I will be working on finishing my next book, “We the Serfs” and hope to have it finished soon.

My latest article: As National Debt Approaches $15 Trillion Presidential Candidates Ignorant Of Solutions

For those of you who haven’t read my latest book, “Buy Gold and Silver Safely,” Chapter 4 is an outline of what will happen next with our economy, and why you need to be invested in gold and sivler now. You can find it over at my other site; Buy Gold and Silver Safely.

Take care and God Bless!

Doug Eberhardt

Related posts:

1. All Gold, Investment and Economic Articles Moved To New Website
2. My Book, “Buy Gold and Silver Safely” Is Now Available
3. Transition To New Christian/Political Site

“Money We Can Believe In”

“As Good As Gold”

For those who lean left or right, I would have created the same currency for Bush had I thought of it then. Contrary to mainstream media belief, the Republicans were big spenders too during the Bush years. They have only become fiscally conservative to have something to counteract the Democrats with since this mostly neo-conservative Republican party has been duped into loving and supporting wars (you know who you are). How Christian of you…

Understand the Truth

I am neither left nor right in my political views. The media would have you argue left versus right politics till you are blue or red in the face. The whole time the elites of the world, including those who are in Congress, you know, the one’s you keep electing to office each year, are destroying our monetary system. It’s the monetary system that keeps things going. Congress should let the bad banks fail and we move on with a secure system. Instead, both sides of the political aisle, in the name of “saving the system” only put us further into debt and deficits.

So What’s Next?

If you are a Christian, Atheist, Black, White, Gay, Straight, you are being affected by what Congress does. It matters not who is at the top except for the executive powers they abuse.

I will create a new currency exposing the same issues for the next President if Obama doesn’t get elected to a second term, although Romneyazillion just doesn’t have the same zing to it…

The point of the Barackazillion currency is to mock our Federal Reserve System that continues to print money out of thin air in allowing Congress to pay for things (wars, deficits and national debt), thus enslaving us for years to come. This has to end! Electing a different leader doesn’t change anything!

I’ve personally used the Barackazillion to pay for a taxi ride. I convinced the driver that it was a new currency available here in the U.S. and he accepted it (I later paid cash after testing out my theories that I could convince people it is acceptable currency). This is the level we have devolved to in America. People believe anything they hear…like from the mouths of Congress and the media. In the end, Congress will do what the elitist want them to do. They’ll bail out the banks. They’ll bail out big business. They’ll have you pay for it. Why don’t you citizens here in America understand this? Why do you believe everything the media tells you to believe as if it’s Gospel? The media is complicit in what is happening too. Why don’t most of you who are glued to the television get it? Of course there are exceptions to this…more people are waking up.

Much of this analysis I do will be explained further in my forthcoming book, “We the Serfs.” I have spent the last 5 years working on this book and have put all the pieces of the puzzle together for you to understand what’s really going on in America. It is a Christian/Political book based on facts. It is also a book that those of any other religion, ethnicity or sexual orientation, will agree makes sense. Of course those in Congress and the media won’t really like it, except for a few.

This isn’t any kind of conspiracy theory either. When I say the media is complicit, I can prove it. Of course there isn’t any media in America that will allow me to explain, so I am going after those who keep the truth from U.S. citizens by mocking them. It’s rather easy for me to do you know… Naturally, creating a currency that competes with Federal Reserve Notes would not be something that Congress or the Federal Reserve would want for us citizens. That’s why they tax gold and silver at 28%. They don’t want competition to their monetary system scheme. But unfortunately, it is this scheme that cannot last, and you will be the one left without a chair at the end unless you do something now.

Solutions

Congress would not be able to do this if there was no Federal Reserve enabling them to spend more than they have available. Congress would not be able to keep spending more than they have available if there were a Constitutional amendment to constrain their spending to income earned like the rest of us have to do living here in America.

