Member Stories

Corporate America has the largest cash reserves in recent memory. The product of the first Obama administration, the boards and management of the biggest companies, foregone mergers and acquisitions and cleaned up their balance sheets. Fear was the operative sentiment after the 2008 financial meltdown. Business confidence was marginal at best. Lacking consumer confidence was a natural result of a high unemployment and an insecure job environment. The modest improvements in the economy were a direct outcome of increases in government spending, especially an expansion in public employee endeavors.

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The rapid approach of the Thelma & Louise bipartisan plunge into the financial abyss is upon us. It is simply unbelievable, that the prospects of rational tax salvation by the end of the year, measured by every statement coming out of the Washington political cabal, will materialize. Extending the current tax rates from automatic rescission on January 1, 2013, as a stopgap method for an enactment of a lasting political rapprochement, is the best that might occur. The net effect will be a perspicacious downturn in economic activity, a new round of layoffs, rising permanent unemployment and a plunge in consumer confidence. Wall Street will make hay by shorting the market while placing blame on the uncompromising hacks that refuse to cut a deal.

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One of the most ludicrous fantasies of the self-indulgent is that a property owner has an entitlement of subsidized government flood insurance. The inherent risk of building along the ocean shoreline is self-evident. The benefits that enhance the pleasure of proximity to the seaside seem unending. However, when the forces of nature thrust her fury and a wall of water inundates pristine dwellings, the first question asked after the storm usually involves rebuilding. The cost of repairs and renovated construction, once paid by private insurance, now normally requires a federal guaranty. 

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The rule of law is an empty memory of the past. The powers that rule are globalists that control governments and use their media outlets to write the first version of history. They pull the strings of the intelligence agencies that function as over throwers of non-compliant regimes. Constitutional restrictions that limit impulsive or capricious dictates once protected citizens. With the utter eradication of separations of power and the "Federalist", form of distinct roles and authority of independent States, the core legitimacy of the United States vanished.

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