Jan 26
posted by Michael Smith in
2012
| 0 Comments
This info is from a advert but still has some interesting material in it
http://www.sovereignsociety.com/pages/svs/digital_currency_video1.php
FYI If you click to close the browser tab it will stop playing the video and give you the transcript of the video.
Looks like now is a good time to move some assets out of US dollars into other liquid investments abroad or as metals or land.
Michael
According to the New York Times, the U.S. government is “shredding and burying” billions of dollars in landfills… enough to fill 1,750 dump trucks each year. This shredding program has been going on for years, to rid the system of worn out dollar bills.
But the weird thing is, they’re now destroying currency faster than its being replaced.
And they’re shredding so much cash; they’ve been forced to outsource the job to private companies.
Mike Paciello of SEM Destruction Products, admits, “80% of our business comes from the Federal Government.”
Believe it or not …
Landfill fees are getting so high; they’ve been forced to find new and unusual ways to dispose of all of this unwanted currency.
As we speak, the government is recycling it into roofing tiles… fuel pellets… even postal packing material.
And billions more are waiting to be destroyed. ABC News reports, the dollars are “piling up so quickly [the Fed] will need to spend $650,000 to build a new vault in Dallas to hold them.” Last year, the U.S. Treasury printed fewer $5 bills than it had in over 30 years and they produced NO new $10 bills at all.
But there’s no legal requirement for businesses to accept U.S. dollars.
Of course, you can still pay for lunch with cash.
And most retail stores still take it. But I’m seeing signs of a major shift.
For example:
* Southwest Airlines no longer accepts cash for cocktails.
* Apple Stores won’t either – so if you want a new iPad or iPhone – you’d better bring a charge card.
· * Just last month, my home state of Louisiana made it illegal to hand over dollars and cents to buy everything from second-hand books to used cars to collectible coins.
· * In Mexico, there’s a bill before the legislature that would make it illegal to pay cash for real estate.
· * In Greece, all cash transactions worth 1,500 euros or more ($2,165) will be against the law as of January 1, 2012.
· * In Italy, all cash transactions over 5,000 euros ($6,740) will be banned.
· * There’s a bill circulating through Congress – introduced by a powerful Texas lawmaker – that would remove legal tender status from U.S. Treasury coins and Federal Reserve notes.
· * The U.S. Treasury has announced plans to switch to digital payments that will save nearly $300 million by eliminating millions of paper checks.
· * And Social Security Administration recently switched from paper checks to a new digital currency system to distribute billions of dollars in monthly benefit payments.
This does help explain the recent downgrade of US government debt. And makes it clear that continuing to add to the national debt is not a sustainable idea.
This is the best analogy I have seen for a while! This rather brilliantly cuts thru all the political doublespeak we get.
Why the U.S. was downgraded:
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income: $21,700
* Money the family spent: $38,200 (much of it interest on existing credit card debt!)
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts: $385
Got It!
Jan 26
posted by Michael Smith in
Adventure
| 0 Comments
Thanks everyone who told me about your Letting Go experiences last week!
Having just sorted though my closets and given away or sold about 24 large bags of clothes that I wasn't wearing or didn't love (or didn't fit) I realized that like many people I buy clothes that I don't wear. Here are some questions from Carol Tuttle article (full article and video at link below) to ask yourself in the dressing room when you are deciding whether to buy that item.
o Why am I buying this item? Poor reasons include:
o Am I settling? /tired of shopping and this is good enough
o Do I want to please the sales person who helped me
o The price a good deal even though I don't really love it
o How much do I love it? (1-10)
o Greater than cut off number - say at least 7/10
o Check in with my heart on the decision, not my head
More reasons and the video at
http://abundantmichael.com/blog/index.cfm/2012/1/23/How-to-avoid-buying-clothes-that-you-later-regret-and-dont-wear
Here is to a closet where everything I have I love and can wear. And it is easy to put together an outfit that I feel wonderful wearing!
I am in La Paz right now - going to a 4 day shamanic sun moon dance - a vision quest kind of thing that starts tomorrow. No food, drink or talking for 4 days/3 nights. I think it will be powerful and interesting. I will tell you more afterwards. I think it is something some of you might enjoy! It is part of a month long shamanic journey but you can chose just to do the dance, like me.
More info at
http://www.sacharuna.com/training.html
Let me know your clothing and shamanic experiences?
