iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

The Unraveling of a Ponzi Scheme, Right Before Your Eyes

“The news media in this country are in a stupor. Either out of ignorance, or complete leftist bias and fraud to protect their socialist hero Barack Obama, the mainstream media has turned a blind eye toward the enormous disaster facing our economy. The greatest Ponzi scheme in world history is coming to an end, leaving America on the precipice of economic Armageddon. Here are the facts the mainstream media does not want you to see- hiding in plain site just like Osama bin Laden was.”

Read the rest here.

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5 comments

  1. Juiceyfruit

    Obama should be tried for treason, and his black half, lynched … his white half, should join Angelo Mozilo in the Carribean

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  2. dazydee

    Ignorant Media? Socaialist Obama?

    I wish it were so…

    Media is in bed with whoever is holding the power of press conferences, exklusive interviews and “official” leaks. Left or Right.

    And Barack W Obama is just as right, or even more so, on many topics. Observe his actions, don’t listen to his words. Boy do I feel stupid getting suckered in to vote for him…. change… yeah, riiight…

    Don’t you think the GOP would have done anyhting different, if they were in power now. Another war and the printing press running hot. Just the talking points would be different.

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    • Jakegint

      I would disagree that the Media was in bed w. Bush… or at least not to an equal extent.

      You ought to read some of Ted Rall’s rants for an eye opener. He can’t even get a job with lefty media outlets because he dares to criticize the One. He’s the last honest lefty, God Bless his black hearted soul.

      (He’ll need it)

      ______________

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  3. drummerboy

    what’s even more sad are the comments.

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  4. ottnott

    Wood, please stop copying and pasting this nonsense.

    Take your current article. The second paragraph begins:
    “Bill Gross is the world’s biggest bond trader. He runs the PIMCO bond fund with over $250 billion under management. He recently disclosed through financial filings that PIMCO has sold every single U.S. bond in its portfolio. Local, state, federal bonds- all sold off. Gross knows bonds are about to default in record numbers.”

    Gross has been very clear about why PIMCO has dropped Treasury debt from its portfolio – he’s convinced that the US has and will continue to have a policy of trying to pay negative real interest rates to the holders of the debt. If the rates rose, he’d be a buyer.

    That’s what Bill Gross says. Wood’s pasted article is just some made up shit. Made up shit is harmful to your investing.

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