As the leaders of the mortgage bubble continue to hit the wall, the importance of repositioning your assets into the “real” economy and out of a “bubble” economy is urgent.

In Frantic Day, Wall Street Banks Teeter
By Andrew Ross Sorkin & Jenny Anderson – New York Times (14 Sep 2008)

ISDA Statement on Lehman Brothers Bankruptcy Trades: Full Text
By Scott Lanman – Bloomberg.com (14 Sep 2008)

Rush Is On to Prevent A.I.G. From Failing
By Gretchen Morgenson & Mary Williams Walsh – New York Times (14 Sep 2008)

A.I.G. Seeks $40 Billion in Fed Aid to Survive
By Andrew Ross Sorkin et al – New York Times (14 Sep 2008)

World Banks Planning $50 Billion Emergency Loan Pool
By Joe Bel Bruno & Martin Crutsinger – Associated Press (14 Sep 2008)

Fed Lowers Standards for Collateral From Primary Dealers
Federal Reserve Board Press Release (14 Sep 2008)

If you are responsible for retirement or family assets and are not prepared, we strongly recommend our new audio seminar, Positioning Your Assets for Growth in Uncertain Times.

This audio seminar represents our best thinking in response to thousands of questions we have gotten from the Solari network over the last five years. It comes complete with transacript and “before” and “after” portfolios to help you understand the forces impacting us now and our options to address them.

It is never too late to take charge of your financial situation. Every action counts. It is never too late to start. I have every confidence that you can do whatever needs to be done. We will continue to do our best to support and help.

20 Comments

  2. I need a psychotherapist.

    Why? We are watching the Federal Reserve GUT our economy RIGHT BEFORE OUR EYES and nobody is asking questions. Lehman Brothers co-formed the Fed Reserve in 1913, and are part owners. HOW CAN THEY GO BANKRUPT? Merrill Lynch… what, PEOPLE DIDN’T PAY INTO THEIR PORTFOLIOS? AIG… WHAT? People weren’t paying their high INSURANCE PREMIUMS… and now, WE THE IDIOT TAX PAYERS HAVE TO GUARANTEE THEM A REVOLVING LOAN OF $85-BILLION to keep them solvent? WHAT DID ALL OF THESE BASTARDS DO WITH THE MONEY WE PAID THEM? WHY ARE WE BAILING THEM OUT? WHY ISN’T SOMEONE GOING TO JAIL FOR ALL THE FRAUDULENT BONDS, LOANS and FIDUCIARY ABUSES? NOT TO MENTION THE BROKEN LAWS AND MILLIONS OF DAMAGED LIVES THEY’VE CAUSED????? OUR LEADERS… where are they? We obviously have none. They are gutting our nation and we sit here like morons… sucking our Starbucks coffee.

    I need a psychotherapist.

  3. Catherine,
    Enjoyed hearing you on Coast the other night and just oedered your CD.
    Gold went up today-Is it too late to buy gold?
    Thank you, Marianne

  4. Just wanted to say thanks and how much i appreciate all the information.
    After reading and researching and finding out more than I ever wanted to know… I am grateful for this hopeful site

    There is so much I don’t understand…

    thanks again
    Sebastian

  5. Hi George,

    I understand how you feel. I spend my days focusing on other things as much as possible and I do get therapy once a month. I am no expert at all, but I guess Lehman can go bankrupt, because the Fed is bankrupt since they owe the rest of the world hordes of money and keep borrowing from them.

    I find that looking to my own heart and doing a lot of breathing through the heart helps to keep sane.

    Yvonne

  6. Catherine,

    Wonderful to hear your wise words on Coast Monday evening! I wisely taped the conversation between you and George because repeating is important in learning. You said to keep an eye on AIG, but did you have any idea THIS STUFF that happened on Thurs. and Friday was coming?

    I feel sad. Free market capitalism is dying away, the country I was born and brought up in is quickly melting like an iceberg in the Sahara in summer. I do hope gold/silver-in-possession serves as a backstop. Next time you are on Coast, can you speak briefly on gold/silver, your latest views on them?

    Thanks!
    AlienC

  7. The beginning of the Course in Miracles says: “Nothing Real can be Threatened. Nothing unreal exists.” I find this a useful perspective to reflect on at times such as these.

    Though I have described the hundreds of reasons that an entire society would invest our hard earned savings in things that are unreal, I still deep down inside do not understand why we would do so.

    It all comes down to each of us understanding what is real and what is unreal and, if we don’t know that it is real, then we need to not treat it as such.

    Yes, I will look for an opportunity to update on gold and silver,

    Catherine

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