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Road to recovery....

Discussion in 'Off Topic Threads' started by chuckles, Jan 1, 2009.

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  1. chuckles

    chuckles Member

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    Is America on the road to recovery now…???

    Now that the Fed and the Treasury is giving 750 Billion dollars to the Banks the Super Lenders and the Hedgies…..

    Now that the Fed is giving GM, Ford, Chrysler money for a bailout…

    Now that Obama assures us that he will end our Unemployment woes thru Infrastructure jobs…

    Now that all these Cash infusions have Stabilized our Credit System and Mortages are available again at Min Doc low rate loans…

    Now that the Sub Prime Mortage issue is over…

    Now that Obama tax cuts are on the way…

    It is reassuring to know that everything is going our way now…about time.

    On Topic, the price of lead is coming down, Factory Ammo is coming down at least at WalMarts...
    Shooting cost's are on the way down for 2009...

    Regards
     
  2. Tripod

    Tripod Well-Known Member

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    Iowa man!!
    Simple wasn't it?
     
  3. grnberetcj

    grnberetcj Active Member

    Joined:
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    Dontcha just love it when a good plan comes together????

    yeah..right!!!!!

    Curt
     
  4. BT-100dc

    BT-100dc Active Member

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    Time to start paying for it. Probably the only bright spot is that shot should come down for 2009. Your 401(k)'s certainly won't recover as we fail to address the mess that that destroyed our retirements, starting with Freddie & Fannie. It's been said many times you can't solve money problems with debt; i.e., you can't spend your way out of it. 2009 will be the start of gun control measurements forced upon all of us. Starting with the assault weapons ban as a springboard. This time next year, I'll bet we're worse off as a gun owner, but I've always been an optimist. Happy New Year. Darrell
     
  5. H82MIS

    H82MIS TS Member

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    ya'all ain't seen nothin yet,,,,,,

    I'm tryin to be optimistic in 09 buuuuuuuuuuuut,,,,
     
  6. nipper

    nipper TS Member

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    no , just wait a few more days till you see the retail sales report for december espically

    bill
     
  7. Bruce Em

    Bruce Em Member

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    The "other shoe" is credit cards; coming to a political theater near you...
     
  8. crusha

    crusha TS Member

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    First of all - who said the subprime mess is over? As long as there are still strapped people out there in "Plastic Swingset America" defaulting on their loans, it ain't over.

    Second - the U.S. still has about a bazillion more homes on the market than what there is a need for. It's going to take a lot of Mexicans to fill those "Vinyl Villages" up. This was always the real root problem, all along.

    Third - more ARM re-sets.

    Fourth - The "real" economy will still be shedding more jobs in 1st quarter '09, which means more defaults.

    Fifth - don't forget CREDIT CARDS. The first thing modern American families do when they get into trouble, is start running up the cards. The fallout takes a little longer, because it's unsecured & the banks have to "chase" the money awhile via various methods before finally writing it off. But think about all these families losing their homes - and ask yourself how much credit card debit is behind each one, that the banks haven't consigned to the Devil yet.


    We're getting ready for a Mass Orgasm when Obama is inaugurated in a few weeks...but don't consume the Kool Aid. He has no idea, and will only spend us farther into debt trying to make it look like he does.

    We're going to make a big batch of "Stone Soup," and your Grandkids will be bringing the carrots and potatoes to this one for a lonnggg time.
     
  9. H82MIS

    H82MIS TS Member

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    buzz,,maybe he won't be inaugurated,,,,,,

    there is still a slight chance he won't,,,,,,

    But I'm in that orgasm thingy,,,,,,
     
  10. crusha

    crusha TS Member

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    Well, 812, there would certainly be one heckuva "counter-orgasm" if he weren't inaugurated, for whatever reason. Thought of the idiot Veep would soon quash any joy...but it would be nice while it lasted.


    Can you imagine...the new incoming HUD secretary announces that the Fed. Gov't. is going to buy up a bazillion units of "distressed residential inventory" from the banks...to get them off the market & restore a price floor...then, dole the houses out to those "in need" at minimal rental cost...like a massive "Projects," dispersed all over America?


    Oh yes..."we need a new paradigm."
     
  11. Bocephas

    Bocephas Well-Known Member

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    Jesus Christ will not straighten out the mess we are in.

    But,one #ell of a lot of people think we got him going in the White House.

    Bo
     
  12. halfmile

    halfmile Well-Known Member

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    The waterfall of newly printed money without anything behind it is going to thin out the soup drastically.

    Welcome to the land of green toilet paper.

    HM
     
  13. mike moncilovich

    mike moncilovich TS Member

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    HOLD on! lead is up 12c. today oil is climbing, but yes the bankers and other loan sharks have been bailed-out and looks like wall st. too and screw main st...Mike
     
  14. Setterman

    Setterman Well-Known Member

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    Glenn Beck says once Obama's plan takes affect, the Market will bottom out at 5500.
     
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