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shockhazard's Blog

by shockhazard from chesterfield

Last Post 9 days, 20 hours Ago


Don't believe all of this hype with the banks .

The only reason they want to bail them out , is so that you can't buy up this debt for fractions of the dollar .

This is what happened in the great depression . The rich got richer !

This is a great oppertunity for private investers to get rich !

If they are going to use your money anyway , use your own .

F!ck the government ! Use your brain [ what have you got to loose if they want to use your wallet anyway ? ]!

Buy low , sell high !

Give me a down side !

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Member Comments Total Comments: 3
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shockhazard read my blog view my photos
Sep 29, 2008 | 4:01 PM

BTW ! If they use your wallet , it has interest on it , if you use your money , there is no interest .
Lets get these C E O's fired , and put the money in our pockets .
If you have a 200,000 mortgadge , and they go under , you may only owe 20,000 .

Mikey66 read my blog view my photos
Sep 29, 2008 | 6:35 PM

I CAN HANDLE THAT

car7858 read my blog view my photos
Sep 29, 2008 | 7:03 PM

Did you see how the "suits" in the media & Wall Street are going frantic since the "bailout" was turned down? The banks have all the money already in the first place & why should America help bailout people that used poor judgement in home/car purchases, loans, etc? One can bet many are trying to get mortgages & loans now more than ever, hoping they can reap the benefits & Americans can foot the bill. If that bailout does happen, bet that credit will be handed out to everyone with an ink pen; Especially since the banks and Wall Street will have a golden parachute that protects their money but not the taxpayers. It's a one-way trip to a new-age Depression, not recession.

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shockhazard

I am an electrician , hunter , fisherman , gourmet cook , pilot , navigator , scuba diver , artist , inventer , musician , ballistics expert , karate instructor , magician , message therapist and elephant breeder . Just kidding about the elephant breeder .

Member Since: 10/7/2006