THINK I AM KIDDING ABOUT THE BOTTOM DROPPING OUT READ ON….

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THIS IS A MUST READ, YOU ALL NEED TO READ AND UNDERSTAND WHAT IS COMING.

(below courtesy of zerohedge.com)

 

Get prepared,” warns billionaire commodity guru Jim Rogers, “because we’re going to have the worst economic problems in your lifetime and a lot of people are going to disappear.” In this wide-ranging interview with MacroVoices’ Erik Townsend, the investing legend discusses everything from whether Russia is being scapegoated (“yes, ask Victoria Nuland”), the war against cash (“governments love it… they want to control everything”), to his views on gold and the demise of freedom.

On the Greater Depression…

…get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.

In 2008 Bear Stearns disappeared, Bear Stearns had been around over 90 years. Lehman Brothers disappeared. Lehman Brothers had been around over 150 years. A long, long time, a long glorious history they’ve been through wars, depression, civil war they’ve been through everything and yet they disappear.

So the next time around it’s going to be worse than anything we’ve seen and a lot of institutions, people, companies even countries, certainly governments and maybe even countries are going to disappear. I hope you get very worried.

when you start having bear markets as you I’m sure well know one bad thing happens and another bad thing happens and these things snowball just like in bull markets good news comes out then more good news comes out the next thing you know you’re five or six or seven years into a bull market.

Well bear markets do the same thing and so we have a lot of bad news on the horizon. I haven’t even gotten to war. I haven’t even gotten to trade war or anything like that but you know things do go wrong.

On governments continued war against cash…

Governments are always looking out for themselves first and it’s the same old thing you know Eric this has been going on for hundreds of years. The Indians recently did the same thing they withdrew 86% percent of the currency in circulation and they have now made it illegal to spend more than, I think it’s about $4000 in any cash transaction. In France you cannot use more than, I think it’s a €1000.

 

Many countries are already doing this. Some states in the U.S. you cannot make cash transactions above a certain amount. Governments love it. Then they can control you. If you want to go and buy a cup of coffee they know how many you drink, where you buy them etc. if they can all put it into electronic formats and they will the world is all going electronic. My children will probably never go to a bank when they’re adults, maybe never go to a post office maybe even never to a doctor or rarely to a doctor when they’re adults.

 

So the Internet and the computers changing everything that we know, money can certainly be easily converted to computers not today because there are still, some people who don’t have computers and the system is not ready it but it can be done and when it’s done the governments are going to be very, very happy they going to say they’re doing it for our own good Eric, this is not them, this is for our good. That they’re doing this, but it’s coming and it’s going to be a whole different world in which we live. Probably we are not going to have as many freedoms as we have now even though we are already losing our freedoms at a significant pace.

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WHY IS IT HARD TO MAKE ENDS MEET?

IF VIEWING ON SOCIAL MEDIA PLEASE CLICK AND GO TO WEBSITE FOR FULL ARTICLE !

 

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Bottom line is the quantitative easing the FED has done for the last 9 years plus has done NOTHING to benefit average Joe/Jane consumer.  The money has all gone to the rich, enhanced their Wall St. portfolios but done nothing to help the average American pay bills.  If anything , it has gotten harder for the middle and lower classes to make ends meet, as shown by the above graph.  We are getting screwed due to rises in rents, mortgages, healthcare and food costs and received no equally compensatory benefit in wages.  BOTTOM LINE YOU HAVE HIGHER COSTS BUT THE SAME REVENUE (WAGES).

In business that leads to less profits, in the home that leads to less expenditures on clothes, durable goods, food, vacations, or any other household expense you can think of.  If you are unfortunate enough to have a health issue you have nothing left after doctor visits and pharmacy fill ups.  It is getting harder to pay your bills and have anything left and in most cases the middle and lower classes have increased their debt load on credit cards to make ends meet.

I keep telling you this can not last nor will it.  The bottom has to fall out at some point either through the market or rebellion of the masses.  Trump supporters get it to a degree, they have a hint as to what is happening.  Democrats and snowflakes are in Disneyland thinking like Cinderella, the prince will save me, meaning the government would NEVER let that happen.  Well snowflakes the government, wall street and the FED is staffed by liars, cheaters and deceivers that will to anything to keep the ELITE happy, in their eyes you are expendable.  Democrats don’t get it and when the crap hits the fan will realize they wasted valuable time demonstrating and posturing for the cameras when they should have been doing bi partisan politics to rid the swamp.  I fear it’s too late, no matter how much of the swamp you clean there is a hidden swamp underneath.  Kind of like the mold that grows in a petri dish it just keeps expanding.

Check this out:

“As I look back, it now seems that, with all the thought and work and good intentions, which we provided, we achieved absolutely nothing… nothing that I did, and very little that old Ben [Strong of the Federal Reserve] did, internationally produced any good effect – or indeed any effect at all except that we collected money from a lot of poor devils and gave it over to the four winds.”

 

-Montagu Norman, Governor of the Bank of England 1920-1944

Interesting quote pretty much sums up what has happened and this was written nearly  70 years ago!

APPEALS COURT KEEPS DOORS OPEN RULES AGAINST TRUMP REFUGEES FLOOD IN ASSAD: SOME ARE TERRORISTS

(headline courtesy of drudgereport.co)

Ok….I have had it.

