CaptBob

To Avoid Failure, Get Really Big; Everybody Else, Watch Out

Who was it said??--If you steal a million you go to jail, if you steal a Country they crown you king!".
Sounds like W.C. Fields wisdom.
None the less In the Monarchy of Benny and Hank, there'll sure be a lot of Princes running around.

Raise Taxes!--HA--Get ready to scrap the 40hr work week and--Pony Up.

Credit Crisis Review: ARMed for Failure

Gee, I'm sure glad the Fed's done a "Good Job" in 2007-8 and we've got till 2010-12 for the "Bad news". Not for nothing-But!!-if the Fed continues their "good job" we're not making 2010!

It was actually a Triumvirate spawned by the Greenspan era of low interest rates=easy credit.

1.Banks wrote mortgages designed for maximum profits in anticipation of ever increasing home values. And packaged the CDO junk for sale -up the line and overseas. Boy we sure fooled those Chinese with our AAA CDO-Tranches Huh??

2. Those poor dupes who wanted but could never qualify were accommodated anyway. Unemployed room temperature I-Q's stood No Chance against lifetime Real Estate hucksters. Plus as values rose ,they discovered the "Equity Loan" compounding the damage.

3. The true speculator, that believed it would never end and rode the Ponzi scheme to dizzying heights, turning cheap Lead to Gold, till that one big wave and ----Wipeout!!

All About Investing in Agricultural Land

There is no doubt that the day may come where the choice will be dance or eat. At that point in time there is little doubt that the cherished I-pods of today will find their way to pawnshop shelves, in a great transfer of wealth to Ham Sandwich's.

One law that will never be repealed is that of supply and demand. And on a planet with the increasing population of ours the demand for food can only increase proportionately.

Predatory Banking Practices Undermining the U.S. Consumer

Any Bank that will not afford me "No bounce" overdraft protection at a reasonable interest rate I simply won't do business with since if there is evidence of predation in one area, you know you're dealing with a wolf.

Overdraft protection is a short term loan which covers all checks written above your present balance until the next deposit covers them. Not for free!-you pay a prevailing interest rate on which the Bank makes a profit--just not a predatory--"Thieving" profit.

To most problems there is a simple answer. But they will not offer the option least in their interest--you must ask.