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

To: Galirayo who wrote (201917)	5/12/2009 8:37:00 PM
From: Bank Holding Company	Read Replies (1) \| Respond to of 306849

>> The trust funds -- which exist in paper form in a filing cabinet in Parkersburg, W.Va. -- are bonds that are backed by the government's "full faith and credit" but not by any actual assets. << Never fear. I'm sure the entire filing cabinet will burn in infamy if the need ever arises.

To: Galirayo who wrote (201917)	5/13/2009 12:24:49 AM
From: NOW	Respond to of 306849

amazing: more transfer of wealth

To: Galirayo who wrote (201917)	5/13/2009 1:10:48 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

>>The administration on Monday revised its federal deficit forecasts upward to project an imbalance this year of $1.84 trillion, four times last year's record, and said the deficits will remain above $500 billion every year over the next decade.<< and this assumes rosy scenario shows up. rosy scenario is bankrupt. get ready for a minimum of $1 trillion new money printed every year going forward - and I expect that number to go up fairly rapidly after a year or two. these idiots in washington have no restraint whatsoever. oh, and i bet obama is smiling and telling jokes even when unemployment and underemployment is approaching 25% and people are starving to death in the streets b/c crime won't even pay.