DON'T MISS THIS SHOW!

BREAKING NEWS MONDAY JUNE 20, 2005 GUEST MARK FAULK DROPS A BOMB-SHELL DURING A LIVE  BROADCAST WITH YOUR HOST ALEX MERKLINGER, HERE AT MYSTERIES OF THE MIND. YOU WILL LEARN ABOUT: "THE BIGGEST FINANCIAL SCANDAL IN THE HISTORY  OF THE WORLD."

Taking the Faulking Truth to the Airwaves

By Mark Faulk

June 17, 2005

In what is rapidly becoming a pattern in the Stockgate scandal, the major media has barely scratched the surface of what is without a doubt the single most important financial crisis facing our country today.

It has been estimated that the practice of stock counterfeiting through naked short selling has resulted in investors being defrauded of nearly ONE TRILLION DOLLARS of their hard-earned money, (or perhaps much much more. Comment by Vince) yet the Securities and the Exchange Commission has done absolutely nothing to stop it.

While the major media has been asleep at the wheel when it comes to covering this massive corruption, the rest of us have been working diligently to expose it on a daily basis, and the public outcry continues to grow. This story has been, and will continue to be, told from the ground up, by independant internet news sources and activists, disgruntled investors, and those who are brave enough to tell the truth, even as shows like NBC's Dateline, who has apparently killed their own expose' on the stock market scandal after over a year of empty promises, succumb to politics and corporate pressure.

This Monday, June 20th, we will be taking the Faulking Truth to the airwaves, when I appear as a guest on the "Mysteries of the Mind" radio show with host Alex Merklinger, from 7:30 to 10:00 pm MST (9:30 to midnight EST).

We will be discussing the Stockgate scandal and how it affects all Americans, Bush's plans to invest your social security money in a corrupt stock market, his choice to replace SEC Chairman William Donaldson with California Congressman Chris Cox, the upcoming "Counterfeit Conspiracy" documentary, and of course, I'll have an opinion on almost every major player in this complex game, including the SEC, the NASD, hedge funds, the DTCC, the brokers, and everyone else who is getting filthy rich at the expense of the small investor.

Expect nothing less than the Faulking Truth.

Alex Merklinger's "Mysteries of the Mind" airs from 9:00 pm to midnight EST Mondays through Fridays, is aired on 37 radio stations across the US, has listeners in every major US market and in 65 different countries, and has a worldwide audience of over 500,000 listeners.

To listen to the "Mysteries of the Mind" broadcast live on the internet, go to http://www.mysteriesofthemind.com/listeners.htm. It will also be available in their archives after the show has aired.

Add your name to our Stockgate Activist mailing list on our homepage, and voice your opinion on our Stockgate forum on our new Message Board at http://www.faulkingtruth.com We will email you only when we have new articles or information dealing with this issue. Please link the articles everywhere you can, post them on stock message boards, and send them to the appropriate public entities. To enact positive change requires positive action.



Mark Faulk

info@FaulkingTruth.com

www.FaulkingTruth.com

http://www.faulkingtruth.com/Articles/BlogFest/1042.html

Note by Vince

Folks what will be disclosed during this show is not some boring financial stuff relevant only to rich Wall St. or investor types. What you are about to learn about effects every one of us! Learn how the Big-Guys are destroying the entrepreneurs of our country and other countries of the world, while lining their pockets with the blood money of our collective broken dreams in order to also maintain their control of the economic-system.

I will also note that while this problem drastically effects all of us in a myriad of ways, and that small stocks are a primary target, we must also recognize that the same process is being employed to destroy our economic productivity as a nation in other ways. We only need to look to the recent downgrading of GM and Ford bonds to JUNK-STATUS. Did you know that just prior to that downgrade 14% of GM stock was officially sold short? Did you know that it is possible that on the foreign exchange that number could be exponential via derivatives and other methods? If this does not yet make sense, it will after you hear the show on Monday June 20, 2005 here at Mysteries of The Mind!


