The F Bomb.
F+++, you know, the word that sounds like yuck with a F sound. I have been saying that a LOT lately.
Friday I was discussing the state of our country, indeed the world, with my honey and let slip the M F word...honeys surprised look was something I should have expected, since I rarely say things like that. I retreated to my home office and started crying. He caame in and we talked some more...its like everything we have worked for the last 20 years is POOF, gone. our IRA, 401 awiped out...our home equity is none, we actually owe more than its worth now.
I had planned to retire this year or next, maybe work somewhere or for myself on a part time basis, instead i will probably have to work for another decade...maybe longer. Then I think of our daughter...her husband is a carpenter, and has not worked full time in weeks. She is working and paying all the bills while he tries to find work, often driving across the state to work a week somewhere and then come home. They delayed having children, and now its doubtful they will...they are both convinced it is a bad idea to bring a child into the world as it is now.
All too much for me right now, so i am taking a news break. Look for my new blogs to be about more simple stuff, i dont want to think anymore. I want to be like the rest of America...clueless.
I have to say I have enjoyed your opinions on PH's site on religion or lack there of. We share many of the same thoughts on the subject, except you are much more informed. Thank you for the information you have provided. I think the state of the economy will be bolstered in the next few years. Obama and "all" will artificially (if nothing else) bring the market back to a reasonable level. He wants to be re-elected. "They" say the market will get back to the 10k mark and if it breaks through that level then we could be in good shape. If it can't get past that resistance, then people will bail. There are some stocks that are good potential buys and worth the risk, just look for them.
ReplyDeleteThe other day , actually a couple of weeks ago, i spent some time researching on my own, read a lot of online references, and zeroed in on American Express and Coca Cola, both of which have made gains since. I mostly lost money on Washington Mutual and GM. Most of the GM stock was bought back when they were averaging $38 a share, and i just never sold when i guess i should have.
ReplyDeleteI really dont know if Obama is doing the right things or not, but this is America, and i really think we tend to blunder along and still do fine. We survived Nixon and Carter; so i guess his adminstration is too early to know for sure whether he will emerge as a good president or so-so...but he definitely wants 8 years as president.
Then he better shape up. He's done a lot of closed door stuff. You might look at Ford. They are not taking bail out money so my guess is they will bounce back. They have never been as good as GM but they were down so low the bounce might be a really good one. Check them out.
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