I want to add my 2 cents on the mortgage meltdown. A lot of the ARMs and other creative financing tools were a result of the liberal congress insisting thru hearings and such for the motgage companies and banks to loosen lending restictions to enable anyone who wanted to buy a house to be given a loan, which is credit. I lay a lot of blame at their door for insisting that everyone in America deserves a house. How did Congress think people with a $10 hr job were going to pay with nothing at risk, no down payment etc
Recessions and depressions kill liberalism. I would prefer a recession to get rid of all the excess in government, forcing us to clean up our act. I am not holding my breath. This printing money to pay our bills just helps the multi-nationals by weakening the dollar, but it is killing me at the gas pump and grocery
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
