Posted: Sat Aug 18, 2007 9:40 am
the middle class is being squeezed out of home ownership, and America is asleep at the wheel.
I ain't losing money the yen is at 110 now from 122 in just a week. That is a 12% increase on my savings.
The Fed opened the discount window by a half point today. All that really does though is stall the problem so what regional banks can borrow money from the Fed at lower rates then what loan it out to the public who still already owe loans? The US economy is screwed there is an easy way to fix it though. Stop the 950 Billion dollar war in Iraq! and the 30 Billion the Neocons just sent to Israel.
Jim Cramer should publically come out and support Ron Paul. For those of you losing money, pull it out of stock thy are still sinking and put it into gold. Also the Japanese Yen is on fire right now.
This was by desiign. MIke and I talked about what they would do last July.