"Groucho's Investment Club: Membership Has Rewards"
Review the April Fool's Day 2008 Balance Sheet of the American Economy (Unmanageable Loss. Manageable Catastrophe. New Mortgage News, April 1, 2008). It predicts systemic bank failures. That means that it predicts that many banks will fail. This work depended upon approximately three minutes of study and calculation. It has been right in every respect -- except that what was then a wild prediction of losses now seems petite, thin and malnourished. At the time the guess was $2 trillion of mortgage losses. Now the guess is $5 trillion. Five is more than two. The five trillion is now a wild number, but I have walked this way before. Logic is my guide. The madness of crowds I will leave as your option. As you may rightly imagine, with a trillion here and a trillion there, pretty soon we are talking about real money. The money lost is very real now, as is our national bankruptcy. We need to file, but we can't find a good attorney.
http://yourmortgageoryourlife.wordpress.com/2009/02/08/grouchos-investment-club/
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Best Regards,
Anthony M. Freed
eFax 1-210-579-1109
YourMortgageOrYourLife.com
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