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60 Minutes breaks the story of the decade.
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JohnDeereGreenWKY
Posted 3/16/2010 00:08 (#1122460 - in reply to #1120746)
Subject: Re: 60 Minutes breaks the story of the decade.


West Ky
Do not believe any stat or figure from the Gov. they are mostly all fudged and down right lies on most. Unemployment for example feds say 9.7 every other service says it is around 20%. Our country is broke and no one is talking about how now our SS money is out and the fed is going to have to start borrowing money to pay out social security. The FDIC is broke and they are wanting to use everyone's 401k (around 2 trillion) to back the 2800 banks that underwater and are collasping. That means all your retirement is gone! The banks leveraged themselves by loaning upwards of 70 times deposits out to joe blow which artificially inflated the markets and will lead to a bust. You haven't seen nothing yet in regards in financial destruction. What has happened in the past couple of years is nothing more than a couple of sprinkles from the ocean of devastation that will sweep the planet. And it was done intentionally.
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