United States Heading towards a Depression?

Greenspan warns of high inflation 2-3 years from now:

http://www.moneycontrol.com/news/ec...gh-inflation-as-next-global-worry_414687.html

 

He's done a pretty good job of it in just a few short months.

That's the problem. Its the undoing that is causing problems.

 

If I ran for president and won, the first speech and every successive speech would drive home the point that what I planned to do was a long term process of change. It will take a long time to kill the income tax. It will take a long time to end social security. It will take a long time to dominate the world. But I am laying the groundwork for it, and I will keep everyone informed of progress.

But no, here we have O to the B with an Arrr to the Ack ack ack not telling people what they need to hear. As in, "Give us time to ruin your country" so that people stop bitching that he's taking to long when it hasn't even been a year.

 

Gold just hit $1000 an ounce today; this is a sign that people aren't buying the BS the government is telling us, and are voting with their pocket books by getting gold. Those of you who are buying gold now should have listened and got it back in 07 when I first warned you about this, I started buying around $740, and trust me, gold will be MUCH higher before this crisis is over.

The government is lying about the 9.7% unemployment rate, Ron Paul says the number is actually over 20% and he is one of the few men in Washington that has any credibility. Greenspan is right about the inflation, he should know since he played a part creating the problem we're in today. We will definitely have inflation, Weimar style. This big $23 trillion bail out that the government has pumped into the economy will come home to roost, and once it does, a gallon of milk could be $40.

But by that time, I'm planning to be far away from the U.S., and I have a nice stock pile of gold and silver to pay for necessities while we wait for the government to introduce the Amero, the new currency to replace the dollar once it collapses. It is funny reading in the news that NOW Americans are finally starting to save and pay down debt...........umm they should have been doing that like 10 years ago, or better yet, they should have not got into debt to begin with. That is the problem with the general public, they always do things after the fact. Most Americans will now start buying gold that it is $1,000, or they will wait for silver to be $200 an ounce and then start buying............those of us who read have been buying gold and silver long before it got featured in the mainstream news.

I recently took a vacation and on my way out of the U.S., both my bottle water and my body spray was confiscated, and this is supposed to be in a country that values freedom........I'm glad I speak a second language and have an online business that can provide me with cash flow no matter where I'am in the world, because this gives me not only freedom, but security as well. I feel sorry for those people out there who have no gold or silver, and who are working some dead day job for someone else paying both income taxes and social security into a system doomed to collapse, but I guess it is survival of the fittest, right?

I believe there is a high probability that we will hit hyperinflation by 2012 when Obama leaves office, but I'm planning to become a millionaire by then and I will be living on an island far away from the U.S. While countries around the world will experience hardship due to this global crisis, at least by getting the hell out of here I will be out of ground zero. Getting my shit taken from me in the airport really says a lot about the direction this country is heading in, they knew it was bottled water but they want to just treat us all like slaves, Gestapo style. The America that I grew up reading about died a long time ago..........

 

3 years ago when you were here, nobody could predict the stimulous nonsense.

 

Dems want to Fine People who don't buy Health Insurance

http://news.yahoo.com/s/ap/20090908/ap_on_go_pr_wh/us_health_care_overhaul



The dollar also hit a new low today. The lowest since last fall.

 

If the US sees hyperinflation, like Weimar Germany, the Federal Government is gone!

If they can't keep the dollar going, which started with the US Constitution, how do they expect the people to have any faith in the government whatsoever?

It will be 50 independent nations. An island isn't the answer. Be in a state, not overcrowded, with access to farmland and fresh water. You'll be okay WITHOUT gold and silver.

People in California, Nevada, Arizona, and Florida may be in some trouble.

 

i couldn't have said it better myself. im not American and already live on an island far away from the US and you are bang on.

 

You had me until the Ron Paul thing... I cannot read any further.

 

Mia, what do you have against Ron Paul? Would he not make a better president than Obama? You know Obama is a hardcore socialist, Ron Paul follows true Constitutional principles, and I believe he had a much better chance of beating Obama had he got the Republican nomination as opposed to McCain. Once the Republicans allowed McCain to face Obama they sealed their own fate, since he represented Bush and Americans were tired of Bush and the Republicans. Ron Paul brought a new Republican message to the table, or it would be better to say a traditional message. He, like Obama, also had a strong following with the youth.

My gut tells me that staying in the Continental U.S. is too risky, there is a high probability that we could have nation wide riots in the event of a collapse, whether deflationary or hyperinflationary, and at that point, there would be a revolution. When revolutions happen, you want to get far away from the countries where they occur, because you are guaranteed massive bloodshed.

