Economic Collapse – Sell Everything Now – Food May Be the New Money

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Date: Tue, May 18, 2010   
Subject: Sell Everything Liquid, The Business Insider: end of this year they won't recognize the country

Congress blocks indiscriminate IMF aid for Europe
May 18th, 2010–Europe may have to clean up its own mess after all. The US Senate has voted 94:0 to block use of taxpayers’ money for IMF rescues that make no economic sense or bail-outs for countries like Greece that far are beyond the point of no return.
“This amendment will help prevent American taxpayer dollars from underwriting dysfunctional governments abroad,” said Texas Senator John Cornyn, the chief sponsor. “American taxpayers have seen more bailouts than they can stomach, and the last thing they should have to worry about are their hard-earned tax dollars being used to rescue a foreign government. Greece is not by any stretch of the imagination too big to fail.”
Co-sponsor David Vitter from Louisiana said America had run out of money. “Our country already owes trillions of dollars in debt. We simply can’t afford to take on other countries’ debt in addition to our own.”

Sell Everything Liquid


The Business Insider, May 18, 2010:

Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today's note:
Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know — who told him?" Tell them the stock market told him;_ylt=AqCDKlmd5r1sllzHDzf69mm7YWsA;_ylu=X3oDMTE1NTcyYmgyBHBvcwM2BHNlYwN0b3BTdG9yaWVzBHNsawNkb3d0aGVvcmlzdHI-?tickers=dia,spy,xlf,%5Edji,%5Egspc,%5Eixic&sec=topStories&pos=4&asset=&ccode


Woody Allen: It would be Good If Obama Could Be A Dictator

“He could do a lot of good things quickly”

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