-- Posted Friday, 25 September 2009 | | Source: GoldSeek.com

Jake Towne for US Congress PA-15 - The Financial Crisis (WEB) (Sept 2009)

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.

JakeTowne

http://towneforcongress.com/

-- Posted Friday, 25 September 2009 | Digg This Article | Source: GoldSeek.com

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