Tag Archives: printing money

Short Attention Span

I’ve already forgotten:

We’re bankrupt.
We’re printing money, and paying bills with it, because we don’t have any.
We’re playing with the unemployment numbers and the best we can do is call it “crappy” where it was once called “criminal”.
We’ve Socialized Medicine and it’s costing all of us more money than ever before… but Socialism always works, so no problem.
We’ve sent Assault Rifles to Mexican Drug Cartels and it’s OK.
We have a new “unspoken” policy of allowing our Diplomats overseas to be Murdered.
We have completely given up all Rights to Privacy and apparently condone the NSA spying on us.
We believe the IRS should be able to target Americans based on their political beliefs.
We agree that we need a Domestic Military, called DHS, designed to apply force within our borders.
We enjoy being groped at the airport by the individuals who could not qualify to be police officers.
We continue to believe the housing market collapse was caused by “greedy” banks.
We think there are still people starving in the United States while facing an Obesity Epidemic.
We’ve decided that what used to be called welfare is actually an earned benefit.
We think a consensus is an appropriate replacement for the scientific method.

We believe it when our politicians tell us they will do something.

What was I talking about?


It’s Always the Right Time…

..to cut Government Workers residing in the Bureaucracy.

The primary issue for the upcoming mid-terms will now be the Corruption of Government.  Rightly so.  But it was going to be “just” the size and scope…

The Democrats were ready for this and are preparing to argue the time is not now to “put hard-working people out of work”.  Particularly during a period of high unemployment and a precarious recovery underway.  (Both of which were supposed to be solved by now through all of our money, as well as money magically created on a printer, being thrown to the wind in the name of the Obama Stimulus.)

The “hard-working people” in this case are Government Employees… who would necessarily lose their jobs when government is reduced in size and scope.

This is one of the reasons I do not believe the scandals at the IRS and DOJ were intended to be discovered.  Not only does it take the focus away from any conjured success the Administration can point to in various areas where government has become obese, it also creates a hostile environment within which to convince voters that every government employee is “hard-working”… at least hard-working in a way we would want them to be.

This will also be the defense used to protect Obama Care.  Should a repeal, or de-funding, movement gain any real traction the Administration will fall back on the number of people who will be put out of work should it happen.  It’s all they will have.

If our candidates genuinely believe what they profess to believe, then it is always the right time to “free the workers enslaved by a government paycheck” and allow them to enjoy life within the private sector.  We will welcome them with open arms.  It could be enlightening for them to join the rest of us in the world we have to live.

We would all stand to benefit because, the private sector is in desperate need of workers willing to do the jobs Unions will not do.

But there lies the rub.

An Insurance policy has been put in place by the Leftists.

The Unions have been working diligently to raise the minimum wage across the country, and in correlation raise the base Union wages.  They have been successful.

By raising the Minimum Wage levels they are pricing entry-level jobs out of existence.  Employers simply cannot afford to hire low-skilled workers and train them.

By raising the Minimum Wage levels, they are making business risk too sever.  Entrepreneurs cannot afford the labor cost to take the risk of starting a new business.

And, by raising Minimum Wage levels the rest of us are finding our dollar only goes half as far as it used to.  Because, those business struggling to keep the doors open have to raise their prices strictly due to the cost of labor.

The Unions are punishing all of us.  And, they are too focused on Socialist ends to care.

The war on economic prosperity is in full swing.  The Progressive Socialists are winning.

It may be time to start thinking in Black and Gray.


DISTRACT

The United States is Bankrupt.

The U.S. Government continues to deny the fact they caused the problem in the first place… supposedly with the best of intentions.

The Federal Reserve is reduced to printing as much money as possible because they believe it is the only tactic which THEY can “save” the entire system.

The public is starting to understand that every time the Federal Reserve prints more money it immediately devalues everything they have saved.

The public is realizing that QE or Quantitative Easing which is this act of printing money that should otherwise not exist is nothing more than taxing all those responsible enough to have put away for their retirement, own their home, own their business etc.

The public is seeing clearly that this tactic is not working.  (In fact, it has never worked anywhere in the world.)

