"Good intentions will always be pleaded for every assumption of authority ... the Constitution was made to guard against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters." - Noah Webster


"There is no worse tyranny than forcing a man to pay for what he does not want just because you think it would be good for him."
-- Robert A. Heinlein

Showing posts with label hyperinflation. Show all posts
Showing posts with label hyperinflation. Show all posts

Wednesday, September 24, 2014

Waiting for the damn to break

The only people alive today who believe that socialism/communism is the way to order society, are the ones who believe that it's because they and their friends will be the elite intelligentsia who will be running it for the good of the rest of us, or people who believe in the tooth fairy and Santa Claus and free lunches.

Over at Maggie's Farm I found this article headline for Sept. 23, 2014:

"USA Spending 30 Times More Per Capita than China on Social Programs"

 . . . and I shamelessly tell you that I didn't bother to go read it before making this post.  Why?
Because experience and logic tell me that once you have a brutal totalitarian government in place, there is no reason to spend any money at all on the unwashed masses.  You can instead spend your resources on luxurious living for yourself and your gang, and the necessary arms and infrastructure for protecting your elitist lifestyle. When the government has all the guns, the people have no choices. When the government has all control over water and food production, the people are essentially slaves.  Once they seize the guns, it is quite easy to seize everything else.

The reason the U.S. government is spending so much on social programs is because the vast majority of the populace is still working under the illusion that a complete economic collapse is somehow going to be averted. Somehow, other countries like China are going to continue to loan us money in the form of buying our bonds and continuing to allow the U.S. Dollar to be the world reserve and petro-dollar.   Then there is the fact that there are still hundreds of millions of firearms out there that the government hasn't been able to seize, . . . yet. There needs to be some sort of manufactured event that rapidly depopulates the U.S. or some crisis that causes a civil war to bring about martial law.

But soon we will hit the tipping point and the whole thing will come crashing down and the direct deposits to all those bank accounts will stop.  All those electrons that magically seem to appear as "funds" in your IRA or 401(k) or whatever supposed assets you think you have in the bank will vanish.

 

 
Aren't you glad you didn't waste any of your precious time trying to understand what the politicians were doing with your life?

Good luck!

Progress in Venezuela

Back in the late 1990s when I was still living in Florida, I went to church with a family that had fled from Venezuela after Hugo Chavez had come to power.  They left a lot of extended family and friends behind and did their best to keep in touch. 

They were quite willing to talk about the horrific conditions of life down there. Terrible inflation, rampant and very blatant crime, thugs doing strong arm robberies in broad daylight, murder and mayhem.  A common denominator of the criminal thugs was that they not only supported Hugo Chavez, but they were his enforcers at the polling places. 

The immigrants were willing to admit that the things they saw in the SEIU here in America looked frighteningly close to what they left in Venezuela.  I say all that to introduce this from Joe Huffman's blog:

                               Quote of the Day
"We are building peace from within, and for that, you need disarmament.
Let us chase after the dream, after the utopia, the utopia of a Venezuela in peace." Nicolas Maduro      [the new dictator who replaced Hugo Chavez]
September 23, 2014

Venezuela’s Maduro launches $47M plan to disarm civilians
[How’s that dream chasing working out for the Marxists?]  -- Joe Huffman
Private gun ownership in Venezuela was banned in 2012. Yet the country has the second highest murder rate in the world.
Venezuela is also nearing default on its debt, the economy is a disaster, people can’t get toilet paper and many other basic goods, and now they want to spend tens of millions of dollars to “build dozens of new disarmament centers for civilians to surrender their weapons”.

So what happens when the powers that be decide to try that here in the U.S.?



Monday, April 11, 2011

What Part Of BROKE Don't You Understand?

You could go look at this site.

Or you can watch this video:



If you need more of a graphic representation, I borrowed the following images from here.

Here is what $10,000 looks like; a stack of one hundred $100 bills.


Next, you can see what a million dollars looks like.



To keep that in perspective, if you could spend a thousand dollars a day, it would take you about two years and nine months to spend it.  If your household budget is $3,000 per month, it would take you about 28 years to spend it.

Next graphic shows what 100 million dollars looks like.  Now you need a forklift.


Now, a Billion dollars is 1000 times one million:  $1,000,000,000  and the graphic below lets you see what it looks like.


I don't know what you could think to spend it on, but you could spend $1,000,000 a day and it would take you 2 years and nine months to work your way through this amount.

So what does $1 TRILLION look like?  $1,000,000,000,000 is one million times one million.



Take out just 190 of those double stacked pallets.  Thats not quite two rows. That represents the 38 billion that Congress compromised on cutting from the budget.  That means we will continue to go into staggering debt.  So here's a graphic that might help you wrap your brain around the problem.


This is what we get for believing that it's okay for government to take from the productive people of society and give it to the non-productive.

If you haven't started making plans for what you are going to do when this house of cards comes tumbling down, then you are way, WAY behind.

Saturday, December 11, 2010

Jon Stewart Got Something Right

Since we don't have cable and only watch Netflix and Glenn Beck, I would miss out on the occasional amazing event like the pseudo-news parody program of Jon Stewart on Comedy Central.

Here is the link so you can go see the short clip, under four minutes.  Sorry, couldn't find a way to embed it here.

 Notice that what provides the hilarity for the audience to laugh at is the fact that Ben Bernanke demonstrates himself to be a complete and utter fraud, and the architect of the demolition of the United States economy.

How many young people sitting there at home, were just yucking it up and admiring Jon for exposing what's really happening at the Federal Reserve System, without understanding the importance.  Let's have a good laugh, because in the coming months, not years, we aren't going to be able to find any bread or milk, let alone scrape together enough Benjamins to buy some.