Wednesday, January 13, 2010

Fools Gold





With the collapse of paper money, with the recession in the housing, securities, banking, insurance and other markets, with the 'Obama Bailout' of HIS friends and supporters, here and abroad, we find almost every radio and television program advertising the importance of buying gold as a protection for future security. If the crust of the earth were covered with gold, men would lie, cheat and steal for a handful of dirt. It is all a matter of scarcity and envy and corruption.

The greatest security in the world is of little interest to most men.
He owns the cattle on a thousand hills,
The wealth in every mine;
He owns the rivers and the rocks and rills,
The sun and stars that shine.
Wonderful riches, more than tongue can tell -
He is my Father so they're mine as well;
He owns the cattle on a thousand hills -
I know that He will care for me. (Psalm 50:10)

In my long life, I have often asked young people about their ambitions, what they want to accomplish in life and 99 times out of 100, I always get the same answer, MONEY. God only had to say it one time, but it would be good for every young person to learn early in life, the dangers involved...”For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” (1 Timothy 6:10) Money will buy many things, but I have never known money to buy happiness. Money certainly makes life easier, it can buy expensive treatment but not health, it can buy a good time but not a good reputation. Italian president, Silvio Berlusconi is making the headlines now because of his 'vice' in being able to pay for the company of naked young girls. Like some famous American politicians, who could also pay for such female 'arousal', he has lost his wife and children. Mr. Bernie Madoff, who possesses an unhealthy desire for money, ($65 billion scammed) MAY go to prison. Mr. Allen Stanford, who liked to ride in his helicopter that was gold plated in the interior, MAY go to prison for scamming $15 billion. All these men, like Judas, were con men and, I have never met a con man yet, I did not like.

The 'Whores' on the Potomac, like those at the 'cathouse' on Jones Street in Raleigh, are all very likable. They much have been, they were elected to rule over the rest of us! Mr. Terminator, the Governor of California, is now sucking up to Mr. Obama for $5.5 billion to help bail out the state of California's $24 billion shortfall. As always, like those who go to war, it is the poor who will be most affected. When the small towns and counties in California start trying to get some help from the state, like Schwarzenegger is trying to get help from the federal government, ALL of which are bankrupt, we will see a rapid decline in municipal bonds. Paper money is now virtually worthless. This 'hot money' is no longer desired by foreign governments.

In 1933, FDR confiscated all the gold in America and in an even greater disaster, President Nixon closed the gold window in 1973 (the same year beginning the abortion holocaust); gold was selling for $35 an ounce and foreign governments, such as Saudi Arabia, were glad to exchange their paper currency (payment for oil) for gold. So, as in England, most of the gold of the world is now in vaults east of the English Channel. (Particularly in Russia)

Foreign debt, such as our tremendous indebtedness to China, will never be paid because there is nothing to back it up. Yet, China can not afford to see the world's largest economy fail. It is no secret that China prefers to buy the debt of Germany, but, like the United States, China has many problems. First of which, large unemployment; second, a large male population due to the 'one child rule' and the abortions of girl babies and the resulting homosexuality; thirdly, the decline in exports which accounted for 60% of the Chinese GNP; and finally, health problems since 65% of the Chinese population smokes cigarettes. It is unfortunate that political leaders in Washington have not visited China, as I have 3 times, and seen the horrendous nature of government health care there. (Patients lying on floors along hallways, operating rooms in which prisoners taped eyes, mouths, etc having vital organs transplanted to others)

Democrats, with their great union support, were happy to see industry move out of the country, particularly to Mexico. (NAFTA) Little did the Mexicans, happy for their new industry, expect to see it move again to China where labor is even cheaper. When I returned from China, just after it reopened in 1973, I said to a reporter, “You think Japan is a danger to American industry, just wait until we are swamped with goods from China.” I saw the 'slave labor', the industry, everything being 'geared up' to build every product mankind would need anywhere in the world. With the help of Wal-Mart, the deification of Chinese goods has been completed and China has become the world's “corner store”, “Mom and Pop” operation.

