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Dying Hope

IMG Auteur
Published : February 02nd, 2013
500 words - Reading time : 1 - 2 minutes
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Category : Crisis Watch

Read the Thursday Afternoon Wrap-Up for 1/31/2013 and the Friday Morning Commentary for 2/1/2013

It’s ironic that Obama’s 2008 campaign platform focused on the amorphous, fleeting, impractical emotion of HOPE.  I get it, it’s just campaign PROPAGANDA – formed by small minds, preying on smaller ones.

From the politician’s standpoint, the best part of such an ambiguous “promise” is the near impossibility of measuring it.  From time to time, loaded polls suggest constituent “approval”; however, the FACT remains that Obama is currently tied – with George W. Bush, no less – for the most “unpopular” re-elected President since Gallup started taking such polls in 1945…

Obama Job Approval Rating Lower than Nixon’s

…while Congress “enjoys” its lowest approval ever; falling to a HORRIFIC 10% last year…

Moreover, despite the government’s best efforts to mask REALITY with PROPAGANDA; privately taken polls – like the Bloomberg Consumer Comfort Index – are barely above the 2008-09 crisis lows…

For all the government hype and spin regarding economic “recovery” – an ongoing, NEVER-ENDING LIE; U.S. Labor Force participation is at a 30-year low…

Source: Zero Hedge

…and REAL unemployment is near DEPRESSION-ERA levels…

…particularly for families in their peak child-rearing years…

Source: Zero Hedge

…with the prospect of further, dramatic job cuts when the upcoming “fiscal cliff” hits…

New fiscal cliff looms after sequestration put off until March 1

Meanwhile, REAL wages have been declining for nearly three years

Source: Zero Hedge

…as job quality plunges

A Quarter of Jobs in America Pay below the Federal Poverty Line

…as part of a longer-term trend; with no hope of improving…

Consequently, U.S. entitlement growth is exploding

10 charts showing America’s stunning entitlements explosion

…with half the nation dependent on the government; hence, the rising popularity of the Democratic Party…

Source: aei-ideas.org

…including a stunning 47 million people on food stamps…

…and 6% of ALL workers on “disability”…

Meanwhile, there’s even less hope for the nation’s youth; holding $1 TRILLION of undischargable student loans…

The Scariest Chart of the Quarter: Student Debt Bubble Officially Pops As 90+ Day Delinquency Rate Goes Parabolic

…fighting all the aforementioned, whilst REAL inflation eats away at purchasing power by 8%-10% annually…

Furthermore, if the above didn’t sap any remaining hope about America’s future; the “icing on the cake” is the fact that while “the 99%” are suffering, “the 1%” are doing better than ever

Source: Wikipedia Commons

…particularly the very same bankers that CAUSED America’s ruin…

How the Glorious Socialist Revolution Generated a 681% Return for Goldman Sachs

As we approach the END GAME of currency collapse, America’s “DYING HOPE” – above all else – poses the greatest political, economic, and social risks…

Guest Post: Hope Has Changed – It Died

…as from such conditions, powerful demagogues have historically taken power; with devastating consequences to all…

Thus, you MUST…

PROTECT YOURSELF, and do it NOW!

Call Miles Franklin at 800-822-8080, and talk to one of our brokers.  Through industry-leading customer service and competitive pricing, we aim to EARN your business.

 

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Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
Latest comment posted for this article
"Hope" is something that you never have to deliver on...it is always in the future. I could have told you'all in '08 that he is as full of 'dung' as a Christmas turkey. Read more
Don F. - 2/4/2013 at 3:51 AM GMT
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"Hope" is something that you never have to deliver on...it is always in the future. I could have told you'all in '08 that he is as full of 'dung' as a Christmas turkey.