Last thing-if the idiots on TV keep calling this economic stability plan a "Wall Street Bailout" then I think I might scream. The plan currently does much more for "Main Street" than people know. First, it will help rework mortgages to slow the rate of foreclosures (you can decide if that is the gov's job or not). Also, if you noticed the Dow down 777 today then you understand how this seizure of the credit markets and the lack of ability to lend by the banks is causing your 401k to struggle. If the company you work for can't afford to borrow, then your job is in jeopardy. The plan is not a bailout of "Wall Street," but it is necessary to stimulate growth in our economy and prevent a widespread panic in the market. America needs credit to function and regardless of how screwed up that is, we need to pass this plan and quit the political grandstanding in order to stimulate the economy as a whole.
Monday, September 29, 2008
The Nursery
Mary Beth and I are struggling with our first major baby-related decisions-what furniture to get for the baby's room and what jogging stroller we should buy. I have to say that I am probably the pickier of the two of us and I am having some trouble agreeing to the all-in-one baby room from Wal-Mart, but when I see the tuition prices for MBA programs, I think the Wal-Mart furniture is looking pretty good. :) However, I am not convinced that I can opt for the cheaper alternative with regard to the jogging stroller. The "BOB" stroller is the cream of the crop and I think we might end up with an orange one. Check it out. Pretty nice, huh?
Last thing-if the idiots on TV keep calling this economic stability plan a "Wall Street Bailout" then I think I might scream. The plan currently does much more for "Main Street" than people know. First, it will help rework mortgages to slow the rate of foreclosures (you can decide if that is the gov's job or not). Also, if you noticed the Dow down 777 today then you understand how this seizure of the credit markets and the lack of ability to lend by the banks is causing your 401k to struggle. If the company you work for can't afford to borrow, then your job is in jeopardy. The plan is not a bailout of "Wall Street," but it is necessary to stimulate growth in our economy and prevent a widespread panic in the market. America needs credit to function and regardless of how screwed up that is, we need to pass this plan and quit the political grandstanding in order to stimulate the economy as a whole.
Last thing-if the idiots on TV keep calling this economic stability plan a "Wall Street Bailout" then I think I might scream. The plan currently does much more for "Main Street" than people know. First, it will help rework mortgages to slow the rate of foreclosures (you can decide if that is the gov's job or not). Also, if you noticed the Dow down 777 today then you understand how this seizure of the credit markets and the lack of ability to lend by the banks is causing your 401k to struggle. If the company you work for can't afford to borrow, then your job is in jeopardy. The plan is not a bailout of "Wall Street," but it is necessary to stimulate growth in our economy and prevent a widespread panic in the market. America needs credit to function and regardless of how screwed up that is, we need to pass this plan and quit the political grandstanding in order to stimulate the economy as a whole.
Tuesday, September 9, 2008
First Blog
This is my first blog. Just checking to see if it works. I am excited to share these exciting times with all of you. Thanks, in advance, for reading. I will try to keep it interesting.
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