I've always had an contingency plan if society breaks down. I take my sword collection, use the swords to help build simple tools and hunt til they wear out and live in a forest living off the land until I eventually Die of exposure.

If you guys have a better plan, I'd love to hear it.

No fear. We will rebound. Our country needs some real hope and a change in our government will be a start. Obama will bring spirits up if nothing else and we need it badly.

But maybe _some_ good will come of it. It might draw the world closer together to save our collective asses and make everyone a little less likely to start lobbing nukes at each other. There's just something about survival that makes angry ideologues a little more sober after having looked into the abyss.

Maybe this is the last gasp of an elderly economy that's too sick with greed to go on, but that it instructed its predecessor child economy well in its mistakes?

-Kerry O.

I just moved to Argentina.

argentina wont be too safe i dont think. hmmmmmm i say we move to the alps, or maybe just the appalachians? lol

Bush spoke again today.
Market dropped another 250 points and it is early.
The blood bath continues.

Over $8 Trillion lost in market this week.

City of Phoenix annouces today it is cutting $100 million from it's operating budget.

Nobody is shopping. Tax revenues are way down.

The end is near.

the end is near

what end is that

the end of..............

what end is it and does it meet the means

hhhmmmmmmmm

maybe some need to reevaluate what they can not live without

i think there is a thread about that somewhere

here it is

http://mingle2.com/topic/show/170342

REALITY CHECK...!!!
*The Dow is an artificial construct based on gambling. Money changers in the market place and all that.
* How many days of gains did it have to get to the artificial high it was forced to? More then seven days?
* 401K's aint actually lost a thing... (i.e your vested amounts are still there... The part you lost was that part based upon speculation in a gambling arena) they did not lose anything they just shed the uncertin gains made on the roll of the dice.
* GM mostly makes hydrocarbon burning vehicles... Who in their right mind is going to buy something they will have to pay for 5 years on that MUST be replaced within 5 to 10 years by alternative fuel vehicles. (waste some more why don'tca).
* Banks fail when the managers start gambling with the funds. (i.e a Bank should never be in the market)
* Fed has been in control of the banks from the day banks started accepting money based on air.
* The emergency meeting was called cause American Taxpayers through a monkey wrench in the works (We are paying more attention than they thought).

The money is real. The losses are real.
People put cash in their 401's that they could have taken in wage.
The money is invested in various mutual funds, stocks etc..
This money has vaporized and it will take many years to recover.

put they had it they chose to put it there

they knew it was a gamble

those that go to a casino and bet could have kept their wage they choose to risk there as well

Well let me see... What part of the US Dollar is real... It is held up by what?

It is based on what?
Although it has words on it about important things... Who's picture is on it?
Render unto and all that.

there ain't a darn thing real about our money... If they want it to be worth something they just change the rates... If they think your gettin to much with it... they just change the rates.

Mutual funds? Please... fixed games in a big casino... Stocks? These are the way a company builds itself by using other peoples monies... Big shell game. Watch how much you get back vs how much the executives take as the abandon ship.

You may yet become Canada South.


..........................................

http://www.financialpost.com/news/story.html?id=866377


In a desperate bid to help U.S. banks recapitalize, Washington is dropping its inhibitions and reaching out to Canadian financial institutions to gauge their willingness to participate in rescue operations.

The Federal Reserve has activated a back channel that puts the central bank in direct contact with chief executives at Canada's largest banks and insurers, according to a person familiar with the dialogue.

They are approaching "banks with major assets in the U.S. like [Toronto-Dominion Bank] and Royal [Bank of Canada], because when they have a bailout situation they want everyone who is a potential buyer to look at it," the source said.

The ongoing conversations between the U.S. central bank and Canadian executives reflects the challenge facing Washington as it seeks to address both short-term liquidity and permanent capital needs of financial institutions crippled by more than $500-billion in losses and limited access to financing.


Also heard on news last night that Canadian banks were the most stable globally.


http://www.canada.com/montrealgazette/news/story.html?id=bdaa4d08-2d25-4a52-bdd5-b06ee8cce311


Canada rated world's soundest bank system: survey
Rob Taylor, Reuters
Published: Thursday, October 09

CANBERRA - Canada has the world's soundest banking system, closely followed by Sweden, Luxembourg and Australia, a survey by the World Economic Forum has found as financial crisis and bank failures shake world markets.

But Britain, which once ranked in the top five, has slipped to 44th place behind El Salvador and Peru, after a 50 billion pound ($86.5 billion) pledge this week by the government to bolster bank balance sheets.

The United States, where some of Wall Street's biggest financial names have collapsed in recent weeks, rated only 40, just behind Germany at 39, and smaller states such as Barbados, Estonia and even Namibia, in southern Africa.



Want to vote for a PM instead of a Pres.? Just kidding.