Today is New Year’s Day, 2013. Happy New Year to all! I’m finding it hard to find anything “happy” about today.
On FoxNews Channel right now, they are talking with John Bolton about Benghazi. Remember Benghazi? That’s where our consulate in Libya was attacked and our Ambassador was tortured and murdered, along with his assistant and 2 CIA operatives (both former Navy Seals). Benghazi. The failure of Barack Obama to protect our people in a foreign country. Benghazi. The cover-up to protect those who are lying about what happened that night when people who wanted to help were ordered to “Stand Down”. Sooner or later the truth will come out and this administration will pay for its crimes.
The Stock market finished 2012 with a huge Bang. I don’t get it. There was a fiscal cliff imminent, with no chance of a deal to reduce spending, and the markets are up big. Could someone please tell me why???? As it turns out, this morning I find out there was a deal done overnight in the Senate and sent to the House for a vote. Guess what? Higher taxes and no spending cuts. That’s the bill that was agreed on. Good job liberals. Good job.
Sure, profits are up. But compared to what?? Levels from a year ago?? We just had 350,000 new first-time unemployment claims reported on Thursday and it was hailed as good news. What is good about this?? Just in the last month since the election, there have been @1.4 million jobs lost. How many were added?? Oh, about 120,000. And this is good news.
My head is spinning. Companies have gotten rid of so many employees that their profits could do nothing but go up. The housing market can do nothing but go up- it can’t go any lower. Interest rates are almost ZERO. This is good news?? It’s just the way it is at this point- there’s nothing good about it.
Today is the first day that the new Obamacare taxes will take effect. Make no mistake about it- YOUR TAXES ARE GOING UP. Many people out there are happy that the “rich” are finally going to be singled out and attacked by this administration that so hates successful, hard-working people. I never dreamed that this great country would elect a person who hates those individuals who take the risks and succeed, expand, invest, create jobs, etc. But Barack Hussein Obama hates successful people. To all successful people big O can only say “Hey, you didn’t build that”.
We have elected a communist. Every moment of O’s life has been spent hating America and wanting to bring down capitalism and whitey. Obama is the biggest racist to ever live in the white house. And we have 4 more years.
Well, I’m back writing this piece now after a couple of hours away. It seems that I repeat myself over and over. But these things I’ve written are important. And if we don’t face them and get back to what made this country great, we will lose it forever. And what we get in exchange will be dreadful. We must learn from history, not ignore it. Only idiots would do that.
So, where does the market go from here?? For 2012, the Nasdaq gained 15.9%, the S & P 500 13.4%, and the Dow 12.9%. The markets are currently still in an uptrend. I’ve got to stay invested because I am not going to try to predict what it will do. I thought it would have crashed by now, but it had a great day Monday, so it is stay the course.
So here’s wishing everyone a Happy New Year! Let’s hope the conservatives can come around and speak the language that all freedom loving people can understand. Where is a Reagan when he is needed??
We need one now.