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To: patron_anejo_por_favor who wrote (172535)	12/19/2008 9:53:34 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

“We’re far from out of this” financial crisis, said Joseph Mason, a Louisiana State University professor in Baton Rouge who previously worked at the Treasury’s Office of the Comptroller of the Currency. “It’s actually not hard to imagine a transition of power where Obama walks in on the tail end of a crisis” with no funds left in the rescue package. Wait until obama comes in and gets to open those secret books....oh my. bloomberg.com

To: patron_anejo_por_favor who wrote (172535)	12/19/2008 10:09:22 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

And, what is it that paulson sees? I wouldn't give it to him.

To: patron_anejo_por_favor who wrote (172535)	12/19/2008 12:33:03 PM
From: DebtBomb	Respond to of 306849

I just read through last January's posts....just for laughs mostly. Bernanke had pulled off that surprise 3/4 point cut, and they pulled off a rebate check hype job. Lot's of talk of recession which we now know was offical although not announced until almost a year later. Now....I think we're facing the collapse of 2009 and depression. There's no more 3/4 point cuts left. What are they going to do in January? After the x-mas sales are tallied up....and major chains go up in smoke, IMO. Unemployment is going to rocket up, IMO. The talk this january will likely be depression. The big "D". What are they going to do? Rebate checks again? Will it matter? Crash the dollar and hyperinflate? I think they already tried that. No more rate cuts here and the dollar knows it....but around the globe a different picture exists....lot's of rate cuts out there left....could create more dollar buying. We're getting heavy into the demographics bust. And worse into debt and deficits.