The Obama Depression is upon us.
It will take another year before the media starts calling it that, but it’s here. The expansion of government intrusion in the private sector, coupled with the suicidal monetary policies of our Treasury Department and the Federal Reserve, will lead to a deterioration of current living conditions.
I am not much of an alarmist or a conspiracy nut. I thought the Y2K scare was a joke. 9-11, though tragic, did not really cause me any anxiety.
But in the short-term future, I see rough times ahead—not the prancing unicorns and magical rainbows that Obama’s worshippers promised us. I see in the near future American leaders intentionally trying to nullify the Constitution and devalue the dollar, unprecedented unemployment rates, socialist government growing like a weed, Christian principles marginalized if not criminalized, civil unrest, and perhaps a war closer to home than we’ve had in a long time.
Of course I hope I’m wrong.
But look at the Weimar Republic—not recent American history--for some insight in where we are. Here are a few excerpts from Wikipedia:
“Since striking workers were paid benefits by the state, much additional currency was printed, fueling a period of hyperinflation. The 1920s German inflation started when Germany had no goods with which to trade. The government printed money to deal with the crisis; this allowed Germany to pay war loans and reparations with worthless marks and helped formerly great industrialists to pay back their own loans. This also led to pay raises for workers and for businessmen who wanted to profit from it. Circulation of money rocketed, and soon the Germans discovered their money was worthless.”
“After an unpopular bill to reform the Reich's finances was left unsupported by the Reichstag, Hindenburg established the bill as an emergency decree based on Article 48 of the constitution…”
“The Reichstag general elections on 14 September 1930 resulted in an enormous political shift: 18.3% of the vote went to the Nazis, five times the percentage compared to 1928. This increased legislative representation of the NSDAP had devastating consequences for the Republic. There was no longer a moderate majority in the Reichstag even for a Great Coalition of moderate parties, and this encouraged the supporters of the Nazis to force their claim to power with increasing violence and terror. After 1930, the Republic slid more and more into a state of potential civil war.”
So what to think about all this? What should be the Christian family’s game-plan during the Obama Depression and the probable unrest that will accompany it? I guess I’ll have to save that for the next post. But anyone who has read this blog knows I’m not a pessimist—I just think we have to go through these bad times in order to learn the lessons that will lead to good times. This is certainly not the beginning of the end of the world (as some Christians think)--and, regardless, it’s all part of God’s plan. We just don’t understand it all. But next time I’ll try to post some thoughts about living through bad times.
It will take another year before the media starts calling it that, but it’s here. The expansion of government intrusion in the private sector, coupled with the suicidal monetary policies of our Treasury Department and the Federal Reserve, will lead to a deterioration of current living conditions.
I am not much of an alarmist or a conspiracy nut. I thought the Y2K scare was a joke. 9-11, though tragic, did not really cause me any anxiety.
But in the short-term future, I see rough times ahead—not the prancing unicorns and magical rainbows that Obama’s worshippers promised us. I see in the near future American leaders intentionally trying to nullify the Constitution and devalue the dollar, unprecedented unemployment rates, socialist government growing like a weed, Christian principles marginalized if not criminalized, civil unrest, and perhaps a war closer to home than we’ve had in a long time.
Of course I hope I’m wrong.
But look at the Weimar Republic—not recent American history--for some insight in where we are. Here are a few excerpts from Wikipedia:
“Since striking workers were paid benefits by the state, much additional currency was printed, fueling a period of hyperinflation. The 1920s German inflation started when Germany had no goods with which to trade. The government printed money to deal with the crisis; this allowed Germany to pay war loans and reparations with worthless marks and helped formerly great industrialists to pay back their own loans. This also led to pay raises for workers and for businessmen who wanted to profit from it. Circulation of money rocketed, and soon the Germans discovered their money was worthless.”
“After an unpopular bill to reform the Reich's finances was left unsupported by the Reichstag, Hindenburg established the bill as an emergency decree based on Article 48 of the constitution…”
“The Reichstag general elections on 14 September 1930 resulted in an enormous political shift: 18.3% of the vote went to the Nazis, five times the percentage compared to 1928. This increased legislative representation of the NSDAP had devastating consequences for the Republic. There was no longer a moderate majority in the Reichstag even for a Great Coalition of moderate parties, and this encouraged the supporters of the Nazis to force their claim to power with increasing violence and terror. After 1930, the Republic slid more and more into a state of potential civil war.”
So what to think about all this? What should be the Christian family’s game-plan during the Obama Depression and the probable unrest that will accompany it? I guess I’ll have to save that for the next post. But anyone who has read this blog knows I’m not a pessimist—I just think we have to go through these bad times in order to learn the lessons that will lead to good times. This is certainly not the beginning of the end of the world (as some Christians think)--and, regardless, it’s all part of God’s plan. We just don’t understand it all. But next time I’ll try to post some thoughts about living through bad times.
