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Business/Finance See other Business/Finance Articles Title: New Obama Law (Bill "H.R. #2847") Could Usher in Collapse of U.S. Dollar New Obama Law (Bill "H.R. #2847") Could Usher in Collapse of U.S. Dollar On July 1st of this year, H.R. Bill #2847 went into effect. This bill has the potential to make millions of Americans poorer - overnight. Even some liberals have called it a "nightmare and disaster." Get the facts to protect yourself here... Dear Fellow American, Hello. My name is Porter Stansberry. Fifteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. Today we have more paid subscribers than many of America's most popular newspapers, including Barron's and Investor's Business Daily. We specialize in financial research, and serve hundreds of thousands of paid subscribers in more than 120 countries. You may know of our firm because of the work we did over the last several years – helping investors avoid the big disasters associated with Wall Street's collapse. We warned people to avoid Fannie Mae and Freddie Mac, Lehman Brothers, General Motors and dozens of other companies that have since collapsed. We even helped our subscribers find opportunities to profit from these moves by shorting stocks and buying put options. To my knowledge, no other research firm in the world can match our record of correctly predicting the catastrophe that occurred in 2008, and the rebound that has occurred since then. The video presentation we created four years ago, to explain the financial crisis, and our thoughts on what would happen next, has become the most-watched on-line financial video in history, as far as we can tell. But that's not why I created this follow-up presentation. I reference our success and experience with Wall Street's latest crisis because we believe there is an even bigger crisis lurking –something that will shake the very foundation of America. And we believe it will accelerate at an extremely rapid pace, beginning in 2014, because of a devastating new law, that just went into effect this summer. Very shortly, I'll explain more about exactly what this new law does and why it could be harmful to every single American. I know that to most people, the situation seems to be getting better in America. Stocks have recovered all their losses. Real estate has rebounded. Unemployment and bankruptcies have dropped. But here's the thing: The unfortunate reality is that we are actually in a much more dangerous and precarious place today than we were six years ago. And that is why I've spent a significant amount of time and money in the past few months preparing this presentation. In short, I want to talk about a specific event that will take place in America's very near future... which could actually bring our country and our way of life to a grinding halt. As I'll explain in a moment, the law that just went into effect could dramatically accelerate this process. This looming crisis is related to the financial crisis of 2008... but it is infinitely more dangerous, as I'll explain in this letter. As this problem comes to a head, I expect there will be a near-complete shut-down of the American economy. Life as we have known it for more than 40 years will essentially cease to exist. Our governments on both the Federal and State level will shut down. Banks will not open. Businesses will at least temporarily shutter their doors. I expect we'll see martial law, enforced by the U.S. military. Believe me, I don't make this prediction lightly and I have no interest in trying to scare you. I'm simply following my research to its logical conclusion. I did the same when I tracked Fannie Mae and Freddie Mac's accounting. Also with General Motors, Lehman Brothers and the rest. And when I began giving this warning in 2006 no one took me very seriously... not at first. Back then, most mainstream commentators just ignored me. And when I presented my case and exposed the facts at economic conferences, they got angry. They couldn't refute my research... but they weren't ready to accept the enormity of its conclusions either. That's why, before I go any further, I have to warn you... What I am going to say is controversial. It will offend many people... Democrats, Republicans, and Tea Partiers, alike. In fact, I've already received dozens of pieces of hate mail. And... the ideas and solutions I'm going to present might seem somewhat radical to you at first... perhaps even "un-American." My guess is that, as you read this letter... you'll say: "There's no way this could really happen... not here." But just remember: No one believed me four years ago when I said the world's largest mortgage bankers - Fannie Mae and Freddie Mac - would soon go bankrupt. And no one believed me when I said GM would soon be bankrupt as well... or that the same would happen to General Growth Properties (the biggest owner of mall property in America). But again, that's exactly what happened. No one believed me in 2011 when I said the crisis would cause "riots in the streets." Then came the protests in Wisconsin, and the Occupy Wall Street movement all over the country. And that brings us to today... Poster Comment: Obummer is the WORST President of ALL TIME. Post Comment Private Reply Ignore Thread
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