Slides 4-36 of the below presentation have been presented to several groups around the district for educational purposes. Although you are missing my critical narrative and explanations, I invite you to take a look. If you do disagree or find something new, check my sourcing and citations.
While the hour-long presentation is of course only a snapshot, or a look at the critical pieces of puzzle, I emphasize the importance of the gold market, and view the housing crisis as merely a symptom of the causes - excess FED inflation and artificially low interest rates that were held too low for too long. The irony is not lost that currently the FED interest rates is roughly 0.15%, far lower than previously. In the interests of time and for simplicity, I omitted the Treasury market almost entirely - just a brief mention in the slide on the national debt. The Treasury market is definitely also quite critical.
If you live in the district or even nearby, I am available to present to your group. Enjoy, and please consider making a donation to my campaign to spread the campaign's message of liberty.
September 24, 2009
Jake Towne for US Congress PA-15 - The Financial Crisis (WEB) (Sept 2009)


4 Comments
Maria Folsom
Thanks, Jake. I never completely understand Derivatives. Is the "strangled canary" a reference to the proverbial canary in the coal mine?
Anonymous
America needs more people like you to clear out the criminals now running this country,only the truth will set us free