World Turned upside down

[Bubblesitter]

More on the doomsday scenario

http://money.cnn.com/2008/07/09/news/companies/benner_fanniefreddie.fortune/index.htm?postversion=2008071108

[Bubblesitter]

Goes to show the power of an ill advised comments.

Investors in Fannie and Freddie are losing confidence at rapid pace. I hope this can stabilize.

http://www.businessweek.com/ap/financialnews/D91RNGJG0.htm?chan=top+news_top+news+index_top+story

[Bubblesitter]

Goes to show the power of an ill advised comments.

Investors in Fannie and Freddie are losing confidence at rapid pace. I hope this can stabilize.

http://www.businessweek.com/ap/financialnews/D91RNGJG0.htm?chan=top+news_top+news+index_top+story

[Bubblesitter]

Goes to show the power of an ill advised comments.

Investors in Fannie and Freddie are losing confidence at rapid pace. I hope this can stabilize.

http://www.businessweek.com/ap/financialnews/D91RNGJG0.htm?chan=top+news_top+news+index_top+story

[Bubblesitter]

Goes to show the power of an ill advised comments.

Investors in Fannie and Freddie are losing confidence at rapid pace. I hope this can stabilize.

http://www.businessweek.com/ap/financialnews/D91RNGJG0.htm?chan=top+news_top+news+index_top+story

[Bubblesitter]

Goes to show the power of an ill advised comments.

Investors in Fannie and Freddie are losing confidence at rapid pace. I hope this can stabilize.

http://www.businessweek.com/ap/financialnews/D91RNGJG0.htm?chan=top+news_top+news+index_top+story

[PadreBrian]

Dubya, ain’t helping. He always sends the wrong message.

[PadreBrian]

Dubya, ain’t helping. He always sends the wrong message.

[PadreBrian]

Dubya, ain’t helping. He always sends the wrong message.

[PadreBrian]

Dubya, ain’t helping. He always sends the wrong message.

[PadreBrian]

Dubya, ain’t helping. He always sends the wrong message.

[stockstradr]

kewp’s reply to this thread is pure genius, and kewp’s response is NOT overreacting.

Others have replied “Don’t worry. Be Happy!”

I agree with the “Be Happy!” part of that. I don’t agree about not worrying.

They said “Don’t worry about the stock market. Be happy.”

But they saw their retirement portfolios tank as the markets have already fallen 22%. Was it smart to “not worry” and not take precautions?

“Don’t worry. Be happy!”

I work for a huge multinational. Last week the building in which I work had hundreds of employees not worrying, just being happy little worker bees.

SEVENTY-FIVE PERCENT of them were laid off YESTERDAY with zero notice. I saw nearly every person within sight of me packing up the personal belongings in their cube and get walked out the door.

Me? I worried six months ago as I looked at the division in which I worked and saw it wasn’t adding value, and was due for a layoff. I got out. I didn’t get laid off yesterday. I worried. I took precautions.

“Be Happy. Don’t worry about Fannie and Freddie”
Are you JOKING?
I’m buying more and more GOLD. An economic DEPRESSION is absolutely not out of the question. Kewp is right on track. Hey, I bought a bike and a backpack I can use to carry my laptop so I ride the bike to the light rail and use mass transit to get to work.

Live in CA? “Don’t worry about earthquakes. Be happy!”

I have earthquake sensors in three separate locations, on all axes, in our home. When our washing machine goes on spin cycle, the alarms on all those sensors go off. That’s how sensitive they are. We never park both cars inside the garage, which has the second floor of our house above it to crash down upon our cars in an earthquake. We have earthquake insurance. We have backpacks (containing the essentials) near the front door, so we can grab them as we run out of the house in the middle of the night and stand in the street watching our home crash down upon everything we own. But we’ll still have essential personal belongings and at least one working car. We have our essential documents, including a massive hard drive with all our photos and soft copies of key documents all kept in a safety deposit box. We worry. We prepare. A massive earthquake in the Bay Area is inevitable.

I could go on and on.

