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alstry (< 20)

Why The Gardner Brothers Are No Longer Fools



January 18, 2011 – Comments (5)

Because their world is dying and we are beginning the Udder World


In America, the average American family spends 70-80% of their entire income on TAXES, INTEREST, AND INSURANCE


In developing countries, families can spend upwards of 70-80% of their income just on food and water.

Our economy, and our jobs, are not structured for high food and fuel costs.  As food and fuel prices rise due to domestic and international inflation, the ability for Americans to spend and consume in the areas where most of us are employed evaporates.

We are now seeing the inflation genie flying out of the bottle, as more and more can afford less and less.  We already have about 50,000,000 receiving food subsidies in spending concentrates into food and fuel.....expect that number to continue to grow.

We are seeing dollars shift from healthcare to food and a result, we are experience massive layoffs at hospitals around the country.  We are also seeing similar trends at retailers around the nation.....and at cable companies, and cell phone providers.....and declining tax receipts despite massive government deficits......

It is not the end of the world....simply the end of a world as you knew it and the beginning of the  ......and soon the Gardner Brothers will realize it Alstry has become the Fool to the Brothers.

5 Comments – Post Your Own

#1) On January 18, 2011 at 1:31 PM, alasker (< 20) wrote:

The world is pretty amazing. I remember studying in sweden and most people had a couple nice casual outfits that they wore- but nothing like the closets full of cloths americans have. Or even in 3rd world countries where I have traveled- people may have cell phones but there are not nearly as many new cars and things.

Alstry- do you think there is a large enough middle class in the rest of the world to pick up the consumption slack if US consumption slows down? I just got my heating bill- almost wanted to cry. Between that, property taxes, income taxes, gas taxes... how can anyone support a mortgage or a family anymore? I can see why so many people who get their NY pensions leave to less taxed states while I pay for their retirement.

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#2) On January 18, 2011 at 2:54 PM, alstry (< 20) wrote:

Rising Gas Prices Bring Spending Trade-Offs

It appears the media is catching on....

As food and fuel prices keep rising.....millions of Americans are being forced to make tough choices:

Do I pay rent or buy food?

Do I go to the hospital or buy gas?

Do I get insurance.....or pay taxes?

And the numbers are increasing everyday and fewer and fewer can afford to pay for much more than food and fuel.....

Just pay attention to the massive layoffs coming ahead in health care and government as revenues evaporate.

Update: The William W. Backus Hospital - 15 LPN

Texas Dire Fiscal Situation May Lead to Thousands of Layoffs

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#3) On January 18, 2011 at 3:06 PM, alstry (< 20) wrote:

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#4) On January 18, 2011 at 3:16 PM, wolfhounds (64.14) wrote:

I remember throughtout the recession and after the market came back you're gloom and doom, end of the world shuddering continuing. Yes indeed, in some areas of the country, south Florida for sure, more families are foreclosed and are homeless. But now communities are responding by providing emegency shelter and food. Things are bad and americans respond. Gee Alstry, have you ever been out of your bomb shelter or are you, as I have always suspected, 13 years old.

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#5) On January 18, 2011 at 3:43 PM, alstry (< 20) wrote:

It is not doom and is simply the end of a system of borrow and spend to drive a consumer economy.

Those communities that you say are providing emergency services are borrowing to provide such services.  It is just the facts....and as an attorney and analyst, that is what I focus on.

The only reason we "got out" of the recession is we borrowed OVER $6 Trillion dollars in the past couple years.  We borrowed more money in the past few years then we did in the first 200 of our nation.

It appears the Gardner Bros, and others must believe that we can keep doing this....just like homeowners did between 2002 and 2007.  It is crazy, many Americans simply don't critically think anymore....especially the Gardner Bros.

But this may explain it. that we are printing and consuming without producing much...the cost of food and fuel is skyrocketing around the world......

And you know the rest of the story in Algeria, Bangledash, Chile, Tunisia, Oman, Jordan, Egypt, England, Greece, Spain, Italy, France, Portugal, etc....

And the crazy part is we are just beginning.....

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