"I’ve never seen such a bunch of whiny doom and gloom propagandists. Betting against Americans has been a losing proposition for over 200 years, and it’s still a losing proposition."
Tell me what you make of this, my dear Saxxon.
Do you think the banks are solvent given the above data? That we're out of the woods and that the recession is coming to an end?
It's not that I'm betting against America, but America isn't done, yet. Until these toxic loans get worked through the system, we're still on unwieldy ground.
And lets not forget the impact of the new taxes coming round the bend in a couple of weeks. Also there are cap and trade, plus other regulations that are going to cripple some industries at best and outright kill others.
Gloom and Doom?? Betting against America. Saxxon should try dealing with reality. I agree with your data because I have seen them before. Saxxon is not doing the public a favor because wrong info will cause some people to invest what ever they have left in their 401k into the stock market when they should not be in it.