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It is a roll of the dice mther fker. Will the Congress pass the bail out? If they don't you will get to know and live two words real well GREAT DEPRESSION. You will be all in. Porsches will be going for $0.05 on the USD.

Let us try 25% unemployment. Let us try a collapse of the USD. THe banks allready are about half gone so that is no surprise.

Better invest in Gold cause that is gona be the only thing that is gona be worth anything.

Sorry to say the US government probably will not survive.


If they pass the Bill well it buys you all some time. Maybe 6month maybe a year.

Today a RE analyst said housing in CA is down 40%, what were Prime loans are going to be downgraded to junk as the the homeowner in some areas are now down 60% from the high. (700k>275K). So the foreclosures are going to be massive....700B into another 3T is going to be a spit in the bucket.

Also the world is faltering 5 Euro Banks were bailed out over the weekend.

Quiet frankily I don't see a way out...I don't have a path that makes me whole?????


I really hate to say this, but I have been talking about a Great Depression since 2002...go back into the archives of this Board. I said it was going to be a crisis of liquidity...and sure enough here it is.

I was wrong about one thing, I thought it would be an act of terrorism that brought it about. However maybe 911 set the stage for this because of the low interest rate environment that was necessary to keep the system going. Our Greed did the rest.....

"I don't see anything great about a Depression" Nancy Pelosi