TruthMission

Despite my belief that the dollar will continue to fall I don’t think now is the time to pull the trigger and buy real estate.

Be sure to leave your comments.

Usually we don’t think economists are very funny but I watched this guy and his talk is genuinely amusing.  I also tend to agree with him because he is an Austrian economist.

Okay, well a commenter made a good point that I wasn’t doing a good job at articulating my positions.  I will use this post to give reasons for some of my positions.  If you don’t find them strong enough to convince you that is fine.

Position #1 – Obama is lying about healthcare.
More recently Obama has been talking about a public option and that it is not a Trojan horse for a single payer system.  In my post about this it shows hims specifically saying that he is a proponent of a single payer health plan.  In another clip he says that you won’t be able to get to single payer immediately and that it might take 10, 15 or 20 years.

The administration simply calls stuff floating around the internet “disinformation” but it doesn’t go into it at all and they just show speeches from Obama more recently.

Position #2 – Fluoride should not be added to the water supply.

Whether it is healthy or not IS debatable and the choice on whether to consume it or not should be the individuals.

I don’t think it is the role of government and is just one more thing the tax payer shouldn’t be burdened with.

Position #3 – On 9/11 controlled demolition took down the twin towers and building 7.

The buildings fell at free fall speed just like in controlled demolition.  I don’t see how a building that strong would have no resistance on the way down what so ever.

All three buildings fell the same way.

I don’t know of any other building in history that has ever collapsed at free fall speed from random fires (building 7).

The building material was pulverized into dust.

Over 700 people in a group called Architects and Engineers for 911 Truth believe it could only be controlled demolition.

The reasons in the video in my post about 911 make sense to me.  They refer to this as false flag terrorism and state that is is not a new precedent but, in fact, routine when you look at history.  It is also stated that in the government’s document called “Project for a  New American Century” they state that they want to invade Iraq and Afghanistan to control the oil supplies and that the American people won’t stand for that and they will need something like a new pearl harbor as an excuse.   It seemed to have worked.

Position #4 – We are going to see a drastic reduction in the value of the dollar soon.

When you print money you devalue it.  Creating money does not create addition purchasing power, wealth or prosperity.  From August 2008 to May of 2009 we doubled the monetary base (the most liquid part of the money supply).  I don’t believe there has been any other time in US history where so much money has been created in so little time.

Peter Schiff called the current collapse and has the same position.

Mark Faber believe that hyperinflation for the US is a 100% possibility.  I don’t agree on the percentage but it is just one more respected investor/economist with a similar position.

Jim Rogers is another investor who agrees.