User666777

Dollar Update: Inflation Forces Are Brewing

Maybe I am wrong here but I am going super simple in my thinking. Since I dont know when this economy thing is turning around, I dont want to guess(which is the confidence thing) I am doing plain CD's, CD's linked to broad index funds, CD's linked to CPI, Index funds, CD's linked to currencies and CD's linked to Commodities.

I know this is not sexy, fun or thought provoking, but right now it is simple, safe and diversified. I am also in the process of updating all of my protection tools like wills, P/C, Life, DI, Liability.

Afriend tells me I am now offically a turtle, withdarwn into my shell. So be it, but I feel less emotionally beat up or fearful.

My two cents.

Mark-to-Market Accounting: Kill It Before It Eats Us Alive

Didn't FDR remove MTM as an attempt to rid himself of the GREAT DEPRESSION(maybe soon thereafter)?

So, we had MTM, a depression, then no MTM, a bull market, MTM again, another depression? MTM, the Depression maker?

Top Turkeys of 2008

#1 Turkey is......the politicians who in their attempt to buy votes brought out the Clinton era mantra of "everyone needs a home, it is the American Dream" and then went out a turned a blind eye to Freddie and Fannie accepting unempoyment benefits and food stamps as plausible income streams to be used as justification for a 100% financed loan.

Dodd, Frank, Schumer, Raines, all then tried to cover up and direct attention away from what they knew was happening but could not do the right thing any more than an addict can do the right thing, had to get votes !!! If we keep people in houses that can not afford them using certian governement payments(unempoyment, food stamps, aid to single mothers) then they will have to vote for us because the mean republicans would cut off benefits and they might lose the house.

Bush also bought into the idea as did most all politicians, we all know that real estate values ALWAYS go up, so what is the big problem.....

FDIC Troubled Bank List Grows By 46% - Is Your Bank Safe?

46% increase, that like half the banks in the country!!!!! Holy crap, the sky is falling!!!!!!!


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