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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (104224)11/17/2011 8:06:07 PM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
Yes savers being screwed as we slowly help our too big too fail financial institutions slowly get back to health but I believe we are a bit over half way there so it will be all over by 2014-15...Then what?

Best way to get back at the banks is borrow as much as you can fixed for 30 years and buy distressed improved RE..Let the tenants pay off your mortgage. If the protestors on OWS (that have more time left than you or I) figured that out, they'd be heading to their Kindle or Nook and read a ton of creative RE books to benefit from the stupid excesses of our latest Gilded Age..



To: RetiredNow who wrote (104224)11/17/2011 11:53:01 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
But the blinders are on. No one wants to recognize how bad things are and how they are literally screwing the 99% out of our wealth to make the bankers whole.

Oh please......if you think its the banks that are the worst of the problem, I have a couple of bridges to sell you.

The whole capitalist system in this country is corrupted. Banks are the least of our problem.