Excerpts of Post:
“Our problem is a toxic U.S. dollar. Printing funny money steals from the poor and middle class.”
“As long as the Fed is allowed to wield its power at will, the prices for food and fuel will only go up.”
“Some are calling for gold and silver to go over $2,500 and $200 an ounce”
—————————————————————
Why the Rich Get Richer: Robert Kiyosaki
Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout — a government handout to some of the richest people on Earth, paid for by American taxpayers.
It’s the survival of the richest, and the poorest be damned. There’s something dismal about a society that operates by those values.
The Economy on Life Support Continue reading
Filed under: Credit Crunch, Dooms Day, economics, Economy, Gold, Inflation, Interest Rates, Market History, Retirement, Silver, The Fed | Tagged: Dooms Day, economics, Economy, Gold, Personal, Personal Thoughts, Silver, US Dollar, Work | 2 Comments »
The 2008 Credit Crunch by MoneyBob 