The Unsustainable US Dollar Coming Near You : PART TWO
The Unsustainable Dollar Coming Near You : PART TWO
As I stressed in the first article, at the present rate of insurmountable pressure, it is unlikely that the US dollar can remain untouched, or for that matter, keep from being rendered into worthless paper in the hands of a besieged American consumer. I do not say this jokingly or lightly. If you think it just can’t happen here-think again.
Our government has been irresponsibly managing its debt for decades only until just recently though has it gotten totally out of hand and beyond the ability of taxation or other measures to correct. Whether you are a Democrat or other party I will also say that it was in fact Democrat fiscal policy that has gotten us here since the Carter Administration and forward even though it was LBJ who began deficit spending in earnest in 1964 trying to fabricate his “Great Society” .
Those who argue that the Federal Reserve has provided the US economy with stability are dead wrong. In 1913 when Woodrow Wilson re-enacted the Federal Reserve Bank and the Revenue Department, soon to be the IRS, he unleashed an American financial plague. The stock market crash of 1929 and the resulting Great Depression were perfect examples of how little impact the Federal Reserve could have in the midst of a financial crisis. It was a nightmare that they could do nothing to rectify. In the words of Norman Dodd, a former banking expert, his superiors at Morgan Bank told him that the banking system would never be run on sound financial principles again.
When Franklin Roosevelt took office in the midst of the Depression and just before an impending World War II, he was the first American president to enact deficit spending in order to appropriate federal programs to stimulate employment. His spending directed the development of hydroelectric dams such as Hoover Dam. Modern US super highways began construction. National and state parks were constructed under the new spending in an effort to create much needed infrastructure while also providing employment to the masses. History still reserves a mixed verdict over the final outcome of federal intervention into the fiscal devastation that greedy bankers and investors alike had contributed to.
Other draconian measures that Roosevelt pursued during the desperation of the Great Depression years was the confiscation of all gold held by the public. Banks were closed with safety deposit boxes full of people’s life savings and most treasured possessions. As runs on banks depleted cash reserves, those who were financially stable also saw their earnings that they had deemed safe, confiscated by bank regulators, and were now relegated to homelessness.
As World War I veterans who had been denied their pensions camped in shanty towns near the US Capitol in protest for being cheated from their benefits, Roosevelt made another brutal decision. He ordered General Douglas Mac Arthur to command a military force and rout the poor World War I veterans, burning down their tent city. It was a savage way to treat veterans who had served their country proudly despite bloody entrenched warfare they faced.
The truth is that historically our government has always made decisions that perpetuate its own interests. The people of this nation will always come in a distant second or even worse when it comes to survival or when push comes to shove. Especially now with an additional 600,000 federal employees under Obama on the payroll who do not stimulate the economy, but only make the government bigger and more costly. The federal fraternity of employees only creates more of a financial drain upon the private sector. While generously awarding themselves benefits that exceed those of their private sector counterparts along with costly pensions that most employers would not provide.
Yet, this does not stop Democrats and leftists from pushing the spending agenda with absolutely no concept of how to balance a budget or attain fiscal balance. They seek only to buy voter support to keep themselves in power. The cronyism inherent in the Obama administration has spawned a lifelong crowd of Chicago career politicians with no practical job experience, and their policies clearly demonstrate this fact.
Presently, there is an ominous number of fiscal bills whose passage signal the onset of future catastrophic events that will require severe interventions into people’s everyday lives. Especially if there is social unrest and rioting. There is little doubt that such financially disastrous events will unleash a very angry reaction from a populace that has already suffered under the affects of federal mismanagement. The Democrats have put a number of financial laws into affect that are designed for dealing with a monetary collapse which will best suit the interests of the federal government if and when the monetary crisis arrives, and there is little doubt that it will.
How does a government subdue the masses when there is unrest? Especially when the excesses of the ruling class have put an angry public in their present poor circumstance? How will the political leadership who has lied incessantly to its constituents handle a financial tragedy on a scale not seen in decades as millions suffer unemployed, starving, and seething with hatred for being deceived and betrayed by their fork tongued lawmakers, Congressmen, and Senators. It will be a situation that will rapidly be transformed into martial law. Then we will really see who is on the side of the people once police, National Guardsmen, and armed forces are ordered to subdue their own citizens.
How did the Soviets handle insurrections? They deployed armies from remote regions from across their vast empire to attack and subdue the populace of a different culture or far removed region, but through out Russian history it’s clear they had no compunction about lashing out at their own kind under brutal rule.