There is no growth.

Unemployment is flat… and it’s only that “good” because the numbers a being played with.

The stock market is going up, but only because the rest of the world is terrified at what is going on in their countries so they are putting their money in the U.S.  This will stop very soon, once the majority of wealth has been relocated.  Then what?

The EPA is taking control of every industry in the United States through existing, and many new, onerous regulations.

Our President Fiddles While The Middle East, Korean Peninsula and Rome Burns…

So… these are the issues we are being told by the press to pay attention to? RIGHT NOW!

Gay Marriage.

Illegal Immigration.

Racial Discrimination.

Fairness.

Let me ask, does addressing any side on any of these issues solve our current race to fiscal oblivion?

No.

All that should matter to us, at least any of us who love the country as it was founded with Individual Liberty being paramount, are the Four Horsemen of the Fiscal Apocalypse.

1.  Social Security

2.  Medicare

3.  Medicaid

4.  And Now… Universal Healthcare

Yet we sit on our hands arguing about Social Issues.  Social Issues which will mean nothing when the economy collapses… we suffer food shortages… energy rationing… riots.

The insult we must all confront is an ever-present resistance to spending reductions of any kind.  This latest resistance to a mere 5% cut IN THE GROWTH RATE of spending bringing it down to 5% should have brought us all out into the streets.  That it did not frightens me the most.  But it empowers those in charge.

We are in trouble and those who find it acceptable are desperate to distract all of us from what is important.

If we don’t deal with the Four Horsemen there will be no country left to deal with any imagined social issues.

First things first.

Unless the collapse of the country’s economic system is desirable we are headed the wrong direction… fast.  Cloward and Piven will tell you it is and everything is going perfectly.

This is the moment.

It’s happening right in front of you.

It will not become any clearer.

You’re being played…

Just ask the common folks who considered themselves “enlightened democratic socialists” in Europe.

Better stock up on your Port, Chianti and Champagne while you can.


Why Cyprus Kinda Matters…

There is a cooking process that is required to create the perfect Creme Anglaise.
While Stalin’s Omelet recipe requires “breaking some eggs…”
Soros’ Creme Anglaise recipe requires “tempering” them.

(George’s recipe is more delicate and sophisticated.  We should expect nothing less from a Socialist graduate of the London School of Economics.  By the way, Soros is a horrible man.  The more you learn about this guy, the creepier and more dangerous he appears.  I recommend looking for yourself.)

He knows, If you heat your eggs too quickly… they scramble.

And, That’s Bad.

You have to bring the mixture “to temperature slowly” to attain the perfect texture.

Cyprus is the first part of that process.  They are the egg yolks brought just to the point of boiling, separate from the whole.  Then slowly mixed back in…

They are a very small, isolated, portion of the EU… the “only people hurt” will be a select few citizens of Cyprus and a reasonably large block of “Rich Russians” who are already being positioned as criminals.  They might be criminals, but why is that important?  These two factors are important because we don’t want to scramble these eggs before we add them into the rest of the Euro Zone.  Nobody likes “Rich Russian Criminals” and there are too few Rich Cyprus Citizens to get angry… besides, they’re “Rich”… we all hate the “Rich” people right?  Make no mistake, this is a gentle business.  Once you scramble the eggs you can’t un-scramble them, so finesse is required.  But the Socialists have proven it can be done.  (Which I’ll explain shortly.)

The rest of the Euro Zone is the mixture that needs to accept the hot egg mixture and be brought to temperature.  In other words, they must be OK with the idea that the International Monetary Fund can seize the property of those who live in the zone.  For that matter, it must be perceived by a majority that it is “OK” to seize the property of those who simply have DEPOSITS in BANKS within the zone.

This is the perfect custard that Soro’s seeks.

Cyprus must be brought right up to the boiling point without going too far.  Then they must be slowing added “back into” the rest of the Euro Zone… which prepares the rest of the Zone for what’s next.

And what’s next is Italy, Spain, Portugal etc.

This is why the Germans are losing it right now.  They have propped up the Zone and see what is headed their direction.  (Just a note: These are the types of things that lead to war.)

