TOO BIG TO FAIL...2011 MOVIE...EXCELLENT SUMMATION OF OUR FINANCIAL CRISIS

By
Real Estate Broker Owner with People first then business! Ran Right Realty Riverside, Ca BRE LIC #00636943

I just finished watching the movie TOO BIG TO FAIL. Most excellent depiction of what took place, what is taking place and just how fragile the financial system of the the whole world is. The movie connects all the obvious dots. All the headlines, the opinions and the facts interwoven into a believable conclusion

SOME PEOPLE WIN..SOME PEOPLE LOSE

First off, there are many Wall Street players that are becoming and have become filthy stinking rich off this whole thing. That is the way it will go and it appears that there is nothing to be done about it.

IT IS WHAT WE SUSPECTED...WE DON'T MATTER

Furthermore, the homeowner or the tax payer is treated like they don't exist in this movie. We are only taking seriously if we all ban together and make a run on the banks. If not, separately we are considered and are treated like collateral damage. Tens of million of people lose their homes...Oh well....

IN WHOM DO YOU TRUST

I couldn't help but have thought along these lines. Nothing is to be trusted. Anything can fail because the monetary system is what holds it all together. It makes you want to consider buying a cabin some where and learn how to hunt and farm...things that wont fail..

THE WORLD DOESNT LIKE WHAT HAPPENED

The contempt from the global community is at work in this movie too. One wonders where all the Saudi money..you know those trillions of dollars that they have...where is it ? Why aren't they investing in America and the movie doesn't even dare to ask that question...

OUR FREINDS WITH THE MONEY...WHERE ARE THEY?

I brought this up before. Should the Saudis try to rescue America financially, I believe that their own families would come under assassination threats. There are groups that want to see America fail and they now know that weapon for weapon strategies or blow for blow doesn't work with our military might.

AMERICA DOES EVERYTHING ...BIG

Where we are weak is in our financial legs...We consume the most in the world, we live high on the hog and if our enemies can shut us down or keep us on the edge mentally, psychologically or financially, they can hurt us...

THE FAILURE FOR US TO HARMONIZE

Take special note of the internal bickering in our own government and the tug of war between the government and the large banking institutions. Our biggest fears as Real Estate professionals are confirmed. No one wants to eat the SHORT SALES losses. Until that is fully resolved, expect less than perfect Real Estate harmony for years to come...

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
California
Tags:
recession
depression
banking disasters
banking failure
wall street
tarp
congress
lenders
fdic
investors
borrowers
homeowners
foreclosures

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pants to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
1,112,588

Richie Alan Naggar Author PEARLS SERIES of books

on LIFE and LOVE plus Real Estate too!
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: