Pages

Friday, 30 October 2009

IF you BELIEVE..............from Rico

Just three "headlines" from the close of business today:
"Is the recession really over?"
"Economy returns to growth after deep slump."
"Economy rebounding."

IF you BELIEVE headlines like these...you'll believe anything, like "hope" and "change" and magic unicorns, and probably voted for Dear Reader Obama. Moron.

This is a mere distraction, hype, a voice from behind the curtain (don't LOOK behind the curtain, mind you), so you won't 'notice' that the dollar is tanking, and HAS been tanking. Of course the cheerleading squad for Team ObaMarx (the...chuckle...media) carefully avoids the big picture...the macro-view, so as not to spoil their chances to fulfill their man-crush fantasies with "The Won."

Look at the charts. Decide for yourself. Things are "looking good" right?
- A higher equities market means more money, right? More money that is worth increasingly less is not a very good deal, sparky. The policies of the government amount to a 'stealth' picking of your pocket...giving you pennies on the dollar. Saving for a rainy day does appear to return pennies!

If you like the idea, I'll gladly pay you a dime (or can make that a nickel, look how much bigger it is than a puny thin dime) for every dollar you give me and do it all day long (so I can go and buy Swiss Francs or Chinese Yuan).


No comments: