User 265729

A Buy & Hold Forever Dividend Stock Portfolio

Would you buy ANY STOCK that got some of the $2 TRILLION in loans that Paulson, et.al. don't want to tell the American people about? Bloomberg is suing them in court to get the information:

www.bloomberg.com/apps...

Sure... Go down and invest in stocks. That would be really SMART! The company you are investing in may be living on borrowed time courtesy of loans from John Q. Public!

And the sham continues! How in the hell do they expect to EVER bring confidence to the markets by doing these insane things?

Maybe you can hold on to these stocks long enough and they will become fossils that future generations will discover and will help answer the question of what really caused our ultimate extinction!

Credit Card Defaults Are Just Beginning

thedozer:

It is a bit disturbing,,, My wife just let me read an e-mail from the young daughter of a friend of ours in Michigan. She essentially made a statement to the effect, "I can't wait until things get back to the way they used to be."

Some young people out there, with a lack of understanding of economics and history will shortly be in for a big surprise. I guess rude awakening, is more like it...

I actually feel sorry for the total naivety of a lot of people. I guess one of the factors for stocks going up today was oil below $80.00 bbl, yet few really want to know exactly why that is happening. Things like... You won't have a job to drive to... They'll be repossessing that SUV with wide screen TV for the kids. Industry will not need the petroleum... This is all something to celebrate...

Credit Card Defaults Are Just Beginning

There are so many idiots and idiot banks out there... I've seen people not cutting back one bit! They are just filling in the "deficit" with Mr. VIsa, Uncle MasterCard and brother American Express.

One of many shoes to drop. I guess banks don't think they need to reel in some of the irresponsible types with credit cards. After all, the American taxpayer will bail them all out.