Obama to the rescue? (someones keen)

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gesso
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Obama to the rescue? (someones keen)

Post by gesso »

I got emailed this very soon after the long roll call :yawn: and then the amazingly short address on how he was going to save the US



Stocks plunging worldwide!

Gold, inverse ETFs, and other crisis hedges soaring!

Long, deep bear market dialed in for 2009 and 2010!

Emergency online briefing — THE 11 LAWS OF BEAR MARKET SUCCESS — to help you keep your wealth growing even in the worst of times.

Click This Link to attend free of charge!

Dear Subscriber,

When you hit your thumb with a hammer, it hurts like heck. But the solution is definitely NOT to hit it still HARDER or with a much BIGGER hammer.

Yet, when President Obama adds his autograph to Congress’ latest $787 billion spending spree this week, that’s essentially what he’ll be doing — assuring a deeper decline in the economy, a longer bear market and MORE pain for most investors!

Never forget:

Back in the 1930s, FDR threw trillions of dollars (adjusted for inflation) at a similar crisis ...

But in the Great Depression, 15 million people still lost their jobs — and the crisis only ended ten long years later when 12 million Americans got new jobs — fighting Adolph Hitler and Hideki Tojo.

In the 1990s, Japan’s leaders threw trillions at their real estate crisis, credit collapse and deep recession ...

But the crisis crushed their stock market for nearly TWO DECADES, strangling their economy, and culminating in last quarter’s catastrophic 12.7% plunge in GDP.

Just in the last two years, the Bush administration threw trillions at the recession and at failing banks ...

But today, despite that spending spree, 15 million Americans are now unemployed — and another 600,000 or more are losing their paychecks every month!

And it looks like we’re going to have to pay an even steeper price for THIS year’s failed packages by the Obama administration.

NO WONDER global investors are recoiling in disgust!

The ultimate futility of Obama’s efforts — and the danger that they could backfire much like similar actions in the past — is reverberating all over the globe.

That’s the main reason investors are voting “no” on the stimulus ... running for cover ... dumping stocks like crazy ... and stampeding into crisis hedges like U.S. Treasury securities and gold.

That’s why every major stock market in Asia has plunged since Friday; why all 11 major European stock markets have cratered in unison; and why gold is going through the roof.

Global investors are waking up to the truth we’ve been telling you all along: That throwing trillions more dollars at this crisis can only make matters worse ... postpone the real solutions ... deepen the depression ... and potentially prolong the bear market for years to come.

That leaves you with only two choices:

CHOICE #1: You can abandon all hope of growing your wealth for years ... a decade ... even two decades or more, or ...

CHOICE #2: You can learn how to USE this crisis to protect and grow your wealth despite stock market disasters and even BECAUSE of them!

For my part, I’ve decided NOT to wait ... and I don’t want you to wait either.

I want to give you the confidence to keep your wealth growing NO MATTER WHAT!

That’s why I’ve just scheduled a very special — and completely free — online event to help you. It’s called ...

THE 11 LAWS OF BEAR MARKET SUCCESS
How To Prudently Grow Your Wealth
Even When Others Are Losing Everything

In this fast-paced, one-hour, online video briefing at noon on Thursday, February 26, I'll bring you quickly up to date with the latest dramatic changes that pose grave new risks — and open great new opportunities — for every dollar you have invested, including ...

The Washington Bailout Disasters: How and when the new stimulus and bank rescue packages will backfire, plus what you must do now to protect your wealth and your family.

Wall Street Treachery: How big mutual funds, financial planners and Wall Street brokers have dumped pure garbage into your portfolio.

Main Street Sabotage: Why many of the investments they tell you are "safe" — "too-big to fail" banks, "insured" municipal bonds, and junk bonds masquerading as quality bonds — are little more than ticking time-bombs set to blow your portfolio apart at virtually any moment.

Bomb Disposal 101: How to quickly spot and get rid of the landmines concealed in your portfolio.

Bear Market Bonanzas: Precisely how this bear market gives you hundreds of opportunities to make money more quickly than virtually any bull market. Six types of investments that make that possible immediately.

The 11 Laws of Bear Market Success: My 11-point checklist for making money in times like these — the rules I follow to determine what I'll buy or sell, to improve my timing, to lower my risk, and to boost the profit potential in all markets.

This must-attend briefing is FREE
and registering takes only seconds ...

Just click this link to tell me you're coming and to make sure we can get you the instructions for attending.

And when you've reserved your place, please also jump over to my blog — and tell me the one thing I can do for you at this event that will help you most!

Good luck and God bless!


Martin


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Now my perception of this crisis isnt yet fully formed but Good ol' John Prescot just spouted love for the plan
So BE AFRAID, VERY AFRAID
Mark Fisher
www.thegildersstudio.co.uk (Now Closed)
tel 07513605550
GL544DX
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Bill Henry
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Re: Obama to the rescue? (someones keen)

Post by Bill Henry »

Obama to the rescue? (someones keen)

We are all keening at this point.

None of the Republicans voted for the bail out. Not a one!

Democrats claim that they are being obstructionist – politics as usual. Republicans claim that the Democrats are pouring money down a hole just so that they can claim that they are doing something … anything. So far, they’re right.

It didn’t work in the ‘30s; it ain’t gonna work now, IMO.
Don't take life so serious, son, it ain't nohow permanent! – Porky Pine
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gesso
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Re: Obama to the rescue? (someones keen)

Post by gesso »

For once Bill I completely agree with you and.....(swollows hard) with the republicans....I feel sick :puke:
Mark Fisher
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tel 07513605550
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gesso
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Re: Obama to the rescue? (someones keen)

Post by gesso »

Part 6/11

or didI mean Clinton, err Bush.



Mark Fisher
www.thegildersstudio.co.uk (Now Closed)
tel 07513605550
GL544DX
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Bill Henry
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Location: Litchfield, NH USA
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Interests: Dry mounting dog hair, counting age spots on old people, playing chess with wood elves, scheming to take over the world.
Location: Litchfield, NH USA
Contact:

Re: Obama to the rescue? (someones keen)

Post by Bill Henry »

I’m not a big fan of President Obama’s policies, but, to be fair, that link is pure propaganda. I suspect that the producers of the video are in league with some anti-federalist/ Libertarian group.

The implication that the Federal Reserve Board is a secret cabal is just plain fabrication. The Board of Governors as well as the chairman are, indeed, appointed rather than elected officials. But, their appointments go through a congressional “advise and consent” process which is designed to guarantee complete independence from political pressures. Much more so than judges appointed to federal courts.

Once confirmed, it is extremely difficult to remove someone from the board of governors (I can't remember it ever happening). They are held over from one Presidential administration to the next without interference from politicians.

This is not true of the cabinet position for Secretary of the Treasury who is a political appointee.
Don't take life so serious, son, it ain't nohow permanent! – Porky Pine
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gesso
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Re: Obama to the rescue? (someones keen)

Post by gesso »

Time will tell. IFit's got legs it's out of the bag from the start.
Mark Fisher
www.thegildersstudio.co.uk (Now Closed)
tel 07513605550
GL544DX
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