The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

The Prepper's Blueprint

The Mystery Of The Shemitah
Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
Gold Buying Guide: Golden Eagle Coins

Recent Posts

Archives

Inflation 2011: Honey – They Shrunk Our Paychecks

Do you ever have the feeling that there are holes in your pockets?  These days our money seems to slip through our hands faster than ever.  The Federal Reserve keeps telling us that the rate of inflation in 2011 is “close to zero”, and this is causing confusion for many Americans because they are making just as much money as they did in previous years but it doesn’t seem to go nearly as far.  So what in the world is going on out there?  Well, sadly, the truth is that we really don’t even know what the government considers “inflation” to be anymore.  The way that the U.S. government calculates inflation has changed an astounding 24 times since 1978.  You see, it is always politically beneficial to have a low inflation rate, so recent administrations have been changing the formula constantly in an attempt to look good.  But these days most Americans know something is up.  All they have to do is stop at a gas station, go shopping for food or open up their bills. The reality is that inflation in 2011 is about as bad as we saw back in the 1970s, it is just that the government is much less honest about it now.

Many years ago Kenny Rogers released a song that contained the following lyrics….

You got to know when to hold em, know when to fold em
Know when to walk away and know when to run
You never count your money when you’re sitting at the table
There’ll be time for counting when the dealer’s done

Well, the U.S. middle class has been dealt a losing hand, but in the game of life you just can’t fold.

Over the past 3 decades, the average household income for the bottom 80 percent of Americans has been remarkably flat.  In fact, over the past several years we have actually seen median household income decline several times. If you do not know about how the U.S. middle class is being ripped to shreds, just read this article.  Without a doubt, America is getting poorer.

Well, not the top 1 percent, but the vast majority of the rest of us sure are.

Meanwhile, prices have started to rise with a vengeance.

According to an article in the Daily Mail, a Memorial Day cookout will cost you 29 percent more this year than it did last year.

That doesn’t sound good.

Will it be 29 percent more expensive again next year?

Perhaps some of us will just have to stop having Memorial Day cookouts because we can’t afford them anymore.

The price of gas is also digging into our paychecks big time.

A gallon of gas costs about a dollar more than it did a year ago, but we can’t avoid buying gas.  All of us have got to get to work and drive to the store.

Sadly, each time the price of gasoline goes up 50 cents it takes about $70 billion out of the U.S. economy (on a yearly basis).

A recent article in USA Today described the kind of impact these high gas prices are having on average American families….

For every $10 the typical household earns before taxes, almost a full dollar now goes toward gas, a 40 percent bigger bite than normal.

Households spent an average of $369 on gas last month. In April 2009, they spent just $201.

But don’t worry, according to Ben Bernanke we barely have any inflation at all in 2011.

Some companies are trying to avoid raising their prices by reducing their package sizes.  A recent article posted on Marketwatch entitled “Inflation diet: same price, less product” explored this phenomenon in detail.  Millions of Americans are going to the supermarket and are finding that many of their favorite products are now 10 or 20 percent smaller and yet they are paying the same price as before.

Another thing that is happening is that product quality is going down.  Have you noticed how things just don’t seem to be made the way that they used to?  This is not a coincidence.

According a recent article on CNBC, retailers are skimping on quality as a way to deal with rising costs….

According to Global Hunter Securities Macro and Consumer Strategist Richard Hastings, retailers have been collaborating with their production contractors for about two years. They are trying to push back on the total volume, cost and weight of every unit.

“Along the way, the consumer barely noticed. By now, everybody knows something is wrong,” said Hastings. “If we had to put a number on it, it’s probably a 7.5% decline in total quality and durability of products compared to a bigger increase in the cost of production per unit made outside of the U.S.”

But no matter how hard companies try to hide it, at some point the American people are going to wake up and they are going to realize that they aren’t getting as much for their money as they were before.

This is why so many people get upset when the Federal Reserve and the U.S. government devalue our money.  Inflation is a “hidden tax” on every single one of us.  When our dollars don’t buy as much stuff, that means that we are all poorer than we were before.

All of this inflation is coming at a time when the economy is really struggling.  Personally, I am seeing all kinds of signals that the economy is really starting to slow down once again.

What is going to make things even worse is all of the government austerity that is going to be implemented over the next couple of years.

