VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (34380)	3/21/2001 11:40:16 PM
From: Annette	Read Replies (2) of 65232

williamcooper.com Market Crash Worse than 1929 by William Cooper Veritas News Service -- Exclusive, March 21, 2001 -- This stock market crash is worse than that which occurred in 1929. Already the amount of money lost since October, 2000 makes the 29 crash look like a Girl Scout picnic. And it has just started. This is the first time in my lifetime that I have ever seen the markets fall after a lowering of the prime interest rate by the Fed. It indicates to me that whatever confidence Americans may have had in the Federal Reserve and its worthless paper has evaporated. Do you think Americans have finally caught on to the fact that paper backed by nothing is worthless? If they have it may be too late. This crash is so bad that Mom and Pop may not ever be able to retire. Their money has vanished. The irresponsibility and greed that motivated people to buy stock overpriced beyond comprehension is the best indicator of how far down the moral and ethical scale we as a nation have fallen. We have lost our direction, our sense of purpose, and our goodness. But worst of all we have lost our spiritual identity. When we threw God out the window we pulled the plug on America. If this crash continues it will kick in draconian measures. You should watch and listen for any indication that the administration considers the crash to be an economic emergency. If that happens what I have been warning you about for many years may actually and finally occur. ===== Wow. I think Nasdaq wants to go back where it's comfortable, in the 500s or so.... Annette

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