What have we seen here in America lately. Anybody remember the G-20 meeting held in Pittsburgh? Several Youtube videos clearly portray what’s in store for people who want to come up against well equipped jack booted Nazi type law enforcement as they beat their fellow Americans into submission with clubs.
In Pittsburgh, specially equipped police who could not be visually identified, ran down peaceful protestors from across streets and beat them. Anyone with a camera was harassed if possible. The law enforcement henchmen even unleashed a new weapon for riot control that was not even necessary at the time it was deployed. A motorized piece of equipment that generated crushing decibels of sickening sound waves designed to incapacitate individuals rolled along down the street as innocent bystanders and pedestrians with children cringed and bent over at times or merely ran away from the awful affects of the assault. Now do you think that a government that really cares for its people would do that to them unprovoked? Do you?
This incident in Pittsburgh in relation to the close proximity of many world bankers, corrupt international statesmen, and authorities who are discussing exactly what they will do with the future of humanity that they deem themselves so superior to is but one example. Yes, right here in America we can see the signs of a US government that does not bother to protect our borders, prosecute black criminals for harassing people at voting sites, and tells us that we can actually absorb a nuclear detonation does not sound like a caring kinder and gentler government that adheres to our Constitution. No sir.
So now I suppose you’re asking what do we do. There are things you should be doing. You should invest in gold and silver as recently George Soros, the socialistic billionaire just bought 600 million in a gold bouillon traded exchange. China and Russia are buying gold like its going out of style. Silver has the capacity to grow at a greater percentage than gold but will always remain beneath the price of gold.
Farm land will be a good investment not only as an investment but also to take refuge from food rioting within the cities. Growing your own food even though the fed tried to make growing one’s own food illegal in the recent Bill S-510 which would make it a crime to grow your own crops or sell them to a neighbor is strongly recommended. What madness has been unleashed? I ask you who sit on the fence uninformed or still have complete faith in your government?
Get your money out of the country now while you can and invest in precious metals or foreign real estate which can be very cheap in certain jurisdictions. Seek the advice of an attorney or tax advisor to help.
Buy stores of food and water. A six month supply of non perishable food and water would be very wise to pursue just in case. This may or may not be enough, but it is better to be prepared than to be caught with your pants down in the midst of a financial melt down. There it is. I wish I could be more specific. Please prepare.
As I stressed in the first article, at the present rate of insurmountable pressure, it is unlikely that the US dollar can remain untouched, or for that matter, keep from being rendered into worthless paper in the hands of a besieged American consumer. I do not say this jokingly or lightly. If you think it just can’t happen here-think again.
Our government has been irresponsibly managing its debt for decades only until just recently though has it gotten totally out of hand and beyond the ability of taxation or other measures to correct. Whether you are a Democrat or other party I will also say that it was in fact Democrat fiscal policy that has gotten us here since the Carter Administration and forward even though it was LBJ who began deficit spending in earnest in 1964 trying to fabricate his “Great Society” .
Those who argue that the Federal Reserve has provided the US economy with stability are dead wrong. In 1913 when Woodrow Wilson re-enacted the Federal Reserve Bank and the Revenue Department, soon to be the IRS, he unleashed an American financial plague. The stock market crash of 1929 and the resulting Great Depression were perfect examples of how little impact the Federal Reserve could have in the midst of a financial crisis. It was a nightmare that they could do nothing to rectify. In the words of Norman Dodd, a former banking expert, his superiors at Morgan Bank told him that the banking system would never be run on sound financial principles again.
When Franklin Roosevelt took office in the midst of the Depression and just before an impending World War II, he was the first American president to enact deficit spending in order to appropriate federal programs to stimulate employment. His spending directed the development of hydroelectric dams such as Hoover Dam. Modern US super highways began construction. National and state parks were constructed under the new spending in an effort to create much needed infrastructure while also providing employment to the masses. History still reserves a mixed verdict over the final outcome of federal intervention into the fiscal devastation that greedy bankers and investors alike had contributed to.
Other draconian measures that Roosevelt pursued during the desperation of the Great Depression years was the confiscation of all gold held by the public. Banks were closed with safety deposit boxes full of people’s life savings and most treasured possessions. As runs on banks depleted cash reserves, those who were financially stable also saw their earnings that they had deemed safe, confiscated by bank regulators, and were now relegated to homelessness.
