Posted by Kelly C on February 08, 2009 at 05:40:47 from (75.161.214.29):
In Reply to: Stimulus options (OT) posted by stimulated on February 07, 2009 at 17:23:55:
Option C non of the above. I have no faith in these dumb arses being able to even find their arse with both hands. If they were 1/2 as smart as they think they are. Why are we in this problem to begin with?
All they all are is a bunch of number pushers. Their whole world revolves around spread sheets. They are just looking at trends following the curves. yet for all the knowledge they have they had no idea what was happening in the housing industry? D'oh!!! Heck even the dumbest roofer knew somthing was not right. I was out there working my butt off wile all these new subdivisions were going up. Who is buying all these houses? $350,0000 for a house? My wife and I both work good jobs and we cant do that. So you got $2500 mo house payment, $500 mo new suv and $250 for the 2nd car. $75 for tv. $30 phone. $600 heat bill in winter. $10,000 on credit cars. Most of those also had a $10,000 boat and a $6000 atv and food. Now all these guys driving 50 mi to work. Gas hits $3 BOOM!!!! Hang on for the ride down.
Now for all those who are left. They are hanging on strapped to the brink on a two income house hold. But making it. Now one of those incomes is being layed off. Round two is starting.
Going to be a long wile for this problem to be fixed. Millions of people have to lower their standard of living to what they can actually afford. All the wile more layoffs for those suporting the excess. Pumping a few bucks into the economy wont jump start that. The only hope is they can set the bottom and stop the downward spiral.
All caused by GREED..... Pretty scary stuff. I suspect most who still have jobs are doing what we are. Paying down debt or saving.
Unfortunately we are not as prepaired as we should be. Still owe to much. I can see my Grandpa looking down at me from heaven shaking his finger. See told you you dumb arse. You thought I was full of crap. Sorry Gramps.
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