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the mortgages are a bait and switch

Oh, right, I forgot to mention swaps. billions of other dollars... on welfare now with the bailout... maybe sooner would have been better.

lol 10 times is a joke, right?

"per se" being the operative word(s). The amount involved in the derivative trading dwarfed the underlying mortgages. The nightmare was the difference between the small amount of mortgages on real property and the astronomical amount of derivative paper.

The "fiasco" was not caused by the mortgages themselves but by the derivative trading.

Well said. Except for the part about how it wouldn't happen till after the election.

I'm so amazed to see this prophetic thread... so, even if people know, the disaster is not averted?

The way that the stress thing works, is that it has an overall good effect if the stress is related to something a person can "conquor" so to speak. Then there is a sense of personal power that has a rejuvenating effect on the body. There is a saying that mice that are chased by cats live...

yes - But here's the thing... I worked really hard and then I lived in the condo I bought that had the privy pit under it... and that caused hydrogen sulife in my condo and I started to fall a lot. I didn't do anything illegal, but it's cost me a good percentage of what I worked for, and...

You make me laugh... genuinely.

Surdo, I predict a long and happy life for you, re the vacations. :) I wonder if a committed relationship would be better than hookers. (I don't know, I'm wondering.)

Hi Prince, I think the education thing relates to the status one attains... the fellow who wrote The Status Syndrome, and I cannot remember his name, discovered that the higher status one reaches, the longer one is likely to live. Marmot, I think it was Michael Marmot. He began his study...

That was very nice of you, nkhoi. Thank you. I don't have any money left, though. (Darn it.) What made you all stand out so much in my mind was how many of you looked at my Revised Brief. That was so nice of you! Also, when no one made any kind of comment I figured there was something...

Hi, I was thinking about you last week when pbs aired a program done in Japan on aging brains. Electrodes were used to show brain activity. Men and women who learned new things had the largest, most active thinking portions of their brains. That's what reminded me of you. About a decade...

Okay, I have a question for you guys: I see that quite a few of you looked at my Revised Brief. Thank you. I did not receive my copy back in the mail today, so I called the Appeals Court and talked to a clerk who went to look for my Revised Brief, and after nearly ten minutes she said it...

Wow. Way above anything I ever imagined in a day. I am WAY impressed. I only made about $1,100 or $1,200 that time I had it, if it's the one I think. Okay, I really want to be able to do this again!!!!!

Okay, Look, I want to be able to do this again! Well done! Very good!!!

Sounds good! I think that's the one I had ages ago that made so much money in a couple days, for only 200 shares. I thought it was True Faith... but I think the name was really a little different. Well done, You!

Wow, that's really interesting to learn... (If only I remembered things better!) Thanks!

I just read that the stock market hit a new all time high. (I hope that's true.) I thought of you immediately!!!!! I hope it was a Great Day! for each of you!!!!! I've been working on my appeal to get my condo back... (I'm due for a lucky break, ie turnaround) and posting comments about...