Our economy is a house of cards. Our dollar isn’t backed by gold. It’s fiat money. It’s worth is determined by how much confidence the world has in it. If confidence in the dollar is destroyed, so is the dollar. It just becomes worthless paper at that point.
The politicians in DC and the cheaters on Wall Street and the Chicago Democratic Party machine have brought us to the brink of collapse. The bailouts have done nothing to strengthen the house of cards. Keep mounting card on top of card, and, at some point, the house of cards must fall. It must. So long as there are laws of physics it must fall. Our economy will topple. The only question is when. Which card will be the final one that the other cards can support? Which card will be the one that brings the
walls tumbling down?
Is your family prepared to survive through an economic collapse? I saw a big storm coming back in September 2008, and I think it’s here. Maybe it can be staved off until 2012. I definitely think we cannot get past 2014. But maybe it hits us this month.
Sure, we just elected Republicans to take control of the US House of Representatives, and the two major parties now have checks and balances that will prevent extreme partisan agendas from becoming the law of the land . . . in January, that is. The new Congress takes office in January. But maybe the collapse will occur much sooner than 2014. Maybe much sooner than 2012. It might happen this month. Despite the elections, it’s just too late. The wheels are already in motion. All the Democrats, all the Republicans, even all the Libertarians, all the Greens, all of the Constitution Party, all of the Socialist Party, cannot stop what’s already in motion. It’s a bigger mess than we can handle.
If we suffer a total and complete collapse, all your dollars in your bank accounts become worthless, despite any FDIC guarantees.
Therefore, I hope you have supplies already on hand for your family to depend upon if the worst comes to pass. Right now, you may be holiday shopping, and the sales figures seem to be better than expected, as, perhaps, some consumers have so much pent-up desire to shop that they just can’t keep a lid on it anymore. That’s okay. You might as well shop for tangible items right now if the dollar is going to be worthless later. But while you’re doing that shopping (if you’re one of the fortunate ones who still has an income in this economy), make sure you’ve got at least enough necessities on hand to last your household for at least a month. If you can stash away lots more supplies so that you can be self-sustaining for longer than a month, by all means do so. Preparedness can mitigate your feelings of vulnerability when a crisis arises.
I worry about what predicament our deployed troops might find themselves in if our government becomes insolvent, the financial industry is wiped out, and the currency loses all its value.
There are two things in the news that may possibly cause the dam to break this month. The first is the lame-duck Congress, ramming through the rest of the ill-advised uber-liberal agenda in desperation as the clock ticks down and this session ends.
The second is WikiLeaks. WikiLeaks supposedly has 10,000 pages of documents that they are preparing for posting on the web, and the USA’s financial sector will be the object of the expose.
We saw how WikiLeaks caused a scramble at the Pentagon when documents from the war in Iraq were splashed online. After that, the US Department of State was hit by an earthquake that not only may have irreparably harmed our relations with all other nations, but the field of diplomacy, itself, in every country, is now standing outside naked in a cold winter. If WikiLeaks can derail diplomacy worldwide with just a few documents, what could it do to our financial sector?
I think the documents about the financial sector will be so damaging that all confidence in it will be lost. The collapse here will then cascade all over the globe. The worst hit will be Europe. Europe is already teetering. Africa will be in dire straits because so many of those nations only squeak by because of foreign aid. The Far East owns so much of our national debt, they’ll take a big hit. South America might actually weather the storm the best.
Iceland, the first to become insolvent, and Greece the most recent to become insolvent, are relatively small nations in Europe, but when their governments finally scraped the bottom of the barrel and there was no more money there, it had destabilizing effects on the Euro.
Now it’s Ireland’s turn. Ireland denied for weeks and weeks that they were the next to follow in the footsteps of Iceland and Greece, yet it is coming to pass. The politicians in Ireland who are to blame for it all simply wanted to stay in power as long as they possibly could, thus they tried to pull the wool over the eyes of the Irish as long as they could. Sorry, but the crisis is too big to hide. The European Union is coming up with a plan to put Humpty Dumpty together again with the help of the IMF. It still might not be enough, and Europe will teeter on the brink, the Euro imperiled.
Portugal will likely be next. Their politicians are denying that their government will become insolvent, too. If the rescue of Ireland doesn’t crash Europe, maybe Portugal will.
And after Portugal, Spain is suspect. The politicians of Spain are in denial, also. If Europe managed to hold things together during Portugal’s implosion, that’ll be the end of the line. Once Spain implodes, forget it. The Euro is dead, and the European Union is in a shambles. The more solvent nations will retreat back to within their own borders, because they’ll be hard-pressed to meet the demands of their own public, let alone the demands from elsewhere. When America falls, though, not even the most solvent European nations will be spared the bloodletting.
The IMF won’t be of any help, as its chief backing comes from the United States.
