The Difference Between President Obama and Jimmy Carter is Peanuts

President Jimmy Carter and President Obama have a lot in common.  Their only difference is peanuts.  I can't find any record of President Obama farming peanuts so I suspect I'm safe with this statement. 

President Jimmy Carter was elected in 1976. The Carter administration took one of the hardest beatings in economic history.  Carter faced stagflation, soaring gold and silver prices and a federal funds rate averaging 11.2% in 1979. 

President Carter also had Iran to deal with. Gas prices soared and you had to get in line in order to get gas.

This was my personal favorite, direct from President Jimmy Carter, the United States boycott of the 1980 Olympic games.  A lot of my friends that made the United States Olympic swimming and water polo teams sat and watched when they would have competed and won Olympic medals.  There are a lot of radical Muslims in London and the Olympics are the perfect stage to show the World you are angry. 

So let's summarize the similarities between President Jimmy Carter and President Obama--Gas prices, soaring gold and silver prices, Iranian war and a lousy economy.  As gas prices go up the chance of recovery falls precipitously.

Frankly I don't think there is a recovery at all despite what Washington is trying to sell.  Obviously the Consumer Confidence index agrees posting a retreat to 61.1 in January after December's number at 64.4.  In other words you can peddle a crock of bologna to the public, it doesn't mean they will buy it.  Just wait until the June number on the consumer confidence index--I'll be stunned if it's above 55.

It doesn't matter who the Republicans put up as their candidate.  As a registered Independent I get to see things clearly without a prejudice to either party.  From my vantage point the President can't control his destiny.

If gas goes to $5 a gallon and Iran blocks the strait of Hormuz the Republicans can put Barney and Kermit up as their ticket and moon walk into the White House. I think Barney and Kermit would get stronger support from Republicans than Rick Santorum or Governor Mitt Romney. I know Kermit is a true conservative.

President Obama can spend ten billion dollars on TV ads but it won't change the facts.  The five million jobs he promised in the alternative energy industry is now a scandal-- especially with the Solyndra fiasco. The Republicans will be showing his previous campaign ad promising 5 million jobs in alternative energy.  This is also dealt with in detail at Brad Richdale scam.

I know a lot about alternative energy, without government support and incentives it's a lousy pitch.

The mood of the public is directly related to the price of gas--it effects everything.  $5 gas and the President will be writing his memoirs, speaking for $100,000 a speech and improving his golf game.  With all the garbage he has to deal with right now he might welcome all three.  Who knows maybe he will be able to beat Rep. John Boehner after he hits 5,000 practice balls but I doubt it.  I went into further detail about these elements at  

                          written by Brad Richdale Author copyright 2012 all rights reserved

                          

Brad Richdale for Brad Richdale Book Stinkin Thinkin--Monetizing Debt

30 years ago I changed my thinking largely in part because of Zig Ziglar and hearing his evangelistic tapes.  Zig loved the phrase "stinikin thinkin" a euphemism for negative thinking and stupidity.

Right now Congress, the House and the President all have "stinkin thinkin" they believe that we can print money out of thin air without consequence and not suffer from this form of "stinkin thinkin."

Let me assure you we can't.  Soon we will wake up in a Greece like situation but on a much larger and more violent scale.  Why?  Guns, Guns, and more guns.  I didn't see the folks in Greece shooting people--but here all bets are off.  We have the most armed citizens in the world and when the dollar weakens further it won't be pretty.

I guess the philosophy in the government is we'll deal with it when it happens.  That's nothing new.

The monetization of debt is stupid, it's a disaster in the making and yes it would be wisest right now to cut the budget by one trillion and unemploy a lot of people than have the currency collapse.  That won't happen but it would be refreshing.

The funny thing is as bad as things are I still wouldn't bet against President Obama winning again.  That smile buys a lot of votes.  I have a feeling whoever sits in the oval office in the next term they will need a lot of Advil.

When the dollar collapses and our debt isn't bought except at a much higher interest rate then the "stinkin thinkin" that's being employed now will become obvious and the reaction to it could be perilous for our country.

                          written by Brad Richdale Author copyright 2012 all rights reserved
                                     story also found at Brad Richdale book

The Tim Tebow and Denver Broncos Phenomenon by Brad Richdale for: Brad Richdale Wiki

I think the Cinderella story of this year is Tim Tebow and the Denver Broncos.  I did think after they smacked the Pittsburgh Steelers in Mile High that they might do something stunning against Tom Brady and the New England Patriots but wasn't surprised that the New England Patriots slapped them around in Foxboro to move on to the AFC championship.

You do have to admit that there is divine intervention going on here where the Tim Tebow phenomenon has caught fire globally. In 54 years I've never seen anything like it nor anyone so committed to their beliefs.  Tim Tebow could give Governor Mitt Romney, or President Obama a run for their money.  It would be nice to see more Tebowing in Washington, DC.  They also disclosed more of this at Brad Richdale Business.

                             written by Brad Richdale Author copyright 2012 all rights reserved
                                          blog founded by Bradford Richdale
                                story also found at Brad Richdale Customer Reviews