so uh how 'bout that stock market today?

[Ed B]

Ben, Glad to see you're keeping your eye on the ticker today rather than funnin with guys on the other site. Somehow I have this vision of you right now sitting in a chair on a Wall St sidewalk eating popcorn waiting for jumpers though. After the banking troubles we had in 1990-92 I'm really surprised that they could have allowed so much easy money this last go-around. Thanks Alan Greenspan
So where do we go from here? Any word on the street on another banking blowout?
Ed

[Fishpart]

I have time on my side, just recoverd from the recession that started the day Bush took office .....

[wheresmy50]

Inflation is near 20 year lows. Unemployment is between 4.6 and 4.7% (near 25 year lows). Taxes are at 20 year lows.

Bush's recession is killing us all.

I guess it's Bush's fault people decided to buy houses they couldn't afford.

God forbid there would be a little personal responsibility in this country. I'm waiting for the TV commercials of lawyers recruiting people to sue their banks for lending them money.

[fishpoopoo]

Originally Posted by wheresmy50

Inflation is near 20 year lows. Unemployment is between 4.6 and 4.7% (near 25 year lows). Taxes are at 20 year lows.

Bush's recession is killing us all.

I guess it's Bush's fault people decided to buy houses they couldn't afford.

God forbid there would be a little personal responsibility in this country. I'm waiting for the TV commercials of lawyers recruiting people to sue their banks for lending them money.

1. unemployment figures might not be accurate. DOL's methodology is a bit ... creative.

2. it's not Bush's fault that people decided to buy houses they couldn't afford - it's Alan Greenspan's.

[Nebe]

Originally Posted by Bassturbed

2. it's not Bush's fault that people decided to buy houses they couldn't afford - it's Alan Greenspan's.

you beat me to it..

[Raven]

i was reading that due to the high foreclosure rate

property values will continue to fall

and there will be a surplus of 500,000

homes for sale with nobody to buy them.

[JohnR]

I just got my house tax assessment evaluation today. It went up 25 % from 18 months ago though my house is probably worth slightly less than at that peak. The re-evaluation 18 months ago was double that from 3 years before. Yep - taxes are cheaper and out pacing inflation, as just about every other bill from utilities to medical... Now I need another job just to afford this, not because I'm getting laid off