Rightwing Deathsquad Softball League

Middle Class Prospects in the Obamanation

 

Now I know some of y'all are asking yourself..."How the hell did I wind up here?" This column is not for you, nor probably are any of my other columns.

This column is dedicated to my fan, who at this point is probably thinking," For the love of God man, you are simply way too depressing". It's for this type of critical thinker that I pen todays column, with a solemn " You think it's easy to write after drinking this much" apology.

It has been commented that I might be a bit too pessimistic about the economic circumstances of the United States at present. Of course, many of these same people were critical of my Kirby Vacuum Blow Up Doll, and we saw how well that turned out.

I can't help but be discouraged for our prospects, in the time honored phrase of over-educated corporate weasels, 'Going forward". In our current case that phrase would have more to do pissing away our future than some kind of economic mobility.

We have arrived at the intersection of "Political Hyena's" and "Privileged Asshole" street. While I begrudge no man his profits from his urea business, I do have a problem when he passes it off as sunscreen, given how my back gets sun-burnt.

For the past 25 years or so, the Federal government in conjunction with the MFM has made a determined effort to destroy the American middle class. We were indoctrinated to accept all manner of government spending and restrictions  as "For the children" or "It will save lives". Forgotten in this campaign were the questions of "Who's paying?" and "How?".

The answer of course is the middle class is paying and the bill is due now, but unfortunately we maxed our Visa card out on all the BS we were fed. Well, that and those really sweet Ping drivers.

So now here we are. We put used car salesmen in charge of our tax dollars and grifters over our banks. Our elected officials sold us a Buick built with union labor and their retirement added to the sticker price. The Poindexters in charge of our 401k's have invested like middle age men after 10 drinks at the gentleman's club. Now we have no money and have our wives asking "who's Tiffany?".

We have arrived at the painful morning light of our national bender. We're slowly opening one eye to find our national Buick wrapped around the oak of debt with hyperinflation smoldering in our trunk. We don't have a job anymore because our boss fired us and hired the damn chinese bartender from the titty bar. To complete our humiliation, when we finally crawl to the bathroom, we discover Tiffany gave us a parting gift.

Ben Bernanke warms up the helicopters

Perhaps I was psychic with my last coulumn.  More likely I ripped off someone else. At any rate, it appears that the Fed Chief is more than a little concerned with the plummeting money supply, and he knows just what to do about it.

Read more here:

EcoPolicyJournal

Hyper-Inflation to help with home heating?

 

Mark this day Oh good reader, for I am not only at a loss for answers, I don't even have a decent question beyond who hid the bottle-opener.

What began as my concerns about deflation inspired the Jr Woodchuck Economist in me to explore the current state of M3. For those of you who are mercifully ignorant of what M3 is( or rather was), it is basically the amount of  true liquidity in our monetary system. The Federal Government quit showing official M3 statistics in 2006.

If you're wondering about" Liquidity" in this case,it essentially boils down to ; "What is the limit on ATM withdrawals for the US dollar?" For example, if China had a party for the world  and wanted to order everyone "The General Tsao's Special" and a six pack of beer, could they cover the tab in cash  and a decent tip for entire population of the Philippines that would be delivering it?

Common monetary wisdom says that a declining M3 leads to deflation, whereas an increasing M3 is a harbinger of inflation. I find this all rather meaningless, as one would have to actually have some cash,demand deposits or repurchase agreements. Unfortunately I spent my last repo agreement at "Frugal McDougals" liquor store.

The problematic issue arises from the massive fiscal stimulus being generated by every advanced economy in the world.We SHOULD be swimming in money, but every sign points to the opposite. It's here that I throw up my little woodchuck paws and cry to the god's of the rodents "Why?".

If you would like to read someone way smarter than I explain, I highly recommend you follow the blue linky thing.

