Ravi
Diamond Member
From what I've been reading about this plan online, we are screwed. It seems that we are about to give 700 billion to a bunch of wall street companies that fucked up big time, with no oversight, and all we get in return are worthless pieces of worthless loans. I'm calling all of my Reps tomorrow and telling them I want them to say no to this plan. I may not agree with you on fixing the economy, but I honestly think what Bush is about to pull is dead wrong.You say it would result in a depression, but what do you base that on? I mean, NO ONE knows what would really happen.
I am fully prepared to handle this NOW. I'd rather get it over with, cleanse the excess, and start fresh. It may not even be as bad as the bankers are telling congress. I mean, congress has to be persuaded as always, right? They're not economists, they have no CLUE what may or may not happen. The only ones who have a CLUE, are the world's bankers. They've never exactly had our best interest at heart, have they?
There are many ways to protect yourself. God forbid you had to downgrade your lifestyle for a couple years.
One thing's for sure. I'll be setting myself up to profit from this REGARDLESS how it turns out.