Obamunism! What Has Happened to the Dollar?

Read the chart, and weep:

 

If you look back to 2009, you can see that the dollar was worth about 1.15 Swiss Francs…now it is worth about 0.84 Swiss Francs.  This is what happens to your money when your government goes massively in to debt and prints up bags of money…the value of the money goes down.

This really needs to be driven home – the Obama/Bernanke economic polices have amounted to the stealing of our money.  Those dollars you carefully saved in 2009 for a rainy day?  They are now worth less than they were in 2009…think of it like putting a dollar in the piggy bank on January 1st, 2009 and then checking piggy today and finding about 90 cents in there.  What happened to your dime?  Well it, and a dime out of all your dollars, was taken way…and given to banksters and well-connected, Democrat special interests.  And this didn’t happen just to your dollars, but to everyone’s.  This is the most massive heist in human history…and it was carried out right under our noses by men who claimed they were doing it for our own good.

This is why you’re paying more for a gallon of gas and for a loaf of bread – it isn’t that gasoline and bread have actually gone up in price, but that the value of your dollar has gone down…and gown down at a time when almost all of us are earning either just the same number of dollars as before, or even less for those who lost their jobs and/or were forced to take a pay cut.  Remember it, remember it, remember it:  in order that Bernanke’s bankster buddies and Obama’s union cash cows could be protected you had your money stolen from you.

It is, indeed, time for a change – the Ruling Class is robbing us blind, selling us out to foreigners and working not just to deprive us of our rights, but of our own country.  Fight hard and never give up – remember what sort of people we’re dealing with and use it to steel your heart to ever greater efforts in 2012.  We must get rid of these people if we want to save our nation.

 

37 thoughts on “Obamunism! What Has Happened to the Dollar?

  1. neocon1 July 7, 2011 / 5:46 am

    Obamunism! What Has Happened to the Dollar?

    $14.5 TRILLION =( $14.5 THOUSAND BILLION) on credit cards,
    $1.5 TRILLION = ($1.5 THOUSAND BILLION) a year on TOP of the $14.5 for the next ten years.

    and we asked what happened??
    WTF X29.5 TRILLION

    -If you had gone into business on the day JESUS was born, and your business lost a million dollars a day, day in and day out, 365 days a year, it would have taken you until October 2737 to lose just ONE trillion dollars.

    -It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

    -In $1 bills stacked would measure 67,866 miles, stretching approximately 2.72 times around the Earth’s equator.

  2. retiredspook89 July 7, 2011 / 7:13 am

    This is why you’re paying more for a gallon of gas and for a loaf of bread – it isn’t that gasoline and bread have actually gone up in price, but that the value of your dollar has gone down…and gown down at a time when almost all of us are earning either just the same number of dollars as before, or even less for those who lost their jobs and/or were forced to take a pay cut.

    As much as the ruling class likes to talk about taxing the rich; THEY ARE THE RICH. The “RICH” don’t have enough money collectively to run the government for more than a year. The top 1% makes about enough annually to pay the current deficit. The real money is in the massive numbers of ordinary people, and inflating away the value of the dollar is nothing more than a devious way to tax all the “little people” who, otherwise, wouldn’t pay any taxes. Remember back in January, when they were debating extending the Bush tax cuts. The numbers being bandied about if they didn’t raise taxes were about $700 billion from just the top 2% and $2.5 trillion from everyone else.

  3. neocon1 July 7, 2011 / 7:41 am

    OT

    what happened?
    now that every poster has to provide an active E mail they all cant list media matters or the pitchfork?
    Ha !!

    • neocon1 July 7, 2011 / 7:41 am

      ALL = TROLLS

  4. js July 7, 2011 / 8:56 am

    meanwhile…white house staff gets huge raises…most of them are above, if not double or triple…the nations average income…

    get that…go home with a raise…of $80k dollars….thats crazy….

