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Re: lowman post# 27282

Thursday, 07/09/2009 10:20:31 PM

Thursday, July 09, 2009 10:20:31 PM

Post# of 35633
I think that people are not investing. All that is in the market now are the sharks. Investors are paying their bills and are trying to get out of debt during this period. Once they do these banks are going to find out people will not be dealing with them. I think they know it is comming and are trying to get every nickle out of the american people. But they will rule the day. Last month they said the savings were at 7% I don't know what it is today. But prior to this American savings was 1% or less. People are working to pay off their houses during this time while money is so low interest. Because they know when the fan flys We will proably not even be able to aford food. But having their house paid for the government won't be able to take it away from them. All their releatives will proably be living with them though. That is if they can aford to pay taxes. There is a lot to come down the pike and untill Congress gets SEC doing their job and change some of these rules that these sharks have been living off the individual investor people are not going to put money in the market. It's sorta like if Iran kills everyone protesting who the hell are they going to have left to govern. Killed the goose that laid the golden egg.
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