10-06-2008, 05:08 PM
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Brigadier General
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Join Date: Jun 2007
Location: Where BIG is best
Posts: 2,517
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The buy out
Soooo in my skimming it didn't appear that anyone has really chatted this up... I am interested to know what ya'll think about the issues surrounding the buy-out and everything falling today.
Is it me or is it off that the public is blaming banks, other lending institutions, big businesses and not themselves for being part of the problem with this national crisis??? I don't think until we, as citizens, become more accountable that it will get any better. I really feel like if people would live within their means... quit gambling and justifying it as doing "risky investment" options... we'd not be in this mess.
Anyway... what are your thoughts... 
__________________
-Fireball
Army Wife and mother of 3
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10-06-2008, 05:14 PM
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Colonel
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Join Date: Sep 2005
Location: Chagrin Falls, OH
Posts: 1,868
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The over greedy American people are just to blame as much as the over greedy banks. The Stock market...I'm not happy, I invest about half of my assets in the market, but my stock seems to be sitting level, for the time being at least. It will bounce back, probably around or right after the holidays, I'm just not sure as to a specific date.
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10-06-2008, 05:19 PM
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Brigadier General
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Join Date: Jun 2007
Location: Where BIG is best
Posts: 2,517
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Quote:
Originally Posted by SniperAlpha1
The over greedy American people are just to blame as much as the over greedy banks. The Stock market...I'm not happy, I invest about half of my assets in the market, but my stock seems to be sitting level, for the time being at least. It will bounce back, probably around or right after the holidays, I'm just not sure as to a specific date.
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Right. My stocks haven't made any drastic changes... yes it will bounce back... however, I had to laugh at all the news people today. Trying to "calm" the viewers about the stock news but you could tell they were FREAKING OUT. I was like omgosh... THIS is why media is so annoying... just fuels the other sensitive stock holders/investors into freaking too... oh well... anyway... I am liking the cheaper gas that is for sure and I know that plays a huge part in building back the economy. Spend more at the pump - spend less every where else.
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-Fireball
Army Wife and mother of 3
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10-06-2008, 07:53 PM
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Colonel
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Join Date: Aug 2005
Location: Nova Scotia
Posts: 1,621
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Quote:
Originally Posted by Fireball
Right. My stocks haven't made any drastic changes... yes it will bounce back... however, I had to laugh at all the news people today. Trying to "calm" the viewers about the stock news but you could tell they were FREAKING OUT. I was like omgosh... THIS is why media is so annoying... just fuels the other sensitive stock holders/investors into freaking too... oh well... anyway... I am liking the cheaper gas that is for sure and I know that plays a huge part in building back the economy. Spend more at the pump - spend less every where else.
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Trust + Greed = the current state of affairs. 
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Humans, a renewable resource?
Bumble Bees Die to sting you
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10-06-2008, 08:21 PM
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Brigadier General
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Join Date: Jun 2007
Location: Where BIG is best
Posts: 2,517
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Quote:
Originally Posted by Common Sence
Trust + Greed = the current state of affairs. |
I don't think trust is as much apart of it as the sense of entitlement/equality people feel they have -and the false sense of security banks/investors gave people having those feelings.
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-Fireball
Army Wife and mother of 3
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10-07-2008, 03:53 PM
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Colonel
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Join Date: Aug 2005
Location: Nova Scotia
Posts: 1,621
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Quote:
Originally Posted by Fireball
I don't think trust is as much apart of it as the sense of entitlement/equality people feel they have -and the false sense of security banks/investors gave people having those feelings.
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My god, that's a tiny font there Fire.
So, Entitlement + Lies = the current state of affairs. 
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Humans, a renewable resource?
Bumble Bees Die to sting you
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10-07-2008, 05:18 PM
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Major General
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Join Date: Sep 2005
Posts: 3,333
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lEGALITIES
i DON'T FEEL THE NEED TO ANSWER ANYTHING IN THIS THREAD DUE TO THE nON pOLITICAL STATUS tHAT fIRWEBALL hAS SO FAR PRESENTEED IN THIS THE THREAD OF POLITICAL POLITICS , SEEING AS SHE IS NO DOUBT INDEED NON POLITALLY AWARE OF ANYTHING THAT IS IN ANY WAY POILTICALL;Y MOTIVATED BY ANY OUTSIDE INFLUENCE OF ANY DISCRIPTION WHAT SO EVER IN ANY WAY SHAPE OR FORM OF ANY DEGREE INCLUDING HER RECENT VENTURES INTO PREGNACY ...............
SIGHNING OFF BIG TIME sPIKEEE
hUGE KISS ON A WORRYING SCALE!!!!! 
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"If you're going through hell, keep going". Winston Churchill
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10-07-2008, 06:48 PM
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Brigadier General
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Join Date: Jun 2007
Location: Where BIG is best
Posts: 2,517
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Quote:
Originally Posted by Common Sence
My god, that's a tiny font there Fire.
So, Entitlement + Lies = the current state of affairs. |
I can go even smaller... but I didn't want to have to wear my glasses... I don't know if giving a false sense of security is lie in all cases... people just use their lusts/desires more than their brain these days. So when the sales pitches are going - the people are rolling in options they need to weigh or should have weighed more heavily.
My family was SHOCKED when my brother went to qualify to buy a home. He was living off student loans, a full time student and no job...his wife worked but makes less than $12 p/h and hadn't had her job for more than a year...so newly married and qualified for over $90k! Of course they never went near that mark when they bought their first condo - but COME ON... it is just crazy giving people the impression that they can have $90k without a job/job stable job history.
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-Fireball
Army Wife and mother of 3
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10-07-2008, 06:51 PM
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Brigadier General
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Join Date: Jun 2007
Location: Where BIG is best
Posts: 2,517
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Quote:
Originally Posted by Spike
i DON'T FEEL THE NEED TO ANSWER ANYTHING IN THIS THREAD DUE TO THE nON pOLITICAL STATUS tHAT fIRWEBALL hAS SO FAR PRESENTEED IN THIS THE THREAD OF POLITICAL POLITICS , SEEING AS SHE IS NO DOUBT INDEED NON POLITALLY AWARE OF ANYTHING THAT IS IN ANY WAY POILTICALL;Y MOTIVATED BY ANY OUTSIDE INFLUENCE OF ANY DISCRIPTION WHAT SO EVER IN ANY WAY SHAPE OR FORM OF ANY DEGREE INCLUDING HER RECENT VENTURES INTO PREGNACY ...............
SIGHNING OFF BIG TIME sPIKEEE
hUGE KISS ON A WORRYING SCALE!!!!! |
LOL - Yes, I am brinking on a threshold... branching out in my attempts to be ridiculed some more. So you have no thoughts on the bail-out??? Did you have a lover at FreddieMac?
__________________
-Fireball
Army Wife and mother of 3
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10-08-2008, 04:29 AM
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Lieutenant General
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Join Date: Apr 2008
Location: Arcadia (for now)
Posts: 4,350
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I have an idea...Why dont we all get 10 loans and 20 creditcards ...**** the credit companies dont pay them back...
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