economy – TheTimeDok

There are many salient words of wisdom that I could pass on to people that some might actually remember.

In many of my writings, I do just that.

I think that one of the most germane “tips” that I could offer today is for folks to learn history.

History is cyclical.

The Rise and Fall of the Roman Empire… Why? What happened?
The rise of the Third Reich. How did it happen? What were the mechanism that took place during it, what happened during it and who took the fall? What changed as a result of it?
The Weimar republic, what happened and how did it happen.

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

I was in an office today talking with some folks and one person mentioned that she had just lost her job and found one where I was. She was now part time but “thank god she got Obama Care!”

She went on to say that it was an HMO through Blue Cross. She could not keep her doctor and had to use their doctors but her prescriptions were free, and her out of pocket was only $30.

My thoughts wondered to Greece as she was lamenting about not being able to keep her doctor, and how she felt that this doctor was not as good as hers. But since it was basically free to her, she guessed that it was ok.

So what will the future look like?

When this monstrosity of a bill was passed that nobody in congress even read, business reacted by changing their employment practices. Whatever the delimiter is between full time and part time, that is the max hours that they hire someone for. If that means hiring twice as many folks keeping them all part time vs full time; thus dumping them all onto the health care exchange (taxpayer funded) so be it.

This is why many companies have agreed to raise minimum wage. They don’t have to pay for health care or other benefits so they can afford to pay a little higher salary and they look like the good guys!

The employment numbers now “artificially” look good but, these are part time positions. Some companies hire through agencies allowing them to bear the burden of insurance and regulations. They become contract positions much like “Kelly Girl.”

Other companies hire folks for just enough hours that the part time minimum wage employee, can stay on government assistance, get a stipend from the company while still qualifying for government assistance. (TAX Dollars)

Now we have a huge percentage of the population at or under the poverty level, and each political party simply has to blame the other to create a voting base for themselves. The narrative is that it is the other sides fault. (It is both sides fault BTW.)

Those millions of dollars that each candidate raises is for the express purpose of manipulating you. Each and every one of them is lilly white and all of the others are bad. You know, throw grandma off the cliff bad! Its all Bullshit smoke and mirrors.

With the massive amounts of data collected, on you, they know where to scientifically play smear campaigns, and on which air time slots, during which programs to place them. for maximum effectiveness.

Swing states will be the target and Ohio will be one of the largest along with Florida!

The more that the government intervenes with its “social justice,” the more the people who bust their ass to work to get ahead, get screwed.

Families are simply too busy being the middle class to “learn history.” I don’t know what college teaches today, but obviously not history!

Just what is your fair share of what someone else worked for?

There should be one price for goods and services and that is simply not the case. If you are working, making good money, you pay much more than the person who is on welfare. As the matter of fact, the person who stays home all day may not pay anything for the same goods and services that you pay through the nose for.

That is socialism.

The progressive agenda that Greece is now the poster child for and why it does not work. Progressives buy votes with the middle class’s money.

The Greeks are so selfish or so misinformed that they want to continue to get free stuff, and allow, nay demand that the EU keep funding them. They don’t know how to fish. They have been on the government tit so long, that they are lost and somehow feel entitled to be provided for, much like your errant teenager who still lives at home after college because playing video games and sleeping half the day is much easier than getting out of bed and securing employment. Some parents enable them which is crippling them even worse!

This president is not the first to bring this country towards socialism, but he has pushed it much farther along than anyone before him by printing money and pushing social justice.

Greece is in trouble and China is now suffering from their economic policies. What we are seeing in the news today could be the beginning of the “crash” that I have been talking about since 2012.

I hope that I am wrong. This house of cards could topple and I am not sure what will happen if and when it does.

I suspect that some sort of financial reset may occur. What will your retirement portfolio look like?

I would keep my eyes on what the richest people in the world are doing with their resources.

With Millions of folks crossing our southern border; most if not all adding to the already “entitled” section of our population, disaster is not too far away.