 ShadowStats

Al Gore gets freaky with Portland Masseuse

As if there was any doubt as to the Left bias of the MFM.  Simply as an intellectual exercise, imagine for a moment that this had been Dick Cheney. Now try to imagine the coverage tsunami that would have followed.

The case

Breaking: Democrats fire another General

All the buzz today is about Gen. McChrystal being relieved by President Barrack Hussein Obama.

Will someone please tell me at what point I entered the "Twilight Zone"? Okay, I understand my life is a '50's TV series, but for the love of God, who changed the channel?

In truth, I would find this entire farce entertaining, if not for the fact that good men and women are actually dying in the process.This is while our cartoon President plays the Red Queen and says "off with someone's head, according to our recent focus group and my sycophants".

I suppose this is in keeping with one belief I have, namely that you have to shoot your own dog. CIC Obama selected Gen. McChrystal, and now that he turned on him....Ya gotta do what ya gotta do.

Still I can't help but cringe at the next and probably final act in this horribly predictable drama. Gen. Petraeus is going to step in, with far too few resources and far too many restrictions to achieve anything resembling a satisfactory outcome. Horatius at the bridge comes to mind.

As I refuse to give the PuffHo even my pitiful traffic, I wont link them but will mention that one author there today referred to our military as "mercenaries". I think that fairly sums up the Lefts' attitude toward our soldiers, sailors, and airmen.

 Not being very familiar with Kabuki, I hope there's a part where the good guy kicks the clown guys in the balls.

Saturday at the Lodge

 

 There is no better place to be hanging out after a brutally hot softball tournament than the cool, dark confines of the Rightwing Deathsquad Softball League lodge. I was debating whether to put the contents of an ice cold Lonestar on the inside of overheated self or down my shorts. Goob strolled over to interrupt my deliberations.

“Whatcha pondering on?” He asked in his simple good-natured way.

I replied that I’m thinking about an interesting theory I read on some hot Conservative chicks website. The idea was novel to me, yet I couldn’t help but notice how much another long time meme played into it. I speak of course of the idea that Leftists are like children regarding their faith in government. As I had determined at this point that approximately a dozen more Lonestar’s would required to restore my core temperature to something resembling normal, I decided to enlighten Goob.

“Goober, before we get around to that theory, consider this” I said around another quaff of frosty nectar. “Leftists have an entirely childish view of how the world operates. Politically and economically speaking they believe that the Democratic Party is Mommy, a Democratic President is Daddy, and government is Santa Claus. In contrast, Republicans are the boogey man, Corporations are school bullies, and a Republican President is that guy in the van with all the candy, video games, and no pants.”

“Aww, that ain’t nuthin new” Goober said. “ That is essentially the point that Hayek made in “Road to Serfdom”.

I was taken aback. I didn’t know that Easy Reader had published a version of “Road to Serfdom”. I continued despite cognitive dissonance of seeing Helen Thomas naked levels.

“That may be true Goob, but Hayek dresses the point up considerably more”. By considerably more I meant giving it a personal trainer for six months, a boob job, a Brazilian wax and unlimited line of credit at Victoria’s’ Secret. Hayek figuratively turned a Rosanne Barr of an idea into Megan Fox.

Compelled at this time by a rapidly cooling temperature and a legion of empty bottles, I came to a point.

“The novel idea that I read recently is that Americans choose our Presidents to be the perceived opposite of their predecessors. If so, there may be hope for the Republic yet. This would mean that our next President would be fiscally wise, friendly to the idea of a capitalist economic system, and cognizant of the threats posed by various rogue governments. That and he wouldn’t have thought paint chips went great with salsa.”

Congressman Waxman (D-Nightmare), does your hypocrisy know no bounds?

Today this piece of sh..... louse on the body politic had the nerve to say that the President of BP was not woking to solve the problem, merely" kicking the can down the road". He further said that this is intolerable and "irresponsible".

Has he even been conscious for all of the financial mischief he and his ilk have foisted on our future generations?

