Game Over: Total Collapse is Imminent – Dave Hodges

When I listened to Dave Hodges on the Hagmann & Hagmann Report, I realized that we had something in common. We both were abruptly awakened to the certainty of imminent, apocalyptic disaster – as well as the deep responsibility to warn as many people as possible, even if it made us look like ‘loony tunes’.

Dave has written an excellent article that lays out exactly why and how we have arrived at the financial disaster that lies at our doorstep. It’s almost as if we had done everything possible to faithfully recreate the Great Depression, but this time make it a hundred times worse. Here’s a bit of what Dave said in his article:

Laws, originating out of New Deal legislation, written in response to the Great Depression, provided some measure of protection for the American financial system from the unsavory forces which led to its initial demise in 1929. In 2008, corporate greed, governmental corruption and a populace who was asleep at the wheel, has succeeded in achieving what historians will someday label the “Greatest Depression of 2013-2014.” History will also show that the destruction of the late, great American economy was entirely self-inflicted.

————————————–

By the way, for those of you who would like to receive my articles in your inbox, please subscribe to The Shock Letter, by clicking the following link:

http://theshockletter.com/

————————————–

Dave goes on to describe why the US economy is irreversibly damaged and why America itself can never recover. As I look at what he’s written, I cannot find any holes in his argument. It really is ‘Game Over’ for America.

The next big question is whether you are going to let this be ‘Game Over’ for you. Are you ready for this?

Read Dave’s article, here:

http://thecommonsenseshow.com/2013/09/28/game-over-total-collapse-is-imminent/

And, I highly, highly recommend that you listen to what Dave had to say on the Hagmann & Hagmann Report:

http://www.blogtalkradio.com/cfp-radio/2013/10/08/the-hagmann-hagmann-report

Are you ready for this?

————————————————–

Here’s an excerpt from Dave Hodges’ article:

Game Over: Total Collapse is Imminent

Dave Hodges

September 28, 2013

America, while you slept, your country was stolen from you. Your country was absconded by all the political misfits and corporate criminals that the disenfranchised former Republicans and Democrats have been trying to warn you about during the last several years.

How Did We Get Here?

Laws, originating out of New Deal legislation, written in response to the Great Depression, provided some measure of protection for the American financial system from the unsavory forces which led to its initial demise in 1929. In 2008, corporate greed, governmental corruption and a populace who was asleep at the wheel, has succeeded in achieving what historians will someday label the “Greatest Depression of 2013-2014.” History will also show that the destruction of the late, great American economy was entirely self-inflicted.

Why the US Economy Is Irreversibly Damaged

If Americans knew their history, then we would be cognizant of the fact that one of the prime causes of the Great Depression was due to stock investors buying shares on margin (i.e., loans). Glass Steagall Act protected Americans from this shady practice by separating commercial banking from this investment practice of stockbrokers. However, with one stroke of his New World Order pen, Bill Clinton’s repeal of the Glass-Steagall Act opened the flood gates for the domestic AND foreign infusion of bad credit into both our stock market and banking system. Consequently, both industries stand in the midst of a total and complete economic collapse in what is quickly becoming known as the most massive wealth transfer in world history.

On September 30, 1999 , Fannie Mae and Freddie Mac sought governmental permission to “relax” (i.e., break) the prudent governmental regulations on sound lending practices and begin to make loans to individuals who were not credit worthy. This spelled the death of the mortgage industry as we once knew it and the housing market was collapsed.

Read the rest of his article, here:

http://thecommonsenseshow.com/2013/09/28/game-over-total-collapse-is-imminent/

————————————–

Click the following link and SHOCK your inbox with The Shock Letter:

http://theshockletter.com/

Leave a Comment (moderated)

Invisible CAPTCHA *Captcha loading...

Please give at least 72 hours for your comment to appear. - JL