Good Morning Gene !
Ya, Made A Little Doe Off Of The Most
Obvious Investment Opportunity To Hit
The Financial Markets In About 80 Years
Saw It All Coming About 5 Years Ago
When The RE Asset Value Started To
Shoot Up Over 60% Of True Values ,
And The Poor Masses Got Sucked Into
Chasing It With The Help Of Low Rates
And The Lure Of Greedy Cunning Lenders ,
While The Government Turned A Blind Eye
And Then Finally Saw It Breaking Down
About A Year And A Half Ago When The
Sub-Prime Mess Started Hitting The Media ,
And Then A Couple Of Months Later When
The Fed Finally Started To Slowly Actually
Admit It Publicly . . . And Now It's All This
Now The RE Values Are In Danger To Drop
Perhaps As Much As 60% Below What The
Normal Values Should Be, As Foreclosures
May Double Or Triple From The Current Stats
Of ~10M, Thus Forcing More Banks Out Of
Business Because People Can't Afford To Pay
Their Mort, As The Value Of Most Properties
Dive Into Oblivion, While The Wheels Of The
Economy Start To Seize With No Grease Left
From All Of These Lost Assets To Lube It
THE BAILOUT IS A BAD IDEA
( But It's All Just Part Of A Fifty Year Scam
To Destroy The United States Of America )
The Govt Should Offer To Adjust A Portion (~1/4)
Of The Average Mort To Lower The Payment So
People Can Continue To Survive And Still Afford
To Keep Their Property, Thus At The Same Time
Slowing Down Foreclosures That Will Help Prevent
A Domino Collapse In Values, Which Will In-Turn
Save Banks From Going Under While Then Keeping
Foreign Money From Coming In Like Vultures And
Stealing All This RE For Next To Nothing, Further
Grinding Our Economy Down To 3rd World Status
Caught A Few Bounces Here Already :
Amer Int Group: AIG
Wells Fargo: WFC
Lehman Bros: LEH
Freddie Mac: FRE
Fannie Mae: FNM
JP Morgan: JPM
Citigroup: C
UBS: UBS
And There's Many More To Come !
You Should Be Able To Turn
That $5 Million Easily Man
Go TriMark !