Thursday, February 10, 2011

Dedicated to Obama and His Liberal Friends

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Tennessee economics lesson that Obama needs to learn badly.

Off the main road version with the Red Dirt Rebellion


As to Obamacare, Congressman Ray Stevens has an answer



Here was the view from 2009. Obama and the Liberals did precisely what this man said NOT to do.


We are now in a false security zone in which the Government is cooking unemployment numbers and they are primed to print more money (as in, "monetary easing"). 

It appears to me that Obama and his bank based handlers know what is coming, and they hope to fake it through so that Obama can win in 2012. Then, they will let the nation bomb out, and the dollar will crash. Since Obama will not be able to run for a third term, he can morph into a fascist monetary dictator. The dollar calamity will force the Republicans to play ball or trash the USA.



On the other hand, if a Republcan candidate wins the Presidency, the bankers will let the economy bomb, and the Republicans will look like dogs, as if they made it happen. YOU may understand it, but 90% of Americans blame the sitting President for what happens now, not the scum bags who caused in the recent past.

What shall we do? I find it very hard to know what to do. If I had a lot of money, I would NOT buy gold. It is too high and dangerous now, and if the dollar bombs, an ounce of gold could be worth $20,000 one day. Try to go buy a loaf of bread with THAT.


I would buy dirt. If you own it, not buy a mortgage, then you own something that will hold its value and is not desirable to burglars.


The other option is to buy staples that have a long shelf life. This way, your money buys basic needs now when your money still has value.


I would also suggest having a cash supply on hand. During the Great Depression the banks closed. When they opened, many people only got one dollar for every ten they had before the bank crash. Also, if the IT banking world crashes, your cash on hand will be the only cash in miles. Most Americans use plastic and checks. 


Those who have cash thus survive best. It sounds crazy to not have everything in savings, but in a crash, you may not be able to even enter the local bank, and the Government may put a limit on how much you can withdraw. I am talking about historic events from the past.


In other words, if the dollar tanks and loses value by 75%, and the Government puts a $200 per day limit on withdrawals, you may not be able to put a very plain meal on the table, let along make payments on a house and two cars, which is VERY common in this idiotic nation.


If you can pay something off, do so, especially your home and a car. Of course, if you stay employed, you salary will go up, though not as fast as hyper-inflation. But, this will mean you can pay off your debts in a fraction of the loan term. But, if you lose you job, you will lose everything.


Moral: Stop doing what the experts tell you, and stop listening to the conspiracy theories. Get out of debt, and get ready to survive. There is no magic plan for investment better than to be out of debt and burn your mortgage.

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