It is very disturbing to me that the government wants to use my hard earned money to bail out irresponsible homeowners. Don't get me wrong I don't want to see anyone lose their home but come on. What happened to people being responsible for their own decisions?
Would I like to live in a bigger home? Sure would, everybody would. The problem I have is many purchased homes that even my dog could have figured out they couldn't afford. Sorry idiots you should have known that when you make $30,000 a year you couldn't realistically afford a $300,000 home. It's not rocket science folks, we shouldn't bear the brunt of stupidity.
The gov bailing out Bear Stearns was a different story. Yes they are idiots also but to prevent a collapse of the financial system in this country, it had to be done. I'm not happy about it but being involved in what we're involved in, we should understand the ramifications if the idiots at Bear Stearn were allowed to collapse.
Gov-Stop bailing out idiots, put some responsibility back on the banks and the individuals who created this mess. It's time the Feds stop holding the hands of the morons.
Fiscal responsibility, something apparently the Feds and a lot of this country have no clue about!
Friday, March 28, 2008
Sunday, March 9, 2008
The Correction?
Recession or not? It really doesn't matter. Whatever you call it, it is in fact a nice correction to the economy. No economy can expect to have continuous growth quarter after quarter after quarter. It is a correction that in my mind is much needed.
People have been living way over their means for quite some time. Who doesn't know somebody that is or was in a house that you knew they shouldn't be able to afford?
It is inevitable that the market corrects. Whether it be housing, stocks, forex, the market must always correct itself. In essence, the market is resetting itself. Will there be pains? Most certainly . Is it the end of the world? Not hardly. Buckle down, it will be a bumpy ride.
We are close to the launch of a new cheaper version of The FXGrail. Will it be as powerful as the original? No, the original is the complete program that I trade. It will however be a very powerful method/module that will make a lot of people a lot of pips. It's a scaled down version of the very popular FXGrail. More on this later.
People have been living way over their means for quite some time. Who doesn't know somebody that is or was in a house that you knew they shouldn't be able to afford?
It is inevitable that the market corrects. Whether it be housing, stocks, forex, the market must always correct itself. In essence, the market is resetting itself. Will there be pains? Most certainly . Is it the end of the world? Not hardly. Buckle down, it will be a bumpy ride.
We are close to the launch of a new cheaper version of The FXGrail. Will it be as powerful as the original? No, the original is the complete program that I trade. It will however be a very powerful method/module that will make a lot of people a lot of pips. It's a scaled down version of the very popular FXGrail. More on this later.
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