[TomasUSMC]

With the addition of credit cards, car loans and student loans the cost is doubled to 1.4 trillion. and the beat goes on.

KILL THE BULLSHEET BAILOUT

In 2002 we were down 36 percent AND we suffered a terrorist attack ON WALLSTREET.

Today we are down 24 percent. We are still stronger than we were after 9/11. We are still thousands of points higher than after 9/11.

This country has ridden through recessions many times, why should we lose our courage now, and surrender our freedom.
Wallstreet and a Recession are not worse than turning our country into a Socialist State.

Let this recession teach WALLSTREET a lesson with the best teacher =
.......... ................. ............ ..... PAIN.

[politicket]

With the addition of credit cards, car loans and student loans the cost is doubled to 1.4 trillion. and the beat goes on.

There have been an enormous number of Credit Default Swaps that have already gone bad. If they seek to go after bad debt they will be looking at $5 trillion to $8 trillion easily. These bets were extremely large.

[unique]

I posted this graph on another thread - Cox recently stated that Credit Default Swaps are now at $62 Trillion.

We may be toast.