I'm sitting here

[lynettebro440]

shaking my head in such disgust and amusement that I don't know whether to laugh or cry anymore. Right at this moment, on this one day, there is some real scary crap happening all around the world and while sitting here reading trying to unwind, I realize that that there is absolutely no where to turn for sanity anymore. I honestly feel like George Orwell and there is no escape. It's weird really, it's so many things on so many levels yet I can no longer escape in TV or blogs or unintelligent conversation, all I really want to do is turn off my small amount of knowledge of the worlds events, but I can't even fathom how.

I woke this morning with news that Iran is testing their power. My stomach immediately hurt, kind of like it did in 2003 when they said they were going to Iraq, like the morning of 9/11, the day bush stole both elections in 2000 and 2004. But today was a different ache. I realized that the stupidity and ignorance of the human race has brought us to a place that just might be the tipping point to all the fears that I have been taught to fear my whole life. I turn 50 this year, I'm in good shape, still look good, holding my head above water you know. I was around for the days when you hid under your desk in school in case of the nuke they might drop. I watched people come home in boxes during my childhood days. I've had a little practice along the way with some crazy shit in the world I guess I'm trying to say. But this morning's little stomach ache wasn't like any of the other crazy fears, this one is different.


I've been silently fearing this implosion that I know cheney wants to be in, a nuke fight with israel and iran. These greedy mother fuckers have been planning this almost as long as I have been alive. Yet knowing what they have been doing I always believed that sanity would rule the dumb would eventually get smart or die in their stupidity. Slowly it has been dawning on me that the reality is not only do they want to take us down and watch us crumble, they are doing everything in their powers now to make it happen. This is a fucking perfect storm for these guys. And what does the rest of the world do? Yet what do people see and hear? Obama and his wife were wrong to bring children on tv. Jesse Jackson poopoo's obama. Obama flip flop. What is the government doing? Oh their passing bills that are unconstitutional, they start a war with way more dangerous country without our knowledge again, they starve us with their oil and the list goes on. People on here are screaming that they won't give to obama under any circumstance. And then it all dawns on me.

This could be it you know. Our stupid step back wards could actually bring us so far back that running for your lives might become the new theme for america. And there is really nowhere to go except in silence to be able to survive all of this. I know, your probably wondering then why the hell you writing this if you want to live in silence. I just really need to know. Is this thing that is currently happening that hard to turn around. Is there any recourse except simply plowing ahead and trying to survive? Are we really this close to 1984 Orwell? Can this really be happening without anyone seeing that we make the wrong move at this stage we are really, really fucked. Is anyone else feeling this way?

[grasswire]

1. I hate to tell you this...

...but Orwell was an optimist.

[MichiganVote]

4. God that's the f**in' truth.

[bluerum]

2. It is crazy. I have been watching my 401k dissolve over the last few weeks.

that in itself would not be so bad, but my house has lost 25% of it's value and US currency is worth about 75% of what it was a year ago.

Not so worried about Iran - they know they would get their asses kicked. It's the warmongering pigs in our own government that I worry about.

1/20/09.

[lynettebro440]

3. I take calls from people like you

and it's really sad. People are losing their asses and it's all across the country. I hear so many sad stories of desperation.

[MichiganVote]

5. We're down by at least 20% over the last two weeks and we made changes last year in anticipation

of the BS to come. Paid the IRS a hefty price to do it too. So it's not like we sat around waiting for the grim reaper to visit us.

We're all so screwed.............

[lynettebro440]

6. Hell there aren't any funds making any money

our money market is paying around 0.50.

[MichiganVote]

7. We're barely even as of now. Talked to one of our finan. guys last week and you

could have burned his body in oil and he still would have felt better than having to call us.

[lynettebro440]

8. You're ahead of most

the norm is a large percentage have lost a lot. I mean a lot. It's so sad.

[MichiganVote]

9. If we had stayed in our prior plan we would have been there too.

The price tag to the IRS was steep and no pleasant. Just kind of a toss up which bastard would rape us of more. If we can hold for now, I'll find it tolerable. If not, and the dam breaks, we'll be working until we're 65.

Fuckers.

[aspergris]

10. lots of ways to make $$ in a down market

I've got a fair smattering of DXD (double inverse dow fund) ETF in my IRA.

For every 1% the dow drops, it gains 2%

It's the equivalent of shorting the dow with double leverage - although you can't short stocks in an IRA you can buy inverse funds or short futures.

I do NOT recommend this for beginners and especially not AFTER we are already down 20% but there are lots of ways to hedge and/or make money in a down market.

June was actually my best month in a year in my investments due to the large DXD and some other inverse funds.

The lay investor should realize that markets FLUCTUATE. For most investors, dollar cost averaging is the way to go. You naturally buy more when the price is cheaper and less when it is expensive.

There has NEVER been any 20 yr period where this didn't returna decent return and in many 20 yr periods - an extraordinary one