TigerSoft News Service 3/7/2008 www.tigersoft.com revised 3/9/2008
The Colossal and Tragic Waste of The Iraq War.
Nearly 3,900 US troops. 40,000 wounded, mostly terribly/
655,000 Iraqis killed since invasion - estimated by London Guardian in October 2006.
Why Is Bush Bankrupting The US
$3 to $7 Trillion Squandered and Looted from US Treasury
by Bush's and Cheney's Buddies.
The Dirty Secrets of Iraq War Profiteering Are Endlessly Emerging.
What That Much Money Could Have Bought.
Universal Health Care in the US for 65 years!
Why Was It Fought? It was an opportunity to grab oil and privately make billions.
Halliburton kickbacks, bribes, fraud, waste, dirty water for troops.
Billions of dollars have just disappeared. Corruption in Iraq is everywhere.
American Oil Companies offered $5 million to each Iraq MP to pass Oil Law.
- 3/7/2008 RECESSION? BEAR MARKET? The Dollar's Collapse Is Accelerating.
THE US CANNOT AFFORD BUSH's IRAQ WAR AND OCCUPATION
The Stock Market's weakness, the Recession and the Falling Dollar are direct consequences
of the $2-$7 Trillion Dollars wasted in the Iraq war. The Media won't tell you that. It won't connect
the dots. The Dollar is now falling at a 11.2% rate of decline per year. That's your money
being wiped out, if you live in the US. Fixed income people are being hurt very badly. And if you're
not already, you'll soon be working for someone who lives halfway around the world who could care
less about your welfare.
Economists have something called a "Misery Index", which adds the rate of inflation to the
unemployment rate. You can see the official plot at http://www.miseryindex.us/indexbyyear.asp
The problem with this tool now is that the Dept. of Labor, under influence from higher-ups in
the Bush Administration, is setting out deceivingly low levels of unemployment. As I write this
the CNN reported is saying the real unemployment rate is 7% to 8% because this Administration
refuses to count those who are too discouraged to register as work seeing. Also making the
Misery Index" artificially low is the way the official inflation rate has been weighted against
core needs like food, health care, gas and shelter (So many former homeowners must now
rent that rents are actually rising.) and how presently the official rate of inflation now uses
substitutes (hamburger instead of steak) and factors in technological improvements to lower
the rate of inflation. I have written about these subjects elsewhere:
As long as the war in and US occupation in Iraq continues, the trend is likely to continue. The
FED has little choice but to lower interest rates, so weak do Bank stocks look because mounting
numbers of home-owners and consumers are unable to pay their bank debts. Bankruptcies are
up 28% from a year ago, As investors you have ways to protect yourself. Gold (GLD),
Silver ( SLV) and Oil (USO) are rising as the Dollar falls. Our Hotline has been recommending
the first two and high accumulation oil stocks. It is now possible to bed directly against the
dollar with an ETF which is short the US Dollar, UDN.
by William Schmidt, Ph.D. (Columbia University)
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giving full acknowledgement is a copyright infringement.
Buying and Hold Is Dangerous. See All The Peerless Real-Time Signals: 1981-2008
Research on Individual Stocks upon Request:
Composite Seasonality Graph of Any Stock for $125.
Example of historical research NEM - Newmont Mining. Order Here.
$3 to $7 Trillion Squandered by Bush and Cheney.
What That Much Money Could Have Bought.
Bush, Cheney, Rumsfield and all the others who lied the US into this
war have always grossly underestimated the war's costs and its values, except
to Halliburton and US oil companies.
Two more years would cost the US over half a trillion dollars. Is that the best
way to spend over half a trillion dollars?
$10 Billion A Month! What Was The War Really Fought For?
Oil and Fat War Contracts for Bush and Cheney's bids.
Sadam Hussein was boxed in by the UN. He had no weapons of mass destruction.
There is no working democracy in Iraq. Nothing good has been accomplished!
The Costs of $9 Trillion Dollars Utterly Wasted
A Vast Budget Deficit... A Weak Dollar....Billions of Interest on
the Debt to Burden Future Generations.... Massive Trade Deficits ....
Higher Oil Prices.. Infrastructure Breakdowns ignored... Overwhelmed
Veterans Health Care... Reductions in Popular Social Programs (Head Start,
Children's' Health Care, Job Corps, Job Training, Medical Research...