The ABC Doomsday Machine. It's Not Something a Sane Man Would Do. By HOBO POTHEAD

The ABC Doomsday Machine. It’s Not Something a Sane Man Would Do.

By Dr. Strange Investor November 27, 2011

The Banksters are using the same basic template to crush both the Amero peasants and the Euro peasants: Bail themselves out and balance the books by cutting the peasants’ rations.

In the longer run the Amero serfs will be culled just like the serfs on the other side of the pond but for the immediate future Amero serfs will be much better off … I think.

Here’s why:

Both in America and Europe the primary forms of assistance to the needy are doled out by the national governments.

In America the national government hands out Social Security checks, unemployment checks, EBT cards (electronic food stamps) and numerous other forms of assistance to the needy. Moreover, the federal government employs many workers and sends checks to retired federal workers. If push comes to shove the federal government here in America can always electro-print up all the money it needs to keep the cash flowing and the cities from burning. I’ll allow that the bipartisan ABC Doomsday Machine (Automatic Budget Cuts) will (and was designed to) change all this but it will take it a bit longer to kick in … I think. (Make that “I guess” instead.”

In contrast, state governments here in the USA pony up basically no significant assistance to the needy simply because the state governments can not electro-print money.

Over in Europe the situation WAS basically the same. (Note the past tense “WAS” in all caps. The national governments handed out the great majority of assistance to the needy and also handed out the checks to many active and retired government workers. The subdivisions of the European nations (their equivalents to our American states) handed out relatively little to the needy and for exactly the same reason – exactly like the American states the local sub-divisions of national governments in Europe could not electro-print money.

Then along came the European Union and BANG! … the national governments in Europe were instantly reduced to the same status as states here in America in that they could no longer electro-print money at will. But not to worry, the banksters were more than willing to loan tons of money to any and all PIIGS with a pulse who could put their “X” on a piece of paper. It was exactly like the real estate thingy here in America – the banksters made huge loans to those they knew full well would not be able to pay it back (and dare I say looked forward to the day when the card house would collapse because that was/is part of the banksters’ game plan).

To the astonishment of exactly no one (except the painted ladies of the establishment media) both of these bubbles went el busto.

And now we get to the juicy part. Recall that the European Central Government (that collection of rolly polly patricians in Brussels) hands out basically nothing to needy Europeans nor does it pay the many active and retired government workers in Europe. That’s the job of the “sovereign” national governments in Europe who can now neither electro-print nor borrow a single Euro. (Unless they borrow at ruinous interest rates which will, of course, only perpetuate and deepen the impossible situation the national governments are ensnared in.)

So currently in Europe the once sovereign nations have been reduced to the status of states in America. The needy in Europe have NO ONE to turn to for relief and they are well and truly … dare I say … stuffed.

Meanwhile, here in the USA the needy are still getting substantial assistance from the federal government and active and retired federal employees are still getting their checks and this situation will continue until the bipartisan ABC Doomsday Machine is unleashed and starts it pre-programmed job of culling the sick the weak and the old – in short useless (to the banksters) eaters.

So, does one fiddle while Rome burns or what?

My motto is: “Don’t let the sufferings of others go to waste. Invest in them.”

About six months ago I wrote an article the webzine Interesting Times wherein I laid out my five year plan for making a bundle off this great culling of peasants. I post the results of my “investments” on my web site every month and you can follow my results if you are interested.

http://abandonhope.weebly.com/

Basically I’m short America and long China and long selected metals. As for Europe, save it for next year’s Thanksgiving main course.