Tuesday, October 14, 2008

The blame game

Since people love to point the finger when stuff goes badly so here goes. Where can we point the finger? Most scream either wall street or main street. Which don't get me wrong they both plaid a part in this. I mean its never good when you just make up profits, ok that's not true.
In the beginning it looks really good. Hell people thought Clinton was a genius, because it was the first time ever the Dow broke 14,000. Well of course it does when you make up how well you are doing. That's ok it was not Clinton's fault, really he did right by his country. No the real truth it seems from what I can see is that we are all a little t blame. OK, maybe not all but pretty damn close.
First up like I said when you just make shit up it will come back to haunt you. Plus no offense to anyone making around ten a hour. (I'm right there with you guys) we are not the house owning types let's be real. To own a house might be your dream, I know one day I may like one myself but; with all the do you really think ten a hour will cover everything? You have a mortgage (rent) power, water, sewer, net and whatever you might need. Plus lets say you make enough to cover this, one thing goes wrong and boom you are back in major debt. So no, maybe we should be smarter and take some personal reasonability.
Then came the lenders that gave you the reach around saying its all good. They may be a little slow but they all cannot be out to lunch. They know how much you make, hell they can up how much you make a year and how you spend it faster than you can. So yeah they also are to blame big time.
Now the last group, well I don't one needs to do a drum roll. No surprise here the last group is those we elected into office. I know its a real shocker that I blame the government. Now I'm not going to whine and say they should have stopped the banks, and told us what is right and wrong for our own good. No, my issue is running two wars at once for what is now coming up on a decade. We are nearing eight years and still no Osamma just saying. Anyway, they have been spending cash likes it's going out of style. Ha, ha guess what? When spend money like it's going out of style it will in fact go out of style. So what does this mean? Well it's to late to turn your money into Eros that thing that now runs the world. You will have to improvise. Or just admit defeat and never leave the U.S. because you can't even afford to get to the borders to Mexico or Canada.

No comments: