UPDATE! U.S. Economy Deliberately Attacked

Last week I reported a story that provided factual evidence that our economy was deliberately attacked by malevolent forces in September of 2008, resulting in the present financial crisis.

There is now an important, late-breaking update to the story.

The first piece of interest news is that some of the 'big time' bloggers with national appeal are picking up on the story. Perhaps if enough of them begin running stories on this matter, the story will be picked up somewhere by someone in a mainstream media outlet, either at the local level or on Fox News.

Second, according to this report at Gateway Pundit, when the news broke that the U.S. was in the midst of a financial meltdown in its banking system, Barack Obama did not think it was necessary to interrupt his campaign and travel to Washington like John McCain. In fact, Obama appeared as if he were not the least bit surprised or dismayed by the news. He simply continued
with his campaign without missing a beat.

Rush Limbaugh has reported on this story. So did C-Span. Yet not a single mainstream outlet picked up on it...yet.

But you can rest assured top-level investigators are on the case.

'09 Predictions: Saving Your Financial Neck

The issue, my dear readers, is not how bad things get in 2009 but how prepared we are to deal with them.

I am realistic enough to know that 2009 doesn't look very good politically and financially. But I am optimistic enough to know that the prudent ones can prepare for what's ahead and act accordingly.

Financial survival will be the key in 2009.

Karl Denninger, financial guru, made the most accurate predictions concerning the economy in 2008 with a near-perfect record. He has assessed where we are and where we are headed in 2009.

And he has some highly valuable words to the wise concerning how to deal with it.

Here is Denninger's assessment of where we are and now we got here:

In short, essentially nothing positive has been done and a lot of damage has been inflicted on everyone in America out of hubris, fraud and avarice.

We now are "discovering" what I have written about for more than a year first-hand - the so-called "growth" over the last seven years has all been a fraud, instead being nothing more than additional debt. Ponzi-finance has taken over every area of our economy, from government to private business, and has run to the natural limit of "the greater sucker", now leaving all of the people beguiled and bedeviled exposed as the naked-swimmers that they are.

There has been zero push for accountability and truth throughout the system. Not among our so-called "leaders", not among the bankers, not among the political or economic elite. All are focused on trying to keep the impossible going.

Denninger outlines what needs to be done on a national scale and what we as individual citizens can do to protect ourselves from financial ruin. Read the entire thing at Western Rifle Shooters Association.

The Chris Dodd Mortgage Scandal

Glenn Reynolds at Instapundit has the latest information on the Chris Dodd mortgage scandal.

As reported previously during the campaign, Senator Chris Dodd and other top Democrats, including Barack Obama, are knee-deep in the mortgage scandal that resulted in our economy being brought to the brink of disaster.

As for Dodd, the feds are now investigating the Senator's ties to criminal activity in the Countrywide Mortgage debacle.

It has been difficult, however, for the feds to gain any traction in their investigations into possible illegal activity on the part of Dodd, Obama, Rangle, Barney Frank, and other top Democrats due to the fact that the lunatics are running the asylum (Congress).

The worst-case scenario, which is entirely possible, would be the discovery AFTER the election that not only Obama but dozens of Democrats in Congress share culpability in the mortgage and banking scandal that led to the financial crisis.

If this turns out to be the case, the mainstream media would find it impossible to avoid reporting it as they did during the campaign.

Wouldn't it be odd to discover that Americans elected to office a gang of criminals due to the fact that the mainstream media refused to publicize what they knew behind the scenes?

After all, they admitted they were biased, but it was all 'for the good of the country.' Sure.

Explaining the Unexplainable, Next Chapter

Here is yet another example of pure illogic:

George W. Bush, the Republicans, and John McCain are all to blame for the problems in the financial markets, supposedly.

Yet the crisis is g-l-o-b-a-l.

The problems occurring here at home are only part of the problem. Europe is in worse shape than we are, and the Asian markets are even worse than that.

So, how is it that George W. Bush, the Republicans, and John McCain played a key role in the plunging markets in China, India, Great Britain, France, and Germany?

If you answer it is because what started here had a ripple effect overseas, you would be wrong...well, partially wrong. That concept works both ways. As what happens in our markets effects other markets around the world, so it is true that what happens in THEIR markets effect us.

The fact is that all across the globe the markets based their value on a false overly-inflated fantasy, creating a windfall bubble in the short term. But when the bubble bursts as it always does eventually, the house of cards comes crashing down.

The Chinese, the Brits, the French, the Indians, and the Germans were every bit as gullible to the scheme in their own countries as we were.

So, tell me again why George W. Bush, the Republicans, and John McCain are to blame for this?

I know the answer! It's magic!

Those evil Republicans cast a spell on the whole world. And guess who is the only 'ONE' to break the evil spell?

Why...it's the Messiah, Barack Hussein Obama...who, by a wave of his magic wand will remove the economic troubles of the world and make everything all better for all the little boo-boos out there in la-la land.

Now, my little sweetie-pies, go to sleep while I sing a lullaby to you, and you will have sweet dreams of your Savior Barack Obama who saves all his little children from all harm and hardship...