TIPPING POINT

[cottonpicken]

It is my feeling that a tipping point of understanding has been reached.

The finacial chaos has provided people to become more motivated to figure out what exactly is going on.

The moves,maybe starting tonight and at the latest right after the election,will be so drastic it will make your head spin.

Inflation hedged investments will soar.

[jensend]

do you foresee price controls on food? it's an essential product, many more consumers than producers and the option is probably politically palatable.

[jensend]

lots of questions - what's the real cost if they say $700 billion? could be 1.4 trillion, 2.1 or 2.8 or more. does the haste with which this is being done indicate a level of panic they are trying to hide? now paulson wants to cover foreign banks with exposure in the united states. this will either explode this week or the mess will be bigger when it blows up after the election.

[mustardman]

I just bet that people that voted for George 4 years ago thinking that George will keep us safe in these uncertain times , are now wishing they hadn't .

[mustardman]

Now they are getting a dose of -reverse socialism- as a taxpayer you will be expected to partake in a share of the losses but Not a share of the Profits....

[jensend]

most good capitalists know that the easiest way to make money is to take it from the government (taxpayer).

[cottonpicken]

I always seem to freak fixed income and savers peolpe out when i tell them they have lost half of their purchasing power in a couple of years.

Then i tell them their about to lose another half.

Then they tell me i dont know what i'm talking about.

Why people resist this info is beyond me.

[btjadenlepp]

It is quite hard to wrap one's head around.

[TOM4CWB]

C.P.
The US was in way worse problems financially after the Civil War... we are not jumping off a cliff...


OPEC and the ruskies are still making trillions... people still need and will pay for black oil.

[Fransisco]

jensen that is socialism, not Capitalism.

So-called businessmen or corporate welfare bums who are looking for help from Washington or Ottawa are not "capitalists".