Saturday, June 16, 2012

Trying to Compute...not working

I've been following the economy....like you perhaps. I'm watching the home foreclosures...across the country. Isn't almost everyone? The American Dream is tied to owning a home. It's currently very hard to make the dream happen. Young couples paying off college debt, financing a car, trying to pay rent, attempting to buy health insurance and save $30,000 as a down payment for the starter home.....is a struggle. Add this....wife loses job or husband is laid off. At that point moving home with the parents begins to be option "A". It's even worse if a couple bought their home in ....lets say .....1975. Probably one refinance for a kitchen update...college for children...or a wedding or two. It's looking like a mortgage payoff could be coming. Only $18,000 left!!!!!  Sorry......It will never be paid off.

Then prez-"O"...comes on the scene....its 2008. The factory closes in 2009. The early Social Security check and the pension....aren't covering the bills nor the commute to find work. Unexpected layoff for his wife. The 401k is now less than $140 per month. Fuel has tripled....food is up 15%...no work. Unemployment benefits ended in 2011. Payments on the house mortgage stopped in 2011.....this family ceased paying it 9 months ago. In April of 2012....this former Viet Nam veteran and his wife....packed his car trailer with some items .....and drove away from their neighborhood of 37 years. He isn't sure where to go right now....he's considering strongly his 87 years old mother's home for now.

92% of the prez's advisors have never had experience running or managing a business. They are philosophers...intellectuals....university pals....politicians.  If I had made up the foreclosure story for dramatic effect...my bad. Unfortunately.....you know that guy. You know his story....you probably went to school with him. Your kids played together. He is real. His story is occurring about every 20 minutes across the country.

Would you say that the great "HOPE and CHANGE" guy is very over-rated???? His ideas and giveaways and entitlements have failed to help the "HEART and SOUL" guys of the USA. But....the bloated government workers....the slackers ...the gimees....the takers....the illegals...the politicians and the Union leaders....they are smiling. I'm not....this just doesn't compute.

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