I hope they choke on their wedding cake. ************************************************************************ On Wednesday, November 5th, Vote for Barack Obama
Right Wing Mike http://www.cafepress.com/rightwingmike --- On Mon, 9/29/08, Stephen Russell <[EMAIL PROTECTED]> wrote: > From: Stephen Russell <[EMAIL PROTECTED]> > Subject: Re: [OT] Watch this and get angry > To: "ProFox Email List" <[email protected]> > Date: Monday, September 29, 2008, 9:40 AM > On Sun, Sep 28, 2008 at 2:47 PM, Michael Madigan > <[EMAIL PROTECTED]> wrote: > > How the Wall Street Crisis could have been avoided. > > > > http://www.youtube.com/watch?v=_MGT_cSi7Rs > > > > > ************************************************************************ > ------------------------------------------------ > > The problem still is here. > > People have an opinion as to the VALUE of property, and > felt obligated > to step up to a higher lifestyle via Real Estate. Just > like the Dot > Gone bubble. > > People considered long term investments like buying and > selling short > term stocks. > > Now they don't want to PAY for a current asset that > will appreciate > slowly, so everyone wants to dump that purchase. > > Oh yeah they also could get in for < 1% ???? Come on! > This is why we > have a glut of repo homes out there. People had little > invested so > they dumped it and will take the "bad > credit/bankrupt" classification > for the short run. > > I am glad to see that there are stipulations to money in > this bail > out, and it will not just be a bailout for the investment > banker whose > last year bonus was in the 200,000 USD range. I am going > to a wedding > this weekend where two of those money whores are tyeing the > knot. I > may get some juicy insight to their present predicmundt. > > -- > Stephen Russell > Sr. Production Systems Programmer > Mimeo.com > Memphis TN > > 901.246-0159 > > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.