Once upon a time, a government job was the safest kind of a job you could have.  Sadly, as a recent Reuters article noted, those days are long gone….

Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday.

So should we, as many of our liberal friends insist, tax the rich so that we can pay for all of those government workers?

Well, the truth is that the wealthy are already being taxed into oblivion.  If you doubt this, just read this editorial in The Wall Street Journal: “A 62% Top Tax Rate?

Most of the “ultra-wealthy” have learned how to avoid most of this taxation by moving their wealth offshore.  In fact, as I have written about previously, it is estimated that a third of all the wealth in the world is now held in “offshore” tax havens.

So why are we seeing so much inflation right now?

Well, I covered that in my previous article entitled “When Faith In U.S. Dollars And U.S. Debt Is Dead The Game Is Over – And That Day Is Closer Than You May Think“.

The Federal Reserve and our politicians in Washington D.C. have been very naughty.  They have been systematically destroying the value of our dollars.

Someday when you are using your money as toilet paper because toilet paper is actually much more valuable than dollars are you will wish that the American people had stood up and insisted on a different path.

Don’t laugh – during the hyperinflation that the Weimar Republic experienced in the 1920s, German citizens were actually burning stacks of money in their furnaces in order to keep their homes warm.

100 years ago, a U.S. dollar had more than 20 times the purchasing power than it has today.

Sadly, we are now in a terminal phase of dollar devaluation.  It is only going to get worse from here.  Someday we will look back and long for the days of “low inflation” that we had back in 2011.

  • http://www.aprivateportfolio.blogspot.com/ traineeinvestor

    Sometimes I think that the only reason the Fed/US Govt have got away with so much for so long is that many other countries are destroying their currencies just as quickly.

    The real question: what do you do about it?

    A small quibble: moving your wealth offshore does not really help reduce the tax burden under today’s laws.

  • Chuck D.

    I have been a meat cutter for 8 years now I make $2.25 more an hour than I did 8 years ago. Yet gas is up food is up and my water bill power bill cable bill etc…. Went to the store today bought everything on sale and store brands and spent $120 got 5 bags of groceries. I remember a time not to long ago when I could fill up a grocery cart for the same amount. Times are getting hard and when the SHTF I hope people have prepared I know I have. The government will have to start cutting and it’s not going to be pretty.

  • mondobeyondo

    There is little doubt that the American middle class has been dealt a bad hand the last few years.

    Well, ya know what? Let’s just re-shuffle the cards. It’s time for a New Deal in this economic poker game!!

    (cough…choke)

    That’s already been tried before. Hint: Franklin Delano Roosevelt.

  • Chuck D.

    Also had the VP of the company I work for come in and tell us that our beef cost has gone up $2.00 a pound and there not running the sales they would normally. Was slow all weekend and for a holiday week that’s not good.

  • mondobeyondo

    Oh yes, tax the rich!!

    That means you, Warren Buffett! And you, Bill Gates! You too, Oprah Winfrey! Mark Zuckerburg! (Facebook founder) Sergei and that other guy who founded Google. Arghhh! The anger from the public, pitchforks in hand!! No, wait. GUNS in hand!!

    Tax ‘em all. And once you’ve taxed them to the max, all of them will be huddled together in a modest middle class house in suburban Detroit, burning their $100 bills in the fireplace to keep warm, hiring bodyguards to protect themselves from an increasingly angry mob.

    (p.s. The Walton family will have already fled to Shanghai, or maybe the beaches of Dubai. So, good luck taxing Wal-Mart!)

    • Gary2

      Pass the employee free choice act to FORCE companies like Wal=mart to pay higher wages. All these low wage crap service jobs do not need to be such lousy low pay jobs. We choose to let them be this bad.

      • mondobeyondo

        Wal-Mart will never pay their workers a decent living wage – not when they can get their products made overseas for cents on the dollar, or maybe dimes on the dollar…

        • Gary2

          They will if their workers strike and there is no one to work their stores. I would bet that after a day or two of many of their stores being closed due to strikes they would quickly agree to a living wage.

          They can hardly outsource their stores.

          • John S

            You haven’t been in a Wal-Mart lately. All self-service check out and 20 less people with a job.

