Thursday, November 4, 2010

AMERICA'S WEIMAR MOMENT

Once again, Imam Obama has fled the country when the fat is in the fire, now on a $200 million dollar A DAY junket to Mumbai, India. When has ANY president traveled like this? Hell, when has any MONARCH traveled like this? None. The man-child is taking along 3,000 people, including journalists, and 34 US Navy warships, that we get to pay for. His party is in disarray, having been SPANKED raw by the GOP (who had better get THEIR act together or else) AND we now have Ben Bernanke flip-flopping on buying back the nation’s debt with money that will be printed up for the occasion. (Bernanke SWORE under oath to Congress that he would NOT do this.) Call it, "America's Weimar" moment.

EXCERPT: "The Federal Reserve, in a dramatic effort to rev up a "disappointingly slow" economic recovery, said it will buy $600 billion of U.S. government bonds over the next eight months to drive down interest rates and encourage more borrowing and growth. Many outside the Fed, and some inside, see the move as a 'Hail Mary' pass by Fed Chairman Ben Bernanke. He embraced highly unconventional policies during the financial crisis to ward off a financial-system collapse. But a year and a half later, he confronts an economy hobbled by high unemployment, a gridlocked political system and the threat of a Japan-like period of deflation, or a debilitating fall in consumer prices."

This is being called "quantitative easing" (QE) or "monetizing the debt" but what it amounts to is the Fed printing more money to buy back the debt they have incurred in our name. How nice.

Thomas Jefferson, a genius, foresaw this: "And I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property -- until their children wake-up homeless on the continent their fathers conquered... The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." May 28, 1816.

So they "estimate" that by doing this, it will devalue our dollar by 20%. How does it feel to instantly have 20% less in your pocket through the actions of others, in an event YOU had nothing to do with? It seems to the Gunny that this is akin to being robbed, only through the force of government. Hmmm. Almost like being forced to pay income tax. Being forced to contribute to Social Security. Being forced to contribute to Medicare. Being forced to contribute to Medicaid. See a pattern here?

We are in a vicious cycle right now with no way out, because Liberals and RINO, but especially liberals, LOVE TO PISS AWAY OUR MONEY! India on 200 million dollars a day? Obama should get Ayers to ghostwrite him a book about it, like Ayers did for Obama two "autobiographies!" There are two points here that must be made. One, the Chinese keep the value of the yuan artificially low by keeping it OFF of the world’s currency market (one less target for Soros) and this works to keep the costs of exported Chinese goods artificially low (in addition to their use of slave labor), which makes it impossible for the few remaining US manufacturers to compete. Two, the Chinese pay their workers nothing, which keeps them from buying OUR products. The old one-two punch. Now, the remedy for this COULD be that we slap a high tariff on all Chinese goods imported to the US, kinda of like how Japan does to our imported agricultural products, to compensate for how they scam us. UNFORTUNATELY, guess who owns our debt? The Chinese for the most part. So no tariff and we get screwed by irresponsible and corrupt politicians, again.

The argument FOR doing this is that a lower valuation of the US dollar might serve to make US exports more competitive on the world market. That move may in turn create more jobs here in the US, reduce unemployment, and spur new businesses. There is only one problem. This regime and Democrats in general, have created so many regulations and rules and laws and EPA bullshit, that new businesses CAN’T start. The liberals have the corporate tax level jacked so high (the highest of any industrialized nation) that no one in their right mind would WANT to start a new business here in America, and then have to deal with that, the Libs, eco-nazis, eco-terrorists like ELF/ALF, and the union thugs.

Here is the scam.

They devalue the dollar. The rich, like Soros, Goldman/Sachs, etc, buy up whatever they can, and then do whatever they need to do to pump back the value of the dollar, and bingo, they reap billions. We of course, the lower and middle class, get to watch our savings wiped out, our wages devastated, and our standard of living lowered to the level of the French. Another point to ponder is that a devalued dollar allows foreign entities to come here, buy up whatever they want, and then when the time is right, move it all to their nation, and hire their employees. Exporting jobs baby! Americans get screwed again.

The problem is that our government refuses to STOP SPENDING like a drunken senator from Taxachusetts! THIS is why the Dems REFUSED to pass a budget before the election. They KNEW that they’d be in a lame duck session and since they’d already been voted OUT, what else do they have to lose by screwing us? NOTHING! They WILL pass massive spending bills for their pals and once out of office in January 2011, will go to work for some liberal lobbyist group in DC or for Soros at Media Matters, the Center for American Progress, Free Press, moveon.org, etc.