Our strategy is to WORRY, then FULLY PREPARE, take needed precautions, then don’t worry and be happy knowing you’ve prepared.

What am I most worried about?

All signs indicate the Lunatic in the White House is conspiring with the Israelis to have them attack Iran, so the USA has an excuse to get into a war with Iran. That would take us within a few steps of world war. That scares the hell out of me. I anticipate Israel will attack Iran, and the USA will then be at war in Iraq, Iran, and Afghanistan. Oil prices will sail above $200/bbl, and all hell will break loose.

[stockstradr]

kewp’s reply to this thread is pure genius, and kewp’s response is NOT overreacting.

Others have replied “Don’t worry. Be Happy!”

I agree with the “Be Happy!” part of that. I don’t agree about not worrying.

They said “Don’t worry about the stock market. Be happy.”

But they saw their retirement portfolios tank as the markets have already fallen 22%. Was it smart to “not worry” and not take precautions?

“Don’t worry. Be happy!”

I work for a huge multinational. Last week the building in which I work had hundreds of employees not worrying, just being happy little worker bees.

SEVENTY-FIVE PERCENT of them were laid off YESTERDAY with zero notice. I saw nearly every person within sight of me packing up the personal belongings in their cube and get walked out the door.

Me? I worried six months ago as I looked at the division in which I worked and saw it wasn’t adding value, and was due for a layoff. I got out. I didn’t get laid off yesterday. I worried. I took precautions.

“Be Happy. Don’t worry about Fannie and Freddie”
Are you JOKING?
I’m buying more and more GOLD. An economic DEPRESSION is absolutely not out of the question. Kewp is right on track. Hey, I bought a bike and a backpack I can use to carry my laptop so I ride the bike to the light rail and use mass transit to get to work.

Live in CA? “Don’t worry about earthquakes. Be happy!”

I have earthquake sensors in three separate locations, on all axes, in our home. When our washing machine goes on spin cycle, the alarms on all those sensors go off. That’s how sensitive they are. We never park both cars inside the garage, which has the second floor of our house above it to crash down upon our cars in an earthquake. We have earthquake insurance. We have backpacks (containing the essentials) near the front door, so we can grab them as we run out of the house in the middle of the night and stand in the street watching our home crash down upon everything we own. But we’ll still have essential personal belongings and at least one working car. We have our essential documents, including a massive hard drive with all our photos and soft copies of key documents all kept in a safety deposit box. We worry. We prepare. A massive earthquake in the Bay Area is inevitable.

I could go on and on.

Our strategy is to WORRY, then FULLY PREPARE, take needed precautions, then don’t worry and be happy knowing you’ve prepared.

What am I most worried about?

All signs indicate the Lunatic in the White House is conspiring with the Israelis to have them attack Iran, so the USA has an excuse to get into a war with Iran. That would take us within a few steps of world war. That scares the hell out of me. I anticipate Israel will attack Iran, and the USA will then be at war in Iraq, Iran, and Afghanistan. Oil prices will sail above $200/bbl, and all hell will break loose.

[stockstradr]

kewp’s reply to this thread is pure genius, and kewp’s response is NOT overreacting.

Others have replied “Don’t worry. Be Happy!”

I agree with the “Be Happy!” part of that. I don’t agree about not worrying.

They said “Don’t worry about the stock market. Be happy.”

But they saw their retirement portfolios tank as the markets have already fallen 22%. Was it smart to “not worry” and not take precautions?

“Don’t worry. Be happy!”

I work for a huge multinational. Last week the building in which I work had hundreds of employees not worrying, just being happy little worker bees.

SEVENTY-FIVE PERCENT of them were laid off YESTERDAY with zero notice. I saw nearly every person within sight of me packing up the personal belongings in their cube and get walked out the door.

Me? I worried six months ago as I looked at the division in which I worked and saw it wasn’t adding value, and was due for a layoff. I got out. I didn’t get laid off yesterday. I worried. I took precautions.

