| Dear Reader, Confidence and credibility are earned over a period of time. The confidence countries around the world have had in America is eroding rather rapidly on a number of fronts, Syria being the debacle de jour. America has been earning and receiving confidence for a couple hundred years. Our currency and our treasuries have been the global standard since the end of WWII. Unfortunately the global leadership is being squandered by poor decisions, especially by this administration and the Federal Reserve with their financing the lunacy spending. We have to look no further than what is going on in Poland to get a preview of what very well may happen here if the likes of Pelosi were to get their way and confidence in the dollar erodes much further. In the event someone might not know, Poland is in the process of seizing pension assets and "converting" even equities into government debt instruments for the people's own benefit, of course, and to allow the government of Poland to shore up their balance sheets, go further in debt, and spend more. I know it sounds absolutely crazy, but the leadership in America, such as it is, has floated the same idea more than once to plant the seeds in the minds of the public. In the event there is a crisis of confidence in the global reserve currency, it will impact the entire world as it is estimated 60% of the banks around the world hold their reserves are in US dollars. This could get ugly in a hurry. Mr. Putin has outfoxed Mr. Obama once again and will once again bruise him publicly. Once Barry drew his line in the sand, it was only a matter of time before Putin, via the Iranians, and their proxy Syria, used some pretty nasty weaponry. Once Barry's mouth was free of his foot, he was able to clamp down hard on the hook. Unfortunately for Barry, the Russians have their own warships coming to visit the same waters our ships are in, and they invited their new pals, the Chinese. For those who are not connecting the dots yet, Barry has set in motion the Chinese military involvement in the middle east which was forecasted a few thousand years ago. Well done, Mr. President. Our community organizer and part time teacher has been outsmarted by the former head of one of the 3 greatest spy networks of our time. Our president just is no match for this type of world class manipulation. I would not say he is a complete dolt, however, he is getting thrashed pretty soundly right now which may force his pride to do something real Americans will have to pick up the tab for. In the event our guy issues the order, we all better be ready for much higher oil prices and terrible weapons in the hands of not only crazyies, but now really angry crazies. Even the head of the Joint Chiefs of Staff says this will be a debacle. Politicians who sit in DC think he is wrong, but let's face it, they are not the ones who would be initially in harms way, although they should be. Russia and China have the ability to damage our economy now that "someone" has slipped their head in the noose and pulled it tight. Creating such significant debt has not put us in a stronger position than before he moved on up to DC. My point to this all is not just to criticize some unqaulified dimrod who through some unbelieveable misfortune for America, became president not just once, but somehow by hook or by crook, a second time. What happens in the near future is extremely important to you, your family, and the country. The confidence and credibility our nation has spent generations building is being spent foolishly and unbeknownst to you and be just yet, perhaps our qualified plans and the very currency our way of life is dependent on. |
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