Patriot Radio News Hour - 1/4/08 :Coming Economic Crash PT 1

Title: Patriot Radio News Hour - 1/4/08 :Coming Economic Crash PT 1
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Description: http://www.allamericangold.com/ Eric and Joe are on tap this Friday, reporting more bad news for the economy,as the Dow slides some 200 points this morning. Another 24,000 retail jobs were cut last month and because of layoffs in banks, lending institutions and on Wall Street, the stock prices are temporarily buoyed to keep investors 'happy' which is the first concern of any publicly traded company. We're in for a rough year because the Wall Street boys who see the handwriting on the wall, understand that the Fed doesn't know what it is doing with regard to tweaking the economy, or simple is out of touch and doesn't understand what really going on. . . . "They know NOTHING!". Inflation is already running rampant with wheat and soy beans up some 75% last year, and another 3%+ in one day (Jan 2008). Add the price of oil hovering at $100. barrel and the result will hit the pocketbooks of every American. If dollar were stable at 2001 levels, oil would be selling for about $31. barrel. Car manufactures reported down sales numbers for 2007 and expect even worse for 2008. Foreclosures were up dramatically in 2007, over 2006 numbers, and 2008 will prove to be even worse for the real estate debacle. Builders are selling undeveloped property at .20 on the dollar just to get cash flowing again, and guess who's buying? - Foreigners are buying US real property and business with our own worth less dollars. . . dumping dollars and walking away with real value and ownership in the good old US of A. Now, that's becoming the American way. Buy Gold & Silver - legal lawful tender. You may need it to buy groceries one of these days
Tags: allen, amero, bank, china, crash, dollar, dubai, economic, federal, greenspan, hour, nau, news, note, patriot, radio, resserve, u.n.,
Author: johnnyLiberty1776