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Reply | Forward Message #1433 of 1438 |

The Vice President
Richard B. Cheney
www.whitehouse.gov/vicepresident/
boxer.senate.gov/contact/webform.cfm;


Hello any one there ??? there is a “Super Crash” coming.

The devastate to millions of Americans will be felt around
the world. The continued fallout will not slow down until
09AUG2009 look for an up-tick from there, until then its
all down hill.

16SEP08 BACKROUND:

The Fed has added 28% to the national debt in a DAY by
this take over the $5.5 trillion obligations of the two
giant government-sponsored mortgage lenders, with a
$200 billion down payment to re-capitalize them will not
work. Soon it will be discovered in coming months that
87% of that $5.5 trillion is bad-paper, and that salvage
value is only 715 billion dollars is the final residual.

SIDE BAR: A “BILLION DOLARS” is 22,000 people working
for one calendar year,

With the population at 301,139,947 (July 2007 est.) / 2.2
= households = 136,881,794 and a new average projected HOUSE
value of $146,000 the government just bought 27.95% of the
households in the USA, or 4,897,260 homes.

The Federal Reserve has been egger to agree to take on the
sub-prime loans as collateral from banks, giving them more
power to shore-up loans in return, in order to prevent a
further meltdown in the Stock Market. With yet another
large liability for the taxpayer. Now the Fed try to grease
the financial plumbing Monday, by pumping a total of $70
billion into the system through open market operations,
more tax-payer money, and it worked for two days.

Does any one see a problem hear ???

(pictures hear)

The Fed started the hole problem in the first place !!!! Their
“ONE” dimensional thinking is the problem. Where is there
COMPUTER MODELS of the USA and the WORLD economies ?? Do they
Not buy Gasoline at the pump? It appears that UCLA has a better
California and USA model than they do.

PUNCH LINE:

This ball-out will cost the average American $85,000 dollars
over the next 6-18 months... in (real-terms) not adjusted for
the coming fall in the American Dollar that’s $495.83 a month
for you and your “Grate grate grand-children” will keep paying
and paying and paying for this rescue.

Now, all you’ll hear about soaring gas and food prices
inflation and the credit crunch. The exploding trade
deficit… the stagnating economy one sound bite at a time.

Congress and the Press are missing the big picture.

“Fact is, the broad range of threats facing the U.S. economy
aren’t just isolated events anymore. They’re swirling together
to create a wealth-destroying “Super Crash” growing much more
damaging than the sum of its parts” *(1)

Indeed, more dangerous than anything we’ve seen since the
Great Depression, (1930 after un-employment hit 23%). The
coming “Super Crash”, un-employment will hit 75% and may
peek at 80% before Congress can act, that is they CAN NOT fix
“TRUST” and “CREDIT” issues, before the Financial Markets
hear and around the WORLD. [Up-Date], The recent action
of stopping SHORT SELLING against the BANKS will only prolong
this problem into 3 years instead of 2 years.

Just getting a handle problem of the “Super Crash” will take
Congress a year. Let alone any structural changes like ABOLISHING
the FEDRAL RESURVE, discerning the internist rates for different
usages, and consolidating the DOLLAR as we know it and issuing a
new MONEY SYSTEM tied to the new interest rate system. With the
New Federal National Bank will set and “over-see” the “FLOAT
IF WILL”, on exchange rates between the COLORS of money. While
Congress sets the “interest rates on the “COLORS”. This is the
only alternative to WAGE and PRICE CONTROLS, that still supports
a “FREE MARKETS” system.

Un-employment, Job-Creation and Energy independence are the
tasks before CONGRESS not meddling with the qualifications
of investment advisors, or trying to write regulations for
the STOCK MARKET. If you want more I have it.

Harold P Boushell

*(1) Parts are from:
http://www.oxfonline.com/MMR/MMR0708.html?pub=MMR&code=EMMRJ807


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Sat Sep 20, 2008 9:12 am

aiandga01
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Forward
Message #1433 of 1438 |
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The Vice President Richard B. Cheney www.whitehouse.gov/vicepresident/ boxer.senate.gov/contact/webform.cfm; Hello any one there ??? there is a “Super...
Harold P. Boushell
aiandga01
Offline Send Email
Sep 20, 2008
9:12 am

... Silly wabbit, the US constitution grants CONGRESS the power to contract debts (art 1 sec 8), and it prohibits the treasury from paying anyone anything...
Alan Grimes
al0nz0tg
Online Now Send Email
Sep 20, 2008
2:19 pm
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