Friday, June 27, 2008

Dollars, Oil and the Big Wipe Out

This is one of the REAL reasons why Bush & Co. went into Iraq, and are now threatening to go into Iran. They want to maintain American hegemony over world oil production. But it's not going to work. They really needed to raise the interest rate to save the dollar, even though it would be at the risk of severely hampering the American economy. But now, the dollar will continue to plummet in value, and the American economy will still be destroyed in the long-run (which isn't that far away these days). Check out this video below to hear it straight from a media source outside of the mind-numbing American mass media propaganda machine.

Dollars, Oil and the Big Wipe Out

Thursday, June 26, 2008

Bloomberg.com: Worldwide

U.S. Stocks Tumble, Sending Dow to Worst June Since Depression

The above article is confirmation that there are tough times ahead for all those who insist on investing in the stock indexes. The American stock markets are all in bear markets. There is too much spendable media (i.e., Federal Reserve Notes and similar monetary aggregate) in the system, along with unserviceable levels of debt. Consumers are in too much debt, all whilst losing their jobs and income levels in ever increasing levels. Investors and anyone else who is exposed to these risks needs to hedge against these financial hazards.