Posted by
Playful Walrus on Tuesday, October 07, 2008 3:28:14 PM
This constant media assault about how bad the economy is and how we’re in a meltdown, a crisis, or a disaster is just too much. It only contributes to the problem. The media, desperate for and audience and for a President Obama, fan the flames.
All I have noticed in my life is lower gas prices.
Oh, I suppose if you’re trying to sell your house for more than you bought it a couple of years ago when prices were wildly inflated or if you have bad credit and you’re trying to get a loan, or if you helped sell foolish loans and are now laid off, then things aren’t so hot for you right now. Same goes for needing to cash out your stock market investments.
Really, though – how many of you have been laid off and haven’t moved on to another job? How many of you have had any trouble whatsoever getting your own money from your own bank account? How many of you have, in the past, had no problem getting a decent loan and now find yourself in need to a loan an unable to get one?
Nobody likes to see their investments lose value. I’m not even looking at mine right now. I don’t plan on cashing them out for a long time. But how many of you were ready to cash out right now anyway? Unless we’re at the end of civilization, your diversified investments will rise back up in value.
Like I said, gas prices are going down. More than that – the dollar is rising. Ah, but those of you who relished in blaming Bush for a lower dollar making it more expensive for you to hang out in Europe on vacation will have one less thing to complain about, right?
Don’t let the hype panic you. Be smart with your money and you’ll be okay – as long as the taxman doesn’t take it all.
Considering the enemies we have lurking in this world, I thank God that we’re even around to debate fiscal policy.