I try not to read the MainStream Media too often. Honestly. But it’s like watching a train wreck – once it starts you just can’t turn your eyes away.
This recent story on NBC News suggests that because credit use is once again on the rise that the “recovery” continues, 
although at a slow rate.
Check it out:
U.S. consumer credit rose $18.12 billion, the biggest gain since May, following July’s revised $2.45 billion decline. Revolving credit, which mostly measures credit-card use, climbed $4.2 billion.Nonrevolving credit, which includes student and auto loans
, rose $13.92 billion.
In other words people are going out and buying stuff they can’t afford and/or they’re out of work and they’re using credit just to get by. Neither one of these is good, but the media seems desperate to give everything a wonderful spin and I read in amazement what they write on a day to day basis.
There was also this recent story about the unemployment rate dropping t0 7.8%. Statistics are just numbers that can and are manipulated by the government in order to put the best spin on something. I won’t say they outright lie (ok, I will say it. They lie.)
That last story takes great pains to explain why the statistics are so confusing when it comes to job numbers. That numbers is so skewed now that the report is nearly useless. The only thing it does now is piss me off when I read it – and if the reader comments are any indicator the MSM really isn’t pulling the wool over too many eyes.
Here’s what I’d like to see: a little honesty. In the media. In politics. In advertising. In everything.
Maybe I’ll run for office on the next election cycle on the “Honesty Card.”
Here’s the opening line of my speech, “My fellow Americans. We are in deep financial shit right now, but with some serious hard work and cutting back spending in areas that we don’t need to be spending, we’ll get through it. You won’t like it. You’re going to have to do without. It’s going to be hard, but if everybody does their share we’ll get ‘er done.”
Of course I wouldn’t get a single vote. The American public has already shown that they are unwilling to give up anything that might make their lives easy, but at some point it’s going to be forced on us. It’s going to be shoved down our throats and those of us who are prepared will make it through ok. By prepared I don’t mean having extra stores of food and other stuff on hand, uh uh, I’m talking about those of us who are mentally prepared. If you’re mentally tough and ready to take on a challenge and you’re willing to do without then I’d say you’re going to weather whatever comes along just fine.
How about it?
Are you tough enough to handle it?
-Jarhead Survivor
21 comments
Charles Darwin was sooooo right. Take a look at Spain & Greece right now. It’s gonna be here soon. I say bring it all on….. the sooner the feces-storm gets here, the sooner it’ll subside.
What does Spain & Greece have to do with the US? They are no indicator of future events in America. Besides, you don’t want to wish the American economy to crash because IF (that’s a big if) it did, it would be a shit storm that nobody could possibly prep for let alone survive & the huge ripple effect would be worldwide. Remember, America is still the largest economy in the world.
Rejoice?! For what, theyre onna do what I would do if I used credit crap. Theyre gonna run em up, max em out and then disappear. The system is in the death throws of adownward spiral that it cannot and will not pull out of. Anyone with credit cards that is aware, will maxem and dumpem. Thats what Ide do. N reason to pay when the system is so over wrought with riots and other unrest no one will be ABLE to come after them. I dont blame em,thats what I would do too.
I would vote for anyone who told the truth like that!
I am the son of parents who grew up during the depression and keep reminding myself of the stories from them and my grandparents about how tough things were but how they got through them. Mental attitude is the biggie, if you cannot handle some adversity you are screwed. Starting now with choosing to make simplifying changes is a key in my life.
When gas hit $4.00 a gallon I said f*** them and started commuting to work by bike, I save over $200.00 a month in expenses, getting much needed exercise and dealing with the natural elements on a daily basis.
Anyone who completed boot camp can survive whats coming just fine…
Credit card usage is going up because people are more stretched now than ever before in the US. I have people(Obama voters) tell me the recovery is continuing w/ all time highs in food stamps, disability claims and 30 year lows in the labor perticipation rate. If those facts weren’t depressing, I’d laugh.
The FED going QE forever has ensured the US to have days like Spain and I’m almost ready, I’ll be ready for the SHTF in 2013.
Mentally, physically and spiritually ready. However, the longer it takes for the reset button to be pushed, the longer I have to work on preps. Prepare expeditiously!
