Welcome to Roger's Economic Rant
Late December Economic Rant - Roger Mason
"None are so hopelessly enslaved as those who falsely believe they are free." - Johann Wolfgang von Goethe
Every day the U.S. becomes more and more a Third World backwater. Every indicator of third world status is collapsing. Look at the employment chart direct from the Bureau of Labor Statistics. In 1999 things really started going to hell regarding employment. We have a 23% unemployment rate, while the media tells you it is "down to 8.6%". This is the employment to population ratio, and it is going straight down. It's going to get worse.
YOU WILL SEE 40% UNEMPLOYMENT IN FIVE YEARS.
The Zionist war drums keep beating to attack Iran. We've told you repeatedly that Russia will defend Iran at any cost. Russia has many investments in Iran. Now China has publicly stated the same thing. Google, "China will not hesitate to protect Iran", and you will see how real this is. China is Iran's biggest trading partner. Our insane sanctions against Iran are a big step towards outright warfare. If/when we make the worst mistake America has ever made we will not even begin to be able to stand up to both Russia and China together. Fortunately, there are top military men who refuse to attack Iran because they know this is 100% due to the Israeli lobby, and we have no reason whatsoever to do this.
Now House Bill 1905 will accelerate the road to war with more sanctions. Who introduced this bill? Jewish lesbian fugly (fat and ugly) Representative Ros-Lehtinen of Florida. What is wrong with the senile old bastards in Florida to elect representatives and senators like her and fellow Marxist Debbie Wasserman?
On December 7 the Republican Jewish Coalition will host the Republican Presidential Debate. Everyone will be invited except Ron Paul. Ron will be banned. Why? Because he isn't controlled by Israel and AIPAC (American Israel Political Action Committee). Because Ron Paul doesn't want anyone to get foreign aid, and Israel gets far more aid than any other country. Because Ron Paul doesn't want anymore insane, evil wars of aggression, especially in the Mideast. Why can't he come to the debate and tell people his views? Why is he banned? Herman Cain was forced to drop out due to his various and sundry sexual pathology problems. You can believe Bachmann, Gingrich, Huntsman, Perry, Romney, and Santorum will be there. They have pledged repeatedly to support Israel at any and all costs, including putting the safety and security of Israel over that of America. Abe Foxman, director of the Anti-Defamation League, let his mouth run before his brain caught on. He said, "with the exception of Ron Paul, there is not much difference between the candidates." Very well said Abe! We have no business in the Mideast. There should be zero foreign aid to any country for any reason. All troops not on U.S. soil should be brought home, and every offshore military base closed. We are 5% of the world population, but spend 50% of the world military budget! This insanity is going to send very soon since we are bankrupt.
GOVERNMENT DOESN'T WORK AND NEVER WILL WORK.
a. The U.S. Postal Service was established in 1775. They have had 234 years to get it right and are broke.
b. Social Security was established in 1935. They have had 74 years to get it right and are broke.
c. Fannie Mae was established in 1938. They have had 71 years to get it right and are broke.
d. War on Poverty started in 1964. They have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor" and they only want more.
e. Medicare and Medicaid were established in 1965. They have had 44 years to get it right and are broke.
f. Freddie Mac was established in 1970. They have had 39 years to get it right and are broke.
g. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year, and we import more oil than ever before. They had 32 years to get it right and are an abysmal failure.
Whenever you give the government a dollar you get back 10 cents in third rate services and 90 cents goes down the toilet.
Go to this website and watch the two short (one minute) commercials for Swiss America gold. Every TV station (including Faux News) refused these ads outright. These are as true as they are funny. More proof the government owns the media and the media is just the government propaganda machine. There is no gold in Ft. Knox. Gold and silver are the only real money. Green toilet paper dollars don’t even make good toilet paper.
Newt Gingrich is a disgusting piece of fecal matter, and absolute proof this country has gone totally down the toilet. The stupid sheeple in Georgia repeatedly elected him to the House of Representatives for twenty years. He is a flip flopper, a chameleon, and will say and do anything. A poll showed 50% of Americans would not vote for him under any circumstances, even to get rid of Obama. He is very anti-gun for a supposed Republican He wants everyone to submit a thumbprint to buy any gun, even hunting rifles. Here is what he said:
"I think we prefer to go to instant check on an immediate basis and try to accelerate implementing instant checks so that you could literally check by thumbprint... Instant check is a much better system than the Brady process." -- June 27, 1997
He also voted with the liberals for the Lautenberg Gun Ban. He supported TARP,
various Global Warming bills, the Patriot Act and all kinds of Marxist bills. His best friends are Pelosi, Reid, Sharpton, etc. when they can benefit him.
Every day in every way America is becoming a third world backwater. The greatest nation on earth is now the World Bully. After 235 years it is over folks. High unemployment, lack of economic opportunity, low wages, widespread poverty, extreme concentration of wealth, unsustainable government debt, control of the government by international banks and multinational corporations, weak rule of law, lack of infrastructure, counterproductive policies, poor public health, nutrition, and education are defining characteristics of 3rd world countries. All of this is happening every day in America. 100 years ago Britain “ruled the waves”, and was the most powerful country on earth. Now it is just a third world backwater, where more people are on the dole than off. Socialism and big government did this. Fifty years ago Argentina was the third largest economy in the world- until they chose socialism. Now they are ranked 47th in the world. Socialism and big government did this.
The Zionists and neocons have made it crystal clear they intend to attack Syria and take Assad out of power. The problem is Putin personally has promised to defend Syria from the West with the entire Russian military behind him. This is going to be a huge mistake on our part to even think of attacking Syria. This will not be like the insane act of aggression we pulled in Libya. Putin personally delivered 72 state-of-the-art Yakhont supersonic anti-ship missiles to Assad. Any warships we put over there will be vaporized.
Whatever happened to Christmas folks? Why is Obama celebrating Hanukkah? The American population is only 3% Jewish, and many of them are not observant. Have you seen ONE photo of him celebrating Christmas? Send it in if you do.
Why, here's another photo of Obama wearing his yarmulke. Gentiles don't wear yarmulkes. His entire cabinet is almost all zionist neocons like Axelrod.
You notice we haven't bored you with any news in Europe. Anyone can see Europe is a hopeless basket case. The European Union is falling apart at the seams, every nation is totally and completely broke (including Germany, the strongest), and the Euro is a doomed currency. After Europe collapses, watch for the U.S. to follow. That will be your signal to load up on everything you can to survive the Much Greater Depression. Don't waste your time listening to European news. Is all you need to know is that EUROPE IS DOOMED. That's all you need to know. Those morons have NEVER had freedom from the beginning of history. They get what they deserve.
The trade deficit has been falling. This is great, right? NO, IT ISN'T. The only reason the trade deficit has been falling is because Americans cannot afford to buy gasoline, and most of our oil is imported. The deficit is falling because we're broke!!! We have oceans of oil on U.S. soil. We have oceans of oil in Canada and Mexico. We have oceans of natural gas. We have 1,000 years of known coal reserves. We could have $2 a gallon gasoline/jet fuel/diesel today if the government would allow SASOL plants. The Germans converted coal to fuel 70 years ago. There is no energy crisis! We have more than 1,000 years of proven energy reserves if we would just use it. We don't need one drop of imported oil.
Iranian citizens are buying gold and silver, stockpiling food, and loading up on gasoline. They know the U.S. and Israel are going to attack them anytime. The world had an amazing 10 billion ounces of available silver in 1970. Now we have about a mere 700 million ounces (0.7 billion). This is a 93% collapse in supply. Silver is $29 and the best buy you are ever going to see in your lifetime. We are out of silver. The industrial use alone will use up this piddling 700 million ounces. The ever increasing investment demand has already emptied most every coin shop and mint in the world. Call one and they will take your money and promise you your silver next year. We are almost completely and totally out of silver. No, you cannot even begin to mine enough to take care of the world needs. It takes years to open a new silver mine. Silver is in almost every electric and electronic device you can name, and you cannot replace it with anything- other than gold and platinum. Silver is the best investment on earth by far.
