Wednesday, October 01, 2008What's Happening and What to ExpectWHATS HAPPENING : The VALUE of your ASSETS is FALLING your HOME 20 % across the board your VEHICLE 50 % in some cases your INVESTMENTS this year to Sept 26 12 % (TSE) 17 % (NYSE) Air Canada 54 % , Abitibi 75 %, General Electric 32 % Bank America 11% ,Citigroup 32 %, RIM 37 %this week The SIZE of your DEBTS is RISING Mortgage monthly --------- Car payments ---------- Credit cards ---------- The grand ? TOTAL 2,587,427,300,000 U.S. Consumer Debt This total is rising, moment by moment. Is yours ? Have your favourite investments gone up ? This year ? Tim Hortons -13 %, Sears -31%, Yellow Pages -30% Canadian Tire -33%, Maple Leaf -40%,Imperial Oil -15% Oh, you invested as you were told to ? MUTUAL FUNDS Heres a dozen examples down 24 to 31% (MERs of 2.5 % !) WHAT TO EXPECT LIES and REASSURANCES and , an ELECTION CIRCUS to ENTERTAIN and DISTRACT DISTRACT OUR ATTENTION from what is Happening *************************** THE REICHSTAG IS BURNING and THE BARBARIANS are STORMING the VAULT !!!!! *************************** The Vault is the value of our money The Barbarians are the BANKSTERS ***************************
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