Friday, July 31, 2009

California the First State to Print its own Money

The break up of the United States continues to progress forward. California has begun issuing IOU’s or the first currency in wide circulation other than the dollar in the United States since 1913. The other states that practice fiscal responsibility like Texas, Florida and Missouri better learn money and banking real soon. Like California states will have to print their own currencies hopefully based on the old gold standard when the dollar collapses. The red areas of the country better start thinking real hard about this problem as well as the excessive taxation that will be coming out of Washington. Unfortunately for California even if the federal government bails them out their money will soon be useless. Elections have consequences.

I was watching the O’Reilly Factor and Bill had just come back from Switzerland. I have watched Bill for several years and he is very good about saying something without saying it. English professors called it reading between the lines. Now why Mr. O’Reilly went to Switzerland one can only speculate he has hidden investments there and is scoping out a place to bail out to as the country goes into chaos and upheaval. His personal dealings don’t concern me at all.

What intrigues me was his sudden concern for the collapse of the dollar. The expression on his face and his little back and forth with Juan William and the hot chick of the day made me believe he is finally taking the fact that the Federal Reserve is blowing up the dollar seriously. Yea Bill increasing the monetary base 110% + will tend to do that. One can only speculate that Mr. O’Reilly talked to a few Swiss bankers first hand about the dire predicament of the US dollar.

Again the states need to get ready to self govern. Washington is being run by lunatics and their path is unsustainable. The states can choose to peacefully revolt and starve Washington of all cash to protect their own people or they can support insanity and dictatorship. Sane red states and red counties need to get a game plan together FAST.

Four months is what some are predicting as the start time if the long painful crash of the dollar. Think 1929. The only thing that will save the dollars destruction is if Washington freezes like a witch’s tit in Alaska during January. No bills passed. No stimulus spending. Nothing. Just the effects of the already passed “stimulus” bill will kill the dol lar. Every time the Federal Reserve floats a few billion in bonds to pay for Hawaii’s tourist canoe and other useless projects the dollar drops in value. Pretty strait forward for linear relationship. Soon to change to a negative exponential drop into the abyss.

Get your house in order if possible. Do as Bill did and get your escape plan ready.

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