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EHS Daily Journal #164 - January 27, 2010

State of the Union Address

 
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Everyone has an idea about what they'd like to hear Obama talk about this evening as he delivers his State of the Union address on center stage. What I'd like him to explain is why the article below, "Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo" (by Mike Adams on November 28, 2008) is fundamentally wrong:

http://www.naturalnews.com/News_000556_gold_
civil_unrest_financial_bailout.html


"An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.

'The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock,' wrote Tom Fitzpatrick, Citibank's chief technical strategist.

He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into 'depression, civil disorder and possibly wars.' Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains.

The timing on all this? Sometime in either 2009 or 2010, said the analyst.

This coincides with predictions I've made here on NaturalNews.com, where I've publicly predicted price inflation of 20% - 40% in 2009, and the financial collapse of the United States government (sometime before 2025) due to an irreversible debt burden.

I've also predicted that when the people wake up and realize their dollars have been looted by the Treasury and turned into worthless pieces of paper, there will be riots in the streets.

These events have already been set into motion. It is now only a matter of time until they bubble to the surface. On the day the mainstream taxpayers actually figure all this out, don't be caught out in public. Stay home."

I hope Mr. Obama will dispense with the "we've got some problems, but everything will be fine" rhetoric and explain a realistic battle-plan showing how the U.S. can get out of the hole it's in before it's just too late.

We'll see what he's got to say.

- Ed Smith, Publisher
The EHS Letter Manual