The advice is okay as far as it goes, it’s who it comes from that has me wondering:
Image from Marotta's website warning investors to prepare a "bug-out" bag in case of a fiscal...
Wall Street is the driving force behind the financial part of any disaster coming down the pike. By Wall Street, I mean the insidious philosophy of absentee ownership. Notice that through all of the mini-disasters the stock market soared to new heights —— mini-disasters like unemployment rising PERMANENTLY to well over 10 percent irrespective of the what the polls say, the mortgage fiasco, the bursting technology bubble, and so on.
One does not have to be an economist to know that absentee owners made out like bandits while the country was sinking in a sea of Socialism. Nor does one have to graduate from a school for government to know that absentee owners are kept afloat by favorable legislation, subsides and bailouts. Now, a Wall Street guy comes along and tells Americans to bring a few cans of beans and a gun with them when they get in the lifeboats.
Let’s take a look at Wall Street’s part in HillaryCare II by relating it to the price of oil.
Everybody knows that an increase in the price of crude oil sends retail prices higher. Utility bills, consumer goods, production costs, transportation all cost more. Those increases are passed along to the consumers. Question: Who benefits the most? Answer: Wall Street buying and selling stocks in all of the companies that thrive on higher retail prices, not to mention insider trading larceny.
Retail prices never come down when the price of a barrel of crude oil drops. Lowering the price of anything is the definition of Armageddon on Wall Street.
NOTE: Wall Street’s present-day, all-powerful, political influence evolved from two things:
1. Planned obsolescence in manufacturing which is nothing more than Wall Street control distorting an orderly economic system by speeding up the time it takes for durable goods to wear out. Planned obsolescence began backfiring when manufacturing was outsourced. Example: Communist China does not outsource jobs.
Theoretically, outsourcing gave absentee owners control over foreign peoples as well as control over American workers and the unemployed. Few noticed that rising prices caused by Socialism made outsourcing necessary in the first place.
2. Convincing the American people that the Great Depression was caused by the collapse of Wall Street; ergo, it must never happen again.
HillaryCare II
Americans know how the price of oil affects everything. They should know because they’ve been told often enough. I doubt if many are seeing the petroleum ripple effect at play in socialized medicine. Proof: Every business will pass the cost of healthcare along to the consumers. So higher retail prices for food, clothing, etc. must be added to higher premiums, much higher deductibles, and the taxes/fees built into HillaryCare II.
Incidentally, calling a tax a fee was pioneered by the tax on telephones to pay for the Spanish-American war. That tax is still being collected, only telephone companies were ordered to list it on telephone bills as a fee.
One last word about the bug-out bag:
I wonder if the Wall Street guy is touting stock in bug-out bag companies and gun manufacturers.
Let me close with a few words about Pope Francis.
If Francis is so goddamned compassionate he would be railing against government-supported absentee owners, along with attacking our federal government’s role in higher worldwide retail prices. After all, it is the poor he claims to care about who suffer the most from higher prices for life’s necessities. Look what the ethanol fuel additive did to the poor when the worldwide price of corn skyrocketed if you doubt me. And that’s in spite of the enormous subsidies the government gave to corporate farms to grow corn. Those corporate farms are traded on the stock exchange.
Basically, you either believe that a laissez faire system of economics does the most for the poor, or you believe that a government-controlled economy is best. There is no third way. And please do not tell me that Pope Francis knows more than me simply because he has a balcony. Mussolini had a balcony in Italy, too.
Assigning extraordinary economic knowledge to a moralist of any kind is pure bullshit. Francis is a priest no smarter than anybody else when it comes to economic realities. So please do not dump on me. Instead, you might contact Francis and tell him to stick to his road game —— Faith & Morals.
Image from Marotta's website warning investors to prepare a "bug-out" bag in case of a fiscal...
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo to help them stay alive.
David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, said in a note to investors, “Firearms are the last item on the list, but they are on the list.
