{"id":2321,"date":"2009-07-28T17:46:43","date_gmt":"2009-07-28T21:46:43","guid":{"rendered":"http:\/\/www.thepropheticyears.com\/wordpress\/?p=2321"},"modified":"2009-08-02T19:09:47","modified_gmt":"2009-08-03T00:09:47","slug":"going-back-to-irrational-exuberance","status":"publish","type":"post","link":"https:\/\/www.thepropheticyears.com\/wordpress\/going-back-to-irrational-exuberance.html","title":{"rendered":"Going back to irrational exuberance"},"content":{"rendered":"

During the past two weeks I have been relocating to the Ozarks. <\/strong>The comments are now opened again on all posts. I will be quite busy off and on until I get settled here so your comments could take a day to appear at times. I probably will not have a lot of time for new posts either for a few weeks.<\/strong><\/p>\n

I see while I was gone the nation has gone back to irrational exuberance as if the worst is now over. Don’t bet on it! There is a whole other shoe to drop on home foreclosures and commercial real estate foreclosures are also about to hit the banks. By this fall banks will be failing like dominoes all over the nation.<\/p>\n

When the government puts trillions of dollars into the system it has to be spent somewhere and that is why you see some signs of a recovery. The problem is that the government money is not endless and it does not come from nowhere. They are now charging trillions on their national credit card that is already overextended. The next major crises will come when the creditors want to get paid back. Since we can only pay these huge debts with paper money fresh off the printing press it will result in a devaluation of the dollar or high interest rates. That will either make everything more expensive (inflation) or the high interest rates will put us back into a worse depression. Either way, there is no major recovery on the horizon. Things really could get significant worse.<\/p>\n

So far health care legislation and carbon tax and-trade legislation has not make it to the President’s desk yet. Lets hope they never do or the costs of those programs will aggravate an already weak economic situation. By the way, has anyone noticed how cold temperature records are being broken all over the world even with rising CO2. The global warming models have been wrong but that should not surprise us since the whole global warming theory is junk science baloney. The earth is now growing significant colder. We better hope that a big volcano does not go off or we could be in a deep freeze this winter.<\/p>\n

lets also not be myopic about Iran and N. Korea either. Do liberals really think that if we ignore these urgent problems that this is still not going to bite us in the butt within months? What will a strike on Iran bring to the economic stability of the West?<\/p>\n

Someone might be interested in my relocation experience.<\/strong> I loaded a 26ft UHaul truck and towed a car behind it on a flat bed car carrier.\u00a0 I guess the whole rigg is fifty or more feet but you do not need a special license for a rig that is\u00a0 longer than a semi. Frankly, if you see someone pulling that set-up near you, you would be wise to get out of their way. Most gas stations are not set-up so they can make a turn in their station. In one place I could not make the turn and hit the post and had to unload the vehicle from the flat bed and get some people to push the trailer back away from the pump and then put the vehicle back on again. Now you know why those posts are protecting the pumps. At one rest stop I could not make the turn in an unusually narrow rest stop for tractor trailers and about tore off a bumper of a flatbed trailer parked at that rest stop. So now I have to deal with that accident report. My advice is to let someone else move you, you might save a little with the Uhaul but it is not worth the risk. Last time I moved with a UHaul a semi hit me in the rear.<\/p>\n

So here we are in the Ozarks. It is a great spot to get away from people. I can only see one light at night. We have about five acres of open area in the middle of heavily forested area. I think the house sit on top of a ridge for the view or else they built it there it to try to catch passing tornadoes.<\/p>\n

I cut the grass yesterday and that took all day. That was not much fun in the heat. I think I will go to brush hogging most of it\u00a0 every year or two rather than trying to mow the whole thing a dozen times a year.<\/p>\n

The house is nice in some ways and strange in others. In most of this part of the Ozarks there are no building codes so people build the strangest houses. This house has two bathrooms but to get to one you have to go through the other? The one bathroom is as big as a bedroom and has kitchen cupboards and even a double kitchen sink? The pine siding on the house needs work because they did not coat it with quality wood covering so now we need to get that taken care of pronto or insurance is going to drop us.<\/p>\n

Of course we only have a 28K Internet connection. That seems to be the standard for rural areas of the country, you cannot even get 56K dial-up. When is someone going to develop long range over the air Internet for us rural people? I probably will have to move to a third world country to get it.<\/p>\n

We looked for a Church on Sunday and showed up for the service time they had on their sign. That was a big mistake we got there for the last fifteen minutes of the service.\u00a0 I don’t think that Church will work out for us so we will be looking again next week. Looks like we will have to travel about 25 miles to find a church that even has a full time pastor.<\/p>\n

Hay, the blue grass music on Saturday night was fun.<\/p>\n","protected":false},"excerpt":{"rendered":"

During the past two weeks I have been relocating to the Ozarks. The comments are now opened again on all posts. I will be quite busy off and on until I get settled here so your comments could take a day to appear at times. I probably will not have a lot of time for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,169,326],"tags":[167],"class_list":["post-2321","post","type-post","status-publish","format-standard","hentry","category-financial-collapse","category-obama-nation","category-total-nonsense","tag-food-for-thought"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pawsE-Br","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/posts\/2321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/comments?post=2321"}],"version-history":[{"count":0,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/posts\/2321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/media?parent=2321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/categories?post=2321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/tags?post=2321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}