Did Someone Just Let the Cat Out of the Bag?

Preview

We believe that the answer to the aforementioned question is an EMPHATIC AFFIRMATIVE.

Unless we are hallucinating, we are quite certain that it was Congressman Barney Frank, who we observed on the television station devoted to broadcasting the actual, real-time doings on the floor of the House and Senate in our nation's capital, making the rather striking statement to the effect that if the Congress did not pass the pending legislation to rescue Fannie and Freddie, that these two critically important institutions "would have collapsed," to employ the congressman's words.

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	I began reading Moneysage in late summer 2007. It soon became addictive, because the financial perspective provided by Moneysage differed from what I found in the rest of the media, which largely downplayed the then-looming financial crisis. As the predictions made by Moneysage became vindicated by events, and the severity of the U.S. and global financial and economic problems became clearer, I relied on Moneysage to make sense of the confusing data while considering how to preserve my family’s assets in the unfolding crisis. Having come to trust the independent judgment of Moneysage and his ability to see over the financial horizon, I decided in January of 2008 to seek his help in managing my own accounts. Subsequent events have confirmed this as one of the best and most timely financial decisions that I have ever made.—JH, Virginia "I've not only preserved my wealth. I've increased it. I've gained more this year than the previous 10 combined. This is one of the rarest of times when macro outlook is more important than both fundamentals or technicals. Your blog has helped a lot with that macro outlook. I've especially appreciated your comments about US and foreign interests in the long term treasury market and the corresponding implications for other asset classes." RS, California Continued here.

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Did Someone Just Let the Cat Out of the Bag?

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