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alstry (36.32)

Houston We Have A BIG Problem

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April 05, 2011 – Comments (3)

Social Security, government salaries and other government entitlement payments have a cost of living adjustment clause built in......

Inflation running just 5% would force an increase in payments of OVER $100 Billion dollars. 

WE ALL KNOW PRICES ARE RISING MUCH FASTER THAN 5%......

And politicians can't even agree on a $30-$60 billion dollar budget cut?

What do we do America...keep printing more and more and more until money is worthless.....or totally restructure the system while we can.......or can we anymore as oil hits record highs.....

3 Comments – Post Your Own

#1) On April 05, 2011 at 3:20 PM, mtf00l (50.15) wrote:

Well done again!  No udder reference!!!

No restructure on the horizon, only QE3, 4 and 5.

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#2) On April 05, 2011 at 3:29 PM, lquadland10 (< 20) wrote:

No problem. Cramer just came out with a 3 to 5 years before the IMF come in and takes the usa over and runs our gov. So the Fed will just lie and say inflation is only 2%. May will have fun when Soros and labor unions do the flotilla to Iseral and a national don't pay your morgage extravaganza. Not to mention Japan Middle East and what not. Oh if intrest rates go up then we just pay more to the FED. Then what happens to arm's? Homeowners rates go up. The other IMF's will raise intrestss rates and thus the dollar goes lower just like Soros wants. Isn't this NWO just wonderful? Oh and Rothschild just came out and said he was worried and people with Pensions and 401K's will really be hurting. He is in bonds gold and oil no longer in the banking bussiness. Raising eyebrows. Oh they are bringing out the big guns now with his hedge fund. QE3 is on it's way.

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#3) On April 12, 2011 at 3:04 PM, SilverDoctors (< 20) wrote:

Inflation confined to Energy and Food? Import and Export price data for the month of March
2.7 percent increase in import prices month over month, year over year an eye-popping 9.7%10.5% rise in prices of petroleum imports seen as the cause, excluding petroleum, import prices rose 0.3%1.5 percent increase in export prices month over month, year over year at 9.5%

Bloomberg reports, "Inflation in today's report is definitely hot but it's confined to energy and food."  Here at SilverDoctors.com we wonder why the media keeps diminishing the impact of higher energy and food. How crazy must you be to not realize this will eventually (if it hasn't already) impact overall costs of everything?

 

Buy gold. Buy Silver!!!

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