Ok, here it goes. What is the easiest way to explain caused these crazy financial times we are in?
The Democrats blame the Republicans, and the Republicans blame the Democrats.
“Bush started the war!”
“The Democrats caused the housing crisis”
“Bail this bank, bail that bank!”
I ain’t the brightest crayon in the box. Anyone know just what is going on?
I am sure it will be hard to find an unbiased answer, because my first point may be proven by at least a few of the posters. Please prove me wrong guys. 
ANTONIA
Yes I have a job but my salary is 70% less than previous job.
My fiance had 6 bypasses, requires medication, we have no insurance therefore cannot make that purchase. He was turned down for disability of course, however cannot hold down a fulltime job.
I’m trying to maintain the household however I am now in foreclosure for the 4th time, and have no idea what to do. My financial decline has caused my parents sever financial strain as well. They are on the border of eviction; my mother is so ill in so much pain that I do not know how much more she can take. My father had heart surgery 5 yrs ago, however he is taking care of mother 24/7 it is killing him. I’ve been working 50-80 hours per week attempting to get caught up, however this has been very detrimental to my health.
I need any/all suggestions possible as soon as possible!
Thanks
ALFREDO
My mom is going through hard times financially and with school starting this monday I know that we can only get the necessities. I have old pencils and pens from years before so my mom doesn’t want to get anymore but I having new pens and pencils to start school with is one of those things that really makes me happy (I’m easy to please lol). So my question is do you think that it is disrespectful if I use my own money to buy some new pens and pencils. I am just worried that it will make my mom feel bad
I just worry that it will make her feel bad because I know that if I had to tell my kids that we couldn’t afford some new $2.50 pens and pencils I would feel like crap… And I would survive without new stuff its just one of those silly things that make me happy.
EARNESTINE
Other than to satisfy his fettish for pink coloured paper?
ENRIQUE
I have a theorectical question. Suppose you owe $50,000 on your mortgage. You also have $50,000 in mutual funds that have been taking a beating with the rest of the stock market. The funds have been averaging under 5% for the past few years because the market just stinks. With the threat of a recession and even a bigger threat of financial institutions going under and investors not being able to get their money, would it be a good decision to take that money out of the stock market completely and pay off the house in it’s entirety? The mortgage is a 7% fixed loan. Without accelerated payments, the note would be paid in 8 years.
The net of it would be zero money to lose in the market and 100% debt free.
Another reason for this question is the concern that terrorist may destroy the US financial platform, targeting our foundation, the stock market. Again, if there is no money in the market, then there is no money to loose.
Only financially educated responses please
LORRI
