Comments on: On the Credit Crisis and Rescue Plans http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html Exploring the trends driving small business Fri, 10 Feb 2012 04:39:28 +0000 hourly 1 http://wordpress.org/?v= By: Rose Anderson http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622677 Rose Anderson Mon, 06 Oct 2008 12:53:09 +0000 http://www.smallbiztrends.com/?p=3353#comment-622677 Hi Anita, I checked out your write up in blogs open forum about None of Us is an island and it's really true. Each one of us will serve a purpose for each other thus this is why "social" is in the vocabulary. We human beings are social and it is inevitable. Hi Anita,

I checked out your write up in blogs open forum about None of Us is an island and it’s really true. Each one of us will serve a purpose for each other thus this is why “social” is in the vocabulary. We human beings are social and it is inevitable.

]]> By: Martin Lindeskog http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622608 Martin Lindeskog Sun, 05 Oct 2008 00:00:45 +0000 http://www.smallbiztrends.com/?p=3353#comment-622608 David Fairley, I agree with your statement and your advice to invest in hard assets like gold and silver. I like wine, but I prefer to drink it as an antioxidant cure and tasty beverage together with food! :) I will check out the videos. I have read R.K.'s book. I have to put Barton Biggs book on my Amazon wish list. I recommend you to read James Turk's & John Rubino's book, The Collapse of the Dollar and How to Profit from it. I have a quote from the book on my blog post on the Federal home crisis. Click on "Martin Lindeskog" Says. David Fairley,

I agree with your statement and your advice to invest in hard assets like gold and silver. I like wine, but I prefer to drink it as an antioxidant cure and tasty beverage together with food! :)

I will check out the videos. I have read R.K.’s book. I have to put Barton Biggs book on my Amazon wish list. I recommend you to read James Turk’s & John Rubino’s book, The Collapse of the Dollar and How to Profit from it. I have a quote from the book on my blog post on the Federal home crisis. Click on “Martin Lindeskog” Says.

]]> By: David Fairley http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622605 David Fairley Sat, 04 Oct 2008 18:40:58 +0000 http://www.smallbiztrends.com/?p=3353#comment-622605 My last post didn't register? Anyway, this post is in response to the recent bailout that was voted - our corrupt congress added an extra $140B in earmarks - pure pork - to the already insanely inflated bailout number. This may have an illusionary impact of relief for a short period, but in affect our currency is going to head into the toilet because the private entity - The Fed - is printing money out of thin air effectively diluting our $ down to its true value - toilet paper. I would highly recommend that your readers transfer their cash into real tangible items while they still can - gold silver, sovereign homes & property, even food and wine!!! Pick up an ex wall streeter's book Barton Biggs latest book Wealth War and Wisom to get the same advice. Also consider Robert Kawasaki's - Rich Dad Poor Dad author -following videos on investing in precious metals and the value of cash. http://www.youtube.com/watch?v=oBDaznTov8g http://www.youtube.com/watch?v=0xXZLIzG5Mo http://www.youtube.com/watch?v=DBHTMaOTXiw&feature=related My last post didn’t register? Anyway, this post is in response to the recent bailout that was voted – our corrupt congress added an extra $140B in earmarks – pure pork – to the already insanely inflated bailout number. This may have an illusionary impact of relief for a short period, but in affect our currency is going to head into the toilet because the private entity – The Fed – is printing money out of thin air effectively diluting our $ down to its true value – toilet paper. I would highly recommend that your readers transfer their cash into real tangible items while they still can – gold silver, sovereign homes & property, even food and wine!!!
Pick up an ex wall streeter’s book Barton Biggs latest book Wealth War and Wisom to get the same advice. Also consider Robert Kawasaki’s – Rich Dad Poor Dad author -following videos on investing in precious metals and the value of cash.
http://www.youtube.com/watch?v=oBDaznTov8g

