What Kind Of Fool Would Recommend Municipal Bonds????
I have to admit, the Alstry project has been an interesting ride. In a world where the world is bankrupt.....what is the safe area for investing?
Some Fools recommend municipal bonds despite the fact that municipalities face the most serious finanical crisis in American History.
Others recommend gold and silver. Yours truly has suggested dollars with some metals as a hedge.
In the end....when the world is bankrupt, no one really knows what is safe. Moreover, no one really knows what is fact and what is fiction.
When you have a Fed governor tell you sub prime is contained just before we have a mortgage meltdown, you know we either have an incompetent Fed governor or a liar....especially since the Alstry project and others were telling you that mortgages were about to collapse. When we have bankers tell you their banks as sound just before we have a finanicial collapse, you know we have something strange going on especially when the Alstry project and others were warning you of a pending collapse.
Now we are on the brink of the final collapse, the mother of all collapses, THE GOVERNMENT COLLAPSE, and this one will occur all around the globe.....and most likely, at about the same time......and just think, some Fools are recommending municipal bonds in this environment.
In the end, you will soon find out we have all been scammed.....sorta like we are all Madoff's clients. The world is broke....and in America, without extracting more money through taxation, our governments will collapse....the problem is there is not enough money to meet government's demands.
Greece, Dubai, Iceland, Ireland, England, Bulgaria, Ukraine..................
In the end, it is my sincere belief the world is preparing for a brand new currency.....one backed by digital cap and trade credits and NOT metals. Will metals have any value....who knows??? Will private property exist in a Cap and Trade world....not likely.....we will likely morph into a leased based society where the world soverign will control ownership of assets.
Japan revises down Q3 GDP growth to 1.3% vs 4.8%........really does it matter any more. Practically everything is operating at a fraction of what it did a few years ago and you are being told the economy is only in a recession?????
At some point in the very near future....we will enter into the concentric contraction phase around the world....where most everything collapses. It is alreay starting in a number of places as this is written.
Venezuela is nationalizing banks and arresting some bankers. Phillipines is under Martial Law. There is rioting in Greece and Iran. America is handing out 40,000,000 food stamps every month and it does even have a dime to support such support.....imagine what happens when the world stops lending America money........you think municipal bonds will skyrocket under such an environment???
Mexico is facing unprecedented domestic violence...especially against the police. Saudi Arabia is bombing the snot out of Yemen. Israel is about to invade the land where Jesus turned water into wine....and some say Jesus wasn't a party animal??? Russia and China are facing serious finanical issues and both cracking down on ethnic problems.
In the end, when the world goes bankrupt, the world collapses. The world is now replete with evidence that concentric contraction is upon us........a half a trillion of RE projects halted or delayed in UAE, billions on the Vegas strip alone, Zombie buildings all over America....empty cities in China.
The world as we know it is about to end.....but a knew one will arise. The Alstry project thus far has simply been documenting the ending of an age....soon the focus will be on the emergence of a new age as this one winds down in its final days.
Zero hedge calls it project mayhem, Alstry calls it concentric contraction........in the end the name doesn't matter......the game is about to change.....now the question is what will the new game be and how will we get there???
Clearly Democracy is dying in America when the vast majority desire the Fed to be audited and war to be avoided yet our "elected officials" act otherwise.
Now the question is how much pain and abuse can Americans take before revolting. Tens of millions have lost their jobs or wages slashed. Millions have been kicked out of their homes by insolvent bankers and watched those same failed bankers get billions in taxpayer funded bonuses. Almost everyone is about to see taxes skyrocket while services will be slashed. Teachers are being forced to loan an insolvent school district thousands of dollars even though it is likely the district will never have the funds to pay them back. American people get a few hunded billion dollar stimulous while bankers get trillions and trillions.
At some point Americans will revolt. We are the people that said give me liberty or give me death and no taxation without representation. Now we are simply getting the finger from our politicians and bankers as a zombulation policy shuts our nation down and more and more resources directed to bankers, government and military.
Eisenhower warned us of this time in his farewell letter to citizens......but it seems few heeded the warnings. It has been amazing to watch the abuse leveled againt the citizens escalate and so few react with any dismay. Heck, bankers are even saying they are doing god's work as they impoverish the nation and extract insane quantities of money from those same citizens.
Go ahead keep getting upset at Alstry.....it is only a factual reflection of what is occuring around you.....the more you get mad at Alstry, the more you are getting angry at your own environment.
Alstry has known this the whole time......and soon you will too......the blogger you have been so angry with....is nothing more than the concentric contraction of the environment around you.
So next time a Fool recommend municipal bonds......ask yourself is that recommendation really relevant in the current environment??????????????????????????????????