Where's My Money?!

Cody, The majority of your cash is in China and Japan; and, your assets are really underwater-- many Americans don't realize this yet. As long as the personalities in the media continue to talk about the low cost business model as the only viable investment today, our business future will be a wasteland. The US can no longer consider a viable economy to be based on consumption with the majority of production off-shore. In the semiconductor business, I have lived this business model for the last 30 years and have seen the whole industry boom to today's near bust. Instead, we need to create more production in the US with creative financing. How do you think ASIA was able to takeover this business? Offshore cheap labor, by the way, is low on the list of reasons in the high tech industry for continued outsourcing today. With the current business models, the US has become a paper tiger. Unfortunately, I fear the economic professors and advisors are too old to change and get us on the right path.

What a bunch of mess. I see two things. 1st thing is a bunch of you need to learn how to type. Go to Wal-Mart and buy a typing tutor program for your computer. This will put money into the economy. 2nd thing is learn to live with out credit. Check out a few sites like Dave Ramsey's site (he has a show on Fox Business) or NCN (No Credit Needed) blog. Anyway, learn to live below your means, find fun things to do that does not cost tons of money and enjoy life as it was meant to be.

If the banks can borrow from the fed at 1% why can't they lend a 30 year homw loan at 6% and be satisfied with a 500% return on investment?

cody this counrty needs to wake up and take back what was once the strongest industrial country in the world. We allow our govt to give money to all these business to stay afloat but in the long run we are paying for this. Listen this whole problem started with the banks giving out mortgage on over inflated property. Its like giving a mortgage of 300,000 on a shed on some ones property. Banks make their money on principal they fig if you couldnt afford it they would be able to sell it at a higher price make their money and move on. This bubble finally burst. These banks are now asking for help get real.Listen if I told you the stove is hot and you grab it and burn hand you will learn not to do it again.But im not spending money to buy you a set of oven gloves so you dont burn youself. What im trying to say is the banks in their goal of greed got burnt now they are asking for money for a pair of gloves. Hey touching a hot stove hurts doesnt it. Learn and move on but dont ask me to help

Cody, just sent you an email-my quick calculation was wrong-profit would be $1650 for one contract and 10x for 10 contracts-still plenty JR Carpentier, M.D.

Someone told me it took something like 400 years for the Roman Empire to disintegrate,I guess being in the computer age it would not be unreasonable to expect a similar disintegation to occur in perhaps 1% of the time, or 4 years.Rather than ask the question, where,s my money, the real question should be "where,s my country"

AS POGO said "I have seen the enemy and he is us" Who are the idiots who keep voting the corrupt politicians back into office? US or at least our neighbors!!! The horses are out of the barn! Electing a fresh group of politicians may be the only way to obtain relief. It will take them some time to learn where the real money is!! One of my favorite comments from the founders of this great nation. The greatest security against the introduction of corrupt practices and principles into our government is to make [Congress keep] ... public expenses down to their minimum. --Thomas Jefferson

I am just happy to be working overseas and not have to pay taxes this year.

Cody, great idea. My only concern is the pressure you will receive. Let's face it, you're going after very powerful and weathly people. They don't generally like someone exposing their corruption. Stay tough and 'tell it straight' PS: watch your back!

money (paper with ink on it) is not being transfered, only numbers and promises on the backs of tax payers.

Banks make their money when they loan (mortgage,car,credit card) it to you. How is your going further into debt help you? Especially in this climate. Here's a crazy idea. Stop living on borrowed money. Why not give that 700 billion directly to the taxpayers? At least most of them (not me, of course) would blow the cash in a heartbeat. Instant economic boost. The lack of responsibility and accountability in DC is unbelievable!

Don't forget those 2 Independents in the Senate, Code-ster! ;)

I'm still shaking my head in disbelief. How do the banks get away with not lending? Is there no one in government that can force the issue - or is it that just don't want to do this? Hard to believe Paulson is a financial guy as he operates more like someone from HR (no disrespect intended). Why would anyone give money without some rules - no reason that I can think of unless they want to screw the tax payer. If that's the case, they have succeeded.

Just occurred to me. Seeing 'Trillions' It is true to some degree, as you print more, it can be that it is worth less. So to enumerate the dollar does have an event horizon there before it's just not worth anything. More is less sometimes I suppose. Just picture Nigel's voice from Spinal Tap perhaps. No, really, you don't see it do ya, more is less. that's right. Oh well. Maybe that group will put out a public statement on the financial situations globally as they did in year 2000 for .com and round 1 venture capital funding, the Tap stated they were told NOT to actually HAVE a product, because you could get more venture capital for a startup in 2000 for the '.com'. Was a great absurd reference to the insane startups and money dumped into brainless ventures just because it was through the 'eeeeenternet'. I like Bush yest. "No big changes to the system, just more of the same" and then euro nations "Would like to move on to Bretton III" I'll go with the Swiss suggestions over Bush's offering of no change any day. I can see it nwo, er typo, NOW, 36 hours from now, toasts to the Uno... ????? I'd say what the hey, sure, one global currency, fine with me. consolidate on taxes internationally even ? sure ITO never took off, but maybe ITO dressed up for a banking convention could work. Way I see it, Paulson's racket is looking more like the old Goldman Sachs, and we all know what happens to all investment banks, they turn into banks. So I ask, how long will it be before Paulson runs risk of crashing his entity he'll be managing so I hear he's taking up in 2009 ? "That's the nation state car maaaayahan... Maaayaan Paul, you crashed the nation state car, tax payers gonna flip out when they" Says the passenger. Either way, I see Paulson's experimental fund here turning into a bank, just like all the others - eventually. I could be wrong, just intuition.

I didn't read the article yet. but I bet some of the money is in Dubai.

I love me some fed money!

Hey Cody, I downloaded and filled out the application to get me some of that fed money there scamming from everyone else. I will let you know if I get a reply. :)

Cody, that's a really good question! Where the heck IS my money? It's certainly not in my 401k any longer!