http://www.youtube.com/watch?v=0xXZLIzG5Mo

http://www.youtube.com/watch?v=DBHTMaOTXiw&feature=related

]]> By: websites for sale http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622604 websites for sale Sat, 04 Oct 2008 18:33:41 +0000 http://www.smallbiztrends.com/?p=3353#comment-622604 Anita, I am replying to this post after the newly revised and approved bailout - basically the corrupt politicians skinned the American public again adding an additional $140 B to the earlier bloated number for unrelated "pork". This cash infusion will only delay the inevitable meltdown and will only further accelerate a complete dilutiuon of the $ to it's true value - toilet paper with ink. I would recommend to most folks to trade in their soon to be worthless paper for real assets - sovereign home, gold and silver and even food. Just take a look at the history books to understand the path our corporatocracy has us on... david Anita,
I am replying to this post after the newly revised and approved bailout – basically the corrupt politicians skinned the American public again adding an additional $140 B to the earlier bloated number for unrelated “pork”.
This cash infusion will only delay the inevitable meltdown and will only further accelerate a complete dilutiuon of the $ to it’s true value – toilet paper with ink.
I would recommend to most folks to trade in their soon to be worthless paper for real assets – sovereign home, gold and silver and even food. Just take a look at the history books to understand the path our corporatocracy has us on…
david

]]> By: Arthur Bland http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622567 Arthur Bland Thu, 02 Oct 2008 06:45:45 +0000 http://www.smallbiztrends.com/?p=3353#comment-622567 Hi Anita, This crisis in US not just alarmed you as citizens of this powerful country but the whole world in on eye to this. I agree with Susan or shall I say to Nike - "Just do it"! Hi Anita,

This crisis in US not just alarmed you as citizens of this powerful country but the whole world in on eye to this. I agree with Susan or shall I say to Nike – “Just do it”!

]]> By: Susan Oakes http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622553 Susan Oakes Thu, 02 Oct 2008 00:41:49 +0000 http://www.smallbiztrends.com/?p=3353#comment-622553 As Nike says "just do it" because the alternative is a collapse affecting the world and this should be above politics. Even in Australia where our banks are strong and the economy is still okay our retirement funds, exports and share market are being affected. As Nike says “just do it” because the alternative is a collapse affecting the world and this should be above politics. Even in Australia where our banks are strong and the economy is still okay our retirement funds, exports and share market are being affected.

]]> By: Mejor Hosting http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622544 Mejor Hosting Wed, 01 Oct 2008 22:20:54 +0000 http://www.smallbiztrends.com/?p=3353#comment-622544 This crisis affects all the world not only USA, it increments oil prices and living costs. I hope as Anita that it doesn't get worse. Regards, Hardy This crisis affects all the world not only USA, it increments oil prices and living costs.

I hope as Anita that it doesn’t get worse.

Regards,

Hardy

]]> By: Martin Lindeskog http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622536 Martin Lindeskog Wed, 01 Oct 2008 18:28:14 +0000 http://www.smallbiztrends.com/?p=3353#comment-622536 Anita: Talking about house of cards, check out this illustration by John Cox: http://www.johncoxart.com/2008/09/the_intellectual_activist_cove.html Anita: Talking about house of cards, check out this illustration by John Cox: http://www.johncoxart.com/2008/09/the_intellectual_activist_cove.html

]]> By: Anita Campbell http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622535 Anita Campbell Wed, 01 Oct 2008 18:23:54 +0000 http://www.smallbiztrends.com/?p=3353#comment-622535 Hi Moise, yep, we are going to be dealing with the fallout for a long time to come. I just hope it doesn't get worse. Hedge Funds have been a house of cards .... Anita Hi Moise, yep, we are going to be dealing with the fallout for a long time to come. I just hope it doesn’t get worse.

Hedge Funds have been a house of cards ….

Anita

]]> By: Moise levi http://smallbiztrends.com/2008/10/on-the-credit-crisis-and-rescue-plans.html#comment-622532 Moise levi Wed, 01 Oct 2008 17:34:06 +0000 http://www.smallbiztrends.com/?p=3353#comment-622532 As an ex private Banker (20 years, Swiss Banks mainly) I can tell that mess is far from over. Banks are responsible for the "credit mess" ; but no one talks about "leverage" yet ... Meaning ? Banks incite Hedge Funds and forex traders to use high leverage ..... How about all those guaranteed funds sold by mst banks with Lehman as the issuer ? This mess is far from over ..... The fed needs to rate financial products sold to clients ..... As an ex private Banker (20 years, Swiss Banks mainly) I can tell that mess is far from over.
Banks are responsible for the “credit mess” ; but no one talks about “leverage” yet …
Meaning ? Banks incite Hedge Funds and forex traders to use high leverage …..
How about all those guaranteed funds sold by mst banks with Lehman as the issuer ?

This mess is far from over …..
The fed needs to rate financial products sold to clients …..

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