That’s right my friends put your helmets on because we are in the proverbial stock market Corvette racing towards the event horizon. Do you know the last time the DOW was at 15,354 points? NEVER. Do you know when the last time it was even close to where it is now? That’s right Mr. Obvious, it was in 2008 right before the “recession”. The federal reserve recently announced an increase from pumping 85 Billion a month to now pumping 100 Billion a month (that’s right 100 BILLION PER MONTH) of fake dollar bills into the market to over inflate its true value. In a recent interview, Robert Wiedemer — an economist best known for correctly predicting the collapse of the U.S. housing market of 2006 and the stock market collapse of 2008 — provides disturbing evidence for 50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting this year.
If you look at a chart of the S&P 500 above, you can clearly see that we are due for another drop in the market, very soon. If and when it does happen, Obama will probably blame the sequester, or some other republican foul up in Washington. Does he honestly believe that spending ourselves into oblivion is going to help the American people? From the evidence of the 800 Billion “bailout” he put forth, his scalding of congress from cutting spending during the sequester, and if you listened to his State of the Union address, clearly he does like to spend our pretend money. To answer my own question, does he think all of this will help recover the economy…..no I don’t think he believes that. Even though I didn’t vote for him, I do agree that Obama is a very smart guy and he has a specific personal agenda for our country. It is my belief that he and his minions are doing all of this to drive us over that cliff into the event horizon, in the attempts to push us down into the depths of becoming just another 3rd world country. He wants to definitely “spread the wealth”.
