My Facebook Thoughts

Tuesday, September 16, 2008

Has Anyone Seen My Equity?

Hi, my name is Mark and I am a financial moron.
I admit it. When it comes to all things financial I am like a one armed man clapping. I can balance a checkbook and I usually don't bounce checks, but that's about it.

Despite my admission I know our country's economy is extremely shaky, especially with some gigantic financial institutions filing for bankruptcy. Yet here is what Republican Presidential nominee John McCain had to say about our economy,

"Our economy I think, still, the fundamentals of our economy are strong, but these are very, very difficult times,"

I'm sorry, but that assessment doesn't leave me feeling warm and fuzzy. I have some stocks and other investments on the side for those "golden years". My biggest investment, like many, is my house. Our "strong" economy has cost me 21% of the value of my house. Even I know that's not good.

While I realize whoever the next president is neither has a magic wand. But, you have to realize there is a problem before you can fix it.

1 comment:

Scott Ploch said...

Both parties realize there is a problem and Obama and McCain both hit the nail on the head yesterday as to why, "GREED."
Everybody from corporate America to you and me just need to take a timeout to let the dust settle.
This just in, polls have Sarah Palin within six points of McCain.