  5. thomas July 7, 2011 / 10:20 am

    Mark,

    the argument that inflation exists is assanine. Inflation has existed in our nation for a long long time, way befor this President became President.

    let me give you a hint there old timer, in 2002 a carton of milk cost less than it did in 2009. In 2002, gasoline costs less than it did in 2009. Its called inflation.

    You act as if inflation is a new phenomenon and that it never existed before 2009.

    Let’s stop the talking points and start the factual posts.

    • Mark Noonan July 7, 2011 / 10:37 am

      thomas,

      You’re right about that – inflation has existed in the United States since 1913, when the Federal Reserve was created…but there has been a crash in the value of the dollar since Obama took office; a deliberate reduction in the value of middle class money in order to provide funds for banksters and bailed out, union-controlled corporation. You can ignore it if you like, but the facts are there for all to see. For you it will be interesting – the EU has been and will continue to print up bags of money in their absurd efforts to bail out the PIIGS…wonder what will happen in Germany when inflation starts to bite…

      • Amazona July 7, 2011 / 11:57 am

        tommy, there will never be “talking” to people like me until people like you turn loose of your hatreds and bigotries and find the backbone to look at facts instead of wallowing in negative emotion and hostility.

        I’m not sure I would call myself “smug”—actually, there is a lot of humility in my attitude, which is pretty much one of gratitude for not being the slave of irrational emotion.

        And as I know for a fact that I know a whole lot more than you do, I don’t think “ignorant” is the right word to use, either. You might seem marginally less ignorant if you would stop using the word “ignorant” to describe people who are smarter and know more than you do.

      • thomas July 7, 2011 / 12:04 pm

        amy

        HAHHA! you’re the epitome of what is wrong with political discource in this nation.

        uneducated, uninformed, full of conspiracy theories, completely unhinged and then you claim to be RATIONAL and SMART? Wow! could you be any more blind and stupid?

        There is no talking to you for the simple reason that you’re dishonest and ignorant. you have no idea about reality and you talk in this tone that reeks of smugness and hypocracy. No thanks.

        The funny thing is, you have this image of yourself as the purveyor of all things conservative and holy. The truth is…you’re a farmer in wyoming where there is NOTHING.

        You claim to have been a liberal, and show a disdain for emotion (which is a female attribute generally speaking) and yet you claim to be a woman without emotion! imagine that! a hardened woman who looks like a man, talks like a man, acts like a man and I bet you even have hair like a man.

        Like I said. No thanks. there is no talking issues with you, you’re not interested in talking issues, only diverting.

    • Amazona July 7, 2011 / 10:44 am

      thomas, what the heck are you blathering on about? First you say that “the argument that inflation exists is assanine (sic)..” And then you go for the DUH! of The Month award by pointing out that inflation “…has existed in our nation for along, long, time…”

      Take a breath, take a pill, and when you have pulled yourself together and gotten your panties unwadded go back and find a single comment that inflation began with Obama.

      Sure, you can sling your ageist snotnuggets, but all you do is illustrate that you season your ignorance with bigotry. What a doofus!

      You whine: “You act as if inflation is a new phenomenon and that it never existed before 2009. ” No, let me correct that. You do not just WHINE, you LIE.

      Ever hear of Jimmy Carter? Or was he before your time and too much trouble to learn about? But surely you have seen comments about him and his disasterous economic policies, which drove the nation into double-digit inflation. Hint: This was before 2009, and we have made many many references to him and the mess he and his administration created. Whassa matta? Too complicated for you to follow? Too many words? Too many facts?

      BTW, when he has been mentioned here lately it has been to compare him to Barry, and to comment that Barry’s policies might just nudge Jimmah down to second-worst president in American history.

      Do try to keep up.

      • thomas July 7, 2011 / 10:50 am

        Amy,

        you once again astound with your smugness and ignorance. There is no “talking” to someone like you.

        Mark, inflation is a fact of life. There will always be inflation in any country. It’s disingenous to state that inflation has increased under Obama when the numbers show otherwise.

    • Amazona July 7, 2011 / 5:25 pm

      Oh, tommy, how you do go on!

      But thanks for proving my points for me. Nicely done.

