Author: Rodney John Tombleson

Raised in Columbia basin of Oregon. High school class of 1971. Married, 1974 BA, 1980 MDiv', 1985 Currently retired. I needed an outlet for my thoughts, so I decided to try a little blogging.

The Coming Crisis – Loss of the Dollar as Reserve Currency, What Can You Do?

Some of you are cleansing your guilt for voting for Obama by citing that he DEFICIT has gone down. Yes, if you start from 2009 (that, only a little). No, if you start from 2008.  This DEFICIT reduction is way too insignificant to help the real trouble.

The ugly truth is, the operating DEBT has more than doubled since Obama took office. This is because the US is “printing” money at a rate of $65 billion a month. We are spending $200 million every hour, all borrowed money. Unemployment is at 12-13%, depending on who you listen to. The official figure, only counting those receiving unemployment benefits is 6%, is simply a cover up of the real unemployed.

More people than ever are on “disability.” Many have retired early, living on less than planned, and sealing their income to a much lower level. Much fewer people are working than ever before.

This economy is not in recovery. It is dwindling, and that is being papered over by our government with more DEBT. While the operating DEBT is around 18 trillion dollars, the unfunded liabilities added to the operating DEBT is said to be over 100 Trillion dollars. Your grandchildren won’t even be able to pay this off.

No country has ever done well by simply printing more money. You can’t borrow and spend your way to prosperity. This is not a theory. This is fact. No rationale can make borrowing and spending the solution to prosperity.

The federal government is considering a wealth tax. They are also considering confiscation of your retirement funds. They are not protecting us from terrorism since they have adopted this open border policy. Taxes are necessarily rising, since spending is out of control with no indication that congress or the executive branch will change this.  Businesses, the only agents of job creation, are being forced overseas by increased taxes and regulations.

Worse than any of this is that the US Dollar, the RESERVE CURRENCY of the world, it about to stop being the reserve currency. When that happens, we will see inflation in this country as never before.  Probably you’ve never thought about what a reserve currency is, or what it means for the country whose money  holds the reserve currency status in the world.  I suggest you educate your self.  Look up “reserve currency,” and “SDR.”  You may be shocked at what you find.  Basically, the US dollar is not likely to survive being the reserve currency much longer.   That means your dollar won’t be worth as much as it has been, by a long shot!

Most of this is just my opinion, but if you do a little search, you’ll find that this stuff is coming at us all, hard and fast. You might quibble with me over the details, dollar amounts, or terminology. That’s a waste of time.

As an individual, what should you do? All I can say is, get out of your personal debt. Pay it off. Find ways to invest in and protect assets that will last. There may be more you can do, I’ll leave that up to you. Most of all, put your trust in Jesus Christ as Lord and Savior, but don’t make that just a caveat for planning and acting on the plans.  Jesus expects us to care for one another, we can’t do that if we are foolishly or unnecessarily dependent on others.  Your wealth and prosperity are what give you the ability to care for yourself and others in meaningful ways.

You can do this, plan, educate yourself, follow through and depend on yourself because God has uniquely equipped you to do whatever challenges you.

Retirement

If you are under 40 years old, you probably think you’re too young to plan for retirement. Well let me tell you, I am 61 years old. And I certainly wish that I would have started planning much sooner. Now I am putting every penny I can into retirement accounts.
It’s just never enough, and it doesn’t look like I’ll have much to look forward to in retirement. In fact, it doesn’t look like I’ll be able to retire at all. I mean, I may have to work until I medically am forced into retirement.
That is not a happy thought.
So if you are a younger person please start early! Save a few dollars each paycheck. When you have enough scraped together,  then open a retirement account and continue putting money in there every paycheck. I am very confident that you can do it! I believe in you. I believe you can exceed even your own expectations for yourself.
Remember, the important thing about  building wealth for retirement  is time! It takes time for money contributed to build wealth. So start now. You’ll be glad later when you are my age!

“Aim small, Miss small.”

Lawlessness Is Not Leadership

“A prince, whose character is thus marked by every act which may define a tyrant, is unfit to be the ruler of a free people.” United States Declaration of Independence

If William Jefferson Clinton’s presidency is remembered for sexual deviancy, and George W. Bush’s presidency is remembered for an inability to stand up for traditional republican principles, Barack Hussein Obama’s presidency will be remembered for executive branch lawlessness. He has after all been called an imperial president for good reason. His repeated encroachments on the limits of the office he holds (in session appointments or recess appointments), his contempt for a “negative” bill of rights, and his lack of regard for the gravity of the office (hundreds of golf outings, lavish vacations, and willful sidestepping of the most serious of the duties of this office: defending American lives, even to the point of allowing an ambassador and others to be tortured and murdered).

Perhaps the most egregious violation in his oath to uphold our constitution is his blatant refusal to uphold all our laws. As bad as was his open refusal to defend the DOMA (Defense of Marriage Act), the obstinate destabilization of our nation through illegal entry into our nation is in my opinion, criminal. Illegal entry is just that: illegal. On the face of it, he pledged to uphold our sovereignty, but now constantly threatens our sovereignty by appealing to the sympathies of citizens on behalf of the hapless who illegally cross our borders. With this he insults the dignity, intellect, and individual sovereignty of the citizenry. We know that adult criminals, gang members, and terrorists are crossing the border illegally amidst the government induced chaos. They indeed are victimizing those hapless with whom our president seeks to distract us. And there lies the insult with a sharp edge, he does not respect the individual citizen of this country by whom and for whom this government exists. Nor does he respect the “immigrant.” If he did, he would enforce the laws uniformly as required by law, so that all could have that fair shake he brags about so frequently. We are a nation of laws, not of charismatic speechifiers.

But that is characteristic of this man. What he accuses his enemies of is indeed what he is doing in secret. That will be exposed in time. What he brags as his accomplishments are not accomplishments but really things he renders impossible. There can be no “fair shake,” when that pathetic, dark cloud of lawlessness hangs like death over our once great land. Obama willfully destroys this government and culture in hopes of recreating it in the image of Marx and Alinsky. This compares favorably with and can only be done by the acts which may define a tyrant.

If not criminal, these offenses are certainly impeachable, though I believe also morally reprehensible. He is not doing the job, he is redefining the job. Unfortunately, the redefinition looks very little like the original. He adds authority where there is none, “I have a pen and a phone,” and reduces authority where there is plenty, by slashing our military, and opening the border. In neither case is this appropriate, nor effective leadership of a free people.

I believe the sovereignty of the individual trumps the sovereignty of any human government. For the individual not only pre existed any government, it follows that no government could exist without individuals. Individuals however can exist without central governance. Many might not like such an existence, but it is so nevertheless. Because of this belief in individuals, I believe in time, Obama’s plan will fail, the human spirit is rising even under this disastrous rule he has promoted. People will see the truth prevail, for truth, like magnetic power or gravity, will rise within the hearts of citizens, overwhelming the lies, the lawlessness, the poverty of leadership, the immaturity of ideologically steamrolling over individuals. The truth will rise, the majesty of creation will upend the dictatorial dreams of any tyrant. For tyranny is seen impoverished as against the voluntary, enlightened efforts of people working together to secure their liberty, lives, and satisfaction in personal accomplishment. Governmental transfers of wealth created by one to anyone who did not earn it is not grace, it is theft guided by feudalism. We however are a nation enlightened. We together have tasted true leadership many times in our short national history and we will see excellent leadership rise again. Vote for it. Believe it, hope for it, love it!