Dallas, TX (PRWEB) September 23, 2008 -- In an article released on Monday, September 22, Financial Trader.com forecast financial disaster from bailout proposed by Bush appointee, U.S. Treasury Secretary Henry Paulson, including an uberinflation seen before only during pre-Nazi Germany: U.S. Treasuries Downgraded to B+ with Credit Default Risk Now on Close Watch.
According to LM Lupo, CEO of Financial Trader, "In my opinion, this is a manufactured crisis, and Paulson is playing on people's fears. His plan will impoverish every single American. I have never seen anything like this in over twenty years of trading - this will make the Great Depression look cheap, like a chump-change recession."
As detailed in Financial Trader's article, no neutral party has explained to the American public the consequences of not bailing out the financial institutions, although the drastic consequences of the bailout has already begun to ricochet through the market:
"We are witnessing hyperinflation right now as the market simply anticipates the U.S. uberinflation guaranteed by
'Paulson's Plan of Treason.' On Monday, September 22, the first day of trading after announcement of the plan, gold (GLD) is trading 'limit up,' meaning there are unlimited offers to buy, crude oil (USO) is also 'limit up' - both indicators of hyperinflation hedging. Something is 'limit down' though, which means no one is bidding to buy: United States Treasury Bonds (TYX) at their current interest rate," according to U.S. Treasuries Downgraded to B+ with Credit Default Risk Now on Close Watch.
http://www.prweb.com/releases/paulson/booty/prweb1366934.htm