Dow Jones Is A Joke

Is Your Money Safe
After the markets hit there low did we ask ourselves the question, why did it really get so low. Now before I get in to this I want everyone to know that everything said is just this bloggers opinion. There are way to many people who have put their money into the market for me to sit back and act like I really know what I am talking about. The main reason for writing this article is to see if there is anyone out there that thinks the same way I do, and if so then I would love to hear from them.

The Government Bail Out
When the banks started to fail the answer was to give them money so that the businesses that bowerowed from them could still keep getting loans. This was supposed to keep the people from lossing their houses and bussiness from closing their doors. When we now have time to look at what has gone on after the fact can we honestly say that the money when to people or to the bank CEO who thought he might get messed over on his bonus. When someone files bankruptcy are they asking for a bail out, yes they are. They either pay it back or have everything taken away from them so they can start over.

Starting Over
As a country we have had many people from many lands come here seeking fortune and fame. This is a great place to be if you are allowed to try and fail and do what most of us people do when we fall on our face, start over. This is what makes us strong as a person and as a country. We can bailout the companies that we say are to important to the country to fail, and if we do they will not be able to fall on their faces and star over. Then the government would say that we can not let the banks fail due to the notes being held on loans for houses and such. On this I say let those notes go up in flames as did the business. If I loan my Uncle $20k dollars and then me and the whole family die in a plane crash, so does the loan. He is free of the debt.

The Truth About The Dow From My Point Of View
Ok here it goes, if the Dow dropped to it lowest point and has recovered really fast can we not ask our selves the question where is all this money coming from? If the economy is doing bad, then who is buying the stocks? The Government pumped all this money into the market and after a lot of us got back on our feet we started to buy stocks. So now that we are buying stocks, when will the fat cats trim the fat from the top of the Dow and leave us, and when I say us, I mean the common folk who has not a clue when they are planning to scoop out our money and let the Dow plunge the way that it should. Why are you putting your money back in to a market that you know has no reason to be at the levels that it is at. Buy gold for heavens sakes. At least these prices go up because they know that the Dow is a joke and one day the dollar is going to spit at us.

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2 Comments • Posted in Political

2008 Depression Or Correction

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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1 Comment • Posted in Family, Money, Political, Talk

The Next President Of The USA

 Do you know who is running? Do you care about the future of our country? Prove it, let’s hear your thoughts on the election…

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1 Comment • Posted in Political
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