Sunday, October 9, 2011


I don’t know how families do it.

And I’m not just talking about the pain of listening to “Queen Of The Supermarket” on Bruce Springsteen’s last album.

In recent months, grocery items have fluctuated in price like stocks, and I have noticed my total at the register steadily creep up without much change in buying habits.

Some theorize that prices on things like gas, food, and stocks are inflating because of the printing of enormous amounts of money bu our friends at the Federal Reserve.

In other words, it’s not that the prices are going up but that the value of the dollar is dropping.

Why should that concern you?

If prices go up, it’s a function of supply and demand.

If I have a gallon of gas, and only one buyer, I’m pretty much going to sell that gallon for what the buyer is willing to pay. If I have five buyers, there will be a bidding war, especially if I have the only gallon of gas in town.

And even if the gallon of gas drives a price increase in other items, the market will still be a factor, and only those items dependent on gas are in play.

If the value of the dollar drops, it affects the value of everything.

All the hard-earned dollars in your 401K?

Worth less.

Your house?

Worth less?

Anything imported from overseas?

Do we even manufacture anything here?

If the dollar is worth less, goods cost more.

For years, our government’s overspending was funded by the purchase of US debt securities by foreign countries. Countries like China, who had been keeping us afloat, have stopped investing their money in US government debt.

Why is that?

Well, they question our ability to repay it.

You see, unlike the American people, the Chinese are smart enough to know that simply printing more money is a BAD thing.

In a few years, the baby boomers will start to retire. And as much as people joke about they won’t be able to afford to retire, some will HAVE to retire due to health reasons.

That means that the work force left to tax to support the aging population who will be drawing benefits on Social Security and Medicare will be smaller.

And in case you didn’t know, the money that comes out of your paycheck for these entitlement programs does not go into a savings account with your name on it.

It is being spent today.

On current benefits, and on wars in Asia, and on bailouts and cash for name it. All the things that American voters couldn't live without.

So if you’re under forty, when the time comes for me to draw benefits, they’re going to be looking to tap YOUR paycheck.

And that tax that is currently 7.5% or so is going to go up. Dramatically.

And I hope that when that happens, all of the government excess that is going on today will seem worth it to you.

And your children.

Because that's who is really getting SCREWED by all of this.

And it's our fault, children of the sixties and seventies.

Our parents left us a better future than they had, and we're leaving our children a welfare state.

And why?

So we can own iPods or iPads or Kindles or other overpriced electronics, expensive cars and all sorts of other crap that we can't afford and buy anyway on credit.

And then we encourage our government to do the same thing.


  1. This comment has been removed by the author.


    And I am pleased to see that my nonsensical comment above actually made it through. That one was merely gibberish off the top of my head, submitted solely as a "test".

    Here's the deal: For about the last two weeks a bug in the Blogspot system prevented me from submitting comments on about a third of the blogs I follow, and "Back In The USSR" was one of those affected by the bug.

    When I'd try to comment, I'd always get this bizarre message:

    We're sorry, but we were unable to complete your request. The following errors were found:
    Input error: Cookie value is null for FormRestoration

    I have no idea what any of that means. But when I saw you had started a new (sports) blog, my very first thought was: I hope this is one I'm allowed to comment on! Obviously it was.

    Last night, after reading a bunch of the appalling immaturity, stupidity, and racism posted in the comment sections of YouTube videos, I returned to my Dashboard here and made yet another attempt to post a comment on the BeadedBear blog. To my surprise, this time I did not receive that bizarre message and my comment posted.

    So then I came to this blog of yours and submitted a comment to see if everything was working here now as well. I didn't want to invest a lot of time writing one of my usual brilliant, A-List comments (for which I really ought to charge you), in case the comment got rejected by the bug again, so I just wrote some brief nonsensical remark inspired by the shock of seeing what misspelled filth can be found in the YouTube comment sections. (Maybe we need to be taxed to a greater degree so we can spend more on public education?)

    So, really, I was curious to find whether or not my comment would make it to your Dashboard. I guess everything's (sort of) working again. ...For now.

    Anyway, as I said above, this was a good blog bit. It's too bad that probably no one but Yours Truly will read it, and Yours Truly is already in the Choir.

    But I'm sure glad to find I've regained my "Voice" here.

    [Gwonna delete the test now. It done had served its purpose.]

    ~ D-FensDogg
    'Loyal American Underground'

  3. I wondered about the comment but had not had time to respond yet.


  4. Great article! Liked it a lot!

  5. Justin-

    Welcome. Remember-they are ALL lying to you!