Are you freakin kidding me?  Proves liberal judges are ruling on this issue. How they going to feel if one of these “refugees” gets in this country and kills one of their loved ones or friends or innocent American citizens?  Can hear them now….”Not My Fault must have been a lapse in Homeland security.”

I have never seen such a lack of respect for a Presidential Order in my life.  Why didn’t they stop this when Obomba did this 5 years ago?

Sure everyone come in, bring your terrorists, miscreants, and diseases into this country.  What the hell we have our country under control?  NOT!  Read the other day mumps are on the rise in this country and it’s being attributed to illegals coming and spreading it to our children! Mind these illegals have been inoculated for  nothing but how to make bombs. But I digress.

So if you want to expose  your children to diseases, invite terrorists into the country, and allow more illegals to help to contribute to a country that is already bankrupt be my guest.

Trump will fight this in court but GOD knows how long that will take.

We are headed for the mountain with no pilot and the crash when it happens is going to leave carnage in everyone’s living room.  Enjoy when it happens, I will be prepared and half smiling saying what a bunch of idiots.

ON a lighter note:

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Love it ! She looks better in the uniform then she did in her angelic nun white outfit in one of the debates, forget which one!

 

 

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Beatles: “Can’t buy me Love” Lobbyists:”Can buy me Influence”

Isn’t this special! Check this list out courtesy of zerohedge.com:

2017-02-07-lobbying-2_0

Look at the bottom number! OVER $716 MILLION!

Buy my count over 12, that is over 20% of these lobby dollars came from MEDICAL or PHARMA or BIO companies.  Any wonder why nothing gets done on healthcare?

This is “SWAMP MONEY” you know the money down with the alligators, skunk cabbage and snakes.  This is an embarrassment, guess where these monies ended up?  You guessed it in someone’s pocket and not YOURS or MINE but likely in politicians that should have been expunged had TERM LIMITS existed.

Why are children drinking sugar drinks?  Look at Coca-Cola’s $7mill contribution.

Why are cellphone, internet and cable rates so high?  Look at AT&T, Verizon, Tmobile and Comcast.  Between the four over $40 mill!

We are screwed as long as this influence is allowed to continue.  They are using these lobby dollars to set the tone for America and brainwash us into buying their products.

Like I always say FOLLOW THE MONEY and this money leads right to the toilet!  This allows continuation of racketeering, money laundering and criminal activities.  These companies are ALL CRIMINALS and the politicians taking the money should be executed yes I SAID EXECUTED!

This is fascism to the 10th degree!

President Trump are you listening?

 

 

Soros…..Isn’t this precious!!!!!!

Records: Soros Fund Execs Funded Paul Ryan, Marco Rubio, Jeb Bush, John McCain, John Kasich, Lindsey Graham in 2016

GOAT & GREATEST COACH!

I left my son’s house at halftime saying we are done!  Came home, sat down watched Gaga (who was phenomenal!) and feared how much worse this beating could get in Super Bowl 51.

Son and I were texting I was so despondent, “Trade Brady”  “Trade Gostowski”  “Trade Gronkowski ( alias Pringle)”.  I was firing expletives like Mussolini off the balcony (Seinfeld reference)  Badda BING, BADDA BOOM trade the whole fffing team!

Then something strange happened.  The lead got cut to two scores.  THEN the lead gets cut to one SCORE.

THEN THE PATRIOTS TIE THE FREAKIN GAME.  HOLY SH*T ARE YOU KIDDING ME?

My son and I and sister are texting, calling all emotional CAN YOU FREAKIN BELIEVE THIS?

Then the coin toss;  WE GET THE BALL AMEN!

EDELMAN”S CATCH: THAT WAS DONE WITH MYRA KRAFTS HELP FROM ABOVE.

THE PASS INTERFERENCE IN THE END ZONE WAS A GIFT FROM ATLANTA.

THEN JAMES WHITE WHO CAN’T SAY ENOUGH ABOUT HIS PERFORMANCE!

HE SWEEPS, RUNS, WE F***ING WIN! HOLY CRAP WE WON!

I was literally on my knees like Brady talking to my son on the phone with tears in my eyes.

THIS WAS EPIC.

CRITICS CAN NOW STFU.

BRADY BEST OF ALL TIME, BELICHECK BEST COACH ALL TIME!

AND LIKE DONALD TRUMP THE PATS CAME OUT OF NO WHERE IN THE SECOND HALF AND SHOCKED THE WORLD.

THE SMILE ON MY FACE WILL LAST TILL NEXT SEPTEMBER WHEN THEY RAISE THE BANNER!

SCOURED ALL RETAILERS THAT CARRY NEWSPAPERS, YES FREAKIN NEWSPAPERS, TO GET MY COPIES OF THE BOSTON HERALD, BOSTON GLOBE, AND PROVIDENCE JOURNAL. I haven’t bought a newspaper since 2001!

And yes have ordered my hat and sweatshirt from the Pats Pro Shop already.

GREAT DAY FOR PATRIOTS FANS!

Falcons sit with clipped wings showering away the DIRTY BIRD…….LOL

ROGER THAT!!!!!!!!

Keep Demonstrating Democrats!!!

Like I have said in the past, the democrats and little snowflakes are DESTROYING their own party.  America is growing weary of their antics:c34caz_vyaedvu7-jpg-large

Numbers don’t lie, you are on the way out.  If you act civil and truly try to work with the other side on solving the problems in this country you might have better results!