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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (67868)8/10/2006 8:29:42 AM
From: jim black  Read Replies (1) of 110194
 
Tired of this crap, huh? My Mom is on SS and her COLA was 3.3% last year but her gasoline was up & drugs were up, and food was up and clothes were up, best guess form last years bills which she keeps meticulous records for, 13%!!!...so you go ahead and BE tired of this crap and keep your money in CDs that pay , what, 4.4 % like the last one I was quoted from BofA, and then you get taxed on that, and M3 is last count up about 11 trillion, and we have upwards of 4 times GDP in debt over our collective heads, and we have 75 million baby boomers retiring starting 2013, and NONE of them are going to really expect what they were promised, and their average savings is less than 50k, and you go ahead and buy your S&P and your DOW , oh my!! Dow is at 11,000 wow, golly gee whiz, but that dollar you were SOO glad to have in 2000 when last it was around 11,000 has lost 25% of its value in 6 years, these numbers form Federal Reserve sites...enjoy you riches in this screwed up political system, yeah, and never mind Federal Reserve Bank sites give number of 50% the amount the dollar lost on Greensputin's watch, hey , that is nothing but a piece of cake!...my Plymouth Barracuda convertible cost 2744 in 1967 and now I'd pay 30k for it, but I DO get way more for the money, now that you think of it, well worth 10 times the worth...bullshit...keep your dollars and enjoy going broke on them...never quit working and never save, and never never go onto a fixed income like my Mom
I am so withered by your relentless searing acutely stunning logic...can you add?
Jim black
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