Ending the Fed and implementing a Constitutional amendment would result in the following;

• The over-spending by Congress would end
• The wars would end and lives saved
• The economy would recover

You have choices come election time. That’s what the media would have you believe. But no matter who you elect won’t change the flawed system. The rules have to change first, and we elect people who will abide by those rules. Every Congressman swears to uphold the Constitution. They simply don’t once in office. So taking away one of their tools that allows them to spend like drunken sailors is the first step. We must End the Fed. A second step is to implement a Constitutional amendment that constrains Congress with SEVERE penalties, including personal ones (loss of government pension, loss of health care benefits in retirement, etc.), if they don’t adhere to it. Without the penalties, Congress will continue to abuse us citizens like they have since 1971. Make it personal and they’ll act in our best interest rather than the elite’s. After all, it is We the People they serve.

There is of course more to it than these simple changes. Again, this will be explained further in my forthcoming book.

What happens if there are no Congressional constraints and the Federal Reserve continues to implement Quantitative Easing?

If we don’t do something that stops this madness that Congress and the Fed have become, the result will be “We the People Serfs.” It will result in the end of the greatest country’s economic system on earth. It will result in the end of our monetary system as we know it because everything Congress and the Fed does is unsustainable. It’s simple math folks…there’s a reason why our kids calculators can’t compute one Trillion….or one Barackazillion (you really do have to watch the Barackazillion video).

We must live within our means as a nation for the system to work! Everyone else has to! This is the issue…

Feel free to pass this message on to your family and friends…or, do nothing and just elect the same people into office who cater to the elite’s because they have the tools to make themselves wealthy at your expense. It’s up to you to be proactive. Enlightenment can come with a simple forwarding of this message….

Related posts:

1. We’re Winning The War On Terror!
2. Your Senate Hard at Work Spending Your Tax Dollars and Increasing the Federal Debt Again
3. America’s Infrastructure In 2009: Grade “F”

Today’s article comes after listening to Christiane Amanpour’s show Sunday, June 5th, 2011. On this show her guest was NY Times columnist and Nobel Prize winning economist, Paul Krugman, who was there to discuss the economic situation we are presently facing. As some of you may or may not know, I have been writing on the economy, gold and silver on my other site, Buy Gold And Silver Safely in support of my book with the same title. I must say, turning to Paul Krugman for economic advice is like throwing gasoline on an out of control fire as his solution to everything is “more stimulus.”

But Krugman’s economic advice on Amanpour’s show today had a twist to it in addition to his usual government spending solutions. This twist is one that blew my mind away, hearing it in such a tone that he almost wished it upon this nation. The twist was Paul Krugman basically said we need a war “to jump start the economy.”

You can listen to the recording of what he said here: Krugman Loves War

The transcript of what Krugman said was; “If we all of a sudden had a threat of war, and a military build up, you would be amazed at how fast this economy would recover. The problem is, we can’t get ourselves together to do that kind of. ahh…(changes his thought process here and continues)…We can’t do it for the right reasons instead of the wrong reasons.”

Can’t do what for the right reasons Mr. Krugman? Is he saying since we can’t get the economy going for the right reasons (more stimulus according to him), then lets choose the wrong reasons (war)? Aren’t we already spending more on the military the last 4 years than at any other time in our history? Aren’t we already involved in two wars and currently bombing Pakistan via drones? I thought Obama was going to get us out of the wars in Iraq and Afghanistan? How has the trillions of Quantitative Easing by the Fed worked for stimulating the economy Mr. Krugman? Why is the unemployment rate still so high? How many new businesses have started lately? Just how exactly will this war be paid for? How have past wars been paid for? What tax increases will there be? Will the war be declared per the Constitution? What will other countries think of this tactic? Their economies are hurting too, so will they join the U.S. war efforts to improve their economies? How many lives will be lost during this war before it’s is “declared” a failure by the general public?

The Numbers Don’t Lie

Let’s look at the numbers a little closer to see if Krugman has the right ideas about more spending and more wars and whether that will help spur the economy moving forward. From the table below we see that income tax revenue has fallen with the millions of people laid off. Military spending is already almost as much as what is gathered through income taxes. Is this who we really are as a nation? The Swiss never get involved in wars had have had the strongest currency in the world because of it. Instead of cutting back and living within our means, all our government does, per the advice of people like Krugman, is keep adding fuel to the fire. These economists and Congressman can’t see past the nose on their faces, and we don’t even have Obamacare in place yet. And now Krugman is advocating war? Seriously?

