Hey Joe

Mon, Dec 23, 2013 - 1:04pm

This essay was inspired by a deceptively simple question: At what point will people decide they have had enough? By this, I mean at what point will a plurality of citizens look around them, examine their situation, and come to the realization that the present system is not working to their benefit and indeed, is likely working to their detriment? Does the frog really sit in the pot while the heat is slowly turned up, content until the moment where it is too late and he cooks to death? Or does the frog in fact realize at some point that heat is on, he is getting extremely uncomfortable, and that he better jump if he wants to live?

Here’s why I wonder about this.

Just six short years ago, the median net worth of middle class US households was $120,000. Today, it has fallen a whopping 45% to just $66,000 (https://www.nytimes.com/2013/09/19/business/americas-sinking-middle-class.html?_r=0). The number of working-age Americans stuck in part-time employment has more than doubled during the last six years from four million to nine million, and this number is about to take another major leap upwards as Obamacare mandates incentivize companies to cut previously full-time worker to below 30 hours per week, above which the government now requires companies to provide coverage. Speaking of Obamacare, its initial impact has been to raise premiums nationwide, amounting to a massive middle class tax-hike, while five and a half million people who used to have health coverage have now lost it. When the employer mandates really kick in next year, some estimate that based on numbers provided by the Department of Health and Human Services, between 50 to 90 million additional Americans may lose their current coverage (https://hotair.com/archives/2013/10/31/did-hhs-estimate-that-93-million-...). Hope and change!

So play along with me here. Pretend you are an average Joe. Joe has just seen his net worth nearly halved in the last six years. He just lost the health insurance that his employer used to provide, and because Joe has a spouse and kids he is suddenly looking at an additional 15% of his yearly salary to cover health insurance. Joe didn’t expect or plan for this. He starts doing the math and realizes that he already pays 1/3rd of what he earns in State, Federal, and various local taxes. Now Joe suddenly has all these additional health care costs, real inflation is making everyday items like gas and clothing more expensive, and at this point, he doesn’t honestly know how he is going to pay the bills… assuming Joe is able to keep his job. In the past, Joe managed to set aside about five grand per year because he foregoes expensive vacations and always buys used cars, yet he has seen the real purchasing power of the money he set aside ten years ago decline by 30% over that time… $1,500 of every $5,000 he managed to save has been confiscated via inflation and lower purchasing power. But the futility of saving doesn’t really matter much to him right now, because not only is he not going to be able to save anything this year, he may have to start cannibalizing what savings he does have. Joe starts to get scared because he just doesn’t know how he is going to make this work. He hasn’t done anything wrong, he is working harder than ever, yet he is drowning.

So how about it, Joe? Still think the system works to your net benefit? Just how long are you going to keep taking this? How much more CAN you take?


Joe may indeed be pissed. He might be mad as hell and isn’t particularly inclined to take it anymore. But here’s the problem: chances are that Joe doesn’t even know who he should be mad at for this. Depending on his previous voting history, he might blame one party or the other but he needs to understand that neither party is going to fix this thing under the present system. He might want to blame general groups like “welfare queens” or “greedy corporations” but he needs to understand that ultimately they both feed from the same trough- him and his labor, through the inherent wealth confiscation of fiat creation over time.

This is where, dear Turdite, you come in. Joe probably doesn’t quite understand the symbiosis between the Federal Reserve, big banks, and big government. He knows he is being screwed by the system in some way, but he doesn’t really comprehend that it is fiat money creation that is both causing his current difficulties AND is strengthening and enabling the Leviathan powers beyond his control to screw him at every turn. He doesn’t yet get it… but for the first time in his life, he might be ready to hear a few things and not dismiss them out of hand. Maybe, if you see him this Christmas, you can gently direct Joe to Mike Maloney’s series on money. Maybe you can buy him a copy of The Creature from Jekyll Island. Maybe you can just quietly talk about why these things are happening and how sound money acts as a check on both corporate AND governmental power, each of which is accrued at his expense. Who knows, maybe you can even sneak the word Liberty into the conversation.

