Monday, November 12, 2012

Mogambo Time!

November 12, 2012

Mogambo Guru


                                                Getting it good and hard



The elections being over, I shall not unduly comment on the reelection of the horrid Obama, or the un-professional, traitorous hacks of the leftist media that kept his many scandals, incompetences and disgraceful lies out of the news, or about the trusting, gullible, ignorant, greedy and stupid people who elected him, except to quote the immortal Thomas Jefferson, who said "The government you elect is the government you deserve."


But it was H.L. Mencken who said it best, as far as I am concerned, when he quipped "People deserve the government they get, and they deserve to get it good and hard," which naturally brings to mind all those times in life when one has, indeed, gotten it "good and hard," dredging up, as it does, painful memories, usually replete with scars, either physical or mental, often both, and with a deep, dark, dangerous desire for some kind of vicious, bloodthirsty revenge on some worthless bastard who deserves it "good and hard."


So ol' H.L. (as I like to call him since it implies that I am a hotshot smart guy on a collegial, first-name basis with a fellow famous and cynical intellectual, but who died when I was seven years old, which is pretty weird, probably says a lot about OTHER weird things about me, when you stop and think about it) was exactly right with the getting it "good and hard" thing.


Now, getting it "good and hard" perfectly describes the current situation, which is that there is No Way In Hell (NWIH) that our aforementioned "current situation" CAN'T end badly, as in "very badly," as in "financially and economically fatal" because trillions and trillions of dollars pumped into the welfare economy via federal government deficit-spending Every Freaking Year (EFY), and tragically combined with "and there ain't nothin' you can do about it, moron."


Even worse, if the government truly reflects the population, then (not to put too fine a point on it) we are a nation of lying, corrupt, greedy, stupid, ignorant, superstitious, bankrupted, lowlife, low-IQ murderers and thieves.


My low, low opinion of the government and the general population of the USA is, by sheer coincidence, perfectly reflected in a news item sent to me by Junior Mogambo Ranger (JMR) Phil S.   It read "On Aug. 2, 2011, President Obama signed a deal he had negotiated with congressional leaders to increase the debt limit of the federal government by $2.4 trillion. But, now, after only 15 months, almost all of that additional borrowing authority has been exhausted."

Now, to the casual reader who knows anything about economics, this seems like bad news. And it is! Congratulations on your perspicuity!

You know things are getting weird when I, out of the blue, use words like "perspicuity," and, I am sorry to say, it is worse than that.   This is to be expected since the government is (as previously described) a group of lying, corrupt, greedy, stupid, ignorant, superstitious, bankrupted, lowlife, low-IQ murderers and thieves, as is proved when, later in the same news item, we learn that "according to the Daily Treasury Statement (DTS), the portion of the federal debt subject to the legal limit was $16,222,235,000,000--just $171.765 billion below the $16,394,000,000 debt limit."


Did you see the part that read "the portion of the federal debt subject to the legal limit"? What?  What in the hell is THIS? There is a portion of government spending NOT subject to the debt limit?!?  There is some secret debt not subject to limits? What in the hell is going on here?!?


Oh! Oops! I forgot!  Lying, corrupt, greedy, stupid, ignorant, superstitious, bankrupted, lowlife, low-IQ murderers and thieves. Ah so! It all makes sense now!


Thus it is, I am horrified to say, a gigantic, gagging-up-blood, "We're Freaking Doomed (WFD)!" disastrous expansion of the money supply via the evil Federal Reserve creating the money to monetize the debt, thus committing the worst sin of central banking!

And if the words "gigantic,"  "gagging-up-blood,"  "We're Freaking Doomed (WFD)!" and "disastrous" are not enough to scare the hell out of you that inflation in prices from such a whopping huge increase in the money supply is going to destroy you and everyone you love, even when punctuated with an exclamation point for additional emphasis, then perhaps an actual number will convince you: $2.4 trillion over 15 months equals a massive 13% of GDP in One Freaking Year (OFY)!!"

Please note the TWO exclamation points, conveniently provided to you by yours truly, to instantly draw the appropriate (and only) conclusion without any thinking, of any kind, on your part, which is the handy kind of conclusion I like best, as do, I'll guess, you.

And if you are not buying gold, silver and oil with every dollar you have, and with every dollar you can weasel out of your wife's purse, or with every dollar gotten by shortchanging the kids on their allowances, then there is something very, very wrong with you, and you should see a therapist of some kind, or at least wear a sign around your neck that says "I am stupid!" so that people will have pity on you instead of laughing at you.

On the other hand, for those of us who ARE furiously buying the aforementioned gold, silver and oil with the aforementioned sources of cash, our "therapy" is the happy, secure feeling we get when we buy them, knowing that their values will soar, soar, SOAR in the catastrophic price inflation and social destruction it causes, and we are merrily thinking to ourselves "Whee! This investing stuff is easy!"

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