Showing posts with label lou dobbs. Show all posts
Showing posts with label lou dobbs. Show all posts

Wednesday, March 19, 2008

Jim Rogers Warns Of Fed. Induced Dollar Disaster.

This has been a topic that refuses to go away, every time I check the financial markets, turn on CNBC, listen to Glenn Beck, David Walker (GAO) or Lou Dobbs the message is always alarming. The most upbeat and positive commentators are now beginning to have a hard time with this issue, even after they paint the best economic picture they can to keep our hope alive in America the continual burden of "in your face" problems and bad news is widespread.

Jim Rogers is the latest hard hitter and brilliant economist to step forward and say "enough is enough" let the banks "fail." The Fed in his opinion has not only removed any and all consequences of their banking friends egregious criminal actions but has gone further and sweetened the deal with taxpayer printed money totalling in the hundreds of billions. This not only saved the big banks, but entitled the top brass at those institutions to keep their multi-million dollar bonuses, lucrative personal empires and guaranteed their future employment in the next generation of investing, banking and lending.

Rogers has called for the Federal Reserve to be abolished, and said that Bernanke was not elected by anyone but has taken matters upon himself to spend billions of taxpayer money... your money without your consent. Well how is it your money their taking? After all there is no one at your house or in your bank accounts right? Wrong! You are paying at the gas pump, you are paying through your property taxes, you are paying at the supermarket, and you are paying in your retirement accounts. Essentially they are stealing the value of your money by printing more of it as fast as they possibly can making it worth less under the basic principle of supply and demand.

Watch the video today it is yet another dire warning from a notable market expert and American investor concerned for the only thing left holding the middle class together in America... "The Almighty Dollar."

Thursday, March 6, 2008

Lou Dobbs On Freedom Radio Today

Lou Dobbs is one of Americas leading advocates reporting on the shameful, and unbelievable political policies that render America insecure. In the wake of the 9/11 attacks, our government created the Department of Homeland Security, of which combined all U.S. intelligence for the benefit of our safety and national protection.

Lou Dobbs has said that America has yet to act in a manner that would actually protect America. Our shipping ports are wide open, with containers left largely un-inspected, our border is still wide open with the daily influx of drugs, human trafficking issues, murders, and military incursions by the Mexican government into America.

America has done more to protect the borders of Iraq, than our own country, and just this week week NYC has come under fire. One of NYC first apparent terrorists attacks was against an army recruiting center, a clear sign of the sentiment in America.

As our economy this week continues to slide and the rich get richer, the US Dollar continued to dive. Gold and other precious metals surged to all time extreme highs. There are ominous and eerie signs that something is wrong in America. This is evident in the lives and faces of plain people who have not a clue about their future.

Middle class Americans have been especially hurt and burdened with conditions likened to those of the 1970's depression. Some Yahoo polls fear that this current slide is not over, that our leaders regressive trade and national debts practices are working like a "two headed" snake fighting Americas greatness. The next decade will mark the path of Americas future, whether we fall, or like a phoenix "rise from the ashes" is entirely up to how bad Americans, like me and you, want to save our country.