BANRO Corp (BAA)

Bush has totally screwed up the American and world economies. Hard assets in the long run are the only values that will survive his ineptness and will decline in relative value along with everything else. Remember his dream that every American have a house to call home? Now every American may face the strong possibility of a foreclosure and his or her savings being wiped out in bank and brokerage failures. To begin it all, he encouraged ARM's and tied the interest rates to the LIBOR rate which the federal reserve cannot even control and which operated in a higher interest ratge environment. Then the federal reserve for many months raised it funds rate and added to the acceleration of interest rate increases. The purchasers were suckers. Then start a war needing increased borrowing by the government and guaranteed to accelerate world oil prices, which benefitted Bush's friends enormously to the extent that even temporary oil oversupply does not even reduce the price for fuel. Watch the dollar fall, picking the pocket of all Americans not having savings in foreign denominated savings. Then make the bankruptcy process much harsher, to squeeze the last penny out of destitute borrowers. This, my friends, is the Bush economic miracle at work. The American bubble has burst.