A Colorado commodities broker has shut down her firm, refusing to reopen until Barack Obama is removed from office.
Ann Barnhardt of Barnhardt Capital Management in Lone Tree, Colo., also warns on her website that the futures and options markets are about to blow, thanks in part to Democrat Jon Corzine’s imploded hedge fund, MF Global. Click here to read her stuff. Here are a few highlights:
“I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. … The entire system has been utterly destroyed by the MF Global collapse.
“Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate.
“MF Global is almost certainly the mere tip of the iceberg. There is massive industry-wide exposure to European sovereign junk debt.
“I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other “iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform.”
Click here to read my column on the MF Global debacle.