10 More Self-evident Truths

Last summer I posted a list of 10 self-evident truths .. see: 10 Self-evident Truths. Recently there has been a spate of references to this older post, therefore I think it may be time to update this list with 10 new ones:

- The Clinton Foundation mainly just holds belly-rubbing meetings

- Political pundits are almost always wrong

- Organic food is often just more expensive

- Gluten-free is popular because it gets rid of most farting

- The NFL is an extremely profitable non-profit entity

- Iran is secretly building atomic weaponry

- Al Sharpton won't pay his millions in back taxes

- The EPA is trying to bankrupt the American coal industry

- Most vitamin supplements are pissed away

- ICE does not "enforce" immigration laws

Robins Return

We already know that every year the White House celebrates the feast at the end of the Muslim holiday, Ramadan ... see: The Hill Article. But now we are learning that Michelle Obama is putting out the good china to honor Nowruz, the beginning of the Iranian spring ... see: Breitbart Story. Yes, yes we know that our shadow president, Valerie Jarrett, was born in Iran and that our fearless leader has been exchanging love letters with the Ayatollah there ... see: Billets Doux ... and Barry baby is also hell-bent on allowing Iran to get atomic weaponry. But why oh why is our White House also celebrating, along with the largest sponsors of international terrorism, the return of the robins?

Or maybe, in Iran, it's vultures ...

Deflation

Despite all the best efforts of our Federal Reserve Bank and other national banks around the world to promote modest monetary inflation, we now appear to be entering into a period of increasing worldwide deflation. This is prompted by the geo-political turmoil and by the decision of the Saudi Arabian government to push down the price of oil … see: The Bow. In many ways this oil price decrease is good for the United States since it strengthens the dollar, reduces the cost of living for normal Americans, and makes our enormous national debt an easier burden. (But it also makes our exports more expensive to the rest of the world.)

However, falling oil prices will cause major problems elsewhere in the world … in particular, many OPEC members’ budgets are dependent on higher oil prices and may suffer major economic dislocations if such lower prices persist … see: UK Telegraph Story. Like, for instance they might not be able to subsidize terrorist activities around the world … or may have to cut back on their development of atomic weaponry … or they might even have to stop promoting the adoption of Sharia Law (and all the evil that this entails) in non-Muslim countries?

But, unfortunately, I also believe that these deflationary pressures might eventually grease the skids for rampant inflation when it eventually does re-appear its ugly head. So enjoy things while they are good.