frankie cooper

Better Than the Depression? Don't Kid Yourselves

the question i have is - what exactly should people be doing to prepare? fall out shelters? check. short positions? check. less spending? check. paying cash only? check.

that's what i am doing. is that what you had in mind? what else can be done? i think that people hunkering down and doing all listed above is a foregone conclusion.....


On Nov 28 03:58 AM The hand wrote:

> my internet is screwed up and it is late in the day.
>
> comments from ithinkbig, kelly lieberman, carey_jim, and jlounsbury
> are on target. to ignore the potential of an economic meltdown and
> not prepare seems absolutely stupid. there is no one who can say
> it will happen, and only fools are singing pollyanna tunes. the
> economy is in a crisis. things are happening which have never happened
> before. how can you trust that we can be lead out of this event
> unscathed?
>
> and if you are positioned, this event (IF IT HAPPENS) does not have
> effect the quality of your life. you will still have a car. your
> kids might have to go to public school. a big mac meal may take
> the place of your two hour martini lunch. but your enjoyment of
> life will still be good (or as bad as the case may be) as it is today.
>
>
> Actually i was thinking that a contrarian approach to stimulus -
> lower taxes only - might be the correct approach. but actually,
> at this point i think we are wasting good money by doing anything
> at this point but trying to ease the social problems caused by this
> economic event.
>

Better Than the Depression? Don't Kid Yourselves

and does reality = the end of the world? who said anything about becoming lazy and living off of the govt?? what are you talking about?? since when does optimism = sloth??
what IS the reality and what should we do about it, genius?

hobbes gives absolutely no answers (oh - wait - he did: short TLT. thanks!! LOL), only whining and chicken little-ing......


On Nov 26 01:53 PM sbenard wrote:

> Yes! Let's all sit around and sing Cumbayah! Let's also quit our
> jobs, become couch potatoes, and just wait for monthly government
> stimulus checks for the rest of our lives while we live in endless
> prosperity!
> No thanks! I'd rather live in reality!
>
>
> On Nov 26 10:58 AM MurphMan wrote:

Better Than the Depression? Don't Kid Yourselves

dude - how much more badly can we get burned? and listening to talking heads? you mean like hobbes? LOLOLOLOLOLOLOLOL


On Nov 26 09:19 AM sieraromero wrote:

> It is suprising that so many experts[ the same ones who said we couldn't/wouldn't
> get to the point where we are now] completely rule out the possibility
> of a depression. The real economic problems have not even surfaced
> yet ! Many people are even saying that (IF) we drop into a recession
> that it will not be a long one. People who listen to the talking
> heads are going to get burnt badly.

Better Than the Depression? Don't Kid Yourselves

well, i guess we should all just lay down and die....
yawn. another doom and gloom piece. boring.

the author is one of those who is dissatisfied with EVERYTHING and apparently is terribly unhappy with obama as prez. according to hobbes, there is NOTHING obama can do that would be satisfactory. according to hobbes there should be NO BAILOUTS OF ANYONE. want to see a depression? there ya go.
we KNOW what will happen if the govt does NOTHING (a depression. a severe depression), what we don't know is what will happen if we try to stem the damage. i will have to go with the UNKNOWN on this one, hobbes.....