obammy bucks

OBAMMY-BUCKS


Now, while I don’t necessarily see a conspiracy under every rock, I also don’t believe a damn thing the mainstream media is telling me. I always go the polar opposite. When I say “they” are controlling things, it isn’t in the sense of Illuminati total control, but just a “follow the money” kind of general manipulation. The banks control the money, so the government and corporations are at their control. It isn’t a “imprison the dissenters” kind of control, more of a “the monies in the judicial/prison complex, find more enemies of the state”. So it follows that Presidents aren’t their own man to the point that they know who bought their election and they know who will pull the plug if their actions stray from an approved script. I don’t know the last President that was under his own power completely, but I’d wager it was before 1913 and the creation of the Federal Reserve Bank. Politics is part of the Bread And Circuses, and it doesn’t really matter who is Prez. The same things would have happened regardless. So, while I loved Reagan, I have to admit any other leader would have followed the same script. Go from a tax and spend to a borrow and spend. Able to defeat the Soviets as they experienced a weakening from their Peak Oil. Continue supporting the dollar through Saudi crude. And as much as I hate Obammy, any small eared white boy would be doing the same things. Double the deficit. Stay in the middle east. Screw all those getting entitlement checks. During growth periods, you have wiggle room to try playing with things, but come contraction time you are really limited in what you can do. The only option is to lurch from crisis to crisis and constantly pick the least worse choice.

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Hyper-inflation using ObammyBucks is already in the script. The only question is timing. You can’t borrow a few trillion a year, 40% of the budget ( which wouldn’t be so bad if the money did anything concrete, but it only reduces the size of the hole in the side of the Titanic, it doesn’t patch it completely ), with that borrowed amount growing yearly, with rising unemployment, and pay your bills any other way. You could raise taxes to 99% and it wouldn’t be enough. You could slash spending, but nearly all economic activity anymore is all government stimulus. Cutting anything just reduces the amount of the debt, it doesn’t stop or reverse it. And that introduces civil unrest. A quick detour to the Great Depression. Civil unrest was a very real possibility. The federals loved increasing their power, just for its own sake, but it would have had to be done regardless, to keep social order. Yes, the government itself caused the problem by creating the Fed Bank and allowing credit creation to pay to fight WWI, but the monster did take on a life of its own. Today, civil unrest again is a very real possibility. The difference is, increased government control is making things worse this time instead of better.

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Forget all economics and politics you’ve learned from the lessons of the last 500 years. That was a western nation state resource gluttony period. All growth, all the time. Today, the resources have pretty much all been consumed. There will be no global power taking our place, there will be no recovery. The powers behind the Oval Office will try all the same tricks to survive, but there is no more surplus energy. Only contraction is possible. And the slow collapse is a wet dream that relies on seven billion folks being fed without petroleum inputs, lack of nuclear war, global weather patterns not altering the current grain production areas, and most importantly, business as usual being immediately halted. How can the growth at any cost be halted when everyone’s very livelihood relies on just that? Hopefully, all that tells you hyperinflation is the opening salvo, not a road bump on the way to recovery.

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Hyperinflation is a perfect storm. It isn’t just credit creation and currency printing. It will also be commodities surging in price due to shortages. Peak Resources combined with “no other way to pay the bills”. It isn’t just going to be higher prices, but also real shortages ( in 2008, when rice doubled in cost, you still couldn’t find any ). There is only one way to limit your negative exposure. Not precious metals. Remember, those are getting scarce also ( ten years ago we imported 6% of our silver, today it is 60%, plus globally the amount available to be mined is limited to a decade or two of current rate of extraction ). Since we are all almost totally plugged into the money economy, we are all screwed ( mostly self sufficient farms, with scarce item stockpiles, AND precious metal savings to pay property tax, are about the only exception ). You can only hope to slow the rate of getting screwed. Besides stockpiling, which is mostly for after the collapse, your only alternative is to reduce what you need to buy as much as possible. Having rent or mortgage, not the best idea in a good economy, is a death sentence as your buying power shrinks and no extra jobs are available ( women going to work cushioned the 70’s depression at a household level- today the family is working less ). The same with a car payment, and utilities.

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You must constantly decrease your bills and dependencies. It won’t save you, but it will dramatically increase your longevity. We will all be affected, but some much quicker and harder than others. Social Security recipients in an apartment had better pray they have a mortgage free house to move to soon. I know most of us are hoping for a quick collapse so you can stay in your home, eat MRE’s and shoot zombie bikers with your AR. Good luck with that. Jingle mail, bankruptcy for the credit cards, repo the car. All those debts will kill you shortly. I know major financial surgery hurts. But without it the patient won’t survive.

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My e-mail is jimd303@netzero.com
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