VMS VENTURES INC. VMSTF

RE: RE: Sorry Bucky....

[bucky32]

Quote: "We will have the shortest recession , if any..." 

That statement alone shows the true intelligence of the individuals on these boards.  Obviously CON you've bought into the media hype about a "harsh, but short correction".  What a bunch of drivel.  Washington just gave Wall St. a golden handshake to the tune of $750bn - nothing short of raping Joe Q. American to reward the same CEO's who masterminded the ABCP and Mortgage Mess.  The Fed has now pumped so much money into the world economy that the US dollar has almost no value - as it is a fiat currency and you expect a "short recession if any".  The indebtedness of the US is now so great - that the Debt Clock can no longer display the total indebtedness of the US as they now need to add another digit.

Ludwig Von Mises would laugh at the thought that government intervention in "free" markets would help smooth things out.  Mises was dead on when he stated that government intervention in unsound business practices does the exact opposite of what it is intended - rather dragging out and deepening market corrections - or in the case of the US - depressions!

There is no doubt in my mind that in the near future (5-7 years) commodities will be in full swing of a mania stage, but in the mean time - all worthwhile companies, including VMS are deep underwater and will be for the foreseeable future.