Economic Rant

May 01, 2014

"...most men and women will grow up to love their servitude and will never dream of revolution."  - Aldous Huxley, Brave New World

Huxley wrote this over 80 years ago. You can see just how right he was. Not just Americans, but the entire world population loves their servitude to the government. America was the last bastion of freedom. For the first time in the history of this planet there is not one square inch of freedom anywhere. That alone is proof of End Times.


The media has been celebrating the anniversary of the Boston Bombing. No one died, and no one was injured, because no bomb went off. Just Hollywood explosives and DHS actors, including actors who were amputees. Well, the Social Security Death Index has proved no one died in Boston last year. The SSDI also proved no children or teachers died at Sandy Hoax. More DHS actors. Leave it to the government to screw up a hoax. They should have at least inserted fake entries into the SSDI to make it look good.


Here is Peking Michele in China waving the communist flag with a vicious look on her face. Have you ever once in the last 6 years seen her wave an American flag? Of course not. She and Obama hate America, and love communism and Marxism. Again, for a good laugh Google "Michele Obama is a transvestite" and you'll be shocked. The standard of living in China is ONE TENTH of ours. The average wage is ONE TENTH of ours. How would she like living there in dismal poverty at $3,000 a year? Your tax money sent her, and over 100 of her friends and relatives, there to party in luxury as usual. The fact the Obamas are in the White House is more prima facie proof of End Times.

 

The Bureau of Labor Statistics defines a family home as a dwelling with two or more people related by blood or marriage.. There are 80 million homes in America. 16 million of them have NO income at all other than government checks. No one works.

In 20% of American homes no one is working! 16 million families do not work at all!

You and I are supporting them.


In 2014, Americans will pay $3 trillion in federal taxes and $1.5 trillion in state taxes. Believe it or not, according to the Tax Foundation, that means more of your income is being spent on taxes than on food, clothing and housing combined!

 

Here is what happened as of January 1st 2014:


Top Income tax bracket went from 35% to 39.6%
Top Income payroll tax went from 37.4% to 52.2%
Capital Gains tax went from 15% to 28%
Dividends tax went from 15% to 39.6%
Estate tax went from 0% to 55%

 

All this was in the Affordable Health Care Act. Remember Nancy Pelosi said we had to pass the bill to see what was in it. Also remember that George Orwell, in his book 1984, said the government will name things exactly the opposite of what they are. The Affordable Care Act, the Patriot Act, the Dream Act, No Child Left Behind, etc.

 

Malcolm Berko is a Jewish investment advisor who writes the Talking Stock column for hundreds of daily newspapers. In 2009 he was permanently barred from ever giving investment advice. Yet, he still gives investment advice to millions of naive people. He is a paid disinformation agent. Today he claims the Dow is going to "20,700 by 2016". Doggone! Let's all run out and buy stocks. What a deal! The stock market is about to collapse. There is a long list of such people on radio, TV and your daily newspaper. Jim Cramer certainly comes to mind. The entire point of channels such as CNBC is to mislead the sheeple.

 

Remember that all currencies on earth for the first time in history are worthless "fiat" paper with no value at all. All paper currencies fail all the time, every time. It has never been like this...there have always been several gold and/or silver backed currencies you could put your savings in. More proof of End Times. The Fed keeps printing billions of "dollars" of green toilet paper 24/7. Your only economic protection is silver. Silver is now five or six times better than gold, not just four times. The gold silver ratio is up to

65:1 and could well drop to 10:1. The traditional historical ratio is 15:1. The U.S. has no gold, and Ft. Knox has been empty for over 50 years. Yes, we'll keep saying that. There has been no required audit for over a half century now because it's empty. You are going to see hyperinflation that will eclipse Zimbabwe and the Weimar Republic.

 

The media keeps telling you housing sales and building permits are skyrocketing! Baloney. Here's the proof you can't give away your house. The banks have tens of millions of unsellable "shadow inventory" homes they can't get rid of. They call these "assets", when they are detriments. Housing prices and sales are going to keep falling. You will see the average home- that sold for $225,000 in 2005 (the peak)- sell for about $100,000 before this is all over.



The media is celebrating the "20th anniversary of democracy in South Africa". Well, for 20 years now they have suffered under a Communist dictatorship. A one party ANC (African National Congress) dictatorship. You know, like North Korea and Cuba. The standard of living in South Africa has gone completely to hell under the ANC. Poverty is worse than ever, and violent crime has taken over the nation. It has been called the "murder capital of the world". Black were infinitely better off under apartheid. Remember that the Zulus were on the side of white apartheid, and wanted a separate and distinct culture. They actually sided with the white militarily. South Africa was the richest and most productive- and safest- nation in all of Africa under white rule. Now it is a third world communist dictatorship that exports nothing. The same think happened to Rhodesia. It was also the richest, most productive, and safest nation in all of Africa along with South Africa. The Zionists made sure all that was destroyed in the name of "freedom". Zimbabwe is also a one party communist dictatorship where poverty and violent crime rule.

