Confessions of a very
Ok… so this whole financial crisis? Of course I don’t WANT the entire economy to collapse. I don’t want my 401k to become totally useless, especially as I’ve really cranked up my contributions in the few years. But in some weird, sick way, I’m sort of satisfied in a “I told you so” kind of way. Years ago, I lived in DC, where keeping up with the joneses was really a full time job. Everyone had a to have a bigger house than the person next door.. a more expensive car… fancier gadgets. I watched my sister spent waaayyyyy too much on a split level house in the burbs and me and J said “fuck this.” It was totally ridiculous that people making 40K a year get approved to buy a 4000 square foot house… or feel the need to. Let’s face it.. .75% of america is living above their means. why? Because they don’t know better? Because banks loaned them money, so that means they must be able to afford it? Because the government doesn’t have enough regulations? Let me ask you this..when did common sense become not so common? I mean, I’m not all that bright. I get by, but math and finances aren’t my strong point. And yet, I still somehow know that on 40K a year, I can’t afford a $2000 a month mortgage. Right? It’s just common sense. So as I was spit on for driving a hyundai accent and living in an apartment, all of my friends were competing with each other for who had the most luxurious lifestyle. Um.. ok, if everyone is rich, than it’s not really a distinguishing attribute anymore, so just give it up.
Anyway, I guess I”ve always been fairly conservative money wise, and so has J, and I guess I jsut expect everyone else to be the same. So how has this whole thing come about? And why should the government bail these companies out? I know…it’s to protect us all, but isn’t that the slightest bit bullshit? How much do these CEOs of these financial companies make? Aren’t they supposed to be taking care of business…not just effing everything up? It just boggles my mind. I don’t know what the right thing to do is, but part of me is really glad that the house didn’t pass that bill. I may regret saying that later, but maybe not. Hey, maybe I’ll actually benefit from it. If the housing market collapses, maybe I can snatch up a really cheap condo!
I’m a little concerned for my retirement savings… but other than that, I think my job is safe, I don’t have all that much in savings, so… I don’t know. I am still thinking about cashing in some savings for gold buillion but I need to do some more research on it. Well, that’s my rant for the night.



