Why Creditwrench is better

This hoax was circulated by a group trying to sell gold on the internet. Richard Cornforth a good friend of mine debunks it. I do the same thing with junk theories about how to proceed with collection agencies and court filing. Getting rid of garbage beliefs and teachings of the sellers of hoaxes and false information is a tough job because their yarns are so easy to believe.

Separating the truth from the fiction can be a tough job and the only way to know the truth from the bogus is through study and practical experience. That is why you need to become a Creditwrench student. We teach you the real truths and the practical steps you must take if you want to win against debt collectors.

Here is the hoax and the truth exposes the hoax.

ACCORDING TO OUR SOURCES IN THE US TREASURY THE WHITE HOUSE HAS SECRETLY ORDERED THE FEDERAL RESERVE TO PRINT TWO TRILLION DOLLARS IMMEDIATELY, AND PUT INTO CIRCULATION!

The federal reserve has never printed one single federal reserve note. not even one.


OUR SOURCES IN THE TREASURY ARE FLABBERGASTED!

Your sources must be government disinformation agents who prey on the gullible.


IT MEANS THE COLLAPSE OF THE US DOLLAR'S VALUE

No it doesn't because it never happened.

THIS INFORMATION HAS BEEN CORROBORATED BY THREE SEPARATE U.S. TREASURY SOURCES.

Their names?

Six months ago, the Federal Reserve quietly announced that as of March 20, 2006, they would no longer publish "M3" Data.

True


The "M3" was the amount of cash the government printed to put into circulation,

Bullshit - M3 is non liquid, non currency money such as commercial paper and stock certificates.


As of eight days ago, M3 data is no longer being reported, so there is no way for the public, investors or bond holders to know
how much currency exists

Bullshit! currency is M1 not M3 you idiot!


- and no way to gauge how much a "dollar" is truly worth.

A dollar will always be worth what it will buy, period.


Three separate sources in the U.S. Treasury have told us that this week, the Federal Reserve ordered TWO TRILLION dollars to be printed secretly!

The federal reserve doesn't print money and has never loan money to the United States. These are myths made up by government disinformation agents and others wanting to sell books to the gullible.


The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order.

Why? you just claimed that the fed was printing the money! Make up your mind! Which lie do you want to perpetuate? The U.S. Treasury doesn't print money either you idiot!

Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse.

Name your source.

This probably explains why the US Treasury Secretary resigned several months ago and was replaced by a Bush flunkey, and why Greenspan resigned from the Fed several weeks ago

Greenspan didn't resign - Greenspan's term of office expired - federal reserve chairmen are term limited.

The White House apparently hoped that by the time anyone found out about the flooding of the market with dollars, they could stage an event

What an idiot! How do you allege that the dollars are flooded into the market - do they leave bundles on street corners?

Watch for Gold, Silver, Platinum and other precious metals to skyrocket in price within days as the world wakes up and begins dumping the U.S. Dollar in favor of precious metals and the Euro.

I won't hold my breath for this to happen. In fact, within a few days, which means less than a week, you should apologize for disseminating this fraud.


Last month a leading financial consultant told a Canadian television interviewer that he expected gold to jump to $2,000 an ounce in the coming months -- but did not explain why, except to blame the Bush Administrations squandering of dollar reserves.

The United States does have gold reserves but the FRN is a pure fiat not related to gold. All the gold can be taken out of the Treasury, an that act alone would have no effect on the value of the FRN.

As of this morning, Silver was already at a ten year high and Gold was alrready within a few dollars of a 25 year high.

Silver still has not reached the value that it was thirty years ago! Some inflation hedge silver turned out to be. Even with the increasing value of gold, gold has less than doubled in 33 years - some inflation hedge gold has turned out to be!

The U.S. Dollar is falling against all major world currencies. We have been predicting this over the past two or three years, as the inevitable consequence of the Bush administration's bizarre policies, although we were not certain exactly when it would occur.

More bullshit! Make up your mind! Have you been predicting this for two or is it three years? Actually, I published this information in August of 2002, nearly four years ago but the reasons are far too complex for the con artists who operate gold warriors to understand, to wit: you will not receive an intelligent response to this response.