Day: March 12, 2012

MONEY: When does the inflation come?

Published on by reinkefjLeave a comment

http://dumpdc.wordpress.com/2012/03/10/flash-editorials-march-3-2012-2/

Flash Editorials March 10, 2012
By Russell D. Longcore

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The Nation III: The Federal Reserve now owns more United States Treasury bonds (debt) than China. Think about what a mega-Ponzi scheme this is. The very entity that prints greenback dollars…creating money from paper and ink…prints up a few hundred billion and hands them to the US Treasury to buy debt, thereby propping up the government. It’s the highest form of counterfeiting ever witnessed in human history. The tragic part of this story is that the Fed cannot stop printing and buying. If other nations around the planet want to dump DC debt, the Fed will be forced to buy it so that the bond market does not crash. Get ready for hyperinflation, ladies and gentlemen. It’s coming to a wallet near you.

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Paper money always fails eventually.

Who gets hurt? The poor, those on fixed incomes, the very young, and the very old.

Who makes out? The elite, the mobile, those with real skills / real capital, and those who “saved” in metals.

So, when?

That’s the 64k$ question!

We have to think it comes with a “tipping point” event (i.e., trouble in the Middle East; OPEC shifts to sell oil for gold; China further “diversifies” out of US debt).

We’re like the old sailors approaching the edge of the earth. Who knows what lies over the horizon?

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GOVEROTRAGEOUS: Genocide? The result of confused policies

Published on by reinkefjLeave a comment

http://www.washingtontimes.com/news/2012/mar/4/obama-defunds-snowflake-babies/

Obama defunds ‘snowflake babies’
Program aids in embryo adoption
By Cheryl Wetzstein – The Washington Times
Sunday, March 4, 2012

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While some observers support this move as a way to free up funds for more urgent reproductive-health concerns, supporters of embryo adoption say this is the wrong time to abandon embryos that are sometimes called “snowflake babies.”

“I think that daily we talk to people about … embryo donation and adoption, and we hear the response, ‘Really? I didn’t know that was even possible,’” said Ron Stoddart, executive director of Nightlight Christian Adoptions, which in 1997 pioneered the process of infertile couples “adopting” the extra embryos that another couple’s in-vitro fertilization process inevitably produces.

Hannah Strege, the first of these frozen, unique “snowflake” babies, was born in December 1998. Researchers think as many as 50,000 of the 600,000 cryogenically preserved embryos in the U.S. eventually could become available for adoption.

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Being childless is heartbreaking.

Murdering helpless children is horrific.

The problem was setup when the decision was made to START down this path. That sets you up to have the problem of FINISHING off the journey.

We certainly can’t afford the Gooferment; so cuts are essential.

It is just pathetic that we wind up at this stupidity. Isn’t that saying “leaders lack vision and the people perish”?

I’ll drag out my favorite personal realization from the Original Adventure by Wally Crowthier. “If you kill the bird, you can’t get past the sake.” That translates to: “What if the potential person that’s killed is the next Salk who will cure cancer, the next Hawkings who will explain the Universe, or the next Mother Teresa who will comfort untold number of sufferers?”

Imagine 50,000 Jonas Salk’s or 600,000 Mother Teresa’s?

It makes me sad. I know Frau Reinke would have taken as many as she could. Sad.

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