Archive for the 'Rants n Raves' Category

Like Dinosaurs The Big Three should be Extinct

Friday, November 21st, 2008

Today I am writing this with much anger as to the fact that The Big Three auto companies, Ford, GM, and Chrysler may actually get a bailout loan of $25 Billion dollars when Congress resumes their hearings on this situation in December.
If these guys do get a bailout based on a proposed plan that they [...]

Borrowers if you’re in Distress, you have to help yourself

Thursday, November 13th, 2008

My buddy Anthony over at Your Mortgage or Your Life wrote an eye opening article that serves to benefit anyone whose a distressed homeowner out well.
If you’re in a situation where you may lose your home or are just interested I recommend that you take a read.
Message to Distressed Homeowners at Your Mortgage or Your [...]

How the Treasury tricked us into accepting the bailout

Wednesday, November 12th, 2008

This must have been how Congress was like the final days before the $700 billion dollar bailout bill was voted on. As you can see they just didn’t want to trick us and give us the wrong math and bad numbers. But if its presented clearly enough to us, of course we’ll approve it right? [...]

The Shallowest Generation - Seeking Alpha

Friday, November 7th, 2008

http://seekingalpha.com/article/103202-the-shallowest-generation?source=article_sb_popular&ref=tranharry.com
Wow that has got to be one of the best articles I have read in the past 3 months. One that tells it like it is, and gives it without holding anything back.
I agree on many points, the borrowing, the living beyond the means, the keeping up with the Joneses. It is all so very [...]

Congratulations Obama

Tuesday, November 4th, 2008

I would like to congratulate Obama on becoming the 44th President, once those electoral college votes from the West Coast get tallied up it will be without a doubt that Obama has won and clenched the seat. Now that that is done, I don’t want to rain on Obama’s parade but really, it is time [...]

This Halloween may look skimpy

Thursday, October 30th, 2008

It has been said that our future generations will bear the burden of todays decisions, decisions such as over borrowing and not saving enough have contributed to the national debt that one day must be paid.
But that one day may come sooner than most think, tomorrow after all is Halloween, a great day for children [...]

Is Home Ownership A Want or A Need?

Thursday, October 9th, 2008

Let me make my case, than you can decide for yourself. While this is definitely true, people have been succumbed into believing that by owning a house they will live a richer more fulfilling life.
My own parents were immigrants that came to this country 20+ years ago and have worked hard at their jobs in [...]

Consequences of a bailout

Sunday, September 28th, 2008

I am sure we all know what the consequences are of not getting the bailout. Out congressman tell you the consequences all the time to get you to believe that this is a must.
But I don’t believe this is a must.
Here is one situation I see from this bailout that will still allow it to [...]