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Re: Charlie Munger's Thoughts on  

By: ribit in POPE | Recommend this post (1)
Mon, 11 Jul 11 10:25 PM | 41 view(s)
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Msg. 39028 of 65535
(This msg. is a reply to 39020 by DGpeddler)

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dgp
...I can remember the folks who borrowed all they could get against their homes and invested it in AT&T wireless. I told em AT&T didn't have anyone in management capable of running a hot dog stand.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Re: Charlie Munger's Thoughts on
By: DGpeddler
in POPE
Mon, 11 Jul 11 10:14 PM
Msg. 39020 of 65535

Many folks did it for years by hocking their homes for more money than they will ever have. Look at how well that worked out. But then, it is working out for some because the federal government is helping them. The same federal government that cannot pay its current bills.


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