Economic recovery is still a long way off

The economic recovery that media hype as coming but slow in arrival raises some questions. I find it hard with negative money supply, gold manipulation with the physical price of gold vs. the paper it is traded on, the huge commercial bank transfer of funds to Treasury and the ramifications for historic-level interest rate swaps to see we are on any road soon to recovery - indeed, just the opposite.

Since America allowed the Wall Streeters, politicians and central banks to gut the system and run a new world of offshore accounting and financial investment vehicles, circumventing traditional capital requirements and moving debt off their balance sheets, especially the use of $6.05 trillion in global derivatives, I find it hard to believe we would even begin to bounce back anytime soon.

I think our government is playing us and buying time to postpone the worst to come. A huge war is the only way out and we all know what that means in terms of loved ones and a nuclear/biochemical age.

The smart person will be one who minimizes lifestyle, gets out of any debt, buys gold and silver as protection and learns to be self-sufficient, live off the grid if you will - storing water, grow your own food, etc.

Ron Paul was correct in 2008 that this would come about. People laughed at him in establishment media; they are not laughing now.

Cort Stapleton

Cedar Rapids