posted on Apr, 10 2012 @ 01:05 PM
reply to post by ugie1028
the speech excerpt you posted is saying AUSTERITY MEASURES
in bold letters.
forced rationing for the masses... as the upper eschelon elites are quite well funded for the economic collapse of less than 5 years in duration...
there are more than $700 Trillion in derivatives out there and GoldmanSachs among others are continually receiving partial disbursements as some of
the derivatives get triggered for payments...
all them teachers and municipal employees that had super-duper retirement packages will soon find a stone wall blocking the entry door to benefits...
they may get 40% of what they thought they would receive at retirement with even more future cuts possible.
the Øbama-Care health plan law...was supposed to be a tremendous revenue source for the federal govt...
i am reading between the lines of that Bernanke quote...he is obliquely threatning the Supreme Court to not overturn 'Øbama-Care' i.e.: Affordable
or the economy & Treasury will collapse, the dollar will get near hyper-inflation, Treasuries will soar to 8% from the current 2% interest rate
overnight. there will be anarchy & riots in the streets
Bernanke is painting a gloom & doom picture
edit on 10-4-2012 by St Udio because: (no reason given)