But is Cyprus a big deal to those of us in the United States?

Well, the short answer is, aside from the possibility of that war thing, No.  No it’s not a big thing… because it has already happened here and we all seem to be OK with it.

In fact, it has happened in two different ways.

First, the U.S. population appears to be “fine” with the idea that the Government can Nationalize a Privately Owned Auto Manufacturer in the name of “the general welfare” clause, “general” in this case meaning their biggest donors.  I might have to remind some of you that the U.S. Government went “Full Socialist” by wiping out the owners (Bond Holders) of General Motors in favor of keeping the Unions alive.  It was nothing short of Communism on Display.  Period.  And, you’re good with it.  (Don’t argue with me… you’re good with it.  Are you talking about it?  Do you hear anything about it anymore?  Did you go buy a new Camaro?  That’s what I thought… you’re good with it.  So stop complaining and keep giving Socialism a big wet sloppy kiss.)

Second, the U.S. Population appears to be “fine” with the Government “printing” as much money as it sees fit.  In other words, simply creating money out of thin air.  Magically.  And by doing so, devaluing your savings in proportion.  The Euro Zone cannot do this… trust me, if they could they would be… like crazy.

Wait!  What did he just write?  Devaluing MY savings!?

Yes… just like in Cyprus.  Surprise!  Devaluing and Seizing are the same thing… save devaluing is just complicated enough for you not to fully understand what’s happening.

Every dollar The Fed prints devalues a dollar you saved.  When the Federal Government issues another series of Quantitative Easing (QE) adding 30% to the existing money supply it takes your dollar which was worth 100 pennies and makes it worth 70 pennies.  And this doesn’t just effect the “Rich Russian Oligarchs”… it effects every man, woman and child in this country, and anyone else who has deposits here – or owns “a dollar”.  Cyprus in Nothin’!  Our Fed has done it to not just us, but to the Whole World!

So Cyprus doesn’t matter because they have already been doing it to us and we are still sitting around smiling with our thumbs up our Collective Samovars.  And the way the Socialists see it, as long as our Animal Spirits don’t wake up to the fact that our property is being seized right out from underneath us, or if they do and we don’t care, then everything is good.

In the end, Cypress only Kinda matters…

Whether we like it or not, we’re all about to get Creme’d.  The Writing is on the Menu.

Instead of Cognac, try Tequila in your Creme Anglaise… actually that would probably make it Crema Mexicano, but it works really nicely.  That is, when I have any tequila left… which is Kinda Silly.

(I’m also fully aware that Robespierre, Lenin and Stalin have been attributed to the “Break a few eggs…” quote.  While I prefer Tovarisch Stalin… you can choose. I’m good with any one of them.)


Print, Print, Print.

Determined to reproduce the economic successes of Weimar Germany and Zimbabwe the Federal Reserve has decided to fire up the presses once again.
Excitement ran through Wall Street today as the news of this brilliant new shot in the arm of “quantitative easing” was announced.
Well… not excitement… more like a panicked rush to buy ownership interest (stock) in companies most of us think will be around even if the economy melts down completely. You see, owning a percentage of a company cannot be devalued like the dollar. Companies can’t just print more stock thus devaluing your shares.  In fact, each time the Fed turns on the presses they tax you without you knowing/understanding it.  Stay with me here… if you have a dollar that has the buying power of “a dollar” then I decide to print another dollar and give it to you because I think you’re cool then you have two dollars… with the total value of “a dollar”.  You just got taxed 50%!  How do you feel about that?  If you listen to the media, you reportedly feel pretty good.  Ignorance is truly bliss…
The market going up has very little to do with a healthy U.S. but more to do with a serious concern over its illness.
Keynes, like Marx, was really smart… just really wrong.  Neither individuals ideas have worked out well anywhere in the world.  (If you think about it there are a great many individuals who fit this description.)
But don’t let the fact that Keynes ideas are horrible and produce long-term economic chaos discourage you!

It doesn’t discourage the Fed!
If you haven’t already, might I recommend buying some chickens? Your neighbors will love you…

I bought a still.  My neighbors actually do love me.