U.S. Pledges $7.7 TRILLION

Is it ok if I laugh now? I mean, a real big belly shaking hilarious kind of laugh?

Our government is so stupid, so insane and so out of control, that laughter is got to be better then pulling your hair out by the roots.

The only thing stupider are the people still playing in today’s Russian roulette version of the stock market.
I watch this thing go up, then go down, then go up and then go down, each time Congress or Bernanke or Paulson promise something that they cannot possibly deliver.

This is collapse folks. Full-blown, in-your-face, we’re-all-totally-and-royally screwed collapse. Our financial system is TOAST.

Absolute mindless ZOMBIES are running the show folks. Desperately trying to prop up what is irretrievably broken.

“All this obviously begs the question: what kind of economy are we going to live in if the old one is toast? Well, it’s also pretty obvious that it will have to be based on activities productively aimed at keeping human beings alive in an ecology that has a future. Once you grasp this, you will see that there is no reason to despair and more than enough for all of us to do, so we can recover from the zombie nation disease and get on with the next chapter of American history”

In Lurching Toward Gomorrah: More Signs of An Unstoppable Economic Meltdown Lendman lays it out succinctly, although he got the bailout figure wrong, it’s $7.7 trillion and still climbing.

Do you know how many YEARS it would take to simply run the printing presses to flood the banks with this kind of cash? That’ll never happen of course, but it’s going to create some terrifying conditions as the US Dollar becomes absolutely worthless.

Hehehehehe!!! Run up the black flag folks, it’s going to be mighty difficult in the days ahead.


admin at survivalacres dot com

7 thoughts on “U.S. Pledges $7.7 TRILLION

  • November 24, 2008 at 3:19 pm
    Maybe I don’t understand the financial system, but doesn’t the government have to sell US Treasury notes to make up this money from thin air? What foreign government is willing to buy this worthles crap anyway? I mean if they are going to hand out money to everyone, I could use a couple hundred thousand, I’m not greedy:) If they are going to keep printing funny money then why not give every citizen a few hundred thousand, at least then maybe some good would come of it instead of the money going to the elite who supposedly run this country. Bend over and pass the vaseline, I think we are all about to get screwed royally.
  • November 24, 2008 at 3:53 pm
    In Kunstler’s piece, ZOMBIES, mention is made of resurrection of railroads. There hasn’t been much mention of it in the news media around here either, but at least some railroads must be working feverishly behind the scenes to regrow themselves, as there are two, possibly only one now, facilities that create railroad ties in the U.S.–one in Alabama which I heard has recently become defunct, and another just outside Bunker, MO. The one in MO has in the very recent past been inundated with orders, which is basically bunches of creosoted railroad ties, ready to use. In fact they are so busy, they cannot keep up with orders.

    Not that this will get us out of our predicament….

  • November 25, 2008 at 7:27 am
    Nice article here: Money and the Crisis

    I think we all sense that we are nearing the end of an era. On the most superficial level, it is the era of unregulated casino-style financial manipulation that is ending. But the current efforts of the political elites to fix the crisis at this level will only reveal its deeper dimensions. In fact, the crisis goes “all the way to the bottom.” It arises from the very nature of money and property in the world today, and it will persist and continue to intensify until money itself is transformed. A process centuries in the making is in its final stages of unfoldment.

  • November 25, 2008 at 1:14 pm

    Not a bad article. The first few paragraphs are for the uninitiated, but it gets better.

    “The crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left to convert into money. Centuries, millennia of near-continuous money creation has left us so destitute that we have nothing left to sell.”

    We’ll start selling humans again. This should be obvious I’d think. We can monetize the flesh in more ways then prostitution.

    “Our forests are damaged beyond repair, our soil depleted and washed into the sea, our fisheries fished out, the rejuvenating capacity of the earth to recycle our waste saturated. Our cultural treasury of songs and stories, images and icons, has been looted and copyrighted. Any clever phrase you can think of is already a trademarked slogan. Our very human relationships and abilities have been taken away from us and sold back, so that we are now dependent on strangers, and therefore on money, for things few humans ever paid for until recently: food, shelter, clothing, entertainment, child care, cooking. Life itself has become a consumer item.”

    Indeed. A particular point that remains dear to my heart.

    “The time is here, though, for the reverse process to begin in earnest — to remove things from the realm of goods and services, and return them to the realm of gifts, reciprocity, self-sufficiency, and community sharing. Note well: this is going to happen anyway in the wake of a currency collapse, as people lose their jobs or become too poor to buy things. People will help each other and real communities will reemerge.”

    Good find, good read. I’d like to see this happen. We’ll still need to navigate and survive the collapse though. Life is about to become cheap again in the US of A.

  • November 25, 2008 at 6:44 pm
    Someone is moving up the timeline (get your preps ready people): Nostradamus Redux

    Celente’s Trends Research Institute, which the Los Angeles Times described as the Standard and Poor’s of popular culture, can see a tax rebellion in America by 2012, food riots, squatter rebellions, job marches and a culture that puts a higher premium on food on the table than gifts under the Christmas tree.

    Celente says, “There will be a revolution in this country,” though not until 2012, and it will take the form of a bloodless coup and the meteoric rise of a third party. While all this sounds like claptrap to sophisticated observers inside the Beltway, one can’t ignore the high marks his forecasting gets from such prestigious global publications as The Economist: “A network of 25 experts whose range of specialties would rival many university faculties.”

  • November 25, 2008 at 9:50 pm
    Thanks admin for all the reporting and blogging you do.
    Do enjoy coming back to your blog again and again.
  • November 26, 2008 at 2:03 am

    You’re welcome, and thank you for your kind comments and participating.

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