> The price of silver is currently going absolutely parabolic, I wish ImperialExecutive was here to see it

https://housingpanic.blogspot.com/2007/ … on-in.html

Sound familiar?



Peahippo said...
Let me get this straight (as straight as a dancer's pole):

Some dull-normal pole dancer signed everything some suit-wearing con artists put in front of her, and now she's so loaded up with debt she has to bankrupt, and the suits get cashed out?

What's so unusual, here? That sounds just like what's happening (albeit slowly) with millions of people and their fund managers. Lots of people are going to find out that they won't have the retirement plans they had set their hearts on. Instead of using their hearts, they should have used their minds.

Fund-manager crooks are going to get off even MORE scot free than these mortgage-company crooks. Wall Street is making every move extant in order to setup their escape routes.

THAT is why I never put my money in anything more risky than a FDIC-insured CD since 1997. Those stereotypical anonymous posters will probably laugh at that, but I never saw my wealth disappear down the speculation hole in 2000 and now today. 3-5%, risk free? I'll take that. It may not keep up with inflation, but my voracious savings rate (unlike 90% of America) more than makes up for THAT. And, YES ... I save a lot of money by RENTING!

June 11, 2007 3:07 PM