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America; Land of Illogic:

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Message Mike Folkerth

Good Morning Middle America, your King of Simple News is on the air.

U.S. NEWS: After months of writing about the fact that we are indeed in recession, the main stream news has taken a break from Britney and Paris long enough to realize that, by gosh, we really are.

I never thought that I would see the day that agreed with Donald Trump, but in a clip for his appearance on Jim Cramer’s Mad Money, “The Donald” said, “I don’t know what planet these people live on who say maybe we are in recession, some areas of the country are in depression.”

You know what gives me depression? Mitt Romney promising the people in Michigan that their jobs are coming back. Not so much that he was lying about the jobs, as the people in Michigan believing him. That’s plain scary.

I was further depressed while watching the Democratic candidates’ debate in Nevada. By the time the debate ended I was checking my food supply and being sure that our fireplace was in good working order. The complete and total disconnect from reality was mind numbing.

Barrack and Hillary both said that they could bring the nation together and work with others in Washington to make America a better, more non-partisan place. Now this may seem a little pushy, but since both of them are Senators, why don’t they trot their little butts back to Washington and do that? Why wait for a year to show their stuff? Maybe they were outsmarted by W?

After all, the Democrats do control Congress and if you can’t get those in your own pew to sing out of the same hymn book, how are you gonna be president?

John Edwards told the story about his poor old dad and grandma working at the mill for the 10,000th time, and quite honestly I’m not buying the good ol’ boy thing from a hedge fund, personal injury, southern lawyer. As the song goes, “Don’t trust your sole to no backwoods southern lawyer.”

In the end, none of the candidates on either side of the aisle with the exception on Ron Paul, can spell economics, let alone having a clue as how to drag us back out of recession. Freezing home loan interest is barn broom dumb. If people don’t have jobs, they can’t pay interest at any rate, let along principal.

The Democrats may actually be angling toward recession on purpose. You know, “elect me and I’ll end the recession.” Of course they won’t (end the recession) or they would do so as we speak, being a majority and all.

George Bush was one terrible experiment for America, but we had 540 members of Congress who did what? Yep, sat on their dead butt’s and watched it all happen.

There was a voice of reason. There was a voice that warned about the banking and FED scandals. There was a voice who warned against going to war in Iraq. There was a voice who even told America that we were going broke and that a recession was coming and that we needed to drastically change course. But who wants to listen to some kook like Ron Paul? What say you?

 

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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