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.

[ Previous ] [ Next ]

Real Crash - August 2007

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.

Vote

Add To:

Subscribe to this blog

Email this post to a friend

Start your own blog

[ Link ]

Posted By: Howard - Category: No Category

Related Posts:

Relate This Post

Recent Posts:
      Global Cooling Shuffle
      California and Bad Health Care Plan
      Even the British Freakout over the Flu

[ Previous - Solar Power or What Else? Nukes ]

[ Next - Only 56 Made Money; Panic in the Hedges ]

Comments

1 Comments. [ Add A Comment ]

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!

[ Previous - Solar Power or What Else? Nukes ]

[ Next - Only 56 Made Money; Panic in the Hedges ]

Add A Comment

To create a fully formatted comment please click here.

CLICK HERE TO LOGIN | CLICK HERE TO REGISTER

Name or Orble Tag

Home Page (optional)

Comments

Notify me of replies

Notify extra people about this comment

Is this a private comment?

List the Email Addresses or Orble Tags of the people you would like to be notified about this comment

One per line max of 30

List the Email Addresses or Orble Tags of the people you would like to be notified about this private comment thread. Only the people in this list will be able to see or reply to your comment.

One per line max of 30

Your Name
(for the email going out to the above list, it can be different to your Orble Tag)

Your Email Address

(optional)

(required for reply notification)

Submit

July 2009

1 Posts

June 2009

10 Posts

May 2009

10 Posts