Doom and Gloom with the Economy

There are tons of people out there posting great posts about what’s been going on with the US economy over the past weeks. Instead of trying to hash it all out myself, let me just point you in the right direction.

David posts about what we could do with $700 billion. This definately puts it in perspective for me.

CHaze77 agrees with me that both sides are f’ing up. I really appreciate it when someone in a particular party can admit that their party is also partially at fault for something. Mud-slinging just because they’re on the other team drives me crazy.

Tom gives us ten (okay, 11) reasons why he doesn’t like the bailout. This gives me support points for the arguments I’m sure to get in soon, because I didn’t particularly like the bailout idea either, but I certainly didn’t have any concrete reasons why.

Sean, also of the Bloodhound Blog, talks about Wachovia’s failure yesterday, and points a little blame towards the mortgage industry. Thank goodness!

Simple Mom is simply giving me hope that I can still get my finances in order, while everything is seemingly falling down around my ears. (I don’t actually believe that - I’m of the “it’ll all be alright in the end” variety.)

I’m going to start posting my favorite Reads here, I think. I’m actually not as depressed or frightened or pessimistic as I think a lot of others are right now with how things are going. I actually want to link to a podcast of a radio show I listen to in the morning that gave me a lot of hope, but I’ll do that a bit later on.

Filed under Economy, Money, politics | Comment (0)

Fear and Loathing in Topton, PA

I’m sure I’ve seen that movie, but I can’t quite think of the plot right now. All I know is that A) everyone is afraid of what the Market is doing right now, and B) I’m loathing the upcoming elections.

FEAR

I don’t watch the news. I don’t read the newspaper. Right now I’m getting my information from the web and my mother (willingly and unwillingly, respectively).

I don’t watch the news because I know it will only depress me and make me very, very afraid of a situation that I can’t do a whole lot about. The market will crash whether I watch the news or read the paper or ignore it all. But in the meantime, I won’t be stressing.

Sure, I won’t be preparing, either. How should I prepare? Do I pull everything out (I think this is generally agreed to be a bad idea), do I add more in (also doesn’t seem like a real good plan if I’m about to lose everything), or do I rearrange the funds that are already in and hope for the best (I’m really not equipped for that)?

At any rate…

LOATHING

I loathe how the elections can make people so mean to each other. We’re calling each other liars, incompetants, pigs, and it’s mean. Is it naive to think that we should all play nice? Probably, but that doesn’t stop me from wanting it.

The closer we get to November, the more I look forward to National Novel Writing Month. (Ha! Thought I was going to say something else, didn’t you?) And the less I look forward to the damn election. The closer we get, the meaner people get, and in my life, the louder the insults and “proclomations of faith” get.

And I really do look forward to NaNoWriMo…I focus on that and forget that on November 2nd, my mother will kick my ass out of the house and not let it back in until I have an “I Voted!” sticker on my shirt.

At any rate, that’s my life right now. Nervous anxiety and disappointment in humanity.

Can’t we all just get along?

Filed under Money, politics | Comment (0)

What I’m into this week

Wide Open Wallet is my favorite site online right now to read, followed closely by Remodeling This Life and On Simplicity. I would like to absorb their skills by osmosis, but I know it’s not that easy. I keep telling myself that “when we’ve got our own household, then I’ll start doing this stuff,” which really is just me trying to justify my lazyness. Hopefully all the motivation I’m getting will start kicking my ass pretty soon.

Filed under Goals, Money | Comments (2)

Great money post!

I’m just stumbling through my reader this morning, sorting through all the wonderful RSS feeds that I’ve subscribed to, and I found this great article linked by Wide Open Wallet. I’m actually past the first stage for one of my kids, but with my son who is ready to start Kindergarten (Monday - ACK!), this is perfect. I don’t have to worry about what to tell him when. Someone has already pointed out what looks like a solid plan!

And we all know how I feel about learning from other people’s mistakes, and taking advantage of their sum-ups.

Or if you don’t, well, I like them.

<strike>But is this an article or an advertisement website? I sort of feel like I stumbled upon one of those placeholder websites that sits in place of what used to be a great domain that got left behind. There are two solid columns of advertisements, after all - what is a girl supposed to think on first glance?</strike>

After a little bit of poking around, I did find some interesting articles, and I do want to add this site to my RSS feed. However, I wonder what the bounce rate is for this site for people who think they’ve just stumbled upon an advertisment?

Edit: I used to run this website review service called UnFluffed, where people would ask me to give a review, and I wouldn’t hold anything back. Apparently this week I forgot that David didn’t ask for that service, and I was harsh in this post. I apologize, and will watch myself in the future.

Filed under Money | Comments (2)