Ted Cruz, Marco Rubio, Donald Trump, and Ben Carson

This article is about four men who are seeking the republican nomination for president.  Also, these four men rank highest in most political polls.  Sanityandsense.com finds that two of these men are fully qualified to become president.  Sanityandsense.com finds that two of these men are totally unqualified to become president.

The author of this article is an independent and is not affiliated with either the republican party or the democrat party.  It is indeed a very bold statement to make that two candidates are qualified and two candidates are unqualified.  My analysis is not based on the political position of any of these four men on: 1) abortion, 2) foreign relations, 3) immigration, 4) gay marriage, or 5) many other side issues.

While the aforementioned issues all have some political value, I would like to discuss the 800 pound Gorilla in the room.  The news media does not wish to acknowledge the 8oo pound Gorilla because they simply do not understand the issue.

The 800 pound Gorilla is the 19 Trillion dollar U.S. National Debt.  This number is so huge that it is almost impossible to comprehend.  As a mathematician/scientist with five college and university degrees, I could make this article truthful but unreadable.  My objective is simply to help the average voter to understand this issue by breaking the complex issue into simple steps.  You do not need calculus, advanced mathematics, or even college degrees to understand this issue.  It may be almost too easy.  Here it is step by step.

STEP # 1) Under the Constitution, and in accordance with Federal Laws, the U.S. Congress is required to produce a federal budget each year.  The yearly budget will be a budget with either: 1) a yearly surplus, or 2) a  yearly deficit.

STEP # 2) Yearly budgets have a surplus when the yearly federal revenues exceed the yearly expenditures.  Yearly budgets have a deficit when the yearly federal revenues are less than the yearly expenditures.

STEP # 3) If a yearly budget has a surplus, congress may use the money as they choose.  Many sane and sensible people believe that surplus funds should be used to reduce or ” pay down ” the U.S. National Debt.  The aforementioned situation seldom happens.  If a yearly budget has a deficit, our country has to borrow the money to pay for the overspending by the U.S. Congress.  The latter situation happens all too frequently.

STEP # 4) Our U.S. National Debt is the sum total of all of our yearly budgets.  With a National Debt in excess of 19 Trillion dollars, the average person can easily understand that the congress has had almost all yearly deficits and that they have been massive.

STEP # 5) Congress almost always has a yearly budget deficit and only a few surplus budgets.

STEP # 6 ) Why does congress create such huge yearly deficits? Do they have to? Congress is free to decide how to appropriate our tax dollars and of course they could spend much less.  Sane and sensible individuals clearly understand that both the democrat crooks and the republican crooks in congress have to ” pay off ” the political action committees (PACs) and special interest groups that fund their campaigns.  Hence, huge yearly deficits.

STEP # 7) The U.S. Government has to finance our National Debt by issuing T- Bills, T- Notes. and T- Bonds. ( T stands for treasury. ) These debt obligations require the U.S. Government to pay back the money borrowed plus interest.

STEP # 8) The U.S. Debt notes used to be rated AAA-plus ( the top rating. ) This rate was often called the ” riskless rate” because it was backed by the full faith of the U.S. Government.

STEP # 9) In recent years, financial rating services have downgraded the credit rating of the U.S. Government and our T-Bills, T-Notes and T- Bonds are now considered more “risky.” This is extremely bad news for our country and our citizens !

STEP # 10) Today, other countries are viewed as safer places for investors and sovereign  wealth funds to invest in debt instruments.  Today, both Germany and Switzerland HAVE NEGATIVE INTEREST RATES ON THEIR DEBT !

STEP # 11) When a country is so economically powerful that it pays NO INTEREST on their debt, and actually charges the buyer a fee to purchase their debt, the U.S. Government is in serious trouble.

STEP # 12 ) In order to restore financial integrity to the U.S., our country must reduce the irresponsible, disgraceful, and unnecessary spending by the U.S. Congress.  Congress must begin to produce a yearly surplus in our yearly budget EVERY YEAR.

STEP # 13 ) While the President can not tell congress what to do, he has the Constitutional power to veto any bill sent from congress.

STEP # 14 ) So, what America needs is a president who has the iron will to tell congress that he will veto any budget that is not a yearly surplus.  Also, the President can “suggest” a budget that he believes congress should pass.  The president has immense power to speak out for the American People against a corrupt congress.

STEP # 15 ) So, it comes down to the question: Where can America find a President that can stand up to the congressional crooks? America needs a man ( or woman ) who has not sold his soul, his integrity, and his ability to govern to the special interest groups and the PACs.

STEP # 16 ) Using the criteria in STEP 15, it is necessary to reject both Marco Rubio and Ted Cruz for president.  Both Cruz and Rubio have sold their integrity to special interest groups and PACs !

