Hedge funds are gambling, while production is crashing. The real estate bubble is over, and going down. New York City is beautiful, that's why I take pictures of it, but it's the belly of the beast.

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The Financial System Gone- Call off the War

August 28th 2007 03:41

That is right, call off the war. We have to deal with a collapsed economy and financial system. The real estate bubble and it's associated Mortgage Bacled Securities (MBS) crap is getting much worse. Time to call off the war. We really cannot afford the "luxury" of "getting the tourists" 10,000 miles away, because they "might come here".

The financial collapse has come here, wherever you are.

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Posted By: Howard - Category: No Category

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Comment by S.L.

August 30th 2007 16:22

The Political Brief

During the last global conflict, did we call it off because of financial difficulties? Did we pick up our marbles and come home when we suffered casualties? Did we win? That conflict was called World War Two, in case you'd forgotten. This War on Terror is no less serious. Do you honestly believe that we "caused" terrorism? It was happening for several years before we went to Iraq, in case you don't remember, Howard. If you think the terrorists won't come back here again, you haven't been paying attention to their own words and threats. You, living in New York, should recall September 11, 2001. We didn't cause that and running away from the terrorists won't keep them at bay now any more than it did during the 1990's. Terrorists are viciious animals. Showing fear and cowardice just encourages them to strike at us again. It was well proven during the Clinton years. Every time they attacked, he either ignored it or did something for show purposes only, with no substance. Our lack of response gave them the courage to stage and carry out 9/11. How much more encouraged would they be if we cut and run now? We're making progress with the "surge" and the terrorists are beginning to realize that we aren't the pushovers we once were. Would you really have us pull out while they're still able to attack us again? How much better off do you expect the economy to get after another devastating attack? Would a dirty bomb make us prosperous again? Would a few thousand more deaths from new bombings signal a new age of stock market solvency? Would the housing market improve if another city were destroyed? Come on, Howard... you can't really believe such foolishness!

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