To: <bobford79 AT yahoo.com>, <homestead AT lists.ibiblio.org>
Subject: Re: [Homestead] Bailout for Insurance companies, now
Date: Fri, 24 Oct 2008 19:56:10 -0400
> 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.