Tuesday, December 4, 2012

Greg’s Newsletter 12/3/2012

Folks, something is going on in the gold market, record sales in the last month. With the government doing their same old thing of political sound bites and party posturing, people are getting uneasy with the way things are going:

Mark my words, they will increase taxes but won’t truly curtail spending. That’s their history and even with the dire economic issues facing our nation, I don’t believe they really know how to fix it. Between what really needs to be done and their economic and political influences pushing them in the direction they want over the nation’s best interest, they do not have the political will to do what needs to be done to bring our nation back to the economic super power it once was.

Realists know that the government cannot continue down this path of spend, spend, spend and increase taxes to continue to spend because we all know that when the government gets increased revenue, they will continue to spend and not address the T-Rex in the room, the debt and the out of control spending of the government. Sure they want to cut spending but not in their own districts or responsibilities but one day folks, they will have too and if they don’t start cutting spending aggressively it is going to be uglier than anyone can imagine.

We can see the results of continual debt and austerity in Greece and Spain but realize too that while they get their bailouts from the international banking system, that system tightens the economic noose around those countries. In the end result they control those nations’ economies, infrastructures, natural resources, and worst of all the people’s lives. For when they control the nation’s wealth, they control everything.

It’s coming here to the good ole’ USA and it has already begun with the debt and the influences the international banking system and international industrialists have in Washington. The government and its influences are where they want it to be, without their influences, our once great free enterprise system is almost totally dependent on the Federal Government spending to survive. It was never intended to be this way, it was intended for the free enterprise system to run on individual efforts to succeed, not government directing and financing it.

Greg Goodwin

No comments: