Just wondering what every one thought about this . Options

[Blitz]

If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.

With Enron, you would have $16.50 left of the original $1000.

With WorldCom, you would have less than $5.00 left.

If you had purchased $1000.00 of Delta Air Lines stock you would have $49.00 left.

If you had purchased United Airlines, you would have nothing left.

But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund you would have $214.00.

Based on the above, the best current investment advice is to drink heavily and recycle.

This is called the 401-Keg Plan

[HammaTime]

TERRIFIC POST!!!!

[UNDEAD 1]

this coming from the same person as before,i found this interesting .



Scroll down to around paragraph 15 to read the Presidents remarks at HUD in 2002. This is a small excerpt from the White House release the same day as the speach. June 18, 2002.Betsy http://www.whitehouse.gov/news/releases/20...20020618-1.htmlWe are here in Washington, D.C. to address problems. So I've set this goal for the country. We want 5.5 million more homeowners by 2010 -- million more minority homeowners by 2010. (Applause.) Five-and-a-half million families by 2010 will own a home. That is our goal. It is a realistic goal. But it's going to mean we're going to have to work hard to achieve the goal, all of us. And by all of us, I mean not only the federal government, but the private sector, as well.

And so I want to, one, encourage you to do everything you can to work in a realistic, smart way to get this done. I repeat, we're here for a reason. And part of the reason is to make this dream extend everywhere.

I'm going to do my part by setting the goal, by reminding people of the goal, by heralding the goal, and by calling people into action, both the federal level, state level, local level, and in the private sector. (Applause.)

And so what are the barriers that we can deal with here in Washington? Well, probably the single barrier to first-time homeownership is high down payments. People take a look at the down payment, they say that's too high, I'm not buying. They may have the desire to buy, but they don't have the wherewithal to handle the down payment. We can deal with that. And so I've asked Congress to fully fund an American Dream down payment fund which will help a low-income family to qualify to buy, to buy. (Applause.)

Much more to read here folks.

http://www.hud.gov/news/speeches/presremarks.cfm August 31, 2007 White House Press release regarding sub prime. Bush and Paulsonhttp://www.whitehouse.gov/news/releases/20...20070831-5.html October 15, 2002 Speach at George Washington University about minority home ownershiphttp://www.whitehouse.gov/news/releases/20...20021015-7.html I have to leave now. You may want to google from 2002 thru today. If you remember the savings and loan debacle, you may want to google The Keating Five.

[UNDEAD 1]

http://www.newsdaily.com/stories/tre48q2wi...ngress-funding/

[HammaTime]

I sure hope credit eases so people can actually buy the cars that Detroit produces...

[Jerry Lewis]

seriously!

Lol that's a great idea, you can forget about all these problems and enjoy a good return on your investment.

I wonder-when will the uptick rule be reinstated? Joe Kennedy, who new every trick in the book as a stock investor, wrote the rule book for FDR when Joe Sr. served as the first Chairman of the SEC. FDR was savvy enough to hire the fox to implement the federal government's effort to give Wall Street investors a level and fair playing field. Now, 70 years later, our cowboy prez and Chairman Cox decided the country didn't these

regulations any longer and it looks like 1929 all ver again.



JL

[UNDEAD 1]

http://news.yahoo.com/s/ap/20081006/ap_on_...meltdown_lehman

[Robert]

Dow down over 800 for the day.
As much as this will hurt, we can't borrow our way into a fix for our economic problems.

[tim]

I plan on protecting my money by investing in big bags of Marijuana.
It's proven to be a good money shelter in tough times.

*cough*
whats ur phone # and how close are you to 7-11?

[THE Mechanic]

I plan on protecting my money by investing in big bags of Marijuana.
It's proven to be a good money shelter in tough times.

*cough*
whats ur phone # and how close are you to 7-11?

"Tim" you've got "Robert" all wrong...

He's invested in Brownies..

You see they call that a HARD INVESTMENT!.

Unlike you Puffers out there..

He dose'nt wish to have his investment go up in smoke..

Sorta like the U.S.Dollar has in the last few weeks...

Man I got the munchies now...

Hey ,Robert I got another wheelbarow of green backs for ya..



"T.M."

[tim]

"Tim" you've got "Robert" all wrong...

rehab names... lmao