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The Scuppers This is a new forum for the not necessarily fishing related topics...

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Old 03-14-2007, 11:58 AM   #1
PaulS
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I sold everything in my largest 401 k to convert it to an IRA about 2 weeks ago. Its still sitting in cash
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Old 03-14-2007, 12:59 PM   #2
taJon
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I sold everything in my largest 401 k to convert it to an IRA about 2 weeks ago. Its still sitting in cash
wish I had. Now I have to wait it out. My money would be safer under my mattress.

boatless................can I have a ride?
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Old 03-14-2007, 01:45 PM   #3
Ed B
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Ben, Glad to see you're keeping your eye on the ticker today rather than funnin with guys on the other site. Somehow I have this vision of you right now sitting in a chair on a Wall St sidewalk eating popcorn waiting for jumpers though. After the banking troubles we had in 1990-92 I'm really surprised that they could have allowed so much easy money this last go-around. Thanks Alan Greenspan
So where do we go from here? Any word on the street on another banking blowout?
Ed
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Old 03-14-2007, 01:50 PM   #4
Fishpart
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I have time on my side, just recoverd from the recession that started the day Bush took office .....

“It’s not up to the courts to invent new minorities that get special protections,” Antonin Scalia
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Old 03-14-2007, 03:23 PM   #5
wheresmy50
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Inflation is near 20 year lows. Unemployment is between 4.6 and 4.7% (near 25 year lows). Taxes are at 20 year lows.

Bush's recession is killing us all.

I guess it's Bush's fault people decided to buy houses they couldn't afford.

God forbid there would be a little personal responsibility in this country. I'm waiting for the TV commercials of lawyers recruiting people to sue their banks for lending them money.
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Old 03-14-2007, 04:15 PM   #6
fishpoopoo
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Originally Posted by wheresmy50 View Post
Inflation is near 20 year lows. Unemployment is between 4.6 and 4.7% (near 25 year lows). Taxes are at 20 year lows.

Bush's recession is killing us all.

I guess it's Bush's fault people decided to buy houses they couldn't afford.

God forbid there would be a little personal responsibility in this country. I'm waiting for the TV commercials of lawyers recruiting people to sue their banks for lending them money.

1. unemployment figures might not be accurate. DOL's methodology is a bit ... creative.

2. it's not Bush's fault that people decided to buy houses they couldn't afford - it's Alan Greenspan's.

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Old 03-14-2007, 05:01 PM   #7
Nebe
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2. it's not Bush's fault that people decided to buy houses they couldn't afford - it's Alan Greenspan's.
you beat me to it..
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