Kind regards,

Vince


FYI:

(IS THIS ALSO A NUDE-TYPE STOCK RIP OFF OF GM?)

Fourteen percent of GM's shares were sold short, or borrowed and sold in order to profit from

falling prices, as of April 26. The figure was the sixth largest among companies in the S&P 500 Index. "

http://quote.bloomberg.com/apps/news?pid=nifea&&sid=angwg5qu8bpw



Pensions at GM, Ford not protected against default in bankruptcy

http://www.buffalonews.com/editorial/20050615/1066340.asp


Kerkorian's Tracinda lifts GM stake to 7.2 percent

Kerkorian's May 4 offer for a bigger stake in GM followed its first-quarter loss of $1.1 billion,

the company's worst result since it narrowly escaped bankruptcy in 1992.


Dollar May Fall; Report Shows Foreign Investment Below Forecast

"the Treasury Department's so-called TIC report showed foreign investment was less than the US trade deficit for a second month"

http://www.bloomberg.com/apps/news?pid=10000103&sid=aGJ5Zl2ebKIg&refer=us


Foreign investment drops

foreign investors purchased only $101-million worth, down substantially from the $2.2-billion acquired in March. CA

http://www.theglobeandmail.com/servlet/story/RTGAM.20050616.wsectrans0616/BNStory/Business/



Goldman Sachs Profit Drops for First Time in Three Years as Trading Slumps

Listen http://www.bloomberg.com/


Morgan Stanley economist sees oil crash

Reuters - 15 hours ago

SINGAPORE (Reuters) - The oil market may be quickly headed for a massive crash as global economic growth slackens, alternative energy gains ground and ...

http://www.reuters.com/financeNewsArticle.jhtml?type=businessNews&storyID=8806298

OPEC lifts its quotas to sate surging worldwide demand

International Herald Tribune, France - 21 hours ago

... benefiting financially from expensive oil, are still concerned that the volatility in energy markets could portend a crash in the price of oil if demand ...

http://www.iht.com/articles/2005/06/15/business/opec.php


It's possible, but harder, to invest in paper bonds:

The Treasury decided to shut down EasySaver because participants received paper bonds,

http://www.redding.com/redd/nw_business/article/0,2232,REDD_17527_3860047,00.html


June 16, 2005

Why the Housing Crash Will Happen

Posted by Dana Blankenhorn

Snip "The last "triggering event" in housing was the 1973 Arab Oil Embargo. This raised inflation, thus raising interset rates, it caused unemployment, and it meant there wasn't a lot of money left over for housing, not as much as anticipated by prices.

There are many potential triggering events right now. Something as simple as a trade dispute with China could trigger higher interest rates. An upset in the U.S. budget, or a big bankruptcy, could provide the trigger. "

http://www.corante.com/mooreslore/archives/2005/06/16/why_the_housing_crash_will_happen.php


(this one is not June 16th but is an important reference)

Devine Prevents GM Bankruptcy With Plan to Hoard Cash (Update1)

Bloomberg - May 23, 2005

GM is just as vulnerable to economic upheaval as the US airlines and steelmakers that have already declared bankruptcy, Devine said.

Marin Capital Hedge Fund to shut down

http://www.hedgeco.net/news/06/2005/marin-capital-hedge-fund-shut-down.html


Goldman also played down speculation of big trading losses as unfounded and ... Trading revenue in most bonds, derivatives and commodities results all were lower

http://www.reuters.com/financeNewsArticle.jhtml?type=bondsNews&storyID=8814839


Fannie, Freddie Cut Derivative Use in '04

Los Angeles Times, CA - 13 hours ago

The two companies use derivatives and issue debt with call options attached, to ... rise above 100 cents on the dollar, setting investors up for losses because the ...

http://www.latimes.com/business/la-fi-wrap16.1jun16,1,2187873.story?coll=la-headlines-business


CAO chief on fraud charge Yoolim Lee and Nesa Subrahmaniyan

Chen Jiulin - the suspended chief executive officer of China Aviation Oil (CAO) (Singapore) - was charged with fraud after a US$550 million (HK$4.29 billion) derivatives trading loss at the company, which supplies almost all of China's jet fuel imports.

http://www.thestandard.com.hk/stdn/std/Business/GF10Ae02.html


Hedge Funds Are Growing: Is This Good or Bad?

