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alstry (< 20)

The Market Is A Fraud...Mortgages A Fraud...Now State Budgets



October 06, 2010 – Comments (2)

Calif. budget plan relies on accounting maneuvers

The lies keep getting bigger and BIGGER.....

It sucks to be rich these days.......everything is bankrupt and the only reason one is rich is because he/she is getting handouts or their investments are getting handouts.....

How long will the rich be able to be rich simply because of handouts.......without the not so rich realizing they should get massive handouts too.....

this is approaching a very interesting inflection point......concentric contraction.

2 Comments – Post Your Own

#1) On October 06, 2010 at 11:30 PM, sawchain (< 20) wrote:

And to think...where did all the personal wealth earned over the last 200 years go?  With every single parent working their asses off to make sure their children "had it better," you'd think we'd all be born with an amazing inheritance.

Not so.  Why is that?

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#2) On October 06, 2010 at 11:54 PM, alstry (< 20) wrote:

It is amazing what leverage can do.....both ways.

Now that everything is bankrupt....everything needs a bailout....but only few are getting most of it......

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