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Robbed Blind by A Lipstick Wearing Pig

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posted on Nov, 18 2009 @ 11:45 AM
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"No one in this world, so far as I know - and I have searched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people." ~ H.L. Mencken

Each and everyday I'm amazed by the sad amount of truth held within this statement.

I've totally shunned TV, I have no cable, no dish, I've deleted every mainstream news source from my iGoogle RSS reader and I am now weeding out what I once considered to be the best 25 economic blogs.

Let’s visit the many ways that we are being robbed by the pig wearing lipstick.

Confusion and sexing up the ugly:

Today, on a blog I used to hold in high esteem was an article entitled "Who's Afraid Of a Falling Dollar?"

Me.

That's who.

And it should scare you also!

First we need to take the lipstick off the falling dollar pig and understand what it means. If you have $100,000.00 in your account and the dollar falls in value that $100,000.00 might buy you only $25,000.00 worth of assets.

Would you put your money in a bank that offered you a falling balance? Open an account today with your life savings of $100,000.00 and tomorrow your balance will be $25,000.00.

The incredible part about the article is that it was written by a senior fellow at an institute that is trying to save Social Security.

Sorry Grandma, your $500.00 Social Security check that used to buy you a month's tuna caught by Japanese fishermen had a really bad fall and now you'll have to eat saltines all month long.

No more tuna for you.

"A lower dollar is good news for US exporters and foreign importers and bad news for foreign exporters and US importers."

Really?

Well bad news here. We import 2/3rds of our oil.

Sorry, when you fill up your SUV with your falling dollar you are now on the cusp of bankruptcy because that dollar had a bad fall and only buys 1/4 the amount of gas it used to. When you go to the store and purchase food that has been shipped a minimum of 1,500 miles and farmed in a petrochemically dependent fashion you’re going to be in the same line as Grandma buying saltines.

Bon appétit mon ami(e).

www.silverbearcafe.com...

Very good article which exposes the stupidity of "today's experts" who keep claiming that people shouldn't worry, that the market will fix itself, and that the depression, and yes we are in a Depression, and the economic crisis is over, or will soon be over.

I don't know exactly what it is that some people from round the world, and this is not happening just with some Americans, actually think this way when it should be obvious to everyone by now what is going on, and the dark road that lies ahead of us since nothing is really being done to solve this problem.

We even have had some members, such as xmotep, claiming a couple months ago that because of a slight increase in the markets that "the economy is now in full recovery", which he was doing nothing more than regurgitating the same lies that those in power keep telling people, sorry to say.

They should have allowed from the beginning the "too big to fail" to actually fail...that is what, and how a free market works, and not this nanny state, and nanny one world government which is being set up as we speak.

I guess those in power, the Socialist elites, know that the mayority of the population in the world are too ignorant to understand what is going on, even though all you have to do is look at the last Depression of the U.S., when unemployment was at about 25% and today's unemploment in the U.S. is at least 22%. Not to mention the problems which we have witnessed all over the world which were cause by the so called economic crisis in countries like Iceland.

Even though we do get the harebrained ones that once in a while claim, even at this hour into the problem, "the markets are recovering well" all you need to do is take a look at the amount of home and business foreclosures just to realize that "there is no recovery underway." But I can bet you that you are going to have one or two people/members rgurgitate the lies we are being fed about the economy, and the markets.

It should be obvious by now that the "game" of the Socialist elites was, and still is to allow for the economic crisis to worsen, just so that the Socialist elites will come up with a plan of A New World Order, and One World Government that will solve all the problems we have...



[edit on 18-11-2009 by ElectricUniverse]




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