The media told you Black Friday sales were up 16% setting a "new record". Sales were dismal. Spending should have been up 10% just due to inflation, but weren't. Shoppers were window shopping not spending. Last year the media tried to deny Christmas sales were dismal. They were pitiful. This year Christmas sales will be even worse, but the media will cover that up as well. People are out of money. They are broke, deeply in debt, unemployed, and cannot get a job. They are trying to live off their credit cards, but their cards are maxed out. Unemployment benefits are just another socialist scheme to support bums and cheats. No one looks for a job while their unemployment benefits are coming in. Taxpayers are going broke funding such big government programs. There should be no unemployment benefits whatsoever. Just more government micromanagement of your life from birth to death.
The Defense Authorization Act S1867 passed 93 to 7 and is now law. This means any military soldier can arrest you and put you in prison without charges for the rest of your life with no hearing, no trial, no anything. Don't believe it? Think it's too terrible to be true? Some right wing paranoia? Google "Bill 1867" and you'll see the reality. Even the ACLU is aghast at this destruction of what little was left of our Constitution and Bill of Rights. We now officially live in a totalitarian police state that makes people such as Stalin look like amateurs.
Want proof Rand Paul is a pseudo-conservative phony who is not like his father Ron Paul? He promotes the National Association of Gun Rights (NAGR). This is a B.S. organization who is always begging for money and sending out Internet scare stories with no basis. The National Rifle Association is another phony group. Join the Gun Owners of America (GOA). Send them money. Promote and defend real gun rights.
Real unemployment is not 8.% as the media tells you. It is 23% and getting worse by the day. This chart shows there are SIX people competing for every available job. Unemployment is going to 40% in the next five years.
The government spends $1.60 for every $1.00 in tax money it steals from you. Obviously this cannot last very long, and will end in total disaster. There is no such thing as an "unpaid bill". That's ridiculous! All bills get paid all the time every time, either by the buyer or the seller. The American taxpayer will pay this bill in the form of the worst depression the world has ever seen. There is no other alternative.
The real National Debt is really 10 times worse than this chart!
Wow! Here's a great chart! The National Debt was almost non-existent 70 years ago. Of course, there should never be one penny of national debt at any time for any reason. By 1975 you can see this took off, and is now completely and totally out of control. There is no possible way on earth to repay this debt other than a full scale depression. The problem is the unfunded National Debt is not a mere $14 trillion at all. That would be payable. The Gross National Product is about the same- $14 trillion. That could be paid off in 10 years by simply cutting government and military 10%. The real National Debt is more than ten times this much...well over $140 trillion. This includes Social Insecurity, Medicaid, Medicare, food stamps, welfare, and the insane military expenditures. Do you know what $140 trillion comes to per citizen (including babies)? About a half million dollars each for 300 million Americans. How many people do you know that have a half million dollars to give the government?
This could be your next Vice President. In fact, she could be your next President. She did her best to be either on in 2008, but failed. She clawed her way to U.S. Senator, and then Secretary of State. She was co-president for eight years when Bill was President. She had a major face lift, and should look 54 (she’s 64), but looks more like 74. Imagine if she weren’t covered with makeup in this photo. She is dying of cancer. We’ve been telling you this for two years now. She is morbidly obese, has elephantitis legs, is under horrible stress 24/7, and suffers from many serious health conditions she won’t reveal. Joe Biden is unpopular, and not a shoe-in for vice president. If Hillary becomes Vice President she’ll definitely have Obama killed so she can realize her Grand Narcissistic Dream.
No, that is not a joke.
This chart shows how to Dow to gold ratio is falling and falling and falling. It will keep falling. The Dow will fall and gold will go up. The Dow to silver ratio is much more impressive, but no chart for that is available right this hot second.
Yup, gun control is just wonderful if you are the one who controls the guns. Be sure you are well armed and have lots of ammunition. Load up on every possible thing you use and need everyday.
We'll see you in January. Have a Merry Christmas (it's not a "holiday", it's Christmas).
God bless all of you.
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