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FinancialAdvisor

09/29/08 10:55 PM

#25392 RE: QuickTrade #25389

QuickTrade - It's almost like a generational thing with the greedy class, some of them just can't handle the responsibility of being able to blow millions of dollars and do it more than once and continue to get away with it...

I studied the housing market tremendously leading up to this. Months before it was reported, I continuously told folks that it was set up to be the first year over year where the average home & condo prices across the country declined since the 'Great Depression.'

With much of the privately-owned Federal Reserve printing up trillions and funneling it to right and left wingmen such as Fannie Mac and Freddie Mae, they engineered greed. This was entirely orchestrated.

I think I might even have evidence that Alan Greenspan supported ARMs or Adjustible-Rate Mortgages!

Apparently CEO's & board execs are getting paid millions to destroy our country and economy. Wachovia Bank bought tons of bad subprime loans, then less than a few years later basically goes belly up and allows Citigroup to get into the banking business very cheap by buying them out.