Pigs at the Trough
10/12/10 Meria Heller and Bob Chapman talk about the economies around the world; Government wanted and is seizing our pensions – more bailouts; IRA’s and 401K’s -cash them in; the market; class warfare; write Bob@intforecaster.com; recovery? what is the QE2? inflationary depression right now; hyper-inflation – loss of faith in the currency; currency debasement has gone on for years; IBM & HP outsourcing; offshore Corporations and banks – will they get another big tax deal (bailout)? Unemployment closer to 22 3/4%; home sales vs. foreclosures; foreclosure-gate; commercial real estate decline; bond bubble will collapse; Europeans vs. Americans; the “elections”; loneliness; anarchy; debtor’s prisons return; corporate fascism; European tax rates average 70%; FICO scores, where are they today? This and lots more info you need to know.
I fully admit it. When Bob first started appearing on your show, I thought he was very negative in his message, which was a departure from many of your other guests. HOWEVER, over the years, I have informed myself by reading and watching documentaries (AND, of course, listening to your show) and I actually understand the theories and results about which Bob exhorts. Listening to him for years has been an education in itself. I admire him for being another one (like you) who cries in the wilderness, seemingly in vain. There are more and more of us who are starting to “get it.” Not sure what will happen with all that “getting it,” but I am of the opinion that I would rather see the tsunami coming than be totally caught off guard by the smack-down.