however, don't I feel silly having actually bought what we could afford, not buying every fancy car or Humvee or 4 wheeler or gone on fancy vacations because I didn't want to run up the HELOC or my cc.....
my, to just get what I could, to save, to delay purchases, to not buy that vacation home or investment home because it didn't feel right....
gee I could have had the govt step in and help me speculate up the ying yang and the wazzuuu..
I feel the same way.
Maybe, you won’t feel so silly, in a year or two. Difficult to say at this point, but clearly there are some problems down the road, to say the least. I’m not a doom-and-gloomer, but I ain’t gonna ignore reality!
Nor I. What is silly, however is that the valuation of my house has more than trebbled in seven years because of this glut of easy money. I didn't do anything to earn the money, I don't believe in free money, and don't believe I will ever actually see that. What I am seeing however is the semi-annual statements from the tax assessor who thinks it is easy money.
however, don't I feel silly having actually bought what we could afford, not buying every fancy car or Humvee or 4 wheeler or gone on fancy vacations because I didn't want to run up the HELOC or my cc.....
my, to just get what I could, to save, to delay purchases, to not buy that vacation home or investment home because it didn't feel right....
gee I could have had the govt step in and help me speculate up the ying yang and the wazzuuu..
Exactly and isn't Wall Street a gamble as surely as a Las Vegas slot machine is? Since when were investors' guaranteed any return? Shouldn't the investors and corrupt ones fight it out in court and with the SEC. And the Judge is right if Deutsch Bank did not offer proof they were the mortgage holder.
This is a bigger scandal than the Keating 5 but it is not getting the bad press. And think one of the Keating 5 is up for reelection. Are we slaves fools or what?