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Friday Madness...California Needs $$$

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Oct 3, 2008 7:02 pm

This is becoming total madness…California now wants an emergency loan of 7 Billion from your Federal Government. Just one of many States that require monies as they are being locked out of the Global Credit Market. To my post on the " other " issues that are facing our respective economies. Government at all levels…like a feeding machine that does not stop.

Okay ....start up those Money Printing Machines. That will sort out the problem
Oct 3, 2008 7:04 pm

Well, it usually works.

Oct 3, 2008 7:13 pm

Thanks Walking9 …such wisdom. So if I earn 100k a year and buy a 2 million dollar home , have two new Mercedes in my driveway , take an expensive vacation every three months , have all the latest electronic gadgets in  the house and of course we do need to enjoy our fine dining several times a week and all out credit cards are maxed out and the bank is looking for me…does that mean I can just PRINT SOME MONEY? Does Wamu still take Loan Applications?

Oct 3, 2008 7:22 pm
norway401:

Thanks Walking9 …such wisdom. So if I earn 100k a year and buy a 2 million dollar home , have two new Mercedes in my driveway , take an expensive vacation every three months , have all the latest electronic gadgets in  the house and of course we do need to enjoy our fine dining several times a week and all out credit cards are maxed out and the bank is looking for me…does that mean I can just PRINT SOME MONEY? Does Wamu still take Loan Applications?

  Well I heard on the radio just yesterday an ad for WAMU checking and savings accounts and great CD rates.   So maybe...
Oct 3, 2008 7:25 pm

Is that Insured? Do they need any proof of income? I guess that they aren’t too concerned about my assets? Should I apply?

Oct 3, 2008 7:29 pm

Sorry, you sound like you are whining. The central government should be providing liquidity and defense, and a social net for the indigent.

There is plenty of blame to go around, that will be sorted out. Yes, you are definitely responsible for getting your own big screen and jag.   Look on the bright side, all of the big screens bought with borrrowed money from China will help heat houses (with coal and natural gas) and keep people from burning gas.   It's gonna be okay. Yes, people do say I am wise, I'm not going to hide it here from you.
Oct 3, 2008 7:40 pm
norway401:

Is that Insured? Do they need any proof of income? I guess that they aren’t too concerned about my assets? Should I apply?

  Well, if you're anything like they are, here's how it goes:   They simply measure the proximity of your eyes, and the closer together they are, the more money they will give you.  Just make sure to sign with a waterproof pen, so your drool doesn't wet the ink.               I realize I am going to hell, front row seat, for comments like these.  I apologize in advance to all those with down syndrome.
Oct 3, 2008 7:42 pm

A Pearl of Wisdom. And I had almost lost hope. Thank God that we have people that really understand my situation. I was right …I am really owed.

Oct 3, 2008 7:44 pm

The problem with down markets is, once you reassure all of your clients and invest the cash, there is nothing to do except wait for the referrals. I love this job.

Oct 3, 2008 7:48 pm

Seriously, this is an easy job. Don’t overthink it.

Oct 3, 2008 7:51 pm

Snags…I just about spit out my coffee.

Oct 3, 2008 7:51 pm
norway401:

Thanks Walking9 …such wisdom. So if I earn 100k a year and buy a 2 million dollar home , have two new Mercedes in my driveway , take an expensive vacation every three months , have all the latest electronic gadgets in  the house and of course we do need to enjoy our fine dining several times a week and all out credit cards are maxed out and the bank is looking for me…does that mean I can just PRINT SOME MONEY? Does Wamu still take Loan Applications?

  Yes they do.  I got a credit card offer in the mail just last night.  My wife, who normally doesn't pay any attention to what's going on in my world at all, actually chuckled when I showed it to her. 
Oct 3, 2008 7:55 pm

Me too …American Express ( not Wamu obviously in Canada ). Like your wife my wife does NOT WANT to know anything about my world. Come to think about it if I recall correctly over the last week about three or four solicitations for credit cards. Isn’t it great to live in the U.S. and Canada? Credit problem…what credit problem?