Wednesday, June 9, 2010
Why We Don't Have to Worry about Obama Being the Anti-Christ
What do they say? A picture says a 1000 words. The hollow man speaks, with most likely an Obama supporter in the background after a Mac attack.
UScivilflags.org- The Sovereign flag dispelling ignorance everywhere. The Anti-dote to Marxism.
Monday, June 7, 2010
National Inflation Ass. Mainstream Media's Incompetance about Inflation
Mainstream Media Incompetent About U.S. Inflation
NIA finds it disturbing that mainstream media outlets continue to give credibility to imbeciles like Dave Ramsey. Ramsey recently described gold as being "dumb", "speculative", "volatile", and one of the "weirdest" investments. Ramsey compared investing into gold to investing into diamonds and called its value an "illusion". He said that Real Estate is a much better hedge against inflation.
Ramsey recommends to his viewers that they purchase certificates of deposit (CDs) and tells them that once they save up enough money they should buy rental properties because, "People always need housing." It's a shame that prominent figures in the mainstream media today are giving such dangerous investment advice that will cause their viewers to see the purchasing power of their savings wiped out. The mainstream media needs to catch up with the times and realize the devastating effects inflation has had and will continue to have on our economy.
20 years ago, senior citizens were able to purchase CDs and live off of the interest they collected. With just $200,000 in a CD, seniors would earn $17,000 per year in interest income. Combined with social security, they had plenty of money to live comfortably. Today, $200,000 in a CD would only earn $600 per year in interest income and $600 today only has the purchasing power of $150 compared to 1990. This means seniors are now earning 99% less interest income on their savings compared to 20 years ago. NIA believes CDs are a "dumb" investment, because the real rate of price inflation in the U.S. today is already north of 5%. Those who own CDs paying 0.3% interest, are seeing a dramatic decline in their purchasing power.
Gold is the most stable asset the world has ever seen. While on the surface, U.S. dollars appear to be a "safe haven" because they have a number on them that always stays the same, U.S. dollars are actually the riskiest asset you can possibly own when you have a Federal Reserve that has expanded its monetary base by 135% since September of 2008. What volatility in gold prices actually show you is just how unstable the U.S. dollar is.
Gold is the best possible hedge against inflation because it is the most liquid asset in the world. If you own gold, it is possible to exchange it for any fiat currency instantaneously. Gold is easy to transport, easily dividable, very durable, fungible (one piece is equivalent to another - which is why diamonds can't be used as money), difficult to counterfeit, easily recognizable, expensive to produce (it can't be printed), with a value that's easy to determine at any time. These are all of the qualities that make a good inflation hedge.
Real Estate is not a good hedge against inflation because it's an asset that is very difficult to sell. In today's market it usually takes at least 12 to 18 months to sell a house and the transaction involves inspections, mortgage approvals, contracts, brokers commissions, etc. Considering the large shadow inventory of homes that will soon hit the market and cause a second wave of mortgage defaults, it will be many years until Real Estate is a good investment. By then, the median U.S. home will cost less than 1,000 ounces of silver.
Being a landlord with rental properties will not be a good business to be in during the upcoming U.S. hyperinflationary depression. In Weimar Germany during the years 1912-1913 before hyperinflation occurred, the average household spent 30.2% of their monthly expenditures on rent. By the third quarter of 1923, rents fell to just 0.2% of the average household's monthly expenditures. At the height of hyperinflation in Weimar Germany, households were spending 91.6% of their monthly expenditures on food, making it impossible for landlords to raise rents in any meaningful way. With a piece of fruit costing more than a month's rent, landlords saw their real rental income evaporate.
Unfortunately, the majority of Americans don't think for themselves. They get suckered into believing the financial advice of Ramsey and other morons who spew the same nonsense. Ramsey, who should have been chastised for being so wrong about the U.S. economy for so many years, is now quoted in the media more often than ever and was rewarded by FOX Business with his own television show. The media's agenda is not to prepare Americans for the currency crisis ahead, but to help maintain the dollar bubble for a little bit longer.
Source
Monex- The low-cost Gold and Silver retailer. Paul Bea- Account Rep. 800-949-4653 x2172 Use Kevin from Uscivilflags as referral to support this site.
NIA finds it disturbing that mainstream media outlets continue to give credibility to imbeciles like Dave Ramsey. Ramsey recently described gold as being "dumb", "speculative", "volatile", and one of the "weirdest" investments. Ramsey compared investing into gold to investing into diamonds and called its value an "illusion". He said that Real Estate is a much better hedge against inflation.
