Will Grigg?s Liberty Minute

November 14, 2008

Is it possible that the federal government will go bankrupt? Warnings to that effect are being offered by top financial analysts.

Martin Hennecke, senior manage for the Tyche investment fund, advises us that the government?s AAA credit rating will likely be a casualty of the inconceivable volume of new debt being assumed by Washington to bail out failing financial institutions.

Swiss investment adviser Marc Faber, who has a 35-year track record of accurately anticipating financial trends, is 100% certain that the US Government will go bankrupt.

Right now, there is a flight to the dollar and the supposed security of Treasury Bonds as over-leveraged investments unwind world-wide. But the value of the dollar is being incessantly undermined as the Fed and Treasury Department run up immense debts to bail out financial institutions.

If Washington succeeds in bankrupting our country, it will be the common citizens, not our financial elite, who pay the price.

Let us take back the liberty wherewith Christ has made us free.