Monday, June 28, 2010

Economic Collapse Immenent

I hate being right all the time. If you look back over my posts for the past few months you'll see that everything I wrote about has come to pass. I spent this last weekend issuing a warning, my first in more than a decade, to anyone who would listen. I told them their jobs are in jeopardy, that due to Congress inaction to do what is necessary, the country is headed for trouble. Everyone thought I was being overdramatic. Till today when one of my friends who was promised his job was safe was laid off without warning. Worse, more and more economists are writing dire warnings about the real possibility of a coming Depression. Growth is failing, businesses are closing and there are NO jobs for people anymore. Worse, the government is hell bent on raising taxes and cutting services, a sure fire recipe for disaster. How do I know? Easy. I can fucking read. History has shown that when this type of action takes place, as it did in the 1930's and is occurring as we speak across Europe, people tend to riot. When the have's have everything, the not's tend to get a little mad. Since millions are without a job, health care, medicare, or any prospects of hope, the end game is upon us. Bernake has said that he will reopen the printing presses, opening the flood gates to runaway deflation/inflation. Study the fall of the Roman Empire or that of the Wiemar republic of Germany and it is very similar to what the world is going through right now. If you can, get a gun. You'll need to as the police will not be able to help. The Town of Mayfield, California no longer has a police force or firefighters or any city employees whatsoever. They all got laid off last week. 80 police from Oakland also got shown the door and we all know how safe that city is. With our idiot politicians, both D and R, we are screwed. The new bank bill submitted by the dems is a big blow job to the banks which does nothing to fix anything especially the deadly derivative market which could sink us faster than the Titanic. The only reason Repubs are against it is because Dems are for it. In theory they want the same crap. So hold on people, the ride is going to get very very rough.

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