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View Full Version : [VIDEO] Jacob Nordby breaks down the Financial BailOut Plan (7 min)




purplechoe
09-26-2008, 11:37 PM
Show this video to those thinking about whether the bail out is a good idea or not. He has a phone # listed at the end for advice and just wanted to mention that I'm in no way affiliated with him. :) I just think he gives a very good breakdown about what's going on and what will follow.

Pay off debt, save some cash (gold), hold one to your ankles. :eek:

http://www.youtube.com/watch?v=ze-gBznfJT8

JacobNordby
09-28-2008, 08:09 PM
Hey, PurpleChoe

Thank you.

I have watched Ron Paul from afar--the marketing here in Boise (inexpensive, hand-painted signs...old cars painted with his slogans...) is brilliant.

Then I spent time watching him on YouTube. Very fascinating, intelligent guy.

Best regards,

Jacob Nordby

kathy88
09-28-2008, 08:35 PM
Welcome to the boards, Jacob. Well done.

ShannonOBrien
09-28-2008, 10:30 PM
That was very nice of him. I'm not so sure about paying down all your debts and saving though. If your interest rate on your debt is lower than inflation, you should only make the minimum payments. You can save more money that way. If you save and your savings rate is lower than inflation, it will get eaten away. It is very sad that our country is in this kind of state.

shadowstats.com has the real inflation numbers