the Democrat party, and their tax the rich mentality will be the doom of the US economy, with their redistribute wealth, health care is a right, we will subsidize a cash for clunkers program even if the beneficiaries are non US auto makers, punish everyone who makes more than $100,000 with a tax increase---even though it is this group that already pays most US Federal taxes=insanity.
Washington, DC (PRWEB) September 1, 2009
According to the Wall Street Fraud Watchdog,"if one listens to the talking heads on CNBC, you'd think the US recession was over, and the stock market is going higher. There is just one slight problem, its baloney. The actual US unemployment rate is 17%, retail only exists if the product is marked down 50+%, and according to Deutsche Bank 48% of all US homeowners will owe more on their home than it is worth by 2011." The group says, "translation, things are about to get much worse, and smart investors need to get their money on the sidelines, before this balloon pops & we go right back to a 6 or 7 something S & P. This mentions nothing of what Iran, and its nuclear capabilities will do oil prices, regardless if they actually get a bomb, or Israel takes away their ability to get one---oil prices are going much higher." The Wall Street Fraud Watchdog is predicting September is going to get ugly for global stock markets, & October will get worse, when third quarter numbers are revealed." The Wall Street Fraud contact phone number is 866-714-6466, or individuals can contact them via their web site at Http://WallStreetFraudWatchdog.Com
So how worried should US or Global stock market investors be? According to the Wall Street Fraud Watchdog, "global & US stock market investors should be super worried, about everything, from the US retail markets having a horrible 2009/2010, to what the implosion of the US commercial real estate markets will mean for big US commercial banks stuck with billions of dollars of construction financing that will never be repaid by the developer, to a cash for clunkers US industrial sector that is stuck in neutral." Even worse, the group indicates that, "Wall Street only looks out about six seconds, they clearly have failed to grasp how unstable the Middle East is about to become, with the prospects nuclear Iran, an Israel stuck with just one option, because the current US President Obama appears to have an misguided agenda about being liked by everyone, at the expense of old friends like Israel, and the Saudi Royal Family." The group says, "there is one more terrifying dimension to all of this which is hyperinflation caused by a US House Speaker Nancy Pelosi & her Party's delusion that you can keep on borrowing money that is on the verge of being worthless, in order to achieve the allusion of a short term worthless fix of GDP, unemployment, or the US real estate markets."
So what does all of this mean? According to the Wall Street Fraud Watchdog, "it means the people running the Singapore Stock Market see, what the rest of the world fails to see. It means the US is in way over their heads with enormous credit risks, and an even worse economic catastrophe called hyperinflation, just around the corner." The group also says, "the Democrat party, and their tax the rich mentality will be the doom of the US economy, with their redistribute wealth, health care is a right, we will subsidize a cash for clunkers program even if the beneficiaries are non US auto makers, punish everyone who makes more than $100,000 with a tax increase---even though it is this group that already pays most US Federal taxes=insanity."
So what should high net worth investors do? The Wall Street Fraud Watchdog is saying, "don't trust Wall Street, if you can't eat it, use it as fuel, or trade it for its current value because its gold, silver, or platinum then forget about it. US real estate could be a bargain at some point, but we are not there yet. There will be at least one more year of US residential real estate blood letting, and the US commercial real estate sectors recovery could be four years out, or more." So how does this group know so much? In June 2005 a group associated with the Wall Street Fraud Watchdog said in Money Magazine, "if appraisal fraud on the part of US Banks & homebuilders does not stop there is going to be an economic train wreck. That was about a year before almost any other person, or group was warning about the collapse of the US real estate market. A blind person could have seen it if they were paying attention----Wall Street does not pay attention----it is a commission driven used car lot." If you are a US, or global high net worth individual, or organization that values a long term perspective, on the future, reality, and desires a defensive, proactive plan, please feel free to call the Wall Street Fraud Watchdog, for a tailor suited report detailing specific suggestions, please feel free to call upon the group anytime at 866-714-6466, or contact the group via their web site at Http://WallStreetFraudWatchdog.Com
The Wall Street Fraud Watchdog is all about investor protection and integrity in our US and global financial markets. This is not a solicitation to buy, or sell stocks, or any other investment. Nor is the group associated with anyone who does.