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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (186067)	2/23/2009 6:28:16 PM
From: Tommaso	Read Replies (1) \| Respond to of 306849

RE: Charities I think it's hard to go wrong with the Salvation Army, though George Orwell would have violently disagreed. But his experience was with the British version. Dealing with some nonprofits can lead to rage. Maybe the most absurd thing I ran into was that years ago I became a life member of a Friends of a Library organization. Over the years (many) the free annual dinner that life membership included became more and more valuable, rising from $10 to over $50. At that level I was getting a 10% annual return on my life membership, and someone actually began to worry if they should report this as income to the IRS. Next thing they would have taken out withholding on my free dinner!

To: patron_anejo_por_favor who wrote (186067)	2/23/2009 7:13:56 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 306849

What else is there to say? The last time we were here it was May of 1997. Ten full years of market gains are gone. Evaporated. Finished. Confidence is absolutely destroyed. The government, which is an 80% owner of AIG, failed to warn prior to the company claiming that it will report a $60 billion loss next week and if it doesn't get more government money by Monday it will file for bankruptcy. This aborted a nascent rally off the lows and shoved us to NEW lows - the closing lows. Folks, this is the government. It is not an "ordinary correction." It is the intentional hiding of losses and the truth from the American people along with investors worldwide. These acts are pure evil; they are premeditated, intentional, and have destroyed confidence, and unless the government stops this right now we are going to be seeing the DOW at 3,000 before the end of the year, the S&P will lose 50% or more of its remaining value (yes, that means the S&P will trade near 350 - or worse), 20% of the S&P 500 will go bankrupt and 20% of America will be unemployed. It is that simple. Your 201k that was a 401k is headed for a 51k. Thank our President and his administration. He promised change. We didn't get it, and the market called his bluff. market-ticker.org