MONEY: Zero debt is best

Saturday, March 14, 2009

http://www.lewrockwell.com/schiff/schiff7.html  

March 14, 2009
Credit Card Cancer
by Peter Schiff
Peter Schiff is president of Euro Pacific Capital and author

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Lastly, savings can always be relied upon whereas credit is ephemeral. Remarks this week from the Chinese premier Wen Jiabao should serve notice to all Americans that the day will soon come when the Chinese stop lending us their umbrellas. When that happens, the average American will be soaked to the bone.

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One does NOT have to have a crystal ball to see the future.

The Chinese will stop buying Treasury debt. Interest rates to will go thru the roof. And, the economy will slow further.

The only defense is to have ZERO bad debt. That is nothing but a fixed rate mortgage that is well below 15% of your annual income.

Maybe Dave Ramsey is right. ZERO debt is best?

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GOVEROTRAGEOUS: Obama’s birth certificate

Saturday, March 14, 2009

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=91283

BORN IN THE USA?
What congressmen say about eligibility
Lawmakers’ letters insist ‘president was born in Hawaii’
Posted: March 10, 2009 9:29 pm Eastern
By Bob Unruh

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Hawaiian officials have confirmed they have a birth certificate on file for Obama, but it cannot be released without his permission. He has refused that permission. And Hawaiian officials have not revealed what information the certificate contains.

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Well, adjust my tin foil hat and call me kooky.

I guess that makes me a “birthist”.

See the first thing that the media does is give you a label and then they can dismiss you.

My fear is that I guess, like FDR and Pearl Harbor, we’ll have to wait 50 years to find out that O was NOT a US citizen!

Just because they label you, doesn’t make you wrong.

All to often today, they denigrate people who ask, often too politely, WTF!

“Quo Warranto”

Or in my parlance, “sez who!”
See the essence of the argument is the prima facie case, “What are you hiding Mister Obama?”
Until that is answered, it is not moot. It’s a scandal!
So much for “running the most open and transparent government”!
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