Table data gathered from CBO Historical Budget Data

Discretionary spending is up. Mandatory spending is up. Defense spending is up. Personal income tax and corporate tax revenue is down. The kids graduating college today will have to pay for all of this with a lower lifestyle and a nation that isn’t even close to that of their parents and grandparents.

An Apology To Future Generations

I sincerely apologize on behalf of all who have let things get this far. I apologize to all those college graduates and younger generations who will feel the repercussions of all this spending by the generations before you. But many of you voted for Obama because you expected “change.” You expected an end to wars. You got the shaft just like we always do. Welcome to the world of politics. We have made the mistake of electing these same fools into office. This can’t continue and it is up to the youth today, and enlightened voters, to stop this pattern of abuse to the People.

Of course the baby boomers were given the gift of Medicare and Social Security to pay for, many of whom are just starting to see the return on their investment after contributing for decades. But will the last baby boomers who start receiving social security benefits in 10 years or so even get any of what they put in? At the rate our government is spending, adding to the deficits and current debt, and with no realistic outlook for  businesses to get back on track, they will have to recalculate just how long Social Security has to survive. And don’t forget about adding Obamacare to the equation. Or will it be called Romneycare?

What a birthday gift to my 12 year old daughter. Would you like a cherry on top of that debt cream birthday sundae?

The Only Gift I Can Give To My Daughter

The only gift I can give to my daughter right now is to expose the ignorance of the economists who say that spending will solve our nations problems and stop the ties that congress has with corporate American in handing out favors through lobbyists. Let businesses that didn’t plan ahead and banks that can’t make money fail. Let the free market replace failed businesses with companies that produce and hire individuals. America will not devolve into a 3rd world country if we stop Congress and the Fed from destroying our future by bailing out their favorite banks and companies and instead make the necessary cuts. If you are in debt and get another credit card, can you spend your way out of debt, or do you cut up the credit cards and work on becoming debt free? Stop this madness from our government and Fed and stop it now!

Krugman’s Solutions Of More Spending and More Wars Won’t Work

Krugman can have his war only if he’s carrying the American flag in front of the soldiers told by their government to wage war on whomever the government doesn’t like. A soldier is told what to do, but the orders come from the top. Al qaeda here, Al qaeda there, Al qaeda everywhere! Kill them before they kill us like a former Presidential candidate told me once through an email correspondence we had. When push comes to shove, these economists and Congressmen who want and continue funding wars do it behind a desk without any repercussions. After 8 years, these Congressmen have retirement and health insurance for life and a cushy job with the company they helped via generous lobbyists gifts to their campaign chest while in office. Meanwhile soldiers with mother’s, father’s, wives and children, die or come home disabled. For what? To defend a nation that can’t be touched by anyone but Canada and Mexico? If you have ever played the game of Risk, you know what I’m talking about. Any nuclear submarine could take out any country it wanted to in minutes. Israel, being the only county with nuclear weapons, could do the same.

But why not “love thy neighbor” instead of threaten them? I can hear the neoconservatives reading this now…cringing because they love war so much. Well guess what? Your mother, father and grandparents were real Republicans. You know…the one’s that got us out of wars (Vietnam and Korea). Democrats were the ones who got us into war, and as true to their historic nature, care not to get us out as Obama has shown. If this truly is a Christian nation, it’s not one made of neoconservatives and neoliberal who love war. Think outside of what the media tells you to think. Become more aware of what they are doing to hurt the economy, not help it. Open up your Bibles and read the New Testament and the words of the Prince of Peace (I am only preaching to Christians here – or the one’s who love war and call themselves Christians – if you are not Christian, I love you – If you are Muslim, I love you – if you are of any race or religion, I love you as God has commanded me to). Yes, we are to watch for “wolves in sheep’s clothing,” but who are the wolves and who are the sheep? And how many innocent lambs are slaughtered while we let our government try and decipher?

You have a choice come 2012. The choice will be to put big spending, lobbyists loving, war loving candidates in office, or someone who will put an end to this madness, knowing they did the right thing. Whom will you choose?

Stay tuned for more articles related to the forthcoming elections.

Related posts:

1. We’re Winning The War On Terror!
2. The Left and Right Love and Need War
3. Limbaugh and Hannity Still Favor The Fed and War While Most In America Don’t

Below is the response from my local house rep. Typical politician double speak…”I’m against it but I voted for it…”

Senator Feinstein voted for it and replied to my letter of protest. Senator Boxer voted for it and never replied.

