Catastrophe's cause was failure to regulate money and credit creation

Section:

3:45p ET Monday, February 25, 2008

Dear Friend of GATA and Gold:

That the unfolding international financial catastrophe was caused by the failure of the U.S. government to regulate the private creation of money and credit is demonstrated by the latest essay of F. William Engdahl, "The Financial Tsunami," which you can find at the Rense site here:

http://www.rense.com/general80/tsu5.htm

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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