------- Original Message -----
From: [EMAIL PROTECTED]
To: Undisclosed-recipients
Sent: Friday, September 19, 2008 5:37 PM
Subject: Fw: THE BAILOUT: THAT WAS AS CLOSE AS IT GETS -- Carl F. Worden
I couldnt say it any better.....Pass it around. hb
---------- Forwarded Message ----------
THE BAILOUT: THAT WAS AS CLOSE AS IT GETS
Carl F. Worden
9/19/08
To authorize an infusion of hundreds of BILLIONS in U.S. taxpayer dollars
into regional and investment banks poised on the brink of insolvency was just
about the most risky, illegal and brazen act that I have ever witnessed in my
lifetime, and you folks gifted with God's wisdom out there need to understand
that this overnight act was borne of absolute desperation. Whether you realize
it or not, every indication is that the economy of the United States of America
was poised on the brink of complete financial annihilation the evening of
September 18, 2008.
Charles Schumer emerged from the emergency meeting, that included
Treasury Secretary Paulson and Fed Chief Ben Bernanke, and said the scenario
that had been laid out for him was "frightening."
Let me accurately tell you what that scenario was, because I know very
well that these highly-ranked officials. senators and congressmen didn't
approve this unprecedented act if they didn't envision themselves standing on
the gallows to the jeers and cheers of a very angry crowd.
It doesn't take a psychic to spell out how the economic dominoes of this
complex and failing Ponzi Scheme would fall. The principles in that meeting
were undoubtedly told that an economic meltdown would produce a run on banks;
that it would produce food shortages all across the nation, particularly in the
highest density populations of the country; that job losses would spike and
that the People, who are armed to the teeth, would be coming after them if they
didn't do what is arguably the most illegal act our government has ever engaged
in. If you were anti-gun, socialist POS Charles Schumer, you would have
emerged from that meeting frightened as well.
Whether or not this emergency act works to stave off what I've been
telling you is ultimately inevitable, is very, very uncertain because it was
acted upon hastily and that means the individuals responsible for it didn't
have time to investigate the possible unintended consequences that very well
might emerge.
Some financial experts are saying it's like putting a band-aid over a
leak on Hoover Dam and I didn't hear anyone on Fox or CNN say this move would
halt the crash this tactic barely avoided.
What I am trying to impart to every one of you is that last night we
slept through a potential runaway economic Armageddon we could have awakened to
this morning or in just a few short days. If you have God's wisdom you will
immediately understand just how close we came, because those of us gifted by
God understand and fully grasp the principle that actions speak far louder than
words, and that this incredible and desperate move on the part of our
government, clearly proves just how fragile and tenuous our national economy is
at this very moment.
We dodged a bullet last night and unless you like the thrill of being
shot at, I suggest you make some very wise moves right now and look for cover.
Today, the U.S. Dollar began a slide again in response to the bailout
because the investors and speculators rightly recognized the inflationary
consequences of this bailout - and by the way - there are only ten 100's of
billions that make up a trillion dollars, so when these jokers speak about
"hundreds of billions of dollars" to bailout these financial institutions,
don't be surprised to learn later that they meant two-hundred thousand billion
dollars. That's two TRILLION dollars and that is a far more realistic figure.
The other item nobody wants you to think about is that foreign investors
are heavy into AIG, WaMu, Wachovia, Bear-Stearns, Fannie Mae and Freddie Mac,
and that they were poised to withdraw their investments overnight if something
wasn't done to protect THEIR investments. In other words gang, your tax
dollars are about to bail out a lot of foreign investors and not exclusively
American investors.
Over the past week, many investors have been liquidating their stock
holdings and placing their funds in bonds, which was a very wise move under
normal circumstances, but these are not normal circumstances, and bonds took a
vicious hit today when the emergency bailout announcement was made.
If I'd been privy to the meeting, I'd have run right out and purchased
$50,000.00 or more in WaMu stock, because it gained 42.14% today alone and that
would have given me a gross return on investment OVERNIGHT of $21,070.00. Tell
me everybody in that meeting kept a closed mouth and didn't tell their trusted
friends, and I'll call you a fool. WaMu was for sale a day ago and today their
stock rose 42.14%, entirely as a result of this bailout.
The only thing that happened overnight is that you didn't wake up broke
with your dollars worthless and in danger from marauding street gangs. You
were given this wake-up call as a gift from God, and I would suggest you set
aside your normal inhibitions and begin to act, because this bailout was a mere
interruption and not a preventative measure no matter who you listen to.
Here is my sage advice, and I suggest you take it.
1: If your state allows it, homestead your home. The rules for doing so
vary by state, and the amount you can protect under a homestead also varies by
state.
2: If you have few assets like real estate that can be auctioned off,
and you find yourself heavily in credit card or other debt in excess of
$20,000.00, file for bankruptcy now.
3: Stock up on dry rice and beans, 300 pounds each. Storing water is
burdensome and a better tactic is to stock up on water filters. Make sure you
have a propane camp stove stored along with a strong supply of propane gas -
preferably in minimum five-gallon to 50 gallon tanks.
4: If you do not own a gun, buy one, and I suggest two: You will need
protection when out and about, so buy a concealable handgun, and for home
protection against the inevitable home invasions that will occur, buy a
short-barreled, pump-action shotgun like a Mossberg for home defense. Don't
forget to buy ample ammunition, and I mean a LOT!
One of the first things that will happen when all Hell breaks loose is
that you will not be able to buy ammunition and you will not be able to rely on
police protection. Californians found out the hard way what it means to have a
14-day waiting period to buy a gun when they ran to gun shops all over Los
Angeles during the Rodney King riots and learned that there was no exception
for an emergency. They were literally at the mercy of armed gangs, they had no
police protection whatsoever and they were left defenseless without a gun.
Nice going, California!!
5: Make sure you have at least 30 gallons of gasoline stored (or diesel
if applicable) and be certain to treat that gasoline with a preservative like
Stabil. If things get really nasty where you live, 30 gallons of gasoline or
diesel could allow you to drive 600 miles to relative safety from a
high-density population area.
That's all for now. Ignore these warnings at your extreme, and I
believe, imminent peril. Everything I have been warning about is playing out
just as I predicted, but in this case the deterioration is accelerating faster
than even I anticipated.
Carl F. Worden
.
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