Racetrack improvements, $100 million, movie industry $500 million and $2 million for wooden arrows are part of the bill? Are you kidding me?

All the pork thrown into this bill has got to wake America up to what is really happening with our elected officials. I swear….if it doesn’t, then Americans deserve what they get.

You can only blame ignorance for so long…pretty soon you crossover into the realm of stupidity.

If anyone votes in November for any of those that voted “yes” for this bill, they have crossed over. If this bill was really for helping the economy, then why did the stock market go down 150 points?

The ship is sinking folks… Make your vote count in November. Shove these losers that voted yes out the door.

FYI, Obama and McCain voted “yes” for the bailout bill. A vote for either of them means you approve of this bailout.

Doug Eberhardt

www.youcanmakeadifference.org

From my House rep Mike Thompson:

Dear Doug:

The Emergency Economic Stabilization Act passed by the House today is not much better than the one we rejected on Monday. While the increase in FDIC protection is an important improvement, more market reforms are still needed. The reality is that the credit market is locked up and that is hurting Americans. It was very evident that if the House failed to act the consequences would shake the foundations of our economy.

From the time that the Bush Administration first asked for this rescue package, I argued that if taxpayers were being asked to pay up, then we needed regulatory reform at the same time. But this week, the precarious state of our economy showed that we needed to act quickly, and that getting comprehensive regulatory reform would take time, a luxury we did not have. In my many conversations with constituents and economists, it became clear to me that this crisis is not going to just affect those on Wall Street, but folks on every street across our district and around the country.

You don’t have to look any further than today’s unemployment numbers to see why we have voted to act now. The country lost more jobs in September than any month in the last five years. Unemployment in California stands at 7.7 percent, the highest it has been in 12 years. A major reason is that our financial system has stopped functioning and banks are not extending credit to employers. I have talked with individuals and business owners across the district who say that the tightening of the credit market has already affected their ability to maintain operations or to expand their businesses.

Within the last two weeks, the Arcata Community Recycling Center has seen their interest payments balloon to four times their normal rate. Standard Structures in Windsor was about to finalize a $10 million order from a Texas company until they got word this week that the project was stalled because of the credit crisis. There are fifty jobs tied to that one contract. Many more of our small businesses will be forced to lay off workers or wait on hiring new workers if they don’t have access to credit.

Governor Schwarzenegger and Treasurer Bill Lockyer announced this week that California has four weeks of cash flow, and if the markets are not restored, the state will be unable to pay its bills. It’s only a matter of time before cities and counties will be forced to pass along these budget shortfalls by reducing public services. From public health and safety workers, to road crews and garbage pickup, the government services that we rely on will be disrupted and these jobs will go on the chopping block.

I can assure you I still disagree with this bill and I remain committed to enactment of concrete market reforms that address the underlying problems that lead to this crisis. To that end, I’ve received a direct commitment from Speaker Pelosi that she too will work to identify and address the problems that led us to this point. The House will immediately begin holding hearings on the regulatory shortcomings in our financial system, so that come January we will be ready to craft legislation that addresses the issues I’ve raised and others that will be uncovered. Congressman Barney Frank, who chairs the House Financial Services Committee, has promised me that his committee will make the reforms I advocated for a top priority. And I’ve received a personal commitment from Senator Obama that if he’s elected President he too will work for these important market reforms. In January, we will be well positioned to pass important legislation that will close the loopholes and tighten up regulations in the financial services sector.

Today I voted for this legislation because it was clear to me that we must take immediate action to restore a measure of confidence in the economy. This isn’t the end of our problems nor is it the last of the legislation. Like everyone else, I’m outraged that taxpayers have been tapped to cover the greed and excesses of the financial marketplace, and I’m outraged that as taxpayers we have been asked to cover for the failure of Wall Street regulators. But when forced to choose between doing nothing and passing this bill, I voted for what I believe is best for our country and our district, and voted to pass this legislation. We face a tough road ahead, but hopefully by unfreezing the credit markets, Americans can get back to growing their businesses and growing our economy.

Thank you for taking the time to contact me on this important issue. I appreciate your conviction on this matter and have valued your continued dialogue.

