Real Estate Fence Post

The Current Market Atmosphere: Easy Money Hard to Come by

The coming Deflationary Depression that the FED and the Bush Administration have engineered will most probably last 2 decades. I have no doubts that it will be worldwide, immeasurably deep and long lasting. The largest banks are insolvent and hiding their losses. And during the last 6 months of this administration, we are experiencing rampant commodity bubbles that are further engineered through corrupt government policies that allow Enron Type speculation. Pretty soon we will be paying $20 for a single patty burger at MCD's and rating them with tripple straws.
I blame this fiasco on both parties. Moreso on the republican brand of mis-government. At the end of this administration we will be lucky to have any form of retirement benefits, pensions or a solvent dollar. Have to admit G.W.B. is the worst president in the history of the U.S.