      Too bad none of your hysterical little screed had anything to do with anything I said, but then as I keep pointing out, your relationship with reality is fleeting at best, and clearly not important to you.

      I notice that you are dodging my questions about addressing real politics. Gee, what a surprise!

  6. Cluster July 7, 2011 / 1:45 pm

    Thomas,

    The existence of inflation throughout history is not the point. It’s the valuation of the dollar, which is now less than Canada’s, I think for the first time ever. So please, try and stay on point. As far as your irrational outbursts towards Amazona, I can only say that that is the exact behavior exemplified by most liberals, and the main reason why conservatives have grown tired of the these childish antics, and are not all willing to be bi partisan anymore. If conservatives take the WH and the Senate in 2012, your opinions will matter not.

    • thomas July 7, 2011 / 1:51 pm

      Cluster,

      the value of any currency against the dollar is irrelevant because we have a RESERVE currency. You don’t get that do you?

      We give china PAPER for goods. that paper, if you accumulate trillions of it like China and Saudi Arabia have, is not worth anything.

      That’s why inflation doesn’t matter, because no matter what, we can always use our dollar throughout the world for goods.

      Besides, inflation hasn’t hit the highs it was predicted to hit by the doom and gloom police. That’s Mark and Spook.

      As far as Amazona goes…have you noticed that she constantly diverges the conversation toward personal attacks, or toward anecdotal bs she spouts. doesn’t it bother you she is so smug and acts superior to everyone and then preaches equality? I mean, she even has been accused of stalking. that’s just plain creepy.

      Lastly, you won’t win the white house or the Senate in 2012. Have you looked at the field of GOP candidates? you think a field with Cain and Newt in it is even close to having a chance to win? you think Backman is mainstream enough to win over voters in Maryland and Ohio and Massachusetts in the general election? We saw how O’donnell did in the generals, Bachmann is the same.

      and for the record, when the dems keep the senate, gain some seats in the house, and keep the white house…you conservatives will have a hissy fit and will be tossed aside in the dustbin of history.

    • Canuckguy July 7, 2011 / 1:58 pm

      @Cluster:
      “It’s the valuation of the dollar, which is now less than Canada’s, I think for the first time ever.”

      Oh the horror. heh. BTW, I do recall, a long time ago, the early 60’s, the canuck dollar was a few pennies more than the US$. But I nitpick.

  7. Cluster July 7, 2011 / 2:07 pm

    We give china PAPER for goods. that paper, if you accumulate trillions of it like China and Saudi Arabia have, is not worth anything. – thomas

    wow. That PAPER, thomas, IS worth something. Mainly our reputation as the dominant financial leader in the world, which Obama is quickly eschewing. We can not have yours, and Obama’s, attitude that we can just print our way out of trouble, that is not smart, nor is it practical. In fact, there has been some discussion that the dollar may no longer be the worlds currency, which is not a good thing. If we follow your advise, that would surely happen.

    In re: to Amazona, I find it ironic that you accuse her of the very same things you do, but more importantly, she does not exhibit any of the foul behavior you accuse her of. Where you sense smugness, I see confidence, and that’s what probably bothers you – a confident, self made, conservative woman. Lord knows Bachmann scares the hell out of you.

    I also think you completely underestimate the mood of the electorate. 2012 will be 1980 all over again, and Obama, just like Carter, will be waving goodbye from Marine One, on 1/20/13.

    • thomas July 7, 2011 / 2:39 pm

      Cluster,

      again you fail to see the big picture. That paper has some value assigned to it.

      Tell me, when do you think we will ever pay back the chinese everything we owe them and the interest on it? 50 years? 100 years? the answer is for all intents and purposes, never. They know it, we know it. They simply rely on the interest, and nothing else.

      Also, we maintain our dollar as the world currency not solely due to our economic dominance, but due to our military dominance. You seem to forget we are the preeminent world military power. we have 700 military bases, and about 500k soldiers stationed around the world.

      In other words, its our world, and they are just living in it.

