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	<title>The Financial Panner &#187; Newsletters</title>
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	<link>http://www.thefinancialpanner.com</link>
	<description>Prospecting for opportunity in a river of information</description>
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		<title>Bond Rush Backfire</title>
		<link>http://www.thefinancialpanner.com/2010/08/bond-rush-backfire/</link>
		<comments>http://www.thefinancialpanner.com/2010/08/bond-rush-backfire/#comments</comments>
		<pubDate>Sun, 29 Aug 2010 11:02:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=904</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">August 29, 2010</div>
<a href="http://finance.yahoo.com/tech-ticker/%22enron-accounting%22-has-bankrupted-america-u.s.-deficit-really-202-trillion-kotlikoff-says-535354.html?tickers=udn,tlt,tbt,uup,TIP,^gspc,GLD&#038;sec=topStories&#038;pos=9&#038;asset=&#038;ccode=">In a recent interview</a>, Boston University economics professor Laurence Kotlikoff gets right to the point:
<blockquote>
"Forget the official debt," he tells Aaron in this clip. <strong>The "real" deficit - including non-budgetary items like unfunded liabilities of Medicare, Medicaid, Social Security and the defense budget - is actually $202 trillion, the professor and author calculates; or 15 times the "official" numbers.</strong>

"Congress has engaged in Enron accounting," says Kotlikoff, who recently penned an op-ed for Bloomberg entitled: <a href="http://www.bloomberg.com/news/2010-08-11/u-s-is-bankrupt-and-we-don-t-even-know-commentary-by-laurence-kotlikoff.html">The U.S. Is Bankrupt and We Don't Even Know It.</a>
</blockquote>

The fact that real US debt greatly exceeds what is publicly advertised is nothing new to readers of the <a href="http://www.thefinancialpanner.com" target="_blank">The Financial Panner</a>.  The "real" deficit was outlined last fall in <a href="http://www.thefinancialpanner.com/2009/10/the-empires-silent-default/" target="_blank">"The Empire’s Silent Default"</a> which was a review of Sprott Asset Management’s September 2009 investment newsletter.  

<img src="/wp-content/uploads/2010/08/BlackMondayMarket.jpg">

What is new, however, is the growing focus on the bubble in US Treasury Bonds, which Kotlikoff also touches on: <a href="/2010/8/bond-rush-backfire/">[...]</a>
</div>]]></description>
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		<title>Quantitative Beating</title>
		<link>http://www.thefinancialpanner.com/2010/07/quantitative-beating/</link>
		<comments>http://www.thefinancialpanner.com/2010/07/quantitative-beating/#comments</comments>
		<pubDate>Thu, 15 Jul 2010 02:18:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=884</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">July 14, 2010</div>
A recent book by Jim Marrs, <a href="http://www.amazon.com/Trillion-Dollar-Conspiracy-Man-Made-Diseases-Destroying/dp/0061970689/ref=sr_1_1?ie=UTF8&#038;s=books&#038;qid=1279159394&#038;sr=8-1">entitled "The Trillion-Dollar Conspiracy"</a>, serves as a well documented factual reference to the financial catastrophes (and much more) which led to the September / October 2008 systemic collapse.  

<img src="/wp-content/uploads/2010/07/BernankeQECartoon.png">

Even more important however, "The Trillion-Dollar Conspiracy" quotes the founding fathers on the causes of the American Revolutionary War.  Keep the following snippet from the book, which quotes Benjamin Franklin, in mind while reading the remainder of this newsletter:

<blockquote>
And despite the popular myth, the American colonial revolt against England occurred more over concern for its own currency than a small tax on tea.  <strong>Benjamin Franklin wrote, "...the inability of the colonists to get the power to issue their own money permanently out of the hands of George III and the international bankers was the prime reason for the Revolutionary War."</strong>  As previously discussed, wealth equals power.  And the American revolutionists knew that to gain true freedom, they had to break the power of the Rothschild-dominated Bank of England, which had outlawed their money-colonial script.
</blockquote>

Obama's debt commission recently came out and, not surprisingly <a href="/2010/07/quantitative-beating/">[...]</a>
</div>]]></description>
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		<title>Where do you Run?</title>
		<link>http://www.thefinancialpanner.com/2010/05/where-do-you-run/</link>
		<comments>http://www.thefinancialpanner.com/2010/05/where-do-you-run/#comments</comments>
		<pubDate>Sat, 01 May 2010 15:43:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=838</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">May 1, 2010</div>
You most likely live under a dark slimy rock if you haven’t heard what is happening in Greece.