Ramsey recommends to his viewers that they purchase certificates of deposit (CDs) and tells them that once they save up enough money they should buy rental properties because, "People always need housing." It's a shame that prominent figures in the mainstream media today are giving such dangerous investment advice that will cause their viewers to see the purchasing power of their savings wiped out. The mainstream media needs to catch up with the times and realize the devastating effects inflation has had and will continue to have on our economy.
20 years ago, senior citizens were able to purchase CDs and live off of the interest they collected. With just $200,000 in a CD, seniors would earn $17,000 per year in interest income. Combined with social security, they had plenty of money to live comfortably. Today, $200,000 in a CD would only earn $600 per year in interest income and $600 today only has the purchasing power of $150 compared to 1990. This means seniors are now earning 99% less interest income on their savings compared to 20 years ago. NIA believes CDs are a "dumb" investment, because the real rate of price inflation in the U.S. today is already north of 5%. Those who own CDs paying 0.3% interest, are seeing a dramatic decline in their purchasing power.
Gold is the most stable asset the world has ever seen. While on the surface, U.S. dollars appear to be a "safe haven" because they have a number on them that always stays the same, U.S. dollars are actually the riskiest asset you can possibly own when you have a Federal Reserve that has expanded its monetary base by 135% since September of 2008. What volatility in gold prices actually show you is just how unstable the U.S. dollar is.
Gold is the best possible hedge against inflation because it is the most liquid asset in the world. If you own gold, it is possible to exchange it for any fiat currency instantaneously. Gold is easy to transport, easily dividable, very durable, fungible (one piece is equivalent to another - which is why diamonds can't be used as money), difficult to counterfeit, easily recognizable, expensive to produce (it can't be printed), with a value that's easy to determine at any time. These are all of the qualities that make a good inflation hedge.
Real Estate is not a good hedge against inflation because it's an asset that is very difficult to sell. In today's market it usually takes at least 12 to 18 months to sell a house and the transaction involves inspections, mortgage approvals, contracts, brokers commissions, etc. Considering the large shadow inventory of homes that will soon hit the market and cause a second wave of mortgage defaults, it will be many years until Real Estate is a good investment. By then, the median U.S. home will cost less than 1,000 ounces of silver.
Being a landlord with rental properties will not be a good business to be in during the upcoming U.S. hyperinflationary depression. In Weimar Germany during the years 1912-1913 before hyperinflation occurred, the average household spent 30.2% of their monthly expenditures on rent. By the third quarter of 1923, rents fell to just 0.2% of the average household's monthly expenditures. At the height of hyperinflation in Weimar Germany, households were spending 91.6% of their monthly expenditures on food, making it impossible for landlords to raise rents in any meaningful way. With a piece of fruit costing more than a month's rent, landlords saw their real rental income evaporate.
Unfortunately, the majority of Americans don't think for themselves. They get suckered into believing the financial advice of Ramsey and other morons who spew the same nonsense. Ramsey, who should have been chastised for being so wrong about the U.S. economy for so many years, is now quoted in the media more often than ever and was rewarded by FOX Business with his own television show. The media's agenda is not to prepare Americans for the currency crisis ahead, but to help maintain the dollar bubble for a little bit longer.
Source
Monex- The low-cost Gold and Silver retailer. Paul Bea- Account Rep. 800-949-4653 x2172 Use Kevin from Uscivilflags as referral to support this site.
Sunday, June 6, 2010
Is the Government Bankrupt? The Prince and the Pauper
Is Our Government Bankrupt?
by Walter Burien - 05/10/10
Analogies are fun to use:
Is the Colombian cocaine cartel short of cocaine?
The most important things to look at per government are the basics:
1. What was the income of that local government in 1998 - 2002 - 2005 - 2007 - 2010
EXAMPLE: Now if Bill Gates had a net worth and income of:
•In 1998 a net worth of 51 billion and 4 billion income.
•Then in 2002 a net worth of 56 billion and 5 billion income.
•Then for 2005 a net worth of 62 billion and income of 7 billion
•Then in 2007 a net worth of 71 billion and income of 8 billion
•But then in 2010 his net worth dropped to 65 billion and his income was now 6 billion, would he be crying "bankrupt"? (Numbers are for example use only):
Let's present this information above in two ways.
The first will be the way the government is presenting it:
1. Our income in 2010 has dropped down by almost 25% from 2007 and our losses brought our net worth down by 6 billion dollars, we have been severely damaged by the weakened economy since 2007 and must fire employees, raise taxes, and cut back services...
