Repsonsible Citizen

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    • Mon Oct 20th 10:12 AM | Rating: 0 0
      Commented on:
      What Makes Me Bearish? Hedge Fund Sales on the Horizon
      Its only the Beginning , were in the 3rd inning at best , the real pain is yet to come . But things will look better by 2012 , we just have to get through the next 3 years .
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    • Fri Oct 17th 12:31 PM | Rating: 0 0
      Commented on:
      Bad Mortgages Are Only the Beginning
      The Wrong Path has been taken , If this wasnt a election year I believe
      the Gov would have stayed out of it , let markets sort it out ,take there course . But it is a Election year so the decided to INFLATE the currency IE Print Money and distribute it , like there doing to Big Banks now , Germany tried that in the 1930s it led to Hyper Inflation the 10% a MONTH KIND! Prices doubled every 5 months at the end about mid 1937 Prices rose Every day 3% or 4%. This ended of course total collapse of the Economic system and the OVERNIGHT Rise of a Army Corporal to FURER in a matter of days .
      That was rise of Hilter and shortly after WW II.
      What Will happen here is unknown except the inflation part , that Will Happen it will take about a year to begin , What to do ? buy hard assets , land, houses. gold and silver just about any hard asset will do they will rise with inflation , paper money will become more and more worthless or put another way it will take more and more of it to buy things in the End it will take a brief case full of $20 bills to go Grocery shopping . I cant see anyway out now and yesteday a goverment offical said when asked about coming inflation said, we cant worry about that now we have to stop the Markets going down , people 401ks and Ira's . The truth is by the Time the Inflation gets really bad 2 or 3 years from now these same officals will be gone away to retire with there Gold leaving the rest of us up the Creek without a paddle. It aint going to be pretty and no matter WHO Wins the election the INFLATION NIghtmare will play out the same!
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    • Wed Oct 15th 10:53 AM | Rating: 0 0
      Commented on:
      The Paulson Plan: Compelling Banks to Lend at Bazooka Point
      WHO WHO Are The Banks Suppose to Lend to ?? The Same people who they just forclosed on 6 months ago. Or People with NO jobs or bad credit or deep in credit card and car loan debt ? Who ?? Busniesses who now have very few customers . People who are doing OK , Dont want to borrow money NOW ! At High Interest rates or low interest rates for that matter.
      Paulson and company are just stalling till Jan , when they can LEAVE . They GOT there Cash and the American Public is left Broke and Holding the bag. When Obama and Dems take control in Jan they'll finnish off whats left of American businesss with New Punishing Taxes on Business and the wealthy , but that wont be enough so they'll start on the working man by 2009 everyone who works will pay much higher taxes. This of course will take whats left of the American economy and destroy it. Depression will follow I was raised in the 1930s it wasnt much fun but I was a little kid so it wasnt too bad , I'll me a Old Man in this depression. Kinda scary
      God Help America
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    • Thu Oct 9th 13:36 PM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      The World goes Down the drain , and the Crew at CNBC sits and LAUGHS and Jokes and has a Gay old time. Their Set, Milllion Dolllar Jobs, Big Homes upstate , in Florida too They LOVE THIS its Great for Ratings they'll get huge raises this year. Bill and Sue and Michaele they can hardly stop smiling and laughing . They Make me sick , there NOT Patriotic in fact there probably in the HATE America Club and everyone them Supports OBAMA , its a Job requirment !
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    • Wed Oct 8th 16:51 PM | Rating: 0 0
      Commented on:
      Awaiting Apple Earnings and Guidance
      Perhaps the confidence Problem is that Paulson and Company will be GONE in 3 months who knows who will be trying to sort out this mess , Probably appoint a comssion if McCain Wins to study it , Obama Wins Dems Buy EVERY Bad MORTGAGE from every Deralict in America and stick the Middle class with the $3 Trillion Bill . ! But Dont worry about the Money they'll Print more , in fact some egg head on CNBC actually made that comment in all seriousness , He has NO IDEA what HYPER INFlation Means , Young 40 something kinda like OBAMA Young and NO Experience and NO Clue about History . I guess they don't study World history at Harvard.