Most shoppers do not have the patriotism within the very cells of their body to care where anything is manufactured, how many of their fellow citizens the buying of foreign made products have put out of work. Even the fact that these products are supporting a Godless ideology (communism), and that the children who work in the factories (and I have seen these children) are just slaves of the state, with no comprehension of any goodness of life on this earth and uninformed about the joys that could await in life to come. Most have forgotten Tienanmen Square, most fellow Americans care nothing about human rights unless under their own roof and their pet's welfare means more to most than God's chief creation surviving or being aborted.

Few remember last week, some may remember that during the Great Depression the stock market went down 89% and that it is the government workers and the poor people of the country who suffer first.

As Mr. Obama's administration continues to inflict a 'bail out' addictive indebtedness on the nation, we can expect rioting, having taken lessons from the people of Iran, who too, are suffering from a paragon of dictatorial rhetoric.

The main problem as been that of borders; the 2000 mile border between Mexico and the United States, wherein there are a few jobs open to “white trash”, blacks and Mexicans, the 2000 mile border between Afghanistan and Pakistan wherein Islamic terrorism will not diminish, and the 900 mile border between Afghanistan and Iran wherein the western involvement in the religious Muslim hatreds becomes more prolific. Does one with any brain cells left think that your hard earned investments will be safe in gold as it is confiscated to pay for continued conflicts, domestic and foreign. Why were the trustees of our large corporations, the union bosses, the puppet politicians so drowsy or drunk that they could not see this economic chaos when assembly lines were set up in foreign countries and even Microsoft technicians were trying to read manuals in English, coming from foreign countries such as Indore, India.

In my lifetime, government largess, welfare, social security, programs of every alphabet in true socialistic 'take-over mode' has crippled individual initiative that the rioting of the social security recipients, welfare 'hangers-on' who have gotten so comfortable 'at the trough', will startle the lethargic and apathetic elected officials who thought their legacy for the life of the rich and famous was ever secure.

Most decent men want to work, desire a job; few know anything about money. They have heard that a dollar is worth 100 pennies, so many grains of gold or silver, pay little attention to paper currency except for a number in the corner. For 20 years, I employed a very 'mean woman', as bookkeeper, to assist with my businesses. We had learned how to 'check' those who handled money. (Has it ever occurred to you the reason, the owner of a business always works at the cash register?) One of my friends, good at a copy machine, put a picture of Bill Clinton on a $100 bill and made several copies of the bill. He presented this bill to one of my cashiers, whose only problem was there was not a place in the plastic drawer for $100 bills so, of course, he lifted up the tray and put the bill underneath and gave my friend his change for the $100. He went to my bookkeeper and said, “You'd better get rid of that cashier, here is your money, almost $95.” Now, if the cash register had not been able to make change, he probably would have had trouble making change, as well as not being able to recognize a fake bill. This man would work out well with Mr. Geithner and the other 'wizards' of money and economics in Washington, particularly since, to date, they have been unable to find who loaned the $500k bond which they copied to make $164 billion.

I challenge you to find a high school graduate who can tell you the difference between inflation and deflation. I challenge you to find a high school graduate who knows how much Social Security a blind, handicapped woman (now dead) drew as she worked her entire life for the only job she could find, which was almost minimum wage. I challenge you to find, how many elderly people, now living on Social Security and a reverse mortgage on their house, for which they worked hard, self-denial, reared American citizen children, and will be unable to have a respectable burial. During the recent presidential election, we heard the Democrat's chant, “WE WANT CHANGE”. You will be lucky to have some worthless change your pockets.

"While the storm clouds gather far across the sea,
Let us swear allegiance to a land that's free,
Let us all be grateful for a land so fair,
As we raise our voices in a solemn prayer. "
God Bless America

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