Japan's Big Bet

Can't beat deflation and slow growth? Japan has an answer for its decades-old woes. Ignore the facts and just mark up traditional measurements of the economy .I.E. buy stocks and print more wealth a.k.a. money. So the score will look like a win but the real economic game may not necessarily match the score. This includes redirecting the one and a half trillion dollar pension fund to buy more risky assets.Grandma and grandpa don't need this at this time.We already did what Japan is now embarked on.In essence its a currency war.Currency wars can end in hot wars because of survival priorities.I.E.Buy local.These ultra liquidity machinations favor the wealthy and governments who have enormous debt to repay.Deflation would bankrupt those two but would help the rest.Ergo defaltion will succeed because of popular demand. It will be a rocky road. But less government should be one worthy outcome.

War With Iran And War With Japan : Beware December

In July of 1941, the United States embargoed oil to Japan. Coincidentally in July of 2012 the United States embargoed Iran from selling oil . In December of 1941, Japan bombed Pearl Harbor and then the U.S. declared war on Japan and Germany. It found a way to get into World War II.

We are in a de facto state of war with Iran now. Anytime another country stops life supporting commerce or the ability of another country to feed its people , then the abused country has the right of self defense to stop the agressor nation. In this case The U.S. is the agressor and Iran is the abused . Will Iran strike in December? It's only a matter of time.

The stupid part of this scenario is the U.S. is trying to make the world safe for Zionism. Nobody can make that happen.

Warren Buffett: Needs Reality Check

Nuclear reactors exploding in Japan because of historic earthquake. Bodies washing up on the shore because of the Tsunami. Japans stock market plunges wiping out $267 billion of value. Riots continue in the mideast with strategic Saudi Arabia now threatened with an overthrow by Islamists who despise America. Libya is raging . China's growth is slowing and also there is an undercurrent of unrest. Greedy U.S. politicians continue to ignore potentially ruinous economic issues.

But Warren Buffett who heads Berkshire Hathaway just signed another deal today. The stock market has doubled in the past two years but Buffett now thinks Lubrizol is worth a 28% premium over Fridays close. He pays $9 billion for the company. Buffetts cash horde is reduced to $29 billion after the purchase. Of course more money from his various companies will eventually build up his liquidity again. Or will it? His main business is insurance. That's where the bulk of the cash is generated. But what about the unexpected, like an earthquake, or riots or an attack by Islamists or disgruntled U.S. citizens? Payout will have to be made and business in general will suffer. Buffett is shaking dice with insurance premium receipts.What could possibly go wrong?

Ignore North Korea

How about ignoring North Korea? It would be a Trojan Horse ploy in reverse. One evening the U.S. would pull its front line troops from the North/South border. By morning thousands of American forces would be at least 100 miles away. Over a period of weeks the U.S. garrison of 37,000 would be brought home and immediately spend their payrolls on our own soil. Leave a note to Kim Jong Il stating we no longer care about the actions of North Korea and as far as we are concerned his people can all starve to death. Also if he wants to nuke Japan so be it. We been there done that.

Kim Jong Il and his father before him are the mirror image of American foreign policy. Without our foreign policy Kim would be shucking clams on the coast.

Bush & Truman: Israel, Oil & Nuclear Weapons

The recent cover of "Newsweek" showed former President Harry Truman and a poster "WANTED: A NEW TRUMAN". Gee, why? He's the guy who dropped 2 nucler bombs on Japanese civilians who were already defeated. Also, his administration was the driving force for the creation of Israel out of the partition of historic Palestine. The world has been the worse for both those dark deeds.

Actually George Bush is repeating parts of Truman's deeds by threatening a nuclear attack on Iran an by his unconditional support of the Zionists thugs. When Truman ordered the the nuclear attack on Japan there were only 2 nuclear weapons in the world. Now there over 11,000 nukes in existence. When Truman put in motion the creation of Israel, this lead to the ethnic cleansing of app. 750,000 indigenous Palestinians. Now the dislocated Palestinian population has swollen to over 5 million and additional billions of the world population are threatened by Middle East unrest.No, we don't need another Truman, 1/2 pint Bush is Trumanesque enough.

Yesterday in Glasgow,Scotland, a would-be suicide bomber was literally on fire from burning gasoline but continued to punch police officers and shout"Allah, Allah"! That bomber was the incarnation of what America should distance itself from-fossil fuels and Israel.