By Russell D. Longcore
The Nation I: Twelve Secret Service agents and ten military personnel went to Colombia on an advance security detail before the President attended a meeting in Cartagena last week. They stuck to the old adage…”wheels up, rings off.” When they got there, they rounded up at least 20 hookers and did what men do with hookers. The next morning, one of the agents tried to stiff (yes, I know) his paramour and she called the cops. I don’t know what the big furor is. Men of too much power and too little morals regularly step out of line. And military personnel? Please! Ever been to the area just outside a military base? More titty bars, porn shops and massage parlors per square mile than anywhere else. I’m just thinking that they were good consumers trying to get a volume discount. It’s laughable that anyone in America cares about this while this President is taking American into the gulag as fast as he can. Perspective, folks…perspective.
The Nation II: This week, the Virginia Legislature overwhelmingly passed a bill that nullifies the National Defense Authorization Act. The governor has promised to sign the bill. You remember where Virginia is? Sharing a common border with Washington DC? This is a small glimmer of hope that the states haven’t completely caved in to DC’s plans for America. But signing a bill don’t mean shit. Let’s see what Virginia law enforcement does when some Federal goon tries to enforce the NDAA on a Virginia citizen. I hope the Virginia law allows for clapping a Fed in irons and throwing him in jail…if he didn’t get shot first.
The Nation III: George Zimmerman had a good week. One judge recused herself from his case, and in Friday’s hearing, another judge granted him bail at $150,000…of which he only has to post 10% to be free from the Greybar Hotel. In a newsclip, I saw Zim’s lawyer questioning one of the detectives in the case. He asked him if the police had any evidence who started the fight that ended in Martin’s death. “No,” the cop replied. The attorney was trying to make the case that a charge of Second Degree Murder was a politically motivated charge, not based in facts. Zim’s lawyer won. Naturally, the family of Martin was not happy.
International I: India successfully launched a missile on Thursday that can carry a nuclear warhead up to 5,000 kilometers. Why isn’t Washington having a hissy fit? Iran doesn’t have anywhere close to this technology. And India is buying oil from Iran with gold and rupees. Answer: because India has a billion people and isn’t cowed by DC. Answer 2: India also has lots of gold and is one of the BRIC nations. India doesn’t need America, except to pay for Tech Support and Customer Service.
International II: In Bahrain, the government and protesters are having constant violent clashes, and much blood is being spilled on both sides. The Formula One Grand Prix event is supposed to be held there Sunday, but race officials are talking about canceling the event. That’ll show em. Nothing worse than a spinout when a tire runs through a puddle of blood.
Business: I saw a video Friday by Gerald Celente, founder of the Trends Research Institute. He was talking about how the rich and powerful can steal billions in fraudulent scams and go scot free, yet if you or I steal a pack of gum from the 7-11 we will be face down on the pavement with a cop’s knee on our neck. And he’s right. When banks and investment houses can play fast and loose with your money, you don’t really own it. Here is Celente’s money quote: “If you don’t have your money, it’s not yours.” The only money you can count on is the money that you physically hold and can touch. Celente has liquidated all his paper investments and is 100% in gold and silver. In fact, Celente had made a purchase of gold on a future delivery contract through MF Global, and when that company went bankrupt, there went his gold purchase. He said he’s recovered about 60% of his money, but the rest is gone. And this video by Celente only backs up what I have been telling you now for months…How much of your savings and investments should you keep in stocks, bonds and mutual funds? Only that amount you are willing to completely lose. Liquidate ALL paper assets right now and get into precious metals that you can hold and touch.
That brings me to tonight’s commercial message. Quick Question: Do you know how much invested money it takes for you to earn $1,000 month in income without touching the principal? The math is easy. $1,000 a month is $12,000 a year, right? But what kind of return on investment can you expect these days? Could you get a 3% return? Maybe. But let’s use that number. You would have to have $400,000 in some investment that earned 3% a year to get yourself $1,000 a month. Next question: How many of you could live on $1,000 a month? Don’t you need $3,000…$4,000…$8,000 or more to live? And we haven’t factored in the inflation rate, which is about 3% and is going higher. Do you have $1.2 million, or $1.6 million…or $3.2 million in investments? No young families I know have that kind of money. Only a few six-figure income earners that I know have it either. And in an economic depression…which we are in NOW…putting that kind of money away is next to impossible. But there’s a business in America right now that throws off monthly income just like an annuity. It’s my energy business. Think about your utility bills. You pay your energy bills every month, and every month, your energy provider earns a little profit on your payment. Now multiply that times thousands. Folks, there is a huge amount of money in the energy business, and you could get paid just like the big monopolies. Imagine owning a business that throws off income every month on a life-essential service that every adult that lives indoors pays every month. To learn more about this unique business, and see if this business is right for you, go to: MasterpieceEnergy.com. Look to the left and click on “The Ignite Business Plan” to learn about a truly recession-proof business.
Economy I: The number of actual new unemployment claims under state programs, unadjusted, totaled 367,550 in the week ending April 14, a decrease of 22,916 from the previous week. Yet, the Labor Department reported 386,000 new jobless claims last week. I know that many of you just skip over this because this heading is always the same, showing how breathtakingly stupid the Labor Department is. But think a little deeper, friends. Labor is only one Federal department or bureaucracy. You’ve seen how the GSA acts when no one’s looking. And the Secret Service imbroglio is merely the tip of the iceberg. ALL OF THE bureaucracies are wildly wasteful, and they know that Americans won’t do ANYTHING about it.
Sports: OOPS! At a team event, the parent of one of the University of Alabama’s football players was holding the $30,000 Waterford crystal football-shaped trophy when he caught his shoe on a rug. He dropped the trophy which shattered on the floor. Team officials are looking for a way to replace the trophy. Excuse me? This is easy. The parent likely has homeowner’s insurance, which provides liability insurance. File a claim with his insurer, and call Waterford. They still remember how to make the trophy…they make one each year. Done.
Entertainment: So sorry to hear of the passing of two enormous talents in music. Levon Helm, the founder of The Band, died Thursday after a long battle with cancer. A gentle man, superb musician and a gentleman, he was still performing until recently. And Dick Clark died this week from a heart attack. Clark founded “American Bandstand,” the teen music show that started all other rock music shows. I remember in the early 60s that “Bandstand” came on ABC at noon on Saturdays. Everybody I knew tried to be home for the show on Saturdays. You might not know that Clark also created and produced the American Music Awards show that has been fantastically successful for decades. Both men made enormous contributions to American music.
Dump DC: Six Letters That Can Change History.
Copyright 2012: Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.