Archive for April, 2009

Obama’s Freudian Slip

Did anyone else catch Obama’s Freudian slip when he was discussing the recent piracy incident? He said that “we are committed to doing everything possible to put an end to privacy in that region.”Amazingly no one in the media has mentioned this to my knowledge. Obama, who wants more power for a bigger government,  is a socialist and staunch enemy of freedom. Our Founding Fathers understood that you can not have a free society without private ownership of the means of production–the very opposite of Obama’s big government socialism. Sigmund Freud maintained that such slips are never an accident, but are rather communications from the subconscious mind. In other words, Freud would say that Obama’s slip revealed his true desires, but what his conscious mind wanted to censor. The subconscious mind doesn’t know how to lie.

 Obama Reduces Americans to “Consumers”

When the “Leader of our Nation” addressed the American people during his state of the union address, did he refer to Americans as “the American people” or “citizens” or anything vaguely respectable like that? NO, he referred to us as “the American Consumer.”Thank you Mr. Obama for showing us your true colors. Not so much a slip this time but a real revelation about what is going on in that head.

In his eye-opening book, War on the Middle Class, Lou Dobbs had this to say about politicians who are in bed with the corporate elite:

Politicians have become viciously and vacuously partisan, and contemptuous of their constituencies. These forces are committed to a world order that views national sovereignty and borders as inconvenient impediments to trade and commerce, and our citizens as nothing more than consumers or units of labor in a global marketplace. (p. 4, emphasis mine.)

Obama, you have confirmed what we have suspected, you are a friend of the Corporate Elite, and an enemy of free American. No, Mr. Obama, we do not want to be referred to as “consumers.” We are the people! 

The Obama Deception: The following is very long (a movie) so wait until you have some time to watch a movie. But it is well worth it:
http://video.google.com/videoplay?docid=7886780711843120756

The Revolution is Coming!

Demise of the Dollar Inevitable

Two interesting news items came across my desk today:

Russia Backs Partial Return to Gold Standard
Russia favors the addition of gold bullion in a new world currency, according to an article in the UK’s The Daily Telegraph. Arkady Dvorkevich, the Kremlin’s chief economic adviser, backs a partial restoration of the gold standard to strengthen the world financial system. At the G20 summit in London, Russian leaders proposed the use of gold in the basket-weighting of a new world currency based on Special Drawing Rights (SDRs) given by the International Monetary Fund. As the global financial crisis deepens, consensus for a new world reserve currency, to replace the US Dollar, has found several backers, also including China.

“A new world currency”? What effect will this have on the dollar?! And it seems that even Americans are finally beginning to get the message:

Six States Propose “Sound Money” Bill Legislation in 2009
Heightened distrust in the stability of paper currency, driven by the nation’s financial crisis, has seen six states – Colorado, Indiana, Georgia, Maryland, Missouri and Montana – introduce “sound” or “honest” money legislation since the beginning of 2009. Sound money is currency supported by non-fiat wealth, like precious metals. The six bills propose, in some form, new laws that would allow citizens to pay and settle debts with gold and silver coin as well as with electronic gold currency. The bills refer to Article I, Section 10 of the U.S. Constitution which states “No state shall…coin money; emit bills of credit; [or] make anything but gold and silver coin a tender in payment of debts.” Montana’s sound money bill was introduced on March 12, 2009 and is the latest bill looking to provide U.S. citizens with an alternative currency to the Federal Reserve note.

You have seen the handwriting on the wall! As I predicted, even before the current crisis began, the demise of the dollar is inevitable, and approaching like a locomotive out of control.

The math is simple! Every new dollar decreases the value of every other dollar already in circulation. This is known as inflation (“an increase in the amount of money and credit, in relation to the amount of goods and services that can be purchased with that money.”) The result of inflation is rising prices. (Note I said “result“. Rising prices are not inflation, they are the “result” of inflation.) This is the immutable law of supply and demand–when more money chases the same amount of goods and services (increasing demand relative to supply) the prices of those goods and services go up.

We experience new money creation as inflation, and inflation decreases the value (purchasing power) of our currency.

Who is going to pay the ultimate price for all the new money creation resulting from the government’s economic “stimulus” efforts? You are!…  And your children!…  And your children’s children! 

Inflation is a hidden tax. It takes money from the middle class and poor (through the loss of their purchasing power, which they see as rising prices), and gives it to the money creators (the government) and their bedfellows (the banks) who get their hands on the new money first. Inflation is a transfer of wealth from the poor and middle class to the wealthy and powerful!

The ultimate result of all this new money creation, as a part of the supposed bail-out of our financial institutions, will eventually (when the money starts flowing again) be hyperinflation and a collapse of the dollar. Since the dollar is currently (but not for too much longer) the world’s reserve currency, countries like China and Russia (and many others as well, including Europe) are becoming justifiably concerned, because this effects the value of their dollar reserves.

The wholesale dumping of the dollar by foreigners is inevitable! We are seeing more and more evidence of this impending outcome, as the two news items mentioned above, and many others like them, are foretelling. China is already getting rid of its dollars as fast as it can do so without disrupting world markets, using them to buy up hard assets like oil, natural gas, gold, etc. The dumping of dollars on the market will increase the supply of dollars chasing goods, and due to this inflationary effect a collapse in the value of the dollar, which we will experience as soaring prices.

Declining dollars = Soaring prices

A collapsing dollar means a loss of your wealth, unless you have the foresight to put your wealth in real money–that is, money that the government can’t counterfeit (i.e., gold and silver.) It’s not too late, but the door of opportunity is closing!

The dollar is being sacrificed in order to protect the wealth and power of the elite! It is happening right before your eyes! Wake up America!

During his political campaign, Obama promised change. However, to date, Obama has been nothing more than Bush on Steroids! He criticized Bush’s budget deficits. But whereas Bush’s deficits were measured in the billions of dollars, Obama’s yearly deficits will be measured in the trillions!

What kind of change is that, Mr. Obama?

He criticised earmarks under the Bush administration, but as the politicians have greedily grappled over all this newly created “stimulus” money, the recent stimulus bill had  more money earmarked for pork barrel projects than any bill passed under the Bush administration.

Money is like a drug to a politician! And let us not forget that these are the same criminals who have pilfered all of the money that Americans have paid into Social Security, leaving us baby boomers in a perilous position as we approach retirement during the worse economic depression we have seen since the 1930’s!

When Americans have finally had enough, we will justifiably march on Washington, pull the politicians responsible for these crimes out of their comfortable offices, and then tar and feather the whole lot of them and run them out of town!

In the last chapter of my ebook, The New Survivalist, I describe in detail how you can protect yourself during the inevitable collapse of the dollar. I wrote this two years ago, because I saw it coming then, but it is still as current as if I had written it today. Get your copy and act now because the door of opportunity, although still wide open, is closing fast!

The New Survivalist

Further Reading:
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse by Thomas E. Woods, Jr

Don’t have time to read the book? Thomas Woods was recently interviewed on Financial Sense Newshour. Listen to this eye-opening interview by choosing one of the following links:

RealPlayer  |  Windows Media  |  Mp3