Category: Politics

Gold Made Easy

It can be a challenge trying to keep up with all that is going on with the economy crisis that we are experiencing, what with bail outs, stock market fluctuations, factory closings, layoffs, and the value of a dollar going up and down, here there and every where. I think we are all on a overload at this point, so this nice spring weather should help ease the pain, even if it’s just a little bit, we all need and deserve a break at this point.

Gold is something that has always been a good investment and still is today, along with other precious metals. Gold has always been considered and used as a safe haven investment, which can bring a much desired peace of mind with an unstable market, much like the one we are experiencing now and will be for some time to come. Right now owning gold is a beneficial thing more than ever due to the markets and currency fluctuations. And I’ve found a great website that addresses the issue at Goldmadeeasy.com/shop. Their site has a ton of beneficial information that is kept current and update with the latest in the gold market. Something that you might want to check out at your leisure.

Bailouts Explained

Why are bank bailouts required? Here is a simple explanation…
Heidi is the owner of a local bar.

In order to increase sales, she decides to allow her loyal customers – most of whom are unemployed alcoholics – to drink now but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans). Word gets around and increasing numbers of customers flood into Heidi’s bar.

Taking advantage of her customers’ freedom from immediate payment constraints, Heidi increases her prices for wine and beer, the most-consumed beverages. Her sales volume increases massively.

A young and dynamic customer service consultant at the local bank recognizes these customer debts as valuable future assets and increases Heidi’s borrowing limit. He sees no reason for undue concern since he has the debts of the alcoholics as collateral.

At the bank’s corporate headquarters, expert bankers transform these customer assets into DRINKBONDS, ALKBONDS and PUKEBONDS and then further into derivatives. These securities then are traded on markets worldwide. No one really understands what these are and how the securities are guaranteed. Nevertheless, as their prices continually climb, the “securities” become top-selling items.

One day, although the prices still are climbing, a risk manager of the bank — subsequently fired because of his negativity — decides that the time has come to demand payment of the debts incurred by the drinkers at Heidi’s bar. However, they cannot pay back the debts.

Heidi cannot fulfill her loan obligations and claims bankruptcy for her bar, retiring to her Swiss chalet, bought with the salary she paid herself from bank loan proceeds.

DRINKBOND and ALKBOND drop in price by 95%. PUKEBOND performs better, stabilizing in price after dropping by 80%.

The suppliers of Heidi’s bar, having granted her generous payment due dates and having invested in the securities, now have problems of their own. Her wine supplier claims bankruptcy and her beer supplier is taken over by a competitor.

The bank is saved by the government following dramatic round-the-clock consultations by leaders from the governing political parties. The funds required for this purpose are obtained by a tax levied on the non-drinkers.

You may think you just have read a joke. If so, why aren’t you laughing? Yes, sadly enough, the truth is that this is exactly what is going on with the banking bailouts. But, the truth actually is much, much worse, because the government functionaries engineering the bailouts are bought and paid for by the bankers … with your bailout money, of course.

Obvious Solutions

Sometimes the most obvious solution is right in front of us, yet for some reason we just don’t see it. When we use common sense in life things do tend to be a little bit easier. This subject came up after reading an article on gas prices, where it state that only 10% of Americans work from home. You would think that with the increase in gas prices that that number would have at least doubled by now.

Fortunately for those few they are saving a lot of money and time (without the commute). Unfortunately for the rest of us one reason why we still drive into the office is because employers do not trust us. That was the top reason why a lot of companies did not want their employees to work from home. Other reasons revolved around the work that needed to be done. For example, if you work the front desk at a hotel you need to be there in person. I guess the only thing we can do is hope and pray that the economy will improve in the near future

2,000 Year Old Seed

I was reading an article on the Internet about how a two-thousand year old seed has been sprouted and is now growing quite steadily. So far it has been growing for thirty some odd  months and is now an amazing four feet tall. It is the seed of a Judean date tree which is now extinct.It seems that according to this article, several seeds of this type were discovered some forty years ago and have been stored until just recently, when a group of scientists decided to try to germinate it. I’m still not quite sure why they only tried one! Anyway, what is good and important about this is that they think (and hope) that the tree will have some medicinal uses. I’m all for that!

Just One State

From the L. A. Times
1. 40% of all workers in L. A. County ( L. A. County has 10.2 million people)are working for cash and not paying taxes. This is because they are predominantly illegal immigrants working without a green card.
2. 95% of warrants for murder in Los Angeles are for illegal aliens.
3. 75% of people on the most wanted list in Los Angeles are illegal aliens.
4. Over 2/3 of all births in Los Angeles County are to illegal alien Mexicans on Medi-Cal , whose births were paid for by taxpayers.
5. Nearly 35% of all inmates in California detention centers are Mexican nationals here illegally
6. Over 300,000 illegal aliens in Los Angeles County are living in garages.
7. The FBI reports half of all gang members in Los Angeles are most likely illegal aliens from south of the border.
8. Nearly 60% of all occupants of HUD properties are illegal.
9. 21 radio stations in L. A. are Spanish speaking.
10. In L. A. County 5.1 million people speak English, 3.9 million speak Spanish.
(There are 10.2 million people in L. A. County . )

(All 10 of the above are from the Los Angeles Times)

Less than 2% of illegal aliens are picking our crops, but 29% are on welfare. Over 70% of the United States ‘ annual population growth (and over 90% of California , Florida , and New York ) results from immigration. 29% of inmates in federal prisons are illegal aliens.

We are a bunch of fools for letting this continue

WordPress Themes