In February of last year my broker told me to take my money and hide it (HIDE IT NOT DEPOSIT IT) and not even think of the stock market for five years. Honest to God I thought he had gone crazy. Now I call him and thank him for his advice. He told me that he had been attending high level meetings for months in which the (then) coming crisis was discussed.
Remember that was before any mention of problems to the general public. THEY KNEW IT WAS GOING TO HAPPEN. He told me that he was instructed not to mention it to any clients or other employess. He said he just could not live with himself if he did not. After warning many of his clients to get out without explaining the reasons behind his advice he was suddenly demoted and put in an office where he handled no clients, yet recieved a base salary paycheck every payday.
He worked for CITI GROUP and he was one of maybe a few that had any concience. He saved me and my family from total collapse.
He was fired last month and now is looking for a job. I talked to him yesterday and he says that there are terrible days ahead for America and the world as a whole. He stated that the powers that be (BIG MONEY) tried to conceal the truth as long as they could to make as much money as they could before the fall. The high excecs started giving bonuses left and right to pad their offshore accounts as fast as they could.
He said the car companies were and are presently doing the same thing..that the guys there now are the last guys out and are stuck trying to get as much as they can and with Obama they plan to get a lot as well as the unions before the end hits. Thats what he said and he was saying it for months to me. I just found it to hard to believe but now I know he was telling the truth.
I instructed my wife to take all our money and convert to cash. We have several CD's that are up for renewal next week and the week after that and they will be converted to cash. The reason being the anouncement about the FDIC. I just find it very hard to belive the government would let it go under..my broker says that it will probably happen but he believes they will prop it up for at least two years...but to be safe cash out. He repeatedly told me that I as well as most of the population has no idea of what is coming and just how bad it will be.
If the idiot Obama keeps going the money will end up worthless anyway.
Had it not been for that man I would have been on the streets months ago. I told him to come to my home and I would feed him and he could stay here if needed. I owe him that at the very least. He says he has some friends in another stae that have offered a job to him and he was going there however he would keep me in mind if he had to seek me out he would.
The fact that the FDIC even admitted its status I find revealing..and each of you should be thinking very hard about what was released. We all can not see how they would let it go but just think of where you will be if they do.