As usual, Dilbert goes straight to the heart of the matter.

Dogbert Does Congressional Hearing

Because it was so much fun the first time...

In case you may have missed it, you absolutely need to check out this blog. It is essentially an edited reprint of Wall Street Journal articles from after the Stock Market Crash of 1929. If you can read these and:

A) Not see the uncanny parallels

B) Sleep soundly

Then either your mom shouldn't have drank so heavily during her pregnancy or you are a South Carolina Democrat.

You NEED to go here

Old WSJ

You should note todays WSJ  has an article about the second straight monthly decline in CPI. I'd link it, but the WSJ for some reason wants me to pay for it. What the hell are they thinking? Don't they know in a deflationary spiral todays dollars increase in value? I'm holding out till I can buy the whole rag for the buck seventy five I was saving for a 40.

 

IowaHawks' take on "Fightin' Bob Etheridge"

One of my favorite bloogers has an ad up for 'Fightin Bob"

Iowahawk  

The Impending Crisis- Part 2

As we discussed previously, holding hard money in the form of coins is a good thing in case the economy goes down faster than a truck stop hooker.That said, at the point we left off, you were holding a bunch of 1oz gold coins, because G Gordon Liddy told you to. I mean, if you can't trust someone who screwed up a burglary, who can you trust?

Let's assume for the sake of illustration that you are virtually loaded with gold coins of all sizes  when the bottom drops out. Continuing down this rabbit hole let's say that at some point we come out of our bunker and notice we're hungry. Fending our way past zombies and SEIU workers, we come to a "Possumburger" stand.

Bearing in mind that the smallest denomination we have is a 1/10th gold coin with a face value of 5 bucks, we notice that the price of the Double Possumburger is only a buck. What are we to do? Give the Possumburgermeister a gold coin and hope for the best? Attempt to shoot our way out a paying for lunch? I say nay to all these scenarios, because we are prepared.

That's right, we had read a rambling and disjointed discourse from the "Rightwing Deathsquad Softball League" and purchased circulated US Silver dollars and coinage. Now all we have to do is throw a "cartwheel" on the counter and that luscious double possumburger is ours.

Good readers, therein lies the solution to your apocalyptic monetary woes, and a cool way to profit if things go south. I speak of course of the humble silver dollar.

Bear this in mind, there are two distinct flavors of silver dollar coins just like as with gold. The silver coinage that circulated from the beginning of the republic until 1964 is composed of 90% silver.Since 1986 silver dollars and some other coins are 100% silver. Put quite simply, you don't want those unless you're an investor.

When it comes to silver dollars we need to be concerned with 1935 and 1986. Those are respectively the dates that the 90% mintage ended and the 100% mintage began. Before 1936 all silver dollars are .773 oz, after 1986 they all are 1oz.

The reason you don't want those 100% coins is simple, human nature. Presented with a coin that is marked $1, do you think anyone is going to bother to learn which coin is 1oz and which coin is .773 oz?  Even allowing for a discriminating seller, which coin would they encounter most often? A special US Mint offering of 1oz $1 coins, or the immense quantities of Morgan and Peace dollars?

A more universal reason to buy the 90% silver for our post-apocalyptic world is the exchange rate. In the good old days it was set at 16oz of silver to 1oz of gold. To put that in perspective, the current rate is about 60oz of silver to 1 oz of gold. Now this could just mean that silver is grossly under-priced vis-a-vis gold. Quite possible. In practical survival terms it means that our silver coins will be worth way much more in current dollars than our gold coins.

So there you have it, my secret advice. For your unemployment compensation dollars that aren't consumed by hookers and Thunderbird, buy old US Silver coinage. For you that still have jobs, the same holds true, but add in some current silver dollars to speculate on the gross historical disparity between gold and silver.

Oh yeah, and pitch that homeless guy a cartwheel. It might just be me and quite frankly drinking sterno is getting kinda old.