Saturday, June 28, 2008

Does Your Bank Account Feel Stimulated?

Last Saturday I finally received my George W. Bush "stimulus" check in the mail. I'll admit that while this program is a complete farce, I certainly needed the $600. That doesn't put me in different company from 90% of America though. Who couldn't use the average $600 or so boost to their account? Unfortunately, 99.0% of those who received a check - including myself - have already spent it.

Personally, I've been waiting for about six weeks now for the check because I've been wondering how I'm going to pay the rent and continue to pay down credit, watch Cablevision, and have electricity in the apartment all at the same time. I'm guessing this is the case with most people. Of course, the economy will see a slight boost because Americans are so dumb that even if they're in the same place I and so many others are, they'll still choose to spend $300/$600/$1200 (depending on tax status) on a couple of Red Lobster dinners, a night at the movies, and the cheapest HDTV Wal-Mart has to offer.

9.7 million stimulus checks went out during the past week, totalling $7.5 billion in money that doesn't exist. Where did a government that owes billions in debt to China alone each day come up with this nest egg? Answer: They didn't. It's more of printing green paper out of thin air. Even more ludicrous are the letters that taxpayers receive informing them of when they'll receive their check. About half of folks I talk to receive their check BEFORE they receive the notification letter. Not particularly helpful, huh? I was one of those people. Check came last Saturday, notice of check came two days later. On its face it may not seem important, but how many millions of extra dollars - that don't actually exist - is our government spending on man hours, postage and paper to get these letters out?

CNN Money, MSNBC and other "financial experts" are writing columns advising folks on how to best invest this money. Yet in actuality, anyone who can afford to invest anything didn't receive a check. As I mentioned earlier, the money is all spent, and that leads to a yet another paradox. How can you stimulate an economy with billions of dollars that have already been spent? The answer is you can't. The unfortunate reality is that you can tell the public you can and they'll believe you.

While the sheeple were busy cashing out this week, we quietly had one of the most disastrous financial performances in recent memory. The past seven days saw oil reach $143/barrel, the Pound hit $1.99/$, the Euro spike back to $1.57/$ and the stock market plummet back towards 11,000 (when just a few months ago we were well above 14,000). If it weren't so sad, it would be comical that this all happened during the week when our criminal government stepped up its economic "stimulization." Analysts added that we're solidly headed toward the worst economic June since 1930. Yes, that was during the Great Depression.

All of this said, I'm not in the least surprised. After all, I watched Alex Jones's 2007 film Endgame: Blueprint for Global Enslavement. In that film was extensive coverage of the 2006 Bilderberg Group meeting outside of Ottawa, CA. It was leaked back then that the global crime syndicate's aim was $200/barrel oil. Almost two years later, we now have the largest criminal financial firms squawking about oil between $150-$170/barrel by the end of the summer. Whenever the MSM and the elite financiers begin coming close to telling the truth, you can bet the farm we're in far more than dire straits. True economists like Paul Craig Roberts (father of Reaganomics), Bob Chapman (The International Forecaster), and Joseph Stiglitz (former head of The World Bank) have been warning of $200 or more/barrel oil for quite some time now. Not that MSM ever gave this any airtime.

Those who have the most to lose are those who have had the money to make investments over the past 5 to 10 years. These are the same people who were sure they were part of "the establishment." When our financial system finally collapses for good, these are the poor souls who will be most affected. And as terrible as it sounds, I don't feel the least bit sorry for them. After all, these are the folks who have enabled the MSM and the government to continue lying to everyone because it made them feel safe, powerful, and part of the "winning team."

For the rest of us, soon we'll need to come up with a warm, welcoming speech for our new teammates.

2 comments:

Anonymous said...

I can only hope that our new team mates won't throw behind Clemens like Estes did!

(Although, Estes did end up hitting that homerun later on...)

Anonymous said...

For the record, I got my letter a week before the check.

My concern is not with the man hours or the postage, etc..., but rather, why wasn't the letter printed on recylced paper with soy ink?