Wednesday, October 12, 2011 5:50:21 PM
POINT A is bankruptcy court- Where we are now, and it's pretty simple math on what the recovery can be.
POINT B is District Court- It's where all the big $ will be, but in order to get there, we have to get rid of the GSA because it strictly states in there, and im paraphrasing, that there will be no district court, they get released from that. There is no Point B until Point A is passed.
While Im sure that the With Catz crowd has thought about scenarios on what and IF will happen when we move from Point A to Point B, they don't let their minds get there until it actually does, so they speak in the moment. Where many of the other crowd who are looking for big $$$ operate, is they automatically assume that we will be moving from Point A to Point B, and it's just a matter of time.
Neither side is either right or wrong, this is all speculation but clearly educated guesses can be made. And both sides are all lying if they say they haven't run all the scenarios. And that is why many people say, risk accordingly to what level you want to take on.
In a nutshell, owning Washington Mutual commons is like banging some skank without a condom on. Hey, you might not need it and be fine with it if you want to be reckless. You may also catch a disease and lose everything. Let's just hope for all of our sakes, that at the end of the day we are in a clean whorehouse and can have as much fun as we want. I think that is what everyone wants and has as the same goal, but the philosophies of how we get there are up for grabs and must follow a process based on what you believe.
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