Here I am today, my investments are substantial but do not keep up with REAL inflation (10-11% /year—I know the REAL value of a dollar), but they are not going MINUS APPRECIABLY—since I still save everything into 95K maximum savings per credit union accounts. I learned two things. I would have MORE savings and the GOVERNMENT could use MORE of my money— IF and only IF Secretary Paulson would have not changed the rules on buying I bonds. I found out through a banker that hundreds of millions of dollars were being pulled out of banks and were going into the purcahse of I bonds. PAULSON WAS INTENTIONALLY PUNISHING SAVERS to help his BANKER FRIENDS. HE IS A TRAITOR to the USA and should be indicted for criminal fraud and violation of his sworn oath to protect our constitution. The banks and Wall street figured they would get “their” money back by choking off I bonds.

Mr Paulson took an OATH OF OFFICE under false pretenses. His REAL OATH is to the Banking industry ONLY. How can the Ex-CEO of Goldman Sachs switch from being a capitalist to being an advocate for ALL Americans—NOT JUST BANKS AND WALL STREET? When I learned of the new policy last December, I wrote letters to all my congressman and Senators from California. Their responses. Both Senators Boxer and Feinstein wanted to know “WHY I WAS SAVING MONEY”—”spending is good for America” (Senator Feinsteins husband MR Richard BLUM owns a REAL ESTATE company and is a BANKER—He represents European bankers everywhere). The Senators recommended other investments — OTHER THAN I BONDS. They are also traitors and advocates for the bankers.

I contacted the Secy of Treasury Offices and asked them WHY the change in policy? Were there studies to show that the US Treasury was being injured by savers? Their response: ” Our studies show that few people used I bonds and therefore we thought it best to not emphasize using them.” OKAY where are the studies? “They are not published-but are classified” Okay…I asked what congessional committees or other studies were involved in making the decision. THERE WERE NONE. Secy Paulson sneaked his decision through NOT BASED ON ANY REAL economic studies===Try to find them. They don’t exist. At least until HE fabricates them after he is indicted. Paulson is a crook plain and simple. HE IS A LIAR AND A CHEAT. He can show us his studies and congressional discussions to show us—NOTHING. WHERE ARE THEY? Wwhere is the evidence? HE IS ONLY a WOLF in a chicken coop. He must be removed and replaced with an advocate for all Americans . This is where I am today.

I still have a modest income. I am a renter. I received the full amount of my IRS stimulus payments—REMEMBER President Bush and Bernake and Paulson–THE THREE STOOGES said many times—PAY OFF BILLS – BUY STUFF. DON’T SAVE THE MONEY. I save it all—and still live frugally. I have saved over $400,000 CASH savings ALL POST TAX. I can easily pay cash for a house BUT WILL NOT until prices get back to 1998-1999 levels. I still drive my 1992 car and wear my 1998 clothes. I LOVE TO WATCH the people who have made fun of me all these years—struggle with the DEBTS THEY MADE!!! I LOVE THEIR PAIN !! THIS IS MY ENJOYMENT!! YESS!!! My last landlord was evil—In 2004 he bought and flipped my residence and doubled the rent OVERNIGHT. He was an evil person—angry nasty laughing at me–”YOU ARE RENTER—stupid dumb yuppy” “Me” “is smart” —”I own millions of dollars wort of housez.” He bought six houses that year.

Today, he is a renter—he owes unpaid taxes to the IRS for the next ten years- with interest and penalties. He had all houses foreclosed—

He had all his expensive cars and boats repossessed he bought via HELOCS.

NOW THE GOVERNMENT WANTS ME TO BAIL THAT CRIMINAL OUT!!~! AND MILLIONS LIKE HIM? NO WAY—I ate beans and rice for ten years—and he will eat his crap for the rest of his life. If I want. I can yank all of my money out of CREDIT UNIONS. QUIT WORK–so I can STOP PAYING TAXES. GO ON WELFARE—I KNOW HOW TO LIVE FRUGALLY–and let those crooks pay for me. I will do it all with legal advice first. LOL ROFL

MY PLEASURE TODAY? I got a call from a total stranger. He started acting sickeningly nice nice. Okay what do you want from me? I asked. He said I need a little money for two weeks. How much? I need 5–80 thousand dollars by tomorrow. I started laughing. You know, I am “only a renter” —”a stupid dumb renter”—and YOU own several houses and buildings and new cars. Why ask me? “I will pay you 50% of the loan – in two weeks. $75,000 for a 50k loan and $120,000 for an 80k loan”. Why don’t you get a second ot third on one of your properties? I asked. They aren’t giving loans anymore. How about your credit cards? They are all maxed out. How about those movie star friends of yours (true)? I don’t like to mix business with personal finance. Okay is that what you recommend? “YES” Than my answer is NO. Why should I mix business with personal finance–and you won’t? choke choke. Why do you need the money tomorrow? “I am really good for it – you know that?” Than why are YOU who owns all this stuff asking me–a lowly renter, for a loan?

Why tomorrow? HERE IS THE CLINCHER FOLKS. IF I DON’T HAVE THE MONEY TOMORROW- they will repossess my HUMMER! WHAT? I am renting—driving an old car–so this asshole wants me to loan him 50k for two weeks so he wont lose A HUMMER? BTW This jerk owns FOUR HUMMERS. CANDY APPLE colored paint jobs.

