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-   -   Baddog... what did you do during the last Great Depression? (https://gfy.com/showthread.php?t=855268)

RedShoe 09-15-2008 05:15 PM

Baddog... what did you do during the last Great Depression?
 
Should we take our money out of the banks and put it under our mattress? They said people were already starting to make a run on banks. My Bank went from $45 a share down to $2.02 in less than a year. Should this be a sign that Washington Mutual is on the brink of a collapse?

On the news it said the FDIC had 50 Billion to cover the banks but that they were expecting they'd need 1 trillion to cover the banks.

Meaning... there was no where near enough FDIC money to cover us.

So...

What do we do?

seeric 09-15-2008 05:16 PM

i am buying wamu stock right now.

Barefootsies 09-15-2008 05:17 PM

Toe hee.
:winkwink:

amacontent 09-15-2008 05:18 PM

RED SHOE hit me up on ICQ

StickyGreen 09-15-2008 05:19 PM

Quote:

Originally Posted by RedShoe (Post 14760144)
Should we take our money out of the banks and put it under our mattress? They said people were already starting to make a run on banks. My Bank went from $45 a share down to $2.02 in less than a year. Should this be a sign that Washington Mutual is on the brink of a collapse?

On the news it said the FDIC had 50 Billion to cover the banks but that they were expecting they'd need 1 trillion to cover the banks.

Meaning... there was no where near enough FDIC money to cover us.

So...

What do we do?

Take your "money" out of the banks? LOL, what are you going to do with all that paper when it's completely worthless?

Fiat currencies always crumble...

OG LennyT 09-15-2008 05:24 PM

Quote:

Originally Posted by A1R3K (Post 14760151)
i am buying wamu stock right now.

:1orglaugh:1orglaugh

I have some swampland in Florida to sell you..lmk

RedShoe 09-15-2008 05:26 PM

Quote:

Originally Posted by StickyGreen (Post 14760163)
Take your "money" out of the banks? LOL, what are you going to do with all that paper when it's completely worthless?

Fiat currencies always crumble...

I dunno. I've never been thru anything like this before. That's why I was asking Baddog. Wouldn't I still at least have my cash? If the bank collapses, would I still be able to get my $$$?

what is a Fiat currency? I don't know much about banks actually. :(

TheDoc 09-15-2008 05:36 PM

Quote:

Originally Posted by RedShoe (Post 14760183)
I dunno. I've never been thru anything like this before. That's why I was asking Baddog. Wouldn't I still at least have my cash? If the bank collapses, would I still be able to get my $$$?

what is a Fiat currency? I don't know much about banks actually. :(

Gov issued/backed money vs. Money being backed by gold. In short, all these people that buy gold think they can use it to survive on if the U.S. eco/market drops out from under itself.

AlienQ - BANNED FOR LIFE 09-15-2008 05:38 PM

Oh shit! The title had me rolling off my seat, holy fuck you killed me over here!

Jesus LOL!

xmas13 09-15-2008 05:49 PM

You can deposit your money into my Nigerian bank account in Lagos. :)

seeric 09-15-2008 05:53 PM

Quote:

Originally Posted by OG LennyT (Post 14760178)
:1orglaugh:1orglaugh

I have some swampland in Florida to sell you..lmk

:1orglaugh:1orglaugh:1orglaugh

we buying stock in wamu and freddie mae fanny crack too.

then rolling it into ky jelly stock.

dropped9 09-15-2008 05:53 PM

hahhaha this thread is great

directfiesta 09-15-2008 06:04 PM

Quote:

Originally Posted by OG LennyT (Post 14760178)
:1orglaugh:1orglaugh

I have some swampland in Florida to sell you..lmk

You laugh, but when I was a student, to make $$$, I was going door to door to get people to go to an ' information ' event on purchase of land in Florida...

We were laughing at all those suckers signing up ... and buying land in a swamp called ' Glades ' ... ( west of Boca Raton, pass the 95 ) ...

Now I don't laugh anymore ....:2 cents:

marketsmart 09-15-2008 06:06 PM

Quote:

Originally Posted by directfiesta (Post 14760294)
You laugh, but when I was a student, to make $$$, I was going door to door to get people to go to an ' information ' event on purchase of land in Florida...

We were laughing at all those suckers signing up ... and buying land in a swamp called ' Glades ' ... ( west of Boca Raton, pass the 95 ) ...