Will it be a repeat of the 20’s.

http://www.history.com/topics/1929-stock-market-crash

The path that we are currently on is fraught with dangers. Those who manipulate the masses, are playing Jinga with the economies of most of the world’s super-powers, knowing full well that printing money is not the answer, but yet they are all doing it.

Where do the current billionaire’s invest their money, what is in their safe?

Know history…

Most of history is not worth repeating.

By the way, entitled is a misnomer in the way it is used today. To get entitlements, that means to get something that you are entitled to! That means that you did something to earn it! So, I ask again….Just what is your fair share of what someone else worked for?

-Best

We live in a world today that is much more hostile than yesterday, “speaking figuratively.”

We have an economy that is literally based on a house of cards for a foundation. The Feds are printing $40B a month ($1.1trillion a year) saturating our economy, devaluing our currency with every dollar that they print. With oil based on the US dollar, is it any wonder why gas cost so much? The “booming economy” is most certainly the same today as the dot com fiasco of a few years ago, when Enron was in the news.

We are not the only country playing this game, others including China are as well.

The economy is based on fabrications and we might as well try and spend monopoly money as that is what your greenback may very well look like in the not too distant future.

Those who survive this will most likely be that small subset of humanity who “lives off the grid” as it were. The people who live in the inner cities and who depend on the government for their existence will be in trouble when this house of cards falls. The Farmers in this country and others may survive as they know how to live without going to the local grocery store every other day for something. They also see the inside of a restaurant far less than the folks in the inner city as they simply don’t enjoy the disposable income that others do. When the bible talks about the meek inheriting the earth, one can’t help but wonder if he is talking about the farmers.

On top of the shaky economy we have small countries with the keys to Nukes! There are no winners if someone drops a nuke. Our defenses have most certainly been hardened to sustain an EMP, and a retaliation of biblical proportions would most certainly follow.

This exchange would involve other nations who have nukes as they will have certainly picked a side. “The enemy of my enemy is my friend.” While I have full confidence in the American Military and their ability to intercept any missile headed this way; the following actions would have serious repercussions worldwide.

Any exchange of missiles with the US would not only devastate the offending country (s); I am certain it would also trigger an economic meltdown worldwide. Everyone looses. Never mind the radiation that would be released to poison every man women and child in the entire world, as well the animals and vegetation.

I can visualize that last man standing, holding the key to a spent nuke, standing next to the shell of building, scorched from fire, with dead creatures and plant life all around him, with radioactive ash falling from the sky, declaring victory; as the blisters from radiation sickness bubble up on his body. We are truly that foolish! Nobody Wins!

When E=MC2 was discovered, Einstein wrote an impassioned letter to the president urging him not to use the bomb. That letter and is German heritage earned him a one way ticket out of the program. Oppenhiemer and others took over, and of course the rest is history. A nuclear device of a relatively low efficiency was created and dropped on our enemy, twice. If those were of a low efficiency, can you imagine what is around today?

An alliance of the superpowers is critical to keeping the peace, and our current administration does not seem to embrace that. Foreign policy is critical at this stage of the “game.” America needs to sort out who its friends are relatively quickly, and form that alliance that was so strong under previous administrations.

In retrospect, what is important to you? Is having a lot of money in the bank important? Is having a lot of gold in some small vault in your house important? What about food, water and guns? Add whisky and cigarettes to the food and water and you may have something. Why? That may very well be the new currency, if this comes down badly. Keep a good supply of your personal medications on hand; several days if not weeks of fresh water, and having some gas stored somewhere may not be a bad idea either. If they are that stupid to launch nukes, it really doesn’t make much difference. There will be no survivors, other than the cockroach. Mutually assured destruction, either by nukes or the economy or both; is not a cheery outcome.

While it is my fervent prayer that no one is stupid enough to pull the trigger, North Korea continues to be very provocative in its talks with media and other news outlets. Today they gave the Brits till the 10^th to get out of their country. What will be the spark?

-Best to you and those that you care about!