Daily Wire Stories

! ! D I G G I T ! !
September 29, 2008

The following story illustrates the root cause of our current financial crisis: the flawed and immoral banking system, headed by the private Federal Reserve Bank, which relies on ever expanding debt creation.

Not one in 1,000 understand it, but if you can grasp this, many once confusing aspects about the world we live in will become clear. While the majority of Americans have no understanding of what follows, you can be certain that the bankers at the Federal Reserve and the brokers on Wall Street understand it perfectly.

The story is adapted from the book The Future of Money (pp. 50 – 53) by Bernard Lietar. Your thoughts, comments and discussion are welcomed and appreciated below.

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The Eleventh Round

Once upon a time in a small village, the citizens used barter to conduct all of their transactions. Every day, people walked through the marketplace with chickens, eggs, hams and bread, and engaged in prolonged haggling and negotiations among themselves to exchange what they needed. However, at key periods of the year, such as harvests or if someone's barn needed repairs after a big storm, people recalled the old tradition of helping each other out with a sense of generosity and community spirit. They knew that if they had a problem down the road, others would help them in return.

One day, a stranger with shiny black shoes and an elegant black hat came to the village and observed the marketplace with a sardonic smile. When he saw one farmer running around trying to corral the six chickens he wanted to exchange for a big ham, he could not refrain from laughing.

by Michael Nystrom
Editor
www.bullnotbull.com
www.dailypaul.com

Dear Friends,

If you had told me two years ago that today I'd be a registered Republican, and an alternate delegate to the GOP convention in Minnesota, I would have called you crazy! If you recall, back in October 2006, I was advocating voting for "Gridlock."

At the time, Republicans controlled the White House, the House and the Senate! I was terrified of what two more years of that would look like, noting,

What happened the last time we had Kissinger, Rumsfeld and Cheney in the same Whitehouse? Does politics provide any hope whatsoever?

I suppose that was the question that began my strange and wonderful journey. By some kind of miracle, Democrats took control of the Senate (by one seat!) and the House. Not that I was a Democrat, but they were supposed to be the opposition party. (Does anyone remember that concept?)

By Michael Nystrom | July 25, 2008

Back on June 2nd, I suggested (for entertainment purposes only) that gamblers might want to take a crack at shorting Apple's stock. At the time, Apple was trading around 186, and some called me crazy for wanting to short a stock in an uptrend. This was, after all, Apple, seller of the most popular technology products on the planet. But I had my reasons, and as I said it was a gambler's play. Which is to say that it was a calculated risk with a tight stop - the only kind of play a responsible gambler should make.

Apple drifted down slowly for a month an a half until the day I was waiting for: earnings. The stock took a big dive down to 147, before recovering smartly. As noted in the previous article, our target was in the 145 - 150 range, so we made out with a tidy profit of close to 20% in about a month and a half.

Mission accomplished, but what's the story on the stock now? Should we go long, short or just leave it alone? First let's review Apple's "story" and then take a look at a super long-term chart and see what we see.

Video by the American News Project

After being off the air for some time, I've decided to fire up Depression2.tv again. It seems about time. I'll continue to update the daily news links on this site, but for my latest articles, please visit me at: Depression2.tv.

Thank you and good luck.

Michael Nystrom
Editor
www.bullnotbull.com
www.depression2.tv