Saturday, July 12, 2008

The Biggest Transfer of Wealth in History

If you have questions about what is really going on with our economy, I would suggest you to TURN THE TELEVISION LIARS OFF and read some articles on the daily reckoning by Bill Bonner. He is witty, knows how this s%^T works and feeds it in an easy to read format. If you don't understand what he is saying, I'd suggest you find someone to explain it to you.

"With the advent of such enormous amounts of debt and credit, all of the heads on Wall Street seem to be rocking towards the East. Why? Because they've got all of our money."

*** The importance of being nice…a currency without purchasing power OR staying power…

*** America's reaction to the energy squeeze…the folly of an old American conceit…

*** A long way from "capitulation territory"…an election question from a well-meaning friend…and more!

Read the article here

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