Tuesday, October 18, 2011
Take Action on Congress Now!
If you are a citizen of the United States you need to be aware of some very dangerous news: banks and financial institutions are trading in unregulated, over-the-counter (OTC) derivatives has reached unheard of levels - more than 600 trillion dollars in speculative value as of the end of last year 2010! That is an amount which is more than 40X of all the stocks traded on US exchanges.
And since the current administration has come into office, our national debt has escalated by an additional $4.5 trillion dollars. We all need to motivate Congress to aggressively and unilaterally cut all spending to save this country from itself.
Take action and expect the stock market to plunge 2000 or more points soon.