Welcome to Roger's Economic Rant
August Economic Rant - Roger Mason
On July 18 CNBC was forced to admit that gold and silver were rocketing higher and higher. So, what did they do? They brought on morons who said that gold and silver were, “not good long term investments”. Well, if gold and silver are not good long term investments, then please tell me what are? Silver and gold have been the only real money for 5,000 years now. That kind of defines long term doesn’t it? Folks, there is nothing on this earth (except farm land) you can put your life savings into. Silver is four times better than gold, and will return to the traditional historical 15 to 1 ratio, and then fall all the way to 10 to 1 (e.g. $6,000 gold and $600 silver).
Lindsey Williams (author, The Energy Non-Crisis) keeps warning about your retirement funds. He says to sell your IRA or 401k no matter what you have to do. He keeps saying that all paper investments are, “worth the paper they are written on.” Well put Lindsey! Sell your IRA or 401k, take the penalty, and buy silver bullion. What if you have to quit your job in order to cash out? Then quit your worthless assed job! He says the Euro will fail before the U.S. dollar. That may or may not happen, since the dollar has been falling like a rock, while the Euro keeps going up. Sell them now and buy silver at $40. Your poor old author is still massively short U.S. Dollar futures, has been, and will be. Lindsey also says we’ll see $200 a barrel oil in 2012. $200 is his magic number. He further says the Mideast will be in flames, and Saudi Arabia will be the last to fall.
Food prices are going to the moon. Liberals are fond of saying that 1 billion of the 6 billion people on earth, “go to bed hungry every night”. Well, it would be better if that 1 billion simply starved to death so there would only be 5 billion people on earth. If you are too stupid to feed yourself, you’re just taking up space on an extremely overcrowded planet. Stupid people who can’t feed themselves are the very ones who breed like cockroaches. Productive people don’t overbreed. In fact, productive people are falling in populating every year, while the unproductive are breeding like cockroaches. The population is falling in Japan. The white population is falling in Europe, Canada, Australia, NZ, and the U.S. These people have no right at all to keep breeding like insects and overpopulating the planet. It would be wonderful to have a mere 1 billion people (or less) on this planet. Soon we’ll have 9 billion people. ALL OF THIS OVERBREEDING IS DUE TO STUPID, LAZY, UNPRODUCTIVE PEOPLE. Actually liberals hate the poor. If they really loved the poor they would give them birth control instead of welfare checks and handouts.
Ray Dalio is the head of the world’s largest hedge fund. The biggest hedge fund on earth. He sees total economic collapse in the U.S. by 2013. He says the money printing and other factors make this unavoidable. Here is a man who personally controls $80 billion. More and more people like him are coming out and saying these things trying to warn people about the economic disaster ahead.
The whole debt ceiling debate is a fraud, a sham battle. The Cut, Cap, and Balance Act would not cut, cap, or balance or deficit at all. It would actually add 2.4 trillion to the budget. It is a hoax plain and simple. The Senate rejected it anyway. Both parties will raise the debt ceiling. Our budget has doubled in the last decade. The military, endless unneeded entitlements, Social Insecurity, and Medicaid/Medicare make up the vast majority of our budget. We don’t need to default. We DO need to close every one of the 700 military bases we have in 130 different countries. We DO need to end every war and bring the soldiers home. We DO need to stop Obamacare. We DO need to stop all foreign aid to every country, especially Israel and Egypt.
We DO need to stop all these insane socialist entitlement programs. We DO need to legalize all drugs for all adults, and shut 1/3 of the jails tomorrow. America will never recover from this obviously. After 235 years we have collapsed like all other democratic countries have. Britain and Argentina were would leaders. Now they are Third World backwaters. We’ll be a Third World banana republic without the bananas. Yes, China will take over as world leader, but the average Chinese is a low IQ peasant incapable of freedom or prosperity. Back in 1990 our economy was TRIPLE their economy, even though they had four times the population Now their economy will equal ours in a few years. The still have four times the population, so this is real world proof of their total genetic inferiority. Nevertheless, they will soon run the world. The Chinese hate white people, and are looking forward to running the world after 5,000 years. One of the first things they will do is invade the socialist wimps in Australia and New Zealand and take over those two countries. And you still can’t see this is End Times?
Housing starts going back over 50 years!!! Look at this chart. Actually there should be about zero housing starts. Just more proof the housing market will keep collapsing for years, along with the commercial market. If your house is underwater, then give the keys to the bank and walk away! It will just be more underwater every month for years to come. The average U.S. home will sell for $100,000 within five years. You will be able to buy that home for a mere 250 ounces of silver. That is $10,000 today. There will be tens of millions of unsold homes that the banks will have to rent out in desperation. Banks will become rental agents. The middle class is disappearing folks. The hallmark of an affluent free society is always the mainstay middle class. Real unemployment is about 22%, and not the 9% figure the media tells you. This is going to 40%. Read that again. We are going to have 40% unemployment within the next five years.