Sincerely,

MIKE THOMPSON
Member of Congress
[link edited for length]

Related posts:

1. Which Congressmen Voted to Give IMF $100 Billion? Vote Them Out!
2. America’s Infrastructure In 2009: Grade “F”
3. Congress Gives IMF Your Tax Dollars to Bailout Greece

Here is the 2005 Report Card on the 12 categories:

Aviation — D+

Bridges — C

Dams — D

Drinking water — D-

Energy — D

Hazardous waste — D

Navigable waterways — D-

Public parks — C-

Rail — C-

Roads — D

Schools — D

Solid waste — C+

Transit — D+

Wastewater — D-

SOURCE: American Society of Civil Engineers

There’s a game that I played years ago called Sim City. The basis for Sim City is managing local government. The objective of the game is to use your decision making skills to build a city and manage the city as potential disasters and other problems arise. Some schools, such as Auburn University use Sim City to teach students systems thinking, problem-solving skills and “craft” in the planning profession.

I remember in playing this game that if I concentrated on one aspect of planning and neglected others, there were consequences, sometimes severe consequences. This leads to our current situation here in America. For now, our nation’s leaders (Congress and the President) are spending their time waging undeclared wars where the cost to pay for said wars aren’t even included in the budget deficit figures.

So when will our leaders decide that our own nation needs some TLC and leave other nations to depend upon their own people to survive? The answer will probably be found when the next bridge collapses or the water situation hits crisis level. A “D-” for drinking water? Are you kidding me?

Our leaders are reactive, not proactive. The only thing that they are leaders of is the march towards the destruction of America as we know it! They would lose every game of Sim City they ever played. If only there were no consequences.

The next ASCE report card is due out in 2009. I can only imagine what further deterioration will have occurred. Can the grade of “F” be too far off? If your child receives these types of grades, are you proud of them? No! You do what you can to fix the problem by paying more attention to what is causing it!

What’s causing our problems in America? We need $1.6 trillion over the next 5 years to fix our infrastructure. Where will that money come from? Is it in the current budget? Will war with Iran make things better or worse? Does Congress even ask these types of questions?

So to pay for the repairing of infrastructure, congress can only do one of two things; raise taxes or print more money (the hidden tax called inflation).

Either way, you will pay more for everything.

You’ll find out what’s going on with your state’s infrastructure here.

Doug Eberhardt

Related posts:

1. Vote For Those That Voted “NO” To the Bailout Come November
2. Social Security Will Be There For You, However…
3. Top 5 Articles of 2009

Stock market is falling apart…

Dollar has fallen 40% since the war began…

World food crisis because of rising food prices…

More people IN THE U.S. getting food from local food banks…who are low on supplies…

Real inflation rate in double digits (you know..utilizing the same criteria for figuring inflation from the Carter years)…

Housing bubble has burst…

Consumer debt over 2.6 trillion…

National debt over 9.3 trillion…

Trade deficit averages 58 billion a month…

Budget deficit in the hundreds of millions doesn’t even include the cost for the wars…

Real Unemployment near 14% when you include the “discouraged workers…”

Industrial production has contracted year over year…

Oil and Gasoline prices at record levels…

There are no consequences to our actions around the world are there?

Things are going real well! We’re winning! We’re winning!

Meanwhile, seniors on a fixed income are crying…

Where we go from here I prefer not to dwell on…

But hey! …we’ve got Obama or McCain to save us!

Editor’s note: I did not include in the above analysis, the losses of liberty to include; the patriot act, various house and senate bills that will take away more of our freedoms, including your right to free speech in criticizing the U.S. government that passed the House by a huge margin (Senate Bill – S. 1959), legal wire tapping and domestic spying (FISA), right to detain indefinitely, TSA pat down search abuse and now body scanners, terrorist watch list now over 900,000, real ID in the works, International Cyber Crime Treaty and loss of private property through Eminent Domain to name a few.

YOUR ELECTED CONGRESS HARD AT WORK!

To do something about those elected Congressmen and women, read Alex Wallenwein’s fine column.

Doug Eberhardt

Related posts:

1. Social Security Will Be There For You, However…
2. The Left and Right Love and Need War
3. America’s Infrastructure In 2009: Grade “F”