Saturday, October 11, 2008

Economic Terrorism And this Election

(Cross posted at
Imagine if instead of bombs and weapons, if terrorists used our own economy against us? What would be the outcome? Jimmy Carter lost an election because of overt terrorist actions. The Twin Towers were bombed out of existence as the result of overt terrorist actions. But what if terrorists, rather than loading planes with suicide bombers intent on a paradise complete with 72 virgins, instead focused on the grease that runs us, and by that I mean money.

There have been signs before, but we didn't grasp them. The precipitous rise in oil prices when the supplies were adequate. The strange altering of the international economic landscape as the EU tried to circle the wagons and much of Asia, especially China, used fire sale prices to entrench themselves in the American economy through purchasing corporations outright or making them partners with factories in less expensive Asian locations. Who benefits from this?

On one hand, you can say that stockholders benefit because they see return on their investments. But if you undercut the value of dollars, then you shortchange the value of the return. CEO's might get a golden parachute, but if their worth is based in corporate stocks, then their parachute could crash and burn just as easily as the average worker with a 401K.

The push of the federal government as far back as the Clinton years to make home loans to underserved communities is documented fact. There is no argument over that. The way they were implemented and the type of Congressional manipulation that put these funds into play in risky, often unqualified loans is part of the story. Franks, Dodds and other do not want that story out in the press. So what better way to distract the American public than to create a diversion. In this case, it's a pretty catastrophic diversion.

But who would have the economic leverage to pull of such a stunt? And why would they do it? My money is on George Soros and his like. They want to push America to a socialist reality at all costs. And they mean to force us if we won't go willingly. By pulling money for no particularly good reason from the stock market, they create the type of emotional response that makes other less financially solid stockholders leave as well. And if you force the market lower, you can come back in and buy the same doggone stocks at fire sale values. If in addition, you can to stage manage the economic views of the media to support your candidate, then you can shape the vote. If that's not warping the intent of the freedom of Americans to vote, then I don't know what is.

Mark my words-you heard it here first. If the day after an Obama election, the market soars to 14000, the you will know that we have been had, that our votes were bought and that our legislators have sold out to the highest bidder. Don't believe me? Then read on...
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