Is Cheney betting On Economic Collapse?, page 1
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Topic started on 28-3-2008 @ 09:47 AM by JanusFIN

Is Cheney betting On Economic Collapse?


www.rense.com
Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar. So, while working class Americans are loosing ground to inflation and rising energy costs, Darth Cheney will be enhancing his wealth in "Old Europe". As Blackburn sagely notes, "Not all 'bad news' is bad for everybody."
(visit the link for the full news article)


reply posted on 28-3-2008 @ 11:48 AM by deadboi
reply to post by TruthWithin


No, buying foreign bonds is not a treasonous act and is quite common among investors. It may be considered treasonous if you were to purchase bonds from a country you are at war with, but that is just a guess.


reply posted on 28-3-2008 @ 12:09 PM by deadboi
reply to post by proteus33


If he was involved in organizing events that would lead to the collapse of the American economy then yes it would probably be considered treasonous, again I'm not a expert but it seems like a reasonable assumption.

How he chooses to handle his personal assets is his own choice. As I said before buying foreign bonds is totally legal with the possible exception I mentioned before. If he was using his personal assets to purchase or fund illegal goods or services then it would be criminal or treasonous depending on on what it was he was purchasing.

[edit on 28-3-2008 by deadboi]


reply posted on 28-3-2008 @ 12:15 PM by kelbtalfenek
That story is based upon an article written in May of 2006.

www.kiplinger.com...

Are Dick Cheney's Money Managers Betting on Bad News?
A look at the President and Vice President's financial disclosure forms.
By Steven Goldberg
May 17, 2006


Now had it been a byline from 2008 I might be more...ahem...easily led to believe that there was/is an impending collapse.


reply posted on 28-3-2008 @ 12:17 PM by JanusFIN
reply to post by deadboi


Our politicians gets accusations, but none of those did ever seen the court because their condemned acts. So, probably its legal.

But does that go with ethics? Isnt that so easy to condemn as miss trust to their own works? I say, yes. In public office you should put that to aspect as well... But does Cheney has that human voice inside of him, what we call conscience? I doubt about that.

After seen that first Iraqi children molested, brutally raped and killed, after been bombed and kidnapped, I would call my all boys out to training camps. But he didnt do that. He still sleep his nights well, and he still not ask their forgiveness from his innocent victims.



reply posted on 28-3-2008 @ 12:21 PM by JanusFIN
reply to post by kelbtalfenek


Wasnt that the time, and dollar/euro was still something like 1,25 and now its 1,60? I see a good profit % ... Year or two is a short period in own political programs.


reply posted on 28-3-2008 @ 12:28 PM by kelbtalfenek
Originally posted by JanusFIN
reply to post by kelbtalfenek


Wasnt that the time, and dollar/euro was still something like 1,25 and now its 1,60? I see a good profit % ... Year or two is a short period in own political programs.


I agree that it isn't a long time, however this is not "Breaking" news. It's two years old, and if Rense is just reporting on it, then they're way behind the times, and doing what they can to create more distrust and panic. JMO


reply posted on 28-3-2008 @ 02:11 PM by deadboi
Originally posted by JanusFIN
But does that go with ethics? Isnt that so easy to condemn as miss trust to their own works? I say, yes. In public office you should put that to aspect as well... But does Cheney has that human voice inside of him, what we call conscience? I doubt about that.

I do not disagrees that Cheney is a shady character. But any good investor or farmer knows you do not put all your eggs in one basket.
Vice President Cheney disclosed a portfolio worth as much as $94.6 million in 2005.
Washington Post


Having a portion of that in a foreign currency is not unethical, it's good practice.


After seen that first Iraqi children molested, brutally raped and killed, after been bombed and kidnapped, I would call my all boys out to training camps. But he didnt do that. He still sleep his nights well, and he still not ask their forgiveness from his innocent victims.

This is both argumentum ad misericordiam and ignoratio elenchi, therefore I have no comment.

To both kelbtalfenek and SlightlyAbovePar:
Good catch on the age of the story and their unprofessionalism.

reply to post by SlightlyAbovePar
I was unaware of the President and VP being blinded to their finances during their term, but it makes good sense.

Your absolutely right, his financial managers are first and foremost responsible for protecting his assets and growing his wealth. If that includes buying European bonds, which have been the big talk the last couple years, then that's where his money is going to go.

[edit on 28-3-2008 by deadboi]
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