10-02-2008, 04:26 AM
On pain of this subject being way off topic.... but I cant let it go.... I am a very analytical person and have been listening / reading for the real nuts and bolts facts from our leaders and political pundits.
All I hear is fear mongering, doublespeak, conjecture, and econobable (to coin a word) all to cover up the crimes (loan fraud) and mis management
How are we to gain an opinion without the facts? No one seems to have a clue, nor the courtesy to inform the citizenry. The fact banks haven't released (and haven't been forced to release) as to how much and whom is holding all this toxic paper worries me. Until they do I do not feel obligated to have an opinion, much less cough up the cash
I have been all cash for the last three years seeing this coming, preparing to get under the radar .... and I'm not in Washington privy to Paulson et all. Seems to me this is a last ditch 700 billion grab as they know the economy is done.
indict the bast...s, this is a result of a crime not a meltdown.
All I hear is fear mongering, doublespeak, conjecture, and econobable (to coin a word) all to cover up the crimes (loan fraud) and mis management
How are we to gain an opinion without the facts? No one seems to have a clue, nor the courtesy to inform the citizenry. The fact banks haven't released (and haven't been forced to release) as to how much and whom is holding all this toxic paper worries me. Until they do I do not feel obligated to have an opinion, much less cough up the cash
I have been all cash for the last three years seeing this coming, preparing to get under the radar .... and I'm not in Washington privy to Paulson et all. Seems to me this is a last ditch 700 billion grab as they know the economy is done.
indict the bast...s, this is a result of a crime not a meltdown.