I haven’t forgotten about “Days of Yore” and I will continue next week, describing those halcyon days gone by. Currently, what is going on in D.C. is so absurd, as to be laughable if it weren’t so tragic. The goons invent a name for everything, so as to make it impossible to understand, or the name being descriptive of what is going on. “Quantitative Easing,” is a perfect example. The dictionary definition of ’quantitative,’ is: “Capable of being measured.” ’Easing’ isn’t in my dictionary, but could it mean slowing? The two words then, mean absolutely nothing, other than printing money.
It simply means that they’re buying their own debt, because no one else will buy it.
Imagine your kids have a lemonade stand, they get no customers, and they buy their own lemonade, and then say they did a good business or made a profit. They sold lemonade to themselves with their own money. That would be ’quantitative easing’ of a lemonade stand.
There are those morons who say the national debt means nothing, because, “We owe it to ourselves.” Another lemonade stand. If you bought government debt, and you expected to be repaid eventually, would you say, “We owe it to ourselves?” or “The government owes me?”
For years I have been saying that eventually, when no one else wanted U.S. debt, they’d buy it themselves, and sure enough, that’s what’s happening, to the tune of hundreds of billions of dollars. A huge, Washington D.C. lemonade stand, buying their own debt, and calling it “Quantitative Easing.” What a bunch of you know what.
Someone’s got to pay the bills. Over 212,000 new government employees in the last twelve months, and D.C. has no recession. The three richest counties in America surround Washington D.C., Harry Reid is one of the richest members of Congress, lives in a swank hotel, and he’s always been on the public payroll. What a cesspool of corruption.
It all points out to the basic, unavoidable fact, that if you want to preserve your assets, you’d better get out of the failing dollar, because that ’quantitative easing,’ is destroying its purchasing power. Gold and silver have gone up about 45% in the last few months, and I can’t see why that shouldn’t keep going, as long as the world’s printing presses don’t run out of paper.
When you buy from us, and send us a personal check, no one cares. If you wire money, get a cashier’s check, or withdraw cash, big brother may be concerned. He could be, because of the drug thing. They are suspicious of money laundering when there is a wire, cash withdrawals, or a cashier’s check. You can’t launder money with a personal check. I wish I could figure out a way to quantitative ease physical gold, which would make it free.
We’re taking out the trash on November 2nd. I’ve already voted by mail. I just thought that this latest scramble of words by the D.C. Gang, might as well be defined. A whole city full of crooks and those depending on them. There’s word that a terrorist is somewhere about, and going to do a bad thing. Maybe they’ll attempt to do D.C. rather than New York this time!