Showing posts with label depression. Show all posts
Showing posts with label depression. Show all posts

Friday, March 20, 2009

Is This the End of America?

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Terence Corcoran: Is this the end of America?
Posted: March 19, 2009, 7:38 PM by NP Editor
Terence Corcoran, Ben Bernanke, inflation
U.S. law-making is riddled with slapdash, incompetence and gamesmanship
By Terence Corcoran


Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U.S. Congress is launching another public jihad against corporations and bankers.

As an aghast world — from China to Chicago and Chihuahua — watches, the circus-like U.S. political system seems to be declining into near chaos. Through it all, stock and financial markets are paralyzed. The more the policy regime does, the worse the outlook gets. The multi-ringed spectacle raises a disturbing question in many minds: Is this the end of America?

Today, March 20th, Regulators siezed control of the two largest wholesale credit unions in the U.S.

In Zimbabwe, businesses and sellers of goods will no longer take the phony worthless paper money and instead want to be paid in GOLD! Yes, GOLD! And you don't believe that our phone fiat system is going to break down and do the same? I keep warning about the need to accumulate Silver, Gold and even Platinum coins, bars, etc to protect yourself in the future. Join some or all of the following. Check out Silver Tornado first as it lists several different programs. I recommend to start with Silver Eagles 4 U and SilverSnowball to start:

1) SILVEREAGLES 4 U - You can join this at NO COST!
http://www.silvereagles4u.com/dewein.mv

2) SILVERSNOWBALL - You can accumulate coins through this by referrals -
http://silversnowball.coim/1263

3) SILVERTORNADO-
http://www.silvertornado.com/?dewein


Time is running out. Inflation is on its way. Silver will go to $50, $75,$100 and more and ounce and Gold to $1000, $1500, $2500 an ounce and more.