October has always been a scary month. There is always talk about some unexpected October surprise. Of course we also know the great fright night of Halloween will arrive and insure that many of us will not escape October without seeing scary figures that look like Nancy Pelosi and Barney Frank pounding on our door. It might not be so fighting if it were not for the fact that Pelosi and Frank have been scaring sane people silly even before BO became a national obsession.<\/p>\n
I bet if someone told Americans a few years ago that someone named Barrak Hussein Obama would become President they would have just rolled their eyes. Yes, America is becoming a helter-skelter scary place where communists now hold high office and perverts are now celebrated in city parades. Some patriots and preachers now huddle in the closets that the homosexuals came out of. They are afraid that if they come out against evil, some might even find them to be offensive.<\/p>\n
This fall we will have a lame duck fright night secession on that scary House on the hill. The priests of Baal will do their best to destroy anything good before the American people throw Jezebel to the dogs on January 1st and cut them off.<\/p>\n
After January we can expect new tactics from Obama. The “Czars” that Obama appointed will try to run America by dictatorial decree. Some Americans wonder how the Politburo got into power in the United States but the answer is often seen in the mirror. Granted, that many of you people lived in denial about what Obama represented. But, when people have been constantly warned and they still fall in the socialist trap, denial that they were part of the problem will not be part of the solution.<\/p>\n
Many Americans wanted God out of government and they wanted God out of their lives. They also wanted government to give them a free lunch at the expense of others. That is the real reason why we are now run by socialists, communists and fascist Czars. The Washington Politburo has their appointed people running just about every government agenda, so what government continues to force on us will not just be about who the people elected to office this fall. Scary people in high places are now bringing us October surprises every month of the year.<\/p>\n
We have had the worst recession since World War Two and for the first time since the great depression there has been no real recovery following a recession. But, the frightening part of all this is that people still think that the same Politburo that brought about Halloween economics can now provide us with a sane solution. It is almost like those in Washington are doing all they can to follow in the economic footsteps of the late Soviet Union. We used to follow Voodoo Economics but we found out that produces nations like Hatti. Now we have moved toward Halloween economics where a Politburo controls everything. Even Russia has warned us about making that fatal mistake.<\/p>\n
The Federal Reserve still thinks that the answer is to create more growth by printing more federal reserve notes and by creating inflation. By the time they quit printing and buying up government debt they will own over $3 trillion in US debt. They bought the US debt with money made fresh off their printing presses and that action will just set the stage for the next fright night game. Halloween economics allows the Fed to print all the money they want without the dollar losing value. Real economics says it can’t happen. So, is it any wonder that the dollar has fallen ten percent in value just on the announcement that Helicopter Ben is back in costume?<\/p>\n
Not to be outdone by Halloween economics coming out of the Untied States, many other government central banks are now planing to follow Helicopter Ben’s example. It seems we will now have a race to the bottom of the apple barrel as nations turn on their own printing presses in an attempt to sink their currencies. Instead of a trade war to protect jobs the modern remedy is to have a currency war that produces rotten currencies and lower standards of livings for wage slaves and those that are dependent on entitlements.<\/p>\n
Debasing national paper currency just makes everyone in that nation poorer. It really is trying to wipe out debt through a controlled inflationary depression. As paper money becomes more worthless the price of everything you buy will cost more. But, they won’t call it inflation because then they would have to give out cost of living increases. They will just say the dollar is losing value. So suck it up. Nevermind, that they actually created this dunking the dollars game to rob you of your savings and entitlements.<\/p>\n
With the predicted actions of our Federal Reserve Bank the dollar has already recently dropped about 10 percent in value against more responsible currencies. Now all commodities reflect the weaker dollar and are becoming much more expensive, so are equities. If countries debase their currency the wage slaves just get poorer because they can buy less with the same amount of currency. China now pays their wage slaves about a third less than what they should and that is why no country can compete with most of their products. So Halloween economics that now follows our more recent Voodoo Economics dictates that all countries rob the still working poor in order to deal with high unemployment.<\/p>\n
