ALRIGHT. I'm back.
B has been on my case about my lack of postings, and he's right -- I've been terrible. And I've dearly missed all 1 of you readers out there. But while I hate to come back to the blog world with a mini-economy-rant, that's where my mind's at right now. So let's do this, Tesserz -- but keep it short and sweet.
Now, to be fair, I am not the leading authority on the economy, believe it or not -- I leave the aneurysms to Jim Cramer. BUT, I do know a few things, and here's what they are.
1. The bailout would help temporarily, but our economy is in such general bad shape that much more drastic changes need to take place. The bailout's like a band-aid on an economy that needs surgery.
2. This current situation is what happens when people get greedy and/or thoughtless ... it catches up with you. People in our country think that they can buy things when they don't have the money -- that's why credit cards & leases & "no down payments!" exist. You have to be careful out there. And when most of the country isn't being careful, this is what happens.
3. The bailout would put private businesses in the hands of the government, and Karl Marx would be proud (<-- great article). I think we all know how communism works. It's a good idea -- actually a GREAT idea -- but impractical and oppressive. Let's keep this free market a free market.
4. I was talking with my parents about this situation, and my mom, who used to work in the stock market in the 80s, mentioned that the Dow Jones was around 2,000 points back then. If we went up some points, it was good -- if we went down some, it wasn't a huge deal. But now, our greedy economy has grown into an average of 10,000 points ... so maybe going down 700 points is actually not a bad thing. If everyone is willing to take a few cuts to make up for our behavior, we could get back to a healthier economy.
It's funny -- When people have more, they are less willing to give any of it up. And they freak out & look for a quick-fix if something goes slightly wrong. Maybe we could all get used to having a little less, and we might all become more level-headed people.
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1 comment:
You, TO'C, are like a miniature Buddha, covered in hair.
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