before any private investors’.

Got it?

The law puts the tax payer over the ‘private equity money’ that is- Bain money.

Okay- the law protects you and me- and it makes the Bain’s of the world get paid last.

So what did the Pres do?

His campaign guy- who had invested money into the company- told the Pres ‘look- I will put more money into Solyndra- to keep them afloat before the election- but if they go bust- I want my money back first- before the taxpayer’.

Now- this is against the law that governs these loans.

So- after all this came to light- an email/memo came out that said ‘it looks like your wanting to change the law to benefit your friend might be illegal’. This was an internal memo from Obama’s people.

What?

Yeah- Obama’s own people wrote this.

They advised ‘you need to get the approval of the justice dept. before you change this loan’.

He never did.

He changed the loan- his top campaign guy got his money first- and you and I got the short end of the deal.

Now- after all this- the presidents main campaign message is ‘look at Romney- he has a past of using private money to bail out companies- his dealings with private money are bad’.

You think with a history like Solyndra the last thing you would want to bring up is private money deals versus the U.S. taxpayer.

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