Greenspan stated clearly in 1966: "The financial policy of the welfare state requires that there be no way for the owners of wealth to be able to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." That was before a liberal Congress took us OFF of the gold standard and Nixon doubled-down on it.

Today we have 13 TRILLION dollars of debt, piled on us by Democrats and damned RINOs. It is time to TIGHTEN our belts, repeal all of the bullshit laws constricting businesses, DUMP THE EPA, SECURE the borders, end bullshit like Social Security, welfare, etc, that robs Peter to pay Paul but unfortunately for America, WAY too many democrats and undocumented democrats, are addicted to the government teat and refuse to reform the things we need to do in order to survive as a nation. Some of these things were mentioned above but also a return to the gold standard should be the first thing, next should be to encourage our public to SAVE money, not spend it, (Obama recently complained that we are saving TOO MUCH), end the FED which is nothing but a scam (they have never been audited BTW), and above all, STOP FRIGGING SPENDING!

Unless we all knuckle down and change our ways, we are going to be working for scum like Soros in Chinese sweat shops, or just sitting at home, smoking legalized dope (Soros is for that also), wasting our lives away as slaves.

COMING TO AMERICA SOON!


http://online.wsj.com/article/SB10001424052748703506904575592471354774194.html?mod=WSJ_hp_LEADNewsCollection
http://money.cnn.com/2009/06/05/retirement/next_crisis_americas_debt.fortune/index.htm?postversion=2009061110

Ghietner gets economic advice from Jon Liebowitz (Stewart)
http://www.bloomberg.com/news/2010-11-04/geithner-visited-jon-stewart-last-april-to-talk-about-economy-not-comedy.html

UPDATE: BACKLASH MOUNTS AGAINST QE2 (QE1 was TARP)
http://www.ft.com/cms/s/0/981ca8f4-e83e-11df-8995-00144feab49a.html#axzz14MBmsfER

17 comments:

  1. Gunny,
    Why do you have an issue with pot? Good article regardless. I still can't get over the difference in Obama's trip abroad and Cameron's commercial flight here.

    ReplyDelete
  2. JpKnow Mad,

    One, thanks for the kudos.

    Two, I have an issue with pot (drugs) for several reasons:

    a. It robs people of their initiative and that is ALREADY a problem in America. Have you ever seen a real pothead? Lazy and stupid barely covers it.

    b. It makes people stupid. (Short-term memory loss) and THAT is already a problem in America.

    c. I know human nature and drunk drivers are STILL a problem and adding legalized dope only exacerbates the problem.

    d. People WILL do it on the job, bet on it. I'd prefer NOT to have a heart surgeon, for example, toking it up before he cuts on me. Or a pilot. Or a cop. Or a Marine. Or a fireman.

    If you can guarantee that people will ONLY smoke it in their homes, after work, and not do it anywhere else, I'm for it, otherwise, no.

    ReplyDelete
  3. How much could the government save if it just cut out grants for things like studying monkeys on cocaine, why New England clams transferred to California still open and shut on New England time, thousands of grants for idiotic stuff? How much?
    Or how about DOD spending $600 on a toilet seat for P2V airplanes??
    Or studies that have absolutely nothing to do with runnng the country???

    ReplyDelete
  4. Gunny,
    I understand the concerns, but you are the last person I expected to to say that you would prefer the government to step in and tell people what to do. One, I am a real pothead. I also have a 3.4 gpa in college, my own apartment, pay all my bills, and I also have alot of other friends who smoke pot and none of us drive on it. Yes some people will do it on the job, but that is no different than alcohol. Those people should be punished severely and I don't think those of us that are responsible in it's use should be penalized for all the dumbasses out there. It seems to me that issue(self responsibility) alone should be at the core of the conservative policy as that is what it takes to have a successful nation with a limited government. This is just one more nanny state issue. I can take take care of myself, if I don't or if I hurt someone else then by all means, hammer my ass.

    ReplyDelete
  5. Good post Gunny. I've been taking as much as I can and putting it into gold and silver (as well as brass and lead.) I'd rather have tangible assets than paper promises. I fear this country has become addicted to handouts that will ensure our destruction. Something has to be done quickly to curb the government's appetite for spending but the question is what. Just yesterday I heard McConnell say that he's ready to raise the debt ceiling with strings attached. Almost all the economic/monetary news is negative. I fear for the future of our Republic.

