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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
When Nancy Pelosi a representative of California was recently asked if the Democratic party had any role in causing the crisis she answered “No” and went ahead to point blame to those in the Bush administration.
Now while I don’t like Bush’s policies I believe in facts, and have uncovered a report written almost a [...]
So I was reading through an article I found on yahoo found here:
http://news.yahoo.com/s/ap/20080920/ap_on_bi_ge/financial_meltdown
And ran into the passage here:
Democrats are pressing to require that the plan help more strapped borrowers stay in their homes and to condition the bailout on new limits on executive compensation.
Although I am a renter myself, and so is my family, but [...]
For once our government has passed the money from the poor to the rich without hiding any of the details.
It’s not about keeping people in their homes at all, it is about keeping the mortgage brokers, lenders, bankers, CEOs, and the board of trustees with jobs.
The reason why people are scared to buy houses is [...]
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