Small things like this might just have a bigger impact than you can imagine. In his bestselling book The Tipping Point, author Malcolm Gladwell notes that social changes often take place with surprising ferocity, when an invisible but crucial point is reached that destabilizes the current paradigm. Everyone takes the status quo for granted… right up until the moment that a critical mass of people (nowhere near a majority, just a sizeable percentage) shift their behavior. Then a tipping point is reached and everything changes.

Gladwell notes three major factors that precipitate such tipping points. First, he describes the “Stickiness Factor”, referring to the power of a simple slogan or idea that distills the movement into a memorable and instantly comprehensible core. Additionally, he ascribes great importance to “The Power of Context”, outlining how such sweeping changes can take place only in an atmosphere fertile for change where people are receptive to new ideas or practices.

Finally and most crucially, he notes “The Power of the Few”. It doesn’t take many to precipitate a tipping point, but those involved have special skills that Gladwell breaks into three categories. Connectors are people who thrive on social information and interpersonal relations, and they have a unique capacity for making connections between large numbers of people with complementary skills. Connectors function as the social equivalent of a computer hub- they always know a guy who knows a guy, and are great at putting people together. Salesmen have the special knack for communicating a message and getting people to go along with them. Charismatic and persuasive, they are powerful negotiators and have an indefinable knack for influencing people to agree with them. Finally, Mavens are amazing repositories of information and knowledge. They possess a deep understanding of issues and facts, and are exceptionally skilled at solving problems.

It sure seems like we have a whole bunch of people who fit these descriptions perfectly, knocking around in the comments section at TFMR every day, doesn’t it?

Here's the deal: If the Great Keynesian Experiment really is in its death throes, if seventy years of malinvestment and easy money really are coming home to roost in a decrepit and dying system, then something is going to have to take its place. Maybe the motto “Prepare Accordingly” might not just be solely applicable to gold and silver investing. Maybe we should be out there trying to plant some memes and prepare some intellectual battlespace. Maybe we should do our best to talk to a few folks, if we have the opportunity. Maybe they’re ready to listen.

Hey, Joe.

. . .

Enjoy your holiday, my friends.

About the Author


Dec 23, 2013 - 5:13pm

Thank you for the article

Basically no one should be allow to create money, from a party, a state, or government = it always ends badly.
We should have a sound monetary policy worldwide. They can denied it for a while but people told me: "la bonne monnaie chasse la mauvaise" (gresham law).
My guess is fiat and money will soon adjust.


Merry Christmas

Dec 23, 2013 - 5:08pm


I just got a tube of 2014 Maples with no delay. I know Provident had a fire sale on Maples this past weekend and sold out pretty quickly.

The 2014 Maples look kind of funny. They, to me, were much different than the drawing of the new coins. They are definitely not as shiny. still four nines though!

Dec 23, 2013 - 5:03pm

Another fine effort Pining

The tipping point that is guaranteed is when people go hungry. 47 million people living on food stamps, funded by a government that has 220 trillion dollars in unfunded liabilities. This is a built in, guaranteed, signed, sealed and delivered tipping point. So the question is, is there time to do some Liberty Evangelism to bring about a tipping point, before widespread hunger, that will have a more positive outcome? I wonder about this, but in the meantime I keep trying. I have been talking to people about this for years, and some are starting to come around now and some are not.

I think Obamacare being such an early and epic disaster is going to offer a chance to turn the lights on for some of those poor and lonely souls like Joe. This is America! I like to believe there is still time to save the Republic, but those working to destroy it are working at a feverish pace. It is stunning, once you awaken to the lies, it is so in your face that it just pisses you off that everyone does not see it. Breathtaking!

Dec 23, 2013 - 4:40pm

Will China’s Buying Spree Eventually End Western Banksters’

Manipulation of Gold? Has this guy seen the writing on the wall?.....Methinks it likely.....as always, timing is the $64000 ? Snippet from article;

>>What happens when the gold and silver run out? The elites who own and run the Fed puts
the US into bankruptcy, [1933], declares a “bank holiday” by shutting down the U S bank
system and reopens a few days later under the Federal Reserve banking system. The U S
is gone. The Rothschild formula is now in control of the nation, the laws, the people.