    "Inflation is taxation without legislation." Milton Friedman

    ReplyDelete
  6. JPKnowMad,

    My friend, that is YOU. What about the X number of millions of idiots out there WITHOUT your self-discipline?

    BTW, if YOU had your own business, would you want to hire people who were blowing weed at lunch and then coming back to work spaced out?

    ReplyDelete
  7. rikdergis,

    I wish I could buy gold but mainly I have brass and lead! haha.

    I WILL be buying food, seeds, etc. Thank God I have a water source year round and plenty of fuel. We ARE in big trouble.

    ReplyDelete
  8. Gunny,
    One, It depends on the business I was running. Two, there are just as many millions out there who do the same with alcohol which is much more of an impairment since pot causes no ataxia, so why should I be punished for my choice of substance that for one is safer. I mean really, we have a felonious plant? think about that for a sec. Also, if someone came back from their lunch break at any business and is under the influence of alcohol, pot, heroin, or crack there can and should be consequences if the employer so wishes. It's all about personal responsibility. Handle your business responsibly or pay the consequences. I have no issue with it being illegal to drive under the influence, do it around children, or around the public in general. If we are allowed the freedom and personal responsibility to use alcohol, why would that same freedom and responsibility carry over to marijuana?

    ReplyDelete
  9. In a side note, why are we flying "america's top corporate leaders" to india with obama? I think they can cover that ticket themselves. Are 34 warships really necessary?

    ReplyDelete
  10. JP,

    I could not agree with you more UNFORTUNATELY, this is a nation where people AVOID taking responsibility for their actions. Look how many shysters there are ready and eager to bail out DUI idiots for a buck. Add potheads to that?

    Take a look at Canada and their liberal usage of drugs, it is killing their nation, I know, I talk with the Canadians here in AK that I bump into. Hell, in Vancouver, they're buying NEEDLES for addicts courtesy of the taxpayer.

    Amigo, it will not work, period.

    ReplyDelete
  11. Gunny,
    I agree with you completely about our nation not taking responsibility for their actions, but that is what needs to happen if we truly want a small government with true freedom. Yes, I know about that in vancouver but I am talking about what we want in a small government, not a behemoth like the maple leafs. In a truly limited government, those that abuse and cannot take care of themselves would not make it. They would either leave or die. You are basing your argument on a huge government that does everything for their citizens. After this election, we should be on the way to a nation like I am describing. I completely agree with you on your argument if we continue down the road of canada/europe. I thought this last election showed us we can get back to a nation that is responsible. We can take care of ourselves. I don't see free needles being given out in that nation we both want. Those people you are afraid of supporting would not make it in that same nation. Happy early Birthday brother. I was discharged from 1st Light Armored Reconnaissance Bn June 2007, Corporal.

    ReplyDelete
  12. Wonder if Soreholes is wanting his money BACK from the damnable dhimmis,after the ass-whupping they took Tuesday? Over 680 state legislative seat pickups.DAMN. HE is the REAL loser here. BWAHAHAHAHAHAHAHAHAHAHHAHA. Asshat,THAT is what YOU deserve.

    ReplyDelete
  13. clyde,

    I agree but the fact remains is that Dr Evil is STILL manipulating our currency and working behind the scenes to bring us down.

    ReplyDelete
  14. JP,

    You post good arguments, but we have a flawed human nature. That is why we STILL have drunks on the road after 30 YEARS of telling them NO, tossing them in jail, taking their license, etc.

    In fact, when I was in NM, one of the biggest problems is drunks driving w/o a license, that was taken away after, say, their 3rd, 4th, 5th DUI!

    Semp Fi and thanks for your service. You went a step beyond 99% of America.

    ReplyDelete
  15. JP,

    One more point. Soros is behind the pot legalizing deal and ANYTHING that son of a bitch Nazi is for, I AM AGAINST!

    ReplyDelete
  16. JP,
    Hey dude...look what Pot smoking has done for California.

    Nuff said.

    On a serious note...Thanks for your service.

    Semper Fi

    ReplyDelete
  17. gunny,

    remember Gordon House?

    I spent 2 years in Gallup. Need I say more?

    ReplyDelete