The Federal Government is broke. We have the largest debt in our history at close to $10 trillion dollars and growing exponentially everyday. In just the next year it will increase by $6 trillion. Since our debt is incredibly high and we are going through a global recession, we can not expect other countries, such as China, to fund our out of control spending problem.
We have been putting everything on our "American Express" credit card and now it is time to pay the bill. You may be asking yourself how we will pay back this debt since we are broke. The answer is the Federal Reserve will run the printing press. This will increase the money supply and make every dollar you have worth less. The bailouts and stimulus bills being passed by congress are only going to further damage our economy by distorting the value of the dollar. We have resorted to printing money out of thin air to fund our spending. Pretty soon the rest of the world will reject the dollar because of its worthless value. If you think the economy is bad now, wait until we look like the Wiemar Republic in the 1920s and we are pushing wheel barrels of cash around to buy a loaf of bread.
If you think this could never happen in America, it is time to wake up! We are running the printing presses day and night to pay for our spending and debt. Historically the way to preserve your savings, and to actually make money in the market, is to invest in the traditional safe haven of precious metals. Gold and Silver tend to go up in times of economic panic, especially when a currency is being devalued. Not only will the metals increase in value because of inflation, but the whole world is jumping to the precious metals market because this is a global recession and there is no other safe place to put your money. This should drive the metals market straight up.
Our country's economy is made up of 2/3 spending. Now that we don't have the power to borrow money to fund the economy, the standard of life will dramatically go down. We hardly export anything but dollars which the rest of the world is slowly starting to reject and have nothing to fall back on to get our economy rolling again. In order to preserve your wealth and ensure that you will have money in the future, it is vital that you get out of the dollar and into hard assets so you do not see your life savings disappear before your eyes. Take action ASAP, before its too late and you're wishing you had made this decision earlier. Buy Gold and Silver today!
A quick history lesson on why the market is so bad and why it will go lower. The Federal Reserve set interest rates very low during the Green Span years. This encouraged people to borrow money and buy things that they couldn't afford. Many people bought homes that were beyond their means. When the interest rates went back up the people who took out these mortgages found themselves not being able to pay back the loans. This brings us to today. Many houses are foreclosing and home prices are going down.
Our economy is in shambles because our country has been living beyond our means for awhile now. We have been borrowing money to pay for lifestyle. We have been running up the credit card debt, which now is around the 10 trillion dollar mark and is only growing larger. Our country is on the verge of declaring bankruptcy.
Now that our national debt is so high, countries like China are beginning to realize that we can not pay back the money we owe and have stopped lending us money. You might ask yourself, if this is the case then how did we pay for the bailout. This is where the underlying problem arises. We are now printing money out of thin air. Wall street gets this money first before it trickles down to the rest of us. By the time we see this money, it has lost a lot of its value. We print money which debases the currency. Every time the Federal Reserve prints a dollar is makes every other dollar in circulation worth a little bit less. Our dollar is not backed by gold or anything else. It is a piece of paper with no real value, and the fact that the Federal Reserve is printing billions of these dollars is going to send our country into an inflationary depression. Many people believe this is not possible because our country is so large and has been such a dominant world power. It saddens me to inform everyone that we are headed into a depression. We have run up the credit card debt and now we are printing money to pay it off. This is stealing the savings from every American by making every dollar you have worth less and less.
If you want to preserve your wealth and ride out this depression your best bet would be to sell your home ASAP, because although you may think prices are low now, they are going to go a lot lower. Take this money from selling your home and rent. Housing prices are going to go a lot lower and if you want to survive this coming depression you need to take any dollars you have and buy precious medals, such as gold and silver. This will preserve your wealth while the dollar loses more and more of its value.
The banks are pushing for a world currency and soon the dollar will no longer be the reserve currency of the world. Starting November 15th President Elect, Barack Obama will be meeting with banks to start the talks of this transition. So my advice is sell your home while it still has some its value. Buy gold or anything else that will preserve your money while the dollar declines in value. Rent a property until this depression rides out its course, then take your money that you preserved and buy a home in a few years after this mess is finally through. You will be able to buy properties for pennies on the dollar at that time.
