Jim Mathies’s Web Log
Friday 11:28 am, May 9th, 2008
should the government do more to get lenders to settle for less than the full debt, even if it may cost taxpayers some money? The White House and Treasury say “No!” House Financial Services Committee Chairman Barney Frank and other House Democrats, with the quiet backing of Federal Reserve Chairman Ben Bernanke, say “Yes!”
Friday 1:42 am, May 9th, 2008
You voted for him, good job, he’s black after all. But what did you vote for in terms of policy? Details please.
Friday 1:28 am, May 9th, 2008
I’ll be voting for someone who understand that the debt this country incurs, isn’t the result of a lack of funds.
Friday 1:26 am, May 9th, 2008
I’ll be voting for someone who recognizes the problem with SS isn’t in the trust fund, it’s in Washington.
Friday 1:14 am, May 9th, 2008
I’ll be voting for someone who isn’t interested in hiking the tax on my appreciation.
Wednesday 9:35 am, May 7th, 2008
Time for Clinton to get out of the race so we can get down to business on this thing. If she doesn’t, the super delegates should throw their vote in for Obama. This has gone on long enough.
Saturday 2:38 pm, May 3rd, 2008
It stretches back a little farther than 15 years…
I also shouldn’t come across as so smug, I’ve been a consumer more than a saver myself throughout most of this period. Reality didn’t kick in for me until about the age of 33, about the same time my last remaining parent passed away. I imagine there’s some sort of correlation there.
Saturday 1:19 pm, May 3rd, 2008
“We are in an economy in which many people are living right at the margins, even middle- and upper-income people. They have little savings, they’ve borrowed so much, their credit-card bills are high, and their house values are going down.”
Fifteen years of over consumption and the margin call just came in.
