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View Diary: The Ginormous Banking Enema of 2008 (24 comments)

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  •  so do we remove $ from (2+ / 0-)
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    Neon Vincent, Stranded Wind

    BofA and tell daughter to exchange her college $ into euros? I mean, we are not talking all that much here but today i am actually talking about selling off my good furniture (what little there is of it), perhaps turning in my hybrid so  i don't have car debt ... and are you better taking what $ you have and paying down debt or what?

    •  Jesus Christ on a stick YES!!! (2+ / 0-)
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      unterhausen, Neon Vincent

       You gotta look at your stuff and repeat to yourself "bank runs" - they're already starting in the U.K. and I think the only reason we've avoided anything other than the Bear Stearns investment bank run is that we're no longer a nation of savers.

       I advised someone with a house payoff sized nest egg over the last two months. Six months pay in the form of paycheck sized cashiers' checks, a $5k bundle of mad money, and the rest in gold, silver, and a bit of palladium and platinum just 'cause I'd never seen the stuff in real life.

       The bank wants my car back but I'm not going for it - packing up now, hitting the road, and the second job will bring me current. God, I hate being sick, or rather having been so sick.

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