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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (15513)	2/19/2009 1:17:21 AM
From: joearenagates	3 Recommendations Read Replies (2) of 50506

Slider, if you really believe in what you are promulgating here, why are you not making plans to buy a 100 acre estate in Paraguay, or some other modest alternative? Why not put all your assets in the Cayman Islands and live there instead of the midwest? I will really get worried once threads such as this show up on somebody's radar screen as subversive and it mysteriously disappears like a cyber-Jimmy Hoffa. While I do believe we are in a secular bear market that will not recover in our lifetime, and that China will emerge as the next economic superpower, I am not ready to relinquish the Great American Dream that I worked hard to achieve. I have most of my assets in triple A munis yielding over 5%. Is Obama going to let NYC and NY State go bankrupt? Have "they" figured out a way to steal my assets? Even during the Great Depression only 6% of munis defaulted. If that does occur and NY fails, this is not a world I want to live in anyway. And as Keynes so eloquently put it, "in the long run we are all dead." Why live your life planning on economic Armageddon? Thoughts?

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