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Request for Urgent Business Relationship

Generali
Posts: 36,411 Forumite

From the FT:
Dear Sir,
Good day and compliments. I am Dr (Mr) Benjamin Bernanke, Chairman of Federal Reserve of United States of America. This mail will surely come to you as a great surprise, since we never had any previous correspondence. My aim of contacting you is to crave your indulgence to assist us in securing some funds abroad to prosecute a transaction of great magnitude.
Due to poor banking system in America, many subprime borrowers are not paying back mortgages and banks have lost ONE TRILLION TWO HUNDRED BILLION UNITED STATES DOLLARS ($1,200bn) so far. This calamity has caused much suffering in my country. To help remedy this situation, our president, Mr Barack Obama, has authorised to be spent a sum of EIGHT HUNDRED NINETY SEVEN BILLION DOLLARS ($897bn) on stimulus plus many other good deeds like cash for clunkers. Unfortunately, since that time, we are being molested and constantly harassed by bond vigilantes who do not care that their reckless and vicious behaviour could ruin our hopes and plans.
To this effect, last year I authorised the printing of ONE TRILLION TWO HUNDRED AND FIFTY BILLION ($1,250bn) of United States currency to purchase government securities. To my great shock, this was not enough so I am now buying another SIX HUNDRED BILLION DOLLARS ($600bn).
If you forward a modest sum to purchase Treasury notes then I can buy many more of them with my unlimited printing press and their price will rise. I am absolutely positive that this arrangement will be of mutual benefit to both of us. I can offer you generous interest rate of EIGHT TENTHS OF A PERCENT after taxes.
I want you to immediately inform me of your willingness in assisting and co-operating with us, so that I can send you full details of this transaction and let us make arrangement for a meeting and discuss at length on how to transfer this funds.
Yours Faithfully,
Dr (Mr) Benjamin Bernanke
Dear Sir,
Good day and compliments. I am Dr (Mr) Benjamin Bernanke, Chairman of Federal Reserve of United States of America. This mail will surely come to you as a great surprise, since we never had any previous correspondence. My aim of contacting you is to crave your indulgence to assist us in securing some funds abroad to prosecute a transaction of great magnitude.
Due to poor banking system in America, many subprime borrowers are not paying back mortgages and banks have lost ONE TRILLION TWO HUNDRED BILLION UNITED STATES DOLLARS ($1,200bn) so far. This calamity has caused much suffering in my country. To help remedy this situation, our president, Mr Barack Obama, has authorised to be spent a sum of EIGHT HUNDRED NINETY SEVEN BILLION DOLLARS ($897bn) on stimulus plus many other good deeds like cash for clunkers. Unfortunately, since that time, we are being molested and constantly harassed by bond vigilantes who do not care that their reckless and vicious behaviour could ruin our hopes and plans.
To this effect, last year I authorised the printing of ONE TRILLION TWO HUNDRED AND FIFTY BILLION ($1,250bn) of United States currency to purchase government securities. To my great shock, this was not enough so I am now buying another SIX HUNDRED BILLION DOLLARS ($600bn).
If you forward a modest sum to purchase Treasury notes then I can buy many more of them with my unlimited printing press and their price will rise. I am absolutely positive that this arrangement will be of mutual benefit to both of us. I can offer you generous interest rate of EIGHT TENTHS OF A PERCENT after taxes.
I want you to immediately inform me of your willingness in assisting and co-operating with us, so that I can send you full details of this transaction and let us make arrangement for a meeting and discuss at length on how to transfer this funds.
Yours Faithfully,
Dr (Mr) Benjamin Bernanke
0
Comments
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I'm sitting at an airport in the US waiting to fly home. News headline just on: Obama administration may bend to Republican pressure and rather than can the tax refunds, extend them to those on high earnings too. That'll help then...Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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I think the USA is probably insolvent:
http://www.usdebtclock.org/#
printing money is probably the only option left to them. Assuming this is accurate, the key number is in the bottom right hand corner, 'unfunded liabilities per taxpayer'. It's slightly north of $1,000,000 and heading in the wrong direction.0 -
I think the USA is probably insolvent:
http://www.usdebtclock.org/#
printing money is probably the only option left to them. Assuming this is accurate, the key number is in the bottom right hand corner, 'unfunded liabilities per taxpayer'. It's slightly north of $1,000,000 and heading in the wrong direction.
Maybe, but their debt per person is tiny compared with ours!0 -
If you forward a modest sum to purchase Treasury notes then I can buy many more of them with my unlimited printing press and their price will rise. I am absolutely positive that this arrangement will be of mutual benefit to both of us. I can offer you generous interest rate of EIGHT TENTHS OF A PERCENT after taxes.
I want you to immediately inform me of your willingness in assisting and co-operating with us, so that I can send you full details of this transaction and let us make arrangement for a meeting and discuss at length on how to transfer this funds.
Dr (Mr) Benjamin Bernanke
You'll be wanting my bank account details, then. I'll give you the same one I gave some Nigerians the other day, because in a few days, I am receiving someone's inheritance of $4 million and I have to pass it on to someone else. Maybe you would like to borrow that, then I can send on the interest that you send me.0 -
Liabilities - shimabilities, just change the index used for uprating and tinker with retirement ages and pretty son those liabilities will become write-backs...I think the USA is probably insolvent:
http://www.usdebtclock.org/#
printing money is probably the only option left to them. Assuming this is accurate, the key number is in the bottom right hand corner, 'unfunded liabilities per taxpayer'. It's slightly north of $1,000,000 and heading in the wrong direction.I think....0 -
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