Something huge and horrific just happened. I’m betting you don’t know about it. We “borrowed” over one trillion dollars last week to pump into the banking system, then “borrowed” another one trillion dollars this week to buy toxic assets. I mean, what’s a few trillion dollars between friends, right?

The big problem, besides spending all this money we don’t have, is that the world is tired of lending us money. Let the Beefboy repeat that… THE WORLD IS TIRED OF LENDING US MONEY. Get it? We now have bad credit with the world. So, maybe you’re asking yourself how we “borrowed” two trillion dollars over the past week. We didn’t. We’re printing it. We are “buying” our own debt. It’s called “monetizing the debt” and it’s bullshit.

Have you ever written a bad check in the hopes that you would get the cash in a day or two and make a deposit before the check cleared? The United States of America just did that… with TWO TRILLION DOLLARS! That’s on top of all the previous trillions of dollars that we’ve begged, borrowed or stolen since last September.

The amount of printed dollars in the system is expected to rise 500% in the coming months. Ben Bernanke wants inflation in the worst way, and Beefanatics, he’s going to get it! This has been tried before and it’s never worked. Germany tried monetizing the debt during the 1920s. Argentina did it in the 1980s and Zimbabwe did it this decade. It’s never worked before. You can’t spend your way out of a depression! Hello! Is this thing on? What makes the dumbshits in Washington think they can rewrite history? Or do they really want us spending thousands of dollars on a loaf of bread?

These idiots are playing with our future, and ironically, it’s the same people who caused the problem who are in charge of fixing it. If that doesn’t scare the shit out of you, nothing will.

Originally Published: March 9, 2009

I think it’s time to consider the possibility that our leaders want the stock market to crash. Every time it looks like there is going to be some recovery, Ben Bernanke, Hank Paulson, Timothy Geithner, Chris Dodd, Barney Frank, Nancy Pelosi, George Bush or Barrack Obama gets in front of a camera and starts talking down the economy, reinforcing how much we need more taxes, passing mammoth spending bills and telling you how evil capitalism is. 

I own my own public business and things were going fine until the Democratic led Congress and President George Bush passed the TARP bill in October and started telling us how tragic the economy was. Our phones stopped ringing THE NEXT DAY and it’s been downhill ever since.

All I can say is, if you came to the Beefboy and asked me for a recipe for tanking the economy, I’d do EXACTLY WHAT OUR LEADERS ARE DOING NOW. For six months, our leaders have made a series of decisions that are the polar opposite of what we know is effective in getting an economy to fire up again.

And by the way, enough of blaming Bush for the stock market. Either you are a leader or a whiner… and the Beefboy is hearing a lot of fucking whining from the White House. The stock market doesn’t bet on the past… they bet on the future and the market is down 20% since Obama got into office. Wall Street doesn’t vote with platitudes, it votes with cold hard cash, and right now, the vote is thumbs down!

Our leaders are either stark raving idiots, or they are doing this on purpose to advance their own pet projects and take power away from you. 

Pick one.

Dig it!