View Single Post
Old 03-13-2008, 11:44 AM   #35 (permalink)
Kugbok_Fennin
Iran didn't do it!
 
Kugbok_Fennin's Avatar
 
Join Date: Dec 2002
Posts: 986
Not to pad Soriak's posts, but a bail out is coming. Just not on the scale most would expect should a bailout happen. Of course not everyone is going to be bailed out. All but a few of the big houses will be left to fend off the wolves. so to speak. At which you will have a handful of giant banks that only get bigger by gobbling up the assets of the recently failed banks. I suspect Wells Fargo, WaMu, and most of the mortgage companies will be no more in a short period of time.

Once that happens, your guess is as good as mine as to what will follow.

Scary times we live in here...Its not Fun making $3,500+ monthly after taxes and still living pay check to pay check. granted I live in So.Cal, but after Mortgage(supplemented by tenants), my apt. rent, bills, food, insurance, etc...I have little money left over for anything else. What money I do save has been funneled into Gold, which hit an all-time high today over $1,000/ounce. Something is fundamentally wrong with that.

P.S. I <3 Dak, you probably know the "real score" in the game better than anyone else I have come across on this board.
__________________
Kugbok -Tichondrius
"I can only show you the door. You're the one that has to walk through it".
Eckolaker's MySpace
Kugbok_Fennin is offline   Reply With Quote

 
Uberguilds Network