If the United Nations weren’t reeling enough from the WikiLeaks targeting the U.S. State Department, it’s biggest donor, the United States, will no longer be able to fulfill its financial commitments to the U.N. The U.N., itself, hasn’t ever had its financial house in order, so they’ll easily buckle under the weight of the wreckage.
Of course the politicians in Washington DC are just as much in denial about the coming collapse as the politicians in Ireland, Portugal, and Spain are. For one thing, they are complicit in our economy’s troubles, so they really don’t want to believe that it will crash, because then everyone will know it was their fault, and from there, power will slip away from them.
The incoming Congressional Republicans are thinking, “OK, now we can get to work and make things better.” They are naive. It’s already out of their hands. They will be so utterly dumbfounded when everything falls apart. “What? How did it happen so quickly? Just when we were about to make a difference for the better with our best-laid plans, it’s a moot point because we’ve already crashed!”
Obama’s Chicago White House may have been planning to bring about this disaster. What? Sabotage? Yes. The liberals he hobnobbed with in Chicago weren’t your run-of-the-mill latte-sippers. Remember Bill Ayers? He’s only one person. There are many others who have programmed this President to sail this course. These are people who have always clamored for a revolution to overthrow the American government and the Constitution that upholds it.
Some of the wonks in Obama’s close circles have clamored for such things as:
- using the “green energy” push to accomplish Marxist objectives of redistributing wealth (“economic justice”);
- zero population growth, or perhaps even phasing in a depopulation of the planet;
- having a domestic military force that could perform security policing of our citizenry not unlike that of the policing our Armed Forces do on foreign soil, such as in Iraq and Afghanistan;
- writing a Constitution that would spell out what the government can and will do for you rather than the current Constitution, which states what the government cannot do, thus replacing limitations with bold initiatives;
- use the urban public schools to groom the urban youth to become the watchdogs of political correctness and become a massive voting bloc that will support progressive causes (Bill Ayers, himself, advocated for such “education reforms.”);
- denuclearize America so it can set the example for other nations to denuclearize, be the vanguard of peace, send no one out to foreign battlefields, and drastically reduce our military;
- use the persuasion of power in manipulating the American public if the power of persuasion doesn’t yield the desired effect;
- collaborate with the arts community and the media to amplify the desired message, and discredit sources of dissent;
- workers of the world unite to usher in a world government guided by the proletariat;
- never let a crisis go to waste, as each crisis must serve to consolidate power, and carefully and intentionally orchestrating the emergence of crises may be very desirable if doing so serves to make the public feel more vulnerable and, by extension, dependent on leadership;
- shape public opinion with astroturf if grassroots support for the desired agenda is weak, since those who dissent will feel powerless and offer less resistance if they are made to believe they are in the minority;
- it is acceptable to overthrow the government if it interferes with the propagation of progressive principles and policies.
There are other radical ideas bandied about within the circles of Chicago political power, but these give you some flavor of the voices that influence the White House.
On that last point, about government overthrow: it can be accomplished through a quisling that is able to consolidate power, through a manipulation of public sentiment, through gaming the system, through martial law, through weakening the power of the people, through violence (Bill Ayers, again), or through scrapping the existing system of governance by causing it to collapse.
I believe the Chicago White House is advancing on all of those fronts.
I’d like to credit the State of Ohio Blogger Alliance (SOB Alliance) for raising the red flags of warning back in 2008 before the presidential election took place. Many of those on the SOB Alliance blogroll posted a 13-part series collectively titled HOPE ON (Help Ohio Prevent Electing Obama Now). There were detractors that insisted that the HOPE ON series was over-the-top propaganda, but re-reading those posts now, especially the ones dealing with economics, the HOPE ON series has hit the nail on the head.
HOPE ON part 1 Obama is part of the Fannie Mae/Freddie Mac problem
HOPE ON part 2 Obama’s reluctance to drill
HOPE ON part 3 Above Obama’s pay grade
HOPE ON part 4 Can the other side of the aisle even be reached from where Obama is?
HOPE ON part 5 Obama requested $740 million in earmarks
HOPE ON part 6 Obama’s stances ill-defined when voting “present”
HOPE ON part 7 Obama not inspiring our trust
HOPE ON part 8 What are Obama’s intentions for the middle class
HOPE ON part 9 Measure Obama and McCain by their character
HOPE ON part 10 Obama will tax us
HOPE ON part 11 What would Ronald Reagan do?
HOPE ON part 12 Obama isn’t just liberal–he’s extremely liberal
HOPE ON part 13 McCain the real deal
Some excerpts that stand out in my mind:
Part 8: Obama has attempted to portray himself as the champion of the middle class, but the windfall profits taxes and the high-bracket income tax increases proposed by Obama will backfire in the form of rising unemployment as the government dampens earning power, not just of individuals, but of employers as well.
Part 10: Obama talk of federal initiatives and taxes make it sound as if the government creates wealth, but the government doesn’t. The people create the wealth of the nation, and tax policy must reflect that, but Obama’s principles don’t even acknowledge that.
