Tuesday, September 7, 2010
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government-sponsored scheme, of easy-credit Profits Grew banks, stock prices and Their Multiplied . And , Greenspan as Fed Chairmans And Then Bernanke continent to prop up the economy with money ever Cheaper, Bang! Their banks lost customers, Their managers, Their share values, and Many Went bust. So let's be clear about the cause of this catastrophe . It Was government-sponsored easy credit . It enabled the housing bubble That ultimately led to the bank and the credit crisis Failures . In the U.S. Rests the blame squarely on Alan Greenspan and Ben Barnanke and across the pond, It Was the likes of Gordon Brown. So , now we have the Central Bankers trying to set things right? Why would they succeed now when it was the Fed's brilliance that got us into this mess in the first place? We can only “hope” . \nLet's be clear , all Governments and all elected officials are interested in deferring pain , being popular and getting re-elected . Governments and banks around the world including the U . S . , Britain, Australia, Russia and now the pan-European banks are all in deep serious trouble because they promoted cheaper and easier credit than the market could sustain. \nAnd now , with its easy money policies , Washington is giving us yet more of the wretcheddar stuff that got us Into this mess in the first place . Do not think for a moment That Washington is going to solve this problem overnight . 've got to take charge of your money yourself . That's why I'm suggesting urgently That , Given what's Happened and We Are Were now, You Need to make a Reevaluation Careful of What You're doing with your money . In this stock market , with Rising Unemployment, recession and with Serious inflation about to ravage what's left of Our economy, you need a solid, sensible plan That Will Not Only Protect you from Further Losses, But Also help repair the damage " . As bleak as Things seem May, this ma rket is ripe with A Few solid , Timely Opportunities That Are Perfect for the retired investor who's looking to Avoid Risk , generate Income, and grow the value of historical portfolio! You Can choose to get caught up in the panic and fear . Or You Can choose to put a never ending stream of cash Into your pocket. It's your choice ... I suggest you choose cash! But I caution you ... Everything is Different Now events Than Just a few months ago! The old rules no Longer Apply . All of the traditional safe havens Are at Risk! If You Are A retired investor , Investing for retirement or you're interested in. Generating and safe, high-yield Income, You Need to reexamine were reassuring viewers the “Goldilocks economy” was still just right, I was advising my readers to avoid Wall Street's high-flyers and into which low-risk securities to put their money . \nEarly in 2008 , when the market was flying high , few Wall Street professionals wanted to publically acknowledge the danger signs . (Of course , those who shorted the market got rich during the selloff . )\nEarly 2008 , if I'd told you that Merrill Lynch and Bear Stearns would be gone , would you have believed me?\nIf you heard me say then , that AIG , the world's biggest insurer , would go belly up, would you have wondered if I'd lost my mind? If I'd a year ago Told You That Congress Would Be Forced to pass an $ 850 billion bailout to save the U.S. (and the global) economy from a total meltdown, Would You Have listened? If you'd Told in October 2007, when to the Recent market STI WAS hitting high, That You Need To prepare your disaster An Economic Investments for the likes of Which you'd never seen, Would You Have Dismissed me as a Chicken Little? I've been sounding the alarm for Some time now and Offering specific, what-to-do protection Against What Has Turned Into a catastrophe for millions of individual investors. And although Sadly, MOST retired, or soon-to-remove, Investors Avoid Did not painful, life-Altering loss, my defensive Strategies importations Highly Effective in Limiting the damage. While the
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