American Consequences - June 2018

FROM OUR INBOX

cannot be altered by one party to that deal without the permission of the other party. If politicians promised borrowers one thing and then demand another thing, the politicians are crooks. Re: A Few Political E-Mails I am completely offended by your reference to the anti-American, socialist George Soros in your article. We should never highlight anything he personally invests in or not. He hates America and wants us to fail. You would have had to have lived on another planet to not knowwhat he has done in his life and the agenda he promotes. This is neither a Democrat or Republican issue, it’s an American issue. We should as Americans, distance ourselves from him in all forums and push him back to where he belongs, in the sewers. That’s where he resides. Every day he wakes up thinking of ways to destroy our way of life, our constitution, and our country. In the future, when providing us advice on investments, there is absolutely no benefit to any of your readers what this wolf in sheep’s clothing is doing or saying. The further away from him the better. – Robert W. Steven Longenecker comment: Robert, I doubt that this will change your mind... But while you might dislike his progressive politics, Soros generated more than $45 billion in profits from his investing activities... That’s more money that anyone has made from

investing except hedge-fund legend Ray Dalio. As Porter Stansberry wrote in a controversial essay last year – you could learn something from his investing method. Just imagine we still lived in the horse and buggy world where deficits actually mattered and actually had to be repaid or carried serious consequences. My grandchildren, all hard-working adults with children look at me as if my brain surgery (subdural hematoma) left some screws loose, when I talk negative about the debt-soaked world we live in. They often inform me that there is nothing to worry about as “life is still very good” for them and everyone around them. Reading is not fun nor important for most, unless it is a text message. I am 82, born in Germany, I feel like an irrelevant fossil from another planet in this all knowing and super enlightened surrounding. Yes, you guessed it, the boundless knowledge and enlightenment has come at considerable amounts of student loans. To quote a real expert of “debt science,” the Japanese FED chairman. When he reported that the national debt now stands at approximately 235% of GDP, “Please don’t worry.” – Detlef N. P.J. O’Rourke comment: Detlef, you’re speaking sense. But you might as well be speaking your native German. Let’s try to talk to your grandchildren in a language they’ll understand: WHAT THE MAN SAID!

20 June 2018

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