Political Correctness and National Security

Life, Liberty, & the Pursuit of Happiness

New York Times, Washington Post, Los Angles Times, etc. should be very careful about how closely they align themselves with political parties, political personalities, and political issues in their effort to be politically correct.

As politicians and bureaucrats obtain more and more centralized planning they will, as Friedrich Hayek believes, employ more and more censorship and coercion.  It will be more common place to prevent the free flow of information   It will begin in benign and insignificant ways and then more and more pressure will be applied to FREE press to comply with political correctness.

This same approach will be used to control the usage and content of the Internet.  Laws will be passed and regulations written to limit the use of the Internet with national security being the excuse for such a move.  More and more surveillance of content on the Internet will happen and it will travel down this road to total control.

Historically the press has been the fourth estate that kept the government and politicans honest.  With the decline of objectivity and honest reporting of facts our country is heading down a long and dusty road to a terrible ending with some brutal consequences.

Free press cannot remain free if it tries to be politically correct and does not question the legitimacy of national security propaganda.

The Future: More Confusion

Life, Liberty, and the Pursuit of Happiness

Truth:  Capital flows in the direction of the highest RETURN with the least amount of RISK

Citizens have re-elected the most divisive socialist I could have ever imagined but that is what they want (at least half of the voters).  For investors, such as myself, we have to consider the anti-business environment that this President brings to the table along with a complete agenda to transform America.

2012 Obama Re-Election Consequences for Investors to consider:

• inflation (all business segments and asset categories) (consumer prices)
• Cap-and-Trade will reemerge as an issue 
• 2013 higher taxes (Obamacare) (estates) (capital gains) (personal)
• appointment of more liberal justices looking to punish business concerns even more and re-interpreting the constitution 
• divisiveness (House vs. Senate and President) (Republicans vs. Democrats) (Budgets)
• redistribution of wealth issues will intensify (entitlement programs will expand)
• private property issues will intensify (guns, etc) 
• debt and deficits increase by unholy amounts (Democrats trying to spend their way to prosperity)
• terrorism intensifies (lower military spending)
• zero interest rates for investors (bonds, CD) for years to come (FEDERAL RESERVE)
• rising health care insurance rates (Obamacare) (DHHS)
• private hospitals will be put under extreme pressure (DHHS) to reduce costs
• fossil fuels will be demonized and prices increase (oil & gas, coal) (EPA)
• labor unrest will intensify as business profits are put under increasing downward pressure (NLRB)
• multinational corporations will move more off-shore to avoid regulatory problems
• avoiding higher taxes and regulations will become business and investor highest priority
• Multinational Corporations will not repatriate their foreign profits back to America (IRS)

Research to understand to evaluate the following issues:

• investments that can stay up with inflation (multinational corporations?) (FEDERAL RESERVE)
• industries that will not be demonized and/or harmed (EXECUTIVE ORDERS) (EPA)
• avoid higher taxes where possible (Cayman Islands?) (IRS)
• industries where regulatory pressure will be applied (NLRB, DHHS, EPA, Dodd-Frank)
• currency devaluation (FEDERAL RESERVE)
• Foreign investments
• Real Estate
• Industries that Democrats like