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Risks of the Proposed Bailout: Part 3

Blind Man’s Bluff

Most of us have played Blind Man’s Bluff as children. It’s such a popular game among kids that several versions now exist. In case you don’t remember, here’s the original version. A person is blindfolded and referred to as “it.” Everyone runs around trying to avoid being touched (tagged) by this person (it). If they are tagged they lose the game and become spectators.

The game continues until “it” has tagged everyone. In another version, “it” attempts to identify the person tagged by feeling their face. If the person is correctly identified by “it” that person is eliminated from the game.

The bailout plan has a striking resemblance to Blind Man’s Bluff, except the game will take a very long time to end while registering an uncertain cost because the Treasury will be running around blind, not knowing what kind of debt they are buying, how to manage it, or how much this junk is worth. Paulson (and company) has no way to identify the true nature of the banks’ debt. Therefore, they won’t be able to fully assess or manage risk. The banks aren’t even able to do this, yet the Treasury will succeed?

Most likely the next Treasury Secretary will be running around for many years blindly throwing taxpayer money at the financial system. And as they dig themselves deeper and deeper into this black hole, they will use more scare tactics to secure even more money from taxpayers.

The only winners will be the banks, those who buy bank debt from the Treasury and big investors who invest in banks that have been revitalized by taxpayer money, like Bill Gross and Warren Buffett.

NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse

The publishing industry (run by the Jewish Mafia) REFUSED to publish this landmark book because it exposed the widespread fraud committed by the Jewish Mafia.

Click here to read chapter 10 from America's Financial Apocalypse. This was the only book that accurately predicted the 2008 financial crisis.

Instead, they published useless marketing books written by their broken clock tribemens (like Peter Schiff's completely worthless book, Crash Proof, which was wrong about most things and was written a year AFTER Stathis' book).

Stathis also released a book focusing on strategies to profit from the real estate collapse in early 2007 called, Cashing in on the Real Estate Bubble. 

Click here to read chapter 12 from Cashing in on the Real Estate Bubble which recommended to short the sub-primes, Fannie Mae and Freddie Mac, homebuilders, banks and even GE and GM. 

The Jewish media crime bosses prefer to ignore those who speak the truth and threaten to expose them as the best way to hide the scams from the public.

In contrast, these same crime bosses continuously promote Jewish con men and clowns who have terrible track records as a way to enrich them all while steering the audience to their sponsors, most of which are Jewish Wall Street and related firms. Figure it out folks. It's not rocket science.

 

View Mike Stathis' Track Record here, herehere, here, here, here and here.

 

 

Membership Resources

 

Mike Stathis holds the best investment forecasting track record in the world since 2006.

View Mike Stathis' Track Record here, herehere, here, here, here and here.

 

Check here to download Chapter 12 of Cashing in on the Real Estate Bubble.

 

So why does the media continue to BAN Stathis? 

 

Why does the media constantly air con men who have lousy track records?

These are critical questions to be answered.

You need to confront the media with these questions. 

Watch the following videos and you will learn the answer to these questions:

You Will Lose Your Ass If You Listen To The Media

 

  

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