NIA Alert

The National Inflation Association came out with an alert that I'll forward.. Since I don't have everyone's email address, I thought it'd best be shown here. All credits to NIA, and such.

My comments after.
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July 13, 2010

Empty Store Shelves Coming to America

The National Inflation Association today issued a warning to all Americans that empty store shelves will likely be coming to America as a result of government price controls during the upcoming hyperinflationary crisis. This morning, NIA released a video preview of what hyperinflation will look like in the U.S. This extremely important must see video is now available on NIA's video page.

NIA's six-minute video released today goes into detail about an event that took place just outside of Boston, Massachusetts in May of this year. This story was widely ignored by the nationwide mainstream media, but NIA believes it was one of the most important news events of the first half of 2010. Although this particular crisis in Boston was due to decaying infrastructure, NIA believes a currency crisis will lead to the same type of panic on a nationwide basis.

NIA hopes that this video serves as a wake-up call for Americans to take the necessary steps to prepare for hyperinflation and become educated about the U.S. economy. In Zimbabwe during hyperinflation, Zimbabweans were forced to transact in gold and silver. It's only a matter of time before the U.S. dollar becomes worthless and the only Americans with wealth will be those who own gold and silver.

Citizens of Boston were able to survive their recent crisis with the help of the National Guard, but the National Guard won't be there for Americans during hyperinflation. 40.2 million Americans are currently living off of food stamps, but food stamps won't have any purchasing power during hyperinflation. The United States' day of reckoning is ahead. We cannot go on living with record budget deficits and accelerating national debt growth forever.

Just yesterday it was announced that for the first time ever, a major credit ratings agency has given China a higher credit rating than the U.S. While most credit ratings agencies including Moody's, Standard & Poor’s and Fitch Ratings still rate U.S. debt as AAA, NIA believes the real credit rating of the U.S. should be junk. The only way one could possibly justify a U.S. credit rating of AAA is by taking into account the Federal Reserve's ability to monetize our debt through inflation. However, printing money to pay off debt is a lot worse than defaulting on it. Inflation is very deceptive, it destroys the value of savings while transferring wealth from the poor and middle class to the rich.

The U.S. has a budget deficit just from Social Security, Medicare and Medicaid alone. NIA urges President Obama to implement dramatic cuts to these entitlement programs immediately, while simultaneously reducing the size of government across the board. Time is growing short for Obama to rein in government spending. The longer Obama waits to reverse course, the harder it will be for the U.S. to recover from the calamity that is about to unfold.

Please forward this message to everybody you know. It is essential to the well-being of all your family members and friends that they watch our new video entitled "Empty Store Shelves Coming to America" by going to: http://inflation.us/videos.html

Please continue to spread the word about NIA by telling your friends and family to subscribe for free.

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This may not come as a shock to most of you. I'm in concurrence with the authors. It's extremely important to prepare now while there's still money to prepare with that's worth a damn.

Erm... wait, no, that IS hilarious!

I caught Glenn Beck today, and I saw the funniest thing I've seen in a long time. It's funny 'cause it's true. We're so screwed it's hard not to laugh.

Dances With Death

Death comes for us all

The dance partner no one can ignore, Death, is as sure to take your hand as a fiat currency is sure to ruin its host country.

This sign coming to a town near you.

We must all take care to prepare for rough waters ahead, as our reaping-hour is soon at hand. It doesn't take a rocket scientist to figure out our insolvent situation will soon come crashing down around our ears.

Bad news is systemic, to be sure, and while we can't all just soak up 'bad news', we can take that news and do something productive with it.

Case in point:

I lost my job a week ago. I'll be collecting unemployment (never before have I even considered this, but now I have 2 kids to think about. if it were just me, however....)until I find a job. That old saying, 'you have to go where the money is' rings true. I had a job offer in less than a week, and even interviewed, but I would make more on unemployment than if I took said job. And that's before taxes.

What have I been doing? Since foresight is the mother of calamatous dodging, I started a 20'X14' Garden. I already have seedlings, and the horse manure is put in (unmulched, but it's a start... Florida sandy soil will grow nothing but weeds unless you put 'something' in it), and it's all coming together. I did that just this weekend. By hand. Not a motor to be found, save the lawnmower pulling the trailer full of sod out, that is. Hard work, you say? Damned right, and good for me, too. Manual labor is something I can get behind because it helps me think, and gets me in shape (other than the gourd-shape).

So, why am I not depressed because I lost my job? Hell, I found one less than a week later, that's why. I just didn't take it. Maybe not the best choice, but I could do day labor and make more than I was offered, so that's always an option. I'm also not depressed because there's ALWAYS a way of doing things that differs from your normal routine, and may be better in the long run. Hopelessness and belly-aching about problems does nothing to solve them, so chew it back and move forward.

Back on on topic, we're in for a wild week, financially speaking. Everyone is chin-jawwing about the stock market all of the time, and sure, its bad and all, but the S&P is what you should be looking at. Do some homework and you'll see why.

Stocks set to open on the downside this morning, we'll see how far down the rabbit hole goes today. My prediction? before we ever see true bottom, there'll be a rally, a several weeks long one, that brings us up to 9,000-10,100 area, before coming down on our heads. The bottom? Between 1,000-3,000. I know, I know, everyone's an economist these days, but that kind of talk is crazy-talk, right? Like, when everyone said the bottom wasn't going below 10,000, right? That kind of crazy-talk? Uh-huh. Ayuh. That's the ticket!


Wasn't long ago, a year maybe, that I was asking vendors (I was in the wholesale trade of flooring) and contractors, asking them about the economy. "Oh, it'll get better soon" was the usual nonsensical response I would get. "We'll be out of this mess soon" was another good laugh. I would say, "Wait and see. We're going down faster than the Hindenburg." and I'd get scoffed at. No biggie, I'm used to that.

Oh, the humanity!

Ah, but when I talked to the same guys a month ago, a different response was issued. "I don't know what to do" and "I lost 2/3rds of my 401k" were a few, as well as "I don't think we're gonna make it" and "I don't see a bottom to this thing", which were favorites.

Everything was okay a year ago, but now? Now everyone's running in circles and screaming while their hair is on fire. "We're ALL FRIGGIN' DOOMED!!!" to quote the Mogambo Guru.

But, news is just news. Try to do something constructive with it, instead of sit on your rump and bemoan the universe for your ills. Only you can do something about it.


Here's a few tips:

Off your ass.
Out of paper assets.
Proactive not Reactive.
Buy food, ammo, first-aid.
Plant things that will suppliment your food-buying.

do these things now, or just sit and wait for your dance partner. Your choice.