Wednesday, November 12, 2008
More Paulson Ponzinomics
More of the same, just targeting different aspects of the bloated and unproductive something-for-nothing scheme we have been a part of for decades. Paulson dons cape and with a '$' instead of an 'S' on his chest, takes aim at the consumer. This is what the deflation bringeth. The deflation bringeth the inflation - on a global scale - and the need for investors to correctly determine what these guys are up to. Yes, I am hiding a significant percentage of my funds in short term treasury vehicles. There will come a time when that will not be the case. These creeps are going force us to be investors in quaint old concepts like value, productivity and progress and the counterparty to those trades is being created right now by a deflationary spiral. There will come a day when savers are again destroyed. They are being destroyed right now, it's just that this has not yet come out in the market wash. Wash, rinse, repeat after all.