In 2009 Obama declared our depression/recession over. He saved us. Happy days were here again. But checking the records I noticed that in 2009 there were about 35M people enrolled in the food stamp program (SNAP). Yet, today, 4 years later there are over 47M enrolled in SNAP. Record levels. In fact, they say the SNAP program is expected to grow another 3-5% in 2014 with the advent of Obamacare and with people losing their U/E benefits. In 2012 the SNAP program cost the nation about $79B. If unemployment is declining (as they tell us it is) and the recession ended 4 years ago why is the SNAP enrollment is at record levels over 47M?? Is that because all the jobs being created by Obama are in the $8-$10/hr range that won’t even pay the rent?

And the fiscal conservative Tea Partier Paul Ryan wants to continue spending like a drunken russian sailor on shore leave?

Help! I fell down and can’t get back up!

The late great Will Durant once told us:

“When liberty exceeds intelligence, it begets chaos, which begets dictatorship.”

Don’t tell me these poor kids aren’t being take for a ride.

Doesn’t Ryan pass himself off as being a “Tea Party” candidate? lol. He’s really throwing the tea overboard, isn’t he? lol. No. He’s throwing the young people under the bus!

Do you know that over a dozen of the “Tea Party” candidates elected to Congress in 2010 were taking money from the ‘Too Big To Fails’ within a year of taking office? lol. The mainstream republicans bought them out!!! lol.

And you think you have an adversarial political system in America? lol.

http://thinkprogress.org/economy/2012/05/21/484283/how-banks-bought-the-tea-party/

One would think that the moral character and selflessness demonstrated by the Great Depression generation would have rubbed off on those in Congress today. But quite the opposite is true. The baby boomers turned out to be the most selfish and greedy and self-absorbed generation in the history of the nation. Whatever moral code existed a few generations ago is pretty much gone. Just look at all the scandals in our highest institutions that are a direct reflection of what our society represents. The political system, government, the churches, the justice system, Wall Street, the educational system, etc… Just stand back for a minute and objectively examine the moral and social deterioration of these institutions over the last 60 years. Only the insiders would tell you that all is well. An objective analysis says the opposite.

So today they pile debt on top of debt knowing full well that the young people are going to suffer on account of it. Effectively, the sins (greed) of the old folks are being transferred down to the young people who will have to pay dearly as a result. And, as evidenced by this latest budget agreement, the sinners couldn’t care less. Instead of giving the younger generations a hand-up like their mothers and fathers did for them, they are setting the kids up for failure. Repulsive.

The negative change in generational attitudes is nothing short of remarkable. I guess that’s the price we pay for prosperity. There is nothing that sets a nation back as far in civilization as prosperity.

Once again, the budget agreement substantiates my claim that the routine political game strategy is for the dems to drive the ball deep into the red zone – and then for the republicans carry the ball into the end zone for the touchdown. They wear different jerseys. But all play on the same team. Obama is the QB. Boehner and Ryan are his back-ups.

In any sane and just society deficit spending and unsecured credit creation (QE) would be violations of the law and result in felony indictments because, quite literally, it is grand theft from the citizens and a main driver for income inequality (when cost of living rises and wages remain stagnant).

Occasionally I shop at the stores that are supposed to sell goods for a dollar or less. At least that’s what their store names imply. Over the last 18 months I’ve noticed that many of the cans and jars which contain food have literally shrunk by 50%. Eggs are no longer a dollar. They charge $1.79 for a dozen, which contradicts the implication in the store names. Grapes and bananas are no longer a dollar for a nice sized bag or bundle. Now they charge by the pound ($0.49) so the $1 bag of grapes now costs about $1.75. Many long-standing food items have been discontinued, likely because with shrinking margins they can’t possibly price them at a dollar or less anymore.

Folks, that is a sign of rapid inflation pure and simple, regardless of what the gov’s CPI tells you. Inflation driven by deficit spending upwards of a trillion dollars and QE to the tune of $400 billion dollars a year. And who does it hurt? Well, mostly it hurts those making low wages who have to stretch their dollar further to afford to buy food and eat. In other words, it results in ‘income inequality’, that Obama claims he he wants to eliminate when his policies are, in fact, causing it!!!

No idea why the young people aren’t in the streets protesting over this. The debt bomb is being dropped on their generations by the grey-haired overlords in Congress. These debt financing and unbacked credit creation policies are literally going to destroy their economic futures. I have spoken to many young people about it and they appear oblivious and apathetic to the problem. Whatever. It’s their future. All I can do is warn them.

The Republican Party Establishment propaganda on this is that we should vote them control of the Senate and White House and then we will see real budget restraint. What a complete crock! They had that kind of control from 2001-2006 and went on a spending spree, adding trillions to the national debt and recklessly starting the perpetual War On Terror.

Republicans, what are they good for? Nothing!

Tweedledum vs. Tweedledee, who cares. There is no point in choosing between The Evil Party and The Stupid Party.

When massive inflation occurs hold no dollars…..or you will be in poverty!

Hard assets will put gruel on the table….