Hyperinflation Threatens To Make America Into Weimar Republic 2!
Wow! Who would have guessed that President Obama, Senate Finance Committee Chairman Chris Dodd, former Presidential Candidate John McCain, and Secretary of State Hillary Clinton (former Senator from NY) would be the biggest recipients of AIG campaign contributions (bribes by another name)? Remember Enron?
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Oh my god! This one speaks for itself. And this is just what we can track. All the secret new conduits the Federal Reserve and Treasury Department are using are completely hidden.
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"To be honest, I don't know what the chances are for the Federal Reserve's actions to achieve the desired results. But I believe that we are more concerned with deflation rather than inflation at this time."
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Just since Helicopter Ben Bernanke's latest helicopter drop of $1 Trillion into the economy, look at the slips in the US dollar. No concern for inflation there, huh Helicopter Ben?
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"See, the plan, in a nutshell, is to grab the economy and choke it back to life. The way we'll know we've succeeded is when it stops moving entirely."
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If China and Japan begin to draw down the American Debt they own, economic chaos will quickly ensue.
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Joseph Cassano, the former leader of the AIG Financial Products Division, is the guy who singlehandedly fucked the world. Not surprisingly, Michael Milken--of the 1980's S&L scandals--was his mentor. His division made a reported $5.0 Billion dollars in revenue while paying out $5.5 Billion in salaries. I'm not an economist, but I am a thinker, and that looks like Half-A-Billion in losses before the meltdown even began. Don't worry though, Cassano got a sweet $1 Million-a-month-for-life severance package from AIG, and made over $280 Million during his tenure at the company. Thanks Big Guy!
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America, losing it's position as the world's leading Reserve Currency while the Euro steadily gains. The G20 meeting in April could be the tipping point.
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"Bye bye America."
Is America on the Path to Becoming the Second Weimar Germany?
Federal Reserve Chairman Ben Bernancke's latest "Helicopter Drop" of $1 Trillion new U.S. dollars into the economy presents the latest risk to a hyperinflationary environment.
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