contender

Historic Financial Collapse Underway?

I always find it hard to believe in extreme scenarios. The truth almost always ends up being somewhere in the middle.

That said, I think the number of perps...err... goldman sachs...err.. governemtn officials they are trotting out to tell us that we worry too much is another 'tell' that things are worse than normal.

It all hinges on housing. What breaks the downward spiral ? Its a degenerative feedback loop, and what breaks it -- especially as the government offshores our jobs and devalues our dollar so there will be fewer and fewer solvent families and individuals to sop up the excess inventory and stabilize prices ?

What breaks the cycle ?

Was That a Bottom? Should We Even Care?

Nahhh I want a mortgage guarantee outfit, where I can use $50 as collateral (we wont say anything about the good faith of our co-conspirators) and guarantee everyones mortgage... for a small fee, of course !

If you know the right people you'll get the support of the whole population !

Was That a Bottom? Should We Even Care?

I contend that in the year where crooks like gs and the NYSE can operate opaquely, where the financial institutions can make up their own rules as they go along and create vehicles that could destroy the financial system, retirement savings, and well-being of a whole country or world, where the treasury secretary (aka GS) can openly buy shares to prop up failed businesses with /the small investors' dollar/, that there is no place to hide.

The manipulators kill you in the short run -- the dollar inflators and government liars kill you in the long run.

Small investors dont know about hedge funds because they are not allowed to benefit from them.

I want a system where uncle sam bears my risk, and I get the profits.

The Screws Tighten on Apple Investors

AAPL's not overhyped ??

*LOL* now thats funny !

AAPL products have always been overhyped -- they have also always been overpriced -- which means that they wont achieve the kind of penetration the aapl zealots contend.

Regardless of stock price, AAPL is completely overhyped -- and given that nobody /needs/ any of the stuff they sell I dont see how anyone (other than an aapl zealot, of which there are many) could even think aapl stock would thrive in an extended economic downturn.

Shoot tech in general has gotten /killed/ because tech spending, even at the corporate level is considered fairly discretionary by wall street -- yet a consumer tech company is gonna buck all that and go up while the market tanks ?

Ok im gonna sell all my PG and buy AAPL to protect me from the bear !