AntiqFreq
Sunny South Florida USA
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Joined: 03/20/2003
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Let's just hope this trend keeps up!
Let's keep our fingers crossed the bail out works........
I am doing my part by leaving my money where it is.
I am NOT panicking.
I know our country CAN and WILL recover from this
financial crisis!
Everyone keep the faith - I am!
Jo
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Doug4.7
Hartselle, AL, USA
Senior Member
Joined: 10/02/2003
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You may keep your faith, but you won't keep your thread.....
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fickman
Fort Worth, Texas
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Joined: 07/09/2007
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Doug4.7 wrote:You may keep your faith, but you won't keep your thread.....
lol
2005 Chevrolet Silverado 2500HD Crew Cab SB LS 6.0L 4x4 4.10
DW, DD (May, 2007), DS (October, 2008), and me
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houtrz
Lake Jackson Texas
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Joined: 05/15/2005
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I have mixed feelings about the bail out. I'm 38 and by no means did I do it right from the begining. Divorced, credit so bad I couldn't finance a Band Aid if I was bleeding to death and a mountain of debt. Two years ago my wife and I decided to get out of debt and stay that way. It would take a long time but we listed a set of goals we're trying really hard to meet. Sold stuff we didn't need, stopped going to much and just buckled down. Then two months ago I quit my job and moved out of state to make more money, completely our list of goals way way ahead of time.
Fast forward to the "crisis". I was in a crisis myself but no one gave a rats donkey so why, why do I have to put my money, no wait, my daughters great grand kids money on the line to bail out these mortgage companies that shouldn't have loaned money to people to begin with.
When I bought my house, I pulled a little money from my 401k and saved up even more to get into my house, putting nearly 20% down. I'm hearing people that are buying a house with no money down then they get a chunk of money in hand to go buy TV's, furniture and so on. Why, why should I solve their problems when I feel like I did the right thing and I get nothing. Do I want something? No, but I feel they deserve nothing either.
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fickman
Fort Worth, Texas
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Joined: 07/09/2007
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houtrz wrote:I have mixed feelings about the bail out. I'm 38 and by no means did I do it right from the begining. Divorced, credit so bad I couldn't finance a Band Aid if I was bleeding to death and a mountain of debt. Two years ago my wife and I decided to get out of debt and stay that way. It would take a long time but we listed a set of goals we're trying really hard to meet. Sold stuff we didn't need, stopped going to much and just buckled down. Then two months ago I quit my job and moved out of state to make more money, completely our list of goals way way ahead of time.
Fast forward to the "crisis". I was in a crisis myself but no one gave a rats donkey so why, why do I have to put my money, no wait, my daughters great grand kids money on the line to bail out these mortgage companies that shouldn't have loaned money to people to begin with.
When I bought my house, I pulled a little money from my 401k and saved up even more to get into my house, putting nearly 20% down. I'm hearing people that are buying a house with no money down then they get a chunk of money in hand to go buy TV's, furniture and so on. Why, why should I solve their problems when I feel like I did the right thing and I get nothing. Do I want something? No, but I feel they deserve nothing either.
This was a good write-up, but it's going to get deleted b/c there is a reserved thread for these posts. I copied what you wrote and will quote you in the thread (it's stickied at the top of the ATC forum).
Economy & Bail Out thread
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