The Down Range Forum

Member Section => Down Range Cafe => Topic started by: palmbay lou on March 11, 2009, 09:43:20 PM

Title: Something for the tin foil folks
Post by: palmbay lou on March 11, 2009, 09:43:20 PM

I regularly listen to Thesurvivalistpodcast.com where a guy named Jack speaks about what's on his mind.  Last Monday he posted a message that I thought was right on with what is going on with the financial market and what could possibly take place in the near future.  How our economy got to where it is and what things to watch out for and how to protect ourselves from getting sucked in to the whole bad scene.  I strongly suggest listening and please reply with your thoughts and opinions.

palmbay lou

http://www.thesurvivalpodcast.com/recovery-equals-inflation

Title: Re: Something for the tin foil folks
Post by: 2HOW on March 12, 2009, 09:41:23 AM

He seems to be on track with other bloggers.

Title: Re: Something for the tin foil folks
Post by: tombogan03884 on March 12, 2009, 11:43:26 AM

Finance and economics are not my strong subjects but what he said about the bailout money going into "the hole" and being gone makes sense.

Title: Re: Something for the tin foil folks
Post by: tumblebug on March 12, 2009, 12:53:39 PM

 :-X :-X :-X :-X :-X

Title: Re: Something for the tin foil folks
Post by: twyacht on March 12, 2009, 03:53:17 PM

Sounds like he and others, including a segment of the population that pay attention, see this BHO plan for what it is.

P.S. the policies the gov't put in place that all financial institutions HAD to adhere to, contributed.

The Community Housing Act, signed by another fiscal "genius" Jimmy Carter, started a lending pattern to people that could never pay the note.

Than Slick Willy Clinton, reinforced the CHA during his term and the cycle was complete.

It was like the Titanic, eventually enough water came in, and down she went......