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wilt the stilt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 04:55 PM
Original message
how long before people
start liquidating their stocks and running to the bank to get cash and put it under their mattress?
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kimmerspixelated Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 05:00 PM
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1. Don't know, but am wondering if we should do just that!
Tv heads said that if your mutual funds are in two big names okay, otherwise maybe not so safe. An investigation must be made.
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100AcreWood Donating Member (18 posts) Send PM | Profile | Ignore Wed Sep-17-08 05:15 PM
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2. remember 1987
Big stock crash. I was a kid but people were scared and lots of retirement savings money was lost. Home values plunged. Government stepped in with a band-aid. This time it's the real deal. The final collapse of capitalism. Nationaization of the financial institutions has begun. Obama has purchased two minutes of advertising time to speak on economic issues. Let's see if he has the courage to say what so many of us are thinking ... that it's time for a radical transformation of our economic system!
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