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 XM's Truckin' Bozo®
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| Please read the following and then consider what I am passing on to you.
The American economy is is dire straits and there is no blue sky on the horizon. Over the next few weeks many banks are going to fail and many people are going to lose their life savings if they have over 100 thousand dollars in a bank account. First thing to do is take every penny you have over 100K in an account and put it in another account in another bank.
DO NOT PUT OVER 100 THOUSAND DOLLARS IN ANY ACCOUNT. If your bank folks, every thing you have over 100 K will be lost and the FDIC will only guarantee 100 thousand dollars in each account. The Dow is going down more and more with each passing day, thus stocks are losing their value. Drive around your city or town and notice how many stores have closed their doors and gone out of business. Look at all the "For Sale" signs in front of homes. The owners are trying to sell the homes as soon as possible before the bank forecloses on them. As I write this message over 1.5 million homes in America have been foreclosed on and the banks are auctioning them off and even if you have money for a sizeable down payment you are going to have a hell of a time getting a bank or mortgage company to finance a home purchase for you unless you have a lot of money in reserve. Slowly but surely, our economy is failing and when it does, there will be food riots, people will break into other peoples homes in order to steal anything of value. What I am telling you is not something that I think but something that I have been told by people in high places in the nations capitol. Indy Mack was taken over by the Federal Government just the other day and it's the second largest take over and bank failure in US history. Word went out in June that Indy Mac(California) was in trouble and people started pulling out their savings and checking accounts to a total of 1.3 billion dollars and the bank was left with no cash to do business with. The government is now trying to find someone who has enough money to buy up the assets of the bank.
Reliable government sources have told me anonymously that people should start buying up non perishable food supplies such as soups, Meals ready to eat, and other foods that don't require refrigeration. There is going to be a food shortage because of the floods in the midwest and because people are going to make runs on the grocery stores to stock up. If you can afford it, get at least 3 to 4 months supply of food and stash it away where no one can find it, even if you have to put it in a self storage place near your home. Jobs are leaving the USA by the thousands every week and those jobs are going to Mexico, India and China. The culprit in this fiasco is country wide loans and a handful of people at Countrywide who issued loans to people who could not pay back the loans and Countrywide knew it and the foreclosure crisis has trickled through the economy and many banks will close their doors in the next few weeks. The dollar is worth less with each and every passing day. Your dollars were worth about 70 cents a year ago and now they are worth about 30 cents per dollar. This means that what cost 4 dollars last year now cost 7 to 8 dollars this year.
I strongly recommend that we all pray that God will put his hands on our lawmakers who have not done a single thing to avert this disaster and that God will bless this country, but we all need to pray for God to intervene. In 1932 when we had the great depression many people all over America had chickens that roamed around the yards, even in the big cities. We now have laws prohibiting this and thus lotsof people will go hungry. I am just a mesenger and some of you will ignore my warnings and you will be sorry when you do. Start stocking up on gasoline for your family car and if you have a gun that you can use for hunting have it handy because a deer might be all that will keep you from eating or starving to death.
Keep listening to my daily show for updates on the collapse of the
American financial system. The handwriting is on the wall and I think most of you know it but you don't know what to do. I am passing onto you the best informaton that I can.
God Bless you and yours and most of all PRAY that God will bless America.
Dale Sommers |
© 2005 Dale Sommers and the Truckin' Bozo ® All Rights Reserved. Website developed and managed with Banshee Content Manager. Hosted by ZamaData, Inc. dba TruckNet.
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