thatguy57z

Seven Uncomfortable Predictions for the Economy

what I have been saying for month and you can check my comments, you need to pull your money from where ever you have it start paying cash for what ever you buy because buy useing debit cards and checks they know where you've been and going.

Next thing you need to do is buy yourself a gun and a lot of ammo well you can still buy it, because there going to be coming.


On Mar 30 01:13 PM henarl wrote:

> Bagman: Unfortunately moving to Canada, Costa Rica, etc. will not
> help in escaping the current malaise. Corruption and avarice is not
> just endemic to individual countries but rather endemic to the human
> race. Your passport is not a ticket to utopia.

AIG: Why Pay Retention Bonuses to People Who Shouldn't Be Retained?

What we have here is rape of the taxpayer in broad day light and with the help of the government, what needs to be done is everything be taken from the ones that got the bones and let them show that they earned it.
Because from my mind is they where going down,so at that point nothing on paper matter its no good ass wipe paper, then the taxpayer steps up your on are terms weather it was on paper or not you answer to the taxpayers first.

Now the government need seize everything they got the money and in a court of law at there own expense and let twelve people decide if they earned it

When Unemployment Peaks, The Bottom Should Follow

Yes this is going to be worse then 1929 and is going to last a lot longer.
There's going to be longer soup lines if there any soup or bread, open your eye's its going to be way worse. If you got any money in the bank better pull it and start paying cash for everything you need,or you lose it because the Fed's say it's backed, you cant back something if you got nothing to back it with.


On Mar 06 12:27 PM morph366 wrote:

> A sentence like the following - "We're probably beyond the halfway
> point in this process, although there's still too much uncertainty
> to say for sure." - promises some kind of insight into where we are
> at and then takes it away with the qualification.
> Normally in recession unemployment is a lagging indicator - the bottom
> will be in place long before unemployment peaks. But this may not
> be a normal recession

Can You Hear the Bell Signaling a Bottom?

Well the way I see the market is give it a few more week or so and it will be at six even, and down from there.

Take your money and run and buy a gun.

Housing Inventory: Blinking Bottom Indicator

Well there's only one problem is that most bank's and mortgage companies had stop foreclosure until the government came up with some help, well it's not there, that's some think the bottom is here. Well think again its going to hit so hard in a few days because the foreclosure is going to go trough the roof. Now your going to see the commercial bubble burst because loans are coming due, and if you look around and see all the new building empty, who's going to pay for all that empty space, you and me, because there going to have to bailout the banks aging. Where headed for the worst collapse then the 30's and its just around the Conner, If your going to survive you better start paying cash for everything don't put anything in the banks because when the door is closed they got your money and the government is out for themselves


On Feb 26 08:13 AM The Mad Hedge Fund Trader wrote:

> Here is a novel plan put forth by a hedge fund in Florida, Derivatives
> Bridge, LLC. Securities backing performing mortgages worth 100% are
> being sold for 20% because there is no market for these securities.
> Have the government buy these securities for 60%, rescuing the banks,
> and then sell them back to the original homeowner. The homeowner
> then is able to refinance his home, see his mortgage principal drop
> by 40%, restoring his net worth, and purchasing power. The cost to
> the taxpayer is zero. This is already possible in some countries
> like Denmark. If someone offered me a deal like this I’d take it
> in a heartbeat, even if I had to clean out the sofa cushions and
> raid my kids’ piggy banks. They say necessity is the mother of invention.

GM and Chrysler: Why's Bankruptcy So Expensive?

let the BIG THREE face the law of the land in the long run it will make them better companies. In the BIG BOOK it says that money is the route of all evil and now look at what it has caused all man kind, people are losing there homes little ones have no roof or food to eat, and lose of jobs and old folks have no more retirement left that they worked so hard to make, the government sends money to countries that could give a dam about us, the banks dont give a dam about us, CEO dont give a dam if you lose your home because there going to turn around and sell it for way less then you paid for it, BECAUSE THEY GOT THERE BAILOUT FROM YOU AND ME THE TAXS PAYERS. AND NOW THERE GOING TO TAKE YOUR HOME AND YOUR CAR AND ANYTHING THEY CAN GET FROM YOU.

WHEN IS AMERICA GOING TO WAKE UP AND SMELL THE SHIT.

Did the Fed Miss the Housing Decline?

Your right they all need to answer to the American people, the stock market works like are government dose like blowing smoke up are A**'S, its time to turn the tables and start being the public and not the government servant's.


On Feb 12 06:06 AM nobodyintexas wrote:

> My hat is off to Ira I think he is to the point too many of our government
> and non governmental groups are just not working or at least seem
> to make things say what they want. Time to answer to the American
> people, not King Bush

Five Criteria for Timing the Market Bottom

OK the depression was bad for all coming people. Now the 70's and the 80's where there any home foreclosure like it has been know, as far as I can remember there was no news of anyone losing there homes like to day.
So you know where headed down hill real fast to the wrist depression that man kind has ever seen, and there nothing the government can do to stop it other then keep blowing smoke up are a**.
Look at the stock market cant stables, the more the government prints more money the less the dollar is worth, its like the more you make of one thing the price drops,it kinda like coming sense, or open your eyes or smile the roses.

Fannie, Freddie and Multi-Family REITs Part II

Pull your money out of the banks and the market before you lose it, because it coming..check out the website see how its figured out.

Profit from the Housing Mess with ETFs

By the way check the website out

Profit from the Housing Mess with ETFs

There is no light at the end of this tunnel, for along time the wrist is yet to come where headed for the big D,fare bigger then the 30's, no one has any money to spend so hang on to what and you also should take it out of your bank and put it some where you know its safe from the government.

How to Fix eBay

You know eBay dose not back there sellers or listing to the feed back to what there sellers have to say. Buyers can leave negative feed back on a seller, but a seller cant leave negative on a buyer, and there charging there sellers to much in fee's

Fed Needs to Stop Approving (Goofy) Bank Holding Companies

GMAC MORTGAGE CO, should have never been allowed to become a bank holding company, because they never meet the fed regulation requirement's. they should have been allowed to file bankrupt's along with GM,because it would have not cost the taxes payers any money. so that way they could have learned something in life, you make bad dealing's so you learn from your mistakes and move on. We don't owe them a dam thing. And I'm sure there are some of you that think you do, I myself know that I don't..

$5k Vouchers for Car Purchases: Utter Nonsense

why doesn't the government and the big 3 just give each one of us $ 10.000 in cash vouchers, that sure would kick start the economy.

Is Foreclosure the Solution?

I agree 100% there these people, like the renter thinks it a joke about some one lousing there home, a home is more of a responsibility then paying rent in a parking garage space, that's not being dispensable. not to put you down. you may lose your job hope you don't, hope you don't get sick. time will come and it looks like it coming fast, if your renting you can always move in with your parents. because you have not taken the responsibility to become a home owner. thank you


On Feb 04 08:29 AM John Preston wrote:

> First, in some future academic study, by some lame, but famous economist,
> income to have eroded substantially or, been wiped out....
>
> they will study the impact of jobs/income on foreclosure...and the
> realtionship to foreclosure on jobs......
>
> Robert Shiller has studied the wealth effect of housing on the economy....10%
> housing wealth effect equates to +/-1% in consumption....maybe he
> will add the housing weath to job chapter next...
>
> Housing is down....jobs are down...income is down....spending is
> down....the next job lost may be yours......
>