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Updated: Wednesday, March 21st, 2001, 10:25 AM
Market Crash Worse
than 1929
by William Cooper
Veritas News Service --
Exclusive, March 21, 2001 -- This stock market
crash is worse than that which
occurred in 1929. Already the amount of
money lost since October, 2000
makes the 29 crash look like a Girl Scout
picnic. And it has just started.
This is the first time in my
lifetime that I have ever seen the markets fall
after a lowering of the prime
interest rate by the Fed. It indicates to me
that whatever confidence
Americans may have had in the Federal Reserve
and its worthless paper has
evaporated. Do you think Americans have
finally caught on to the fact
that paper backed by nothing is worthless? If
they have it may be too late.
This crash is so bad that Mom
and Pop may not ever be able to retire. Their
money has vanished.
The irresponsibility and greed
that motivated people to buy stock
overpriced beyond comprehension
is the best indicator of how far down the
moral and ethical scale we as a
nation have fallen. We have lost our
direction, our sense of purpose,
and our goodness. But worst of all we have
lost our spiritual identity.
When we threw God out the window we pulled the
plug on America.
If this crash continues it will
kick in draconian measures. You should watch
and listen for any indication
that the administration considers the crash to
be an economic emergency. If
that happens what I have been warning you
about for many years may
actually and finally occur.
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