ONLY HALF OF ABLE BODIED AMERICANS HAVE A JOB!

The chart below was in the last rant and needs to be published again. Only about half the able bodied adults in America have a job. Yes, there are students, retired people, and mothers-at-home, but this is a new low since 1929. In 2000 it was the normal 64% rate. This is right from the U.S. Department of Labor.

Look at the six month silver chart below. WE HAVE A QUADRUPLE BOTTOM!!! This seemed to be a triple bottom. There is no guarantee this means blue skies ahead, but it sure seems like it is. For five months now the $19 level has held. Note: April 30, we now have a FIVE time bottom today. Silver touched $19.10.


TARGET CHART


You think the economy is doing well? Look at this six month Target chart. Everyone you know shops at Target, right? If they aren't doing well, then no one is doing well.

 

WALMART CHART


Look at this six month chart of Wal-Mart. The King of all Retailers. They aren't doing well either. If the very largest worldwide retailer is not doing well, how is anyone else going to do well?


This is a bulletproof Subway shop in Chicago. That's right, just like a bank. The cities with the most restrictive gun laws always have the highest violent crime rate. Washington, DC, NYC, and Chicago have the absolutely worst guns laws in the country- and the very highest violent crime. Gun laws allow criminals to own guns, but not law abiding citizens. Criminals can always get guns.

This is not your next president (yes, it's pseudo conservative Rand Paul) kissing up to Israel at the Wailing Wall with his little yarmulke on. After selling his soul to the Zionists, he has been tossed in the trash. Your next president (at this point) will probably be necon Jeb Bush. The Democrats have no one to run, since Hillary is dying of cancer. They will have to come up with some pitiful excuse for a human being as a candidate. Make your vote count and vote Libertarian in 2016. Don't vote for the Lesser of Two Evils and you're still voting for evil.


Supposedly, David Letterman (a classic Jewish liberal) said this about the 10 reasons to vote Democrat. Actually, he would never say anything like this. It really doesn't matter which party you vote for, as we only have one Republicrat party in America. Just like Cuba, North Korea, and South Africa. This is funny though:

 

 

#10. I vote Democrat because I love the fact that I can now marry whatever I want. Iíve decided to marry my German Shepherd.
 #9. I vote Democrat because I believe oil companies' profits of 4% on a gallon of gas are obscene, but the government taxing the same gallon at 15% isnít.
 #8. I vote Democrat because I believe the government will do a better job of spending the money I earn than I would.
 #7. I vote Democrat because Freedom of Speech is fine as long as nobody is offended by it.
 #6. I vote Democrat because I'm way too irresponsible to own a gun, and I know that my local police are all I need to protect me from murderers and thieves.

I am also thankful that we have a 911 service that get police to your home in order to identify your body after a home invasion.
 #5. I vote Democrat because I'm not concerned about millions of babies being aborted so long as we keep all death row inmates alive and comfy and get sex change operations if they want one on the tax payers dime.
 #4. I vote Democrat because I think illegal aliens have a right to free health care, education, and Social Security benefits, and we should take away Social Security from those who paid into it.

#3. I vote Democrat because I believe that businesses should not be allowed to make profits for themselves. They need to break even and give the rest away to the government for redistribution as the Democrat Party sees fit.
 #2. I vote Democrat because I believe liberal judges need to rewrite the Constitution every few days to suit fringe kooks who would never get their agendas past the voters.

#1. And, the #1 reason I vote Democrat is:

because I think it's better to pay billions of U. S. dollars for oil to people who hate us, but not drill our own because it might upset some endangered beetle, gopher or fish here in America. We don't care about the beetles, gophers or fish in those other countries.



Deutsche Bank has 20 times more derivatives than the entire GNP of Germany! This is prima facie insanity of course. The German GNP is only 2.7 trillion, the entire EU only 9.6 trillion, and DB 54.7 trillion. The U.S. used to be the powerhouse of the world, but our GNP is down to about 10 trillion.

Deutsche Bank has 5.5 times more derivatives than the entire U.S. GNP.

The derivatives situation in the U.S. is even worse. The worldwide derivatives positions alone will destroy the entire economy of the planet. No one will be exempt. Own silver.

 

The Silver Bear Market is Almost Over...



This chart is not hard to read if you just look at the black line. The black line is our current (almost) three year bear market in silver. There have been eight bear markets in silver since 1968. This has been one of the longest, and is ABOUT OVER. History tells us this is either over or almost over. History repeats. Don't complain about what has al-ready happened seven times in the last 46 years. Just buy more silver bullion at the $20 level and be grateful you still can. Instead of being frustrated by this blatant manipulation, just take advantage of it. All manipulations end, and end very badly for the manipulators. If silver was allowed to trade freely today, it would be north of $150.

Let's remember the four rules on  how to get rich:

     Buy value and hold for the long term.

     Buy and hold and add on dips.

     Be right and sit tight.

     Never trade, never trade, never trade.


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