<img src="/wp-content/uploads/2010/05/CheetahChase.jpg">

The country is in serious financial danger and bond yields on the country are rising fast and furious regardless of the underlying expectation that the European Union and/or the IMF will bail them out.  Per the following <a href="http://www.businessinsider.com/greece-near-imf-bailout-but-then-why-are-bond-yields-exploding-right-now-2010-4">article</a>: <a href="/2010/05/where-do-you-run/">[...]</a>
</div>]]></description>
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		<title>Squeezing an Ocean into a Bucket</title>
		<link>http://www.thefinancialpanner.com/2010/02/squeezing-an-ocean-into-a-bucket/</link>
		<comments>http://www.thefinancialpanner.com/2010/02/squeezing-an-ocean-into-a-bucket/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 17:53:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=807</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">February 26, 2010</div>
Guess which is the ocean and which is the bucket?

<img src="/wp-content/uploads/2010/02/MoneyPrintingPress.jpg"><img src="/wp-content/uploads/2010/02/GoldBullionBars">

Many interesting things are currently happening in the financial markets.  One that stands out and relates to the title involves the saga of the continuing IMF gold sales.  To best illustrate the latest of this nearly 6 month drama follow the simple timeline provided below: <a href="/2010/02/squeezing-an-ocean-into-a-bucket/">[...]</a>
</div>]]></description>
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		<title>Lack of Respect</title>
		<link>http://www.thefinancialpanner.com/2010/02/lack-of-respect/</link>
		<comments>http://www.thefinancialpanner.com/2010/02/lack-of-respect/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 23:03:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=785</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">February 7, 2010</div>
Does anyone sincerely believe that US Federal &#038; State Government politicians are capable of instituting sound budgets?  The unfortunate and sad truth is that this doesn’t appear to be the case.  

<img src="/wp-content/uploads/2010/02/USDollarToiletPaper.png">

While a few months old, the following report, <a href="/wp-content/uploads/2010/02/CBPP-State-Budget-Shortfalls-2010.pdf" target="_blank">NEW FISCAL YEAR BRINGS NO RELIEF FROM UNPRECEDENTED STATE BUDGET PROBLEMS*"</a> sheds some light on the depth of the fiscal problems faced by nearly all of the US States.  Here are some key highlights from the report: <a href="/2010/02/lack-of-respect/">[...]</a>
</div>]]></description>
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		<title>The Power of Control</title>
		<link>http://www.thefinancialpanner.com/2010/01/the-power-of-control/</link>
		<comments>http://www.thefinancialpanner.com/2010/01/the-power-of-control/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 03:34:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=756</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">January 21, 2010</div>
Financial planners (not panners) everywhere beat the drum of retirement programs and all of the substantial benefits they offer.  The span of this message should not be understated - from popular financial gurus on TV to your local neighborhood financial planner, from local and national newspaper articles to financial magazines and online media, from anywhere to everywhere - it is perfectly reasonable to state that the general consensus holds 401ks and similar type retirement plans are <strong>*the*</strong> way to plan for a successful retirement. 

<img src="/wp-content/uploads/2010/01/TimeMagazineCover10192009.png"><img src="/wp-content/uploads/2010/01/RetirementNestEgg.png">

Relatively speaking, 401ks and similar retirement plan structures are a <a href="/2010/01/the-power-of-control/">[...]</a>
</div>]]></description>
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		<item>
		<title>2010: Truth to Shine as Bright as Gold</title>
		<link>http://www.thefinancialpanner.com/2010/01/2010-truth-to-shine-as-bright-as-gold/</link>
		<comments>http://www.thefinancialpanner.com/2010/01/2010-truth-to-shine-as-bright-as-gold/#comments</comments>
		<pubDate>Sun, 10 Jan 2010 20:56:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=730</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">January 10, 2010</div>
<strong>The truth hurts.</strong>  Initially, truth can be shocking, hurtful, surreal, and utterly amazing - but its longer term nature is always liberating as it provides a solid foundation to make forward progress.  With truth comes change, whether desired or not, and eventually a new sense of hope.

