Topic: Presidential Campaign 2008
Peace, Prosperity and the Body Politic
Thanks New Hampshire! Hillary has 'found her voice', Barack says 'yes we can' and McCain mounts a come back... meanwhile the American People lose.
by Dean Santoro
(libertarian)
Wednesday, January 9, 2008
January 8, 2008 may very well be the turning point in the history of the United States as a nation both economically and politically. Gold is knocking on the door of
$887.50/oz. and that is NOT insignificant. I don’t care what fudged government statistics you’ve been force fed, gold is and has always been the most reliable barometer of inflation and economic instability (remember the late 1970’s?). Prepare to kiss the purchasing power of your dollar good bye.In addition, the Dow Jones Industrial and Transport averages triggered what’s known as a
‘Dow Theory Bear Market Signal’, a widely accepted indication that the future trend of the stock market is down. Major Banks & financial services companies regularly announce huge losses. Fannie Mae and Freddie Mac, the quasi-governmental mortgage giants, are teetering on total failure with paltry amounts of cash in their reserves that dwarf their outstanding financial commitments. And guess who’ll be responsible for funding the bailouts of these two behemoths? That’s right folks YOU and I, the taxpayers. Hello IRS, bye-bye savings accounts.To add insult to injury, John McCain winning in NH last night is not a good omen, neither economically or politically. Why? In the summer of 2007, it was reported that Iran took a sizeable delivery of anti-ship missiles. What McCain and the remainder of the warmongering Republican presidential candidates (along with the military leaders) are missing will be remembered as the biggest tactical error in history. Iran and its allies will strike the US where is hurts most. Why do you think they targeted the Twin Towers? And what's next? You guessed it, Oil! Middle Eastern oil accounts for more than 25% of the US supply and the strait of Hormuz is the delivery channel. Last weekend’s showdown with Iranian boats is just the beginning. Upcoming targets will likely be Saudi Arabian oil fields & oil tanker ships in the Strait. Missile attacks will cripple US energy supply. The rebels already know they can't defeat us militarily so they will continue the attack on our achilles heel, the US dollar.
The sole presidential candidate that understands this is Republican Ron Paul. When Dr. Paul speaks of "blowback", he is right on the money – literally. We have been meddling in the governments of Middle Eastern countries for decades and they’ve had enough. The anti-US sentiment has united the radical factions across the region and they are fighting mad. If our government and military officials continue to be bullishly arrogant, we the people will pay the price for this ignorance. It’s already started - have you seen the price of gold and the value of the dollar? Wake up America – your future depends on it.
dean santoro
©2008 Dean Santoro, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Wednesday, January 9, 2008
Last modified: Wednesday, January 9, 2008
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