One would have to be a dunce to believe that our omnipotent Government would permit a wholesale default on the residential mortgage market. Now, with illegal aliens being pulled under the Fannie and Freddie Mac umbrella of mortgage guarantees, the sub-par quality of loans takes another leap into un-creditworthiness.

When will Americans ever get it thru their thick skulls that it is the banks' safety that is underwritten by the Government. You, the taxpayer, property owner, and wealth accumulator are the guarantee that the full faith and credit come into play. YOU are the FULL FAITH and CREDIT!

It is your 401K, your IRA, your annuity, your stock holdings, your home equity, your cash value life insurance, your savings account, your real estate, and your personal property that are what stands behind the US dollar. Your wealth is THE full faith and credit supporting the dollar. When the dollar declines as foreigners exchange them for something else - like gold - they are in effect calling in their debt that those dollars represent. They want to be paid in something of worth. And they're gonna get it out of you in one form or another. There may be a liquidity crisis in mortgages, and selling your house may be difficult, but no one will be forced out of their primary home. Even with a derivatives bomb explosion which we expect at some point, helicopter money will fall and prevent any widespread foreclosures. The banks don't want your house! They want the debt to continue, and this government intervention will be a debt rollover of sorts - the template being borrowed from the IMF bailouts of government deadbeats.

Where this whole debt pyramid enters the picture is through the mega banks like JP Morgan, Chase, Citigroup, and numerous other financial institutions. They get into the picture through their membership in the Federal Reserve banking cartel which buys and sells all the US debt instruments such as bonds and Treasury bills. Untold trillions have been made and spent on political layering by the Fed.

As push comes to shove as foreigners cash-in US dollar debt driving up bond rates, the Fed will push alright - they'll push YOU. And, through their agents in congress your savings will have to undergo "means testing".  In effect, just as seniors have to "spend-down" to a minimal subsistence amount to qualify for nursing home acceptance, so will you have to continue your debt payments until nearly bankrupt while scofflaws skate on to new rewards. Visible wealth is a red flag for confiscation. You will be lucky to be left with anything to leave your children. We fully expect the socialist bureaucrats will integrate 401K's and IRA's with Social Security as well - the more you've saved on your own, the less your SS payment will be.

The sooner your mind can cross over that mental obstacle of trusting your government, and realizing they are after your wealth the more secure you and your family will be.

The real business of government is to perpetuate themselves, not protect you. It's simply a war between honest money (gold bugs) and dishonest money (debt bugs). It's a war in which you cannot maintain a neutrality.

Isn't it a fair question to ask yourself that with "Boosh fumbling and making so many mistakes against the best interests of America, and not one in our favor, that his policies may be deliberate?" When the evidence is examined the only sensible conclusion is that he is intentionally surrendering America's sovereignty. Should your wealth be any more secure than our borders?