Saturday, October 4, 2008

Will the bailouts end?

So Congress has passed the bailout. Now they are already talking about the next bailout..that of the homeowners. Just when they get done with the first bailout they say it won't be good enough. They say we will have to bail out all the homeowners who are in trouble with their mortgages because unless we do that, the housing market will never recover. Wow, what a mess we are in. It is amazing that the govt was just telling us a couple of months ago that the economy was strong and resilient. Apparently not. We citizens are going to have to be a little smarter in the future and not buy all the baloney that the govt is feeding us. If it seems to good to be true, it probably is.

No comments: