Archive for July, 2011

A Perception of Our Future,* The Good * The Bad * The Very Ugly, View # 2 The Bad

Tuesday, July 19th, 2011

The Worlds Leftist Leaning governments sell their populations  on the concept of fiat money.

They embrace  the Keynesian economic theory that printing massive amounts of paper money  will solve the world’s daunting economic woes, when in fact the printing is a core problem with the system.

Over time, most currencies lose most of their value.

Inflation runs rampant, destroying the middle class. This has the effect of handicaping the most productive people in society; the primary segment in society that produces more tha they consume.

The negative economic climate leaves succesful corporations with $billions in cash, reluctant to expand in the turbulent  environment.

Rather than hold large sums of currency, they use the “stimulus” money to but their own stock, or to fund mergers and acquisitions.

This infusion of corporate cash into the stock markets, results in a stock market boom in the midst of a spreading depression.

The U S Government, believing that it has the obligation to “make everything fair, and to spread the wealth” embarks on new draconian ways to control the economy.

Price controls.

Wage controls.

Limiting Corporate compensation.

Eliminating corporate tax write offs “labeled tax loopholes” takes away incentives for investments in new technology

Petroleum products become increasinglt expensive and rationing becomes the accepted norm.

A Government agency is set up to enforce the mountain of new laws and regulations.

The population becomes increasingly  dependent upon the government for survival.

Politics becomes the best way to manipulate the masses, and the surest way to accumulate wealth at the public trough.

The flow of people fleeing the United States turns into a Tsunami, as life becomes increasingly grim and restrictive.

Perceptions of Our Future * The Good * The Bad * The Very Ugly* View #1 The Good

Monday, July 11th, 2011

                                           

                                       VIEW # 1 THE GOOD

Word leaders have an epiphany and come to the realization that keeping interest rates artifically low , is having the effect of destroying their currencies.

Cheap money and flooding the markets with unbacked paper currency is having the effect to diluting the wealth of their citizenry.

The resulting creeping inflation is lowering the living standards worldwide.

This is  creating scarcity as more paper chases a finite amount of consumables, including food, fuel, and clean water.

The realization that we are creating a scenario where bailouts will continue to grow, leads out wise leaders worldwide, to make a series of dramatic fiscal decisions, beginning with a return to a gold backed currency.

Interest rates are allowed to rise, and ” Too Big ti Fail” becomes ” Too Big and Expensive to Save.”

The Federal Reserve is closed and a return to Fiscal Responsibility is reluctantly agreed to by the President and Congress.

There are massive protests, and disruptions in the economy resulting in the Government downsizing for the first time in 100 years.

Useless and duplicate departments are closed.

Many taxes are lowered or eliminated.

40% of Federal employees are let go.

The Military closes 90 % of foreign bases, and brings the troops home.

The war on drugs is ended, and crime rates in Mexico, and the United States drops radically.

Controlled devaluation of the dollar  is instituted, and much of out national debt is brought into line by the painful readjustment of our economy to a sustainable level of work and direct reward.

When our entreprenurial spirit is allowed to grow without heavy regulations, our economy begins to respond.

Our GDP embarks upon a decade of unprecedented growth, reaching 6-7% a year, and ushering the new Golden Age of Civilization.