      • DownWithLibs

        Thats a great idea Gary2!!! AND they will have less money to hire other people who need jobs to put food on their tables for their families. Wow, why didn’t I think of that!!!!!!

        You know, I think you would be much happier in Cuba! Everyone there is EQUALLY poor.

  • mondobeyondo

    To paraphrase the words of the late, great Gil Scott-Heron:

    “The revolution will not be televised.
    The revolution will be live.
    It will be presented to you live,
    without commercial interruption.”

  • http://www.planorperish.com/ Gutter Economist

    “The reality is that inflation in 2011 is about as bad as we saw back in the 1970s, it is just that the government is much less honest about it now.”

    And thanks to our dishonest government, people are not getting cost of living pay raises like they did in the 1970s.

  • William

    When you have a nation so full of gullible and uninformed citizens such that they actually believe the official story of the events of 911, it is no wonder WHY we are in this delimma.
    Americans are either too afraid ot too stupid to see the truth. They had rather “text” or watch some idiotic TV show. “Dumbing down” does not even come close. America will fall because now she does not deserve to stand. Any nation that permits the Constitution trashing goons of the TSA to exist will not endure. It is all downhill now. Those who say they do not mind government surveillance because they have nothing to hide are the same fools who keep their head in the sand when the volcano a mile away is erupting.

  • DM

    Recently, Saudi Arabia complained that speculators were responsible for high oil prices. Also, grocers are complaining that speculators are responsible for high food prices.

    Last year, Congress threatened to do something about speculation. Yet nothing was done. This year the same thing is happening again with no action by Congress.

    Once again bad leadership is responsible for problems in this country.

    • http://www.planorperish.com/ Gutter Economist

      But Congress did screw all Americans trying to protect themselves from currency devaluation:

      A closer look indicates the selloff was actually triggered by the Chicago Mercantile Exchange (CME) which owns and operates the Comex in New York. CME raised the minimum margin requirements on silver futures traders… not once, not twice, but an unprecedented three different times in a one week span! The net effect was an increase of nearly 40% in the funds traders must put up to open or maintain a futures contract.

  • HerrLT

    My ‘spider sense’ has ben ringing very clear lately that I’ve got to redouble efforts to prepare. Going to order a two month supply of food on Friday to supplement what I’ve accumulated at the grocery these last couple months.

    I find it curious that everything that is happening; the move toward one currency, one government, the persecutions in Africa, China etc. of Christians was written about in a book I read daily thousands of years ago. :) Relax and enjoy the ride.

  • Bruno

    I am a believer that turth is self evident. There will be no recovery from anarchy. Anarchy is coming unfortunately, and the signs of desperation will appear in 2 years. Pitchforks? Guns? It won’t matter, our government has plans – big plans, that don’t include the middle class or the poor.

  • Gary2

    The middle class has not received their fair productivity pay increases. It has gone into the pockets of the CEO etc, aided and abetted by the congress the rich have purchased. How else could a dolt like Paul Ryan propose taking food from the mouth of hungry children to give tax cuts to the rich???

    When I keep saying to tax the rich hard and spread the wealth I am simply advocating taking back our (working class) money back that they stole from us.

    These are all political decisions and not really economic. Its just that the rich have bought the decision makers (congress) and there is no one left to defend the middle class and the poor. (Maybe a few like Bernie Sanders and a couple of the better Dems like Dennis Kunish/Jan Showkowsky-(I am sure I spelled their last name wrong))

  • Gary2

    Another Great Post Michael-I know this is petty, however, the reduced product quality is true. I recently bought the same mayo I always buy-a national brand everyone would know about, and the taste was not the same. I bought another jar by my work in Milwaukee at a different store and it was the off taste same. The store manager said I was one of many who returned it for a refund.

    I have always found it rather odd that the government simply chooses to not measure certain things when calculation economic indicators like unemployment/inflation etc.

    Heck-If I did not measure my mortgage debt my finances would be looking a whole lot better than they really are. The gov has to know almost everyone thinks their UE/Inflation numbers are bogus and are probably double what they report. I can’t really figure out why there is not more of an outcry about this. Its like everyone knows it but no one (including me) does anything about it.

  • Lisa

    Stock up now folks! This summer is going to be the tipping point in food prices.

    For the love of Pete-If you haven’t already started prepping-Start now!

