The Stalinists are Lecturing the U.S.A.

  Don’t you just love it when the idiots that structured nearly every failed financial system in the world in the past century are lecturing the U.S. on economics?  Russia has pronounced that the Credit Crisis marks the end of U.S. economic domination in the World,……ouch.  Their economically expert leadership is declaring that the crisis in the United States should be taken as a sign that America’s Global Economic Leadership is drawing to a close.  The Russian President, Dimitri Medvedev (Putin’s Puppet) said concerning the credit crisis, “the times when one economy and one country dominated [sic] are gone for good.”  Not so fast Demo…….are you aware of the numbers? 

Economic Powerhouses of the World (GDP): 1)  U.S.A. $13.8 trillion,   2)  Japan $4.3 trillion,   3)  Germany $3.7 trillion,   4)  China $3.3 trillion,   5)  United Kingdom $2.8 trillion,   6)  France $2.5 trillion,   7)  Italy $2.1 trillion,   8)  Spain $1.4 trillion,   9)  Canada $1.4 trillion,   10)  Brazil $1.3 trillion,   11)  Russia $1.3 trillion.

     These numbers are expressed in U.S. dollars and based on 2007 performance and were calculated when the value of the U.S. Dollar in international exchange was valued at nearly its’ lowest.  If these same statistics were recalculated at today’s increased value of the Dollar the differentials would be substantially more dramatic.  Did you notice that the economy of Russia with a substantially greater population than the U.S.A. is less than 1/10th of the US even based on a “cheap dollar” calculation earlier this year.

     It is just during this time of economic financial crisis that the Dollar has rallied because the “markets” see that the U.S. Dollar and U.S. Treasury Bills are the safest “economic” harbor in the World, exactly the opposite of what Demo’s thesis would be even if he understood his own words.  Need I say that the U.S. Stock Market at this time is down about 22% +/- THIS YEAR depending on your index approach while the Russian Market was down 50% LAST WEEK. So even though the socialist world would have you believe the opposite, Capitalism is still the best place to be and if we had keep the “social architects” out of the legislation and regulation for “affordable housing” you would have not even seen this credit crisis gather such steam.  [You have an opportunity on November 4th to see that they (BHO and his crowd) don’t get back in office]  It was the emphasis and mandate of these social engineers that created the vacuum for the Banks to fill with their own greed as it was then handed off to the Quasi Public agencies such as Freddie and Fannie (which was financially corrupted through Clinton/Democratic cronyism) which in turn securitized them and also handed them off to the Investment Banking Community (worldwide).

     I might add that during even this past week $52 Billion in Net Private Capital left Russia with most finding it’s way to U.S. Treasuries (comparably that would be equivalent to $520 billion leaving the USA in one week).  So Demo…………you get an F on your economic acumen.  You should thank God (I know that is sort of an oxymoron for your type) that you guys can remain in power because you control most the guns.  For the complete story on this post from the New York Times “International Herald Tribune” check HERE.

October 4, 2008 | Filed Under Economics, Marxism, Politics, Presidential Politics, Russian Resurgence | Leave a Comment