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.
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.