More defeatist bullshit.
If you're so ******* certain its the end ****ing lay down and die already and spare the rest of us your mewling on the way out.
Dear Snuggle Bunny,
Last weekend I attended a workshop by the Casey group in AZ titled "When money dies". To say the least it was most interesting.
The first speaker was Doug Casey. He basically put up a chart showing the total US debt and unfounded liabilities and came to the following conclusion..."were screwed!" His message was that it made no difference what political party is in power, it will be impossible for the US to ever get out from under this type of debt.
Second speaker was Bud Conrad who put up several charts and came to the same conclusion.
Third speaker was Richard Maybury who basically said that the US is indeed "war shopping." He documented pretty well that we have overextended our military around the world. I spoke with him afterward and asked him if he thought that the idiots in charge feel that WWII got us out of our problems in the great depression and perhaps WWIII might do the same thing. He said he felt that was a real possibility.
For me personally, the most interesting event was they put up a panel of three folks, one from Yugoslavia, Argentiana and Zimbabwe who lived through the hyperinflation in their respective countries. They all had charts and graphs and their 50 billion dollar bills from their countries. The inflation was beyond imagination. My take aways from that were that the respective inflation numbers where the charts go straight up were almost identical to what has happened to the US money supply since BO was elected.
Some other interesting comments. The guy from Yugoslavia put up a chart showing their inflation over a three year period. He then said that during that peak period inflation doubled, meaning prices, every 1.4 days. He was asked if he would have bought anything different if he knew beforehand what he knows now and he said an F-16 to fly out of there.
The guy from Zimbabwe said that for two years there was no food on the grocery store shelves. The society was all bartered. He also surprised us when he said that gold and silver had little value because no one could buy it. Gives good cause to have those assets outside of the country.
Bottom line for the three of them was that it was a 36 month horror story beyond anything anyone here in the US can imagine. Once the government defaulted and things settled down with basically a new currency life went on, some folks lost everything others made out.
Unfortunately their remarks led me to wonder about several things. In the great depression of the 1930's we were primarily an agricultural society and folks could live off the land. With almost 50% of the US population living off the government try to fathom prices doubling every 1.4 days. What kind of chaos does that cause for those on welfare or social security? What does that do to business? Heck, you manufacture something and ship it and the customer pays you in 15 days an your receivables are worthless.
Now, with all of that, if the fat lady is singing about the future of the US dollar, then bring it on. It will be a bitch for a few years but we are Americans and will survive. Now those who happen to have lent us trillions of dollars will get screwed but that is what they get for lending to a bankrupt nation.
What I also see happening is this. The current demonstrations going on all over America are being driven by Pelosi, Soros and others. Basically they want a socialist, and perhaps communist revolution. All one has to do is spend a few minutes on the Blaze website and you will see that this is a totally coordinated effort by the unions, Soros and others to overthrow the government and capitalism in particular.
In talking with some of the gurus, it is entirely possible that we could collapse like the soviet union and become 4-5 countries. I say bring it on. Where I agree with you, and will be damned if I will flee or throw in the towel is this. We cannot let the bastards win. We must end up with a constitutional democracy with limited government, not enslaved by the government.
One of the speakers showed a way that the US could finally deflate their currency and get things under control. Basically they could confiscate all the gold at $10,000/oz. (a formula the speaker used based on total dollars in circulation divided into the theoretical gold in Fort Knox or something). Point is, like Roosevelt, require all US citizens to redeem their gold for $10,000/oz., then once they have it do as Roosevelt did, arbitrarily say gold is now worth $20,000/oz. and have a gold backed currency. Of course all the holders of currency would get screwed like they did with Roosevelt. One point Doug Casey mentioned is the middle class is really screwed because most all of their assets and holdings are denominated in US dollars.
Bottom line to me is our society either becomes socialist and communist or the power of government must be seriously changed and dismantled. As a society we are no longer afforded the opportunity to spend money we do not have and kick the political ramifications down the road. When no one wants to lend you money so you continue to print money to support your out of control spending addiction, then hyperinflation will be the result. Personally I think the unions and communists are as well organized today as they were under Hitler.
It boils down to fight or flight, with a few having the opportunity to flee. It is my generation that screwed it up. We were too busy trying to make a living and allowed our government to run wild. I feel it is now our responsibility to fix the mess we created so we do not enslave our children and generations that follow.
regards,
5412
