26.5.07

Money money money




Watch the cost of the war counter...totally wasted,4000 bucks a second..families disrupted, young men and some women needlessly killed or mamed for life.
And as far as the natives are concerned (the Iraqi people as Mr. big likes to refer to them) they just want to be rid of the foreign devils.
How did we get into this mess. Was it when Truman and Stalin split up the world into Communist and capitalist regions...was it when Hitler came to power?
Or was the beginning of this the great depression? Or the screwball end of the first world war...
Undoubtedly Churchill had a great deal to do with it. Product of English father and American mother he understood how to suck the USA into participating in the 2nd World War when it was clearly evident that the British were doomed without American participation.
Truman,Japan,China,Korea and Vietnam and here we are in the Middle East boiling pot.
Money:- the American Dollar is quickly eroding. With billions of resources wasted for no benefit I can see we must ask where are we going with this. Today a gallon of gasoline costs 16 cents in Venezuela 48 cents in Saudi Arabia and over $4 in Canada or about $3 in the States.
This rapid cost increase will undoubtedly leave it's mark on further erosion of the Dollar a loss of influence in the regions that should be more important to us than iraq ( central and south america)..and the way things are going I envision a rapid decline in our purchasing power perhaps as much as 40% within the next 5 years. In other words a different form of inflation.

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