WARNING!!!! The Zombulater WILL GET YOU!!!!!
May 31, 2009
– Comments (4)
Zombulation is the point where you spend down all of your savings and tap out your credit or when the government taxes you 100% of your income and net worth....in either case you are totally out of money.
The Zombulator is what spreads the FU Virus causing zombulation across the nation.
At this point we are getting much closer to the day where President Obama is going to be forced to cut off tens MILLIONS of Americans from government payments or double to triple every single American who can pay income and asset taxes.
The nation is shutting down simply because OVER 100% of every dime coming to government is going to pay interest and entitlements...that is what the previous administration left our current President. That is right....on the day President Obama took office.....OVER 100% of the dwindling tax dollars was going simply to pay interest that doubled over the previous eight years and entitlements.....so even if we cut out our military completely and ended foreign aid, we would still be running massive deficits.
The virus is at pandemic stage, now there is no area immune from the FU virus...it has decimated housing, commercial real estate, construction, autos, and finance.....and rapidly spreading into Technology, Health Care, and Government.
Whatever the sector you work, whatever your job, whatever your net worth.....you are not immune from contracting the virus.
“There isn’t anybody who isn’t laying off,” he said, then draws a long breath before reciting this list: “Microsoft, Intel, Hewlett Packard, Sun, Yahoo, Apple, Google.” He pauses a moment to consider that. “Google. When Google is laying off you know something is going very wrong.”
Social workers and volunteers trying to house, feed and clothe the area’s newly devastated residents recognize that the economic disaster has arrived.
“It’s alarming us to no end,” said David Ujita, a director at the nonprofit service center West Valley Community Services Inc. in Cupertino, Calif. He said they’ve seen a 27 percent increase in first-time food pantry visitors since the fall.
“Folks believe because we’re in the Silicon Valley with million-dollar homes and billion-dollar businesses, hunger and homelessness don’t exist. But in fact it’s getting much worse, and it’s just really frightening,” he said.
http://sentinelsource.com/articles/2009/05/30/business/news/free/id_357426.txt
ALSTRY TOLD YOU IT IS GETTING MUCH WORSE AND ALSTRYNOMICS FORECASTED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
We Americans collectively borrowed about $30 Trillion dollars in the last ten years...basically our economy was driven by people spending money they didn't have......now we must pay that money back but the only problem is we don't have it...it gone forever. We simply don't have the money to live the lifestyle we got accustomed to living.
And few want to admit it.......not only that, even if we took every dime of every American to try to pay back the debt....it ain't enough. At this point the game is over because we are getting cut off from borrowing anymore. Go out and try finding someone to lend to keep the Ponzi scheme going....AVAILABLE LENDING IS DRYING UP AS FEWER AND FEWER ARE QUALIFIED TO BORROW.
Getting a mortgage is becoming more challenging, credit cards being revoked and lines cut, auto loans become more and more restrictive, commercial real estate loans practically extinct...and now foreign governments shying away from financing our debt.
Don't Fear the Zombulator...as it simply transfers your assets to the banks and government.....in the end, the banks or government will take what you have but at least you know Alstry warned you it was coming.....
My only counsel...prepare for that day.
