Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (7922)	2/12/2004 5:25:12 PM
From: yard_man	Read Replies (1) \| Respond to of 110194

don't forget zinc <g>

To: russwinter who wrote (7922)	2/12/2004 6:54:27 PM
From: Chispas	Read Replies (1) \| Respond to of 110194

Jim Sinclair - "Our Out of Touch Chairman" The time spent discussing the re-education of the work force to find new employment - which has been out-sourced to Asia - shows that the Federal Reserve lives in LaLa Land and its staff probably stays inside their oak paneled offices rather than walk outside and be exposed to plant furloughed employees considering their future. Re-education is an insult to the 40 year old and an economic death sentence to the 50 year old plant worker. How exactly does the 40 year old support his family during this period of re-education. Can you re-educate a 50 year old? This is another variety of the infamous instruction in France when Marie Antoinette was informed that the citizens where demanding bread to eat. What did she have to offer: "Let them eat cake." While our unemployed workers are being told not to worry because re-education will fix everything, look what is going on in the city of Brotherly Love, Philadelphia, according the Philadelphia Inquirer. "With a record number of Philadelphia homeowners unable to pay their mortgages, the City of Brotherly Love, city officials, the sheriff and advocacy groups are trying to convince a judge to suspend the city's foreclosure auctions. This is the worst time for foreclosures basically since the Great Depression, said John Dodds, director of the Philadelphia Unemployment Project, the group leading the moratorium drive. "You can't keep letting hundreds and hundreds of people lose their home every week." Philadelphia Sheriff John Green said he would participate in a lawsuit to suspend the auctions, which this week saw a record 1,120 homes up for bid." But the Chairman of the Federal Reserve said not to worry. We will re-educate these people and all will be well. Look at how good productivity is with fewer workers employed and the remaining all doing the jobs of those fired. Look at how good the US Job's number is with the wives and children of the unemployed going to work flipping hamburgers as their fathers and mothers run out of unemployment insurance and come off the list of unemployed. Prosperity is here! Buy stocks! "All hail OTC Derivatives." It's a mad world we live in!