Predictable how Obama supporters and Liberals jump into the bigot/ racist name calling when there is any criticism. I didn't note the article on Michelle's several personal assistants- maybe I read it in the Drudgereport. At any rate, this started with the Kennedy's so Catholics proved they could be other than dowdy, as well- as did the Shah and his wife, if you recall. Not likely we will see another Dwight and Mamie again nor a Harry and Bess, either. All part of the political image game. At least we are rescued by term limits. I'll save dessert for later.
You are incorrect in your blame. Even Greenspan was bewildered. This mess started in housing for the most part- bad loans, bad buyers and sellers. That goes back to Clinton's daydream. Now we have citizens mailing their housekeys back to the bankers and taking off- and they are condisered heros but it will undoubtedly affect contract law and ulimately the trust necessary to sustain healthy capitalism- the latter being the main reason so many immigrants came to America in the first place. There are figures somewhere on America's low savings and high personal debt. On Jul 6, 8:08 pm, gruff <[email protected]> wrote: > Each person's losses, in 99% of the cases, was their own fault in one > way or another. Primarily most people never bothered to investigate > the institutions, organizations and corporations where their money was > invested. > > As regards savings interest, it was up to 5% and higher as short a > time ago as two years. If you go back further it was found to be > around 4% to 5% as far back as 2005. > > There are also plenty of places to put money but if you are not > conversant with the medium of investment, it's better off in your > mattress in the form of cash or gold. U.S. T-bonds are also a very > good place to put your money. > > Your rant about the First Lady is uncalled for and inaccurate. Her > hairdresser, Johnny Wright, makes six figures a year, but that's from > all his clients, not just the first lady. Your bigotry is showing. > (http://www.salon.com/life/feature/2009/02/03/michelle_hair). > Wright is one of Washington, D.C.'s top and most demanded hair > stylists. Eat cake. > > On Jul 5, 11:10 pm, rigsy03 <[email protected]> wrote: > > > > > Economics makes my head spin because it's so theoretical. Saying my > > losses are my fault is like saying those on the Gulf Coast could have > > lived somewhere else and avoided a massive oil spill and economic > > repercussions. There is no place to put money except in land and > > investments, etc. and they are subject to the whims of the boys who > > fool around with the economy and that includes Congress and the > > Executive Branch- plus state governments. There hasn't been a decent > > interest rate on savings in years while there has been a concerted > > effort to accumulate debt- from college to grave. Retired people who > > have counted on security are all in the same boat plus most of them > > have been thrifty, practical and decent citizens not looking for a > > life-long handout from government. Michelle Obama pays six figures a > > year to someone to do her hair and make-up- reminds me of Marie > > Antoinette and we both know how that saga ended!!!- Hide quoted text - > > - Show quoted text -