      WIth regards to the election. You seem to misunderstand the mood. There is no reagan, there is no solid conservative ideal that is being presented, the electorate has a vastly different demographic than in 1980, and quite simply, Obama will win easily.

      Finally, Amy is not confident, nor is she anything other than a farmer who thinks the world of herself, when in reality she is a nobody. Bachmann would delight me as the candidate of the GOP. she is a Palin jr, and a O’donnell with more experience. In short, unelectable. Maybe you should listen to your ideologues like Krauthammer who actaully have reality in their sights, and not simply delusions of granduer by the GOP.

      • Cluster July 7, 2011 / 2:54 pm

        They simply rely on the interest, and nothing else. – thomas

        You’re contradicting yourself again thomas. What do you suppose those interest payments are based on? Nothing? That would mean that PAPER has value, wouldn’t it, and is costing us dearly. Do try and pay attention, ok?

        As far as 2012 goes, think November 2010.

      • thomas July 7, 2011 / 3:00 pm

        Cluster,

        the point was that we will NEVER pay back the principal. ONLY the interest. we can rack up as much debt as we want because the bond markets are letting us borrow at low rates.

        And you think the turnout in the midterms will be the same as the presidential elections? really? It’s never been the same in the history of our nation, and you think it will now? You think minorities, young people and others who didn’t vote in the midterm will not vote now? and this is because…..???

        Historically, general elections have much higher turnout than midterms. These midterms, if you look at the turnout, and the demographics were ALL in favor of the GOP because it was a typical midterm election cycle for the party out of power.

        You have no leg to stand on.

      • tiredoflibbs July 7, 2011 / 5:30 pm

        tommy-boy states: “We give china PAPER for goods. that paper, if you accumulate trillions of it like China and Saudi Arabia have, is not worth anything.”

        Then tommy-boy backtracks: “That paper has some value assigned to it.”

        Tommy-boy doesn’t know what he is talking about. His argument and failed reasoning changes from post to post.

        “the point was that we will NEVER pay back the principal. ONLY the interest. ”

        Wow, tommy-boy what happens when this country cannot pay the interest that is a result of ever increasing principal?

        Oh, that’s right that won’t happen (maybe not in our lifetime) because you say so……

  8. Canuckguy July 7, 2011 / 2:14 pm

    @Mark:
    I think the problem is much bigger than inflation. Most of the 20th Century was America’s time in the sun. Now due to the destruction of a large part of your manufacturing base, unemployment is high, personal debt spinning out of control, hugely expensive wars for the last decade, deficit growing alarmingly, it is a case that ‘every dog has it’s day’ and unfortunately I believe the USA best days are behind it. Nobody can accuse me of being anti-American, if anything I am strongly pro-American, I grew up admiring the USA, happy that Canada shared a border with you, we benefited from a healthy USA so I am alarmed by the mess things are in because just as we rode your coattails to happy times, we face being sucked down as the USA spirals downwards. I am pessimistic about the long term future as I see your politicians of all stripes have no answers that make sense. The tide of history is relentless. Great Britian was #1 for a long while and was displaced from that position by the USA. Your grip on #1 is slipping, sad to say.

    • Mark Noonan July 7, 2011 / 8:10 pm

      Canuck,

      That is why I think that 2012 will be so crucial – a decision to re-elect Obama will be a deliberate choice on the part of the American people to decline. It will be a choice of welfare over work, timidity over courage, bankruptcy over sound finances. If the majority of my fellow Americans choose that, then that is the way it will be – in later years conservative/libertarian victory may temporarily check the decline, but the path will be set…because if the current state of affairs does not sufficiently expose to the American people the fatal flaws of liberalism, crony-capitalism and big government, then nothing will.

