Washington’s Enron-style accounting is now so widespread and so deeply ingrained, the nation could be bankrupt and not even know it.
You go to work. You save and invest. You vote in the November election. And you assume that everything is business as usual. Then, one day, you wake up to the shocking discovery that it’s not.
Inflation is at least three percentage points worse than what they’re telling you. Unemployment and the budget deficit is over double. The national debt is at least five times bigger than official tallies.
Almost every number coming out of Washington has been thoroughly massaged and greatly distorted, almost always with a bias toward sweeping the dirt under the carpet and sugarcoating the truth.
This is not a conspiracy. It just happens naturally. But that doesn’t diminish the potential impact on your money. It’s easily the greatest scam of all time.
Every single administration — from John F. Kennedy to George W. Bush — has succumbed to the same temptation to “reform” the data collection process ... “streamline” the reporting procedures ... and continually implement minor, incremental changes — all to make things look a bit better.
Each new change has been grandfathered in by the next administration.
And the cumulative effect of all these small changes over time adds up to a gross distortion of reality that could directly threaten your financial future.
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