  • Maria

    Unfortunately, Michael you are right. Inflation is eating up our paychecks. It is necessary, if possible, to stock up and save. Five years ago, nobody in the middle-class cared. Now, frugality and thrift are the growing middle-class trends.

    In the last six months, I have seen a complete attitude adjustment in many of our friends and family. As a result, a resource sharing group has formed amongst us. We share work, ideas and tips on everything from budgeting to gardening. All of us have curtailed the “luxuries” like gym memberships, expensive clothing, latte’s and mochas from those expensive little stops on the way to work, dining at restaurants, first run movies at the theater, and a myriad of other little things.

    Our latest discovery is the world of couponing. Anyone interested in dramatically cutting their household and grocery expenses should take a serious look at TheKrazyCouponLady.com and read their book, Pick Another Checkout Lane, Honey. I never understood how couponing could make a difference until I read this book. Our group now looks at coupons almost as a tax free source of income, because it is saving us hundreds of dollars a month…no exaggeration.

    I admit, I am not as diligent as the others about using coupons, but even with my minimal efforts I saved 60% on my meat purchases last month. That was huge for my family of 6. Our home is out in the country near a rural community, and the only grocery store in town is Safeway. I never shopped there before, because it was too expensive. I drove into the big city once every three months to do our grocery shopping at the “discount” stores. Now, using coupons on sale items, I can shop at the local Safeway and save more money on food and gas. The store employees are very courteous and helpful…far different attitude than our old store. We also discovered, at Safeway we can make bulk orders on sale meat.

    A few of us in our group have small farms, and all agree that costs have spiraled into insanity. Raising our own affordable meat has become increasingly difficult. In addition to coupon shopping, we are transitioning our farms to smaller animal breeds that we can butcher ourselves. Those who do not have farms are contributing by saving their table scraps for the chickens and pigs and helping with the major projects like fencing or farm sitting.

    Gardening is definitely the most rewarding money saving activity. The kids love to help especially with the harvest. They are amazed at how a few seeds can produce hundreds of pounds of produce. Once you get the hang of it, it’s not difficult to raise more than you could possibly consume. Sharing the excess with neighbors is a great way of spreading the “preparing” message and bringing a community closer together. It even goes a long way to mending “broken fences.”

    I see a paradigm shift happening. While the power struggle continues in politics, the struggle for survival is changing our communities…in some ways for the better. As a result, the reemergence of personal sovereignty is expanding into our views of community, statehood and national identity.

  • http://theeconomiccollapse JackieR

    Check out the cans of fruit. When you drain out the fluid, 1/4 of the can is empty.
    Have you noticed how the gov repeats their mantra. ‘No inflation’. If they repeat it enough times people will finally believe it. People want to be led. They dont want to think for themselves.
    Have you noticed how your neighbors keep doing the same things over and over like they are living in Narnia. Instead of the american dream it is the fantasy dream.

  • http://theeconomiccollapse JackieR

    I will believe all those gov layeoffs when I read about them or hear of neighbors getting layed off. The gov workers have been protected by the polititions/taxpayers forever.
    I never hear of gov layeoffs. They need to take some of the burden too.

  • Rev. Reggie Jackson

    But we are supposed to believe that everything that our government says is true. And if you believe this; I have a pink flying elephant to sell you. It will be a great circus act. Our government lies all the time. It is a government that is full of liars and men and women who live on the International Bankers/Illuminati bribes.

    And with our money supply shrinking and people having a very hard time economically; they are still lying and telling us that things are getting better for us. But Satan (whom they serve and represent) is telling us not to believe our lying eyes; and our lying pocket books.

    According to Lindsey Williams who revealed the globalist huge oil hoax 30 plus years ago; they told him that there will be plenty of food on the shelves; but it would be too expensive to buy it. And what they told him a year ago; is being played out before our very eyes.

    And next; for their grand finale; they will force everybody to take their zombie making and mind controlling mark of the beast chip in their foreheads or hands, in the near future. And according to Revelation 13 and 14:9-11, if you take their Mark (chip) you will forever be cursed by God 24/7 for joining Satan and his antichrist beast leader and leaders.

