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#1
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![]() Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 ![]() |
Since i don't see a topic for this. What do you all think of the bailouts going on right now?
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#2
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![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
Yeah I'm pretty much the same. There's not really enough definitive information for me to form any kind of real opinion on it. I.e. say they just let it go and these mortgage companies go completely tits up. What happens to all those mortgages?? Besides the obvious (the US Govt) what other entity or even large combination of entities has the assets to pick up $700,000,000,000 worth of mortgages? Some other government? Now that, to me, would be much scarier than our govt picking it up. I still just don't know though... I guess I can just pull a Lance and go buy a safe and start buying up gold & silver bullion (have actually been looking into that recently anyhow). And lots of .45 & .357 ammo
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Lo-Fi Version | Time is now: 19th September 2025 - 04:12 AM |