<$BlogRSDURL$>

Friday, December 19, 2008

Friday Financial Good Time Report! 




Angry Sam Owen says “Get out and do yer duty!”

You anti-American fucks. Where's Joe McCarthy when ya need him? If yer not out spendin' then YOU are the reason this country is dying on the vine. Go buy a plasma screen or a 900-gigabyte iPod.

Go out and spend!

Borrow, beg, steal, whatever you gotta do to be a patriot. This is a consumer economy. Either you're consuming or you're against us.

Take out a line of credit, buy a house, a car, rack up those frequent flyer miles or be held personally responsible for the collapse of western civilization.

What the fuck is wrong with you? You think this is a joke?

If you are not takin' on debt then you are not contributing to society you lowlife commie piece of crap. Debt is money. Period. Create debt, create money.

No?

You won't?

Scared?

Okay, welcome to the third world. Can't happen here? Guess again.
Don't say I didn't warn ya'.

Stage 1– Deflation: The value of assets (homes, land, vehicles, etc.) falls. A dozen eggs sells for 8 cents. but your job now pays $2.75 an hour.

Stage 2– Inflation: The price of commodities (food, energy, daily necessities, etc.) rises. You can now pay off your mortgage in 30 weeks instead of 30 years but a loaf of bread costs nearly a week's wages.

Stage 3 – Hyperinflation: The price of anything you can find on a supermarket shelf goes up before you reach the register. All the c-notes you can carry won't pay for a week's worth of groceries.

And don't forget Stagflation – Wages and home values stay the same, but a cube of butter costs the same as your monthly mortgage.

The R- word is out there and I don't mean "R"ecession.

REVOLUTION!

Wake up and smell the rip-off.

REVOLT!

Don't spend, don't borrow. Don't support the bailouts. Deficits do matter! Don't let Obama run us into the trillions. The day of reckoning needs to come. Its time for the credit junkies to kick.

Demand accountability!

The US can prosper again but not until we face the facts: You can not legislate, loan or monetize prosperity. We need to return to the values that allowed us to secede and succeed.

Buy precious metals, stock up on food and fuel, fill your cupboards to the brim.

Sell the Dollar.

Buy more bullets!

As Thomas Jefferson said, the tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants. It is its natural manure.

Or maybe, I'm just a paranoid ol' fuck and your standard of living can continue indefinitely.

Party on bra'



– Angry Sam

|