Getridofthemnow

Buffett Warned Us in 2003

Excellent article/post. Thanks for sharing. Now, let us not socialize the whole system. Wait. Reverse that. It's already happened. Time to go drink some vodka comrads.

Depressionary Tales

Fat pat,

>>Prohibit short selling.

Bad idea. Naked shorts...yes. But short-selling? You probably need to read Chairman Cox's own comments on this. Short-selling provide critical information. Naked short-selling via "distort and short" schemes are the problem.

Also - 100% correct by other postings that the corruption must be up-rooted. I would refer interested readers to Washington-Post's "How Washington Failed to Rein In Fannie, Freddie" article posted 9/14/08, by Binyamin Appelbaum, Carol D. Leonnig and David S. Hilzenrath. Until this sort of self-dealing is "dealt" with, and the American people WAKE UP, we might as well face that fact that we live in a socialized (U.K.) model of government. All we need is to anoint a king. Wait...that would be Paulson or Bernanke. My mistake.