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)
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