Cheney bracing for U.S. economic crash

Although I am, by some crazy twist of economic hoo-doo, considered a card-carrying member of the middle class, I somehow seem to be suffering from a constant lack of extraneous cash that would qualify me to join the ranks of investors in this country. If, however, I suddenly found myself awash with fiduciary abundance, I would certainly seek to invest it in such a way as to balance growth and safety.

To accomplish this, I would likely enlist the aid of whoever I felt had the most knowledge and foresight of where the economy was heading. Someone privy to a wealth of information on which sectors were winners, and which would be losers. Somebody like, say, the ‘acting’ President of the United States [1]:

Via a tip to PEEK, I was directed to a May report [2] that flew under my radar: Are Dick Cheney's Money Managers Betting on Bad News?

According to Kiplinger's, the Cheneys, who may be worth close to $100 million, have invested the vast majority of their wealth overseas, in markets that do not fluctuate based on the U.S. dollar:

Vice President Cheney's financial advisers are apparently betting on a rise in inflation and interest rates and on a decline in the value of the dollar against foreign currencies. That's the conclusion we draw after scouring the financial disclosure form released by Cheney this week.

Well, it appears that somebody in a position to know says that the U.S. economy is heading for one giant turd-storm in the near future. Glad my money is safely tucked away in textbooks and mac & cheese!