Almost as if this entire thing is being staged.
Guess I don't trust government very much.
I wish I was smart enough to know — but this entire “meltdown” or “crisis” seems kinda phony to me.
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Me Too...
OK ,, you went into legal agreements with someone else ,, those contracts look very much like insurance contracts but don’t require that you have a compelling interest in the underlying product (unlike life insurance where the persons life must affect you through blood or business) ... the vast majority of these contracts are really nothing more than bets ... and you have no guarantee through regulations that the bookie has the money on-hand to pay off... OK THEN ... I say place an arbitrary settlement date of 01/01/2009 on all these bets,, settle all of them you can and nullify the rest ... the people creating all these legally suspect $$$$ out of thin air should be happy that they aren’t going to jail or a firing squad..
Could the continued crimp in the credit market after the infusion of so many $ trillions have something to do with our skepticism that anybody has a clue what to do?