Hey Gang,
So much is going on, unfortunately most bad. Here are some observations and things I have heard that I pray don't come true.
GM as part of the bailout agreement will be making more cars in Mexico and will start to produce cars in China. Obama is pushing hard for these mergers. Still don't believe in the one world system?
GM, Chrysler, and Ford have to go or significantly downsize. They are one of the last, if not the last, giant manufacturing companies in America. They need to fold and/or merge to weaken America even further. Its all part of the globalization.
China is starting to demand another currency for global transactions. The dollar is deeply in trouble. When the dollar tanks look out, the new currency will appear. It has been rumored for awhile of a new currency called the Amero. This unprecedented spending by the Obama administration could herald it in a lot sooner. Why not go on a spending spree if you know the dollar is going to crash.
Gold could hit $1,000.00 an ounce soon and the $2 to 3,000.00 range is not out of the realm of possibility.
I knew the minute Obama would talk of ending the oil subsidies the price of crude would spike and sure enough it has.
Here is a question. What is the difference between communism and the way Euclid completely controls what you do with your house? I am serious, I want to know the difference.
California is once again looking at legalizing marijuana. Why? The state is broke and they think selling pot off the counter would be a boon for tax revenue. Let me educate you real quick. No matter how much our government brings in its never enough. So they bring in all this new revenue but they won't pay down on the deficit, they will spend it. Furthermore, unlike ending prohibition where alcohol is a beverage and has other benefits, marijuana has one main purpose and that is to get you high. And the cost to society will be as great or greater than the damage of alcoholism.
Lets hope I am wrong on all of these.
Carey
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