200: Proof Of Stupidity In Organized Sports

As proof that stupidity rises to the top in organized sports, consider the "Taunting" rule in the NFL.  Currently, almost all defensive players strut like mentally deranged peacocks after every routine tackle, and they are never penalized.  Yet a player on offense who spins the football (which is called a "fuhball" in the sport's vernacular) on the ground too close to the defensive player, is penalized. 

The rules of course are promulgated by the best minds the NFL has to offer.

199: Discovering BO With No Clothes

In the midst of this current "crisis du jour," that being the ISIS threat, the usual fawning coverage of BO has turned sour.  It seems there are more and more lefty so-called "journalists" (who are really just editorial writers and talkers) who have discovered that BO can neither manage nor lead anything, let alone the most demanding and complicated executive office on the planet.  These stupid BO voters, supporters and apologists deserve what they get.  Unfortunately, those of us who could easily see that BO had zero experience to become the most powerful man on the planet also get the short end of the stick, even though we knew BO would be a disaster.

Let's face it.  This is what you get when you vote for someone just because he is black.

198: Economic Prediction

The "Fed Funds Rate" will not exceed 1% until sometime in 2017.  That means that interest rates on money market funds and other short term accounts for savers will continue to be close to zero.  It also means that mortgage interest rates will continue to be near the lows of my lifetime, and I'm almost 64 years old.  The ocean of money that circles the globe every day will seek historically "reasonable" returns, perhaps something in the range from 5% to 15%, depending on the risk tolerance of that particular segment of the ocean.  This means that bonds, stocks and real estate will all continue to rise.  This trend has been in existence since mid 2009.  It may well continue for another five or ten years.  But it will not always be so.

This super low interest rate environment is seen as normal to the world's consumers who are in their early 30s or younger.  Eventually abnormally low interest rates will cause abnormalities, which in turn will cause economic turmoil and dislocation - in other words a recession or something worse.  Those politicians and government bureaucrats responsible for fostering the environment to create the turmoil will all be doddering and drooling oldsters or dead. 

You can thank Tim Geithner and Ben Bernanke for most of this mess.

197: Home Ownership and FNMA

"According to consumer research conducted by Fannie Mae, the primary barrier to homeownership for first-time home buyers is saving money for the down payment and closing costs."  This is the first sentence on a fact sheet published by FNMA to promote the 97% LTV mortgage.  So if you are too lazy or stupid or undisciplined to save enough money for a down payment, FNMA will help you make the biggest financial commitment of your life, for which you are completely unprepared and unqualified. 

This entire proposition is being backstopped by none other than YOUR FEDERAL TAX DOLLARS. 

196: More Idiots For Obama

Today, BO officially killed the Keystone Pipeline project.  After wimping out for six years, BO now comes out, chest thumping, and flanked by Kerry the House Boy and Biden the Plagiarist, and tells business people who were willing to risk personal fortunes that they cannot hire thousands of workers who would have used their wages to support their families and contribute to the overall economy.  Congratulations BO.  You really know how to drive economic growth.  Hire more government bureaucrats to clog the arteries of American business.