STEP # 17 ) Donald Trump is 100% acceptable since he has not accepted a single penny from PACs and special interest groups. Dr. Ben Carson is also 100% acceptable because he has not accepted a single penny from PACs and special interest groups.

Both Donald Trump and Ben Carson can work for the American People because neither is controlled by outside forces.  Americans have exactly three choices in 2016.  They are: 1) Elect Donald Trump as President, or 2) Elect Ben Carson as President, or 3) Prepare for a worldwide depression and be happy living as a third world country with an economy much like Greece.

R. Van Conoley

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Marco Rubio – The Wrong Choice for Republicans and The Wrong Choice For Americans

I am a registered independent with many conservative ideals.  I left the republican party about ten years ago because the republican congressional crooks were no different from the democrat congressional crooks.

President Richard Nixon said: ” Your President is not a crook. ” Of course Richard Nixon was lying because he was a crook.  In the 2016 republican presidential campaign none of the candidates has lied so often as Marco Rubio.  Rubio is attempting to pass himself off as a conservative and therefore has to lie, lie, lie, and lie again about his congressional voting record.

Since Rubio has attempted to place himself on the far right to secure the republican nomination, he has chosen to lie about his own voting record.  Also, Rubio can not possibly work for the American People because he has accepted so much special interest money and PAC money.

Rubio ran for the U.S. Senate in 2010 and won.  Rubio’s campaign was financed in large part by Jose “Pepe” Fanjul and his brother Alfonso Fanjul.  The Fanjul Family owns and operates one of the largest sugar companies in the U.S. After Rubio was elected to the U.S. Senate, he fought for government aid and government money for ” big sugar. ” Rubio joined with many Senate democrats to support sugar subsidies.  The dim witted Rubio made the inane statement that sugar subsidies were needed for U.S. National Security ! What sane and sensible individual could believe that ?

Marco Rubio, along with Jeb Bush, are the two republican candidates that have accepted vast sums of money from the Koch brother’s donor network.  The Koch network consists of about 190 super rich members.  Twelve percent of the Koch brother’s network have already donated money to Rubio.  Donald Trump called Rubio a ” puppet ” for the special interest groups.  Presently the Koch brother’s network has not yet decided to back any special candidate for president.  Trump has not accepted any money from any special interest groups or PAC’s.

PAC Man Marco Rubio has received PAC money from the Goldman Sachs PAC, the Microsoft PAC, Financial PACs too numerous to name, and Real Estate and Insurance PACs.  PAC Man Marco Rubio is not a candidate for the American People.  PAC Man Marco is a candidate of the special interest groups, by the special interest groups, and for the special interest groups.

PAC Man Marco is a slick talking ” Washington Insider ” who is willing to lie about anything to hide his Senate voting record.  Did PAC Man Marco propose any sane and sensible legislation to reduce our crushing National Debt ? No, he did not.  Did PAC Man Marco propose any sane and sensible legislation to modernize and restructure our tax laws? No, he did not.  Did PAC Man Marco propose any sane and sensible legislation to secure our borders? No, he did not.  Did PAC Man Marco propose any sane and sensible legislation to reduce our excessive spending in our defense budget? No, he did not.  Did PAC Man Marco propose any sane and sensible legislation to reduce the unnecessary overspending on any of our social welfare programs ? No, he did not.

PAC Man Marco Rubio is the wrong choice for republicans in 2016.  PAC Man Marco Rubio is just another ” Washington Insider ” who has accomplished nothing of value for  hard working middle class Americans.  Rubio is just a tool for many special interest groups that understand how to buy U.S. Senators.

R. Van Conoley

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The U.S. Stock Market – January 2016

The Dow Jones Industrial Average ( DJIA ) closed down 5.5% for the entire month of January, 2016.  The S&P 500 closed down 5% for the entire month of January, 2016.  The NASDAQ closed down 14.5% for the entire month of January, 2016.

If the NASDAQ closed down through mid year ( End of June, 2016 ) on an equal percentage basis as it did in January, the NASDAQ would have lost 87 % of its value.  The NASDAQ would then stand at 650.9 .

If the S&P 500 closed down through mid year ( End of June, 2016 ) on an equal percentage basis as it did in January, the S&P 500 would have lost 30% of its value.  The S&P 500 would then stand at 1430.1  .

The market never goes straight up or straight down for a long period of time.  Possibly the market could reverse its’ loss and may even turn positive for February.  Then again, the market could accelerate its loss and pass the resistance level in the S&P 500 of 1870 before mid February.

David Stockman, financial guru, remains negative and correctly predicted a drop in the market price of Amazon stock.

Chevron ( CVX ) posted forth quarter results on Friday, January 29, 2016.  CVX lost 31 cents/share from a year ago profit of $ 1.85/share.

BP and XOM will announce results on Tuesday, February 2, 2016.  Analysts expect XOM’s EPS to fall by over 51% year over year.