As World War I veterans who had been denied their pensions camped in shanty towns near the US Capitol in protest for being cheated from their benefits, Roosevelt made another brutal decision. He ordered General Douglas Mac Arthur to command a military force and rout the poor World War I veterans, burning down their tent city. It was a savage way to treat veterans who had served their country proudly despite bloody entrenched warfare they faced.
The truth is that historically our government has always made decisions that perpetuate its own interests. The people of this nation will always come in a distant second or even worse when it comes to survival or when push comes to shove. Especially now with an additional 600,000 federal employees under Obama on the payroll who do not stimulate the economy, but only make the government bigger and more costly. The federal fraternity of employees only creates more of a financial drain upon the private sector. While generously awarding themselves benefits that exceed those of their private sector counterparts along with costly pensions that most employers would not provide.
Yet, this does not stop Democrats and leftists from pushing the spending agenda with absolutely no concept of how to balance a budget or attain fiscal balance. They seek only to buy voter support to keep themselves in power. The cronyism inherent in the Obama administration has spawned a lifelong crowd of Chicago career politicians with no practical job experience, and their policies clearly demonstrate this fact.
Presently, there is an ominous number of fiscal bills whose passage signal the onset of future catastrophic events that will require severe interventions into people’s everyday lives. Especially if there is social unrest and rioting. There is little doubt that such financially disastrous events will unleash a very angry reaction from a populace that has already suffered under the affects of federal mismanagement. The Democrats have put a number of financial laws into affect that are designed for dealing with a monetary collapse which will best suit the interests of the federal government if and when the monetary crisis arrives, and there is little doubt that it will.
How does a government subdue the masses when there is unrest? Especially when the excesses of the ruling class have put an angry public in their present poor circumstance? How will the political leadership who has lied incessantly to its constituents handle a financial tragedy on a scale not seen in decades as millions suffer unemployed, starving, and seething with hatred for being deceived and betrayed by their fork tongued lawmakers, Congressmen, and Senators. It will be a situation that will rapidly be transformed into martial law. Then we will really see who is on the side of the people once police, National Guardsmen, and armed forces are ordered to subdue their own citizens.
How did the Soviets handle insurrections? They deployed armies from remote regions from across their vast empire to attack and subdue the populace of a different culture or far removed region, but through out Russian history it’s clear they had no compunction about lashing out at their own kind under brutal rule.
What have we seen here in America lately. Anybody remember the G-20 meeting held in Pittsburgh? Several Youtube videos clearly portray what’s in store for people who want to come up against well equipped jack booted Nazi type law enforcement as they beat their fellow Americans into submission with clubs.
In Pittsburgh, specially equipped police who could not be visually identified, ran down peaceful protestors from across streets and beat them. Anyone with a camera was harassed if possible. The law enforcement henchmen even unleashed a new weapon for riot control that was not even necessary at the time it was deployed. A motorized piece of equipment that generated crushing decibels of sickening sound waves designed to incapacitate individuals rolled along down the street as innocent bystanders and pedestrians with children cringed and bent over at times or merely ran away from the awful affects of the assault. Now do you think that a government that really cares for its people would do that to them unprovoked? Do you?
This incident in Pittsburgh in relation to the close proximity of many world bankers, corrupt international statesmen, and authorities who are discussing exactly what they will do with the future of humanity that they deem themselves so superior to is but one example. Yes, right here in America we can see the signs of a US government that does not bother to protect our borders, prosecute black criminals for harassing people at voting sites, and tells us that we can actually absorb a nuclear detonation does not sound like a caring kinder and gentler government that adheres to our Constitution. No sir.
So now I suppose you’re asking what do we do. There are things you should be doing. You should invest in gold and silver as recently George Soros, the socialistic billionaire just bought 600 million in a gold bouillon traded exchange. China and Russia are buying gold like its going out of style. Silver has the capacity to grow at a greater percentage than gold but will always remain beneath the price of gold.
Farm land will be a good investment not only as an investment but also to take refuge from food rioting within the cities. Growing your own food even though the fed tried to make growing one’s own food illegal in the recent Bill S-510 which would make it a crime to grow your own crops or sell them to a neighbor is strongly recommended. What madness has been unleashed? I ask you who sit on the fence uninformed or still have complete faith in your government?
Get your money out of the country now while you can and invest in precious metals or foreign real estate which can be very cheap in certain jurisdictions. Seek the advice of an attorney or tax advisor to help.
Buy stores of food and water. A six month supply of non perishable food and water would be very wise to pursue just in case. This may or may not be enough, but it is better to be prepared than to be caught with your pants down in the midst of a financial melt down. There it is. I wish I could be more specific. Please prepare.
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