Our Country’s Financial Disaster Invades Family Time
By politicaldisgust on Oct 13, 2008 in Disgust Rant, Financial
We just got home from a weekend at the beach where we went to see my parents. Because of a rain storm what was supposed to be a fun weekend of grandchildren playing in the sand, turned into two and a half days of endless discussions about the financial disaster our country is currently in.
For his entire working life my stepfather was involved in the stock market, banks, and stock portfolios. And even he had a hard time completely explaining how we got in the current mess, and more importantly how we will get out of it with so many different industries involved and directly effected.
After 24 hours my head was spinning. I was worried about my own situation. Would I be able to make my monthly mortgage payments, the minimum payments for all my credit cards, and cover all the other bills? On the drive home I started thinking seriously about debt consolidation and if I would EVER be free of the stack of bills that monthly stresses me out. Having one payment or just having less to pay in general would make things so much easier.
Things seem to be getting scarier for everyone the country. But what also is becoming more and more apparent to me is that most of the public has no idea at all how the financial crisis really effects then at all. WE have no comprehension how the Fannie, Freddy and Countrywide failing or AIG going under will trickle down to our lower levels.
1 Comment(s)
By Danny Thornton on Oct 16, 2008 | Reply
PD, I can relate to this.
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