      But you’d better hope we choose otherwise – from the bottom of your Canadian, socialized-medicine heart, you’d better hope and pray for conservative/libertarian victory. This is because the decline of America does not mean our displacement by another hyper-power, whether well- or ill-disposed. It means a descent in to chaos and barbarism. Dying Europe will not and cannot take over where we leave off…neither can dying Russia or dying China (dying? Yes, dying – as in they aren’t having enough children to replace themselves; they are dying off). India and Brazil might make a stab at it, but they are at least a century away, each of them, from having the wealth required to stem the barbarian flood…and both nations are riven by faction and may, indeed, not be long survive the dislocations of the next 40 years if the United States lays down the imperial burden.

      The best case scenario following US decline is what happened in Europe with the end of Catholic unity and the decline of the Holy Roman Empire: chaos and warfare lasting for centuries and leading, in the end, to the merest of armed truces which wound up in two world wars. The worst case scenario is a post Roman Empire world which in undergoes actual retrogression in population, wealth and intellectual capacity. The reason you should worry about this is that Canada is like a fat sheep – rich by grace of a long peace, inherently unable to defend itself and only protected by the sheep dog, now growing weary. If we choose to decline, then we choose to take you with us (and Australia and New Zealand, too…all those bits of the former British Empire which can only live as long as the Imperial arm defends them).

      So, donate to the GOP and pray for our victory – the fate of your nation depends on it. And, in the end, I think we will choose correctly in 2012…and then go on to astound the world with how rapidly our absolute predominance is re-demonstrated.

      • MontyBurns July 8, 2011 / 2:08 am

        Wow, with that much hand-wringing, it’s surprising you have anything other than stumps left on your wrists.

  9. Edward July 7, 2011 / 2:27 pm

    Bachmann… oh god, don’t even bring her up. Sure she scares me, look:
    “I want people in Minnesota armed and dangerous on this issue of the energy tax because we need to fight back.” – Just… wow.
    “If we took away the minimum wage… we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level.”
    Really. What a great idea. That’s basically pretending there’s no unemployment. $0.01 an hour is much worse than government unemployment benefits. And it’s basically falsifying statistics. Do we want to be more like China? A communist country? Which you Republicans are so scared of?

    • Cluster July 7, 2011 / 2:57 pm

      Admitting that Bachmann scares you is all you had to say Edward. A self made, intelligent, family oriented, God fearing woman who has experience in the private sector, and as a tax lawyer, is more than you could handle, that is for sure.

      • thomas July 7, 2011 / 3:02 pm

        hahahaha..you’re hilarious if you think she has ANY chance at winning in the general election!

        seriously, all those qualities you mentioned don’t mean anything when it gets to elections run on a national scale.

        She will have trouble winning more than 15 states nationwide.

  10. Cluster July 7, 2011 / 3:14 pm

    Thomas, again far it be of me to criticize the self proclaimed most intelligent person on this blog, which was by the way hilarious, but your lecturing, and condescension is very reminiscent of Obama, and the manner in which he speaks to people, which is, for your information, not taken very well by the vast majority of hard working Americans. And that may be one of the big reasons why he will lose. Obama is after all the least experienced man in any room, and I assume you are as well.

    • thomas July 7, 2011 / 3:23 pm

      Cluster,

      Democrats are more hardworking than COnservatives. Most minorities, poor people, disenfranchised and middle class people are hard working and democrat.

      Republicans have a monopoly on corporate interests and right wing race baiting tactics.

      • neocon1 July 7, 2011 / 6:57 pm

        liltommygasnag

        Democrats are more hardworking than COnservatives. Most minorities, poor people, disenfranchised and middle class people are hard working and democrat.

        Bwaaaaaaaaaaaa ha ha ha ha

        wanna bet what party those 48% who pay no federal taxes are from tommie?
        wanna bet what party those who suck HUNDREDS of BILLIONS of OPM through handouts are from tommie?
        wanna bet what party 98% of US prisoners are from tommie?
        wanna bet what party 99% of union slugs are from tommie?
        wanna bet what party 99% of illegal aliens line up for tommie?
        wanna bet what party lines up with the KKK and communist party USA tommie?
        wanna bet what party 99% of abortionists belong to tommie?
        wanna bet what party 99% sodomites belong to tommie?
        you are correct the democRAT party, an evil racist, rage, hate, filled collection of thieves, perverts, liars, homos.

