Bad Boys, Bad Boys…

What ya gonna do when THEY come for you? In this case, THEY refers to  the bad boys that are coming for you. These are very real bad boys even if they don’t admit it or even know it. These Bad Boys are more of a gang. The gang is made up of your nanny government, your central bank and, the mega-bankers.

President Obama is setting the stage right now!  He stumped the West Coast this weekend telling anyone who would listen:

President Barack Obama charged that the Republican vision of government would “fundamentally cripple America,” as he tried out his newly combative message on the liberal West Coast.

“From the moment I took office what we’ve seen is a constant ideological pushback against any kind of sensible reforms that would make our economy work better and give people more opportunity,” …

That’s right. According to Obama, the Republicans want to cripple our economy. And guess what, friends? Obama’s message is not a total lie. It is what I call a “fractional truth”. You will understand what I mean by the time you finish reading this post.

Let me explain, in broad brush terms, what the future holds for the US and the world.

  1. The European Union is going to come unraveled soon or sooner. You have heard me say this before but this is not just this old man talking. A lot of pundits are saying the same thing, including Gary North and Mark Steyn. these are two excellent articles, by the way.
  2. When it becomes obvious that the European Union is going to unravel,  the markets will panic. The markets will crash and commodities will fall, including precious metals. That, my friends spells DEFLATION. There is nothing in this world that bankers fear more than deflation.
  3. And this where the Bad Boys come for you. You remember TARP, don’t you? Do you remember how Paulson and company put the fear of God in Bush and our congress? They were told the world would come to an end if the banks were not bailed out. Now I want you to try to imagine a TARP several orders of magnitude greater. You see, the unraveling of the European Union is a VERY BIG DEAL! This time the bankers are going to want the nanny government leaders and their central banks to put their printing presses into hyper-drive and print all the dollars necessary to payoff all the debts the sovereign debts (bonds) the banks are holding.  (Picture Bernanke, with a huge fleet of transport helicopters, dumping greenbacks all over the planet.)  This will make the dollar worth less than the paper it is printed on but the banks will have cleared their balance sheets. You know what this spells, don’t you? It spells HYPERINFLATION.

I can hear your thoughts. Your thinking the old man down there in the land of Oz has finally lost it, right? Why would the bankers want to have their loans paid off with worthless dollars? The answer is really quite simple. They can not live with deflation because their wealth would be seriously reduced. But, how can hyperinflation be good for them? It’s not. But they know how to carry their wealth through to the other side of a hyperinflationary period intact and maybe even increase their wealth to boot.

You see hyperinflation is a race. It is a race between the bankers and you. It is a race that the bankers always win. Why? Because, when the Fed creates all those worthless dollars, guess who is first in line? The bankers, of course. they will get all those brand new soon to be worthless dollars and they will immediately  use them to buy up gold and other asset of value before those dollars begin to circulate freely in the “Main Streets” and hyperinflation begins.

So you see, if the bankers get their way, they will walk their wealth along with some new wealth to the other side while we dummies struggle through years of hyperinflation. While we are suffering in chaos, the bankers and the political elites will be planning for a new world reserve currency that they will offer to save the world and then the game will begin again. The central banks will begin printing the new currency, the bankers will lend it out, the credit bubble slowly inflate again. We dummies will begin to rebuild with the crumbs we are allowed to have. Some of us will prosper again. Some of us will become rich again. We will produce wealth again. And this wealth will  eventually flow to the bankers and the elites and in fifty or a hundred years the new economic system will collapse again.

So, dear readers, I repeat; the Bad Boys are coming for you. What are you going to do? The European collapse will most likely take place after our 2012 elections.  Are we going to have the right people in place to resist the bankers this time? But, you say, if we resist the bankers we will be plunged into deflation. Isn’t that just as bad?  My answer is yes it will be very bad. But it will be relatively short-lived. Prices will quickly find their bottom. If our new leaders are wise enough to take our monetary system away from the bankers once and for all and establish a new hard currency, we will be able to grow our way out the mess in as little as a year.

