Questions For Bob
Cannot tell you how much I enjoy receiving your newsletters. Your no nonsense, cut to the truth approach about wall street, the housing market, the job market, all the failed bailouts etc. is exactly what I always sensed but never heard it from mainstream media, the right, the left, Fox news. I am one of the 13 million plus that lost jobs between 2006-2008, had to reinvent myself to pay the bills. I am very much a patriotic American, served in the US Navy for five years, mostly aboard US nuclear submarines, worked as a communications officer abroad for the CIA from 1981-1988, worked as a transportation broker in third party logistics companies from 1992-2008. I was pretty much out of work until September 2011, and now work full time as a security officer in northern California. I have changed from a democrat in the 70′s and early 80′s, Republican in 80′s to 2008 and today I am a declared independent searching for the real truths about why we have fallen to where we a! re today and where are we headed in the future? Our priorities seem to have really changed from when I grew up in the 60′s and 70′s. Seems today prisons get more attention than the schools, jobs are becoming such a hard commodity that kids drop out of school in droves all over the country. The housing market is in the toilet, social security is going to be bankrupt in the not so far ahead future and all our politicians only care about saving their own face and protecting their own assets. Anyway, thank you for your letters and in a few weeks I plan to buy your book because I want to find out the real truth about what happened between 2006-2008 that really changed our society. Thank You and God Bless you Bob Livingston!!!
I am an enthusiastic reader of your information. But I am left with frustration. Thanks to you, I have an adequate supply of essentials including food, vitamins, gold and silver. I am 77 years old. I live alone and practice full time. I am blessed with excellent health.
I have four desperately important questions:
- Can I feel “safe” with my retirement funds in bank holdings with Merrill Lynch? I am not comfortable with European currencies, even Swiss, because of the turmoil in Europe. The thought of government confiscation of my funds or having my money become worthless is terrifying.
- What I need is a sign of the approaching doom. I know of nothing to watch except the banks closing their doors. What businesses will be able to function?
- I have family with their homes “under water” and unable to re-finance without enormous up-front funds. Is there any temporary safe haven to save their homes?
- How will we pay bills? Especially big mortgage and insurance payments.
Bob , I am simply asking for some signs to watch for to help me sleep better and not wake up in terror.
I need a good word from the Master (YOU) before I invest in your CD- Seminar packages. Thank you for your wonderful Christian philosophy.
Jean Alice Lord, D. C.
I read your letter (The Bob Livingston Letter™) every month and have a question about some of the conclusions you have come to in December. I know that the Fed is increasing money, which causes inflation. But I just read a book by Harry Dent and he makes a great case for deflation a la Japan style. His work is based on demographics, and, he says, we are entering a “winter season” in the economy. Per Mr. Dent, this happens about every 80 years or so. That the Fed, no matter how hard they try, cannot outdo the baby boomers who are saving rather than spending now. Japan has tried desperately to stimulate its economy (which is about 12 years older than ours) and it hasn’t worked. What is your view of this?
Q: Does it do any good for us to write our Congressman about an issue?
A: I cringe when I read “write your congressman.” I think of Dracula being in charge of the blood bank. With very few exceptions, the “elected” politicians are completely amoral. They have a completely different mindset from the people they are supposed to represent. They have absolutely no concept of right or wrong.
I am a regular reader of The Bob Livingston Letter™ and I was wondering if you have endorsed Ron Paul yet and if not why?
I read an on article on the devaluation of the dollar (The Bob Livingston Letter™, September 2011) in which you mention alternatives to the dollar. You mention the Swiss franc annuity. Can you elaborate as to how it works and how one would go about to obtain this type of annuity?
Mr. Lee Bellinger states the following in his fall 2011 Precious Metals Quarterly report: “In August, the Swiss had thrown their franc under the bus. They promised to print it in “unlimited” quantities, if necessary, to maintain Peg between the franc and the euro. Thus the Swiss franc, one of the best and most trusted currency safe havens, was demoted and sent to assume its place in the long line of crumbling fiat currencies.”
What are your thoughts on this? Since I have a Swiss Annuity this is quite disturbing to me.
Will an EMP (electromagnetic pulse) occurrence affect everything with electrical wiring? I have a new metal roof and two barns with lightning rods with 6 foot solid copper rods for grounding. Would an EMP destroy this? Will my automobiles that have computers be worthless after an EMP? Could I take the batteries out of my 1980 and 1987 vehicles and transfer them?
I received an email in support of Newt Gingrich. So am I understanding you correctly that you are a supporter of Newt over Romney?
Please explain why you feel that way?
I have a question. I enjoy reading your newsletter and agree with much of what you say about the economy and so forth. You say you’re ultra conservative, which I consider myself the same. In the last column I read of yours (October 2011 BLL) you talked about the upcoming fire storm caused by quantitative easing. Your quote:
‘Quantitative easing’ is a cover and codename for currency debasement and destruction. For you, my dear middle class American, this ‘quantitative easing’ is an involuntary transfer of wealth from you, the taxpayers, to a narrow financial elite. It is by far the largest looting in the history of the world.
Oh, it is not difficult to understand. It is just ruination via the printing press. History is full of it. The people who perpetuate this crime against all holders of the ‘trusted’ dollar are faceless. They seldom pay for their crimes.
The Federal Reserve is supporting the corrupt banking system and the political rot euphemistically called democracy?
I understand the problem with printing money and all but you nearly sound the same as the OWS protesters. What is the difference between your anger at the Banking System and the protesters anger? How can both opposite mind sets blame the Banking System, but one side align with Obama and you with Conservatives?
Who are the Financial Elite? Are these the same as the 1% the OWS speaks out against and also the same that Obama wants to raise taxes against? Or are the Financial Elite some other group, politicians, Socialist and Communists who normally garner all the wealth while claiming to hate the rich. I’ve been basically supporting this 1% against Obama and the OWS , thinking that this 1% is the wealth builders and job creators, rather than crooks and thieves. Who is right?