Tuesday, May 11, 2010

Ben Bernanke's Great Big Lie

The Federal Reserve's Robbing You Blind...

Dear Concerned Individual,

"The U.S. Government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost," said Federal Reserve Chairman Ben Bernanke on November 21, 2002.

Saying that the U.S. Government could "…produce as many U.S. dollars as it wishes at essentially no cost" is a great big lie. Because there is a cost – it’s inflation.

And it costs you, and every citizen, by robbing them blind of the purchasing power of their dollars.

Since taking the helm of the Federal Reserve in 2006, this is precisely what Bernanke's done...he's printed money like there's no tomorrow. In fact, he's more than doubled the Fed's balance sheet while pushing the federal funds rate to near zero.

What this means is, Bernanke's methodically debauching the dollar to bailout the banks and stimulate the economy. Moreover, this means the dollars in your paycheck, savings, and retirement account, are being watered down to that of a cheap Budweiser beer.

But that's not all...

Warning: This is NOT for Everyone
Just so you know what you're getting into... Before continuing on, we must warn you:

This is NOT for everyone.

In fact, it may not be for you.

But if...

You've had enough of all the government bailouts, stimulus, and spending bills...and are doubtful it'll do a lick for the economy (Hint: it won't...in fact, it'll make things worse)...

You've watched in shock and awe as the stock market has run up 60 percent since its March 9, 2009 low and are considering getting back in the market (Hint: don't do it. This will go down as the all time sucker's rally)

You've suspected the global financial and economic crisis will send the world economy -- including the United States -- tail spinning into another Great Depression (Hint: it already is)...

You've asked "What gives with all these bank failures? And is my bank next?" (Hint: it's practically guaranteed)...

You're concerned the mortgage meltdown will only get worse (Hint: it's only just begun...Alt-A's are next)...

You wonder where all the "liquidity" the Fed "injected" into the system to "calm" the markets came from. And what the heck is "liquidity" anyway? (Hint: it's not what you think it is)...

You suspect the price of gas will once again explode over $4 per gallon...or more (Hint: you ain't seen nothing yet)...

You watched in awe as McMansion homes sprouted like alfalfa...sold at insane prices...and are outraged that we now have to bailout the wall street fat cats like AIG that insured these loans for people who couldn't really afford them to begin with. What gives?

You wonder why practically all the manufacturing jobs have been sent offshore due to "globalization"...

And why all the top U.S. companies are companies that don't make anything...but just shuffle paper.

You dislike filling out "government forms"...and distrust all the government meddling in your private affairs...

All in all, if you look around you and see a world that doesn't quite add up to what you're being told by politicians...the news media...and your broker...
Then you have absolutely, without a doubt, come to the right place...

For we have insights...we have opinions...and we have answers!

And even if you're not so sure about these things, please read on. For you soon may find them to be of utmost importance to the lives of you and your family in the very near future.

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So that you can discover and be informed of the many perilous financial and economic hazards that are increasing by the day -- hazards that could produce another Great Depression and wipe out what's left of America's middle class in the process. To offer insights into what you can do to protect your hard earned wealth and your family from the coming crisis...and to provide ideas for acquiring massive profits along the way. And to help you explore if this is an opportunity you think you may possibly be interest in...

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