Thursday, September 25, 2008

On The Economy

now, I know, i'm not terribly smart. Especially in terms of money. I don't really understand what goes on on wall street or day to day at a mortgage bank. I don't really now exactly what they are all talking about.

But one thing i do know, if you don't have the cash, you can't afford it. If you only make $2000 a month take home capital, you can't afford an $1800 mortgage. So here's me; subscribing to a pretty sound economic policy, While all of the rest of the country, the money boffins, and the presidential administration en masse, were involved in this horrible and delusional vortex of business and even life on spec.

i'm really sorry, but I'm moderately hacked off that the people whom i entrusted to run the country and its finances didn't see this coming. I've been living within my means since i moved out on my own four years ago. Why the fuck hasn't everyone else? could it be because the ringleader of the current administration is short sighted?
It's human nature to for people take the lead of those in charge; and it's little wonder we became a nation of spenders and squander.

Over the years i've made a practice of saving and saving for major purchases. I've become more smart and logical about how and when i spend my money. I make informed decisions, and i do not by an Audi if i can only afford a VW. But the rest of the country seems to have been transfixed by The Precious.

People like myself, and joe schmoe iowa corn farmer have a lot to be hacked about. We are paying for people who had unrealistic financial ambitions. While it's immensely too bad they've lost their shirt, it's an absolute travesty that i should have to lose mine as well. I'm not above helping people, but i do have to express my complete and whole dissatisfaction with those who initiated, exacerbated, and are right now perpetuating the problem.

I'm not at all sure about this buyout program, and truthfully, i would like a debate to take place to help explain it to me. For the past six years we've had a smoke and mirror economy, and it's time for some transparency. Now is not the time to postpone a debate senator McCain, now is the time to lay your cards on the table. Show me what you've got, because if you think for one minute that I'm going to vote for you simply because you talk about change you are wrong. I want to know what you plan to do- break it down for me, simple economics style.

1 comment:

MoSchu said...

Here, here!