Monday, April 14, 2014

Financial FRAUD to Cause Devastating MELTDOWN!





Fraud is everywhere in this system. Warren Buffet pretends to be innocent and is first in line to receive billions of tax payer bailouts! The economy is now built upon the Fed's money printing and is thereby extremely fragile. The public will wake up only after they have realized that their money is worthless.
Why Bernanke's 'open mouth' operations beat policy moves
NYU's Taleb Says Debt Raises Risk of `Catastrophe'
"I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations," Faber said. "They have no earnings. They're valued at price-to-sales.
Berkshire Hathaway, in which Buffett owns 27 percent, according to a recent proxy filing, has more than $26 billion invested in eight financial companies that have received bailout money. The TARP at one point had nearly $100 billion invested in these companies and, according to new data released by Thomson Reuters, FDIC backs more than $130 billion of their debt.

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