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You Want an Empire, Eh?By Dr. Russell McDougal
It’s not easy for a particular country to dominate the globe. A lot of factors must be going in its favor to reach such a sovereign position. Staying on top is even harder. Why bring up this subject? Maybe I just like controversial topics. More likely, this one is crucial for Americans to understand, right now. Imperial overstretch never ends in a pleasant way. You cannot separate politics and economics. Your financial welfare depends upon a keen understanding of overt as well as hidden political agendas. Well-known empires are from the Roman and British eras. There are debates as to the actual starting points and overall length of the Roman Empire. The longest period I saw was from 752 B.C. to 1476 A.D. That’s 2228 years and is nothing short of astounding. Let’s estimate the British Empire from 1500 to the early 1900’s. That’s 400 plus years of global domination. How about a present day candidate? The US is the obvious global premier force. We have been for an extended period of time. Ever hear of the Project for the New American Century? Its acronym is PNAC and it was initiated in 1997 as a “non-profit, educational organization whose goal is to promote American leadership.” What started out as a think tank has evolved into a veritable strangle hold on the current American political/military apparatus. Well-known PNAC players are Dick Cheney, Donald Rumsfeld, Jeb Bush, Gary Bauer, William Bennett, William Kristol, Scooter Libby (currently out of function), Paul Wolfowitz, Richard Perle and Dan Quayle. Some call this gang “Neo-Cons”. My personal opinion is that this group is borderline deranged. I’ll present my reasons for saying so briefly and then move on to the primary subject of this editorial. You should stop reading now if you’re not comfortable with this line of thought. A few PNAC tenants from the late 1990’s:
How have their plans worked out? These guys have massive influence, if not absolute control in the Pentagon, Defense Department as well as the present White House. The US has over 730 military bases in 160 foreign countries. Our government spends more money on military endeavors than the rest of the world combined. Most of the Americans I come in contact with have zero desire for a global empire. There are plenty of problems here at home that need addressing. Clearly, these knuckleheads at PNAC want nothing less than global domination.
The rest of this article will delve into what the necessary foundation of any empire must be. You may be firmly convinced that achieving empire is wise. So be it. You had better have a solid home base or you’re simply undertaking folly. Empires require much more than just military prowess! A sound currency is mandatory. I’ll spare the feint of heart another peek at a long-term US dollar chart. The buck has been flawed since Tricky Dick severed it from a global gold link in 1971. A strong economy based on production is mandatory. The US produces primarily bureaucrats, bucks, bombs and boobs. Our manufacturing base has been farmed out by profiteering globalists. True manufacturing accounted for less than 12% of GDP in 2007. That includes the 3.5% of military spending. Government and all its trappings are a tax on the true economy. The US economy is based on consumption as it makes up 70% of our “economy”. Our trade imbalances will be paid in one form or another. We are at the mercy of foreigners to the tune of a trillion dollars per year. They must loan us that amount and or invest that much in US financial products. They are balking and the flow is drying up. A true empire has a positive balance sheet. US debts are at unfathomable levels. We are stuck in a crooked system that depends upon escalating debts merely to stay afloat. It is called bankruptcy, life support or not. The “richest” nation on earth has citizens with a negative savings rate. I do not remember when the government last had a true balanced budget. Two decades? You cannot borrow your way to wealth and you cannot borrow your way to empire! Empires crumble without a strong economic foundation. So, what are all these foreign adventures by the Cheney-Bush Administration about? The ones that are heading for a trillion dollars in military expenditure. “Off budget” doesn’t equate to free. Even these neo-cons are mere pawns in a larger global strategy. Any military bases set up are likely to be on a long-term basis. American military personnel are securing global outposts for elitist power mongers. That’s my opinion. Again, I suggest you check out “The Creature from Jekyll Island” to escape any public school and national media indoctrination. Mainstream news is definitely the best money can buy or has already been bought. You’re looking more at the “decline and fall” here. Attempts at global conquest will merely hasten the coming end of the great experiment. It is a grievous predicament. Do you want an empire? Think Resourcefully, Rusty Sources used for this article: P.S. To let me know what you thought of today's article, send an e-mail to: feedback@investorsdailyedge.com. [Ed. Note: Dr. Russell McDougal has dedicated years of study and investing in the natural resources exploration sector. During that time he has closed out DOZENS of gains of 500%... 1,000%... 2,000% and more! Currently he is sitting on multiple thousand percent winners, including one stock that is up a whopping +5,000%. And for a select group of investors, Rusty has agreed to share his secrets of success... and his top stock recommendations. Click here to learn more... ]
Don’t Get Caught In the CrowdBy Charles Delvalle You see it all the time; a stock jumps 20-30% in just a few days. Suddenly, the average investor sees what is happening and decides to join the bandwagon, hoping to catch some of the move. After jumping in, the stock comes down 15% and the investor is at a loss. This type of loss is one of the most common mistakes investors make, but is also one of the easiest to avoid. Take a look at the chart below to see what the situation looks like.
This is a chart of Sirius Satellite Radio (SIRI). In 2006, they were on a steady downtrend but rallied to move through their 20 and 50-day moving averages in June. In just 4-5 days, Sirius went up nearly 20%. This was simply too far, too fast and here’s why: The Slow Stochastic and RSI indicators show you how much momentum any given stock has moving up or down. When both of these indicators show extreme conditions (readings above 80 or below 20), they signal a potential reversal of the trend. In this case, the Slow Stochastic was above 80 and the RSI was near that point as well, meaning the stock was overbought and a reversal should follow. If you followed these indicators, you’d wait to buy stock since you’d know that there was a good chance that the stock would go down in value after you bought. By using these indicators before you buy a stock, you’ll consistently pay less per share and see profits sooner. Good trading, Charles
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.72
19.40