My 800 Billion Dollar Thought For Today...

In 1982 there was major inflation...adjustable mortgage over 20% for commercial lending. The economic cut back was to shrink inflation, reduce the deficent..and it worked..it hurt but was needed medicine. Now we have super low rates but if we add to spending, increase size of government we will have inflation...if we can't borrow and spend out way out as a country, the printing presses will fire up and crank out the Ben Franklins, Alexander Hamiltons and all the other dead presidents on our currency.  Plant a garden cause if money has no value, you can not eat the gold in the reserve and will be getting hungry.  New spending habits, getting real value, working hard and being grateful you have a job. No more texting at work, or on line, or personal calls..or you are fired. Period.

Dinah Lee, I would settle for good solid debate before we just start throwing money around. Time for public comment and legislators that might actually listen to the public. Instead we get legislation over 1,000 pages long without time to even read before passage.

Jay

Dinah- You are right.Thanks for the link love too:)That is why Realtors like Jeff are running for office. This is where it needs to start.

National Credit Fixers: those economists and so called experts have all failed us. There was a poll taken that asked who do your trust more yourself or the government, very sad that there were about 21% of Americans that actually trusted the govt more than themselves.

Yes, the so called 'experts' are less qualified because of their huge disconnect with the people and small businesses and because they are there for political agendas.

Our forefathers did not create this government to take care of us, to give handouts and bailouts.

What  we need is people who are really in the trenches, you have started businesses and made profits, have lost it all and then got it all back and more.

Those so called experts and especially your life long politicians have worked on the government payroll far too long to know anything about the real world. Professors who are so called intellectuals are coddled in the safety of their Universities with no sense of their theories actually being put in practical motion on the streets.

We need people with street smarts to get involved. We need grass roots business people who have used guerrilla marketing techniques. Katerina

If you have read Matt Heatons post on this subject...he is right in line with you....he says that the politicians are just very possibly "kicking the can down the road" so the full impact of what has happened does not hit us now......

I pray things will get better before the full impact DOES hit us...this MIGHT throw us into a forced WORLDWIDE currency.......to take care of everything.........

We ALL know what THAT means....... and it is NOT GOOD......

=-P

Hi Dinah Lee,

Are you sick of this or what?  @@#@@@??????!!!!!%%%%%%%******????######$$$$$$$$$$.  That is what the bailout looks like to toddlers -- they'll be paying ot off!

Thanks for your comments!

I say let's each of us as individuals dig in deep and change what we can control.  The rest is just background noise.

I sure wish more people would start thiking like this.

Great post, Dinah.  I completely agree.  I know some people who are too willing to stick out their hand for help but aren't willing to work for it.  I also think that the blame game has gone on long enough.  Until people stop pointing their fingers at others and start pointing them back at themselves, the situation will never repair itself.

Dinah- I love what you wrote. I have been saying the exact same thing. I am reblogging this so more people can read it.

amen!