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PRESIDENT OBAMA WAG THE DOG
President Obama Does "Wag the Dog" in a Deflation Economy and Greater Depression
By Delwyn Lounsbury - THE DEFLATION GURU "Wag the Dog" is a euphemism for when a politician in trouble wages a war or does some other diversion to get the heat off his back. President Obama, it appears to me, is doing a "Wag the Mosque" as a smokescreen for a tanking deflation economy during his administration and to help his parties election chances in the November 2010 midterm elections. With only a couple months until the elections, they are in big trouble. Some pundits say the Democrat Party may loose control of both houses of congress. Why else would President Obama suddenly take the moral high ground and come out in favor of building the Manhattan Muslim mosque so close to the site of the 9/11/2001 World Trade Towers ground zero attack? He knew 70% of New Yorkers are against building the 51 Park Avenue Islamic place of worship at that particular site. It is like rubbing salt in our wounds. Is a "Wag the Dog" war with Iran next? The libertarian in me applauds liberty, freedom of religion, upholding zoning laws and the free market in any form. The realist in me knows this a big diversionary tactic. President Obama recently actually had the nerve to order his administration to sue the state of Arizona over their newly passed Mexican border immigration law. The Arizona law closely matches federal guidelines. The explosion in media coverage of both sides of this illegal alien issue was a wonder to behold. Isn't it the federal government’s job to protect our borders? The Feds weren't doing the job. Arizona had to do act. That makes the second "wag" in two months along with a new fascist side of President Obama. Do see, WAG THE DOG (1997), directed by Barry Levinson and staring Dustin Hoffman, Robert De Niro and Anne Heche. Funny! Priceless! On Sunday 8/22/2010, MEET THE PRESS on CNBC, with David Gregory hosting, spent one half of the program on the mosque issue and on Iraq and Iran. MEET THE PRESS and the President should be more concerned about rising unemployment, the tight money crisis, real estate deflation, foreclosures, the crashing of all the past credit inflation and the deflation economy and Greater Depression. Robert Prechter, President of Elliott Wave International, has written about a new study of socionomics in his book, THE WAVE PRINCIPLE OF HUMAN SOCIAL BEHAVIOR AND THE NEW SCIENCE OF SOCIONOMICS (1999). In the book he predicted a negative social mood change era evidenced by fear, xenophobia, pessimism, conservatism, thrift, savings and a general retrenchment. This is a waning instead of a waxing. He is also on record saying the Greater Depression started in 2000 with the dot com bust and may last into 2016. He also predicts a 90% drop in most asset prices and 30% plus unemployment rate. Finally, he says that world war three started 09/11/2001. Xenophobia is the fear and loathing of strangers. Xenophobic trends increase as economies regress into deflation and people’s attitude turns sour. In deflationary downturns, people in general become afraid and therefore hateful of strangers. People are rabidly against the mosque. A recent poll asked the question: Is it appropriate to erect a Mosque and Islamic Community Center close to the 9/11 site? 37% said ¡°yes¡±, 62% said ¡°no.¡± In addition to xenophobia, during a waning mood swing society does not start new businesses, loan money or invest. The retrenchment we are having is textbook Robert Prechter socionomics. According to him, socionomics is a marriage of sociology and economics that sees societal mood swings from positive to negative and back again as the driving force behind booms and a deflation economy. Also, the likelihood of war increases in the downswings like we are having now. Now, we get a deflation economy leading up to the Greater Depression. Will the banksters foreclose on everything and get richer? Probably, but smaller government due to reduced tax revenues will be a good thing. Mark my words! Unless private money backed by gold catches on we are doomed to a repeat driving gold to $5,000 per ounce in the distant future. Money with no backing in Germany after WWI lead to hyperinflation helping Hitler hustle everyone. You don't want to elect the next antichrist besides the "anointed one" we have in office now, do you? Only gold is not also a debt instrument. Only gold is honest. New York City has a long history of intolerance. First called New Amsterdam by its Dutch founders, back then the city's first leaders delayed letting the early Jewish immigrants build their own church until 1730. Waves of Irish, Italian and other nationalities were greeted with similar initial intolerance. The last ones onshore got the worst jobs with the lowest pay. The 70% coordinated collective citizen reaction against the mosque at this spot at this time is further socionomic proof we are indeed heading into the Greater Depression. It will be three times larger and longer than the depression in the 1930¡äs due to the excess government, excess waste, excess war and excesses in general. The Elliott Wave Principle structure is also predicting a