America's Financial System Is Rotten!

Below please find a special message from one of our advertisers. Please note that the following message reflects the opinions and representations of our advertiser alone, and not necessarily the opinion or editorial positions of Response Action Network. Think Your Savings Are Safe? DON'T BANK ON IT! Shocking Report Exposes 19 Hidden Bank Risks! PAT BOONE Entertainer, Author Should you "bank on" - put all your life savings and trust in - today's banks? Not so long ago, bank accounts felt secure and paid several percent interest. This encouraged the virtue of thrift, and generated savings that built a solidly-prosperous America of opportunity. Today we live in a very different world. Your bank account now pays you almost nothing.  Once upon a time - in Norman Rockwell's "hand-shake-confidence" America - it made good sense to put your money in a rewarding, near-zero risk bank account. But today it no longer makes sense to keep all of your savings in near-zero reward, high-risk bank accounts. Just last week Bloomberg reported Bank of America lost track of $2.7 billion! We all hope our money on deposit is safe, but did you know your local ATM could easily be turned into a one-armed bandit to steal your cash and identity? That's right, due to the expiration of Microsoft software in April hackers can gain easier access. We urgently need to adjust our thinking to this new reality. DON'T BANK ON IT! by Craig R. Smith and Lowell Ponte explains exactly how and why banking and money have changed, and the forces now reshaping and threatening them. In this new 32-page White Paper (distilled from their forthcoming book by the same title) you'll learn about at least 19 factors that put today's bank accounts at risk. Among these are: 1. Computer Hackers, some of whom have foreign government backing. 2. Identity thieves' access to accounts often surprisingly easy & unblockable. 3. The dawning age of cyber warfare in which banks will be prime targets. 4. The dawning age of cyber terrorism in which banks will be prime targets. 5. Politicians eager to take the wealth of both banks and depositors. 6. Legal changes that make government confiscation of bank accounts easy. 7. Banks that increasingly resist returning money to account holders. 8. The risk of banks suffering “flash crashes” and other such disruptions. 9. The risk of bank runs by depositors because of fractional-reserve banking. 10. “Financial Repression” practiced by the Federal Reserve. 11. Growing government regulation that makes banks afraid to lend, except to the government. 12. Artificially low interest rates benefiting government, but harming savers. 13. Growing government regulation used to redistribute bank assets. 14. Presidential bank regulation now beyond judicial or legislative restraint. 15. Banks rotting in a stagnant swamp of Federal Reserve excess liquidity. 16. Banks being turned into de facto utilities and ATMs for the government. 17. Politicalization of banks through government pressure. 18. The Federal Deposit Insurance Corporation ability to only replace $1 for every $14 it now claims to insure with its "fractional-reserve" insurance. 19. International Monetary Fund considering a global tax on savers. This important new report suggests safer, more rewarding alternatives to keeping money in a bank account. Register Here for a FREE copy of DON'T BANK ON IT! Click Here to discover how simple it is to protect your assets from the next banking surprise. As a bonus Swiss America will include a FREE DVD, The Timeless Truth About Money! Click Here for your FREE REPORT & DVD! (with FREE shipping and handling!)

My comments: The IMMORAL US Government has been printing worthless dollars for many years now which is in effect stealing from everyone who holds money in dollars. Since the US dollar is the world's currency that includes virtually everyone on the planet. In addition the US has compiled and enormous debt that will probably never be repaid, stealing from the next generation. This gross IMMORALITY will have dire consequences. America will REAP what it has SOWN. BEWARE! I am not endorsing this book; I have not read it, but I am saying BEWARE of what lies ahead for America's rotten financial system.