The irony is China and Russia are not under the control of the central bankers, [yet?].
Neither country will play the Rothschild debt game. Neither China nor Russia will
surrender their gold in return for participation in a world banking system that will give
both countries unlimited amounts of fiat paper. China and Russia went in the opposite
direction and built up their gold reserves, especially China.

China told the Western banking cartel to keep their paper. That nation even went as far
as saying, “keep your Treasury Bonds, they are worthless. In fact, here, take them back
and give us gold in return.” If the Western banking cartel did not comply, China would
simply dump all their bond holdings onto the market and bankrupt the Rothschild
system.<<< https://www.silverdoctors.com/will-chinas-buying-spree-eventually-end-western-banksters-manipulation-of-gold/
Dec 23, 2013 - 4:38pm

What's going on with silver Maples?

As of last week, my on-line dealer had no wait to get Canadian silver Maple Leafs delivered. Today, they have announced on their site a 30 day delay from time they are ordered, til delivery.

Did the Canadian mint run out of silver, or are they just that far behind orders?

Dec 23, 2013 - 4:27pm


Something Ancientmoney said prods my thoughts today

So TPTB have their eye on our retirement funds in the US and elsewhere... If you want to crush the middle class, you have to take away their retirement. I can't see TPTB successfully just Cyprusing it out of our accounts, but I can see the government managing our choices (no more brokerage accounts), forcing us into T-bills as the rest of the world dumps them back in our laps.

We sell the rest of the world commodities while our retirement accounts are forced into low interest treasuries "to save the economy" and provide stability. We earn 3% while the inflation rate Weimars from its current 5-8% to heights unknown.

Now that would be a grand theft Bernanke would be proud of. Yellen will get the credit. I think you are onto something, ancientmoney.

Got gold? Got silver everyone. The postman came and went today without dropping off a heavy package. I just can't wait till that sub 20 purchase is in my hand.

Dec 23, 2013 - 4:11pm
Dec 23, 2013 - 3:55pm

@Igiveup2 re: fat guy slams bully . . .

"Until the fat kid picks up the bully and slams him to the sidewalk, nothing, and I do mean nothing, is going to slow them down. "


Who do I slam? How do I pick him out? I can think of a few bullies who could use a slamming (I use no names to protect the guilty):

JPM's CEO for one. Most every member of Congress. The owners of Jeff Nielson's One Bank. And the list goes on and on and on.

This would require a revolution, because to slam these bullies would require breaking existing laws on a large scale. Plus, the infrastructure is built to protect these bullies--they essentially own the lawmakers.

It will take a general awakening of some uncontrollable percent of people to start withholding taxes for the beasts at every level, as a starter.

Dec 23, 2013 - 3:49pm

@ivars re: state money creation . . .

"Why not move back to state issued money? That would be unconstitutional but would be fair?"


Actually, states can constitutionally allow debts to be repaid in gold and silver coin:

Section 10

1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts . . .

In fact, a literal meaning would be that states MUST require gold and silver coin be used to repay debt.

Dec 23, 2013 - 3:35pm

My view

I posted some of this awhile back on a previous thread. I think it was in the vault so not everyone saw it.

When I started this journey, I was convinced that spreading the word would make a difference. I have a lot of successful friends who I believed only needed to be enlightened to join the "army". After three elections cycles, grousing is as far as anyone wants to take it. Meaningful action just isn't something anyone wants to get involved with. It isn't just my friends obviously, it's nearly everyone.

TPTB enforce the parts of the Constitution that support them, ignore the parts that stand in their way and no one meaningfully objects. They eliminated interest income as a source of income for trillions of dollars of depositors and no one meaningfully objects. They escalate the take from the productive members of society and give more and more to the non-productive members of society and no one meaningfully objects. They spy on every aspect of our behavior and no one meaningfully objects. They enact health care reform which does nothing to fix the problem, adds to the cost, limits choices and nobody does anything meaningful to object. It goes on and on and on and on and on and no one meaningfully objects.

The lesson to the TPTB is that no one gives a shit. Until the fat kid picks up the bully and slams him to the sidewalk, nothing, and I do mean nothing, is going to slow them down. Right now, the fat kid just isn't scared enough to act.

Call me a cynic but I said this on this blog a long time ago, the time for educating people has passed. It is now time for making like minded people stronger.

Prepare accordingly.

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