Can you feel your toes? Yes, this real. The world as we know it has changed and is changing before our eyes each day. FDR and Teddy both would be licking their chops on what is taking place…Assets are melting on one side and capital is seemingly in the hands of government. The question is whether if or when the government will release their hold or are they in business with us for good? Do not give up. Many companies such as FORD, COUTTS, HSBC, and a list others have not drank the kool-aid… The question is if they can hold on until this perfect storm is over. This affects long term growth as everyone is wondering how the bailout recipients are doing. Some are finding out that they cannot pay it back or the pitchforks are threatened to released against them. We must as advisors find the value in non bailout companies and help support them to be profitable. If they are supplying a better product, buy it over the bailout company. Do not give capital back to government by investing in THEIR companies. It is that simple.
The ones of us involved in international investing and insurance know that our livelihood is threatened by this G20, new world order, one world government, and the march to shut down whole countries because of privacy issues. Evasion is here to stay and most of it is done on Main Street, not overseas. The high profile money gets attention but the real swindlers, like Madoff, live down the street. This is really over governments unable to live in their budgets and now must grab more supple lines of capital, the public economy. This whole crisis is really beginning to look suspect on its creation, duration, and effect on the entire globe. What seems to be bigger on the minds on leaders worldwide is how to implement more regulations on finance and to find new means of tax revenue, e.g. carbon tax. So, as the dust settles, look to what remains. Bigger, more aggressive government is what is being grown before our eyes as we eat the popcorn with the evening news. It is not the end, good or bad. It is up to us who interact with the investing public. We must what fund, comprised of companies, that we are speaking about and whether the client knows the risk of that fund. Did you think that the U.S. and the UK would go along with the threat of sanctions against Switzerland, and other countries if they did not do what a foreign government demanded? Wait, no, I am sorry. I was remembering the nations of terror and got confused. This is over money, not weapons of mass destruction but look, sanctions are the answer. Germany and France are detaining bankers, insurance executives from these evil, OFFSHORE, countries, and paying them to give up customer lists. This sounds like GESTAPO tactics, and I wonder where the GITMO GULAG is for these dangerous characters of finance. Is this rendition of the Patriot Act, wait, there is no war on terror. Just heavy handed, arrogant, socialists who want everyone else to live in their world, The one where they rule, not the individual.
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