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To: QwikSand who wrote (11639)3/25/2006 1:55:27 PM
From: Lizzie Tudor  Respond to of 19790
 
well, we are on the cusp of a housing mega-bust so we can see if housing becomes an industry in decline for the next decade. I think we will correct in housing, could be severe, and bounce back. Which is what I thought would happen to tech in 2001 despite the stock losses. This lingering never ending bear, not just in tech stocks but in innovation and products these once great companies produce, really surprised me.



To: QwikSand who wrote (11639)3/25/2006 10:25:49 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 19790
 
It was Bernard Baruch, and it was the elevator operator in his building in New York.

It was not the fact of the stock option, but Congress outlawing Individuals from suing for Securities Fraud.

It was this bull shit about Enron, where may one friggin person Not the 100,000 criminals, is popped afterward to make people like you who didn't understand what happened in the first place, happy.

It was the elimination of Glass Stegall, which allows the Banks to do to the housing market what they and the brokers did to the stock market, without fear of law suit.

When ever a society says, let's let the government take care of us, they get what they deserve.

I could go into specific detail but by now you either understand what I am saying or it doesn't matter.