[arete]

This seems like the 4th or 5th place I've read these warnings. So they are now being picked up by the mainstream press?

Kind of makes a person wonder what has sparked this sudden attention to the details by the press and air media, doesn't it?

Richard W.

[DeaconBenjamin]

Particularly as it is not entirely a new phenomenon. In the late 1970s I remember hearing about the Washington Post Board of Directors receiving bonuses reflecting the budgeted contribution to the Washington Post pension fund because Washington Post stock had performed so well, the expenditure was not deemed necessary. Evidently no consideration was given to the possibility that such paper gains might later be lost just as easily.

[imawit]

So now we now your colors !

Green (Cash is king) and gold.

[imawit]

Anybody check out the corporate bond market ?

Suppose GM & Ford made bond offerings in the 20% yield range ?

Would any one show up ?

This is one way of offsetting the cash need. Toss it into the future by a few decades. One added benefit is that bonds trump stock if you wound up having the wrong auto maker.

Cheez just think how many Cadilacs or Lincolns you might all of a sudden own.

[imawit]

Bonds ?

Of course don't let this stop you, get some Diamler and Toyota and Ferrari and Rolls bonds too. Like they say, not all eggs in one basket.

[STONEWALLS]

"Kind of makes a person wonder what has sparked this sudden attention to the details by the press and air media, doesn't it?"

perhaps it's because the members of the media are starting to feel a little cold wind blowing on the back of their own necks and thinking "...hmm, wonder what kind of shape MY pension fund is in?".....pension fund concerns take on a very personal dimension in a hurry....

Good luck to everybody!!

Stonewalls