It was 2 years ago. The lead up to the election was in full swing. Things were starting to heat up. I was an avid reader of Daily Kos and disgusted critic of the Bush debacle. One day I started reading a blogger on dK called Bonddad. He had some pretty gloom and doom things to say. Mortgages resetting. Foreclosures coming. Banks going under.
Who was this guy? I never read any thing like what he was saying anywhere else. I followed links, looked things over and tried to understand. Economics isn't my forte by any means but I'm interested.
After reading several of his diaries and checking out his links, I decided to leave Wells Fargo and move to my local credit union. That took some doing as we had 4 accounts. At a credit union, we had to have 7 accounts because each account required a "share account". But despite the hassle, I felt good about joining a "coop" of my neighbors that lent locally in my hometown.
Then late one night, I read one of Bonddad's insightful and frightening analyses of what was coming down the pike. It sent a bolt of energy through me. More after the flip.
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