Hi Everyone I received the following email yesterday. Just thought I would share it here.
Interesting news… FYI
Published December 16, 2006 11:01 AM EST
*** BREAKING NEWS ***
BANKS “CAPPING” WITHDRAWALS AT $1,000 MAX!!
REPORTS COMING IN THAT PEOPLE ON LINE FOR AN HOUR; TOLD THEY COULD ONLY WITHDRAW ONE THOUSAND DOLLARS!
Word of a possible collapse of the U.S. Dollar has apparently spread far enough and fast enough that the banking industry is reportedly LIMITING the amount a person can withdraw! More details as they become available.
Comments so far on this story (19)
Published December 16, 2006 10:31 AM EST
*** BREAKING NEWS ***
U.S. CONGRESS MOVES TO LABEL CHINA “CURRENCY MANIPULATOR”!
FURY AND FEAR IN WASHINGTON OVER CHINA SELL-OFF OF ONE TRILLION IN U.S. DOLLAR CASH RESERVES!
Fallout from failed meetings in Beijing is already becoming heated just hours after news broke that China intends to sell-off One Trillion of its U.S. Dollar cash reserves. Senator Charles Schumer from New York is already publicly calling for China to be declared a “currency manipulator” as events unfold threatening the collpase of the U.S. dollar as a currency.
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Published December 16, 2006 9:53 AM EST
PEOPLE LINING UP AT BANKS TO WITHDRAW MONEY FEARING DOLLAR COLLAPSE!
Folks at New Jersey Bank before it opened at 9:00 AM today
Word is spreading rapidly about potential collapse of U.S. Dollar as early as Monday. This was the scene outside one NJ Bank just minutes before it opened today (Saturday, December 16, 2006). Word in the crowd was that they wanted to make certain they have eneough cash if things get rough next week and banks are ordered to close!!!
Comments so far on this story (20)
Published December 15, 2006 7:27 PM EST
CHINA TO DUMP ONE TRILLION IN U.S. DOLLAR CURRENCY RESERVES!!!
Tells Visiting Bush administration officials they will not sit back and lose their shirts as U.S. Dollar collapses; they are getting out fast and large!!!
China withheld their announcement until Bullion Markets closed for the weekend to prevent an instant spike in gold and silver prices; Want to give the world the weekend to consider appropriate actions rather than have a knee-jerk reaction!!!
UPDATES AVAILABLE as of 9:18 AM EST Saturday, Dec. 16, 2007
Washington Post story on Currency Clash with China
Other Sources in Treasury & Commerce Depts, Pentagon, weigh-in
Congress Threatens to Declare China “Currency Manipulator”
Click Here for Story AND Updates
Comments so far on this story (73)
Published December 14, 2006 12:53 PM EST
LOOK WHAT WE’RE MAKING:
THERE’S A PRICE TO BE PAID FOR BREAKING THIS NATION’S FINANCIAL BACK AND A LOT OF YOU IN CONGRESS SHOULDN’T BE SURPRISED IF YOU PAY IT!
A financial expert, using government accounting numbers, PROVES the U.S. national value is MINUS $50 TRILLION; our nation is absolutely Bankrupt and the monetary system absolutely, positively IS going to collapse. Nothing on the face of the planet can stop it.
America is financially doomed. It has been killed by Congressional spending. The very least “We The American People” can do is to repay members of Congress and the Senate in kind!
Get your nooses ready, America. If the collapse happens, there’s a whole slew of Congressmen and Senators who are going to need lynching.