  11. Cluster July 7, 2011 / 3:17 pm

    we can rack up as much debt as we want because the bond markets are letting us borrow at low rates. – thomas

    Everyone just needs to let this comment soak in for awhile. This is the level of financial intelligence liberals possess.

    • thomas July 7, 2011 / 3:22 pm

      unlike you. I know that when bond markets let you borrow at a low rate, it means they have FAITH and CONFIDENCE in your ability to honor and pay the debt.

      Unlike you, I know that bond markets are the best indicators of impending doom and inflation, and the fact that we can still borrow at such low rates should tell anyone who has an ounce of intelligence that it’s ok. Except for talking points cluster.

      • Mark Noonan July 7, 2011 / 8:17 pm

        Thomas,

        There comes a time when the purchases of bonds start to do simple sums and realize that your ability to repay is become less and less…which is why, for instance, Greek bonds have skyrocketed in price. Right now, no problem – even though our debt burden is high and causing problem, there is no reason to think that with our current level of debt that we will not be able to repay. But what happens when our nation debt grows to $15 trillion? $16 trillion? $17 trillion? Then you’ll start seeing the world wanting to charge us more and more…and this will actually come much quicker than most people think because we have been taking advantage of the very low interest we’re paying on short term bonds (in fact, at some points over the past couple years I understand that the US bond rate worked out to people paying us for the privilege of loaning us money)…but those bonds will have to start being rolled over soon, and if we don’t have a clear plan to balance our budget in place, then debt we were paying 1% on will go to 2%…then 3%….then 4%…etc, etc, etc…we’ll snowball to default if we don’t get our debt in order.

  12. Amazona July 7, 2011 / 5:31 pm

    cluster, you quite teasing poor little tommy, now. You know you are not supposed to make fun of the kids on the short bus, much less lead them into even more blatant illustations of their inadequacies.

    Every word he manages to pound out of his keyboard just reinforces the perception that he is profoundly stupid. But hey, don’t judge him just on that. He is also vicious.

    Or would like to be vicious, but can’t manage anything more manly than peevish.

    And does hahahahaha and “farmer” remind you of anyone? Could our sassy little impotent wannabe be reincarnated?

    • Cluster July 7, 2011 / 6:06 pm

      thomas is definitely a retread – the former erik is my guess, or possibly slccr. Did you notice his earlier comment where he said that this is America’s world, everyone just lives in it? That’s a hell of a statement coming from someone who endorses a movement that just two years ago railed against American Imperialism. His snide, snotty and condescending remarks are also typical liberal and what Obama does nearly everyday – and somehow they think that will win over voters.

      • neocon1 July 7, 2011 / 6:47 pm

        edwardscissorhands

        go hide under the bed with the rest of the pussycats…Boo Bachmann

      • neocon1 July 7, 2011 / 7:02 pm

        cluster
        thomas is definitely a retread – the former erik is my guess, or possibly slccr.

        all the above, add a forker for good measure.
        for a minute I thought you said retard…..both work.

      • Amazona July 7, 2011 / 8:28 pm

        I was thinking mza330, who may have also been erik. Remember the impotent little twit who posted online pleading for help on how to get a skank back into his bed after he was so bad she walked out on him and humiliated him with his “best friend”?

        He had contempt for what he insisted on calling “farmers”, he postured as having knowledge of bonds, he was fond of saying hahahahaha, and he was as dumb as dirt. He claimed to be Norwegian but was really Iranian and loathed the United States,

        But when you think of it, all the trolls are pretty much interchangeable. Not one of them has a coherent political philosophy, not one of them has the slightest clue as to the reality of the system they support through their attacks on what they foolishly and wrongly think is conservatism, not one of them even CARES about learning about and choosing a governing model for the nation. Every one of them is a surly resentful loser who just needs to vent his or her negativity and vitriol and thinks that pretending that the spewing of hate and nastiness is not a sign of mental illness if he or she can pretend it is in the name of politics.

Comments are closed.