FinancialTrader.com Downgrades US Treasuries B+ Credit Default Risk Watch: Treasury Secretary Paulson Snatches Booty from Congress, Gives to Filthy Rich

Share Article

FinancialTrader.com reports Paulson-led U.S. Treasury bailout plan for banks and financial institutions lowers U.S. credit rating and hyperinflates U.S. economy to Weimer Republic levels with severe reduction in U.S. citizens' wealth, particularly hitting hard the retired, fixed income, modest and middle-income families as inflation eats most of their pay checks. Market shows no confidence with commodities, Treasury Bonds, and U.S. dollar prices spinning out of control since Paulson Plan floated to investors.

My opinion, which is informed by my market analyses and decades of successful trading, is that Paulson, the former CEO of Goldman-Sachs (GS), and the man who began this debacle with the financial instruments he created, is trying to help out his very, very rich banking buddies (MS) (MER) (BAC) (AIG) and save himself

In an article released on Monday, September 22, FinancialTrader.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.

"These Treasury Bonds are our U.S. dollar (DXZ). This had nothing to do with the mortgage crisis. The bailout beneficiaries, some of the most highly paid professionals in our country, are supposed to manage and avoid just this risk," said Lupo. "They made bad bets and the U.S.A. is going to give them their money back. That's like someone getting a refund on a losing lottery ticket - or reimbursed for a football pool or after a bad night of poker."

"My opinion, which is informed by my market analyses and decades of successful trading, is that Paulson, the former CEO of Goldman-Sachs (GS), and the man who began this debacle with the financial instruments he created, is trying to help out his very, very rich banking buddies (MS) (MER) (BAC) (AIG) and save himself," Lupo said. "Considering what will happen to our national economy if he is granted the autocratic authority and blank check he craves, such a serious act of disloyalty is the very definition of treason. My question: bailout or bail bond?"

Financial Trader is currently architecting a financial product to protect the U.S. public.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

LM Lupo
Visit website