Bob Called It
(I began publishing my monthly newsletter The Bob Livingston Letter™ (subscription required) in 1969. The following is an excerpt from the September 2004 issue in which I outlined the goals of the U.S. and U.K. governments. We see that much of this has taken place or is currently taking place.
I want to give you a list of things and thoughts that all governments today want and are skillfully maneuvering for, especially in the United States and the United Kingdom. There is no particular order or priority.
(I began publishing my monthly newsletter The Bob Livingston Letter™ (subscription required) in 1969. The following is an excerpt from the August 1997 issue in which I recognized that republicanism was already lost, the vote was meaningless and being recognized as such, the middle class was being destroyed, the stock market — propped up by the Federal Reserve’s money printing and laws driving private money into the stock market via individual retirement accounts — was a bubble and that the evolution toward democracy would spur legislation sanctioning and promoting depraved behaviors.)
Most of you are already informed enough to know that the American nation was founded as a republic, not a democracy. A republic is a limited, representative, participatory government. A republic is the almost natural result of public order built upon the individual, the family, the Church, and business and many, many private associations and relations. Democracy is not necessarily a representative government, but it is an illusory participatory government. People tend to think that democracy is evolved or modern republicanism. Democracy is truly a veil for a wicked government that places all matters, including personal and private ones, into the public view, for public legislation.
(I began publishing my monthly newsletter The Bob Livingston Letter™ http://www.boblivingstonletter.com/ (subscription required) in 1969. The following is an excerpt from the July 1996 issue. Now we know that included in the Obamacare deathcare law, the misnamed Patient Protection and Affordable Healthcare Act, is a provision to establish panels that will ration healthcare treatments to older patients based on their “worth” to society (i.e., death panels). In other words, euthanasia has moved from unofficial to official public policy.)
Abortion, murder and infanticide is public policy in America. When anything becomes public policy, it is actually government sponsored. Public policy is a high-sounding term which implies that the people agree and desire certain action.
(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the June 2002 issue in which I advised readers to buy gold and gold stocks and get in on the bull market in gold. Over the next 10 years, gold gained an incredible 500 percent before its price was manipulated down over recent months. The gold stocks I recommended brought incredible returns.)
Gold is in phase one of a new bull market. Few people know it. The public won’t know it until phase three, after the dollar price of gold and gold stocks have skyrocketed.
If you have big losses in the big market now, switch to the gold market. Any broker or discount broker like TD Waterhouse can buy and sell gold stocks. You may have a chance to recoup your losses and accumulate generous profits by phase three of the gold bull which will be two to three years out.
(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the May 2001 issue in which I advised readers to get out of the crashing Nasdaq market and put money in gold. The Nasdaq suffered three crashes over the next nine years, while gold has gained an incredible 434 percent. The Nasdaq is up only 52 percent from its May 2001 mark and is still down more than 34 percent from the dot-com bubble high.)
Gold and gold stocks are beginning to move up again. Gold has had so many false starts that nobody has any confidence in a gold bull market starting again. Gold has had a 21-year bear market after a 1980 blow off.
I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. Today’s Bob Called It is an excerpt from the April 2000 issue, in which I warned of the collapse of the dotcom bubble and advised readers to get out of tech stocks to avoid major financial losses.
(Bob began publishing his monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the March 2000 issue. Bob was one of the first writers to warn of the coming crash in the housing markets and lay the blame on the steps of Fannie Mae and Freddie Mac. He forecast exactly where we stand today.)
The credit bubble is still growing — some day it will burst… Two biggies are Fannie Mae and Freddie Mac. Combined they have $1.6 billion reserves to cover 1000 times that much debt that they created. Add to this the credit being created by Wall Street and major corporations like GE Credit, GMAC, Ford Motor Credit, etc. Just get this: While the Federal Reserve has increased its reserves by $70 billion in the last 21 months, the above have created credit in excess of $521 billion. Mind you, these artists call debt “assets.” Economists are so used to calling debt “assets” until they are oblivious to the underlying horror. Do not be misled into believing that only banks create credit.