Econ 101

Why This Rally Is Unsustainable

If you believe the basic premise of this article, that GS and the government (ie the Fed & Treasury) is manipulating the market, then write your congress person to support HR 1207, an Audit of the Federal Reserve
(www.govtrack.us/congre...)

Write your congress person: www.house.gov/house/Me...

Global Capital Asset Death Spiral

It is fine for all of you to look back and see the problems with 20 20 hindsight. I pretty much agree with this blame game, altho I think it starts with congress and the American people re-electing the crooks.

However, I disagree with the Fasist plan to nationalize everything and save the wall street bond holders and the rest of the thieves who got us here. Housing prices need to fall to 25% of their current value or less so the whole economy can get in line with wages. There will be a problem with the Chinese (and other Sovern Wealth Funds) using their worthless dollars to buy US real estate. The government must stop printing money at the helecopter rate (at 14% 18% 20%?) and let things fall.

yes, people will lose their homes and the value will fall. They will owe more than the home is worth and someone will lose. Who ? CALPERS and the other pension funds. But they have already lost big time. The politicians and other crooks are just keeping it quiet until after November.

I am voting for the Muslim Obama so he and the Democrats are left holding the bag and even Hillary wont be able to run in 2012