Is Cheney Betting On Economic Collapse? (US)The VPs Curious Investment Portfolio

[IChing]

By MIKE WHITNEY



Well, as it turns out, Kiplinger Magazine ran an article based on Cheney's financial disclosure statement and, sure enough, found out that the VP is lying to the American people for the umpteenth time. Deficits do matter and Cheney has invested his money accordingly.

The article is called "Cheney's betting on bad news" and provides an account of where Cheney has socked away more than $25 million. While the figures may be estimates, the investments are not. According to Tom Blackburn of the Palm Beach Post


Do the math! They're not investing in America anymore. They are decreasing their stockpiles of dollars. We're sinking fast and Cheney and his pals are manning the lifeboats while the public is diverted with gay marriage amendments and "American Celebrity".

>>>>>snip


http://www.counterpunch.org/whitney07052006.html

[BayCityProgressive]

1. of course it is going to collapse

Cheney's home country, Halliburton, is already moving overseas. They can live together in the Middle East and party with AIPAC while Arabs are murdered and Americans starve.

[IChing]

4. Of course but the analysis of his portfolio can

help a lay person understand WTF he is doing which might help people see what is going on.

The bushen Fuhrer moves to Paraguay and Darth Cheney moves to W.

[checks-n-balances]

8. And the U.S. economy goes the way of Enron - w/same people involved

How much money can these people really NEED? It's like buying nuclear weapons that kill the same target thousands of times over. Sick.

[jimshoes]

2. Real patriots

this bunch. Feh!

[Solo_in_MD]

3. Isn't most of his assets in a blind trust

[IChing]

6. Link to Kiplinger

I used to subscribe to the newsletter and it was on top of things in the market before I got out of the market.

http://www.kiplinger.com/features/archives/2006/05/president.html

http://articles.moneycentral.msn.com/Investing/Extra/CheneysBettingonBadNews.aspx?wa=wsignin1.0

[zeemike]

5. Well if you think about it

If you hate big government the easiest way to get rid of it is to spend it into bankruptcy so there is no choice but to privatize it;s functions.
And it is particularly sweet when all that money was spent to give the very corporations that will be buying up the government huge profits from government contracts. .

[Old and In the Way]

7. $25MM?

I'll bet it's over $100MM. Amazing how a lifetime of public service pays off.