Sep 302008
 

Want to see how incredibly disconnected some advisor’s really are? Please watch this video, it will totally blow you away:

Hat tip to the fall of civilization. I can’t believe how that idiot kept spouting such incredible nonsense. A whole bunch of reasons why we are in so much trouble are covered in this segment. Idiots spouting absolutely useless advice and belief systems, and ignoring sound factual common sense.

Also worth reading to help keep everything in perspective, Chris Martenson (of “crash” collapse course) What the Latest Bail Plan Means

But the money being injected into the system now (with “no” bailout, don’t believe it, it already happened, you just weren’t being told about it) is here: Bank Borrowing From Fed Already Exceeded Bailout Total in Last Week

$188 billion per day on average over the course of five days means that the total amount borrowed from the Fed in the week ending the 24th September stood at $940 billion – a figure that easily eclipses the proposed $700 billion bailout.

 Posted by at 8:23 pm