You keep hearing the National Debt is $14 trillion dollars. No, it isn’t. That would be payable since the entire GNP of America is $12 trillion. We could pay that if we cut the budget dramatically. The real National Debt is approximately $170 trillion dollars. That’s the real debt folks, not this silly $14 trillion figure. YOU ARE GOING TO PAY THAT via the worst hyperinflationary depression the world has ever seen. You are going to pay that debt. That is a bout a half million dollars for every man, woman, child, and baby in America. And we are raising the debt ceiling to make it every worse. And you think this isn’t End Times? This isn’t just the worst depression the world has ever seen, it is the end of civilization as we knew it for 5,000 years.If you want to see the future just take a hard look at today.
"Socialism is a philosophy of failure, the creed of ignorance,
We told you repeatedly that silver bottomed at $33 intraday and $35 close back in May. Is this due to psychic powers, or stunning economic acumen? Hardly. Silver is going to take off from here. Once it breaks thru $50 it is going to Mars to refuel for the trip to Pluto. COMEX silver inventories (available dealer ounces) are down to a mere 27 million. Remember this is the largest stash of silver in the world. This entire inventory would give everyone in this country a mere 2 grams (2 paper clips) of silver. Also remember the COMEX is self-audited, which is the same as no audit at all. It is very possible they really only have maybe 5 or 10 million ounces in their vaults. No one knows but them. Lastly, remember there is no gold in Ft. Knox. Google “Ft. Knox is empty” if you want endless factual proof of this. That means the dollar is backed by nothing at all. Toilet paper is more valuable since it actually has practical use.
There is no “energy crisis”, no “peak oil”, no energy problem whatsoever. We have a government problem, not an energy problem. We have 200 years of KNOWN oil reserves right here in the U.S. They are in the Bakken Field, Rocky Mountains, Alaska Reserve, Gull Island, and various offshore wells. We also have 200 years of known natural gas reserves. The big factor is we have 1,000 years of known coal reserves. We can make $2 a gallon gasoline, jet fuel, and truck fuel from coal via the SASOL process TODAY, but the government won’t allow one SASOL plant. We also have endless uranium for nuclear fuel. You and I may not like nuclear energy, but it beats living in caves. The entire energy shortage is engineered. Windmills, solar energy, and biofuels are ridiculous frauds only morons can believe in.
Want to see ten reasons we now live in a police state that gets worse by the day?
1) Rule by force instead of law is the bedrock of a police state. It matters not what the general public wants anymore.
2) Peaceful protest is ending. Like in Red China. Protest equals terrorism more and more.
3) Checkpoints like in Russia. The worst of these is airports. The TSA will spread to train stations, bus stations, and then shopping malls. The plans are already in place.
4) Citizen spy networks. Janet Napolitana teamed up with Walmart with the See Something Say Something program. Rat on your neighbor for no good reason at all.
5) Executive orders. See 1). Rule by force instead of law. George Bush issued 60 of these. If you Google them you won’t be able to sleep at night.
6) Control of everything by “regulatory agencies”. The Department of Energy, for example, has ruined our own energy making it MORE expensive.
7) President can declare all the wars he wants without Congressional approval.
8) Gulags are now FEMA camps. Yes, they exist and yes, they will be filled.
9) Torture has never been part of the American tradition. We were above that. Now it is just business as usual.
10) Control over all communications and media. All media is now government controlled.
It just gets better folks. America has far more prison inmates per population than any other country including North Korea. We have the highest car theft rate. We have the highest rape and sexual assault rate. We have the highest murder rate as well. We simply have more total crimes per population than anywhere on earth. We have more police, courts, and jails. We have far, far more lawyers than any other country. We spend more on health care because we’re the sickest. And nearly all of that in the last hopeless six months of our lives dying slowly. We have the fattest people in the world. America is the most obese national of all. We take far more prescription drugs than anyone. The average senior citizen is on six different drugs and making the pharmaceutical corporations and doctors richer. We use more illegal drugs than anyone else. Heck, almost everyone is on dope. If we would legalize drugs we could empty our prisons, courts, and let the police arrest criminals. We take more anti-depressant drugs (especially women) than anyone. Why are the most affluent people in the world the most depressed? Surprisingly, we do not lead the world in suicides. Go figure. We have the highest divorce rate in the world by far. Over half of all marriages end in disaster. This is not to say the other 49% have anything going for them. We watch more of that Idiot Box than anyone. Dish Network and DirecTV are in every home, including those on welfare. We produce 90% of the pornography. Why can’t people find mates to have sex with? We have the largest national debt per person. We have the largest trade deficit per person. We have the most complex and incomprehensible tax system in the world. This could be replaced by the Flat Tax or the Fair Tax tomorrow morning, but it won’t be. We have over 700 military bases in 130 different countries. We don’t need one soldier not on U.S. soil. We spend half the world military budget with 5% of the population. 10% would be reasonable. We should cut our entire military budget 80% tomorrow. We give out more foreign aid than anyone. We should not give one cent to any country for any reason. We have given more countless mega-billions of dollars to Israel (the largest recipient by far) than any other country. They can’t support themselves?
