The GOP's Health-Care Alternative

The GOP's Health-Care Alternative

Quantitative Easing

Quantitative easing is the Federal Reserves way of keeping the economy moving and trying to prevent it from collapsing. I believe this is the last trick the Government of The United States of America has up it's sleeve to keep this economy creeping along. I think it is to no avail! The Dollar is destined to collapse and when it does it will be fast and very painful to those who are not expecting it.

Quantitative easing is done so that the government can get the bankers to start lending money to business instead of the banks buying treasuries which is a safe bet for them since the economy is not doing so well. The Federal Reserve buys the banks toxic assets and in return the banker is to use that extra money to lend to business which in turn will jump start the economy. This is what the Fed hopes will happen but nothing is guaranteed.

Quantitative easing is basically the government monetizing it's own debt which are the toxic assets it buys from the banks. If this fails it could make things much worse and I don't think it's going to work America is too far in the hole financially. I predict a dollar collapse due to rampant inflation and then a world currency will follow because once the dollar collapses the worlds economy which is all tied together will come crashing down.

I hope this doesn't happen but it sure looks that way. Start preparing now to be self sustainable.

America's Inflation Infatuation!

The American government is infatuated with inflating our money. They spend spend spend and print print print which is driving our dollar faster and faster in to the abyss of worthless currency! Our economy is being compared to what happened in 1920's Germany where their currency of the time the Mark was so over inflated that people where using the mark as fuel in their wood stoves because it was cheaper to burn their money than to by wood with it.

We in America are headed down the same road with no end in sight. The dollar and the economy will collapse if nothing is done soon and I mean soon. Once hyperinflation sets in as it did in Germany in the 1920's the end of the world's number 1 currency will be at hand and then the hard times are really going to hit home. The whole world will go into chaos and I believe this will set the stage for a world currency and with it a one world government. Many will say oh that never will happen I have been hearing that for years and it's never happened. The world has never been in as much turmoil financially and politically as it is now so I believe this is the road we are headed in.

What you can do to minimize the blow:

1. Purchase Tangible Assets (Precious Metals)
2. Stock up on non perishable food
3. Get out of the stock market

These are the 3 things you can do now to minimize the affects of a dollar collapse.

As the saying goes

Prepare for Bad Times Only Know Good Times

FREE POCKET CONSTITUTION AT TRU TIMES:

http://www.trutimes.com

An Open Letter to America! Wake Up

Dear America,

 We currently have four count them 4 states of the Republic that will be going bankrupt soon if not already. These four state's of The United States of America make up 25% of the total population of the United States and another 25% of America's GDP which stands for (Gross Domestic Product). That isn't it The IMF or (International Monetary Fund) has pretty much has concluded that the United States Of America in it's total is Bankrupt!

 Folk's trouble is on it's way. I don't mean to alarm anyone but the fact's are the facts. I don't know about you but I can actually feel it in my gut. The government isn't going to tell you the truth because it would cause wide panic across the country. One can almost guess which four states we are talking about.

 First one which has been on the radar for a long time is you guessed it California. On July 29, 2010 just weeks ago Arnold Schwarzenegger the Governor of California stated that California was in a fiscal state of emergency. That forced state lawmakers to accept a state budget. In 2009 they paid thier bills with IOU'S which should have tipped us off then and they are going to do it all over again because there is no law that let's states file for bankrupcy. But I would like to add states can succeed. California's deficit is 19 Billion Dollars! Why not spend some more   LOL    WHAT DO YA SAY BERRY@$!!!!!!!!!!!!?   I mean Barrack!  

 A ship can only take so many holes before it sinks. Just ask those who where on board the Titanic! What about The Unsinkable Molly Brown. I know she could tell ya. Molly made it The Titanic didn't! All joking aside. Times are getting serious and we need to wake up and take notice and take charge of what is going on. Obama is not going to save you and if you believe that I feel very sorry for you. Enough ranting on to state number 2.

 The second state that is about or is already broke is: drum roll please ...........................................

 ILLINOIS  all caps because I have always hated the spelling of this state because of the capital I and small ll's together make it look funny but that's just me!

 Anyway, Illinois (You see what I mean on the spelling) is more then 4 billion dollars in debt to the public school system. We have in Illinois about another 4 billion dollars might as well be coconuts that they owe the folks that are dutifully waiting for their pension checks in the mail. I wonder how well an IOU will be recieved by the morg when they die of a heart attack because of the IOU pension check they recieved in the mail. Oh I forgot Berry will have them brought back from the dead because of Obamacare! Remember America is the land of the Free, The Proud and the ones who cannot fail because our nanny state will lift us up before the ruins happen.

 State number three that is too big too fail but will be or is already bankrupt is New York. Can you believe New York our early 1900's immigration capital of the world has no money to pay it's bills? By September of 2010 just around the corner New York will be broke. It sounds like the New York senators tried to have an emergency session to get the 3rd largest states budget in order but nine of the senators thought their vactions where more important so Governor David Paterson had to stop the session. Maybe these nine senators would like a permenant vaction from the senate!

 And last but not least is the beautiful state of Michigan. The automobile capital of the world is waiting for $560 Million from the Fed to help bail that state out. I thought Cash for Clunkers and Government Motors oh I mean GM where going to solve all of our problems. Where's plan B Mr. President? These are trully interesting times we live in.

The original posting of this letter can be found at my website: http://trutimes.com/articles/financial-education/open-letter-america-wake