RDSA and OXY announce on Thursday, February 4, 2016.  Shell is expected to fall in EPS by 50%.  The market is sure to react.

R. Van Conoley

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Laughter – Part 3

” Suppose you were an idiot.  And suppose you were a member of Congress.  But then I repeat myself. ”    Mark Twain

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Ted Cruz – The Wrong Choice For Republicans and Americans

I am a registered independent with many conservative ideals.  I left the republican party about ten years ago because the republican congressional crooks were no different from the democrat congressional crooks.

President Richard Nixon said: ” Your President is not a crook. ” Of course Nixon was lying because he was a crook.  Nixon, however, did make some truthful statements from time to time.  Nixon stated that a candidate seeking the republican nomination must run to the extreme right to obtain the nomination.  Then the republican nominee must run to the center, where the democrat candidate is politically, in order to win the general election.

Ted Cruz has placed himself on the extreme right exactly as Nixon suggested.  Unfortunately for Cruz, I cast my vote based on what a candidate has actually done.  Ted Cruz raised $ 15.1 Million for his election to the U.S. Senate from Texas.  Where did this money come from? The ” Club For Growth ” donated $ 705,000.00. The ” Senate Conservative Fund ”  added $ 315,000.00.  Goldman Sachs corporate PACs added more.  Berkshire Hathaway donated $ 20,000.00 from their PAC and the executives at Berkshire gave an additional $ 10,500.00. Baker Botts, a lobbying enterprise, donated $ 7,500.00.

So what exactly did the citizens of Texas get from PAC Man Ted Cruz?  Since his election to the U.S. Senate, PAC Man Ted Cruz has always received his generous salary.  I searched his voting record as a U.S. Senator and I researched any and all proposed legislation proposed by PAC Man Ted Cruz.  Did PAC Man Cruz propose any sane and sensible legislation to reduce our crushing National Debt?  No, he did not.  Did Cruz propose any sane and sensible legislation to modernize and restructure our unjust tax code? No, he did not.  Did Cruz propose any sane and sensible legislation to secure our borders? No, he did not.  Did PAC Man Cruz propose any sane and sensible legislation to reduce the unneeded spending in the U.S. Defense Budget? No, he did not.  Did PAC Man Cruz propose any sane and sensible legislation to reduce the unnecessary overspending on our social welfare programs? No, he did not.

Well then, what exactly has PAC Man Ted Cruz done since his election to the U.S. Senate? Besides accepting his salary, PAC Man Ted Cruz has become the connected ” Washington Insider.” As a matter of fact, PAC Man Ted Cruz has learned how to be a better PAC Man and collect enough money to run for president in 2016 while serving as a U.S. Senator.

Hedge Fund guru, Robert Mercer, of Renaissance Technologies has reportedly raised $ 31 Million for PAC Man Ted Cruz through a network of super PACs. Trevor Potter, who served as a member of the Federal Election Commission, stated: ” It just takes a random billionaire to change a race. ”

PAC Man Ted Cruz has tried to market himself as a ” Washington Outsider ” by badmouthing Republican Majority Leader Mitch McConnell.  Sane and sensible people find this funny since PAC Man Cruz and McConnell have accepted contributions from many of the same sources.

PAC Man Ted Cruz is the wrong choice for republicans in 2016.  Cruz is nothing more than a ” Washington Insider ” who has accomplished nothing helpful for Americans while a member of the U.S. Senate.

R. Van Conoley

 

 

 

 

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A Wise Saying – Part 136

” We are repeating 2008.  The root cause of the crisis is different this time… In 2008, it was the subprime crisis in America.  This time, it is China and the deflationary forces it is transmitting to the rest of the world. ”  George Soros’ statement made at the World Economic Forum in Davos, Switzerland.

Additionally, Mr. Soros stated that the world was in a period of economic deflation and that governments do not know how to handle the problem since this has not happened since the 1930’s.

 

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Laughter – Part 2

I went to a bookstore and asked the saleswoman where was the Self-Help Section and she said if she told me, it would defeat the purpose.              George Carlin

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Appalling British Petition Against Donald Trump

I am an American born in the U.S.  My parents and grandparents were also born in the U.S.  I am an American of English, Scottish, Irish, and Welsh ancestry.

I am registered as an independent voter in the U.S. because I despise the two corrupt political parties in the U.S.  Unlike the rest of the industrialized democracies throughout the world, the U.S. does not have any serious third parties.  This makes it easier for the crooks to control both the democrat crooks and the republican crooks in the U.S. Obviously my hypocritical brethren in Britain do not seem to understand this.  Also, I was under the assumption that my brethren in Britain clearly understood the concept of free speech.  Obviously I was wrong.

I am writing today to express my embarrassment, disgust, and outrage over the British actions regarding  presidential candidate, Donald Trump.  It is absolute nonsense and beneath the integrity of the British Parliament to debate banning candidate Donald Trump from your Island.