And now for a reality look and check using different parameters:
2. Our income from 1998 to 2010 has increased by 2 billion dollars (50% INCREASE) AND our net worth has increased by 14 billion dollars (about 35% INCREASE)
So on example #2 the key questions to ask yourself are:
1. What was the population increase from 1998 to 2010? If it was 12%, 18%, 20%, or 25% government by the numbers is clearly in the black.(in most cases it was probably under 15%)
2. What was the "real" rate of inflation from 1998 now adjusted for 2010? If 10% to 20% by the numbers government STILL is clearly in the black.
3. The last primary factor to look at is: What was the average increase in the population's income from 1998 to 2010 for comparison with the governments income increase?
Now these are the basics which of course a complete vacuum and void is created in the minds of the population due to the money involved. Focus your attention here to determine if you have a government that is a "for profit and a take-over machine" or a government "representative of the people's interests"
I have looked many a times and know in advance you will not be pleased with what you find when you look.
What is the difference in the presentation of the bankrupt scenario? ANS: A bunch of spoiled and ruthless yuppies of which most are attorneys greasing the skids as they dot the "I's" and cross the "T's" walking with as much cash as they can today as they with a strong arm also lock in the productivity value of the next five to seven generations. Their presentation of prospective has worked easily and grandly for them over the last 70 years and there is nothing of any consequence stopping them as of today so the beat goes on!
Government "plays" great paupers to the media for presentation to the public while at the same time having the net worth of a million Bill Gates. The perspective you are spoon feed from your government is NOT in your interests but in theirs as the US / local government financial "empires" continues to expand Worldwide..
Source
Take back your country one Silver coin at a time. The Constitution says thou shalt use Gold and Silver. Does the buck stop here or are you going to keep passing those smelly notes. Monex is the low-cost Silver and Gold retailer. Paul Bea acct. rep will take care of you. 800-949-4653 x2172 Use Kevin from Uscivilflags.org to help support this site and the mission of restoring the Republic.
by Walter Burien - 05/10/10
Analogies are fun to use:
Is the Colombian cocaine cartel short of cocaine?
The most important things to look at per government are the basics:
1. What was the income of that local government in 1998 - 2002 - 2005 - 2007 - 2010
EXAMPLE: Now if Bill Gates had a net worth and income of:
•In 1998 a net worth of 51 billion and 4 billion income.
•Then in 2002 a net worth of 56 billion and 5 billion income.
•Then for 2005 a net worth of 62 billion and income of 7 billion
•Then in 2007 a net worth of 71 billion and income of 8 billion
•But then in 2010 his net worth dropped to 65 billion and his income was now 6 billion, would he be crying "bankrupt"? (Numbers are for example use only):
Let's present this information above in two ways.
The first will be the way the government is presenting it:
1. Our income in 2010 has dropped down by almost 25% from 2007 and our losses brought our net worth down by 6 billion dollars, we have been severely damaged by the weakened economy since 2007 and must fire employees, raise taxes, and cut back services...
And now for a reality look and check using different parameters:
2. Our income from 1998 to 2010 has increased by 2 billion dollars (50% INCREASE) AND our net worth has increased by 14 billion dollars (about 35% INCREASE)
So on example #2 the key questions to ask yourself are:
1. What was the population increase from 1998 to 2010? If it was 12%, 18%, 20%, or 25% government by the numbers is clearly in the black.(in most cases it was probably under 15%)
2. What was the "real" rate of inflation from 1998 now adjusted for 2010? If 10% to 20% by the numbers government STILL is clearly in the black.
3. The last primary factor to look at is: What was the average increase in the population's income from 1998 to 2010 for comparison with the governments income increase?
Now these are the basics which of course a complete vacuum and void is created in the minds of the population due to the money involved. Focus your attention here to determine if you have a government that is a "for profit and a take-over machine" or a government "representative of the people's interests"
I have looked many a times and know in advance you will not be pleased with what you find when you look.
What is the difference in the presentation of the bankrupt scenario? ANS: A bunch of spoiled and ruthless yuppies of which most are attorneys greasing the skids as they dot the "I's" and cross the "T's" walking with as much cash as they can today as they with a strong arm also lock in the productivity value of the next five to seven generations. Their presentation of prospective has worked easily and grandly for them over the last 70 years and there is nothing of any consequence stopping them as of today so the beat goes on!
Government "plays" great paupers to the media for presentation to the public while at the same time having the net worth of a million Bill Gates. The perspective you are spoon feed from your government is NOT in your interests but in theirs as the US / local government financial "empires" continues to expand Worldwide..
Source
Take back your country one Silver coin at a time. The Constitution says thou shalt use Gold and Silver. Does the buck stop here or are you going to keep passing those smelly notes. Monex is the low-cost Silver and Gold retailer. Paul Bea acct. rep will take care of you. 800-949-4653 x2172 Use Kevin from Uscivilflags.org to help support this site and the mission of restoring the Republic.
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