CNN Money: Williams Admits Great Depression Coming

[MASTERBAKER]

Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Explore these articles:

FDIC Girds For Bank Failures & The FDIC Will Seek to Rehire 25 of It's Own Retired Members, Many of Whom Specialized in Bank Closings.
http://www.thestreet.com/print/story/10405078.html
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/...

Wall Street Bank Run
http://www.washingtonpost.com/wp-dyn/content/article/2008...

US Properties Plunge Into Negative Equity Than At Any Time Since The Great Depression Of The 30's
Source: http://www.guardian.co.uk/business/2008/feb/24/useconomy....

U.S. Credit Markets Collapsing!
http://hosted.ap.org/dynamic/stories/E/ECONOMY?SITE=RIPAW...

I think now you get the point. The good times are over.

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[LennyNero1972]

You heard what dude said, "I wouldn't want to be president come 2012 , whoever wins this election is fucked(obvious paraphrase)". Guess who will more than likely be that president? Starts with a "O".

 

[thoughtone]

According to Nobel economist Joseph Stiglitz, the Iraqi war will cost us at least $3 trillion before it's done (more if we stay in there 100 years like McCain wants. I say raise taxes on the top %5 of income earners and raise corporate taxes as well as raise the FICA taxes above $90,000. They are making a killing at the countries expense!

 

[QueEx]

What was this thread? - some kind of premonition ?

 

[Blu Diablo]

Either that or he was simply paying attention to shit that was really going on.

Remember Rumsfeld made an announcement on 9/10/2001 that 2.3 trillion dollars could not be tracked at the Pentagon and that was BEFORE the war, subsequent occupation, and gross mismanagement of Iraq.

Of course the towers fell the next day so we all forgot about that.

 

[African Herbsman]

Alex Jones has been talking about this for years. The chickens are coming home to roost. Martial law will be here very soon.

 

[GET YOU HOT]

I used to be broke all the time. I stopped putting my money in banks some time ago and I don't use credit cards, I haven't been broke since...