It’s Officially the Beginning of the End

Sunday, November 7, 2010
By Paul Martin

by Phoenix Capital Research
ZeroHedge.com
11/06/2010

More than two years ago, the day after we nationalized Fannie and Freddie, I penned an article in which I forecast the end of the US as an empire and the end of the US Dollar standard. Despite the fact that others had been calling for a collapse of the US for years, my piece still received a great deal of hostility and condemnation. The comments ranged from, “you’re out of your mind, the US will always be #1” to “I don’t like the bailouts either, but you’re taking it too far.”

Here we are, two years later, and to be honest, the stuff that has come to pass is simply mind-blowing. In plain terms, the US is now a country in which…

•EVERYONE knows that the Wall Street banks KNOWINGLY engaged in fraud (Citibank executives confirmed this under oath), predatory lending, and other felonies and NOT ONE executive has been charged with a criminal act.

•There is clear evidence that elements of the Financial Crisis were intentionally induced by key players in order to wipe out their competitors (you know who I’m talking about).

The Rest…HERE

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