“The money from Heaven will be the path to Hell,” Robert Wiedemer, author of New York Times best-selling book Aftershock, unapologetically warns Federal Reserve Chairman Ben Bernanke and President Barak Obama in a recent interview.WOW!
Wiedemer is among a small group of financial experts notifying the Washington, D.C., establishment that their addiction to spending (the money from Heaven) will hurl America into economic cataclysm (Hell).
Commodities investment expert Jim Rogers adds to Wiedemer’s words of caution, “America is going to pay the price for all these mistakes . . . Mr. Bernanke has been wrong for 400 weeks in a row now. He’s never right about anything.”
In a CNBC interview, billionaire Donald Trump says Bernanke’s printing policy will lead to “massive inflation” and is warning investors to take steps now to protect themselves.
Most dismiss such warnings. But consider this: Since Obama’s inauguration, the federal debt has increased by $4.2 trillion. That is more than ALL the debt racked up from the birth of our country through President George H.W. Bush, according to CNS News. That comes out to a staggering $53,642 per family of four.
When Social Security, Medicare, Medicaid, interest owed on debt, and other obligations are included, America’s real debt is a daunting $55 trillion, leaving the average family of four with a jaw-dropping bill of $683,161.
Thursday, March 22, 2012
Posted by traderrob at 4:47 AM