Because the financial world is "overly leveraged," psychologically and
materially inter-dependent and inter-dynamic

The "sub-prime" phenomena are alleged to be causing international
"insecurities" (all meanings).

FANNIE MAE and FREDDIE MAC loans are apparently being massively
defaulted, or perceived to be.

These former quasi-government though now separate model financial
institutions aren't supposed to be backing or investing into "sub-
prime" risk.

I therefore interpret their stock collapses in the past three days as
a dynamic of the overall fragile credit situation.

I certainly hope my pessimistic hypothesis, thesis or observation
stated here is amateurish, idiocy, hot air, and thus blullshite;
thouigh I did want to publicly post
my irrational/rational fear and observation of what's on-going.

Solutions?

On Nov 21, 10:15 am, Robert Cohen msn.com> wrote:

On Nov 22, 12:47 am, turtoni fastmail.net> wrote:

"Economic safeguards that didn't exist before the Great Depression"
always seemed to be little more than wishful thinking.

Nevertheless there isn't going to be any great disaster in the next
few months.

The real security in today's economy, at least short term, is the
internet and the real threat is peak oil / global warming somewhat
longer term.

The poor will just have to wait until cheap communications finishes
off what is left of the corp. media and their control of politics.

Bret Cahill

On Nov 23, 1:21 am, turtoni fastmail.net> wrote:

On Nov 23, 11:27 am, Robert Cohen msn.com> wrote:

It wasn't just propaganda on competing economic theories, although
that's always a factor.

The major problem here is the _definition_ of freedom has changed.

Everyone knows about mission creep in Iraq. What they don't know
about is "definition creep."

Back when we had a good economy "freedom" meant free speech for
everyone on vital economic issues.

Now "freedom" means free speech only on naked nazi flagburner parades,
"bong hits for Jesus" and other corp. media hyped nonsense.

Today entire en banc federal appellate courts are terrified of anyone
invoking the First Amendment for speech on economic issues. They flee
before a single sheet of paper. It's quite a spectacle in the land of
the free and home of the brave.

Our original definition of "freedom" somehow ended up in China.

Bret Cahill

On Nov 23, 4:31 pm, Bret Cahill aol.com> wrote:

On Nov 24, 6:31 am, Bret Cahill aol.com> wrote:

So whats stopping ewe now from saying what ewe want to say on ecnomic
issues Bwet that wasn't there before?

MG

On Nov 23, 11:27 am, Robert Cohen msn.com> wrote:

Judging by the minium wage? Sure, I guess the mill owner is doing
really well in China.

I imagine the minium wage is going to rise in china.. Damn those
slaves ;-)

I dont think you're thought this though..