Falling dollar.. Good or bad?

If nothing else.. I know I sure as hell didn't want to buy bad debt from banks.. Whoever thought that was a good idea needs a brain transplant..


Watch houses tumble now... Unless you got cash.. good luck getting a mortgage.. The way it should be. Maybe prices will once again reflect reality.

Plus, no matter the consequences.. any policy of socialism defeated is a good thing in my mind.

Barny Frank is an idiot.

 

No doubt.. if it's gotta be cold turkey.. so be it. Shoulda saved for a rainy day.. and it's pouring.

 

Oooops.. make that a 700 + point freefall.. so far.. good.. maybe that'll learn em that working people aren't a bottemless well of cash.


Poor bastard commies.. they weren't suppose to have any risk!

 

And they only needed 13 more votes. If they can get a re-vote, I'm sure they can bully or bribe 13 of their members.

 

Well, ya know it aint the last we heard of this crap.. Bush devoted a whole 4 1/2 minutes to this mother of all economic crisis's this morn to praise the plan.. Then he prolly went golfing.

Course there was no details.. Crooks and liars hate details.. Glad his party snuffed it, for the most part.

Just saw Naaaaaaancy laying all the blame on the Repubs..... Saying they hurt the American people for political reason? She is a moron.


They all need to go.. Repubs and Dems alike.. Can only blame each other for so long..

 

And oil is down today. Could it be that people sold their oil interests to get money to buy stocks at rock bottom prices? Lower oil prices hurt the Russians and Hugo Chavez.

 

Or sold to pay the mortgage.. and buy food.

Damn, I was tired.. layed down and zonked.. I see the final tally was close to down 800.. wowsa.. bloodbath.

 

Time for one or the other to get into some kind of incident that will send prices higher.

 

Most likely.. Invade Alaska?


Sh*t... I don't think 9% interest is sounding too hot anymore.. might hafta demand 20% pretty quick if this "credit freeze" continues much longer..


I'm a ruthless bastard..

 

The number was the largest, but percentage wise (7%), it didn't make the top ten.

 

Yeah.. what was "black monday" in 87'? Like 25%?


I got no proof to back it up as there will never be any.. But I think all this crap was planned and designed for 1 purpose mainly..

To pull the rug and keep most baby boomers from being able to retire..


I see Wachovia collapsed too... gonna be bought by sh*ittybank for $1 a share... R.I.P.

 

hip hip hurray!
it FAILED ! !
dow down 777... almost 7% in one day!

 

Haha.. Nobody wanted there finger prints on this one.

 

Funny, eh?

Goes to show ya what kind of folks we got "looking after us" ... If this was so good for us and necessary like morons have been claiming.. what was the problem?

Lying sacks -o- sh*t..

 

Don't think the bleedings done yet either.. you may get your wish.


But you'll still have to pay your debt... and it'll be much harder..

 

pretty sure they were looking to have thier OWN investments bailed out by the American tax payer...

funny... for years since the f00king hippies graced our shores, the middle class was told its our duty, and responsibility to bail out the poor, and unfortunate... Now we are told we need to bail out the rich and fortunate!

WTF ! ! !

 

Hahahaha.. like I've known for years.. the real welfare cases wear Armani suits, live in mansions, and ride around in limo's..


I guess it's only natural they'd do anything in their power to anyone to maintain their gravy train..

Like I also say.. they are their own worst enemy and will lose it by their own hand..

 

I forgot too.. this big a drop whilst the short sellers are banned for the time being.. ouch...

R.I.P. economy as we knew it..

Hey.. I got a crazy idea.. lets replace it with a new one based on freedom, cooperation and honesty!

 

You know, I'm currently writing a paper on true-cost economics. If you're really interested, I could send it to you.

 

TimFalardeau@cox.net

email me, and I'll give you my phone number...you can read it to me. I love the subject and you have inspired me.... EMAIL IT !

really!

I want it...