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alstry (35.57)

Was Ben Bernanke's Statement a DECLARATION OF WAR?

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November 04, 2010 – Comments (4)

We are a MASSIVE TRADE DEFICIT nation.....our number one and number two exports by container volume is waste paper and scrap metal respectively....or trash.

The primary asset we have for trade is our currency.....and the integrity of our currency....especially as a NET IMPORTER.

Basically, Bernanke is telling the world, and China and India, to Fu*k Off.....we are simply going to print money and you better accept it in exchange for your products.....whether you like it or not.

Because if they don't accept it....Americans will not be able to consume.....and since 70% of our economy is consumption...if we can't consume, we don't have an economy......and if we don't have an economy, with hundreds of millions of hungry Americans running around, and a equal number of guns.....we have a very serious problem domestically.

For the past three years I have been chronicaling Benny the B's Zombulation policy and its effects...I told you to prepare, don't fear....and in the process....

we have increased Food Stamp recipients from about 10 million to over 40 million.....

over 30,000,000 Americans have lost jobs and many are no longer counted

and our pension funds and banks are essentially bankrupt but for fraudulent accounting.

At high levels, the problems are well understood......the question is how to resolve them.....

historically, going to war when your nation is broke has always been the easy way out for policiticans....as it focuses domestic problems externally and puts the population and economy under control.  Based on Bernanke's comments, it appears that is the direction we are going as we are telling the world to go to hell.....

It is not the end of the world....but simply the end of a world as you know it where the ticker will no longer be relevant for a while.....and if you think this will be a layup victory for us like the TV wars we are fighting in Iraq or Afghanistan......you may want to reconsider your thoughts.

4 Comments – Post Your Own

#1) On November 04, 2010 at 12:29 PM, alstry (35.57) wrote:

By the way...if this was being run on the Alstry playbook.....

What I would do is run up the market for a while to make the people think things are improving...even though fundementally conditions are deteriorating..then create or rely on an unexpected event to pin a change of course.......

FLASH......

You can only have a rising stock market and deteriorating fundementals for so long before you population revolts.....anyone remember the dot.com crash or housing crash.....the press, media, and events were very similar to what is occuring now.....

EXCEPT THIS TIME IT IS OUR ENTIRE ECONOMY AND SYSTEM

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#2) On November 04, 2010 at 12:35 PM, alstry (35.57) wrote:

Update on the Z Meter:  RISES TO 81

Oil Breaking $86  Dollar Crashing Below 76  Rapidly Rising Unemployment

0________________________________81____________100

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#3) On November 04, 2010 at 12:54 PM, alstry (35.57) wrote:

It's coming.....as you watch the ticker.....

China says flood of dollars could spark new crisis

Aussie Hits New Multi-year High Versus Greenback

Who benefits if the costs of everything we pay for skyrockets and wages crash?

Jobless Claims Turn Higher...

Low wages....high costs....welcome to Benny The B's Freedom.

and we havn't even addresses bankurpt pensions and fruadulent accounting of our banks

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#4) On November 04, 2010 at 1:49 PM, Jbay76 (< 20) wrote:

+1 rec

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