Wednesday, September 22, 2010

Over? I Don't Think So.

I've had a little time this morning to do some reading and I found some interesting things. Most of them contradict the governments official mantra of it's getting better, it's getting better.
I have read and heard on the TV that a group has determined that the recession ended in 2009. WTF? Ended? What are they smoking? From my perspective the recession continues. The dollar continues to lose its value, worth and desirability. Countries around the world are dumping their dollar holdings and switching to gold or Euros (for some stupid reason) and some want to to create a "global currency". Here are some links to various articles that paint a very different picture as to the health of the US and it's failing economy.
They've been caught doing this before, The Fed is thinking of buying more bonds. This is interesting as the bonds they are buying are their own! They do it to manipulate the interest rate.
Most folks realize that when the dollar drops, gold prices increase. If you've been paying attention to the gold market for the last year, gold has steadily risen in price. On September 21 gold was pushing the 1300 dollars an ounce range. Add up the two previous sums and you get this.
There are various claims as to the total of the governments debt. But it generally falls in the multiple TRILLION dollar range. Yes, that's right, TRILLIONS. Now we find that the US is hiding debt. Lots of it. I'm talking a final number of somewhere between 60 and 200 TRILLION!
That brings us to this winderful little nugget. Get out your fingers and count up how many friends, family and aquaintences are out of work or underemployed. I generally come up with 50 percent. I know its better or worse depending on you location but here in Missouri the state percentage is running 9-11 percent but I still get a 40-50 percent range among my immediate circle.

Other News

The rats are leaving the sinking ship of the Obama White House! Seriously, take a look around the internet and see how may of The Chosen Ones staff have retired or quit or are going to quit. Inspires confidence don't it?


Anonymous said...

Rebel..... you sound more like a Conspiracy Theory Lunatic!

Dean Carder said...

Riiight. Just keep you head buried. All of the things I post are in the official news casts and publications. At least I've got the balls to come out in the open Mr. Anonymous.It's amazing how some folks think your a conspiracy theaorist just because the obvious is pointed put to them. Let's see. How many have left the Obama staff now? How big is the debt now?

Trublmkr said...

Over five thousand years ago, Moses said to the children of Israel , "Pick up your shovels, mount your asses and camels, and I will lead you to the Promised Land."

Nearly 75 years ago, (when Welfare was introduced) Roosevelt said,"Lay down your shovels, sit on your asses, and light up a Camel, this is the Promised Land."

Today, Obama has stolen your shovel, taxed your asses, raised the price of Camels and mortgaged the Promised Land!

I was so depressed last night thinking about Health Care Plans, the economy, the wars, lost jobs, savings, Social Security,retirement
funds, etc . . . I called a Suicide Hotline. I had to press 1 for English. I was then connected to a call center in Pakistan . I told them I was suicidal. They got excited and asked if I could drive a truck......