California goes up in flames, the feds stand by and claim its to windy.

Watch , Wall Street goes up in flames and that same day the feds will throw money right into the epicenter of the fire, the investment company CEO's. The CEO's will come out smelling sweet, and like in crashes of the past, the people who actually owned the money the CEO's used to get rich on, will lose their asses. But it will praised as a wonderful thing by the feds.

A previously successful credit based system will eventually collapse under the weight of its historical circumstances and the excesses of credit which it is sucked into at the time of its greatest success. As the process of collapse unfolds one monetary store after another demolishes savers. If they hold notional long term obligations like pensions the underwriters fail. If they hold institutional debt the issuers fail. If they hold bank notes and the banks fail. It takes very few failures before the population starts to see risk in every credit based construct. Their faith in their institutions evaporates, and they become acutely aware of the dangers of anything intangible, and anything whose supply can relatively easily be expanded. This is when they begin to think obsessively about things whose supply is subject to some fundamental limit. It becomes possible to understand why gold re-materialises as the only good money in times of such great economic distress. During such a period the most valued asset is the one which is incorruptible, and because the scarcity of gold is almost uniquely beyond the power of men to change (and because it can be discreetly owned) it is gold which re-appears as the agent of wealth storage and transfer at the junctions between the much longer episodes of representative money.

Gold, Silver, Platinum, precious metals in general, something tangible to allow you to ride out the periods after a fiat currency collapses and a new fiat currency takes it's place. History ALWAYS repeats itself when it comes to money. Ignore this at your own peril.

A very nice gain to demsrnuts is .5%. So don't get too excited. It's sad how blind and uncaring these neo-con greedheads are.

I can still remember reading about how close Bush and Kenneth lay were. Kenny was all set for a cabinet position as I recall.

That George Bush sure has that integrity factor going doesn't he? Thanks for voting him in demsrnuts. He did a great job cracking down on Wall Street too. Now when you inflate your bottom line fraudulently you just say it was a "clerical" error. You just flash a spreadsheet with a dog bite out of it. Or maybe some coffee spilled on it, shrug your shoulders and look dumbfounded. Then the SEC absolves you of all responsibility and starts investigating Fido.

A fine example of the familiar five letter word: GREED!!!!

Sorry guys, my wife just got her 401K report, best quarter in 5 years..A VERY nice gain !!

And still the sheep line up to throw more money into "the markets". When will people accept that all of these bastards are lying through their teeth and hoping you don't notice what's really going on which is basically the old "Pump and Dump". They are still getting you to pump up the market before they do a dump and wipe out your investments before swooping in to buy up the remains. And the greedy fall for it EVER time. Madness!

I'm just worried about my 401K... that's next and I guess THAT's when everyone will take to the streets with torches.

Congratulations to George. He is doing to our economy what he did for the corporations he ran -- bankrupting it! When he was in business, after two bankruptcies, those bankrolling him saw the benefit of stripping him of power. Since we do not have a figurehead, however, we should strip him of his office. Sounds like a plan to me! After all, it's not fair that we allow him to keep his house when he is costing so many of us ours.

what goes up in artificially highs ,must come down ,but unfortunately comes down even harder then anyone could have imagine ,think 1920's didn't they call that decade the roaring twenties for nothing , then ahhhhh 1929 they didn't see it coming ,greed always has a price to pay

borrow and spend. borrow and spend. it's the new way.

Gee just three weeks ago the loss was predicted at half this amount. What do make of this? Oh someone broke a pencil and then it slipped and smudged a figure it turned a 9 into a six.

These investement firms lie for breakfast, lunch & dinner.

Boy that SEC sure is tough ain't it? What a watchdog.

I'm buying LossAvert Inc. this week. They specialize in disappearing ink.

If you watch the financial programs on tv the talk is all about putting your money in "emerging markets" over and over..which translates into ...its over for american companies, put your money into other countries.

Alan Greenspan saw it coming a mile away.

I wonder why he didn't tell anyone?

Oh I know why! He didn't see it until he removed his head from George Bush's ass.

Let's all look to Ben Bernanke now he'll give us the straight dope fer shure.

My impression of Bernanke...."Everything looks good!"

I wonder why it isn't illegal for companies to be off on their forecasts by a factor of 100%?

THE BOARD OF DORECTORS SURE HAVE BEEN CASHING OUT AT THAT COMPANY.

LOOK AT THE INSIDER TRADING. 200 BILLION TAKEN OUT IN STOCK OPTIONS PLUS SO FAR THIS YEAR.

Who gives a fuck. I have my own fish to fry; I lost a $5 bill last week. Can you help me look for it?