For our family business the reaction of the Credit Card companies (after they took government bailout money) to their customers was the final straw for us.
We are now in close-down mode. We are selling off our assets and we are drawing down our store stock and we will turn our once flourishing flooring business into a cash and carry remnant store until my dad decides to retire. Then we are done for good. We are selling off our properties and stocks and investing it all in CDs and bonds. My wife got a job with the government (at a ridiculously high salary for nothing more than scanning documents to PDF files) we will let them pay our healthcare Dental and Optical bills.
We have a bit of debt for the store but once we sell down the stock and sell of the properties we will have a small but adequate nest egg.
The wife enjoys the job but she doesn't need to work their if she decides she no longer wants to.
In Short we are shrugging.
I am building a small recording studio and I go out of my way to purchase "used components" for the project. Then once its done I am setting out to make music and videos that will expose the lying weenies in government and ridicule their plans.
Sorta of a Rock-n-Roll John Galt!
The credit card companies were all making changes in advance of the new rules congress made to supposedly “help” consumers.
“Sorta of a Rock-n-Roll John Galt!”
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