On June 9 I wrote a piece about the 2nd World Depression and how we have put ourselves into the eye of a hurricane through massive government
debt spending. In the finance section of yahoo today, June 14th is an article entitled "Stocks Party Like It's 2009, but Soros Sees Ghosts of the '30s".
You can read the full article here.
From the article: "If anti-business sentiment leads to slower growth and tit-for-tat tariffs and trade barriers, the past year-plus of recovery will be remembered as the eye of a horrific economic hurricane, not the end of the crisis."
It continues: "Amid the "obvious" concerns about jobs, deficits, financial contagion and the like, legendary investor George Soros warned late last week "we have just entered Act II" of the crisis, declaring "the collapse of the financial system as we know it is real, and the crisis is far from over."
Oddly enough Soros is concered that the austerity measures sweeping through Europe are going to be a major cause of another economic downturn. He is
actually right about the fact that if Europe really does begin to pull back on government deficit spending that those economies are going to dip back
into recession. For him that starts a downward spiral that they are not yet ready to start. The United States is not yet deeply enough in debt and the
economy is not yet fully in control of the federal government. If Europe goes back into recession we will go back into recession and the economic
depression will begin before they have a chance to take full control of the economy.
Soros is the puppet master and Obama is the puppet. Soros needs more time for the financial regulation bill and cap and trade to pass. With
full control over health care, banking and energy the US will be ready to be the head player in the new world order of a global governance. The
world's debt problems will be pushed up to the IMF which will essentially be the new world government that controls all means of production and
distribution of wealth.
The United States as we have always known it will be over before 2010 comes to a close. The current group of radicals pulling the strings of the
democrat politicians currently in office are going to complete their plan to centralize power in Washington prior to the elections this November.
With health care and financial regulation in place the federal government will be fully in control of 70% of the economy. Cap and trade will
finish the job completely. When Hugo Chavez was taking over the oil companies, the banks, the farmers and then the media outlets Americans
merely shrugged or shook our heads at the fools in Venezuela. How could they let that happen? What we didn't know is that major players in our
government saw what Chavez did as "A beautiful revolution" and see that as the model for transforming America.
If you don't yet see how far down the road we have come and how quickly down that same road we are still moving then I don't know what else to say
to open your eyes. Serious talk is taking place about taking over or forcing BP to do things outside the scope of what the law allows. Once the
outside world feels that the US no longer respects our laws when it comes to foreign businesses then the money will stop coming here. Think of the
economic prosperity of the cold war Soviet Union or Castro led Cuba and you'll understand what this will mean to our lives.
The puppet master of the world, George Soros who makes billions in profits annually with his hedge fund is pushing his money into gold and other
hard assets. He is betting against the currencies of the world because he knows they are about to fail. What he needs is for them to fail together, all
at once in a great crash with no one left standing. When that happens he and those who follow him will pick up the pieces and hold all the cards. If
Europe were to fail to quickly then the money would rush to the US and we would still have a chance if people believed we respected the rule of law.
Soros needs to world to know that the US will punish companies if and when it chooses, that the law is just a roadblock and those in power ultimately
decide who succeeds.