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Economic Dangers To America 2009

6 March 2009 One Comment
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Danger can be defined as when a person, organization or place has forces against its survival with its present integrity, character and functions intact.
The Rome of Nero, 0067 AD, was in great danger of collapsing because its Emperor had spent the greater part of Rome’s treasure on rebuilding Rome after the great fire of 0064 as a place of supreme beauty with Nero as Rome’s God emperor.
Nero went so far as to rob all the temples of their treasures built up over the centuries. He also heavily taxed the rich, even having them kill themselves so that he could inherit their money.
How is this true example from history far too similar to the United States of 2009 under President Obama? We ask this question to see if there is a lesson from history to be learned.
This issues involve you and I, ordinary, anonymous ‘little people,’ because you and I have to earn money daily to pay for our food, shelter and other necessities.
In times when we may not be able to do so we expect our government to provide for us, since we have been paying a healthy part of our work income to the same government in the form of income and inheritance taxes.
The government we pay so much money to then takes our tax money and spends it pretty much as it will.
Thus in the last eight years of the Bush Presidency this stupid, misguided man spent billions of United States tax dollars on useless wars against enemies who were never but a particle of a threat to the people of the United States.
When those in power misuse the public confidence and treasure and assume arrogantly their right to do so, then society as a whole is in extreme danger, and this means you and I also, the ‘little people.’
‘Little people‘ are defined as having no significant say over people in power who so influence their lives and take a big chunk of people’s income.
Remember our beginning point here is that since the recent United States government has spent ‘national treasure’ so foolishly on foreign wars, as well as not regulated ethically and realistically big economic institutions, such as the banks, then government will not have sufficient will or resources to meet the basic needs of its own citizens when they get into trouble, such as losing their jobs.
The question is for President Obama and his advisers and managers, ‘Are you going to be there for us when we lose our jobs, our savings and our mortgaged houses?
The answer apparently is No. President Obama, despite his strong and eloquent rhetoric, has no money to support the ten percent and growing who are jobless, or to save those who are becoming homeless because they are losing their mortgaged houses and their high rent apartments.
But, you say, Obama is forcing a Democratic Congress to pass the biggest bailout bill of history amounting to over a trillion dollars!
We ask back, where did Obama and his cohorts get so much money?
The answer is that the present United States government does not have ‘the cash on hand!’

Yes, folks, the emperor has no clothes!

Everyone sees Obama wearing clothes except the honest ones. The bailout bills are all about spending money today as loans to the government that future generations will have to pay back to the lenders.
Who asks who are these lenders that have a trillion or more dollars to give to the present Obama administration? The answers are vague. The truth probably is, there is no real extra cash in the world because in most countries there is a huge economic crisis there for their people also.
  • There is no extra money in the world, folks!
  • The emperor has no clothes, folks!
  • There is no real money in the world that is extra.
  • Is this not why the stock market is falling?
  • What does a falling stock market mean?
It means devaluation.
The values of stocks were already inflated above the amount of real value available in the world.
Not only has Bernard Madoff, the cheat, being selling worthless stock to his investors by giving them ten percent returns on their investments but by paying them this return with new money from new investors, but the United States government is now doing a similar thing!
‘Go easy on that Jewish crook, folks,’ says the broker in New York City, ‘because there are in Washington today crooks who are black, Baptist, Episcopal, Catholic, Protestant, White, Jewish, and Capitalist who are doing a giant Ponzi scheme as well.’
How?
Is it any different that the United States government is paying builders of new roads, is paying failing banks huge sums of loan money, is paying car manufacturers new money as they go bankrupt anyway, not out of present money, but out of future moneys that may never exist anyway?
What if half the working force of the United States is fired because there is no money to pay them?
Who then will provide for these workers and their families?

Economic Reality

Let’s face it. There is no surplus money today in the United States or in the world.
The world is in for hard times because it has some foolish and unrealistic views about economic reality and the financial and government systems.

World, and the United States, you don’t spend real money you do not have now.

The banks are failing in large numbers because they gave out big loans to people and companies with money they did not really have in their hands to people who did not have real money in their hands either, or the secure work to easily pay back these loans.
The United States is also involved in a Great Big Ponzi Scheme, just like Bernard Madoff, who is currently in the news.
The United States is trying to sell to its people the idea that it can spend money it does not have and pay everyone back in the future with future money.
Enough said!
But personally, please watch out for yourself. As the world goes, so do you.
Your best security is to have two or three different kinds of jobs. Don’t spend income on extravagant expenses you don’t need.
List of Things To No Longer Spend Money On
  • Don’t travel by airplane unless you make more immediate money than you spend. Almost no one needs to travel long distances.
  • Spending your extra money on travel and vacations is foolish. Put any extra money after daily living expenses, including health, into tools and eduction that will bring back to you even more value and money.
  • Don’t spend money on extravagance of any kind. The break point between loss and gain is maybe ten years old for most cars. Therefore, only buy a new car, or a recent used one, once every ten years.
  • Don’t buy or live in a house that is too big for you. If your children grow up and move out, then take renters in or sell the house and get a smaller place or even a garden farm to grow some of your food yourself.
  • Sell your big house and buy a workshop to make clothes to sell or tools to sell, or to be a little school to teach the new generations what you know for working effectively in life.
  • When your children grow up and move out, don’t keep their room for them. Put that room to work and do useful work with it and earn income. Turn your living room into a school room and teach what you are best at to a new generation. Education is a real plus for handling problems and hard times. And you earn some income if you are good at what you do and people come.
Economic Principles To Follow
  • Don’t spend money you don’t have or is not necessarily real, like a bank loan or buying stocks and bonds
  • Don’t spend money on extravagant and unnecessary goods and services, such as most vacations, airline flights and cruises, having a new car every year, sending your adult children to expensive collages and universities that charge way too much
  • Spend extra money on goods and services that are likely to create for you more money and value than you spend
  • Don’t leave resources to remain static but turn them into income earning ventures based on current changing conditions
Historical Parallels to the Bush-Obama Presidential Administrations
As we look at the current events of 2009 we see little difference between President Bush and President Obama.
President Bush initiated and got passed the first big billions bailout plan through Congress, spending money to save what used to be rich corporations, businesses and banks. Their principle was use government power to create money and spend this money as if it were real money.
Neither Bush nor Obama are letting inflated and unrealistic institutions and businesses collapse and using money only to help people with basic living and shelter needs.
President Obama is trying to use the United States government to save the American economy and its people, instead of letting these institutions fail or adjust on their own.
President Obama continues America’s military spending with wars instead of stopping these wasteful and ineffective programs that neither win the hearts of the people or make the world safe for democracy, or can be afforded by the American people paying high taxes while their health care and other services are neglected, such as education and small business investment.
The Psychology of Barak Obama

