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Friday, April 3, 2009

Unnemployment rates @ 8.5%

So unemployment is up and the feds are now questioning themselves about the bailouts that they've made? What the hell is going on here. Not one single person is being accountable for the further damages that have occured.

I spoke with a bank rep the other day. His bank was forced to take 300 million in bailout money. Now that they've recieved it, they don't want it. They offered to give it back. Their reply? You'll pay it back when we tell you. So they pretty much want to give handouts so these lenders will "owe" something back to the goverment.

This getting way out of hand.

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Tuesday, February 10, 2009

Stocks

Wow, what a mess. The market takes a dump every time a story comes out. You know, I don't think the economy is really that bad. People have money. Credit, contrary to what you see on tv is still available. Most lenders have actually started putting a lot more money on the street, and lowering thier minimum scores. I don't even want to go onto credit pulls and scores at this point, but maybe we will in the near future.

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