Now I don't laugh anymore ....:2 cents:

nevermind...

budz 09-15-2008 06:08 PM

http://www.old-time.com/photogallery/camera.gif

i kid i kid

StickyGreen 09-15-2008 06:09 PM

Quote:

Originally Posted by RedShoe (Post 14760183)

what is a Fiat currency?

http://en.wikipedia.org/wiki/Fiat_currency

RedShoe 09-15-2008 06:27 PM

Quote:

Originally Posted by StickyGreen (Post 14760316)

huh, I learn something new every 3 days. Thanks. :)

Still, though, I wish Baddog would get in here and give us some pointers. Any advice right now would be greatly appreciated.

Brujah 09-15-2008 07:01 PM

Baddog lieberman would say, just vote for McCain and things will get better.

BlackCrayon 09-15-2008 07:21 PM

If everyone did that it would only make a bad situation worse.

Young 09-15-2008 07:35 PM

Only one Great Depression.

tony286 09-15-2008 07:44 PM

You're not being fair to baddog. He was a young man in college during that time.

RedShoe 09-15-2008 08:13 PM

Quote:

Originally Posted by tony404 (Post 14760605)
You're not being fair to baddog. He was a young man in college during that time.

Oh. LOL. I just assumed he was out and on his own, by then. Well, still.. he must have learned a thing or two from those days.

2MuchMark 09-15-2008 11:01 PM

Lollollollol!!!!!!

L-Pink 09-15-2008 11:15 PM

Baddog and date (she was a telegraph sex operator)


http://i227.photobucket.com/albums/d...Motorcycle.jpg


.

Bro Media - BANNED FOR LIFE 09-15-2008 11:44 PM

This thread title makes me LOL.

martinsc 09-15-2008 11:50 PM

Quote:

Originally Posted by L-Pink (Post 14761120)
Baddog and date (she was a telegraph sex operator)


http://i227.photobucket.com/albums/d...Motorcycle.jpg


.

:1orglaugh:1orglaugh:1orglaugh

Evil E 09-15-2008 11:52 PM

I never laughed so hard at a thread title.

Jarmusch 09-15-2008 11:55 PM

Quote:

Originally Posted by L-Pink (Post 14761120)
Baddog and date (she was a telegraph sex operator)


http://i227.photobucket.com/albums/d...Motorcycle.jpg


.

:1orglaugh:1orglaugh :pimp

Odin 09-16-2008 12:09 AM

Have a look at how intellectually challenged baddog is now, and ask yourself whether you really want to take his advice on what he learnt as a teenager?

Malicious Biz 09-16-2008 12:33 AM

http://www.malicious.biz/share/baddog/great-dep.jpg

http://www.malicious.biz/share/baddog/great-dep1.jpg

http://www.malicious.biz/share/baddog/great-dep2.jpg

RedShoe 09-16-2008 01:05 AM

Quote:

Originally Posted by Retox Josh (Post 14761159)
This thread title makes me LOL.

Mission accomplished...

BTW, I'm making a run on my bank tomorrow. I'm pulling it all out. I dunno what I'll do with it, but of the 3 major banks in my area, WaMu, WellsFargo, and BofA, only WaMu is taking a huge dump right now. They look like they could collapse any day.

commonsense 09-16-2008 01:12 AM

:1orglaugh

dav3 09-16-2008 03:08 AM

lololol pics

Due 09-16-2008 03:13 AM

Buy metals :upsidedow

BusterBunny 09-16-2008 03:18 AM

:2 cents:

http://img.villagephotos.com/p/2006-...orddiapers.jpg

OG LennyT 09-16-2008 03:23 AM

http://img.villagephotos.com/p/2006-...orddiapers.jpg

bahahahahahhahaaa

RedShoe 09-16-2008 03:34 AM

Quote:

Originally Posted by BusterBunny (Post 14761479)

BWAAAHAHAHAHAHAHAHAHAHAHAHA :1orglaugh :1orglaugh:1orglaugh

xxweekxx 09-16-2008 03:41 AM

hahah wtf this thread is fucking funny.lmao

Sarah_Jayne 09-16-2008 04:08 AM

Quote:

Originally Posted by L-Pink (Post 14761120)
Baddog and date (she was a telegraph sex operator)


http://i227.photobucket.com/albums/d...Motorcycle.jpg


.

:1orglaugh:1orglaugh

seeandsee 09-16-2008 04:16 AM

buhahahaha @ pics


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