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Thursday, July 9th, 2009
Dear Energy and Capital Reader,
Officially... it's known as "The President's Working Group on Financial Markets."
Unofficially... it's known as the "Plunge Protection Team (or PPT)."
Officially... its members include Treasury Secretary Tim Geithner, Fed Chairman Ben Bernanke, SEC Chairman Mary Schapiro and CFTC Chairman Gary Gensler.
Unofficially... the Plunge Protection Team is a complex - and potentially dangerous - mixture of the private sector and the U.S. Government.
Although the Government continues to deny it, evidence suggests that the PPT has used major financial institutions to help "prop up" the U.S. financial markets and help implement government policy.
I can't even begin to tell you just how dangerous the idea of an active Plunge Protection Team - one that incorporates the private sector - really is.
My colleague, Steve Christ, has studied this situation carefully over the past several months.
Within the past few days, he has put the finishing touches on an explosive new report that shows how the Plunge Protection Team is the last obstacle between a powerful, 60-mile-per-hour windstorm and the house of cards that is the U.S. financial market.
As Steve so effectively points out in his report, the U.S. financial markets are about to come crashing down as a result of a potential $1 trillion collapse in the commercial real estate market.
Good investing,
Brian Hicks
Publisher, Energy and Capital
The Obama Team is busy trying to keep everyone chasing windmills while they stick it to us every day. They have been breaking the laws since they started running for president. The media and liberals have been looking away so that this can happen. God is in control of the heavens but the devil controls the earth, atleast until Jesus comes back. I am convinced that we are in the harvest now and what is happening is the begining of that time. Please pray everyday and every hour that Jesus comes back and you and your love ones have accepted him as your savior.When the rapture starts we all want to be there. Amen! Halleluhia, Amen!
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