
When FDR saved all the poor folks of that day, he needed money. What to do? Well, it was sorta like what you do when you're hungry for watermellon when you didn't plant any mellons. Why, you simply go to the farmer's field who did plant mellons, being careful that he is not around with his shot gun, and pick a big one. Heck, the price is right. Take two. You take from those what has and, after having a slice or two for yourself, including the heart of the mellon, of course, you pass on whats left to others. What about the 8th commandment, Thou shall not steal"? Oh, I forgot, its the law, isn't it? It's okay for the govenment to steal, huh?

Oh, yes! Don't forget gold. Today its hard not to see that nauseous ad on buying gold. Be secure, put your money in gold. Forget that, FDR made gold illegal. All those squirrels, ants and bees who tried to be safe with gold, why, FDR simply took their gold away along with $0.49 of each dollar they had saved. Gotta save those grasshoppers, folks! They vote and there are a lot of them.
In an attempt to alert congress to certain change, fed chairman Allen Greenspan reminded congress and the American people that cycles had not been repealed. Look at nature's cycles. What we are about to cycle into, my friends, is not the cycle for ants, squirrels or honey bees. This is going to be the cycle of the grasshoppers.

When Regan took office Carter had unemployment up to the 14% peak on the chart. It was 16% here in Ohio. I remember that well, I was unemployed along with tens of thousands in the tire industry when on the same day Firestone closed 10 plants and Goodyear closed eleven. My wife and I both lost our jobs in a 16% unemployment period. No bail out for the tire industry under Regan.
Julie and I simply joined the 84% of the people who were working. Yes, we had to use up some "squirreled away" savings. And Julie went from being a highly paid Techincal Engineer to handing out burgers and fries on a split shift at MacDonalds. As for me, I took a lot of study and preparation, with nil pay folks, and accepted a straight commission sales job. Strictly a no workee-no eatee proposition. There are no shortage of straight commission sales jobs today. Have you noted that the car dealers no longer have flocks of salesmen standing around? Hmmm!
Yes, but the stock market, the stock market! My 401K plan! Oh, woe is me! When Regan took over from the democratic president with a totally democratic congress the stock market was in the 600's. Today it is down to 8,000 from 14,000. Folks, if you liked those good American companies at $50 don't you just love them at $37.50? I do.
Yes, my wife's 401K plan reflects the market. It always does. As she nears retirement I was concerned that we would not get one more serious buying opportunity in the market before she retired. She has not only continued her 401K contributions but when the market started to falter around 12,000 I started to invest a couple hundred every month out of my retirement income. I could sure use that investment money as I plan my upcoming cross country bike trip but if I overlooked this investment opportunity I'd be a grasshopper. Hmmmmm again!
My concern is that congress will do something about all the "fat cats". Those making obscene profits. Like those squirrels who in the early 80's, when hands were being wrung over a 600 market, decided to take the risk and bury a few nuts. They bought Exxon at $10 a share. Boy, are they being repaid for taking that risk! Now, the grasshoppers cry foul and demand to share in the buried nuts. Congress is about to pass a law to restrict profit. They did it to the squirrels of the Alaskan Pipe Line during the OPEC oil cut off. Remember the gas lines of the 70's?

Is this all just sour grapes or maybe a little fear? Nope! I'm not sour, I'm meek, lowly and humble, sweet, gentle and kind! And the good Lord knows I'm not the least bit afraid. I'll get by. But this is getting long so I'll stop here. I won't mention new laws to further tax the working folks like FDR did. FICA, which allowed the U.S. government to go into direct competion with private enterprise, the insurance industry, and force working people to supposedly buy a retirement annuity. Social Security was simply a tax. The annuity part was a joke. The withholding was immediately spent by the government. It still is. Mr. Obama will probably call his tax HICA, with which to provide Health Insurance. After the government helps its self to the heart of the mellon they will help all the poor illegal immigrants and grasshoppers with whats left. Oops! Better not go there, the government monitors email and big brother is watching!
In the original New Deal FDR turned an 18 month recession into a ten year depression. What will Obama do in his New New Deal? Time will tell. Told my family to Hang onto their britches.
In 1948 at the age of 17 I took a solemn oath to defend the President of the United States against all enemies foreign and domestic. I firmly stand by my pledge. Gotta wait til 2012, Sarah darling.
Psalms 121: "I will lift mine eyes unto the hills from whence cometh my help; my help cometh from the Lord who maketh heaven and earth".
There I go clinging to my bible. I gave each of my sons a gun and sold the rest years ago so I can't cling to my guns. Yesterday I found a good buy on strawberries and today made 44 jars of strawberry jam. Perhaps I should rethink that gun decision. Wouldn't want those grasshoppers getting into this sweet store of "nuts", huh!
God Bless!
2 comments:
Walt,
I just quoted that same verse from Psalm 121 to a friend today, who was concerned about all that's going on. Great minds (and cousins) think alike! :) Also, I have her reading your blog now. I'll make sure she sees this entry! Great post! Not only do I have her reading this, I think I convinced her to join Ancestry.com. Maybe she'll be as blessed as I was to find a cousin.
God Bless,
Cheryl
Great post - you could always put things into perspective. Love, Nan
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