Then again if there is a total collapse , spend now …..while fiat money will still spend …..those you barrow from will go under anyway . If you believe that a total collapse is absolutely eminent . ……….if not …..dont do that .
spend spend spend….because december 21st we will all spin out into space. Of course if the mayans are wrong there may be issues.
I think the Mayans just didnt see any reason to continue making an advanced year calendar past that point until the generations caught up a little more ……….why they bothered to do it that far ahead is also a mystery . I guess even then , some elements of society had too much time on their hands and not enough to worry about .
Well, you know, I have started to spend more lately. I still have a good job, house paid off, several $10k+ in precious metals and 6 figure savings. What is the point on sitting on devaluating money? Sure, some of the toys are useful, who doesnt need an extra flashlight, a spare scope, some camping tools I rarely use but are nice to haves when I do. But some things are purely entertainment, to enjoy life now. Why the hell not. Everyone here is certain money will be worth nothing in the future, right?
I am tough enough, been there done that. We worked really hard to get out of debt and are very happy to be. Oh and of course unemployment numbers are wrong I know I’m not counted. I can’t find a job and don’t get unemployment of any other benefit. But do I count? Nope.
Hang in there , we feel your pain .
I am right there with you JL.
Right on Jarhead:
your collection of ironies.
Current credit card interest rates were a felony under usury laws throughout America some years ago.
Try as I might I seen nothing to prevent (or turnaround) a global economic collapse save for another huge war.
Be aware and prepare
Right on Jarhead – WRITE ON!
“Terrorist Attack On America”
“http://www.magnifiedview.com
Yoda,
Heard today that the U.S. is sending troops to Jordan to counter the 100,000 Russian troops in Syria, so yes, we just might get that huge war.
Stay prepared.
You would have my vote! This generation feels like they are entitled to any and everything that their heart desires. And if they don’t have the cash for that new TV or car they believe they should have, they charge it. It kills me that I am labeled as being in the same generation as these people! We need a serious change. Everything is just so backwards.
MSM is the fuel that feeds the idiocy that is the average American nowadays. Every Joe or Jane Shmoe can tell you there is a war going on, but ask them to point to Afghanistan or Iraq on a map, and here comes the deer in the headlights look.
It is SO important to educate and culture oneself…especially with our highly globalized society of today. This is simply for your own benefit, if only as a mental exercise to stave off Alzheimer’s and NOT look like an idiot.
Remember, talking doesn’t change anything, doing does. Write letters to your congressman/mayor/etc, join organizations that actually accomplish things (pay your NRA dues people!), and back up what you say with action.
Apologies for my rant…long day at work dealing with Sheeple.
I have written to each of my senators and my representative numerous times, which landed me on their “whining for dollars” mailing and calling list. My biggest letter-writing campaign was a plea to vote against NDAA. It passed and both of my senators, one R and one D, voted FOR it. I got several replies, obviously penned by a staffer, that “thanked” me for my interest and, by the way, could I spare some money? We need a high-power washer to clean out government.
I don’t think that either my husband or I are strong enough (anymore) to handle what’s coming. That may be the plan by the BO administration. Using Halloween for inspiration, they suck all the blood out, then the body dries up and blows away, leaving the world clear for him and his supporters. Apparently, they haven’t thought this through because who will serve them after we’re all gone? Can you picture the Mooch cooking and doing dishes? Or Obama working???
It don’t matter, The US is hell bent for another civil war. Nothing on earth can stop that now. Not even ww3. The only”reset” that could work is to abolish EVERYTHING done buy the FEDGOV over the last 125 years.” They” will never do that. Our “government” has become a crazed pagen death cult. Nothing that we do or say can ,in any way “fix” the “government”.The EVIL runs to deep. We are IN the nightmare,and it only gets worse from here on in . The S*** has ALLREADY hit the fan. Burn your credit cards -or don’t, it won’t matter . We all set in our homes S*** scared of “something comeing” Well…. Its here. Nothing ANYONE dose or says . No election , NOTHING is going to stop this now.
yeh, what Ray said.
a purge of the State, and Justice Departments would be a good thing to try…
but it’s probably too little, too late.
I used to be a credit card junkie. I’ve got one completely paid off and working towards the other. Living in my means, paying with cash, and couldn’t be happier doing it! And sites like this has provided me with opportunities to better myself and learn new things – which includes gardening and canning. Thppptt to the credit card industry!