Here we go
I have already been touched by the "economic crisis". My hours at work have been cut 8 hours a week. While this won't put me under because I have a diversification of income, it is certainly an indication that our futures are looking darker. As an employee of the state, my position did not look good but since the fall of the stock market it looks much bleaker. I *believe* that I will have a job and health insurance for at least a year.
One good thing is that my private student loan's rate will go down even further as result of knee jerk rate cuts. I have been paying more than my minimum payment and will do my best to continue as I am afraid of the rate going back up. I'm wishing that somehow the government might come and bail me out but I'm not holding my breath. I think that the "bailout" is really not going to help me at all. The news blames all of this on irresponsible lenders and irresponsible borrowers but I blame the entire system. I blame our war spending and allowing capitalism to rage out of control. I also blame our country for this crisis. This whole problem is that we never think of the future only of the moment and what will make us most comfortable in that moment. I guess I do it too, I am just as much a part of the problem.
Well here we go. The fall in services to our country is almost certainly going to snowball this into a full-blown depression. We seriously need drastic change to help pull us out of this. The change we needed was not to give those greedy bastards a bailout. It is not going to work! We needed that money they gave to bail them out to apply to services to put people to work. Recession my ass.
One good thing is that my private student loan's rate will go down even further as result of knee jerk rate cuts. I have been paying more than my minimum payment and will do my best to continue as I am afraid of the rate going back up. I'm wishing that somehow the government might come and bail me out but I'm not holding my breath. I think that the "bailout" is really not going to help me at all. The news blames all of this on irresponsible lenders and irresponsible borrowers but I blame the entire system. I blame our war spending and allowing capitalism to rage out of control. I also blame our country for this crisis. This whole problem is that we never think of the future only of the moment and what will make us most comfortable in that moment. I guess I do it too, I am just as much a part of the problem.
Well here we go. The fall in services to our country is almost certainly going to snowball this into a full-blown depression. We seriously need drastic change to help pull us out of this. The change we needed was not to give those greedy bastards a bailout. It is not going to work! We needed that money they gave to bail them out to apply to services to put people to work. Recession my ass.


