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    • Sun Sep 28th 17:37 PM | Rating: 0 0
      Commented on:
      Curing the Credit Crisis: A Better Alternative Plan
      This bailout is a Red Herring , Fed Report says 95% of banks are lending as normal as of last Sep 22nd . There s NO Credit Crisis , Paulson is trying to Bail out his buddies at GoldMan Sacs and perhaps even himself they made risky investments and they've lost Billions the Rich don't take there loses well. The Mortgages that the Fed will buy are the worst of the worst ,,GoldMan and the Banks will hold on to the ones they feel may yet payback. Don't be fooled NO One Will buy these $700 Billion of Worst of Worst paper from the Gov . So The Tax payer will be stuck with them and its estiamated it will cost over $5 Billon just to create a Dept to Over see this trash paper . Call Your Congressman its NOT To Late ! This Bill won't be voted on Till Wednesday. Tell them To Vote NO , don't be fooled by Paulson and Polsi there ONLY Looking out for there own interests. Enough is Enough ! If This Passes You, Your Childern and there Childern will be Paying for this in much Higher Taxes and interest rates for the next 30 years ! The Dems control both Houses they could have passed this at anytime but they are waiting till theres enough Republicans who will go along. It s a BAD plan and the Dems know it !
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    • Thu Sep 25th 15:16 PM | Rating: 0 0
      Commented on:
      Curing the Credit Crisis: A Better Alternative Plan
      Thank Goodness We have a Leader Like McCain He saw trouble and went to head it off at the pass unafraid of the danger . Unlike Obama who was afraid to go to DC , they had to drag him kicking and Screaming so they can get him to vote on the rescue plan. McCains a Leader , Obamas a coward . Who do YOU want as our next President ???
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    • Thu Sep 25th 13:21 PM | Rating: 0 0
      Commented on:
      Curing the Credit Crisis: A Better Alternative Plan
      Today Im ashamed to be a Democrate , I watched the two days of hearings , Boy the Dems sure talked tough on TV , about taxpayer protections . Tight oversight , Protection for people in Forclosuer and Bankruptcy ,
      Ceo Pay caps, Golden Parachutes , Taxpayers getting a equity stake in companies they help , only giving Paulosn 150 Billion and seeing how that goes ,, NOW today behind closed doors they give the Republicans EVERYTHING they Want, Basically NO Real conditions at All Just a little wondow dressing with no way to enforce any of it ! So NOW the Taxpayer Will Be stuck with a HUGE 700 Billion debt it will INCRESASE Taxes on EVERYONE course if Your a working man they can get at your taxs through payroll alot easier then the Rich guys . Franks is a WIMP he caved in ON EVERTHING . And were Will the $700 Billion come from? China at 10.5% a year interest that $70 Billion a year . And the Bank stocks are SOARING they Love it Paulson and Bush are going to give them almost Full value for there bad debt and TRY and sell it maybe they'll get 20 cents for what the paid 80 cents for .. Wall Street is partying right now. So John McCain rode into Washington and SAVED America , John McCain couldnt Find the Bathroom on his own !! And What of Obama ? He's there too I guess he's VOTING PRESENT !
      Im NOT Voting this year, Let The DEMs stew when Mc Cain wins they better NOT Ask Why , because they CAVED into the Republicans AGAIN they have NO BackBone. Copy this and send it to ALL Your Friends so they know How The Democratic Party SOLD OUT MAIN STREET America and the little guy .

      J.Masters
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    • Wed Sep 24th 15:02 PM | Rating: 0 0
      Commented on:
      Curing the Credit Crisis: A Better Alternative Plan
      You have it 100% Right Paulson is a CROOK ! After He leaves In Jan I bet he goes back To GoldMan and Gets $50 Million a year "job" This plan is BS they just want to unload BAD Stuff on the FED Goverment !
      These people are liars and theives !! But they look nice in there $3,000
      siutes !
      View article »
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