Sep 15, 2008

FED and FDIC not designed to operate in CHAOS, which is what we have NOW!

Update on last post: This weekend, Lehman Brothers, a 150 year old investment bank declared bankruptsy, BofA bought Merrill Lynch out of the abyss, AIG, a trillion dollar balance sheet company, is in full blown panic to save themselves, and Washington Mutual teeters closer to closure.

IT IS NOT OVER, SO DON'T ACT LIKE IT IS. CAUTION IS IMPERATIVE! Guard what you have.


For what it's worth,

Ken

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