BY DR. JACK WHEELER
Thursday, 19 March 2009
Is Zero a fascist dedicated to destroying the life savings of Americans, or is he criminally incompetent?
The answer is yes.
So let me tell you about Gao Xiqing (gow shee-ching). He’s one of the smartest Chinese you’ll ever meet (and that’s saying something). Graduate of Duke law school, worked at a major Wall Street law firm, returned to his native China to direct the CIC, China Investment Corp., the Chicoms’ trillion dollar sovereign wealth fund.
In other words, he’s the guy who owns $700 billion of US Treasurys, the guy who Zero is depending on to keep buying. Should he not show up at the next Treasury auction, the dollar disintegrates the next day.
A friend of mine has gotten to know him (don’t ask me how). “Gao is super-smooth, sophisticated, speaks English as good as you or me, and knows America inside and out,” he says. “He can talk the language of high finance and international capitalism as good as anyone – yet he is a hard core Chinese Communist who regards America as China’s enemy. He despises Obama as the epitome of American weakness.”
Gao also thinks that gold is going to $5,000 an ounce.
No, the Chicoms aren’t going to buy up the world’s gold supply. That would artificially ramp up the price for little consequence – after all, the world’s total gold production is about 2,500 tons a year or (at $1,000 per troy ounce; 12,000 ounces per ton) worth some $30 billion. A pittance with trillions at stake.
What it does mean is that Gao thinks the dollar’s goose is cooked, thanks to Zero.
He’s not alone. A UN panel is going to recommend ditching the dollar as the world’s reserve currency. John Paulson, whose huge hedge fund made 37% last year by understanding the mortgage crisis, is pulling out of stocks and is into gold (particularly gold mining companies).
Millions of investors agreed today (3/19), shooting gold up $70 after the Fed announced it was creating another $1.5 trillion out of thin air.
I really, really hope you are nodding your head right now and saying, “I sure am glad To The Point told me about bullionvault.com and I put my money into gold.”
Well, if you didn’t – don’t freak out. Just move fast now. Gold is just getting started.
What makes this so evil is the flip side. What is also just getting started is the life savings and fixed-income pensions of tens of millions of Americans being wiped out.
Right along with dollar deflating against gold (and oil, above $51) today, it did the same with the euro, the yen, and the pound – which should be ridiculous, because the EU, Japan, and UK economies are in the tank more than ours. Again, this is just the start.
But it is not just the start of the destruction of our wealth, it is the destruction of our freedom – for to destroy one, you must destroy the other. We are seeing the start of an orgy of anti-capitalist envy-mongering. The phony outrage over AIG, for example, is only a hint of what’s to come.
What is said privately by businessmen among themselves must be said publicly, such as: “Barney Frank and Chris Dodd should be lined up against a wall and shot by a firing squad.” Preferably to their face at a Congressional hearing.
The Liberal Fascist modus operandi, typified by Frank and Dodd forcing banks to provide subprime mortgages to people who were poor credit risks, is to create a problem by interfering in the market. Then pretend outrage at the problem they created and demand more interference, more rules and regulation and power to solve it – which of course makes the problem worse.
This is on purpose – for the cycle can be repeated, gaining more power with each cycle.
While conservatives are interested in wealth creation, liberals are into wealth seizure. While conservatives want freedom, liberals want power. Barney Frank, Chris Dodd, Harry Reid, Nancy Pelosi, and the current President of the United States are fascist thieves.
Let’s cut to the chase. We cannot afford to wait until 2010, much less 2012. We haven’t got the time. The Democrat Fascist cycle of wealth destruction is accelerating too fast.
There are two growing protest movements: the Tea Party taxpayer revolt movement and the “Birther” movement that demands Zero prove he is a natural-born US citizen. These two must merge.
Far from a tin foil hat cause, Birthers are simply asking that Zero provide his actual birth certificate, which he won’t – at a cost of hundreds of thousands of dollars in legal fees.
Since all he has to do is provide the same thing all the rest of us do to get a driver’s license or passport, and he won’t, this is prima facie evidence that he can’t. Or there is some scandalous secret he is covering up – such as his real father is not a Kenyan but a radical left black poet his mother was having an affair with, Frank Marshall Davis.
In any regard, until he provides solid proof of his natural born citizenship, we are justified in regarding his presidency as illegitimate.
This argument must be made at every Tea Party protest. We do not recognize him as president until he proves he legitimately, Constitutionally is.
Folks, this may get very ugly, real brown shirt fascist ugly, real fast. The economy, the dollar, employment, our life savings and pensions, may collapse real fast. Maybe not, but the odds are accelerating.
The silver lining is that the lying, the incompetence, the corruption, the purposeful wealth destruction is also coming at us so fast and so obviously that the veil is being lifted from the eyes of more and more people every day. Witness Zero’s falling approval polls. Soon it will reach a tipping point and fall off the polling cliff.
When that point is reached, the Tea Party/Birther protests must reach a crescendo making one demand and one only: We want him to resign.
By that time – three months, six months, less than a year from now at the outset – the chaos, tax revolts, civil disobedience, violence from Zero’s brown shirt supporters, impoverishment of millions, et al, will make the country ungovernable. He must resign. It is the only solution. He must resign. There is no other way to start correcting the situation. He must resign.
Yes, that means President Biden. Fine. As stupid and goofy as Biden is, he isn’t malicious, he isn’t out to impoverish America as a conscious goal. Stupid is better than evil.
He must resign. America cannot afford to wait until 2012 to rid itself of the Evil of Zero.
More from Dr. Jack Wheeler
Religion of Envy: The Evil Eye—Why Europe is probably doomed