Harmonious Happy Talk Abounds
by Roger Roger Wiegand
We say its time for truth-telling and know
exactly where to find it. I have been blessed
having numerous good friends and knowing some
very canny analysts in this business that refuse
to sink into the government’s media-driven
Pinocchio land. These are professionals, and I
like to count myself among them, that present
excellent opinions derived from reality found in
realistic fundamentals and technical work. We
will not sugarcoat daily news as regularly
force-fed to a majority of Sheeple investors.
Harmony and happiness is a good thing but not
when it’s rigged, phony and biased, dumped on
innocent by-standers trading and investing with
their life savings.
Fascist-Socialists And Unbridled Welfare
This phase sounds like a pretty wifty expression
representing dissimilar descriptions of our
current political system. The fascists are
typically expected to be from the extreme right
engaged in a merger of state and business
leadership picking clean the Sheeple’s bones.
The leftist socialists hold political power and
use it to control the production of goods and
distribute them with a welfare-style agenda.
What we see today in American government is the
worst of both worlds.
The current administration and in reality some
before it, have an unnatural cozy union of
corporations, The Federal Reserve, New York
Banksters and The U.S. Treasury all believing
fiscal-monetary incest is best when mutually
practiced among this nasty cabal of thieves.
Along with this dubious gang are their minions
and allies including think tanks, union leaders,
educational institutions and variety of other
alleged philosophical hangers-on desperately
seeking to grab goodies from the poor and broken
taxpayer honey pot. They just love to tell us
how to live and how to take our money and spend
it where they see fit. You are told to simply
sit down and shut-up. If you don’t like; it
that’s too bad. Be careful as the bureaurat
thought police are watching and will correct
your thinking for you as you cannot do it
yourself, your being so stupid.
Our founding fathers had the wisdom to foresee
these evolutionary events and were determined to
stop them using language within the United
States Constitution and Bill of Rights. Problem
is our current pack of criminal jackals have
basically renounced these precious documents and
taken the law into their own hands. Justice is
for the rich and the rich are connected to the
We say Socialism is a rampant, degenerative
social disease more wicked and evil than most
envision. Fascism is the tool, which apparently
slipped into American government when they
married Big Business years ago as told to us in
the book “Economic Hit Man.”
The voices of freedom in America remain strong
in our view and we all know who they are and
from whence they come. However, being the
pragmatic practical person I am; I think it’s
too late to stop the forces of evil as they’ve
run our beloved USA and global finances into the
ground. The US Dollar and bonds have long ago
left port and cannot be saved. They are sinking
into this sea of Fascist-Socialism morass.
Chopper Ben and Timmy the G. are grossly engaged
in an orgy of bond and dollar origination
burying the entire world. As the dollar is a
reserve currency for 85% of the world-the world,
to put it bluntly, (here comes more truth again)
is screwed. These economic-monetary village
idiots have obviously been reading too much FDR
and somebody’s else’s Manifesto.
We are into being very positive despite our
regular rancorous rants on these topics. This
one however, leaves no hope it seems to us,
until it all blows-up in a cacophony of failures
and repudiation of bad debts.
Germany went through it in the early 1920’s and
survived. Not only have they learned these hard
lessons but are trying desperately to not go
there again. We say today’s Germany is dragged
down by the USA’s stupid impudence and
imprudence as they are part of the world global
financial system, too.
Here Is A Nasty Dose Of Truthful Reality
American consumers are the driver of the USA’s
economy and they are toast. Not only that but
the administration is determined to bust them
down even lower with a myriad of taxes in a
greedy let’s take everything.
The United States of America is bankrupt. And
not just a little bit either. We are without a
doubt in the fiscal sewer.
Middle Eastern Wars are bleeding the Treasury
dry. Even drier if that’s even possible.
There is no leadership from the adolescents in
Washington and not just the president either.
Our congress is beyond pathetic. In this absence
of any leadership, America is on the rocks and
totally out of control.
Obama shouldered aside Israel in favor of his
Muslim friends and now Israel must go it alone
against Iran and they will do so in a last-stand
self-defense. Hello $300 crude oil as the
Straits of Hormez is blocked.
The Asians including China, Japan, Taiwan, Korea
and India have had up to you know where being
choked on American toilet paper known as US
Dollars and Bonds. Adios USA government
financing. These buyers are running away in
There are 34 million Americans on food stamps
and this number is rising so fast many are
starving before they can get the approvals for
Bank failures in the USA and other parts of the
world appear like dandelions in your summer
lawn. By the end of 2009 and into the first
quarter of 2010 we’ll see over 1,000 of them
with numbers climbing unabated.
Cash for Clunkers was real clunker. One out of
four auto buyers using this program is having
buyers remorse as they just signed-up for so
many new payments they cannot afford.
The geezers getting social security were told
this week that in 2010 they will not receive any
COLA or cost of living adjustments in their
pensions. We suppose if Obama cannot kill them
off fast enough with the death panels he can
starve them to death using a Social In-Security
Medicare, Medicaid and Social Security funds are
drowned in red ink. Soon it’s every Geezer for
him or her self.
The Fascist-Socialist force-fed stock market
peaks next month just after the cabal sells into
strength. This will not be a very happy day.
Hello crash city.
But wait, after the fall crash, the cabal will
pump it up again from October 31 and on into
2010 with a massive, feverish, infection of
inflation. Then they’ll pat you on your little
Sheeple head and tell you come on down and buy
some more shares. As the shares water is so
obviously warm and fine.
Those best-selling economist fiction writers
tell us GDP will be +4% next year and we better
be worried about when Benny raises interest
rates. Let me tell ya; the rates will not be
raised as this would blow-up markets in seconds.
We’ll go into inflation; then hyperinflation and
then presto all our mutually-assured weapons of
debt destruction can vanish in a puff of
loser-vapor. Then these naughty boys can do it
all over again. After all, they got your TARP
tax money from Paulson and the Kids. They’ve got
the vigorish for funding and implementation of
new wild and reckless markets and trading.
All governments federal, state and local are
going broke. Taxes must be increased so the
government employees can keep their standard of
living which is 150% of yours; you stupid
Housing, the other consumers’ economic engine is
fried. Sure foreclosures are switching ownership
chairs but reality says we get a minimum of 3-5
more years of disaster with a valuation national
average being -30% lower.
One-third of USA manufacturing capacity is idle.
The good jobs have been shipped overseas. We
can’t bring them back as even if we did
consumers cannot afford to buy USA manufactured
products. They are broke and going broker. Watch
for one-half of all US factories going idle and
the rest on part-time work days. Enter stage
left The Great Depression Number Two. FDR would
be wetting his pants with unabashed glee.
Financials crashed in fall 2008 with Lehman.
Recovery began with TARP May, 2009: During this
month of August, 2009 we’ll have more of a dead
cat bounce ahead with a big smash in
Mid-September. While precious metals and their
shares are off this August 27, 2009, for the
intermediate term (beginning next October 31)
the trend reverses and moves to rallies.
Keep in mind, if you own paid for stuff it will
most likely remain in your hands; not in
somebody else’s. That includes gold and silver.
Do not get tangled-up in daily noise. Keep
studying the larger view and buy precious metals
after each profit-taking correction. Headwinds
are building into an economic hurricane. Take
care of business right now. My dire fall
prediction might surprise us and arrive earlier.
Time is short.
Personally, I can see unbelievable opportunities
to trade that we would never see again for many
years. Turn these problems into opportunities.
Those on the right side of the trade might get
rich. Those on the other side are just victims.