(And the effort begins… “Obama’s Stocks“? A Bloomberg “business” story with no mention of Inflation due to the Quadrupling of the Money supply. Drudge led with this today… And I’m following up with a purposeful repost from 011513)
What you are about to see…
In a couple of years or less there will be news stories touting the flood of new Millionaires. It will be attributed to the Brilliance of the President’s Socialist economic policies which are Keynesian in nature.
This will happen.
But what will be left out is that a Million dollars will buy you a loaf of bread.
While that will hopefully be an exaggeration, the cost of basic necessities has almost doubled since the President took office and there appears to be no end in sight.
The general public has… I would say “no understanding” but that might be generous… a negative, or less than any, understand of the relationship between a dollar and a dollars buying power.
One must first understand that the only reason a “Million Dollars” means anything is because of what it can buy… not because it’s a big number. I possess a Zimbabwe 1-Trillion Dollar note. This does not make me rich. It has no buying power, so aside from its representation of what we as a country are headed for, it has no value. It’s worthless. And… it’s WAY more than a Million Dollars.
We need to be ready for all the stories about recovery using inflated dollars to substantiate them. I hear the presses being inked as I tap this out.
Considering the Left is willing to equate anyone trying to stop irresponsible spending and the subsequent destruction of the greatest nation on the planet to slavery… you know the stories are being written right now.
Because no one wants to read about economic collapse…
Get your wheel barrows ready… you might have to go to the store for bread.
But we’ll be Millionaires!
And the Left will take credit… unless we see it for what it is, then they’ll blame everyone else.
6 Comments | tags: debt ceiling, deficit spending, Economic collapse, food lines, inflation, millionaires, obama's stocks highest, stock market going strong, stocks hit 5-year high, zimbabwe | posted in economics, investing, News, politics, Uncategorized
Please keep taxing the American People in a way they cannot understand…
Please keep making their hard-earned savings worth less and less by adding more money to the money supply…
Please keep using terms like “Quantitative Easing” instead of “Printing Money” just to make sure everyday American’s never catch on…
Please keep doing what the Germans did to their economy before WWII… and Zimbabwe… and many others where greedy Socialists couldn’t keep their hands off the money supply…
Please keep thinking we are too stupid to understand what you are doing, let alone make decisions for ourselves…
Thank you for your devoted work.
2 Comments | tags: africans, Bernanke, capitlism, depression, Economic collapse, Fascism, Federal Reserve, free-markets, germans, greedy socialists, Keynes, obama, printing money, quantitative easing, Recession, Socialism, stealing your money by printing more of it, Weimar germany, Yellin, zimbabwe | posted in economics, News, politics, Uncategorized
Goldman Sachs has gotten away with destroying the United States… or at least that MUST be what you think if you’re Liberal Democrat.
Seems odd that it is a Liberal Democratic Administration that has refused to prosecute these criminals.
A few months back I tapped out a post outlining why Goldman et al. would get away unscathed in real terms. It’s worth the link… Obama and the Evil Bankers.
What will be truly interesting is what I predict to be a deafening silence from the Left. Considering 6-years have been spent rewriting history to make the bankers out to be responsible for all the evil in the world… so much so that the current Administration used it as a center piece for their very successful election campaign.
What will also be interesting is what will the media do now?
They can’t blame Bush anymore because the public is having none of it.
They can’t blame the banks anymore when the Administration has made it clear that they don’t.
So how do they speak to the collapse of the U.S. Economy?
Will the national media have to actually place blame where it belongs… squarely on the shoulders of Barney Frank, Chris Dodd and Bill Clinton? Or will they simply stop talking about it? I mean, what would you do? If you had to go back and correct 6-years of a purposely contrived narrative would you do it? Or, would you just stop talking about it completely and move on to the next story while banking on the government addicted, drug addled, poor short term memory of the Liberal progressive base?
Well, there are others of us out here and we’re listening… are those crickets, or just useful idiots?
By the way, are you Occupiers paying attention? What exactly are you putting your trust and faith in? Why do you pledge support to an ideology of Socialism that depends on your being ignorant? When will you get fed up and truly pay attention… not just posing like you do. Go home, tell your parents you appreciate them then move out of their basement, take a shower and get a haircut. Get a job.. any job, rent an apartment and NEVER take a handout. If you can do these simple things… all else will come clear. You will be amazed.
In regard to the rest of the Leftist voting block… if you’re not suffering an enormous amount of cognitive dissonance then you are too far gone to participate in any discussion, let alone the electoral process.
At least some things are so consistent as to be predictable… cheers to that.
Leave a comment | tags: Economic collapse, Evil Bankers, Goldman Sachs, Obama Administration, occupy wall street | posted in economics, News, politics, Uncategorized