Hello:

Freddy Mac and Fannie May are bankrupt. They are about to collapse. They guarantee HALF the mortgages in this country. That's a $Trillion (WITH A T) worth of debt. The government is being encouraged to bail them out because, they say, we can't afford for them to fail.

If your government DOES bail them out, that will, in one fell swoop, DOUBLE the national debt and the taxpayers will be on the hook. Are you ready to take on that load? Are your children?

Of course, they're right (whomever they are), when they say we can't afford to see these institutions fail... If they do, the entire banking industry will too.

I have only one solution to this dilemma: buy gold.

excon

Yeah years ago when I learned all the 'end times' stuff that is happening now just as predicted they said when it almost gets to that time buy gold but some other metals could even be more valuable.

The American banking system is, and has been, teetering on the brink and many banks are insolvent. The stock market is unstable and taking hits on bad news as it happens. We have one Presidential candidate who is so out of it and "confused" that he maintains that he isn't going to raise taxes for wars and bailouts on ANYONE OR ANYTHING if he is elected.

The policies of the Republican Administrations since 1980 have brought our country to its knees because of their failure to deal with the IMPORTANT ISSUES of the day such as imported oil, and regulation of the money markets.

Meanwhile, some Americans chose to sleep through reality thereby being stooges for the powers that have been ruining the American economy.