Something Wicked This Way Comes

I've traded stocks, bonds, and options most of my life. I've made money, lost money, lost money on crooked investments that the SEC failed to see or regulate. I've read hundreds of books, far more than any given Business or Econ major does in four years.

What I want to tell you here is very important. The game is over. They are just sorting out the last winners from the losers.

This isn't a doom and gloom piece from some maniac that knows nothing about money creation. In fact, if you ask ten people right now, today, how money is created- you will get ten erroneous answers. Maybe one person knows the answer. Maybe one person knows that money is created from debt.

We are bankrupt. Our country is bankrupt. No amount of GDP growth can turn this battleship in a bath tub. And government shows no signs of slowing down- it has a voracious and undisciplined appetite. M3 money supply is cratering just like it did in the Great Depression. At the same rate.

The last great concentration of wealth in this country, about 13 trillion, is sitting in 401ks and retirement accounts. That money is not liquid. It is based on the value of the investments it owns and until you cash that 401k out, it is not liquid.

What I am saying is this. The financial collapse in 2008 showed us that real estate was not foolproof and that beanstalks do not grow to the sky. The same thing holds true for stock markets. They are beanstalks and in a mature economy, they simply quit growing. They have a lifespan. They grow rapidly in their youth, (India and China now) mature and bear fruit, wither and die. We are a fully aged and mature economy. European style. Doing European style things like engaging in socialism and taxing everything we can lay our hands on. We are no longer the best and the brightest nor do we engage in free market capitalism. Although we like to think we do. We are in the late years of this country's expansive lifespan. The twilight. We are the new Europe. China is what America was.

Your investments are being held hostage. They are the last great piggy bank that can be raided. Could government freeze those assets? Yes, by imposing larger taxes on withdrawal. Will the market go up significantly in the next decade? No. It simply can't, we have sold our future overseas. Government cannot pay the interest on our debt. They will begin taxing the hell out of everyone and everything they can get their hands on. A European style VAT tax is almost a certainty. Higher tax rates on everyone are a certainty. Inflation is a certainty. We have lost all of our jobs and our workforces to overseas workers. We have lost our capacity for GDP growth. Higher taxes mean less investment. Who wants to work and give all of their money away in overhead costs and taxes?

Oh, and the underground economy will really flourish. Tax evasion will be as common as beer drinking.

We're cooked. It's acceptance time. Quit pouring money into 401ks. Take all excess cash and pay off everything you owe. Save what you can, buy supplies and stores. Begin to prepare for a world where paper money is no longer honored. Become as self sufficient as humanly possible. Because they are going to raid the markets again. They are going to try and steal your money again. And what they miss, the government will have to try and grab. I cashed my 401k last year. If you worry about a 10% penalty now, you may be facing a 25% penalty just a few years from now.

The government wants your money. In fact, they have to have your money. And they're just going to take it, one way or another, one law or another, one tax or another. Reduce your exposure and school yourself. Pay attention. This is a debt landslide, a mudslide that will simply generate momentum. I am looking forward to it. We've earned this. Something wicked this way comes.

Pure Insanity

Every once in awhile, I see something so insane that it simply blows my mind.

http://sports.yahoo.com/tennis/blog/busted_racquet/post/Rafael-Nadal-wears-525-000-watch-at-the-French-?urn=ten,243604

Playing tennis with a 525,000 dollar watch on? Just what kind of an idiot needs a 525,000 dollar watch in the first place? What kind of ego requires that?

I have to tell you. People have lost their minds. Just reading this story makes me sick and trust me, there will be idiots who actually covet morons like this. I always thought tennis was a chick's game, still do.

The Twilight Zone on Blogger

http://lunaticfringe-brian.blogspot.com/

The latest. The whole blog is now MIA. Don't bother with the link.

I am starting to get nervous. A few months ago, I started writing the Lunatic Fringe.
Yesterday, I couldn't log into the account. It was like it disappeared. I signed out of everything, used the proper email and password and nothing.

It said my account didn't exist. I've spent an hour or so trying to log on and I can't. I have two other blogs and I could sign into both of those, but Lunatic Fringe, nyet.

The last article I wrote, "Teleprompter Jesus" is still up. It is a fairly scathing piece, as many of mine are, about our Marxist in Chief, President Obama. That the site has essentially been disabled has me a little nervous.

I tried to get on to write a piece on Obamacare. It has recently come to light that on next year's tax forms, every American receiving health care insurance will have to pay taxes on the benefit- maybe. I am trying to verify this. And every American is also required to file a 1099 anytime 600 bucks or more changes hands.

Both of those items were "slicked" into the bill. Democrat legislators failed to mention that. Because if they had, it would have stopped the legislation dead in it's tracks. It would also have led to one of the greatest upheavals in mid term elections- perhaps ever.

Now I know they passed a bill that allows Obama to regulate the internet essentially as he sees fit. Now all of the sudden, I can't sign onto the Lunatic Fringe?

I am sure there is a rational explanation. Really. I gotta run, there is a big fat man named Alfred at my door with a crow on his shoulder...

New Blog

For those of you following this blog, I would like to give you a link to my new blog, Lunatic Fringe.

Here's the link;

http://lunaticfringe-brian.blogspot.com/

I spend a lot of time scouring the internet for various news articles and videos. It has become increasingly clear to me that you cannot spread yourself too thin...

So I've hopped over to this new site. I hope you do too. Thanks...

Brian

How Hard Can Filing Taxes Be?

The most ridiculous waste of time on the planet is filing taxes. Without a doubt. It is a relic and a shining example of just how fucked up government has become.

What makes it even more ridiculous is that there has been and always been- a simple cure. The flat tax. No deductions. With hold, not over with hold our money, and just keep it.

A couple of weeks ago, I decided to go get some Federal tax forms and booklets. They are no longer at the library or the post office, that's too easy. You must go to the Federal Building instead. Upon entering the parking area, I was forced to give ID.

Upon entering the building, I had to get naked. Off came my boots, coat, belt, every piece of metal short of my fillings. It took me six attempts to get through the checkpoint. All of this so that I could go get some tax forms and pay the government my money.

It's kind of a "let's steal your money, waste your time, and make it as difficult as we possibly can" type of scenario. Another shining example of government gone wild. In a drunken stupor, I couldn't invent this insanity. And what worries me most; is that there are actually people who will defend this money sucking waste of time and energy.

Soon I will sit down and try to decipher just how bad this is going to get. I have about 5 different types of income this year and so I will need help just to file my numbers in the right boxes. It is a testament to the insanity of Americans that we simply don't stage a revolt over this ridiculous system. We have thousands upon thousands of pages of tax code, all remedied by a simple flat tax. Only in America can the government turn a simple act like paying taxes or boarding a plane into an ordeal. Stalin would be proud.

More Crazy Government Conspiracy Theories

This author is claiming that there is something called "hidden taxes." Next thing ya' know, people are going to claim that the government conspires to steal our money. Laughable.

http://articles.moneycentral.msn.com/Taxes/CutYourTaxes/HiddenTaxesYouPayEveryDay.aspx

More Government Nonsense

All we want is our fair share of your money. Please answer our questions.

http://www.youtube.com/watch?v=RsDhkPym01k