Re: Mad, But Goin' To Make Hay

Posted by NE IA on July 14, 2008 at 08:01:22 from (12.214.15.90):

In Reply to: Mad, But Goin' To Make Hay posted by Allan In NE on July 14, 2008 at 02:01:22:

I get a little upset when I hear how stupid our kids are buying more than they can afford if things get bad. Times are bad now and we all point fingers. Our government is going to step in and help the kids out no doubt----or will the actualy help out the bankers? My question to all of us is this. What would have happened if rough times would have smaked us in the butt? Not the rough times we thought we were going through. Yea we all lived beyond our means, and guess what ---that is why we own alot of property, big houses, and have money for vacations, and money in the bank for retirement. I have none of the above, but we lived in good times, and we still have the cohonas to say it was all hard work and good managment. Inflation made us money because we bought the next farm when we figured we could afford it. Yea well, how many of us paid cash? We borrowed money, and as long as things kept up the pace we were ok. Yet if all heck would have broken loose we would be just as bad off as these young kids are now.

I have kids as also, and I just shake my head, but they are trying to get ahead with their --if you will--INVESTMENTS---like dads house that has increased in value every year, why wouldn't theirs? Almost everything dad bought made him a profit so why should theirs be any different?
Grandpa lost the farm, not because he was a poor manager, and did not work hard---poor timing was grandpas problem, just like we are headed for now.
Anyone buy a 4020 new, and traded it in for more than they paid? What about the old M's ? They are almost worth what you paid new for them. GOOD MANAGMENT ???? OR luck?

I'm not a DEM, but even I have to admit I kinda see why our gas prices are up. No one can be trusted in the white house, and I don't discriminate against any party--they all put their pants on two legs at a time. (actualy they squeeezzzzzzz into them with the lobby beasts)

Now let me ask if the whole economy breaks in half as it kinda looks like could happen,---what will happen if we want to sell our homes for our rest home bills etc. and our homes have no buyers? We may be up that famous creek with everyone else.

Who is to blame? Well you are for crying out loud-----Never let any politician get a second term and we could break Washington, and make the house white again.

Replies:

• Re: Mad, But Goin' To Make Hay Lanse 09:18:30 07/14/08 (0)

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