“Be Happy. Don’t worry about Fannie and Freddie”
Are you JOKING?
I’m buying more and more GOLD. An economic DEPRESSION is absolutely not out of the question. Kewp is right on track. Hey, I bought a bike and a backpack I can use to carry my laptop so I ride the bike to the light rail and use mass transit to get to work.

Live in CA? “Don’t worry about earthquakes. Be happy!”

I have earthquake sensors in three separate locations, on all axes, in our home. When our washing machine goes on spin cycle, the alarms on all those sensors go off. That’s how sensitive they are. We never park both cars inside the garage, which has the second floor of our house above it to crash down upon our cars in an earthquake. We have earthquake insurance. We have backpacks (containing the essentials) near the front door, so we can grab them as we run out of the house in the middle of the night and stand in the street watching our home crash down upon everything we own. But we’ll still have essential personal belongings and at least one working car. We have our essential documents, including a massive hard drive with all our photos and soft copies of key documents all kept in a safety deposit box. We worry. We prepare. A massive earthquake in the Bay Area is inevitable.

I could go on and on.

Our strategy is to WORRY, then FULLY PREPARE, take needed precautions, then don’t worry and be happy knowing you’ve prepared.

What am I most worried about?

All signs indicate the Lunatic in the White House is conspiring with the Israelis to have them attack Iran, so the USA has an excuse to get into a war with Iran. That would take us within a few steps of world war. That scares the hell out of me. I anticipate Israel will attack Iran, and the USA will then be at war in Iraq, Iran, and Afghanistan. Oil prices will sail above $200/bbl, and all hell will break loose.

[stockstradr]

kewp’s reply to this thread is pure genius, and kewp’s response is NOT overreacting.

Others have replied “Don’t worry. Be Happy!”

I agree with the “Be Happy!” part of that. I don’t agree about not worrying.

They said “Don’t worry about the stock market. Be happy.”

But they saw their retirement portfolios tank as the markets have already fallen 22%. Was it smart to “not worry” and not take precautions?

“Don’t worry. Be happy!”

I work for a huge multinational. Last week the building in which I work had hundreds of employees not worrying, just being happy little worker bees.

SEVENTY-FIVE PERCENT of them were laid off YESTERDAY with zero notice. I saw nearly every person within sight of me packing up the personal belongings in their cube and get walked out the door.

Me? I worried six months ago as I looked at the division in which I worked and saw it wasn’t adding value, and was due for a layoff. I got out. I didn’t get laid off yesterday. I worried. I took precautions.

“Be Happy. Don’t worry about Fannie and Freddie”
Are you JOKING?
I’m buying more and more GOLD. An economic DEPRESSION is absolutely not out of the question. Kewp is right on track. Hey, I bought a bike and a backpack I can use to carry my laptop so I ride the bike to the light rail and use mass transit to get to work.

Live in CA? “Don’t worry about earthquakes. Be happy!”

I have earthquake sensors in three separate locations, on all axes, in our home. When our washing machine goes on spin cycle, the alarms on all those sensors go off. That’s how sensitive they are. We never park both cars inside the garage, which has the second floor of our house above it to crash down upon our cars in an earthquake. We have earthquake insurance. We have backpacks (containing the essentials) near the front door, so we can grab them as we run out of the house in the middle of the night and stand in the street watching our home crash down upon everything we own. But we’ll still have essential personal belongings and at least one working car. We have our essential documents, including a massive hard drive with all our photos and soft copies of key documents all kept in a safety deposit box. We worry. We prepare. A massive earthquake in the Bay Area is inevitable.

I could go on and on.

Our strategy is to WORRY, then FULLY PREPARE, take needed precautions, then don’t worry and be happy knowing you’ve prepared.

What am I most worried about?

All signs indicate the Lunatic in the White House is conspiring with the Israelis to have them attack Iran, so the USA has an excuse to get into a war with Iran. That would take us within a few steps of world war. That scares the hell out of me. I anticipate Israel will attack Iran, and the USA will then be at war in Iraq, Iran, and Afghanistan. Oil prices will sail above $200/bbl, and all hell will break loose.

[Author]

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