Knowledge@Wharton (subscription), PA - 23 hours ago

... that many hedge funds making similar bets could suffer big losses all at ... place bets through exotic currency, debt, commodity and equity derivatives; they can ...

http://knowledge.wharton.upenn.edu/index.cfm?fa=viewArticle&id=1225



'Hedge Fund' Blowout Threatens World Markets

http://www.larouchepub.com/other/2005/site_packages/hedge_funds/3221blowout_threat.html



Regional manufacturing report shows drop in business activity; greenback splits against euro, yen.

"NEW YORK (CNN/Money) - Treasury prices climbed Thursday afternoon after a regional business survey showed a slump in growth, possibly heralding an economic slowdown."

http://money.cnn.com/2005/06/16/markets/bondcenter/bonds/


Japan's 10-Year Bonds Drop; Yields Have Biggest Jump in 5 Weeks

Bloomberg - 10 hours ago

June 16 (Bloomberg) -- Japan's sovereign bonds fell, causing the biggest jump in 10-year yields in five weeks, after a report showed the government became more ...

http://www.bloomberg.com/apps/news?pid=10000101&sid=anPAuLtoaDwM&refer=japan



European 10-Year Bonds Extend Slump to Longest Since February

Bloomberg - 9 hours ago

June 16 (Bloomberg) -- European 10-year bonds fell for a sixth straight day, the longest decline in four months, on reduced speculation the European Central ...

http://www.bloomberg.com/apps/news?pid=10000087&sid=a19a1C8ywHDs&refer=top_world_news

Canadian dollar holds gains, bonds slip further

http://www.reuters.ca/locales/c_newsArticle.jsp?type=businessNews&localeKey=en_CA&storyID=8811969

KDB Issues 30-Bilion-Yen Bonds

Korea Times, South Korea - 9 hours ago

The state-owned Korea Development Bank said yesterday that it has raised 30 billion yen ($274 million) by issuing Samurai bonds in Japan

http://times.hankooki.com/lpage/biz/200506/kt2005061619483511860.htm

Danish Bonds Down Ahead Of US Data

http://www.newratings.com/analyst_news/article_874660.html


Federated Bond Fund Gambles on GM Bonds to Revive 2005 Returns

Bloomberg - 14 hours ago

bonds to help his fund overcome a slow start in 2005 and beat his performance benchmarks. ``Any news can add $10 to those things ...

http://www.bloomberg.com/apps/news?pid=10000103&sid=amws00bWXAJM&refer=us


Market nervous that EU budget talks may break down

http://www.marketwatch.com/news/story.asp?guid=%7BB0E1D2AF-4CC9-47E9-9C5E-9876C4507FC5%7D&siteid=google&dist=


Housing boom goes global; bust fears loom

Pittsburgh Post Gazette, PA - 3 hours ago

... because the returns they can earn on bonds are so minuscule. Equities have been a hair-raising alternative. The Dow Jones world stock index is down 1 percent

http://www.post-gazette.com/pg/05167/522688.stm

Oil prices shot up to a record high of $58.60 (U.S.) a barrel Friday,

http://www.rense.com/general66/oilsoars.htm


Bonds dip, dollar falls

http://money.cnn.com/2005/06/17/markets/bondcenter/bonds/


German 10-Year Bonds Set for Biggest Weekly Drop Since February

http://www.bloomberg.com/apps/news?pid=10000100&sid=a3_ZPpWInlx0&refer=germany


Stocks rise as commodities soar (Oh gooodie goodie things cost more! With insult to injury...)

http://www.reuters.com/financeNewsArticle.jhtml?type=businessNews&storyID=8827256



Thank you very much from everyone at MRN.

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