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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: Jacob Snyder who wrote (39811)9/12/2008 12:18:38 AM
From: Jacob Snyder  Read Replies (1) of 217639
 
Buffett on Freddie/Fannie: "If housing falls off another 15 or 20%, they're going to lose some real money" on the bailout. (The "they" means "the government," which actually means, "you"). "It could get into the hundreds of billions," he said. online.wsj.com

What's another few hundred billion, when we already owe trillions? The Chinese will save, and lend to us forever, won't they?
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