|
Could President Obama and Treasury Secretary Geithner suddenly impose
currency exchange controls on the United States and the U.S. dollar? It
might save globalization but it could devastate thousands of Americans.
|
|
The music has stopped on the players of ‘musical chairs’. Those
who have no gold in hand are out of luck. They won’t get it now through
the regular channels. If they want it, they will have to go to the
black market.
|
Congress was stampeded like a herd of wildebeest on the African savana and moves America one step closer to a socialist/Marxist oligarchy. We could have and should have learned this lesson 75 years ago.
|
|
The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages. [UPDATED 1]
|
