Why not call "King's X", and start over?

[SoCalDem]

It's pretty obvious by now, that the whole "money-thing" is a big ole scam...and has been for DECADES..

Wipe all stales clean..What you have possession of is yours..and we roll it all back to the 60's style of financing, when we were solvent..taxes were high, but we were not brazillians in debt, and people could support their families in middle class fashion..

the world could use a breather too.. We need LESS of STUFF...and the stuff we "have" should be long-lasting..not use& discard.


Want something? SAVE for it..

The whole idea of living on credit is a futile way to live, as a society, and using shopping as a hobby, only leads to houses full of "stuff"...more stuff than people need or even really want..

[kickysnana]

1. But, but...

If you put it in the bank it might get held for two years when the bank goes under next year, even with FDIC.
If you put it in a mason jar in the back yard the projected fall in value of the dollar makes it lose money, fast.
If you invest it in anything other than precious metals you will probably lose it anyway.
If you invest in precious metals and that market somehow excapes a bubble, the exhange rate wipes out any gains.

They bought companies and took all the cash out of them so the companies that survived had to be working on borrowed money.

Hard to save when your job is gone, your house had been forclosed, your pension funds disappeared, your stock crashed, your money is held up by the FDIC until the bankruptsy is settled and your grown children are in the same boat plus they have school loans.

This was good advice in 1963, not such good advice in 2009.

[midnight]

2. I'm not a money person, but it makes sense to me....

"shopping as a hobby" Ha Ha.