<img src="/wp-content/uploads/2010/01/TruthHurts.png">

<a href="/">The Financial Panner</a> sees 2010 being a year where many economic and market truths, a number of which are not mainstream, ascend the dam of deceit and rapidly immerse us all dispassionately.  Though many still will not wish to recognize and accept them, these truths will begin to be accepted by a majority as commonplace. <a href="/2010/01/2010-truth-to-shine-as-bright-as-gold/">[...]</a>
</div>]]></description>
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		<title>There Really is a Santa Claus!</title>
		<link>http://www.thefinancialpanner.com/2009/12/there-really-is-a-santa-claus/</link>
		<comments>http://www.thefinancialpanner.com/2009/12/there-really-is-a-santa-claus/#comments</comments>
		<pubDate>Thu, 24 Dec 2009 13:39:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=693</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">December 24, 2009</div>
<a href="/">The Financial Panner</a> commonly references and highlights "Markets at a Glance", a monthly report put out by Sprott Asset Management.  The report’s content is excellent and the latest issue, titled "Is it all just a Ponzi scheme?", is no different.

This month, <a href="/wp-content/uploads/2009/12/SprottDecember2009.pdf">the December 2009 report from Sprott Asset Management</a> attempts to discover which entities funded the massive <strong>$1.885 Trillion</strong> in US Treasury debt issued in fiscal year 2009.  The investigation reveals a startling conclusion - <strong>someone, perhaps Santa Claus himself, provided an extra $528 Billion to ensure the global economy ran smoothly and it was business as usual for financial markets.</strong>

<img src="/wp-content/uploads/2009/12/SantaClausDollar.jpg">

The following are key highlights from the report: <a href="/2009/12/there-really-is-a-santa-claus/">[...]</a>
</div>]]></description>
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		<title>A Centennial Struggle</title>
		<link>http://www.thefinancialpanner.com/2009/12/a-centennial-struggle/</link>
		<comments>http://www.thefinancialpanner.com/2009/12/a-centennial-struggle/#comments</comments>
		<pubDate>Wed, 16 Dec 2009 21:00:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=671</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">December 16, 2009</div>
In December of 1913, the <a href="http://en.wikipedia.org/wiki/Federal_Reserve_Act">Federal Reserve Act</a> was passed.  Nearly 100 years later, the quasi-governmental agency that the act created, commonly referred to as the Federal Reserve System, is at the center of a heated debate which could eventually result in its removal.
 
<a href="http://www.campaignforliberty.com/"><img src="/wp-content/uploads/2009/12/CongressmanRonPaul.jpg"></a>

Ron Paul appeared on CNBC’s Squawk Box yesterday morning, December 15, 2009, to provide an update on his Audit the Fed bill <a href="http://www.govtrack.us/congress/bill.xpd?bill=h111-1207">H.R. 1207: Federal Reserve Transparency Act of 2009</a>, as well as debate opponents to his well backed legislation head on.  Make no mistake, the fact that topics broached during this interview are now being entertained in such a mainstream and public domain is astonishing.  

As usual, Ron Paul provides a historical context as well as <a href="/2009/12/a-centennial-struggle/">[...]</a>
</div>]]></description>
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		<title>A Financial Roast of Roasts</title>
		<link>http://www.thefinancialpanner.com/2009/12/a-financial-roast-of-roasts/</link>
		<comments>http://www.thefinancialpanner.com/2009/12/a-financial-roast-of-roasts/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 12:08:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Newsletters]]></category>

		<guid isPermaLink="false">http://www.thefinancialpanner.com/?p=517</guid>
		<description><![CDATA[<div class="excerpt">
<div class="excerptDate">December 10, 2009</div>
Last Thursday, December 3, 2009, Ben Bernanke appeared before the Senate Banking Committee for his confirmation hearing.  While <a href="http://ny1.com/5-manhattan-news-content/top_stories/110007/schumer-takes-on--double-dip--atm-fees">New York Senator Chuck Schumer saw fit to question Ben Bernanke about extraneous ATM fees</a> and many other Senators openly voiced overall support for Bernanke with limited concerns, <a href="http://bunning.senate.gov/public/">Kentucky Senator Jim Bunning</a> proceeded to open up a can whoop ass on the Federal Reserve Chairman.

<a href="http://bunning.senate.gov/public/"><img src="/wp-content/uploads/2009/12/SenatorBunning.png"></a>

The following is footage of Bunning’s statement during last week’s hearing: <a href="/2009/12/a-financial-roast-of-roasts/">[...]</a>
</div>]]></description>
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