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Second Financial Crash Coming ...
60 Minutes ^

Posted on 12/25/2009 8:10:59 PM PST by UncleVanya

Even 60 Minutes forecasts a major second crash. The fake Obama "bailout" with massive debt, printing money, "cap and tax," healthcare takeover, increasing the debt limit, giving Fannie Mae and Freddie Mac another "open season" on taxpayer money ... are setting us up for even worse.


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: bailout; bankfailures; bhoeconomy; crash; failure; fourth100days; obama
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1 posted on 12/25/2009 8:11:01 PM PST by UncleVanya
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To: UncleVanya
The commercial land bubble has yet to bust.
2 posted on 12/25/2009 8:12:25 PM PST by MaxMax (Obamao can't play in the Olympic reindeer games)
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To: UncleVanya

“We inherited this, we just didn’t know we did, it was in small print, and we’re only now seeing it...”


3 posted on 12/25/2009 8:14:30 PM PST by Darkwolf377 (Merry Christmas-wishing atheist prolifer)
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To: MaxMax

California .. tick tick tick .... POP!!!


4 posted on 12/25/2009 8:14:53 PM PST by PA-RIVER
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To: Darkwolf377
“We inherited this, we just didn’t know we did, it was in small print, and we’re only now seeing it...”

Never forget that Joe Biden said last month: "We may be wrong, but we believe in what we're doing."

5 posted on 12/25/2009 8:16:32 PM PST by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: UncleVanya

This came out a year ago.


6 posted on 12/25/2009 8:17:21 PM PST by Truthsearcher
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To: UncleVanya

Don’t forget the FDIC is in the red.


7 posted on 12/25/2009 8:18:25 PM PST by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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To: Man50D

Good idea to pull some physical dollars out of the bank to have some cash on hand. Get a good little safe box, hide it well in the house and keep it in a place you can get it out in under a minute.


8 posted on 12/25/2009 8:19:42 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: UncleVanya
Another set of worthwhile commentaries:
9 posted on 12/25/2009 8:20:38 PM PST by UncleVanya
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To: UncleVanya
Another set of worthwhile commentaries:
10 posted on 12/25/2009 8:20:47 PM PST by UncleVanya
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To: Secret Agent Man

Is there something to treat paper money with to make it fireproof?


11 posted on 12/25/2009 8:23:24 PM PST by HiTech RedNeck (I am in America but not of America.)
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To: HiTech RedNeck
Is there something to treat paper money with to make it fireproof?

You can convert it to metal.

12 posted on 12/25/2009 8:26:05 PM PST by Vince Ferrer
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To: Secret Agent Man

How much you think?


13 posted on 12/25/2009 8:26:14 PM PST by MarkeyD (I support the Secret Service but not their mission.)
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To: HiTech RedNeck

Send me all your paper money. I’ll be happy to “treat” it for you :-)


14 posted on 12/25/2009 8:26:33 PM PST by upchuck (The plan for 2010: Pray; Raise/conserve cash; Pray; Pay your debts; Pray; Stockpile; Buy ammo; VOTE!)
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To: UncleVanya
Fortunately, this is SeeBS News so it's not necessarily true.

Unfortunately, this just might be the one time they have their facts right.

15 posted on 12/25/2009 8:26:36 PM PST by Zakeet (America needs ObamaCare like Helen Thomas needs a Halloween mask)
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To: UncleVanya

save for later


16 posted on 12/25/2009 8:29:53 PM PST by massmike (...So this is what happens when OJ's jury elects the president....)
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To: MaxMax

The commercial land bubble has yet to bust.
.....

That will be a big one, and I have read it is the next one.

Of course, they don’t want the economy to get better- they want to ruin it as they transform it into a different economic system. So, yes, it’s going to get worse, and the WH uses the MSM to convey messages in their time frame.


17 posted on 12/25/2009 8:32:55 PM PST by Canedawg (Merry Christmas)
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To: UncleVanya

What is the date of the 60 minute program? It appears it was December 16, 2008.


18 posted on 12/25/2009 8:36:24 PM PST by kabar
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To: Zakeet

Our liberal Chicago relatives are seriously talking about the coming hyperinflation. Everyone knows.


19 posted on 12/25/2009 8:37:58 PM PST by reformedliberal
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To: HiTech RedNeck

No, just a fire-rated safe box. Put that inside another metal box.


20 posted on 12/25/2009 8:45:47 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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