Candidate Donald Trump is not a racist.  However, he has made some powerful political enemies by being totally independent from both the democrat crooks and the republican crooks.  Since Britain is an Island nation, your country has no national borders with other countries.  The U.S. has for decades allowed our federal laws to be violated by not enforcing our own immigration policy regarding our Southern Neighbor, Mexico.  Mr. Trump had the courage to state that he would build a wall between the U.S. and Mexico.  Both the democrat crooks and the republican crooks found this appalling since each party wanted illegal immigration to promote their own Machiavellian political purposes.  Unfortunately my British cousins did not listen to all of his statement.  Mr. Trump stated that he would build a wall, but he stated clearly that the wall would have doors that would allow citizens from Mexico to enter legally and protect our country from criminals and terrorists.

I have never heard Mr. Trump denigrate the Islamic religion nor have I ever heard Mr. Trump denigrate the Koran nor the Prophet Muhammad.  Mr. Trump has stated that he wishes to ban all Muslims from entering the U.S. for a period of time until our authorities can ascertain that the applicants are not associated with terrorism.

I respectfully remind my British brethren that our great country has pulled your chestnuts out of the fire more than once.  I noted your Pecksniffian arrogance and hypocrisy when Israel stated that they would not allow a single Muslim immigrant to enter their country for any reason.  You remained silent when Israel stated their policy.  Yet the same policy, even on a temporary basis by the U.S., seems to outrage some of your citizens.

Should Mr. Trump be elected president, I would love to hear how the PM and the Chancellor of the Exchequer respond to him when he asks you why the U.S. should pull your chestnuts out of the fire during the upcoming world depression !  Mind your own business and stay out of our politics.

R. Van Conoley  ( Editor’s Note: For the sake of transparency and total honesty, I supported only one candidate in the 2016 Presidential election.  It was a high honor for me to mail a check to the Honorable Jim Webb.  Mr. Webb was a candidate in 2015 and 2016 and was a candidate for president in the democratic party.  The political crooks got rid of one honest man in the democratic party, Jim Webb.  Now the same crooks want to destroy Mr. Trump in the republican party because he does not bow down to the corrupt establishment. )

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Laughter – Part 1

Will Rogers was an American humorist.  The following are some of his most notable quotes.

1) Never slap a man who’s chewing tobacco.   2) Always drink upstream from the herd.    3) Never miss a good chance to shut up.    4) If you find yourself in a hole… stop digging.   5) There are two theories about how to argue with a woman.  Neither works.

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The U.S. Stock Market – 2016 Week 3

After the first two weeks of trading in 2016, the U.S. Stock Market was down significantly.  At the end of week 2, the DJIA was down 8.2%; the S&P 500 was down 8%; and the NASDAQ was down a stunning 17.3%.

At the end of week 3, the market was still down for the year.  However, the market was slightly better.  At the close of week 3, the DJIA was down 7.6% for the year; the S&P 500 was down 6.7%  for the year; and the NASDAQ was down 15% for the year.

The market price for oil fell into the $ 27/barrel range during the week, but closed the week above $30/barrel.

From January 20/2016 through January/23/2016, more than 40 heads of state and government, as well as 2,500 leaders from business attended the 46th. World Economic Forum in Davos, Switzerland.  The theme was ” Mastering The Fourth Industrial Revolution.”

Some of the guests at the Forum were interviewed by the media.  Only two made a profound impression on me:  1) When a representative from China spoke, many members of Western countries thought that his statements were ” out of touch ” with the present world economy.  I believe that the confusion happened because the Occidental  mind and the Oriental mind view time in a different perspective. 2) Multi-Billionaire, George Soros, stated that the world is in a worldwide economic deflationary environment.  Soros stated that governments simply do not understand how to deal with a worldwide deflationary environment because there has not been a worldwide deflationary environment since the 1930’s.

David Stockman, a well read economist and author of ” Stockman’s Contra Corner ” continues to caution readers that the U.S. stock market is in a bubble and the bubble is about to burst.  Stockman believes that the highly overvalued FANG stocks are responsible for the upcoming bust which will take place this month.  The FANG stocks are: 1) Facebook, 2) Amazon, 3) Netflix, and 4) Google.

Since the year started, the S&P 500 has lost $ 2 Trillion in value as of January 21, 2016.

R. Van Conoley (  Editor’s Note: Although the date listed at the top of this posting is Jan/18/2016, the actual article was written and posted on January 23/2016.  The listing date of Jan/18/2016, was placed there on that date to hold the place for this article on this website. Sanityandsense.com recommends that interested individuals read all three articles about the U.S. Stock Market titled: Week 1, Week 2, and Week 3.  They were grouped together for the reader’s convenience. )

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