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alstry (35.46)

It is not about Alstry, IT IS ABOUT THE SYSTEM

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May 11, 2011 – Comments (3)

All investors in America define their wealth and their lifestyle by the integrity of the American system.  Without the system functioning, few will have any sort of favorable lifestyle or meaningful wealth.

We are a specialized industrial system.  As such, not many are self sustaining... and without a functional currency, many will die by starvation or social unrest.

Time is running out for our system....the annual DEFICIT is approaching 2X the annual income tax receipts.  No nation in history has run a deficit anywhere close to this amount without destroying itself.

We are now on the brink of our specialized industrial system breaking down.  There is no freedom in a nation that bails out a few and lets the many fail.  More and more are calling BS.

Bill Gross is short treasuries and Jim Rogers is about to join him.....round and round she goes, where it stops no one knows....until our only choice is to fight our way out of this mess.

As an attorney, a very interesting question is what is the liability of the citizens for electing and permitting their politicians to bankrupt the nation?  What is the citizens' liability for  abborgateing their responsilbity to remain vigilant over their politicans and economic system?

If it is not with your pocket book, it will likely be with your life.

3 Comments – Post Your Own

#1) On May 11, 2011 at 12:34 AM, alstry (35.46) wrote:

THE AMERICAN INDUSTRIAL SYSTEM IS COLLAPSING RIGHT BEFORE OUR EYES

Jim Rogers Says He Plans To Short Treasurys As Soon As This Afternoon

State Pension Facing Trillion Dollar Deficits 

Postal Service Could Be Forced to Default on Fed. Payments

 

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#2) On May 11, 2011 at 11:22 PM, guiron (20.44) wrote:

Rogers sold Treasurys at the bottom, just as the dollar is showing strength. Now higher silver and oil margin requirements are driving down commodities as well as currencies based on them, further driving a dollar rally. Additionally, we have had several distribution days in the last couple months and are likely to see more downside on equities in the near term, which will not cause the dollar to drop. Jim Rogers decision to short Treasurys is a bit of an outlier here and seems based mostly on partisan politics. Anyway, good luck with that. I'm having much better results shorting the Aussie dollar and going long DX.

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#3) On May 12, 2011 at 1:00 AM, guiron (20.44) wrote:

Also, terrible jobs numbers from AU tonight, big AUS plunge. Looks like a short for now.

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