  • Colin

    The policies under Franklin Delano Roosevelt began moving this country to a much greater equality between rich and poor. During Eisenhower’s administration, when the rich were taxed 90%, the GINI Coefficient (a measure of income distribution), the percentage was approximately 37%. Thirty years before, in the 1920’s, before the Great Depression, our nation had a GINI of about 47%. Our GINI was measured at 45% in 2008 and has been increasing since.

    I know that many people dismiss the economic policies of FDR as failures. However, I believe that the above figures and that our country enjoyed its greatest success as an industrial power under FDR and his two immediate successors, is proof that FDR was on the right track.

    As for the present, I don’t believe that there are solutions. If the government is deceitful to itself, how can it be honest to us? Like with people, the first step in solving an issue is being honest with one’s self. Before our solutions can be fixed, our government needs to be honest with itself. I simply don’t see that happening soon.

  • mondobeyondo

    I believe FDR really did try to bring this country out of the Depression, and he was successful, to some extent. However, his alphabet soup of reforms (WPA, CCC, AAA, NRA – that’s National Recovery Act, not National Rifle Association – etc) did more to lift the nation’s morale, than to actually fix the problems that caused the Depression in the first place.

    It wasn’t until World War II when this nation finally got out of its economic doldrums.

    Just my $.77 worth ($.75 taken by inflation)

  • Randome-11

    “What is going to make things even worse is all of the government austerity that is going to be implemented over the next couple of years.”

    Worst, when the shit really hit the fan, the fed governement will start a nation-wide robbery.
    All these efforts on “security” is exactly a preparation for that, above the paranoia, know who have what to steal.
    Look at Argentina, Washington will simply announce that everything average people have put in their banks are now “borrowed by the state for the duration of the crisis”.

  • Gary2

    Let me break this down for you: It’s a fact that a business or service can not exist without customers who can afford their ever increasing prices with ever decreasing wages. Eventually, mathematics will catch up with this doomed to failure system of greed. It’s a mathematical fact that you can not afford more with less.

    Eventually, if these greedy corporations continue their current trend, they will put themselves out of business.

    The rich and corporations that benefit from high unemployment/low wage job situation will eventually loose in the end. Its just a matter of how many innocent people will go down first.

    The oligarchs don’t care if the American middle class is destroyed because they are now interested only in the emerging middle classes in China and India. They don’t need us any more.

    We need to tax the rich hard and corporations (most of which do not pay taxes-GE etc)harder and if they leave we will probably be better for it.

  • McKinley Morganfield

    I’m with those you advise stocking up on essentials. Think of it as a hedge against food inflation. Don’t forget to store water, bleach to purify more water, and basic medical supplies. Preserve your health, especially your dental health. Think about how you will cook food if the utilities in your area are down.

    If you have extra cash after stocking up, pay off any credit card debt you may hold. If you still have extra cash after paying off those dangerous credit cards; watch the silver market. Buy a little physical silver (bars or coins or rounds) each time it dips by $4 or 5 per ounce. I prefer coins and especially rounds because rounds can bought in units of 1, 1/2, 1/4, and 1/10 ounce…. perfect for trading in a dollar collapsed economy. Sure you pay a bit more in premiums compared to buying bars or coins, but you get a form that will be more easily traded when TSHTF. But, IMO make precious metals your last priority. Sustenance comes first, debt second, and then metals.

    Most of you probably already know this, but for those who do not or who know better but have not put together enough supplies to weather a 3 month to 1 year storm, get ready…. stepping off soapbox.

    Sincerely,
    McKinley Morganfield

    • Dave

      Don’t forget the tin foil hats everyone!

  • Kevin

    Think it’s bad now? we have a long way to fall before we sufficiently equalize with the developing world in labor compensation to once again make Americans globally employable. Yep, it’s that global word again that was brought to all of us with the various “Free trade” agreements. Those agreements are blamed on conservatives and the republicans when as guilty as they are the democrats are as equally guilty. China Free Trade which has forced Americans to compete with 50 cent/hr labor or loose their job (and we know the latter happened) was supported by 83% of US Senate Republicans and 80% of US Senate Democrats. It was signed into law by Bill Clinton only because it landed on his desk rather then GH or GW Bush desk.

    Nothing like choices in a republic with democratic principals (of which we are described as). In reality We The People have zero say. Vote for a Democrat or Republican skipper and the ship still goes in the same direction.

