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Thursday, February 28, 2013

Sequestration,Fiscal Cliff, Economics

I am not a politician, nor am I a civil servant, in fact I will not profit or lose from what I say.   This is my disclaimer folks.

$80 Billion dollars sound like a lot of money but it is only 2 1/2 percent  of the budget.  It is less than 0.03 cents on the dollar.  Any home in America has this cushion ..... in fact they can make this deficit up by not buying water bottle.  Or it can be done by not buying Star Bucks, there are possibly thousands of way that this can be done.

Now this does not exculpate our leaders, they are after all looking out for themselves first, for their contributors second and for the rest of us if they must.  The constituency is for the most part politically inert as long as they are free to do as they please.  It is only when they are faced with periods of unemployment due to market stalls that they rear their heads.  Accusations, finger pointing, will grow in this field and fear is the weed.  

Excess fear will lead to panic.  Panic is a pathological state of mind, it is a mental hernia from which all your thoughts eviscerate.  If you turn to others for relief, their fears will mix with yours, this is confusion.

There are those who will benefit from your fear ..... some will gain by channeling your fear against others, some will gain by giving you a benevolence bath and some will gain by pretending to help.  Some people are sincere but wrong.  What you seek is a person that is right.

So how do the haves and the haves-more get your money?  They begin by selling you a 30 year mortgage ..... they get their crystal ball, read your future and presto you are in hock.   That's half your life.   So get rid of 30 year mortgages and you will be better off.  

They sell you an IRA and they invest your money and you will be lucky to have any money when they go bankrupt.  Your IRA is not portable, if you withdraw your money before the age of 65 they penalize you.

They steal your money.  The mint in San Francisco mints silver coins, it did so in 1992 thru 2011.  These silver Roosevelt Dimes, millions of them, were made after we were taken off the silver standard.  Did you know?  Do you have one?  Somebody has them. Those dimes are now worth $5.00 to $6.75 dollars.

So take a deep breath, relax and demand a budget.




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