Just some random thoughts today

Posts tagged ‘McCain’

Price of Gold Jumps to $867 Per Ounce

Today, the price of gold per ounce jumped nearly $90 on fears of a collapsing economy.  Investors and ordinary citizens are rushing out and buying gold in droves.  I’m pretty sure that gold can easily reach several thousand dollars per ounce.

The nationalization of debt continues to put downward pressure on equities and a forthcoming collapse of the dollar.  No wonder that polls now show Obama leading McCain by +5 when only Monday the rolls were reversed with McCain leading Obama by +2.

McCain who throughout his career has been a strong advocate for deregulation that only brought us to the brink of bankruptcy.  Now he changes his life-long position after the stock market drop %10 in two days?  The economy is fundamentally strong he says.  What planet is this guy from?

Laws written during the Great Depression that were meant to protect us were broken and not enforced by the current Administration.  There’s a reason for deregulation: we’re greedy bastards.

So go out and get your gold while you can because if history repeats itself, I’m sure the government will steal it from you (I mean “nationalize it”.)

How Many Houses Does McCain Have?

Apparently John  McCain doesn’t know how many houses he has.  Either he’s losing his memory or he’s just embarrassed to tell people that he’s so rich it simply doesn’t matter.

While our country is going down the drain and lots of voters are losing their shirts and houses, all McCain can do is complain that Obama is living in a 1.65 million dollar mansion he bought in 2005.

That mansion, a nice little home in the Chicago suburbs, is probably worth 1.2 million today. Like everyone else in this country, Obama took a nice loss on his home.

But McCain, who can’t even recall how many houses he has, nor doesn’t even care, has no concept of money.  These mega millionaires don’t even care, it’s all a game to them.  Do you think that McCain cares how many houses he has or even cares if you don’t have one anymore?

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