    None of this is either and accident or the product of decades of stupidity. It has been well planned and followed through for decades. “We’re living here in Allentown and their closing all the factories down”…..1983 Billy Joel written about policies that started in the mid 1970s onward.

  • VegasBob

    Michael wrote: But don’t worry, according to Ben Bernanke we barely have any inflation at all in 2011.

    Ben ‘Bernokio’ Bernanke is a pathological liar. He wouldn’t recognize inflation if it bit him in his gluteus maximus. Anybody who believes anything Bernokio says deserves what he gets.

    And, Michael, I closely read that editorial drivel from the Wall Street Journal. It double counts a number of taxes and assumes that certain employer-paid taxes would be paid to employees if not paid by employers (a bad assumption for anyone who understands advanced economics). At best, that WSJ editorial claiming a 62% tax rate is misleading. At worst, it is a blatant lie.

    Take a look at IRS statistics, and you’ll find the true rate of taxes paid by the super-wealthy. At the Federal level, it is significantly less than 20%. Even adding in state taxes and payroll taxes, the wealthiest pay only around 30%.

    It is legitimate to question whether 30% is a fair tax rate or not, but it is a blatant lie to claim that anyone in the US pays anywhere near 62%.

  • Sunshine

    Eisenhower said America’s power rested on two pillars;
    actual fighting strength and a flourishing industry and agriculture.

    Also worthy of note in 1956 more than 1/2 the population had reached or were about to reach the status of white collar worker. Eisenhower was a budget conscious president.
    Read the Crucial Decade; America 1945-1960 by Eric F. Goldman for more info.
    You know, if the price of an item is inflated and you don’t like it you have the choice to keep your money and let the product sit there and rot.

  • McKinley Morganfield

    mondobeyondo,

    I agree, FDR experimented but his experiments were mostly dead ends. What he did accomplish was to stave off class warfare, but the other side of the coin was prolonging the depression.

    “It wasn’t until World War II when this nation finally got out of its economic doldrums.”

    Correct. But war this time will be much worse than the darkest days after 11/7/41.

    “Just my $.77 worth ($.75 taken by inflation)”

    Sad, but true. :-(

  • Just Me

    We’re gouing out this week and buying a few hundred pounds of 90% ground beef and canning it in meat sauce and meat balls for chile,pasta, and rice dishes, it looks like the price won’t be going down

  • http://www.pathtoasia.com rhea

    I love when I hear the rich don’t pay their fair share of taxes in this country. They pay taxes with in the rules set forth by our extremely corrupt government. Tax rules created so our corrupt leaders can also avoid paying the same taxes that they demand you and I pay. The rich still pay a majority of the taxes in this country. Why don’t we cut government spending? Then maybe some day if it’s not too late, we can reduce the amount of taxes everyone pays.

    We help Americans find jobs and prosperity in Asia. Visit http://www.pathtoasia.com/jobs/ for details.

  • Kevin

    WWII did not get us out of a depression. When you remove 12 million workers from the workforce and put them in de-facto slavery while rationing staples at home that is not stopping a depression. The aftermath of WWII created an environment ripe for a US economic boom. With an intact industrial base and 90% of the worlds wealth it was a no brainer that the USA would be on top. Unfortunately the bulk of the US body politic actually believed we succeeded because we were special, smarter and harder working. We succeeded because we did not have viable nations to compete with.

    We had a several decade moment in the sun that international interests made sure the clouds would one day end. Our ultra high standard of living was more of an accident of world history end a long term reality.

  • Pollo

    Hey, everybody forgets complain about us: illegal aliens, we are the root of all your problems; remember?.
    The truth is now clear & is different than you guys were thinking, but no problem let goverment keep implementing “security laws” against us,at the end that laws are going to be used against you, many of us are already in our origin country where we have houses made of concrete (not cardboard) paid in full.
    This trend has started & is going to be faster as your dollar falls, who wants to work for you when your dollar is worthless.
    That is better than immigration Police!!
    God bless all of you!

  • laura

    I rem. how bad it was in the 70’s into the 80’s, power bills were real cheap then not over $30. a mo even with A/C, but food and gas basic needs were high. Now retirees today, few get raises, banks pay almost nil. People can’t give as much (if anything) to charities, etc. Teens and adults all need to work to make ends meet. I’m amazed that there are so many restaurants open,
    as people cut back eating out, that’s the first thing people cut back on besides driving.