Wall Street is the driving force behind the financial part of any disaster coming down the pike. By Wall Street, I mean the insidious philosophy of absentee ownership. Notice that through all of the mini-disasters the stock market soared to new heights —— mini-disasters like unemployment rising PERMANENTLY to well over 10 percent irrespective of the what the polls say, the mortgage fiasco, the bursting technology bubble, and so on.
One does not have to be an economist to know that absentee owners made out like bandits while the country was sinking in a sea of Socialism. Nor does one have to graduate from a school for government to know that absentee owners are kept afloat by favorable legislation, subsides and bailouts. Now, a Wall Street guy comes along and tells Americans to bring a few cans of beans and a gun with them when they get in the lifeboats.
Let’s take a look at Wall Street’s part in HillaryCare II by relating it to the price of oil.
Everybody knows that an increase in the price of crude oil sends retail prices higher. Utility bills, consumer goods, production costs, transportation all cost more. Those increases are passed along to the consumers. Question: Who benefits the most? Answer: Wall Street buying and selling stocks in all of the companies that thrive on higher retail prices, not to mention insider trading larceny.
Retail prices never come down when the price of a barrel of crude oil drops. Lowering the price of anything is the definition of Armageddon on Wall Street.
NOTE: Wall Street’s present-day, all-powerful, political influence evolved from two things:
1. Planned obsolescence in manufacturing which is nothing more than Wall Street control distorting an orderly economic system by speeding up the time it takes for durable goods to wear out. Planned obsolescence began backfiring when manufacturing was outsourced. Example: Communist China does not outsource jobs.
Theoretically, outsourcing gave absentee owners control over foreign peoples as well as control over American workers and the unemployed. Few noticed that rising prices caused by Socialism made outsourcing necessary in the first place.
2. Convincing the American people that the Great Depression was caused by the collapse of Wall Street; ergo, it must never happen again.
HillaryCare II
Americans know how the price of oil affects everything. They should know because they’ve been told often enough. I doubt if many are seeing the petroleum ripple effect at play in socialized medicine. Proof: Every business will pass the cost of healthcare along to the consumers. So higher retail prices for food, clothing, etc. must be added to higher premiums, much higher deductibles, and the taxes/fees built into HillaryCare II.
Incidentally, calling a tax a fee was pioneered by the tax on telephones to pay for the Spanish-American war. That tax is still being collected, only telephone companies were ordered to list it on telephone bills as a fee.
One last word about the bug-out bag:
“A bug-out bag is a good idea depending on where you live even if the emergency is just power outages, earthquakes and hurricanes. And with your preparedness you will be equipped to help others who might be in need,” he wrote. “Be prepared. Especially because it keeps you from being scared.”
He provided a list of items and even a link to bug-out bags on Amazon.
Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse
By PAUL BEDARD | DECEMBER 26, 2013 AT 12:33 PM
Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse | WashingtonExaminer.com
I wonder if the Wall Street guy is touting stock in bug-out bag companies and gun manufacturers.
Let me close with a few words about Pope Francis.
If Francis is so goddamned compassionate he would be railing against government-supported absentee owners, along with attacking our federal government’s role in higher worldwide retail prices. After all, it is the poor he claims to care about who suffer the most from higher prices for life’s necessities. Look what the ethanol fuel additive did to the poor when the worldwide price of corn skyrocketed if you doubt me. And that’s in spite of the enormous subsidies the government gave to corporate farms to grow corn. Those corporate farms are traded on the stock exchange.
Basically, you either believe that a laissez faire system of economics does the most for the poor, or you believe that a government-controlled economy is best. There is no third way. And please do not tell me that Pope Francis knows more than me simply because he has a balcony. Mussolini had a balcony in Italy, too.
Assigning extraordinary economic knowledge to a moralist of any kind is pure bullshit. Francis is a priest no smarter than anybody else when it comes to economic realities. So please do not dump on me. Instead, you might contact Francis and tell him to stick to his road game —— Faith & Morals.
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