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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (25687)	8/10/2007 12:13:59 PM
From: The Wharf	Read Replies (1) \| Respond to of 81108

I think it is more than sub prime Searle at least here as people withdrew equity from a house that is an entirely different area than sub prime but as the price of the house decreases so doee the equity. Equity loans are not limited to the US. I felt the lender problem would be contained to sub prime i do not feel that way anymore.

To: sea_urchin who wrote (25687)	8/11/2007 2:19:56 AM
From: Jamey	Read Replies (1) \| Respond to of 81108

We are now a nation that has been ran for too long by big money and elitism. The middle class was once the strength and backbone of the country. I see a definite split as we are becoming rich versus poor. The credit cards are maxed out, along with home equities. Now the FED, Wall Street and big banking can no longer depend on the citizenry to support their addiction to luxery and greed. Russia, Japan, Argentina and the Middle East are backing out on the $USD so all we can do is print money to buy our own bonds and treasury notes. Once the $USD no longer is required to buy oil we can start singing "turn out the lights the parties over." Unless some one starts pulling miracles out of the magicians hat we have no other recourse than to hyper inflate. Food and gas is already signaling it. Now wait until the banks start falling like dominoes. We don't really know just how bad things are going to get. Maybe Phil should start looking at the true financial picture in the USA. We are hated, despised and broke. No body likes war mongers and losers. Maybe shrub can find that 5 year promise for 1 trillion in deficit paybacks he promised in 2001. Right now, he's 3 trillion in the hole. I forecast major changes in the USA. It will be a different world by 2010, imo. By the way, read what Sinclair has posted on his web site. Very revealing about the importance of the liquitity injections the last two days. "History is being made yesterday and today. It may well not be over even in this time span. The actions of Thursday and Friday are greater even than the Bernanke Helicopter Drop in the two day time period. This event will reverberate through the world financial market for years to come. This is only an indication of what will happen as all this economic sin, instant gratification, profit at any cost economy begins to unwind in the form of the Over The Counter Derivative implosion. Be careful here." jsmineset.com Jim

To: sea_urchin who wrote (25687)	8/11/2007 11:36:28 PM
From: Jamey	Read Replies (1) \| Respond to of 81108

"Actually my late dad was there at the time as a post-graduate medical student. He had very little money but what he did have was not German and he told me he could live like a king. He kept a suitcaseful of the devalued money which he had when I was growing up -- notes with the value of millions and billions of marks which were actually worthless." I hope that you and your Dad had the opportunity to discuss all he did during that period of time before he passed away. My Dad laughingly said that he was in every German wine cellar and made good use of their alcohol. I have pictures of him swimming in the Rhine and many castles. I also have a picture of him wearing a Nazi SS officers uniform after the war. He was such a cutup but was a great guy. I, unfortunately talked very little with him about his exploits during the war. Jim