Look at this 94 year chart of government debt. Until 1970 we had a handle on this. Of course we lose sight of the fact that the government should never be in debt! In the last 40 years things have gone completely to hell. All debts get paid. There is no such thing as an unpaid debt. YOU are going to pay this debt via the worst hyperinflationary depression the world has ever seen.
To prove what a total hoax the Tea Party is look at Michele Bachmann. She is actually trying to run for president and is considered a “leading Tea Party conservative”. She says, “first and foremost we should stand with Israel”. I thought America came first, not Israel. America will collapse if we don’t stand with Israel. The only reason America has been blessed is because we have blessed Israel. Our alliance with Israel is vital to our survival. My favorite is, “Israelis and Americans are two sides of the same coin.” She claims the Christian faith is “rooted” in Judaism. Christianity and Judaism could not be more diametrical. Christianity is rooted in the New Testament and Judaism is rooted in the Talmud. Christians say to forgive seven times seven. Jews say never forgive, never forget. She claims they are the greatest strategic ally we have. They are not our “ally” and never have been. She claims the “overwhelming majority of Americans” agree with all the above. This woman should be in a mental hospital. We should not give one penny in foreign aid to Israel or any country. We should not be involved in the affairs of any other country. What happens to Israel is none of our business. “Friendships with all, alliances with none” our founding fathers said.
Every currency on earth is collapsing compared to silver and gold. The dollar, Canadian dollar, Euro, Pound, and Yen are all collapsing as valued in silver and gold. (Thanks to BMG, Inc.)
Now look at the S&P 500 in terms of gold. It is even worse in terms of silver. This also applies to the Dow Jones and other stock indexes. Valued in silver and gold all stock markets are doing badly. The Dow cannot break the 10,800 level in 2008 and will soon collapse. It doesn’t matter when it will collapse, just that it will. (Thanks to Chart of the Day).
This is Barack Obama’s mother Ann Dunham Soetoro. His mother is a white whore who posed for pornography and married a black man. Snopes claims these are “Marcy Moore”, but her face is unique and this is undeniable. Marcy looks nothing like her. Google “Obama’s mother naked” if you have any doubts about these photos. No, they are not photo shopped or altered in any way. Gee, the media isn’t publishing these are they?
If you think there is a shred of hope for this country look at the above chart. We used to basically live within our means with only minor deficits. We had a trade surplus. Now we have a $16 trillion annual debt ceiling with only $12 trillion for the total Gross National Product (GNP). Both the Democrats and Republicans are trying to raise the debt ceiling. No one is trying to reasonably cut anything. There is only one party in this country, the Republicrats.
TAXES ARE GOING UP ON EVERYONE. That’s how socialism and Marxism work. You tax people to death on everything. The top 1% of wage earners already pay 40% of federal taxes. The bottom half pay nothing. So, 1% pays 40%, and 50% pay nothing. But this isn’t good enough for Obama. When you keep taxing the rich they shut down their businesses and there are no jobs. You kill the golden goose. We all learned that in grade school.
Theodore Herzl, the Jewish founder of Zionism, on the Jewish question:
"The wealthy Jews control the world, in their hands lies the fate of governments and nations. They set governments one against the other. When the wealthy Jews play, the nations and the rulers dance. One way or the other, they get rich.” Folks, Theodore Herzl was the very founder of Zionism. The goal of Zionism is to rule the world. Something that has almost been completed. These are his own words. Do not confuse everyday Judaism with Zionism. Very few American Jews are Zionists and want to control the world. There are many Gentile and “Christian” Zionists like Joe Biden and Michele Bachmann. You do not have to be Jewish to be a Zionist, so this cannot be “anti-Semetic”. Many American Jews are not observant and marry outside of their race. Many Jews go to liberal temples or only attend temple on holidays. Orthodox Jews don’t even accept conservatives Jews as real Jews. There is really little Jewish unity in America because of such factors.
The wheels have already come off the train. It is just a matter of time until we crash. There is no hope at all. There is nothing we can do at this point as things have gone much too far. Want to repeal ObamaCare? Go to www.repealitnow.com and sign the petition. Do not send them any money. Just sign the petition and ask all your friends to sign the petition. We can actually repeal this Marxist nightmare. Huckabee is another worthless pseudo-conservative Necocon, but he is sincere about repealing this abomination. Also, be sure to watch the NIA videos (www.inflation.us), but do not send them any money, or buy their stupid stock advice. They are nothing but crooks running a “pumpanddump” scheme, but their videos are great! One good website is Gordon Duff at www.veteranstoday.com. No, you don’t have to be a veteran, and he should change the name of his website.
Please remember not to get any vaccinations. Do not get x-rayed at the airport. Go thru your house and list everything you need on a daily basis. Get a six month supply of everything, especially whole grains and dried beans. If you live in the city then move. If you live in an apartment then move. Be prepared for what is coming. If you have no firearms for self defense buy some and take a course in their use. It is more important to have lots of ammunition. Keep some gasoline in safety containers. Have at least a small 1,000 watt generator. It is simply good sense and good policy to be prepared for emergencies in this way.
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