The United States Economy - A Full Plate

Regardless of who wins the presidential election… they are going to have their plates full with getting the US economy back on its feet. I don’t think its necessarily right for people to be blaming the government for this mess either (regulating or deregulating). This all comes down to GREED. It’s pretty well known the root of this problem was the fall of the housing market and the subprime lending that was going on that turned into bad debt and eventually got entangled in a monstrous web across the world in various business sectors. Even though there were institutions that were preying on people they knew would have a hard time making the mortgage payments, the bottom line is that YOU, as a thinking human being, make your own decisions and need to make those decisions wisely. People were taking on incredible amounts of personal debt. Don’t get me wrong, once these major corporations and executives got their hands on this money, they catapulted the problem into even more problems by their selfish and deceptive business practices. Sadly, there were a bunch of idiots out there that have now effected hundreds of millions of people. I especially feel sorry for the people on the brink of retirement that have been watching their retirement accounts drop in the toilet. All in all, its going to be awhile before things will get better, but I know there are millions of hard working people out there that will not let our country fall apart. This is a reality check for everyone.

Update: Stuff like this pisses me off… Read about this BULLCRAP

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