Time to Hunker Down

Yesterday Standard & Poor's Ratings Services lowered its outlook on US government debt from “stable” to “negative. This should be no surprise to anyone who follows financial news. At least two of the largest bond buying investment firms, including Berkshire Hathaway, have already stopped buying US Bonds or divested themselves of US Bonds. In fact, for some months the US government has been printing cash and “borrowing” from itself because NOBODY with money will lend it to them. Printing and spending unlimited quantities of cash devalues all the other cash in circulation. It inevitably results in runaway inflation. We are already seeing massive inflation everywhere we look. Food, fuel, metals, wood, transportation, manufactured products, all are up almost 50% with no end in sight.

What does the US government plan to do about the collapse of the US economy. NOTHING!. The Obama wants to keep spending like there is no tomorrow. He says we should raise taxes on everyone who still have enough money to start a business or buy some bonds until they are as broke as the 47% who pay no taxes now. His proposed so-called “budget” plans to double the US debt in 10 years and then some other generation of politicians can figure out what to do. In current political rhetoric, The Obama advocates kicking the can down the road again.

Republicans are no better. Despite their much ballyhooed advocacy of cutting spending, the Republicans advocate borrowing $2 trillion more in only the next 18 months. Republicans say that their so-called “budget” won't become balanced for 40 years. Everybody knows that a politician making promises longer than 4 years is the same as “never.” A few “TEA PARTY” Republicans want to balance the budget and stop borrowing, but the senior Republican leadership sides with Democraps to out vote conservatives.

So there is no hope for government to save itself. It is rushing pell mell toward total financial collapse. That will precipitate a revolution or restructuring of government. The transition won't be fun. There will be famine, pestilence, war, shortages, disease, and death by the millions. By comparison the Great Depression will look like good times.

Some other nations are already having food riots and their governments are blaming the US for burning food as motor fuel. On Sunday I couldn't get their Bacon Burger because they were out of bacon. Later the same day I heard business news that there is a bacon shortage in the US. The US is now having a shortage of bacon, on business news and at one local hamburger joint. Our government is forcing conversion of corn to motor fuel instead of corn being fed to hogs. That is what the loony bins call “green.” In real terms it is another step to global famine.

I saw a news today from SCOTUS. Several states are trying to shut down electricity production to reduce CO2 in smoke. The electric industry argues that only the Federal Government EPA has authority to do that. EPA is slower to implement regulations but is working on it too despite refusal of Congress to authorize them to do so. The Obama doesn't need no F'ing Congress to destroy the national economy. My own state Legislature already outlawed our only coal fired electric generation plant. They were given a couple years to close down.

There is a reason that the world's highest buildings are in Kuala Lumpur. They encourage business. There is a reason that Kuwait is constructing massive housing for rich people and making huge profits doing so. Kuwait welcomes people with wealth. Meanwhile an anti-American communist US government is working hard to drive business and wealth out of the country as it destroys the United Sates we once knew.

How long will it last? When will it collapse. Have we reached the tipping point yet? What should you do now?

If you have portable assets you should already have moved to Kuala Lumpur, Kuwait, Hong Kong, South Korea, or some other nation that values economic wealth. If you are a member of the working poor you are stuck here and need to be prepared for the crash.

By now you should have stored a year of food, ammunition, and some trade goods. You cannot depend on the electric grid, gasoline supplies, or even running water for a while. Mobs of starving people or armies of the Communist loony bins may end up foraging through our homes to steal our stored food and take our guns. They likely will act much as the communist police state did in New Orleans after they caused the flood by stealing levy maintenance money. The same communists who caused the total collapse of our once great nation will try to blame everyone else while they rob us to survive. That's why you should have stockpiled ammunition. After the collapse you can join together with your neighbors for mutual protection, forming militias and armed defense groups. You can protect yourselves and your families against the marinading hordes of starving libtards who created the disaster.

The news is all bad. The tipping point is at hand. Lying media still whines about raising the government's debt limit long after they have passed the limits of lenders. Their FED prints money and calls it “monetizing the debt.” Runaway inflation has begun. This may be your last chance to stock up while you still can. Get ready to hunker down and defend your home for a year.