FOGGY FINANCIAL WORLD… NEPTUNE AND JUPITER…

For those who say numbers don’t lie…

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Total national debt, as of the moment I write this article = “$12,762,747,199,516.75”… yes, that’s trillions... and the government fellows keep telling us everything is just peachy,

http://www.businessweek.com/news/2010-04-05/summers-greenspan-say-economy-job-creation-gaining-strength.html

“Summers, Greenspan Say Economy, Job Creation Gaining Strength”

…other financial gurus …who don’t work for the government …are seeing things a bit differently. A group of advisors, The Weiss Research group has published some numbers… that certainly caused me to question what’s really going on with government money printing machines… and or the data entry of more zeros. Read their article and judge for yourself. They have given permission to quote the letter as long as their credit paragraph and source is published. I thank them, and will certainly do so,

“Dear Customer,

Good morning! I'm having a great Sunday and I hope you are too!

But as soon as you get a chance, print this report and give a copy to everybody you care about. It contains 11 staggering facts that every American needs to know — and that every investor won't be able to succeed without ...

FACT #1: The official national debt now stands at $12.68 trillion — an amount equal to about 88.5% of all the goods and services our economy produces in an entire year.

FACT #2: Contingent obligations for Social Security, Medicare, Medicaid, veterans, and pensions now stand at an additional $108 trillion over and above the "official" national debt.

FACT #3: State, county and local governments are nearly $3 trillion in debt. Many can't pay and will ultimately demand that Washington assume responsibility for that debt as well.

FACT #4: Total federal, state and local government indebtedness now stands at a mind-blowing $123.6 trillion.

FACT #5: Last year, Washington added $1.4 trillion to the debt. In this fiscal year, the Obama administration will add another $1.6 trillion!

FACT #6: In addition to funding the current trillion-dollar-plus deficits, the U.S. Treasury must borrow MORE each year to replace bills, notes and bonds that are maturing.

FACT #7: This record-shattering borrowing by the Treasury has resulted in a Mt. Everest of Treasury obligations being dumped onto the market, which naturally depresses bond prices and drives interest rates higher.

FACT #8: In a desperate attempt to keep interest rates low, the Bernanke Federal Reserve has created $1.25 trillion out of thin air to buy mortgage-backed securities ... another $300 billion to buy U.S. Treasuries ... and yet another $170.6 billion to buy other government bonds — a total of nearly $1.7 trillion in all.

FACT #9: From September 10, 2008 to March 10 of this year, Bernanke increased the nation's monetary base from $850 billion to $2.1 trillion — a 250% increase in just 18 months.

FACT #10: Despite this massive money-printing, the yield on the benchmark 10-year Treasury note has STILL risen by more than one-fifth — from 3.2% to 3.86% — since December.

FACT #11: Because of this massive money-printing, the U.S. dollar has lost nearly 10% of its value in the past 12 months alone.


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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amy Carlino, Selene Ceballo, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.gliq.com/cgi-bin/click?weiss_uwd+35703-10+uwd35703.”

…and yet others continue cheering the bubble on …seemingly totally oblivious to these numbers,

http://www.marketwatch.com/story/dow-11k-has-no-particular-technical-meaning-2010-04-05?tool=1&dist=bigcharts&symb=INDU&sid=1643

From MarketWatch article, ..."The most bullish thing a market can do, according to the age-old saying, is to go up. So the stock market's strenth doday is bullish"

The orb between transiting Saturn and Uranus gets tighter... and will be exact on the 26th

...and that aspect has a history of turning markets and with squaring Pluto, an aspect that has toppled governments and nations...

...we shall see...