Thursday, July 18, 2013

Trouble is Heading Down the Pike

          
This is the title picture to www.waketheherd.blogspot.com , a great site to visit.




    The only reason that most Americans aren't screaming and wailing about the coming troubles to the United States, is that the public educational system is so abyssmally poor that most people can't look at the very clear signs we have, and extrapolate from those to a comparison with Argentina or with the collapse of the Soviet Union in the 1990s.   Normalcy bias is also hard at work in that most people think that because they have no conscious recollection of very bad times that such difficulties simply can never come to the United States.  They are quite wrong.

                  At present, the United States has a governmental debt of 17 trillion dollars.  Paying the interest on such loans is difficult, and paying the principle down could prove impossible, especially in an economy which continues to be weak.  This is another issue.   US media continues to propagandize things political.  We are being told that the economy is improving, yet banks still have tons of repossessed homes in their portfolios which they are holding until "things go up" and they lose less money when the houses are sold. Ben Bernanke has said that he plans to stop quantitative easing and to raise interest rates.  Raising interest rates will kill any kind of housing market activity which might have been murmuring.

                  A complete overnight financial collapse has not happened yet, but lots of indications are that it is happening in a painful and slow manner.   We have 350,000 US children in US foster care, many of whom will enter their teens without being adopted.  They will enter lives without families and will parent without the proper tools to do so, probably inflating this figure.   We have more than a million children who are homeless in the US.  In fact, this is such an issue that many schools have specialized programs designed for the homeless student.    Of families who are working, more than 30% are considered governmentally to be among the "working poor".   In 2000, there were 17 million families receiving food stamps in the US.  Now, figures indicate that FORTY-SEVEN MILLION US families receive food stamps.   There are even more families who are eligible, who have chosen not to collect.   The median income of families in the US has fallen four years in a row.   Lastly, we are losing manufacturing jobs in droves, and the IT jobs we have are being farmed out to Canada and India.   Gasoline costs have tripled since Mr. Obama took office, beef costs have doubled where I am, and water bills have tripled.   My homeowner's insurance has risen 40% in three years, and I have never claimed on it in the last 25 years of owning homes.

                 The country is in trouble.  Jobs were lost, jobs were given away, education was diluted, and new businesses did not spring up to employ people who lost their jobs.   The present regime's agenda is to place the state in charge of everyone, and so it has little incentive to improve the situation in which we find ourselves.   Wealthy Americans are leaving the US in droves.  The rest of us have no option other than to try to work with the eroding systems which are already in place here in the US.

               Outrage over a self defense trial in Florida is a distraction.  Outrage concerning Muslim terrorists for Chechnya who bombed the Boston Marathon is misplaced.   Please wake up and understand that the country has been given away, and your rights with it, out from under your feet.   



A prior post of mine on a similar subject:

http://rationalpreparedness.blogspot.com/2013/04/preparing-for-economic-collapse.html



12 comments:

Gorges Smythe said...

Sadly, Jane, we're all preaching to the choir. I guess we do it out of a feeling of duty and frustration, but no-one is listening, except us.

Sunnybrook Farm said...

It seems that the train has left the station and there isn't much to do but wave bye and get off the tracks.

PioneerPreppy said...

OH didn't you get the memo? The stock Market is higher than it's ever been and the job situation is improving. It's a slow recovery. SO slow in fat we can't see it :)

JaneofVirginia said...

If I were alone, I would leave the country until this all worked out. I have a large family with educational commitments, jobs, and property here. They can't get up and leave. I am also not sure as to where we would go, and then we would be refugees, which is never a comfortable position, while navigating where to remain until the messes here blow over.

JaneofVirginia said...

Yes, I got off the tracks and I paid for my tickets in advance. Now, where to stand and what to do until the train grinds to a halt when the power runs out.

JaneofVirginia said...

The artificially high stock market and the artificially low precious metals market are signs that the system is being externally manipulated. However, nothing is really improving, and a lot of people think that it will get worse. I am afraid I am one of those.

Sandy said...

Our government and the news media keep trying to distract us with false information. Those who are not prepared and believe in these stories will be in for a rude awakening.

JaneofVirginia said...

Unfortunately, it may not be so good for those of us with some degree of advanced warning either ! Thanks for posting, Sandy.

lotta joy said...

I keep thinking of Mexico, and Honduras, and know with certainty that this is the level we will land at, soon and very soon. Some people seem to believe that the government is there to protect us from ourselves.

JaneofVirginia said...

The government is there to ensure its own existence and to keep both of their hands in our pockets.

Linda said...

It is scarier for me, it seems. I am alone and nowhere to go that would welcome me except the street. I just try to do the best I can for right now, not knowing what the future holds for me....scary. It is good you have people who have some allegiance to you and you to them.

JaneofVirginia said...

Linda, I postulate that you may well fare better than most people. You have known hard times and you know how to make do, and how to adjust. Many people have gone from incredible incomes and hardship to them is skipping a latte at Starbuck's or not being able to eat out during power outages at Panera. Don't sell yourself short. You have learned many things that suburban America has forgotten.