This Administration has stepped out of bounds so many times that we’ve lost count — and been forgiven for it, each time. But they mount up just the same.

Sooner or later, they will take a step too far. Sooner or later, a voice of reason will call out, loud and clear: “Have you no sense of decency, sir?”

Are we approaching that moment, with the President trying to ransack savings accounts for our children’s educations? That’s what I was asking.

What does the old tv reference for jumping sharks have to do with winning or losing a war?

Very true words spoken by Thatcher; however, I don’t have enough faith in the American voter to understand that. Especially after voting for Obama twice; too many Americans think that they will get the free ride while someone else pays.

Battle for Spain!

It is a head scratcher for economists. The world’s economies are not responding as they always have since the 1800s. I admit that I have no idea what is happening. Nor do I have any idea what is coming. Those of us who are retired and are living off our life savings are in a bind. We cannot earn much on risk-free money, but the situation in the equities markets is so bizarre and risky that the only way we feel safe to participate is as a trader. In some instances as a day trader.

It is always possible, I guess, that at some point the money creation will reach a stage where things revert back to the norm and inflation returns with a vengeance. If that occurs, our retirement nest eggs will all lose value unless we are smart and nimble enough to be in commodities at the right time. Good luck to us all on that point.

If the government comes in and takes some or all of those savings, I suppose retirees like me will be forced to live on Social Security alone. Such a move by the government would, IMO, result in such a massive protest by the retired and near retired, that it would reverberate around the country in the form of violence by grey panthers.

But who knows? I never would have believed the citizenry would put up with the things that Obama has done to this point. Of course, I would never have believed that we would add $8 trillion to the debt in 6 years. (An 80% increase from the $10 billion at the beginning of his term.) The taxers and spenders (the Democrats) are desperate for new money to spend (which they call investing) on their utopian ideas. No one’s money is really safe.