Wednesday, August 10, 2005

Interest Rates, Oil and a Recession

Yesterday, the Federal reserve hiked the interest rate hike by 1/4 point. Today is the news of oil at $65 a barrel. (I know, I know. Oil AGAIN!?) For those of you keep track, that an increase of 17% increase over the June 15th price. Drudge had a splash on stating that gas prices were up 40% from this time a year ago.

The Real Effect
I believe this news is extremely important for several reasons.
  1. I believe that the globalists are attempting to strip the American Economy by devaluing the dollar, weakening the American military through multiple prolonged conflicts and the removal of what was outstanding American influence over many countries in order to prepare us for a Global Union.
  2. In order to achieve a Global Union, the current global problem solver, the United States, must be effectively removed from the picture. I believe that this will be accomplished by plunging the American economy dramatically, suddenly and then selling off her assets gradually over the next year ending roughly in June of next year.

Edited for appearance on 3/1/2010.

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