So welcome to the fright night Halloween Economics of world free trade. Heck, if China just decided to make their currency what it should be worth, everything in WalMart would double in price overnight. But, what is worth more to the world, competing with China for manufacturing jobs or having low priced Chinese goods on the shelves of WalMart? That is the vat that world trade has put us in.<\/p>\n
Speaking about WalMart, they thought that having rollbacks and less choices of products would bring them more sales and more profits. It did not work out like they expected. So now they are raising prices again and bringing back more product choices. I am doubtful that these people are rational because the fall in their sales has nothing to do with their marketing gimmicks. WalMart is selling less because people without jobs have less money to spend. Duh. Do they really think that by charging more for their products that people will start to spend more money than they have? People without jobs or that are underemployed are going to cut back, not spend more.<\/p>\n
Those running WalMart seem to live in some corporate fantasy world where their own sales keep increasing during economic downturns. They really should be able to understand that high unemployment and underemployment is the real cause. Not to mention that Dollar Stores now undersells them on certain items and Dollar Stores are located in places that are often more convenient. If WalMart really wants to make more money they should just add another isle for Halloween and stock it right after Easter, because Freddy Kruger types are right up America’s alley, and various flavored candies are more addictive than drugs. This really is Halloween Economics 101.<\/p>\n
Anyone running WalMart still know about competition? I guess they lost that concept when they thought they ran everyone else out of businesses. Corporations are much like people and government, once they get too large they just slow down.<\/p>\n
The Mortgage foreclosure scandal may turn into one scary fright. Lawyers apparently were told by banks to sign hundreds of foreclosures a day without even reading what they were signing. It seems like everyone is taking lessons from Congress. It may turn out that many that bought these foreclosures may not even have a legal right to the property. The prior owners might have grounds to sue them and take their house back. Then the buyers of the repossessions will have to sue the title companies.<\/p>\n
If enough title companies get sued, title companies may no longer give title insurance on foreclosures and then mortgage companies may no longer lend on foreclosures. Besides that, if you were a buyer and had the cash would you now buy a foreclosure and risk getting sued? This foreclosure scandal sounds like a perfect government driven full employment program for lawyers.<\/p>\n
So what may happen is that the banks will get stuck with a lot of property that they will never be able to sell or even collect payments on. Are you ready to bail out the banks that are too big to fail all over again? I guess those that are not too big to fail are doomed to fail anyway when they actually have to disclose all their worthless holdings in 2012. This just might make them fail sooner. The illegal foreclosure problem partly stems back to those that were bundling and selling mortgages and also losing tract of just who owned the title. Now judges and lawyers have been signing repossessions without even knowing who owns the property.<\/p>\n
I would think that the federal government will come up with some fascist way to deal with this. They will probably restrict law suits and run roughshod over state property laws. Maybe before they are done the federal government will become the landlord of repossession. Then they can just redistribute the houses to all government dependents for near nothing and declare that the housing crises is over. Just spread the wealth around and let the taxpayers bail out everyone. Because everyone with a brain knows we are going to default on our national debts sooner or later anyway, or else our government will make dollars become so worthless that it will amount to the exact same thing.<\/p>\n
Such is the nature of Halloween economics and scary figures bringing us October surprises.<\/p>\n","protected":false},"excerpt":{"rendered":"
October has always been a scary month. There is always talk about some unexpected October surprise. Of course we also know the great fright night of Halloween will arrive and insure that many of us will not escape October without seeing scary figures that look like Nancy Pelosi and Barney Frank pounding on our door. […]<\/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":[195,37,47],"tags":[148,328,187,131,317,350],"class_list":["post-5276","post","type-post","status-publish","format-standard","hentry","category-amoral-society","category-financial-collapse","category-politics","tag-america","tag-crimedrugsetc","tag-economy","tag-obama","tag-perspectives","tag-politics"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pawsE-1n6","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/posts\/5276","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=5276"}],"version-history":[{"count":0,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/posts\/5276\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/media?parent=5276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/categories?post=5276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thepropheticyears.com\/wordpress\/wp-json\/wp\/v2\/tags?post=5276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}