Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

Monday, October 6, 2008

The US Currency is being Dropped by Helicopter

Here we are today and the DOW drops below 10,000. This is the first time it has happened since 2004. WOW!  With the bailout of $700 bln that was approved by the Senate and the House, you would think it would solve the problem. NO! Why, because the problem is systemic.  I believe what they have done and are doing is passing out the life rafts to the crew and the rich.  Do you remember the movie "Titanic"?  What happened when the Titanic hit the iceberg?  Nobody, none of the passengers (the US citizens) really knew what hit them.

Usually the response by the crew (US government) and the rich (Wall Street greed and the very wealthy) is...minimize the damage and go along as if things will turn out alright.  According to the poll I have heard the Senate and the House voted for a bill that 9 out 10 Americans disapproved of.  Now, tell me if the system of government is NOT Broke?  When those in Capitol Hill cannot listen to the voice of the people, there is something drastically wrong!

You can expect the Federal Reserve to begin dropping boat loads of money from the helicopters. Why? Because the solution from the US government is not take the pain with the proper medicine, it is take an aspirin to ease the headache.  When are WE as a nation going to wake UP?

The hypocrisy is all around us! We are like alcoholics denying the problem and hoping that there will be some close relative to admit us to the Betty Ford Center.  If we are lucky, we may take this way out, but as it looks like now, we will deny the problem and continue to follow Helicopter Ben Bernake's solution - print money out of thin air!

For those of you who are reading this blog...buy, BUY NOW, while it is low enough Gold and Silver.  However, for those of you who do not have that much money such as the many passengers that died on the Titanic, buy Silver, here is the reason why?  Read this link. The reason why is because Silver is MORE RARE than Gold, yet it is much lower in cost.  Let me repeat this again - SILVER is MORE RARE than GOLD! Do the research here is an article by one expert Ted Butler - here is the link. Here is another link.   

So, if the US Currency is being dropped as though from a helicopter by the Federal Reserve Chairman, Ben Bernake, where would someone hide their money to allow their wealth to be preserved?  It is a simple answer - HARD ASSETS that are TANGIBLE!!! Assets such as real estate, jewelry, gold, silver, and anything that would preserve the falling dollar from helicopters that are dropping this money being made out of thin air.

Eventually, when the masses come to the knowledge of the truth.  They will come to the conclusion that the US dollar is no longer the reserve currency of the world, but has ended up like previous world powers, spent on mismanagement, greed, and disregard for the people who know not what to do.

It is my hope as others read this blog...they will wake up and arise, and do something to preserve their little wealth that they do have now.  Meanwhile, where there is doom and gloom there is opportunity for the entrepreneur who can see a silver lining in the clouds of darkness.

While the money is being dropped from helicopters, be sure to purchase a parachute so you can have a safe and soft landing, because your  (America) money, the $700 bln dollars bailout is going to be given and kept by the people who will have a golden parachute.  Yup! That's right!  They may say it is for the working Americans and small businesses, but the truth is, I believe, that they will receive a token amount while the Wall Street's brain child will hoard and keep the money to get on the life rafts and use the life vests such as what happened in the "Titanic", where the rich  and the crew saved themselves while the rest drowned.

Wednesday, October 31, 2007

The Economy and the Fed Decison Today

I have been reading about the economy how it works, how the Federal Reserve attempts to affect it in the best way for the good of the people (or for the good of its interests?). It was for the people, I think the economy would be better for the lower middle-class and poor. But, I have become a skeptic in recent years as I begin to do my research.

As I write this the Fed Chairman, Ben Bernanke with those who have power on monetary policy will make a decision. As I view this all, it is a BIG game. I almost think of this whole economy as the story of the king who walked around naked and whereas the people acted as though the king had some fantastic new clothing - everyone (the king's subjects) thought it was grand, splendid, and spectacular. However, there was one young child who flat out said, "The king is naked!" Ho hum, as people contemplated what the child's expressed, they realized that the blinders were slowly being lifted, and they recognized that the king was really naked and the clothing the people thought was grand, was not really there; they could see with their eyes that the king was truly naked as the child mentioned.

There will be a time that the masses will no longer be fooled! There will be a time, in the not too distance future, that people will realize that the great fall of the US dollar is imminent! Will America, as we know it, be the same, never again after such a tragic encounter. America, the people, the good people are resilientl; and I am confident in the people NOT the government because they, along with the circumstances that have prevailed has place good, honest men/women in a position to make it appear that the king has clothing that is grand, spectacular, and exquisite.

I believe that Feds will do what they need to do today (Weds., Oct. 31st). It may be an irony when they (the Feds) make their decision on Halloween - hmm?

Anyhow, the economy in America is sick, very sick; although many of us in the US act the same when we get a cold. We do not rest, or take the necessary measures to recover. We have, not only a cold, but a walking pneumonia, that will either bring us down hard and fast, or slowly bring us to a deep crisis that we MUST AWAKE and do the right thing! WE must prepare those of us who know this, and let the others drown as if Noah was entering the Ark, and the flood is coming - all the warning will do not good because the mentality is - all is well!

This is all written in one sitting, so if it make sense, then I am glad. If it doesn't then I will come back an edit it after I review it later. But, I want to post this now because as many experts behind the scene has been talking, these voices are only an echo behind the noise when it comes to the Austrian school of thought in Economics. The interpretation and sophistication of our US Government has allowed the jargon to be so convoluted, that as an educator, how can the masses whose reading ability is between a 4 to 7 grade level, understand what is going on in the economy.

May God bless us who are prepared, and may God have mercy on those who are not, and may God be just to those who are manipulating and outright dishonestly stripping the wealth of the American People.

On a final note, in our US dollar, it states, "In God We Trust" - I can actually and wholeheartedly agree with this statement when we refer to the good, honest, and down-to-earth people of America, who believe in the God of Israel, Jehovah of the Old Testament, Jesus Christ of the New Testament; but when we refer this to those who mock our creator and the multitude of blessings that he has pour out upon the United States of America, by devaluing the currency and the mismanagement and corruption of the wealth of the hard working people in the US, "In God We Trust" are only mere words that does not matter to them whether it is printed on the currency or not.

God will not strive too long with a currency that has his holy name backing it. God does NOT deal with men in such a way to mock his holy and sacred name.

The economy will be corrected and the correction will be of grave suffering to the people who have not prepared. The doors will close to the 5 of the 10 virgins who did not have their oil ready.

Followers