Economic Storm Brewing in America

December 11th, 2006

Via: Telegraph:

The world economy is what matters, and I don’t like the smell of it. Nor, apparently, does Hank Paulson, who made $700 million at Goldman Sachs before taking over the US Treasury this year. He has reactivated a crisis team with a command centre in Washington to cope with the “systemic risk” in a market melt-down. His worry? 8,000 unregulated hedge funds with $1.3 trillion at hand, and derivative contracts now worth $370 trillion. “We need to be very careful here,” he said.

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One Response to “Economic Storm Brewing in America”

  1. The ability to create unlimited credit is the most addictive drug in the world. The dealers make a fortune and the users feel great…for a while.

    On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Controller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON. So, this ELECTRONIC BOOKLET should be reprinted, re-posted, set up on web pages and circulated far and wide.

    http://www.conspiracyarchive.com/NWO/Federal_Reserve_McFadden.htm

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