Sept. 29, 2008 – by Michael C. Ruppert

For years I have told you exactly what was going to happen and it has. Today’s economic meltdown, with the Dow dropping 777 points and $1.2 trillion in equity lost is no exception. In our second FTW Economic Alert back in 2002 I predicted a market crash that saw $1 trillion in shareholder equity lost in the following three months. — $1.2 trillion was destroyed just today. That and much more.

In FTW’s fourth and last Economic Alert — just 11 days before our offices were burglarized on June 25, 2006– I specifically warned that this day (metaphorically speaking) would come. What prompted that alert was an unprecedented move by President George W. Bush to give the National Director of Intelligence, John Negroponte, the authority to exempt “certain” Wall Street firms and banking giants from reporting their financial records to the Securities and Exchange Commission. It was this move which permitted everything that has happened over the last month. That move allowed smaller banks and investors to continue buying pigs (without lipstick) in a poke while average Americans were led to believe that everything was OK. If you don’t believe me, go read the Economic Alert for yourself. It’s all right there — everything.

And if you had followed every piece of advice I gave in that warning– two years ago — today’s events would have made you money. They would have strengthened your family. They would have made you immune to the panic that today touched American public consciousness.