Bob Rinear decries America’s descent towards Marxism

Robert (Bob) Rinear asserts that a perverted concept of free trade has doomed domestic production in the U.S. in favor of cheap labor imports.

Robert Rinear is founder of InvestYourself and publisher of the Financial Intelligence Report. He has owned several successful business ventures, primarily in the jewelry industry. During his tenured career as an entrepreneur, Bob has been an unquenchable student of global economics.

“In just 30 years, we went from being the largest global exporter to the largest importer of goods. So, what was the result? Our manufacturing base is defunct, wages have been stagnant for 25 years, and the Chinese have a $2 trillion surplus while America runs $1.8 trillion deficits. It’s hard to believe, but in 2009, America needs to take economic lessons from a former communist country.”

Rinear’s introduction to the financial world began when he started to track and forecast the daily prices of tangible assets such as gemstones, gold and silver. As he saw the price of gold soaring in the 1980s, he needed to find the causes of that move. What he found was intriguing. Political issues, global economics and even something as simple as the industrial output in Japan would move the price of tangible assets. He needed to learn more.

As he became more “in tune” with the global economic process, he noticed that one of his best customers traded stocks and options on a daily basis. With Rinear’s views on the overall economic situation and “Charley’s” ability to pick stocks, they found a winning combination. But it still wasn’t complete.

Once introduced to the intricacies of the equity markets, it didn’t take Rinear long to realize that he had a knack for predicting the everyday flows of the stock and options markets. He began to attend trading seminars and training camps with the desire to learn how to make profitable trades on a daily basis.

One thing became abundantly clear: none of the classes gave him the total picture about how to accomplish his goal. Something was still missing in regards to trading stocks and options successfully. Likewise, he realized that not all opportunities came in just stocks and options. Sometimes it was a quick move in precious metals or Treasury bonds. Other times it may have been a move in a currency.

Not to be defeated, Rinear slowly developed his own trading style that began to produce profits. After taking what he learned from the seminars and injecting his own methods of calculating stock movements, options movements, currency, real estate and Treasury movements, a successful concept emerged. He expanded this trading concept into a workable platform that anyone could follow. That was the beginning of his newsletter called the Market Insight & Outlook that is now known as the Financial Intelligence Report. From those first few issues, it became clear that the public would benefit from his years of research. He decided to offer it to the masses.

A Shocking Observation From a Most Unlikely Critic

The first line of a recently published editorial entitled, “American Capitalism, Gone With a Whimper,” cuts right to one of America’s rawest nerves at present day:

“It must be said that, like the breaking of a great dam, the American descent into Marxism is happening with breathtaking speed, against the backdrop of a passive, hapless sheeple—excuse me, dear reader, I meant people.”

As poignant and harsh as it may be, perhaps what is most compelling about this piece is the source. Is it some “right-wing” rant of dissension? Some bitter remarks from a Western ally newspaper, frustrated with America’s apparent resignation as the leader of the free world?

No, the source is Pravda—the old propaganda machine of the former communist Soviet Union and the most telling of all critics in such a tenuous political and economic time in America.

Here are a few more quotes from the Pravda article:

“First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas than the drama in D.C. that directly affects their lives. They care more for their ‘right’ to choke down a McDonalds burger … than their constitutional rights.

Then their faith in God was destroyed until their churches—all tens of thousands of different branches and denominations—were, for the most part, little more then Sunday circuses. Their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the ‘winning’ side of one pseudo Marxist politician or another …”

Click here to read the entire Pravda article.

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