Greetings Class,
I hope all of you are well in these trying economic
times. At the end of my post for June 11, 2008 I
referred you to this link:
When Bad Is Good-The Doomed Dollar
and stated "If you think things are rough now,
just wait."
Look at what has happened since then. Things
may get even worse. I have come across
information (rumor) that if you have gold,silver or
platinum in a safe deposit box in a bank, you should
consider taking it out now because you will be denied
access to those items when the U.S. economy sinks even lower.
The rumor is when you go to access your safe
deposit box, not only will you be accompanied by a
bank official, but also a representative of
Homeland Security who will confiscate or deny
your access to those precious metals.
Those classmates who are versed in banking and
finance may want to verify the truth or fallacy of
those statements. If you can, please make a
comment on this post or email the class with your
information.
Check out these links for more info.
Cost, abuse, and danger of the dollar
John F. Kennedy vs The Federal Reserve
Now that I've cheered you up, let's move on.
It was decided to fore go any further meetings
until January 2009. However, please give your
thoughts on the idea of a Holiday (Christmas)
Party sometime in December. Preferrably before
the week of the 25th.
I am exploring the idea of changing the look of our blog.
Mainly to replace the oppressive maroon banner with
something lighter.
Already in place are a Google Search box at the top of
each post for your convenience, and a Google Ad box.
Clicking on those links will take you away from our blog
so click your back button to return.
I would appreciate any feedback or suggestions that you feel
would be useful on our blog.
Edward West
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