The signs are unavoidable. We will soon be fighting in Iraq and Syria. The only good thing Obama has done is say that it’s there problem, not ours and they should solve it themselves, with our supplies, arms, etc. As I have said a million times, it’s the Sunnis against the Shiites. The Saudis are Sunnis, and Iran is Shiite. When Saddam was overthrown, the government we put in place was heavily Shiite, and the Sunnis objected, still do, and are bombing and taking over to prove their point. Should we have removed our last troops? No, but then again, we shouldn’t have been there in the first place. We should have never been in Korea, Vietnam, Afghanistan, nr Iraq. We should have nevr gotten involved in Syria or Libya either. It’s None Of Our Business! We should have the world’s best army, navy, air force, and coast guard, but all based here on American soil.
The bombs went off in Baghdad yesterday, and I think Baghdad is doomed. I also believe that the military-industrial complex will get its way and the Rebublicrats will probably give their blessing to sending ground troops to Iraq and maybe Syria. The Neocons will have their way. They are saying that ’we can mop them up in just a few days.’ Wanna bet?
At any rate, the GDP went into negative territory in the second quarter, and why the stock market hasn’t reacted, is a sort of a mystery to me, other than the investors can’t figure any place to invest since interest rates are at practically zero. They put their bucks into the stock market, rather than gold and silver, which is the logical place to invest. I do believe that the string which the US is hanging on to to stay afloat is about frayed. That string being continual borrowing from anyone who will loan, including our own citizenry, since China has slowed buying our dent drastically. They have to, because their economy is in deep trouble also, and Japan’s economy is toast. Will Greece pay? They say they will, but when they stop, that may finish the euro. All the world’s currencies are backed by the "Full faith and credit of the (enter your country) government." Not much f a guarantee of value, is it?
I keep hearing on the internet about a world wide economic crash in fall, or next year, because the dollar is so bad. Well, the dollar is the strongest currency in the world, and not about to crash. Economic Armageddon? I have been hearing this for 40 years. Don’t hold your breath, but if it does happen, be sure not to have paper money, because all of them will go way down in value. When the crash of 1929 came, stocks lost 75% of their value-price in a few days, and it could happen again if the US economy doesn’t improve. The unemployment is 6% That’s because only about 60% of the available work force is working, and millions have just given up looking. The world’s economics are terribly screwed up, and I am feeling very safe in having my savings in tangible, beautiful, precious gold and silver.
My book "I Hold These Truths," got into the hands of the movie producer who did "Obama’s America," and he is going to make a full length film of the book. He’s already got the financing, and it is going to happen I think. I’ll be a movie star! I have already gotten a first draft of the screenplay. When it comes out the book will have to go to Amazon at $21.95 plus shipping I am sure. I have a few left shipped to you at $9.95, if you want a bargain.