  • Paul

    Sorry guys, if I had to spend over $369 on gasoline every month, I’d move and walk to the office.
    Currently I don’t spend a single cent on gasoline (but I use bus and train, which costs me about $100). And for cooking we spend about $20 per month on gas.

    There is no point lamenting about inflation in prices and deflation in income.

    Oh, btw. I’m going to cut down my consumption further. We are going on diet. More water, less wine and beer.

    • mondobeyondo

      A nice cold alcoholic beverage sounds great right about now, given the current U.S. and world situation…..

  • mondobeyondo

    @ McKinley Morganfield

    FDR experimented with various ideas as to how to get out of the Mess of the 1930’s, because there had never been a time when the people had been so desperate and searching for solutions. So there was no real blueprint to follow. Push the levers, press the buttons, whatever would work. The WPA (Works Project Admistration, I believe) did work for a while. It built lots of highways, dams, bridges, etc.

    And then the stock market crashed again in late 1937. Not many people know about that, but yes. The market went belly up again, around October of ’37, right in the middle of the “recovery”.

    FDR’s New Deal policies DID NOT end the Great Depression. Things were still tough even in 1939, ten years after the crash. Yes – his policies created some jobs, and greatly improved morale. But not enough to get us out of the quicksand. WWII did that. Really, we had no choice. Either we increase our manufacturing and productivity, or we would die under Nazi tyranny.

    And you are right. We do not have that choice today. It works a little differently in 2011, than it did in 1941.

  • mondobeyondo

    Whoops! Forgot all about the TVA!

    You know – “Tennessee Valley Authority”

    If my history is correct, it was set up by the Roosevelt administration, to build dams and other flood control buildings, to control the floods along the Tennessee River which plagued northern Alabama, Mississippi, and the fertile farm and cropland of Georgia and Tennessee. The TVA was set up to convert the excess water for productive use. Dams, electricity, hydroelectric power.

    Which is all well and fine. Except people tend
    to forget about the variables.
    Y’know, the X factors (no I don’t mean the TV show!!)

    Some of these are, but are not limited to:

    Tornadoes.
    Hurricanes.
    Drought.
    Hailstorms.
    The cost to deliver water to your farmland.
    Heat waves. (Corn plants do not like heat waves).

    Well then, back to the TVA!
    Umm, yeah, lost my train of thought.
    Ugh, hate when that happens!!
    Guess I’ll have to add an addendum or something, such as… hmmm.

    Do you think a project such as Hoover Dam (Arizona/Nevada border) could have been accomplished today? Today, as in May 30th, 2011?

    No.

  • SandyP

    The government has to lie to us in order stay in power. The truth will set you free. But we have to do more than complain.

    Wake up America. It’s time…

    “THE REVOLUTION HAS STARTED”
    Read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

    “Spread the News”

  • justamom

    I just don’t get it.
    HOW can they calculate inflation WITHOUT the price of food and gas????

  • John S

    In my new job, I make dollarwise precisely what I did in 1983. Needless to say prices have risen since then. On the plus side, our manipulated gasoline prices will plummet between now and July. That’s how the government plans to cover up inflation and to deny Social Security recipients COLAs for a third year.

  • cj51

    re: Well, the truth is that the wealthy are already being taxed into oblivion.”

    bologna

    the wealthy corporations and billionaires are sitting on aprox 2 trillion andf they are not creating jobs.

  • dadgad

    Great articles. The Bloggers have proved their superiority to the main stream media. How pathetic has the msm become.
    The bloggers prove how much more capable free people are.

  • http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 Ben Dover (America)

    What can Americans do to fight the New World Order?

