Tuesday, November 09, 2010

SOON: MONEY, MONEY EVERYWHERE!

SPECIAL POST


Ben Bernanke has issued the orders to the Treasury to print hundreds of billions of additional American dollars. My God, we’re all going to be rich! I don’t know why no one has thought of this before!

Just think, you could be making two or three times as much money as you are today. Of course, those who are on a fixed income will still be making the same, but the rest of us lucky bastards could be making six…even seven…figure incomes in a very short period of time. Isn’t this just ducky? That $5,000 credit card balance can be covered in one paycheck! Hell, we can pay the $250,000 mortgage in a year! Yes, yes, yes!

To hell with the poor folks on fixed incomes, social security, welfare or extremely low incomes. Yeah, I feel sorry for them, but I’ll get mine! Yes, I want to buy that new Mercedes on the showroom floor. Huh? ONE MILLION DOLLARS?!!! YOU’VE GOT TO BE OUT OF YOUR TREE!

$5.00 for a loaf of bread? $5.00 for a beer? $5.00 for a glass of milk? $10.00 for a gallon of gas?

What if you are on the other side of this equation? Suppose you’re the mortgage holder who loaned you the $250,000 for your house and now that $250,000 is worth, in terms of current money, only $75,000? How much leniency is he going to give you if you miss a payment? For that matter, how much leniency is China going to give us if we miss a payment?

Obama says he wants to help the poor. There’s no help here for the poor; if you can manage to scrape by with $15,000 a year, how can you survive when your basic living expenses triple?

This sham is one great big lie, and it has to be stopped. People without money, as most of the country is today, are going to get screwed big time.

That’s MY AMERICAN OPINION, respectfully submitted. 

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