I have been busy since an editorial in The Wall Street Journal summed it up by
saying, "the most remarkable quality of this healthcare exercise is its
reckless disregard for economic and fiscal reality. With the economy still far
from a healthy recovery, and the federal fisc already nearly $2 trillion in
deficit, Democrats want to ram through one of the greatest raids on private
income and business in American history. The world is looking on, agog, and
wondering why the United State seems intent on jumping off this cliff."
Energized into action, I sent out a press release on official letterhead
stationary of the Mogambo Supreme Intergalactic News Service (MSINS), wherein
was explained to the world that is looking on agog that "The reason that the
Democrats are doing this moronic, suicidal stupidity is partly because the
Democratic Party is the political party of the tragically stupid and the
studiously ignorant, and thus they are the people who actually
require a big, powerful government telling them what to do and providing for
their every need, and mostly because Democrats are the current majority, ruling
party in Congress and the White House, and so they have to be the ones trying
to achieve the impossible task of preventing the inevitable collapse of the
currency and the country, which is the utter ruination caused by rampant fiscal
and monetary imbecilities under the auspices of the Congress and the loathsome
Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006,
respectively, even though the Entire Freaking Economic History Of The World
(EFEHOTW) is the same, sorry, sad, stupid story of how long-dead countries and
long-dead peoples acted so stupidly with money (although none of them actually
ignored their own constitution's requirement that money be of silver and gold,
which would have easily prevented all of this economic horror.
So, it's like us stupid Americans are getting what we deserved for not
objecting to the evil socialist/commie machinations of another worthless
leftist commie-think Democrat, Franklin Delano Roosevelt, who presided over the
downturn of the Roaring Twenties (caused by the Federal Reserve creating too
much money and credit under too little supervision) with this same kind of
fiscal stimulus crap that, which only prolonged the downturn into a Great
Depression, and which was also a calamity caused by the Federal Reserve at
every step of the way, proving that not only do Earthlings not learn the
lessons from the past, they don't even seem to remember the lessons at all!"
To show you the utter impossibility of it, and how you are going to see and
hear things that you would never think you would ever hear, cnsnews.com
reported that "Vice President Joe Biden told people attending an AARP town hall
meeting that unless the Democrat-supported healthcare plan becomes law the
nation will go bankrupt and that the only way to avoid that fate is for the
government to spend more money."
Biden, apparently aware that he sounded ridiculous, subsequently said, "Now,
people when I say that look at me and say, 'What are you talking about, Joe?
You're telling me we have to go spend money to keep from going bankrupt?'" and
he immediately admits, "The answer is yes, that's what I'm telling you."
And don't think that the Second Amendment is going to help you, because I seem
to remember that some famous study found that the 80-20 rule seems to work in
the military, too, as 21% of soldiers said that they would obey orders to fire
on American civilians as part of a gun confiscation scheme!
So, this brings us neatly to the point of all of this, which is to buy gold
right now, because you will not be able to shoot your way out of a situation
where 20% of the army is shooting at you, regardless of what the salesman at
the gun shop said when he sold you all of this ordnance.
But you will still probably be able to buy your way out by bribing people! I
mean, if 20% of the army is willing to kill their fellow Americans as part of
an un-Constitutional gun confiscation scheme, they would be too proud and
honorable to take a bribe to let you go? Hahaha!
Gold! It's the answer to so, so many problems! Whee!
Richard Daughty is general partner and COO for Smith Consultant Group,
serving the financial and medical communities, and the editor of The Mogambo
Guru economic newsletter - an avocational exercise to heap disrespect on those
who desperately deserve it.
Republished with permission from
The Daily Reckoning. Copyright 2009, The Daily Reckoning.
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