General Stock Ideas

[Market_Fest4]

GFP,
Look. I'm a saver. I've sacrificed. Never bought a new car. Am building a house with cash. No debt. I own land. I was going to sell the land for my retirement. But, the economy is dead right now and my savings are dwindling.

If the mortgage debt forgiveness plan results in a balanced budget amendment, and restarts the economy, well even if the irresponsible make out better than me, at least I'll have a shot at building wealth again. If you can earn 5-10% interest in a stable currency, well, I'm in favor of it now.

None of these stupid jobs bills/ stimulus plans and artificially low interest rates will do a damned thing to fix the economy. Government can't create jobs, but they can create an environment that makes it worth the trouble for an entrepeeur to takes risks. Right now, there's no reason to try, and a buttload of liability.

Something drastic needs to be done. The sooner the better. But, it better be concocted by some brilliant people, not the political hacks that makes laws today.
MF4