Yeah, sorry about that. But I made the same mistake too although I've now corrected that.
Mort Zuckerman just made one of the major points that I've been making about this bailout. Namely that We the People are going to get raped in this deal.
Houses are already sitting out there empty and rotting and being stripped of their fixtures and even copper wire as we speak. This is in no way reflected yet in the "value" of these mortgage defaults we'll be taking on, not to mention that housing prices will continue down probably another 20% before this is over...if we're LUCKY.
When this becomes apparent in a few months and concensus is that this wasn't enough and didn't really work as it was supposed to, the printing presses will have to be revved up again...that might be the time buy back in to precious metals, but with the Euro failing making the USD look good by default this situation becomes orders of magnitude more complex than any other situations we've ever faced before.
We're headed for harder times across the globe even if this bill does pass and "works" freeing up the credit markets...which by the way seems to me to only be enabling another round of the same idiotic behavior.
McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!
