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Strategies & Market Trends : Dividend investing for retirement
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To: Paul Kern who wrote (1741)9/30/2008 9:52:17 PM
From: Steve Felix  Read Replies (1) of 34328
 
Personally, I don't think the bailout is a good idea. I'm a freemarketer probably to a fault.

Imho, housing prices were past the bubble stage. I don't think we are at reality housing prices yet. I have two daughters looking to enter the housing market. Why do I care how far prices fall? I'm cocooned up right where I want to be until my last breath. I could care if Zillow says my place it worth $100. I've never borrowed against it and never plan to.

As for the bailout, coming from Gettysburg, I learned long ago that no matter what the people think, the government is going to do what they want to do.

Regardless that the people disagreed, they culled the deer herd by bringing marksmen in in the middle of the night and hauled them off by the truckload.

Even though the people disagreed, they have cut thousands. of trees over the last two years

Now "their" 100 million museum that the people didn't want isn't meeting revenue goals. Almost everything they have was donated with the understanding that it would be free to view.
Well, it has been for years, but now that things aren't "working out" would you want to bet what happens?

I figure you can fight the government, but the odds are slim. May as well figure out how to work with what we get.

gettysburgtimes.com
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