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Its going to happen. I don’t think God can save us from our stupidity. We’re a bunch of greedy fools who bought what we couldn’t afford.
I looked at S&P1500 charts of the last 9 months, all of them .. and saw many times the same huge upswing in ‘most’ stocks over last 4 months. Suggested is its the *** Devaluation of the Dollar *** .. I’m no expert – its just the first easy explanationn. Basically its upon the american people to kill the old capitalism, if not the old capitalists, and replace with system that serves us. The Federal Reserv must go before we get into the deepest shit possible (ww3, etc). Lets coin our own.
Real estate will go down more. I hope it will settle around 1997 levels. BUT the problem is with the US$ – maybe it will cost $1000 for a can of spam & $10000000000 for a house – pray this DOESN’t happen as savings will be wiped out!
It is crashing as of today. You are right after all
Ive been following the OTCSP newsletter and their analysis and picks have been right on for almost a year now.. definitely check it out and sign up at authoropen . com
If someone told me there’s no recession I would have laughed in his face. You’re much nicer than I am. Your comment “I don’t have time to hand out red pills to everyone” made me LOL.
it seems no one answers my concerns that the Fed is welcoming a low dollar so that we can start selling overseas as our goods become cheaper….
seems so brilliant, yet no one wants to talk about this.
Yes, if you have your wealth in US dollars you will be screwed in purchasing power, but those people exclude 90% of the people out there. seems like this is what the government is doing.
Sorry, but if I disclosure my mortgage company that would undermine my mortgage modification, and every Yahoo on here opposing it would be calling and harrassing them not to do it.
Just constantly calling them everyday checking on the modification status. It’s like the old saying goes, “the squeaky wheel gets the grease”. I was 2 months behind on payments so they knew I was hurting.
how did you get them to do that and who is your mortgage company ?
Vision Victory is your basic moron.
Vision Victory, I’m glad to hear a voice like yours which speaks the truth … especially about housing … priced not only must come down, they have no choice but to do so … and drastically.
Housing should have never become speculative … and we can now see juste how severe the correction must be, because the greedy people gambled and lost.
When you go get your car tuned up again, you can ask for the “D Special”.
The “talking heads” who provide us information (media, our corrupt government), have to lie about what’s really going on because if they don’t, more people will panic and start pulling the plug on the whole toxic pool.
Here in Southern Ca., it’s common to travel miles on a street – even down by the beach – where you’ll see leasing sign after leasing sign.
The economies toast … so, start learning how to grow your own food … it will be worth more then gold bricks.
$419k now worth half? Talk about bad timing…
All planned out by Jesuits. they crash there own companies. They don’t need them anymore! illuminat Freemason Jesuits have all the money they need. Macy’s is there’s. Star logos, pyramids,sun ect. are Illuminati companies. U.N treaty is goiny to wipe out Constitution! get food and some silver. and look into Yeshua!
Nice approach to this info. Your prespective is appreciated.
coultrane-
I’m glad you disagree with the quote from the 1963 movie Hud. We are on the same page. My point was that blind greed has always been here. If you have not seen the movie check out a small youtube clip:
watch?v=E1TOWhU7dik
From what you have said about morals & ethics I think you would really enjoy it. The whole movie is here:
watch?v=9gwzwPesec8
Crammer? Yikes! A fool and his money..
A lot of things were obvious to the critical observer since the mid 1990′s, even before that. What confounds us is how conditions stay suspended in status quo as they do. I felt the way you did 12 years ago, but what I didn’t know is how hidden forces keep incongruous circumstances from correcting themselves. Your predictions for housing prices look convincing for ten years down the road, but there are so many hidden influences which prevent the obvious from coming true, I’d bet against it.
2009 – We are the now the worlds biggest DEBTOR nation. Guess who our biggest creditor is? CHINA.
During this time therr was a consumer credit explosion. Bankers bought our “representatives” and basically engaged in OUTLANDISHLY PREDATORY PRACTICES that were designed to create DEBT SLAVES-see usury.
Our country is run by a Banking/Military industrial crime syndicate that seeks complete control of global resources and world governance.
A war of epic proportions is now looming…
You are flat wrong.
The citizens of this country were sold out by their “representatives.”
In 1980 the US was the worlds largest creditor nation. During that same year China was given Most Favored Nation trading status. From that time the US began running ENORMOUS trade deficits under global trade agreements.
Nafta, Gatt, Cafta, and a host of other special arrangements GUTTED the production capacity of our country.
Real wages and the overall power of our currency have plummeted since then.
The United States, France and Britain have presented “detailed evidence” to the U.N.’s nuclear watchdog that “Iran has been building a covert uranium enrichment facility,” President Obama said today. MUST SEE VIDEO!
msnbc.msn. com/id/21134540/vp/33018397#33018397
The war drums are beating, again. Iran has a lot of oil!
Meanwhile, militarized police are trying out their new crowd control toys on US citizens protesting the NWO in Pittsburgh.
jcwitness-
The quality of life has not gotten worse, you never had it. It was a mirage of debt. The average American home has doubled in size, new cars, granite counter tops, out to eat everyday. No kidding it takes a double income just to make the payments. Instead of blaming the government, try blaming Madison Avenue or better yet your spoiled, foolish selves.
You want to be a good patriot? Raise a family with love and live within your means.
Jesus, we have become nation of children.
Hey guys/girls, stock futures just turned negative. oil sliding again. Gold/silver taking it on the chin. Three days of Dow losses in a row? Have we reached the saturation point?
They’re now making the move for South America total dependency and no manufacturing…just like here. They’ve sent WAL-MART in to start their usual and the Chinese to encourage outsource manufacturing to China. Same ballgame and different continent for a total takeover. It’ not enough that they implode economies. They have to make them entirely dependent and captive too. I think they call that slavery….not sure. )
Death to Walmart!!!!