woensdag 5 juli 2006

De Bush Bende 20

De onafhankelijke Amerikaanse journalist Mike Whitney schrijft:
'Is Cheney betting on Economic Collapse?

Wouldn’t you like to know
where Dick Cheney puts his money? Then you’d know whether his “deficits

don’t matter” claim is just baloney or not.

Well, as it turns out, Kiplinger Magazine ran an article based on
Cheney’s financial disclosure statement and, sure enough, found out
that the VP is lying to the American people for the umpteenth time.
Deficits do matter and Cheney has invested his money accordingly.

The article is called “Cheney’s betting on bad news” and provides an
account of where Cheney has socked away more than $25 million. While
the figures may be estimates, the investments are not. According to Tom
Blackburn of the Palm Beach Post, Cheney has invested heavily in “a
fund that specializes in short-term municipal bonds, a tax-exempt money
market fund and an inflation protected securities fund. The first two
hold up if interest rates rise with inflation. The third is protected
against inflation.”

Cheney has dumped another (estimated) $10 to $25 million in a European
bond fund which tells us that he is counting on a steadily weakening
dollar. So, while working class Americans are loosing ground to
inflation and rising energy costs, Darth Cheney will be enhancing his
wealth in “Old Europe”. As Blackburn sagely notes, “Not all ‘bad news’
is bad for everybody.”

This should put to rest once and for all the foolish notion that the
“Bush Economic Plan” is anything more than a scam aimed at looting the
public till. The whole deal is intended to shift the nation's wealth
from one class to another. It’s also clear that Bush-Cheney couldn’t
have carried this off without the tacit approval of the thieves at the
Federal Reserve who engineered the low-interest rate boondoggle to put
the American people to sleep while they picked their pockets.' Lees verder:
http://www.informationclearinghouse.info/article13851.htm

Geen opmerkingen:

Peter Flik en Chuck Berry-Promised Land

mijn unieke collega Peter Flik, die de vrijzinnig protestantse radio omroep de VPRO maakte is niet meer. ik koester duizenden herinneringen ...