In 1929 the USA fell into a deep financial crisis due to its dependence on industry. Now we have come to a point where we are so dependent on credit and loans that if we don’t have it, we will not survive as a society. As we hold our leaders responsible to fix this economic meltdown, do intrust in them the sensability of knowing that a country that is in debt due to loans from credit cards and failing banks will not bring us back from the depths of bankruptcy.  

How do we keep from going down this same path of bailing out the lender so he can continue to suck us dry from its deception of a better life due to loans and credit?

What if we loan 700 billion dollars to the banks and we the people still struggle to pay our bills due to financial hardships in the home. Then the banks still are not able to repay the loan from us, since it is our money they are borrowing, and they still go bankruptcy. 

The Auto companies are so eager to borrow money so they can make it another year. Let’s put this in to perspective, if you had a child and they mismanaged their money for years, would you loan them money, or try to figure out why they can not do with what they have? God knows I do not want to see these companies go under, we need to find what the problem is so they can survive in this different world. A temporary fix will not help in the long run.

To the companies that are going out of business without help from the Gov’t, sorry, seems they seem to think that if they bail out the banks you can just go get loans to try to stay a float. Why not give you the same attention if you have one or fifty thousand employes, yes there are differences in how these companies run, we need to still remember we are in the USA and that no matter what we need to help all the people, not just big business.  

My son and daughter will have to clean up a mess created so that a few people can have lots of stuff. How sad is it that we could not learn that so many more people in this life could prosper if we could teach our young how to work together in order so that everyone could have everything they need to live this one life. Not that we over indulge, but everyone live a happy life.

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The Dow went over 13,000 again as the Federal Reserve hints that it might lower interest rates. Last night I was telling my wife that it is time for a recession; America has invested in companies that are full of liquid for way to long.

Gambling For Dollars

Where’s the safest place to invest my money in these troubled times? Have you heard the expression don’t put your all of your eggs in one basket? This is good when you have a booming economy, right now it might be a 75, 30 split when dividing my eggs. With the stock market, it truly is a gamble. If you invest in something that suddenly has a problem, that stock is surely to go down. You might be thinking that it takes a risk to get a great reward, this is true. When you invest wisely, wisely meaning that you do your homework, you can take a risk based upon calculated studies. That is different than leaving all your money in a stock that has given you indications of falling returns.

Safe Haven For My Money

So I take 70% of my eggs and take them to a safe place, where is that? CD’s give a decent return, with out all the risk; Treasury Bonds give some safety as well. Go to your bank and ask them what some investment options they offer are and what is the percentage it will return over the years you want to invest.

Money To Burn

When times are good this is when you can put your money in some high risk investments and either watch them grow or watch your money go up in smoke. This is the nature of the beast.

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