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 |