Right now is not the time to worry about using your money to make money, right now you need to worry about preserving your money because if you keep it in the dollar you will lose all of your savings. We are living in tough times and its time to act to preserve your wealth. Sell your home while it still has worth, take that money and rent or downsize considerably and wait out this inflationary depression. Although we can not change what will happen to the dollar, we can prepare ourselves by taking the necessary steps to preserve our wealth.
Goodluck, and please don't take me word for it, do some research on this and do not listen to main stream media for all your tips because they are not reliable.
Christopher Ozar
NJ Home Front
Sales Associate
c_ozar@yahoo.com
www.ResourcesRealestate.com
www.njhomefront.com
www.campaignforliberty.com
So all you McCain lovers.. I support the troops I am just not brainwashed and stupid.. this war is going to be the destruction of our economy and country we need to come home on our own.. because if we don't we are going to be forced to come home because we can't afford it. I prefer bowing out instead of having to leave because we are broke.. what kind of message does that send to the world? To me it says we are weak and gives them every reason to attack. If we bow out peacefully at least we can save some face.
Oh and all you Obama lovers.. he just like McCain.. Look at his voting record.. hes a good speaker but full of shit.. there will be no change under him. We need real change, don't let Obama or McCain sweet talk you.. wake up America.. they both support the bailout, they both support war, and they are both going to do the same things in office because they are controlled by SPECIAL INTEREST groups.
Check out www.campaignforliberty.com Lets take our country back!
Oh and all you that love our troops, and support the war.. just remember who go the most military donations.. more than every candidate combined.. thats right Ron Paul.. so shut up about McCain being the guy the troops want. Obviously its not.. you think they want to be used in Iraq? Just because McCain loves war and was in one does not mean he should lead our country. Yeah he has experience, but the wrong kind.. I dont want someone in office who wants war.. but the military industrial complex runs both parties foreign policy.. stop being ignorant.. please wake up and do some research instead of watching the main media!
He instead announced that he was supporting all 3rd party candidates and just wants the American people to realize the problem with the status-quo. We need to send a message to the government that we don't like who you are letting us vote for. We need more voices to be heard, what kind of debate contains two people who basically agree on all the major issues, and both are dead wrong. They are either stupid, which I highly doubt, or favor special interest groups over the American people.. ding ding I think we have a winner.
So come on people, lets stop throwing away our votes by voting for a lesser evil. We need to get mad, we need to demand more choices. The people used to have control of this country, but we have let it slip. Check out www.campaignforliberty.com, lets take back this country together.
- Location:Office
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- Location:The office
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contemplative
This is my first post, if you would like to learn a little bit more about me check out my profile. So what are we going to talk about? Well I have no plan of what I will be writing about each day, I will just let it come to me. Today I started off my morning on the yahoo page, checking my email. Here I came across an article about Palin, the V.P. pick for the Republicans. I listened to her speech last night and she sounded good, but lets no forget that politicians will say anything for you to like them. I kinda liked her even though I am Ron Paul Republican, and against what both parties have turned re country into, so needless to say I will not be voting for her. Anyways what I read in the yahoo article scared me. She is saying that the United States sent troops to fight in the Iraq war on a "task that is from God." She also urged ministry students to pray for a plan to build a $30 billion natural gas pipeline in the state, calling it "God's will." What happened to separation of Church and State? This is very scary to me, since we all know the Iraq war was not about God's will, it was all about oil. Our leaders are using God as an excuse to kill millions of innocent, and some not sp innocent people across the globe. Religion is being used as a justification and we all know how that ends. We need to stop using God as an excuse. First of all I do not believe in a God, and second if there was a God he certainly would not want us fighting these wars in his name. We are starting to sound like a religious fundamentalists. We attack other countries and use God as our reason. We are protecting "democracy." Come on people we are not worried about spreading freedom, we aren't in Georgia because we want to help those people from Russia. We have oil lines and we are protecting them. All you have to do is follow the money trail. Our government is corrupt, the political system is corrupt, and religion is corrupt. We are becoming a fascist country, and throwing away the constitution. Wake up people, don't let the government use propaganda to trick you into believing that we are going to war for all the right reasons. Be a true patriot and stand up for the ideals this country was founded on.
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annoyed