    1. Turn off or throw away your T.V.
    2. Think for yourself.
    3. Question all so-called ‘Authority’
    4. Get out, and/or stay out, of debt!
    5. Use cash, trade or barter as much as possible, rather than debit cards and credit cards
    6. Get rid of grocery store ‘discount’ cards –grocery stores provide this information to insurance companies.
    7. Bank at a Credit Union, or any alternative to the ‘TBTF’ Banks, that participated in the 2008 Banker Bailout.
    8. Invest as much as you reasonably can in precious metals – especially silver.
    9. You have the right to own a firearm, to protect yourself,and your family. Read the 2nd Amendment.
    10. Buy products “Made in America”
    11. Start your own garden
    13. Meditate or pray – reduce your stress!
    14. Get exercise!
    15. Read a book (here is an excellent book recommendation: Psychological Warfare and the New World Order:The Secret War Against the American People
    http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 )
    16. Listen to soothing classical, jazz, ambient, or other alternative music
    17. Watch ‘Freedom to Fascism’–a film by Aaron Russo (can be found here: http://www.youtube.com/watch?v=lUpZhhbKUBo)
    18. Watch ‘Why We Fight’–a film by Eugene Jarecki (can be found here: http://www.youtube.com/watch?v…r_embedded)
    19. Watch ‘Endgame’–a film by Alex Jones (can be found here: http://www.youtube.com/watch?v=x-CrNlilZho)
    20. Below is advice from John Perkins’ book, entitled THE SECRET HISTORY OF THE AMERICAN EMPIRE (The Truth About Economic Hit Men,Jackals,And How To Change The World), pp. 322-329.

    “AVOID SHOPPING AS ‘RETAIL THERAPY’ (Instead, jog, meditate, read, or find some other solution).
    SHOP CONSCIOUSLY – if there is something you must have, purchase items whose packaging, ingredients, and methods of production are sustainable and support life.
    MAKE EVERYTHING YOU OWN LAST AS LONG AS POSSIBLE
    PURCHASE AT CONSIGNMENT AND THRIFT STORES –where everything is recycled.
    Write letters telling Monsanto, De Beers, ExxonMobil, Adidas, Ford, GE, Coca-Cola, WALMART, and other labor exploiters and environment destroyers
    why you REFUSE TO PURCHASE FROM THEM.
    CUT BACK ON OIL AND GAS CONSUMPTION!
    DOWNSIZE (your car, home, wardrobe) – everything in your life (and don’t buy what you don’t need)
    SUPPORT/SEND MONEY only to non-profits, radio stations, and other organizations that promote JUST causes.
    VOLUNTEER your time and energy to such organizations.
    SUPPORT LOCAL MERCHANTS
    ENCOURAGE stores to buy from local growers, producers, and suppliers.
    Shop at your LOCAL FARMERS’ MARKET
    AVOID DRINKING WATER THAT IS FLUORIDATED (only your toothpaste should have non-industrial fluoride)
    INSIST that those who use your money – banks, pensions, mutual funds, companies – make socially and environmentally responsible investments.”
    21. Invest in precious metals (especially silver).
    22. Research every company whose products or services you buy
    23. Research every organization to which you donate your hard-earned money
    24. Vote with your dollars!
    25. Watch ‘The Secret of Oz’– a film by William T. Still (can be found here:http://www.youtube.com/watch?v=swkq2E8mswI)
    26. Get prepared for when the U.S. dollar TOTALLY COLLAPSES – You’ll need 1) Water, 2) Food, 3) Vital Medicine 4) First Aid Kit, etc.
    27. Global, non-violent, NON-COMPLIANCE is the answer, of We the Plebs, to the ‘elite’ New World Order!
    28. Find alternatives to EVERYTHING that they’ve set up, to entrap you in THEIR system.
    29. What would happen if 200 MILLION AMERICANS refused to pay their taxes, in 2012? (Just a hypothetical question)
    30. Familiarize yourself with the concept of BOYCOTT
    31. Corporate Membership in the CFR (Council on Foreign Relations):
    http://www.cfr.org/about/corporate/roster.html
    32. Don’t ever join a ‘secret’ society
    33. Watch ‘Global Warming or Global Governance’ (http://www.youtube.com/watch?v=_u81qXOYfKg )
    34. Educate yourself. Thomas Jefferson: “If a nation expects to be ignorant & free, in a state of civilisation, it expects what never was & never will be.”

    Expand the above list,and share it with everyone you know!

Ready Made Resources
Shocking Forecast
Thrive Life
FEMA Hates This

Austin Coins
High Blood Pressure?
FINCA BAYANO
Survive After Collapse

Silver.com

Camping Survival
GunMagWarehouse.com
SFC_The-Video-They-Tried-To-Ban_125
Print Friendly and PDF
Facebook Twitter More...