[Homestead] Bailout for Insurance companies, now

Don Bowen don.bowen at earthlink.net
Fri Oct 24 19:56:10 EDT 2008


> Don , I don't know where that city is, but I certainly get the jest of
> your statement.  

I wonder if anyone caught that.  Here is a hint, remember the East Inn?  I
have been there but as a 21 y.o. sailor with a little experience.

> Do you think a billion freakin Chinese are going to say, "that's okay",
> when we finally say the truth that all of their money which was invested
> in our debt , is worthless.  

They are heavily invested in Freddie and Fannie and have expressed their
wants and desires which Paulson listened to and acted upon.  China and the
oil producing nations carry a huge portion of our debt.  Will they continue
to pick it up for us?  Maybe, maybe not.

Remember the course about living in interesting times.

Don Bowen  KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html




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