Obama: ‘No Nation Dares to Attack Us’; and Pressure Mounts on Angela Merkel

 

Listen to the Trumpet Daily radio program that aired on January 13.

China Reacts to Obama’s State of the Union: America is in Decline

In his State of the Union address on Wednesday, President Obama mentioned China a total of three times.

One was to praise China’s commitment to cut carbon emissions. The second was to encourage American manufacturing executives to bring back jobs from China. The third was a call-to-arms to prevent China from writing the trade rules in the Asia Pacific.

China watchers inhaled sharply at this third point, given the sensitivity in China about who should be calling the shots in Asia. However, the media coverage in China of Obama’s remarks has been surprisingly restrained, suggesting that the leadership does not want to encourage anti-American nationalist fervour at the moment.

Bear Bombers Over Guam

It goes without saying as to why the U.S. need not suicidally reduce its nuclear weapons stockpile. Granted, the Russian bombers were older models from the Cold War era. However, it gets the job done in the probing of American defenses and reactionary maneuvers to learn the targeted country’s plans.

What’s more, it makes for a great dry run for the more advanced fighter planes the neo Soviet Union possesses that America hasn’t really gone up against and knows less about. Today’s times in the world are very dangerous, yet Americans are too busy following the Kardashians or the Super Bowl to care. So long as the American Shopping Mall Regime, propped up only by hot air, can still buy something, why worry?

Russian nuclear bombers circle Guam

Two Russian nuclear-armed bombers circled the western Pacific island of Guam this week in the latest sign of Moscow’s growing strategic assertiveness toward the United States.

The Russian Tu-95 Bear-H strategic bombers were equipped with nuclear-tipped cruise missiles and were followed by U.S. jets as they circumnavigated Guam on Feb. 12 local time—hours before President Barack Obama’s state of the union address.

America Is Looking a Lot Like Ancient Rome — or Is It Modern Greece?

In 1935, one U.S. dollar would buy you 1/20th of an ounce of gold. By 1968, it was down to 1/35th of an ounce of gold. Today, one dollar will buy you only 1/1,750th of an ounce. The same thing happened against silver. In 1968, one dollar would buy an ounce of the silver metal. Today it will only buy you a mere 1/32 of an ounce.

Talk about debasement.

And the dollar hasn’t plunged just against precious metals. Against copper, nickel and zinc—the metals found in pennies and nickels—it is in free fall too. In fact, the dollar has plummeted against orange juice, whiskey, beans, bullets, pork bellies, single family houses, automobiles, coal, oil, good suits, healthcare, tuition, labor costs—and virtually every measurable commodity. If you can name it, it probably cost more today than it did 30, 10, or five years ago—probably more than it cost last year.

The mint reports that if it replaced the copper-coated zinc penny (it took the copper out of the penny in 1982 because it was too expensive) with a steel one, it would still not be profitable. What’s cheaper than steel? Tin? Nope a penny’s weight of tin would cost more than a nickel. A penny’s weight of aluminum would cost 2 cents. Lead is little cheaper. See the problem?

How about plastic? Anyone for a plastic penny? Clay? Asbestos?

Calls to just get rid of the penny altogether are growing louder. But that will only hide the danger to the dollar for a little longer.

And don’t be fooled. The dollar is in grave danger.

Full article: America Is Looking a Lot Like Ancient Rome — or Is It Modern Greece? (The Trumpet)