So, the elections will quickly be upon us. Obama and the Democrats will be trying to scare the hell out of the voters that the Republicans will destroy America as we know it. This a good strategy for the democrats. Fear is an easy commodity to sell. As we think about who we are going to support in the coming elections, I pray that we will keep the Bad Boys in mind. We not only have to win control of all three branches of government, we must make sure we put the RIGHT people in place. People who will resist the bankers once and for all.

Among our current candidates there is only one that understands the Bad Boys and knows what has to be done. It’s not Mitt Romney or Rick Perry or Rick Santorum or Michael Bachmann. Ron Paul is the only candidate who understands the problem and what must be done. Now, I know that many of you detest Ron Paul for various reasons, including his foreign policy views. So, let me say this. Ron Paul does not necessarily have to be our next president, although I think he would do fine.  But, whoever our next president is, they had better listen to Ron Paul or some others that understand Austrian economic principles because that is precisely what our country is going to need. If Ron Paul can’t be our next president, he or someone just like him needs to be our next Treasury Secretary. Think about it, my friends. Please!

Well, that’s what I’m thinking. What are your thoughts?

NOTE:

Here is a link to an article you can read that explains how the bankers avoid hyperinflation. It is very long and difficult to read. The concepts are easy to understand. It’s the author’s writing that makes it difficult  to read. He uses 10,000 words to say what could have been said in less than 1000 words.

 

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34 thoughts on “Bad Boys, Bad Boys…

  1. I think this says it all. You are right on point, and the Fed is the instrument of our destruction.

    The value of the dollar remained extremely stable for 150 years, the Fed was created in order to “stabilize the value of the dollar,” and the result has been a 95% devaluation of the dollar in less than 100 years following its creation.

    From 1776 to 1912 (136 years), the value of the dollar, relative to the Consumer Price Index, increased by 11%. A dollar could buy 11% more goods in 1912 than in 1776. Thus, if in 1776, you sat on your savings pile of $1,000,000 for 136 years, it would then be worth $1,110,000 in purchasing power (it will have appreciated in value by 11%). A loaf of bread for Thomas Jefferson cost the same as a loaf of bread for Lincoln 50 years later and again the same for J.P. Morgan 50 years after that.

    http://bunkerville.wordpress.com/2009/12/16/the-record-of-the-federal-reserve-dollar-stable-till/

  2. Democrat…Republican…whatever. Anyone who comes to my door looking for trouble will find soon enough that there are some of us Americans who will not cower in fear. I do believe that our Second Amendment clearly states what my course of action would be should that kind of tyranny ever occur.

    Just sayin’.

    When the government fears the people…indeed, there is true liberty. Unfortunately, Mr. Jefferson couldn’t see hundreds of years to today, where our federal government, (and state governments to a point), have forgotten their role. It’s still We the People, right?

    Nice article, COF. A great way to kick off this Monday.

    1. For the record, I realize this article had a more financial slant to it, and I just spouted words that steered one towards actual physical action.

      To get to where I am, one must first see the dollar be crushed. I fear, however, that tis will occur sooner than I had anticipated.

  3. A few years ago, I was writing on a public site and predicted a deflationary move followed by an inflationary move. I was wrong. I underestimated the bankers resolve to avoid a deflationary event at all costs. So what we ended up with was this horrible, no jobs, inflationary, stagflated economy. I see no end to it.

    You get this feeling that the bankers are trying to herd everyone into the stock market for the final slaughter with their freshly minted money. They have ruined all other investments.

    That took some balls to support Ron Paul. This country isn’t ready for a guy that tells the truth. They still want some of that sugar coated bullshit that mainstream politicians spin so well. They’re not ready to take the seemingly “harsh” steps and get rid of a criminal enterprise that has been stealing their wealth for 99 years. I see people label Ron a kook all the time. I have simply grown weary of defending him with a bunch of people who don’t have a clue what they are talking about. That’s why Rick and Mitt are the front runners. People see them as “moderate” and sensible. That’s the same BS that swept the current moron into office. Lying to us and coming off like a moderate when he was a stone cold marxist.

  4. But, whoever our next president is, they had better listen to Ron Paul or some others that understand Austrian economic principles because that is precisely what our country is going to need.

    Spot on, my friend. And you are right they will continue to inflate, nurturing the folly that they can control it, just as a crackhead thinks he can control his habit.

    They have no choice. Inflating out way out of it is their dogma. They are incapable of thinking any other way.

    1. @Silver,
      What? What do you mean we’re in debt? Oh, just print some more money or raise some taxes, no problem. There is no problem so big we can’t throw enough money at it to make it go away.

      Just ask JMJ, TAO, or anyone in the Obama Regime.

  5. And, as Jackie Gleason used to say, awayyy we go:

    Christine Lagarde has signalled that the International Monetary Fund (IMF) may have to tap its members – including Britain – for billions of pounds of extra funding to stem the European debt crisis. The head of the IMF has warned that its $384bn (£248bn) war chest designed as an emergency bail-out fund is inadequate to deliver the scale of the support required by troubled states.

    http://www.telegraph.co.uk/finance/financialcrisis/8788223/Christine-Lagarde-IMF-may-need-billions-in-extra-funding.html

  6. Ron Paul is actually doing a lot better in the polls than the pundits thought. He is spot on regarding the Fed, in fact, he’s spot on about a lot of things that have to do with domestic policy.

  7. Ron Paul for Treasury Secretary? I love it! I actually like Ron Paul because he is a libertarian, originalist, and a constitutionalist but his foreign policy does scare me. I would love to see him gain more power of our monetary policies and maybe this would be the perfect position for him.

  8. The thing that I missed about Ron Paul for a long time regarding his foreign policy views is that I was seeing them as separate from the economic issues. They’re really the same issue as Gen. Butler said, War is a Racket, and the gains in that sector are huge. Our foreign policy would not be possible without a money machine called the Fed.

      1. Ah, it’s not just skimming the fat off with contracts that TPTB like about the military, but they are using it according to the disarmament State Dept paper 7727. This is from 1962 where it is suggested that the nations of the world reduce their armies and weapons stores while the UN police force increases. It looks like they took a slightly different approach by allowing the US to keep the name and look of their military, however, where do the marching orders come from? The UN. Our military is not about defending the United States anymore, our guard units are overseas and overextended. When is enough, enough? Those oil pipelines and opium fields won’t guard themselves, I suppose.

  9. For the Record… TARP is what prevented a depression… nothing else.

    Call it what you like, but TARP was a LOAN program and when all is said and done the taxpayers will make interest profits off TARP! It’ll overcome the default losses by the GM and Chrysler.

    When was the last time the federal government made a profit off an investment?

    1. Tarp didn’t prevent a depression, it simply delayed it and ultimately will make it worse. We aren’t going to make any money. Interest profits? Are you kidding me? We borrowed the money we loaned banks, GM and Chrysler. We didn’t have any money. We sold treasuries. Do you think we have quit paying interest on those treasuries we used for financing? I am amazed at that statement. And I suppose the 200 billion in loans to Fannie and Freddie…we’ll make money off of that too? What about the half bil on Solyndra? The government brainwashing continues..

    2. Welcome back, AZ. I really doubt we are going to see any profit from TARP. But that is beside the point. We should have accepted a depression and not allowed any stimulus. We would be well on the way to recovery today. As it is, we we have perpetuated the same system that gave us this mess. We continue to pay a heavy price for these actions and it’s not over by a long shot.

  10. If obama is blaming republicans from the first day in office, why did he ever bother to run. Has he forgotten the majority he had. Heck even if the democrats won every single state, federal, state and local, they would still fail. It’s the ideology obama, not everything else that refuses to bend to your fantasy.

    As for Europe, that looks more and more shaky by the day.

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