Bad Times A Comin'

When it will happen is unknown, if it will happen is certain. What? Unrest, the likes of which most would never have imagined. How certain is it that turmoil is in our future? One only need to consider the facts that spell the certain cataclysm of our economy and life as we have come to know it.

 

Consider the following and I mean think about the effects these basic facts will have on our countries ability to overcome the calamity created by our monarchical government. First let’s consider that 47 million people are on some sort of government assistance. This equates to 15% of the population and that does not include unemployment which is closer to 14% rather than the advertised 7%. Then contemplate the effects of nearly $140 Trillion in unfunded liabilities to repay Social Security the monies borrowed to fund government spending and the promises made to various government employees. The government owes nearly $400,000 for every man woman and child in the US. Ask yourself, where is that money going to come from?  The answer is: it’s not going to be available, period.

 

The economic devastation in our future would have already been prevalent if not for the Federal Reserve (Fed) creating money out of thin air by printing what it needed to shore up the government bond market. You see the government borrows 40 cents of every dollar it spends. For a period of time, other governments like Japan, China and others have purchased government bonds that provided the funding necessary to support all of the government spending. Those counties now have their own economic problems and their financial ability to purchase US debt has all but disappeared. That is when the Federal Reserve began what has been called "Quantitative Easing". That simply means, that they will print money in order to purchase US debt. That process is like saying that from now on, all of your monopoly money is now valid currency and holds the same value as the real US currency. Now with all of that monopoly money put into circulation which has no underlying value, then the value of your US currency is diminished.

 

This too will come to an end. The Fed cannot print money forever without a significant devaluation of the dollar. That means that at some point in the future, what you purchase for a dollar now will take many more dollars to purchase.  Once all of this starts to take effect, the government will be unable to meet is obligations. What happens then? Austerity. Yes, like Greece and other nations austerity will be necessary.  How will that effect you? Well, promises made for retirement benefits will go unpaid at worst and underpaid at best. Medical benefits will be cut to the bone or eliminated. Financial markets will crumble and the government in its ever increasing effort toward self-preservation will begin to look at the assets of its citizens for relief.

 

Executive Order 13603 provides that the government has the power and authority to confiscate whatever it deems necessary to protect itself. Remember Cypress? The government there went broke because of government spending and they ultimately lost the ability to borrow. Once that happened, they turned to the private assets of its citizens and confiscated 35% of the savings of the people. You think that can’t  happen here? Then you have far more confidence in our politicians than do I.

 

The bottom line is this. Our government has become a monarchy and the only thing they care about is preserving their power. They see us as their subjects with the responsibility to provide them with the resources necessary for them to maintain control. If that means they need to take what is yours, they will. Our only chance is to stop electing the same people and start with new people who understand the fundamentals on which this country was founded.  Vote new is our only chance.