Monday, July 14, 2008

Unwinding

I seems I can't get up in the morning without hearing more bad economic news on TV. Now Indy Mac insolvent. People wake up! There are to many negatives going on at the same time. Write your senators in Bold Italics if you have too. It would be wise to take half of your assets (cash) out and available. During the Great Depression people use to stuff their mattress with dough. It's going to end up each man for themselves pretty soon so it's prudent to do what you must to survive. When Fannie and Freddy holders of half of U.S. mortgages gets a govt. bailout you know the banks are next.

The Fed does not care about average citizen their interest lies with the investor (elite) and wall street banks. This country is run by Wall Street they've bought the congress and W is an oil man. How do you think you matter? This country has been in slow decline since the seventies. So let's review:

Housing Depression
High Gas
Credit Crunch
Bank Failures
Food Inflation
Home Price Inflation (CA, NY) especially
Unaffordible Health Care
Climbing Unemployment
Iraq

It's not a goverment for the people anymore. I hope you make your vote count in November cause this country is in peril.



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