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I am already preparing for the coming disaster, so I am dumping all my stocks and investments by the end of this month. I am closing all my bank accounts and converting a lot of my assets to gold. I am hoping to be able to buy a home cash in this small town in NW Oklahoma by the end of this year, so that I will have a place to go when the crap hits the fan. With unemployment at 15%, and banks collapsing, living in a metro area will not be a very smart idea especially with crime and suicide rates skyrocketing. A shotgun, a pick up truck, God and plenty of food is really all I need, I will be watching you folks on TV.
Last edited by Repubocrat; 03-06-2009 at 08:33 AM..
I am already preparing for the coming disaster, so I am dumping all my stocks and investments by the end of this month. I am closing all my bank accounts and converting a lot of my assets to gold. I am hoping to be able to buy a home cash in this small town in NW Oklahoma by the end of this year, so that I will have a place to go when the crap hits the fan. With unemployment at 15%, and banks collapsing, living in a metro area will not be a very smart idea especially with crime and suicide rates skyrocketing. A shotgun, a pick up truck and plenty of food is really all I need, I will be watching you folks on TV.
Maybe you could set aside a little cash for psychiatric help too
Ah, yes - Obama's "depression". 'Cause we know the economy was in perfect condition when Bush left office Apparently you don't understand who created the mess we're in, and who's cleaning it up. And it's not a mess that can be cleaned up in 2 months!
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,074,986 times
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Quote:
Originally Posted by denverian
Maybe you could set aside a little cash for psychiatric help too
Ah, yes - Obama's "depression". 'Cause we know the economy was in perfect condition when Bush left office Apparently you don't understand who created the mess we're in, and who's cleaning it up. And it's not a mess that can be cleaned up in 2 months!
I agree....these "type" people are now a dime a dozen...they were the same idiots screaming and wailing during Y2K etc etc etc....Where was their justified fear during GDumbya's rule?Total idiots.
Maybe you could set aside a little cash for psychiatric help too
Ah, yes - Obama's "depression". 'Cause we know the economy was in perfect condition when Bush left office Apparently you don't understand who created the mess we're in, and who's cleaning it up. And it's not a mess that can be cleaned up in 2 months!
At what point can we stop blaming Bush for it?
6 months?
1 year?
2 years?
10 years?
I just want to know. When are you going to give up on the argument, and realize that maybe Barry took a bad thing and made it a catastrophic issue with his 3 TRILLION dollar spending spree?
I just want to know. When are you going to give up on the argument, and realize that maybe Barry took a bad thing and made it a catastrophic issue with his 3 TRILLION dollar spending spree?
Thanks, but they just don't get it! They think the current situation is just a "recession" that will go away next year. These are the people that are going to be the most affected because they will be caught off guard still thinking that Obama will take of everything. Maybe it is time to wake up and realize that what is coming is the WORST financial crisis humanity has ever seen and this is not Y2K! Look at all the economic data that is available. Just last month, we had the WORST job loss in 60 years. Maybe I should not start as many threads about what is happening but living in denial is going to be catastrophic. I guess, I am just a nut and Obama will take care of everything. Wake up, people!
I just want to know. When are you going to give up on the argument, and realize that maybe Barry took a bad thing and made it a catastrophic issue with his 3 TRILLION dollar spending spree?
Obama says he inherited the 3 Trillion dollar debt, even though he spent the money on his watch. He also took a pass on ending the earmarks, saying they were "taking care of last year's business" as if he didn't have the choice to veto or go line by line and take out all the wasteful spending, as he pledged in his campaign. He'll continue to blame Bush, which is a small-minded thing to do. Every time the guy speaks he reminds us he inherited this mess. I have absolutely no respect for that tactic whatsoever. I'd have respect for him if he actually put his foot down on the wasteful spending and had open debates and the "transparency" he touted instead of flooding the American people with this spendulus, that omnibus, this and that---can't even keep up anymore with everything that's getting crammed down our throats, all because he keeps reminding us we're in "crisis." Now he's again talking about "crisis in the economy through healthcare" and how a person goes bankrupt every thirty seconds or loses a home due to healthcare debt. Way to bring up Americans, Obama, by scaring them to get your agendas rammed up their rears. False hope and loose change. Jimmy Carter brought the country to its knees, but at least he turned down the temperature of the White House and had the staff eating sandwiches as a show of shared sacrifice instead of flitting about and holding rock concerts and Weds night parties. Yeah..."I get it." Whatevah.
I just want to know. When are you going to give up on the argument, and realize that maybe Barry took a bad thing and made it a catastrophic issue with his 3 TRILLION dollar spending spree?
We can stop blaming Bush when the global credit derivatives "problem" has been vanquished and we're on an honest uptick. That's what Obama is TRYING to set the stage for.
Please understand he doesnt operate in a vacuum alone like a dictator.
Your last question has been answered resoundingly by actual economists and the IMF.
Your point of view is just so WRONG. If you only get your impressions of life from Fox and Rush you're going to be confused when you step out into the real world. But actually the real world is healthier in the long run. Maybe not as much fun.
To the OP - good, get out of the market. The sooner we get to the bottom of this bear market the better. One thing that's necessary to reach that is "investor capitulation" - abandonment of the market.
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Apparently you don't understand who created the mess we're in, and who's cleaning it up. And it's not a mess that can be cleaned up in 2 months!