50 Independent nations? Don't think for a second that the Feds would allow that without a fight. The last time states tried to break off from the U.S., during the Civil War, troops were sent in. We would have a second civil war, and that is yet another reason to be far away.

I do business with people outside the U.S. and they all keep saying the same thing.............to get the hell out while the going is good. Why stay in the U.S., with its high healthcare costs and cost of living, when you can live in a country like the Philippines or Costa Rica, where the U.S. dollar is currently much stronger than the peso and where you can live very well for less than what it costs here? For instance, Did you know it is possible to purchase a house in places like Bali or the Philippines for little more than $30,000? Sure, you can now find houses for this price and less in the U.S. to, but you have to either go to the Deep south or look in dangerous places like Detroit.

Is the Philippines or Costa Rica perfect? Not by a long shot, and every country in the world has its own problems. But the way I see it, I would rather be in a place like that or in some other island as opposed to being right in the middle of a country that goes in collapse, civil unrest, and a full blown revolution. Do you think Tom Cruise, Donald Trump, or Bill Gates are going to stay here during all that? Hell no, they're going to hop on their private jets and take off to Costa Rica, The Solomon Islands, The South Pacific, anywhere so long as it isn't here.

In my opinion, they are smart, and though I'm not as rich as them, it pays to think like they do............just leave, America is past the point of no return, we had our time in the sun, this empire is coming down, and it is going to come down hard. I'm not trying to have it collapse on top of me. The way I see, if you have an online business, and you're making passive/residual income, and you aren't tied down to the U.S., it makes absolutely no sense to stay here. Take college courses in the language of the country you plan on moving to and learn their culture, spend about a year learning it, and then get out of the U.S. as soon as possible. I believe a year of intense studying in most foreign languages should be enough to give you the basics, once you move there and start speaking it daily then fluency will naturally occur.

As far as gold and silver is concerned, I completely disagree with you on that. Not only will having gold and silver preserve the purchasing power of your wealth, but in the event of a collapse, you would suddenly become a very rich man, regardless of whether you stay here or move abroad. Virtually all paper currencies in the world are backed by nothing but air, and I believe that this economic crisis will cause every one of them to fall in value in relation to gold and silver.

I read a very good book this year about investing in gold and silver, and I will put it to you this way. All the Euros, dollars, reals, and pesos in the world are growing exponentially because of debt. While these currencies can be printed in huge quantities, gold and silver cannot. If there is a collapse of the dollar, all the dollars will "channel" into the small bit of gold and silver that exists, and you cannot imagine how valuable gold and silver will become. $8000 invested in gold and silver today may very well be enough to purchase a single family home here in the U.S. in the near future, and that is here in the U.S. This doesn't include other countries, where gold and silver's purchasing power is even higher than the local currency. Imagine being able to buy a damn farm in South America for a few ounces of gold, this I believe will become a reality in the near future, and if countries go back to the gold or silver standard, those of us who have invested well will be on top of the mountain.

 

I don't think I have anything against him. Its his supporters. Many of them are kinda loopy... That's all. Call the comment a momentary dab at sarcasm.

Yes, I know that Obama is a hard core socialist. He's also a lunatic, moron and closet Muslim. But he is the President. I do not want a true "constitutionalist" or "republican" in office. I want a conservative in office. Someone that neither literally, or figuratively "interprets" the constitution, but rather does what it says which is PROTECT, UPHOLD and DEFEND IT.

That's all.. Nothing else. Protect it, Uphold it and Defend it and my right to life liberty and the pursuit of happiness. Then GET THE FUCK OUT OF MY WAY!!!

Who can best do that? At this point, I have no idea. Whoever it is, be they woman or man, they need one big pair of balls.

 

LOL. It definitely takes you, little willy and the other loud mouths out of the race.

It is funny the person who was praising Bush for giving him welfare money, so he could buy his house, now the wants the government get the fuck out of his way as soon as he has a $50 in his pocket.

what the hell is your right to life, if you are going to die for the lack of medical care as the result of not having money? Doesn't the government have the obligation to provide a minimum of health care to all it's citizen?

 

No, the government doesn't have the obligation. Our Constitution and Bill of Rights doesn't say anything about the government providing a minimum amount of healthcare to its citizens; it should be the responsibility of the citizens to pay for their own health care. That is the problem with this country, as Ron Paul so eloquently states, everyone thinks it is "the job of the government to take care of them from cradle to grave. That is supposed to be the responsibility of the people."

