Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
Prize
........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........
March 19, 2015
Things Have Reached Serious with that "Currency Wars" Thing
Whether Washington destructionists are 1) eviscerating the demand side of our economy by driving high-income blue-collar jobs to Asia with their "free trade" h()^$&$#!t, or 2) targeting the best-managed company on the f)(^!#g planet, ExxonMobil, over delusional conclusions drawn from harebrained pseudoscience they irresponsibly posture to be something inappropriately labeled "Global Warming" by their f)(^!#g media propaganda machine, 3) blaming iconic American success stories Coca-Cola and McDonald's for obesity in ethnic neighborhoods where people cook everything in f)(^!#g bacon fat, or 4) making it impossible for small businessmen to start up small businesses with their h()^$&$#!t regulations and h()^$&$#!t Obamacare financing demands, or whatever, it's clear to us that the Commie-minded b@$^@^)s are deliberately running capitalism into the ground - and the nation along with it.
Here's the up-to-the-minute status of the ongoing worldwide "currency wars" that've been victimizing our foreign trade balance through White House fecklessness for years now. Has the Destructionist-in-Chief finally brought American manufacturing to its knees? Check out what just popped across our screen this morning:
http://www.nucor.com/investor/news/releases/?rid=2027061
We used to have a favorite steel company. That one. That was before the Central Party in Commie-minded Washington took over. We don't have a favorite steel company anymore.