To be realistic we need a strong look at Barak Obama’s psychology.
  • Barak Obama suffers from identity weaknesses. He is not an American descendent of slaves black. He is half black from Africa. Half blacks are also half whites, but suffer psychologically prejudice from both sides of the genetic tree since they are hardly pure. This view is based on studies in social psychology known for a long time.
  • Barak Obama also comes from a split family with an absent farther, probably never a real father to the boy but an African man who simply made his white partner pregnant through sexual activity. What kind of stability can he have then never growing up in a secure family?
  • Barak Obama’s danger is that he over-compensates, as he seems to do now. He does not claim his white heritage to the same extent he claims his African black heritage. Yet the racial-cultural group that most supported Barak Obama for President, in the nineties percentages, are the American blacks, descendants of slaves. This population truly has known poverty and discrimination. Is President Obama overcompensating with his strongest constituency here?
  • Overcompensating means not keeping decisions in realistic terms. Thus we ask directly: why is Obama pushing through bigger spending bills with money the United States does not have than even Bush did? I say because Obama is overcompensating, trying to give back to the descendants of slaves what they so lacked for so many years in the United States.
  • President Obama is most likely unrealistic in thinking he can save the United States economy through spending money it does not have and the American people do not have. Coming from a broken home probably gave Obama ideas about spending money foolishly.
  • We have to ask, where are there government officials in the Obama administration who represent a large part of America, going back to European immigrants and frontier stock? Why are these people important? They come from generations of poor people who built the real wealth of the United States. These people are less likely to spend money they have not yet earned. It’s a different attitude towards money and economic reality, that’s all. It needs to be well represented in government policy. But will it be in the current rise of a populist movement? I doubt it.
  • Both Presidents Bush’s were such a bad example of the white, capitalist rich of America.
Summary And Things To Do
The thoughts presented here are the author’s own and given only for educational purposes, not political.
The author is a United States citizen but does not live in that country anymore since he chose to live as a World Citizen. Yet, he is deeply concerned for the country he still knows best, but equally concerned for the United States because of the effect it has on the modern world.
If you are moved by these concepts, the personal message is, have a view of the world, the country and these problems so that you best make your own economic and work behavior as realistic as possible.
Remember Nero and Ancient Rome
We began with Nero robbing the temples of his day to get more money to spend rebuilding Rome to his image of glory. Nero got inflated with feeling that he was a God, because he had God-like powers. Nero was eventually forced to commit suicide, mostly because he was hurting Rome too much with his economic spending policies and the coercion it took to get money. See the BBC documentary on Emperor Nero and Rome’s economic woes.
Our lesson in today’s world is to see that there is a direct parallel to President Obama and Congress in that they are desperately trying to rob future generations of their money and value to pour this artificial money into saving the present economy.
None of these politicians are economists, geniuses at understanding basic work-money flow. Our suggestion here is, watch out for a big fall, just as a Russian economist recently predicted.
Bad ideas always hurt worse than no ideas at all.

Has it ever been proven that human intentions carried out are any better than Nature’s own self-regulatory dynamics carried out via universal law?
Maybe it is just plain arrogance to say that “Man is the master of his own destiny?”
Only time and consciousness will tell, won’t it?


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One Comment »

  • Jeremy said:

    Hi Strephon,

    I think you have made a percipient analysis. It is a bit frightening.
    When a company is in danger of bankruptcy people dont want anything to do with it. So with GM. Who would want to buy a GM car if the company could go out of business and then there might be no one to service it with new parts etc. This general fear makes it hard for GM to regain its footing, even if it does have a solid plan. A problem is with the general confidence of the people in the system. Without confidence they will hold on to what they have and not spending it others will go out of work, expanding the welfare rolls and producting desperate crimes, costing the government more. Perhaps a good place to find work is in the Government social services sections.

    I admire Obama but also agree that noone can handle everything. The Treasury has yet to find high level quality deputies and assistants to give the proper advice and to manage the programs effectively.
    Obama promised to help the autoworkers part of his constituency, but he must worry too that the money may just be wasted and could have been used better.

    What an enormous job he has managing all those departments, not just the treasury, but facing the whole world of problems and making firm decisions on how to meet them every single day. And he’s never held an executive position before. Bound to make some mistakes before he is able to run for some touch downs.

    Now I see you are keeping posted with a very keep eye on world affairs, inc the U.S.A.

    Yours,

    Jeremy

    # 7 March 2009 at 4:52 AM

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