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« Financial Expert Says He Has The Answer To Resolving The U.S. Financial Crisis | Main | Serving The God Of Second Chances »

October 10, 2008


Jim, you have good company on this prognostication. No-one could have guessed the Dow would actually break the 10,000 barrier this soon, approximately a year after the real estate bubble burst. But now we're setting ourselves up again, as Barney Frank & Maxine Waters are once more requiring lending institutions to give sub-prime loans to non-qualifying home-owner wannabes if they want to get on the government "Good List". I think that they believe we can just print more money and it will all be OK when these loans begin fail, too. We'll just have to bail out the banks again. It worked once, why not again?

James L. Paris

Wow, I guess I was really wrong on this market call.

Jim Paris

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