Friday, August 1, 2008

Do you wish you could free yourself from the crunch of rising gas, food and living costs?

With the way the cost of living is progressing, doesn't it seem that it's becoming harder and harder for the 'regular American' to make it? I mean, first, we had the dot com bubble, then stocks got hit and then the mortgage bubble - it's like a chain reaction! Well, Mr. Moneybags you say it doesn't effect you... then let us see about who it benefits, so we can figure who it really hurts. I know, I know - you already know it all - but what would you say if I told you that you could double your annual income, as well as the income of your spouse, your children and their children? - Pretty skeptical, huh. Well, if you don't think it's possible then go away, stop reading immediately and go back to your work, or TV, or whatever. The truth is that this is all actually being stolen from you without you even realizing it, via economic slight of hand.

Would you be surprised to find out that this all has been done with the aid of politicians, lawyers and bankers? I know... I thought the people in these professions were leading honest lives, too! After the mortgage bubble we saw food costs go up as banks began to fail and were infused with billions and finally minimum wages were raised. So who got the worst part of the deal? The poor minimum wage people, right? How can someone even survive on that much money!

Without boring you with too many details, I'll try to breakdown exactly how this works; When new credit/money is created who get it first? The government, and banks, because they make it. Then, basically they get to spend it on whatever they want - which is often contracts for the good 'ol boys. Then, as then money passes hands the effects of inflation gradually work their way throughout the economy diluting the overall pool of value we all share. So, when trade commenced with that first new dollar, no dilution had occurred, thus that dollar was able to buy a gallon for 1.50 and milk for .99, so you see it, unfortunately, effects everybody - except for the people who use it first. So, while you may think that inflating real estate or gold prices are good because it aides the appreciation of your assets, all it really does is curb your losses to some degree. Thus, you are not losing as much as most poor people, and you might get to take advantage of that little pedestal you're standing on, but what you don't see is that someone is doing the very same thing to you. Which follows all the way up the line, straight to the good 'ol boys who're reaming all of us.

I'll let that sink in, while I write my next post - where I'll address the options for solutions.

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Orange County Libertarian Party Updates

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Try looking up a term you thought you knew the meaning of, like "confiscate" www.thinkfree.ca