The Big Picture

I was thinking as I ran this morning about this country's housing and credit situation. How the government allows big business like banking and financial institutions to take advantage of the ignorance and wants of people.

It seems that if anyone of any wage category wants to buy a house these institutions will find a way for you to get it. I was reading in "Maxed Out" by James D Scurlock that a young woman working at Home Depot or Loews or one of them had her sights on a $200,000 home. Anyway, I guess between the realtor and banker suggestions she got her loan. The banker sat there and she and he committed fraud. He suggested she put $6,000 in stead of $1,300 has her monthly wages. I'm sure her interest rate was low at the beginning. I'm sure their was financing too for the down payment. Anyway, the realtor and banker and title company all got their fees at closing. Within six months she defaulted and lost the house.

Of course some blames fall on the buyer here too. I mean where was the extra money going to come from...just fall out of the sky? She should have known that she was being taken for a ride.

Back about twenty years ago and beyond it was tough to get a loan because bank officers didn't want to take a chance on you. Seems that mentality changed with the introduction of the credit card. Suddenly everyone had ready credit.

The credit card changed everything about our economy. Banks learned they could make a bundle on credit card balances. Banks still don't pay their employees anything but the big shots are making a killing.

This is just how the government runs the country too. This administration sees tax payers has nothing more than a monetary resource. They don't want you to get any breaks because they are working for big businesses like health, insurance, oil, auto, banks and more.

We as legitimate (that's another blog entry) tax payers are slaves to big business and Bush. Is it just me are is Bush getting about as arrogant as they come. I think after about seven years he finally caught on to what daddy and cronies are all about...riping people off to benefit the rich oil and banker mongrels.

I believe that this economy is borderline disaster because through advertising and most of all "keeping up with the Jones" people are pushing credit limits,failing and losing everything.

"So and so has a big truck so I gotta get a big truck" is the mentality that will crush your economic state of mind.

We must get back to the basics of life. Simply! Who are you trying to impress anyway? If that is the only way you think she will love you..then forget her. She has no common sense. Daddy probably bought everything for her and still does and now she expects you to take over financing her every whim.

Live within your means! Now that's a novel idea! Hark! Learn to do without! Oh my god, I should die! Learn to put off gratification - another novel idea! I put things off and within a week either I have forgotten about it or decided I really didn't really need it. If I want to treat myself I make it something small. I've learned and it doesn't take much to make me happy. Rather get into yourself, your health, meditate, read, do yogi, a walk in the evening can do you wonders and you'll meet like minded people.

When I was in school I loved, and admired, (but was too insecure myself to try it) the kid who had a "look of their own". They didn't care what the next girl or guy wore. They had their own "artsy" look.

I didn't stand a chance to be an individual around my mother. She was "one of them". She was always worried about "what people would thinkg". (wasn't I more important than "them"?) I grew to hate the woman and now can't stand to be in her presence. The woman was always in pain about something..constantly. I kept waiting for her to die, but year after year, the crabbing and complaining went on... I finally had to move far away. First I tried emotionally separately myself. That didn't work. She was draining the very life out of me. So then I moved physically away, far away. Where do people actually get off thinking that something really wants to fuss all over them all the time. The woman was a total pain in the ass! God, how that woman ruined my life. Talk about manipulating, controlling and shallow. I'm so glad I do not associate with them any more. Thank God!

Oops how did that resurface? Got a little side-tracked there. Anyway, bottom line - beware. I was just thinking that I was so lucky not to have "the credit card" as I was in my early adult life and first getting starting work and living in an apartment trying to save for a down payment. It took that good union job and within a year I had my downpayment to buy my condo.

Well I guess, there were "the credit cards" I just never got one. And finally years later when I did, probably in the 90's I pay everything off every month. I watched my budget and if I couldn't afford it. I didn't buy it. I "saved up" for things. I now the banks weren't making any money off of me..sorry.

Just say "No" to spending. That doesn't give you the green light to use other people and take advantage of someone who is genious. After a while, they'll see right through you anyway. Remember, you never get anything for nothing. Another one: If it (or he or she) looks too good to be true, then your gut is trying to tell you something).

Okay, I have to go down and get the paper now and read so I have more to sprout off about. Have a nice day. Thanks for stopping by.