Thursday, November 11, 2010

RELIGION or POLITICS ---HEADS UP, PEOPLE ....

Sorry, folks, I just got caught up on a few personal things yesterday and  didn't get my blog off, please forgive me.   thanks.       NOW PAY ATTENTION HERE THIS IS SERIOUS.  To repeat ------
"BAD THINGS HAPPEN WHEN PEOPLE THING THEY WON'T".

George Soros, the multi-billionaire is the power behind what is happening. He put the Bank of England out of business along with three other currencies around the world and he has now dedicated to doing the same thing with America and the dollar.. Huge inflation will be the results, and you won't believe what you will pay for stuff, like $23 for a quart of milk, and $18 for a loaf of bread.  Ya think it can't happen, then you deserve to live it, and guess who Soros's errand boy is?????????.  Hey you have the right and opportunity to respond to this, so do it. I'd like to hear from you, or you, or you. READ ON.


Unbeknown to most investors, the Obama administration is quietly planning to devalue the U.S. Dollar even MORE. The decision has been made . . . And it's working.


Obama adviser Warren Buffett accidentally revealed in a recent CNBC interview what the Administration REALLY has planned all along.

Buffett told the interviewer that the United States will do what
Every other country has done when faced with huge obligations

And decreasing revenues — inflate (devalue) the currency!

The reason is simple.

The Democrats have waited nearly 30 years, ever since Ronald Reagan was elected, to begin spending money on social programs again.

They're not about to let a global economic wipeout stand in their way.

Deliberately devaluing the U.S. Dollar will make U.S. Government debt obligations less onerous, American exports relatively cheap, and rally the stock market.

There is only one problem with their plan!

By causing inflation to soar, it will wipe out the life savings of generations . . . And destroy the U.S. Economy for decades to come . . .

Dollar Devaluation Is a Done Deal

The Destruction of the Dollar,

When the market crashed more than 18 months ago, the dollar strengthened significantly. Investors worldwide fled to the greenback. Hundreds of billions of poured into the United States.

But all that ended quickly when Barack Obama took office.
Once Obama and congressional Democrats began handing out trillions of dollars in bailouts and posting record deficits, the confidence of world investors was badly shaken. The value of the U.S. Dollar began plunging.

Since taking office, the Obama administration has increased the monetary base by a staggering $10 trillion (see chart below). In less than a year, it managed to DOUBLE the expected annual budget deficit to almost $2 trillion.

The result was predictable: The stock market rallied . . . But the once mighty dollar has PLUNGED against foreign currencies.

That's WHY Warren Buffett, for the first time ever, shifted more than 20 percent of Berkshire Hathaway's portfolio outside the country and into non-dollar assets.

This estimate does not include companies he holds, such as Coca-Cola, that draw huge portions of their earnings from abroad.

Inflation Is About to Wipe Out the

Stock Market Gains of Recent Months!

These are dangerous times. If you have spent the past 10 YEARS investing in the Dow Jones Industrial Average, your investments have lost money — a lot of money.

Since the market hit its historic 2007 high, stocks have plummeted. In March of this year, the Dow hit a new decade low of 6,547 — a drop of more than 53 percent from the high. The market has rebounded since that low but remains down nearly 40 percent.

But here is what should really have you worried!

The recent stock market rally was fueled almost entirely by the MASSIVE infusion of $10 trillion in borrowed government cash, according to our analysts.

All that government borrowing has boosted the market but will trigger inflation that the United States hasn't seen since the 1970s.

If the stock market during the next two years rises by more than 8 percent a year but real inflation hits the U.S. economy at more than 10 percent, investors will experience negative asset value.

The same thing has happened with the socialist-controlled Venezuelan stock market, one of the few stock markets in the world doing well now. When you factor in that country's skyrocketing inflation rate — now averaging 30 percent! — investors in Venezuela are losing their shirts.

Obama Is Making the Same Mistake As . . .

Twenty years ago, Japan was one of the richest countries in the world and had one of the highest standards of living. Everyone was talking about "Theory Z" and the Japanese state-controlled approach to business.

Then, in the 1990s, the Japanese asset bubble in stocks and real estate went through a crash similar to what we are experiencing now.

Rather than use free-market approaches to address the problem, Japanese policymakers did many of the same things the Obama administration is doing today, such as keeping interest rates artificially low, spending heavily — and deliberately devaluing the yen to spur exports.

The result: The Japanese economy has NEVER recovered. The Nikkei, the Japanese stock market, plummeted 86% — and is STILL down 75% from its historic high. Today, the Japanese rank 24th in the world in per-capita income, according to the International Monetary Fund.

Finally, a point you must remember. Obama"s Trillion-dollar health plan ... It's driving investors away from the United States. And it's only the beginning. So again, WAKE UP, REALLY WAKE UP.

Hey, this is all for today and it is only the beginning to what is coming, stay tuned.    Cheers.   CJ

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