by Ted Rudow III,MA ( Tedr77 [at] aol.com )
Saturday Feb 6th, 2010
But the Capitalistic Financiers of Europe: They're all like a whole bunch of panders. They've got a whole lot invested in this America, and they don't want to lose it. So they try to save her so they can save their investments, and they're trying to get the rest of the world to, so they can save her and continue to make a little money on her.
She thinks she's their owner, but they're her owner, and unless they rescue her, she'll die; but they're trying to rescue her to save their own investments. So the quicker they cut her loose, the better. It's totally artificial for them to support the dollar. If they'd just let the dollar sink down to where it belongs, America would sink! But the whole trouble is, they each own too much of a share in the America, and they don't want to lose their investments.
The European money boys are left holding her bagful of worstless dollars. If they keep trying to support her, they're going to go bankrupt! What we’re seeing is a wave of panic selling,” said Francis Lun, general manager of Fulbright Securities. But public debt is projected to rise from 55.2 percent of gross domestic product in 2009 to 74.3 percent
Ted Rudow III,MA