FOLKS THIS IS NOT FUNNY. PAULSON AND BERNANKE AND BUSH are DOING THE SAME THING. THEY WANT US LITTLE PEOPLE —who save money—who are frugal to eat beans and rice TO PAY TAXES SO THE BANKERS GET TRILLION DOLLAR BAILOUTS —so that billionaire investors keep sucking out billions and flying in private jets and we eat beans? EVERY CFIO AND CEO should go to PRISON —At ABU GRAIB OR GUANTANAMO if they lose ONE DIME—after the opportunity THEY ALL HAD to be prudent and make ggod profit with these mortgages. BUT THEY ALL GOT GREEDY.

I told the guy on the telepphone—who asked me for 50K— I have a “friend in Vegas” “his name is Guido or Luigi I forgot a spaghetti name”. If I have him call you—he will make you an “offer that you can’t refuse”. DO you want me to have him contact you? “Yes please”…”it sounds like you have more worries than a Hummer”

How will he know how to get in touch with me–you or he doesn’t have my telephone number” Ha ha ha OH I don’t think that will be a problem.

Well guess what? “—no Guido—No LUIGI–no Vegas” But the asshole doesn’t know that. He will be waiting –praying and bank interest is TICKING like a dripping faucet every second, every minute, every day, drip drip drip “money to the bankers” “money to the bankers” BUT NOT ME- when you are asleep — drip drip drip interest to the bankers—
on the weekend—on a holiday — drip drip drip more interest to a greedy banker. ALL THE BANKERS CAN FAIL… ITS FINE WITH ME.

LOL LOL ROFL

Here I am today, my investments are almost dead, but they ARE NOT GOING DOWN APPRECIABLY—since I still save everything into 95K maximum savings accounts. I learned two things. I would have MORE sacings and the GOVERMENT could use MORE of my money— IF and only IF Secretary Paulson would have not changed the rules on buying I bonds. I found out through a banker that hundreds of millions of dollars were being pulled out of banks and were going into the purcahse of I bonds. PAULSON WAS INTENTIONALLY PUNISHING SAVERS to help his BANKER FRIENDS. HE IS A TRAITOR and should indicted for criminal fraud. The banks and Wall street figured they would get “their” money back by choking off I bonds.

Mr Paulson took an OATH OF OFFICE under false pretenses. His REAL OATH is to the Banking industry ONLY. How can the CEO of Goldman Sachs switvh go being a capitalist to being an advocate for ALL Americans—NOT JUST BANKS AND WALL STREET. When I learned of the new policy last December, I wrote letters to all my congressman and Senators from California. My responses. Both Senators Boxer and Feinstein wanted to know WHY I WAS SAVING MONEY. They recommended other investments — OTHER THAN I BONDS. They are also traitors and advocates for the bankers.

I contacted the Secy of Treasury Offices and asked them WHY the change in policy? Were there studies to show that the US Treasury was being injured by savers. Their response was. Our studies show that few people used I bonds and therefore we thought it best to not emphasize using them. Okay…I asked what congessional committees or other studies were involved in making the decision. THERE WERE NONE. Secy Paulson sneaked his decision through NOT BASED ON ANY economic studies===Try to find them. They don’t exist. At least until they make them up after they get indicted. Paulson is a crook plain and simple, HE IS A LIAR. He can show us his studies and congressional discussions to show us—NOTHING. HE IS ONLY a WOLF in a chicken coop. He must be removed and replaced with an advocate for all Americans . This is where I am today.

I still have a modest income. I am a renter. I received the full amount of my IRS stimulus payments—REMEMBER President Bush and Bernake and Paulson–THE THREE STOOGES said many times—PAY OFF BILLS – BUY STUFF. DON’T SAVE THE MONEY. I saved it all—and still live frugally. I have saved over $400,000 CASH savings ALL POST TAX. I can easily pay cash for a house BUT WILL NOT until prices get back to 1998-1999 levels. I still drive my 1992 car and wear my 1998 clothes. I LOVE TO WATCH the people who have made fun of me all these years—struggle with the DEBTS THEY MADE> My last landlord was evil—In 2004 he bought and flipped my residence and doubled the rent OVERNIGHT. He was an evil person—angry nasty laughing at me–”YOU ARE RENTER—stupid dumb yuppy” “Me” is smart—I own millions of dollars worth of houses. He bought six houses that year.

Today, he is a renter—he owes unpiad taxes to the IRS for the next ten years- with interest and penalties. He had all houses foreclosed—

He had all his expensive cars and boats repossessed he bought via HELOCS.

NOW THE GOVERNMENT WANTS ME TO BAIL THAT CRIMINAL OUT!!~! AND MILLIONS LIKE HIM? NO WAY—I ate beans and rice for ten years—and he will eat his crap for the rest of his life. If I want. I can yank all of my money out of CREDIT UNIONS. QUIT WORK–so I can STOP PAYING TAXES. GO ON WELFARE—I KNOW HOW TO LIVE FRUGALLY–and let those crooks pay for me. I will do it all with legal advice first. LOL ROFL

This is, of course, also part of a larger contraction of the 60-year postwar expansion. But I’m a news junkie–with a strong taste for economic news. I’m convinced that things need not have been this bad, never mind how much worse it’s going to get, if “scamming uber alles” and the worship of Benjamins hadn’t been the national philosophy for the past three decades.

Saving, investing, frugality, working for one’s living–all these have become games for chumps. REAL Americans go into debt, shop, spent, take luxury cruises, fly to Las Vegas for Hallmark holidays, and compete to see just how much they can waste in how little time.

It would be nice to think that only the reckless and irresponsible will be ruined. But just as with environmental overshoot, everyone is going to suffer for the greedy. It’s a bit like a family where both parents are alcoholics or drug addicts: there comes a time when things really have to change, and should have changed long ago. But mom and dad have nothing to reach back to, having wasted it all.

John