This whole health care situation is a violation of the 10th Amendment, which makes it clear that anything not covered by the Constitution should be handled by the states NOT the Federal Government, but this issue is no big surprise since the 10th Amendment is the most violated in the Constitution.

I don't like the government telling me to "get health insurance or we will fine you annually." They are just looking for another way to tax us. Another problem with healthcare is that the government will decide what type you get, and quite frankly, I would like to make my own healthcare decisions and not be stuck in some government plan.

This whole thing sounds highly socialist to me. They are forcing everyone to get health insurance, when people can get fine without it. I read on the news that they are comparing it to "auto insurance." This is a stupid comparison, because the law only requires you to have this type of insurance if you are driving. If you don't drive, you don't need it. In other words, auto insurance is optional, this new law isn't...........they are basically saying get it or else.......and this is supposed to come from the land of the free....are you kidding me?

The reality is that if you eat right, exercise regularly, and live a healthy lifestyle, you have little need for health insurance, and if you manage your finances well, you can pay for most expenses out of pocket. The cost of health insurance is ridiculous, especially for those of us who are self employed.

Another thing you fail to consider is the cost of healthcare. Can't you connect the dots? The inflation of the dollar is causing healthcare costs to rise. Obama's plan is not getting to the root of the problem. The reason why millions of Americans go without insurance is because it is too expensive. If we got the economy under control healthcare costs would be low, incomes would be higher, and more people could afford it.

High health insurance is a direct result of high health care costs in general, and the high health care costs are a direct result of the expansion of the money supply, the decline of the dollar, which results in higher prices. Obama thinks he is smart; but I see right through him. He is pushing the U.S. towards a socialist police state, under the guise of "providing affordable healthcare for us all." If this guy was the real deal, he would be working to shut down the fed, get rid of the freaking income tax, and allow gold and silver to circulate as money. That would solve the problem, but since our president is the bitch of the Wall Street bankers, he is going to go right ahead and follow orders, which is to destroy the last vestiges of a free country. I, for one, won't pay for any health insurance, I will simply relocate to a country where the government doesn't force you to have insurance, and where my dollar is so strong that I can easily pay for the needed healthcare out of pocket. Think about it, braces here cost $5,000 and if you travel to India you can get a top of the line doctor to do braces for $700. Which would you choose?

 

Weimar ---> New currency (1 Trillion Marks Old = 1 Mark New) ---> hatred against Jews who saw the signs and invested in Gold --->>> Hitler ....

http://www.facebook.com/note.php?note_id=136441416996&ref=mf read and think and pass it on

 

Obama to hit China with tough tariff on tires

http://www.marketwatch.com/story/obama-slaps-tariff-on-chinese-tires-2009-09-11





China Ready to retaliate in response

http://www.reuters.com/article/topN...?feedType=RSS&feedName=topNews&rpc=22&sp=true

 

so far china has been getting a free pass everywhere. The number 1 polluter of the world refuses to contribute in any way to the international emission standards and while europe is paying huge clean air taxes and the dems are trying to get Cap and Trade to tax the American people further during a recession (Which historically has led to deep depressions), the Chinese go back to their logic of being a developing country which cannot afford it while indeed the rest of the world fears China will overtake the economy worldwide.

About time to make them contribute.

 

Contribute to what? It isn't chinas problem europe and america is stupid enough to do all that for no reason. They don't have to contribute to anything as far as "international emission standards" Mr. New world order enforcer who do you think you are? And as far as the tarriffs go all that will do is cause them to lead to higher tire prices for ALL TIRES imported and nonimported for americans because of less competition in prices because chinese won't be as cheap. Obama did it to save a few union jobs to keep support for his fascist healthcare plan.

 

Actually, Obama didn't go exactly with the committee's recommendation.

After a 35% extra tax, Chinese tires are still going to be cheaper than American ones (on average). The committee wanted 55% - that would have made all tires a little more expensive. The saddest thing is, 90% of "American" tires are made by companies with production facilities in China.


I might have to write a blog about this one now that I'm thinking about how absurd the whole situation really is.

 

I didn't know that 90 percent of american tires are made in china???

 

sure, but as long as republicans are not standing up to offer solutions for the environment, you will have people follow only one side on it and milk the tax payers.

Can you give me the accurate number of the percentage of oxygen in the air and peer reviewed independent studies whether or not climate change is simply cyclic?

You need to stop throwing terms around such as New World Order and start dealing with the issues which help the current administration mislead and scare people.