Following is a letter I sent urging my contacts to get involved in and do something about the current financial crisis.
Laura/whereabouts
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From: Laura Burke
To:
Sent: Tuesday, September 30, 2008 8:22:52 AM
Subject: Re: Martial Law declare in Congress last night and Palin issue.

The article below explains why the declaration of Martial Law in Congress is so important.

Keep on your representatives about the Bill because it will come back to the floor most likely on Thursday. Additionally, the Federal Reserve just infused $620 Billion into the Financial markets only hours prior to the vote yesterday. The result of this will essentially have the same impact on the dollar's negative value; i.e., depreciation, as if the $700 Billion bailout bill passed since in order for them to provide the money, they have to print it.

Making sure these bailout bills in their present form do not pass are critical to the future of this nation, it's financial future and the Greenback's continued existence. This is very serious, so please do not take it lightly. You must get involved and get in contact with your representatives and then further make an effort to understand the economics behind this insane system so we can correct it before there is a global meltdown and super-hyper inflation (yeah, that's a double negative, that's the point). Think of paying $40 gallon for gas, and $1500 per week for food for that is the reality if we allow the bailouts to continue and do not instead focus on the real issue; the debasing of our currency through careless monetary policies.

In addition to the credit criss, there is a 1 QUADRILLION Derivatives monster about to rear it's ugly head. 1 Quadrillion is 1000 Trillion. The Derivatives market will inevitably fail because it's essentially out of control bets on debt. The GDP of the entire globe is only about $60 Trillion so in order for the Derivatives market to have climbed as high as 1 Quadrillion, many of the bets/investments (promises to pay when the debt fails) that were made were made by those who simply bet money they do not have and will not have the ability to pay off that bet when it comes due. The Derivatives with it's main form of gambling on CDS (credit default swaps) is the reason why the Fed had to Bail out AIG, Fannie Mae, and Freddie Mac. This is a big deal. Take a moment to learn a bit about the Derivatives market and you will begin to understand how this monster will make the credit crisis look like small potatoes.

The single most important issue facing the future of this nation is the debasing of the dollar. Everything else pails in comparison. If your currency becomes worthless, it doesn't matter what you do, you'll have nothing unless you've invested in foreign currencies/markets or have a supply of gold and silver, which I am certain many of you have not and do not have.

In order for us to solve our Financial crisis we must solve the currency crisis. The ONLY way to solve the currency crisis is to END inflation. The only way to end inflation is to prevent the Federal Reserve from printing more money.

Guys, this is very, very, very serious.

Do something.
Laura
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