Duplicitous Obama
Research for Online Investors

by John Dalt

2/4/11

The situation in Egypt seems to be reaching a turning point.  The world watches for the next round of protests and responses by the government.  I am suspicious that the Muslim Brotherhood is working behind the scenes as a dark force.  What does it take to manipulate the young people that want a free society and democratic government?  Will the MB be successful in turning the protests into a takeover by a radical group?  We hope not.

Iranian protests last year were put down by the Revolutionary guards firing live ammunition.  Some protesters disappeared, leaders were put under arrest.  Obama urged restraint.  The Iranian religious leaders met the protesters with violence.  Iranians were protesting rigged elections that kept the Mullah’s in power.

What has been President Obama’s response to the Egyptian protests?  Oh! Bama pronounced on television that President Mubarak should step down and the transition begin right now!  We just have to ask, “Whose side is he on?”

Subscriber T.M. sent in an old news story last night for your editor’s information.  Oh! Bama issued official invitations to the Muslim Brotherhood to attend his speech in Cairo when he visited in 2009.  Did he know that Al Qaida and Hamas grew out of the MB?  You can read the news story.

I have withdrawn from criticizing the president for some time.  It seemed redundant to point out all of his weaknesses time and time again.  We also hold hope that the newly elected House of Representatives will put a kibosh on much of his radical agenda.  There are many things they cannot do, but the power of the purse is a mighty sword to swing.

A Federal Judge in Florida ruled the Health Care bill unconstitutional.  Does it surprise anyone that a few days later the Senate voted to repeal Obamacare, and every democrat voted against repeal?  His ruling wasn’t a traffic stop infraction, the law is UNCONSTITUIONAL, and the democrats voted to keep it on the books.  Wow.

According to Bloomberg, a Federal Judge in New Orleans ruled Wednesday that the Obama Administration acted in contempt of his order to lift the moratorium on deep water drilling in the Gulf of Mexico.  Judge Martin Feldman overturned the initial ban on June 22, 2010.  The Interior Department issued another ban in July but withdrew it in October, before the off-shore industry could drag them back before Judge Feldman.

Four months later, the Interior Department has not issued one deep-water drilling permit for any new wells.  Feldman ruled the “enhanced drilling safety rules” the department imposed violated federal law. Judge Feldman wrote, “Such dismissive conduct, viewed in tandem with the re-imposition of a second blanket and substantively identical moratorium, and in light of the national importance of this case, provide this court with clear and convincing evidence of the government’s contempt.”

Oh! Bama says his administration is “focused like a laser” on creating jobs, at the same time drill rigs are moving out of the Gulf of Mexico and oil field workers are collecting unemployment.  Go figure…

The Obama Administration has not changed their assault on America since the November elections.  They have just modified their rhetoric, unless you are an oil field worker or foreign leader that has been a friend to the United States.

Interest rates have climbed this week.  The Ultra Short 20-year Treasury ETF (TBT) looks to close above the previous recent high of $40.12  This is a trade you may want to look at to profit from rising long-term interest rates in the United States.  As interest rates increase, the value of bonds decreases, the TBT etf tracks the value of the bonds.  TBT goes up twice the percentage of the decline in bond face values.

This morning the Labor Department reported that unemployment fell to 9.0% in January.   That was only because so many people have quit looking.  The private economy only added 50,000 new jobs, less than the estimated 250,000 it takes to employ new job seekers every month.  Today's chart illustrates the unemployment rate by educational level. We all tell our kids, get a good education so you can find a good job.  Now, you can show them this chart!

A college degree means a lower rate of unemployment. The unemployment rate for those that have obtained a bachelor's degree or greater (blue line) currently stands at 4.2%. While this is much higher than the sub 2% unemployment rate seen as little as a few years ago, it is dramatically lower than the unemployment rate for those with less formal education. For example, the unemployment rate for those who have not completed high school (red line) currently stands at 14.2% -- more than triple the unemployment rate for those with a bachelor's degree.

Chart courtesy of http://www.chartoftheday.com

To the mailbag:
You got me thinking about emergencies.  We have a plan, but not very solid. We have blankets, batteries, gas cans, and cash.  I will talk with my husband, mom and mother-in-law.---subscriber T.M.

John’s reply: It is important everyone in the family knows what your family’s plan is.  Everyone will know what to do, and what others are doing.  Don’t assume you will have cell phone or internet service.  They may be the first to be unavailable.  Are you sure about calling your mother-in-law?

Thank you so much for continuing to keep me updated. I really appreciate it. I am totally enjoying your service!--- New Buy, Sell, Hold subscriber G.C.

John’s reply:  We don’t always do the very best, but we always try.

The information presented in this newsletter is based on generally available news releases, corporate filings, current events, interviews and the editor’s opinions.  It may contain errors and you should not make investment decisions based solely on what you believe you have read here.  Do your own research, it is your money.  If you lose it, it is your responsibility, not ours or your grandmothers!  The editor may or may not have a position in any securities discussed.  The editor may have held a position in a security earlier, or in the future.

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