All Star Economic News

[mmayr]

It won't be a "bail out" of AIG with tonality speared in that sense. It was bad enough that Lehman Brothers went down, Bear Stearns . . .and Merrill Lynch got bought out. And the facts that Indy, Freddie and Fannie were bailed out smarts a bit. What most people don't understand is that if this system fails. . .it will need to be replaced with another one. It cannot fail right now or we're all up shit creek. I hope everyone understands what is going on in the markets right now because there has NEVER been a more important time in the market for those who are alive today. NEVER.

I get a little perturbed when the picture has been painted for so long and people just kept turning their heads. Amazing, absolutely amazing.

It's going to get worse before it gets better. But if you have a roof over your head and can afford to put food on your table. . .you're doing alright.

Peace,