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The Treasury is Coming! The Treasury is Coming!


Chris Duane

It did not take long, but the Treasury has started the thieving

Since we have not raised the debt ceiling yet, the Treasury has started to dip into pensions. They will buy a couple of days by not meeting its investment into government retirement funds. This is just tipping the toe in the water of the trillions that we will see before this is all over. The debt ceiling will be raised, some BS spending cuts will be announced, and the Fed will continue to print more money/debt. There will be no grand reform and everything is going to plan as the world gets ready for the largest wealth transfer in human history.

To the millions of government employees that have been riding the gravy train are going to meet a very rude awakening when the dollar collapses

This group of citizens will have their paradigm shattered when the wealth that they thought they had is wiped away. They will also be out of a job, and realize that they are ill prepared to join the real economy. During the collapse of the Soviet Union those that worked in the system were the last to adapt to the new paradigm, often failing to adapt at all. Those that see this mathematically inevitable collapse coming and actually do something about it, will have a huge head start as the rest of the world tries to figure out what the hell happened.

I wrote “Got a 401k or an IRA?” about what happens when governments get desperate

Unlike us when we reach the end of our credit line, the government will not stop its profligate ways. It will simply blow through every dollar it can get its hand on trying to put off the day of reckoning. I believe that before all of this is over and the dollar dies, your retirement funds will be wiped clean. If you have a 401k, IRA, Roth IRA, Social Security, annuity or any long term savings plan or pension, be prepared to have it destroyed.

My question to you is what are you going to do about it?

The alarm has been sounded. The Treasury is Coming! The Treasury is Coming! Are you going to risk your life’s savings on the hope that this ponzi scheme will pay out before the collapse? Will you wait until the REAL purchasing power of those dollars are worth nothing? Or will you get out while the music is still playing?

I remember Ben Bernanke was once questioned before Congress about if the US could pay on its $140 trillion dollar unfunded liabilities

Bernanke said that we could absolutely pay that, but he had an important caveat to that that should have gotten much more attention. He went on to clarify that he could not guarantee the purchasing power of those dollars. You are faced with a default of the currency, a government raid of your savings, a forced redistribution into “safe” government bonds, or a hyperinflation of the purchasing power of you savings. There is NO WAY OUT if you stay in any paper assets. Read the Silver Bullet and the Silver Shield to give you a head start on this paradigm shift. If you want a more complete picture join the free Sons of Liberty Academy.

“t is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” - Charles Darwin

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2 Responses

  1. YOUR BIAS IS SHOWING….YOUR BIAS IS SHOWING….

    I love how people like you blame everyone but yourself for the problems we face.

    You have lived here in this nation for the last 30 years (or how ever long you have been alive)…and you have benefitted from the excess standard of living and the wastefullness that is all around us. . . everywhere.

    The problem really is that no one thinks or believes in the concept that “we are all in this together”….there is NO sense of duty….no sense of honor….it is just a wild-west free-for-all where you are taught at an early age that the best thing in life is to grab as much money as you can before you die.

    We are a SICK society….

    We are a “nation of individuals”…..

    A nation of selfiish, “me-first”, blame everyone else, take the money and run, greedy, huburistic children….that have NEVER been told NO. We have been raised and indoctrinated to think that we should be able to do whatever we feel like doing. Everything is morally ambiguous. There is no “right and wrong” (and I am NOT talking about Christian “right and wrong”….just the common sense concept of what is and is not morally reprehensible)

    So…you keep on blaming everyone and claiming that YOU ALONE will be prepared…..I got news for you. When this falls apart…. YOU will NOT be ready No one will!

    • Actually you are completely wrong. I don’t blame anyone but the American citizens, probably around 90% of them at least. I am not selfish nor do I look to take money and run. I own a small farm, lead a very simple life, I don’t even have TV. I don’t waste anything.
      And I don’t feel like we are in this together because I have been talking to people for the past 12 years and the most common answer I got was “what can I do”. Besides that I have been laughed at and ridiculed for my thoughts, which will turn out to be facts.
      When it all falls apart I will not be the only one prepared because there are a number of intelligent people, like myself, that have been preparing for quite some time now. When it falls apart I’ll be sitting here on my farm, eating my crops that I have stored, enjoying life, while the people in the cities, who are still alive cannibalize dead bodies.
      When an new society is formed life will be real good for the people who prepared.
      Good luck and I wish you the best.

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