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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (47800)3/25/2009 10:58:16 AM
From: THE ANT  Read Replies (3) | Respond to of 217700
 
I have been busy and no great insights.Got back from Key West on Monday and off to Brazil in 2 weeks.Work 80 hours a week when home.Bail out is a joke.Tax payers about to buy bags of excrement from the banks as they are told what is in the bags may have value someday.The government will store the unopened bags so no one can look inside and see its just poop.The worst banks will get to unload their crap to have a better chance to compete against the good banks that were conservative.All this is pay back to the banks from the corrupt politicians who owe them.The corruption in this country is sickening.The problem is that the issues are too complicated for the average American to understand.They would focus their energy and fight but do not know who to believe
The finance system created a Ponzi scheme that distorted all prices in the entire world.That is why similar houses in Brazil were selling at 10% of same houses in USA.Obama is trying to hold up the scheme.I dont think it can be done.I would like to get this over with so I can invest rather than gamble.For now am happy with most assets in Brazil but hope to buy a house in Lower Keys with government subsidized interest rates (to enjoy-not an investment)