Part 12: The Citizens Club for Growth rated Obama tied for last place with a zero rating in Obama’s first year in [U.S. Senate] office.
Part 13: Obama has revealed himself to be a socialist. We now have the smoking gun. Now that he’s been pinned down, his counter-argument is that McCain’s platform is based on “selfishness,” which is hardly the way I’d describe John McCain when the chips are down.
Also Part 13: It’s now been shown that Obama’s reluctant shift toward an all-of-the-above approach toward energy was just a sham, as it’s now come out that the regulatory burden to be imposed on the coal industry during an Obama presidency will be prohibitive. How many more industries, not just in the energy sector, could be impacted by regulatory burdens imposed by Obama remains to be seen.
More part 13: Obama’s views on education reform aren’t directed at learning or achieving academic success. As shown by his work with Bill Ayers, “social justice” is to be the ultimate imperative that the schools are charged with achieving.
What strikes me about the excerpt from Part 8 is that, indeed, we have higher unemployment than anyone had projected, and Obama’s highly complicated tax proposal presented to the Congress ensures that the government’s regulatory burden upon businesses will only increase, plus, of course, he still wants the taxes to be raised on the very people who are more likely to be business owners, and, in turn, businesses are the very entity that hires workers and brings our unemployment rates down.
The excerpt from Part 10 shows that Obama’s government is very heavy-handed and intrusive. We know that government does not create wealth, but that’s exactly what Obama’s meddling with. Government does not make people healthy, but the government is meddling there, too. The rhetoric loftily asserts that we now have a government who will work on your behalf, that will no longer allow problems to be swept under the rug. Aren’t we all just happy that our government will no longer turn a blind eye to anything? Ooh! Big Brother sees what you’re going through and is here to help. Big Brother will interfere (no, not intervene, I chose the right word: interfere) on your behalf. The funny thing is, I don’t think the main motive for transforming our government into Big Brother is to spy on us. I suspect that they are trying to grow the government big enough to collapse the system so that is is scrapped and can then be replaced with a system of their own design.
The Part 12 excerpt about Obama’s voting record during his first year in the U.S. Senate speaks volumes about where we find ourselves today. How far have we come since then? Back then, he stood for zero growth. Now it’s less than zero. His radical philosophy prevents him from wanting to sustain our employment base.
To placate the citizens, of course Obama’s going to say, with his mouth, that he wants to put people back to work. He’s putting obstacle after obstacle in the way of putting people back to work, so we need to wake up and realize there is another agenda afoot. Obama’s agenda is not a jobs agenda.
If Obama’s agenda were a jobs agenda, he wouldn’t:
- be pushing for Cap and Trade
- on top of Obamacare
- on top of a more complicated tax code
- on top of a tax hike
- on top of extending unemployment benefits
- on top of confusion at the Federal Reserve
- on top of bailouts for America’s least successful most unethical companies
- on top of subsidies for industries that aren’t sustainable
- on top of a Dream Act that will add incentives for additional foreign nationals to immigrate here illegally
- on top of a moratorium on tapping additional oil and coal energy resources
- on top of compensating government employees better than the private sector does
- on top of letting SEIU union leaders shape economic policy
- on top of continued dysfunction at Fannie Mae and Freddie Mac
- on top of a mind-boggling budget deficit
- on top of an unfathomable national debt.
That’s not how you create jobs. That’s how you collapse the system!
The first excerpt from Part 13 includes a link to the radio interview in which Obama emphasizes “economic justice,” which is a progressive’s euphemistic jargon for the rise of the proletariat A.K.A communism.
On energy, in the 20d excerpt of Part 13, the timing of the BP oil spill in the Gulf of Mexico was impeccable. We knew that Obama wasn’t sold on the all-of-the-above approach to energy, and now he can smile like a Cheshire cat that he has the most perfect of excuses for continuing our dependence on foreign oil and subsidizing “green” fuel technologies that are money pits because none of them are on the pathway toward self-sustainability. If you want to help Americans, especially during the expensive winter heating season, stop throwing up obstacles to getting the cheapest most reliable domestic sources of energy. The agenda is collapsing the system. Everything points to it.
And from the final excerpt of Part 13, it appears that the Ayers-propelled education reforms will, once implemented, groom the youth for their role in the new system that replaces the collapsed one.
The WikiLeaks website founder is on the run right now. He’s given the ultimatum that if he is taken into custody, all the documents at WikiLeaks will instantly go public. That could happen any day now, and Mr. Assange of WikiLeaks will be the “fall guy” whose infamy will be forever memorialized in history books as the one who precipitated the crash of the world’s economy.
When we reach the “What do we do next?” phase when we’re all shell-shocked and feeling vulnerable, Obama, as President of the United States of America, will set forth a new blueprint, the likes of which we’ve never seen before, and when he does, we will finally come to understand what his meaning of the word “transformation” is.