A Run on the California Country Wide banks?

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Desh said:
I never sugested something fishy I sugested something panicky.

Now go back down the years on this post and Look at the dollar amounts over the years.

http://finance.yahoo.com/q/it?s=CFC
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are YOU even looking at the numbers retard? READ this reeeeeaaalllly slowly and maybe you will grasp it this time.... He has been selling millions worth of the stock fairly consistently over the past couple of years. NOTICE the number of shares... 70k and 46k are pretty fucking consistent....

There is NOTHING to indicate he changed his patterns.... he was consistently selling the options automatically as they were exercised. There is NOTHING odd about his doing so in August.

Seriously.... put a bullet in your head... at least THAT way you will have something to occupy the space.
 
No he has not changed his patterns over the last couple of years because he knew this venture would fail. Get the money while you can and damn the customers and such.
 
Damocles said:
Only from people who are too stupid to know it is only backed by paper. If the stuff hits the cooling convenience cash will not be worth anything except as tinder.
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If I have 10 bucks in currency and you have a 1000 in digi-dollars only, then I am in a better bargaining position. Nobody will accept your digi-dollars and since the economy is soaked in them in relation to currency, short term I might do well. Of course, it would be better to have gold or real assets long term.
 
RStringfield said:
If I have 10 bucks in currency and you have a 1000 in digi-dollars only, then I am in a better bargaining position. Nobody will accept your digi-dollars and since the economy is soaked in them in relation to currency, short term I might do well. Of course, it would be better to have gold or real assets long term.
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as I said at least you could pay your taxes with the paper dollars.
 
RStringfield said:
If I have 10 bucks in currency and you have a 1000 in digi-dollars only, then I am in a better bargaining position. Nobody will accept your digi-dollars and since the economy is soaked in them in relation to currency, short term I might do well. Of course, it would be better to have gold or real assets long term.
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If I have 1000 in Gold that I purchased with digidollars, your $10 will not buy $.01 worth of it as it wouldn't be worth any more than your paper. People will barter and nobody will accept cash if it all hits the fan, cash is worth nothing at that point, except as something to start fires with.
 
There is nothing backing the dollar except the US Government, if it all hits the fan there is no backing at all.
 
Damocles said:
If I have 1000 in Gold that I purchased with digidollars, your $10 will not buy $.01 worth of it as it wouldn't be worth any more than your paper. People will barter and nobody will accept cash if it all hits the fan, cash is worth nothing at that point, except as something to start fires with.
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If it hits the fan that bad digidollars will be worthless as well only goods and services that can be bartered will be worth anything.

Bullets and guns will be premium items since the gummit will be be gone.
 
uscitizen said:
If it hits the fan that bad digidollars will be worthless as well only goods and services that can be bartered will be worth anything.

Bullets and guns will be premium items since the gummit will be be gone.
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That was my point, notice the past tense? "that I purchased with digidollars"...

Ed at the end of the word makes it past tense, first I purchase it, then it hits the fan... Get it?

Therefore I have gold in hand, you have pieces of paper backed by a non-entity. Which will be worth more?
 
Damocles said:
That was my point, notice the past tense? "that I purchased with digidollars"...

Ed at the end of the word makes it past tense, first I purchase it, then it hits the fan... Get it?

therefore I have gold in hand, you have pieces of paper backed by a non-entity. Which will be worth more?
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But you can't eat gold nor will it heal your illness.....

if that time comes City folks will flood the country and local civil wars will erupt.
 
uscitizen said:
But you can't eat gold nor will it heal your illness.....

if that time comes City folks will flood the country and local civil wars will erupt.
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You can however spend it. Those who are willing will sell for something with inherent value that is far easier to carry than product.
 
If I only have enought food for me and mine i will not sell it for any price. of course there are those who will steal it and sell it.
 
uscitizen said:
If I only have enought food for me and mine i will not sell it for any price. of course there are those who will steal it and sell it.
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And your point is? Your cash will be worth something? Keeping money in a mason jar is worthless, as if it comes to the point your mason jar is all you have your money is worthless. Buy gold with that cash, while it is worth something, so you can have something of value to spend when it gets to that level.
 
Damocles said:
If I have 1000 in Gold that I purchased with digidollars, your $10 will not buy $.01 worth of it as it wouldn't be worth any more than your paper. People will barter and nobody will accept cash if it all hits the fan, cash is worth nothing at that point, except as something to start fires with.
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Not the point. What do you think is happening during bank runs? People are desperate for cash as they do not trust digi-dollars. Yes gold is preferrable, because long term the inflated currency will be worthless too. Short term their is large demand for it. I would rather have my money in a mason jar than in a bank when the shit hits the fan.
 
Superfreak said:
are YOU even looking at the numbers retard? READ this reeeeeaaalllly slowly and maybe you will grasp it this time.... He has been selling millions worth of the stock fairly consistently over the past couple of years. NOTICE the number of shares... 70k and 46k are pretty fucking consistent....

There is NOTHING to indicate he changed his patterns.... he was consistently selling the options automatically as they were exercised. There is NOTHING odd about his doing so in August.

Seriously.... put a bullet in your head... at least THAT way you will have something to occupy the space.
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Not in the list I gave you , his sell actions greatly outnumbered the 06 trend.

I dont know why you are insisting but LOOK at the names on my list the ones in red our his sales NOT the others.
 
RStringfield said:
Not the point. What do you think is happening during bank runs? People are desperate for cash as they do not trust digi-dollars. Yes gold is preferrable, because long term the inflated currency will be worthless too. Short term their is large demand for it. I would rather have my money in a mason jar than in a bank when the shit hits the fan.
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Yes, but I would rather have purchased gold with it and kept that in the mason jar while the cash had value.
 
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