downturn, according to Robert Prechter. You can get more information on Elliott Wave, socionomics, Robert Prechter and deflation at my website. So, President Obama took the high road coming out for the mosque in theory. What a hornet’s nest he stirred up. Of course, he is right. Not allowing it would be against the law and a violation of the constitution. Denying the mosque would only engender a huge unproductive wasteful loosing lawsuit. The courts would have to rule on the side of religious freedom. Unfortunately, he is also on a program of weakening the constitution by appointing left leaning Supreme Court Judges and beating up on banks and business. Remarkably, only 10% of his administration has any business experience. Obama's policies are making business uncertain and cautious. Business is frozen up because of all the bank bailouts, auto company bailouts, ObamaCare costs and financial reforms and regulations. Obama knows he is only a one term president. That is why he wants the U.S. to get wrapped up around the axle. So that his socialistic wealth redistribution job killing aspirations can be foisted upon us. There is no better way than this to help the onslaught of a deflation economy and prolong the length of the Greater Depression. Socialism is economic death to business. The lifeblood of an economy is sucked out. Business people just give up trying. Government kills the goose that laid the golden egg of job creation. President Franklin Delano Roosevelt made up government jobs and delayed recovery from the 1930's depression with his hair-brained socialist make work programs. It was FDR's leftist ideas that took us to where we are today. Government was only 9% of GDP back then now it's 25%. He even outlawed gold ownership. How crazy is that! Now the socialism he started is getting top heavy and is starting to crash. Better to lower taxes this time and let business create jobs that will last. Not jobs that disappear when the project is finished like FDR did. FDR started us down this road to perdition. President Obama will be happy to know that he is only the second most destructive American political figure - after FDR. The people’s mood is downright nasty these days. Stocks are topping out. Israel is reporting Iran will have a working nuclear bomb in 9 months. A "Wag the Dog" war with Iran is next. Another smokescreen for the power elite control freaks with the help of the Federal Reserve to finalize their one-world-government to take our FREEDOMS forever. I'll bet my bottom dollar Barack Hussein Obama is for a one-world-government. Say hello to Big Brother! This is not what our freedom favoring founding fathers had in mind. This is TYRANNY! This President is bent on destroying America's Constitution and it's citizens rights and the free market. Now he has made CO2 a greenhouse gas? You had better stop breathing it out then. His "Cap and Trade" along with increased taxes and regulations will be the final fatal straws breaking businesses back. Let us find another place for the mosque and not open up old wounds. I think they would if President Barack Hussein Obama would stop playing "Wag the Mosque." Copyright 2010 by Delwyn Lounsbury - THE DEFLATION GURU Use of this article allowed with attribution back to: http://www.deflationeconomy.com
President Obama Does Wag the Dog continued From: http://www.jihadwatch.com Ground Zero Mosque Imam Rauf lies about mosque opponents. In an ugly sidelight to an ugly day, in the run-up to 9/11/2011 ten year anniversary the Wall Street Journal published this vicious little libel from the Ground Zero mosque and stealth Islamic supremacist Imam Faisal Abdul Rauf. In "A Call to All Religious Moderates," September 9 (thanks to Paul), Rauf says this: When I launched my effort last year to build an Islamic Community Center in Lower Manhattan as part of reconciliation after the 9/11 terrorist attacks, the vitriol hurled against me and Islam was overwhelming. Islam is evil, our critics said. The only good Muslim is a dead Muslim. Of course, neither I nor anyone I worked with in the resistance to the Islamic supremacist mega-mosque at Ground Zero ever said that. Rauf is lying, and I challenge him to substantiate his claim with a statement from me or any other prominent leader of the resistance to the mosque. But he can't, because none of us ever said anything like that. And that leads to a larger question: why is the Wall Street Journal giving this dishonest man space? When the lie was spreading around the mainstream media that I was somehow responsible for the Norway shootings because the shooter quoted me (along with John Locke, Thomas Jefferson, Charles Darwin, and others, who for a never-explained reason were not held responsible the way I was, although I never advocated violence any more than they did), I couldn't get the Journal or any other mainstream media outlet that published the lie to publish a rebuttal. And now the Journal adds on another lie from Rauf. The masters of those dhimmis at the Wall Street Journal must be very pleased with their service. Posted by Robert on September 11, 2011 7:35 AM |
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President Obama Wag The Dog
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