Comments on: What If The Economic Bailout Plan Works?

By: ffb

ffb — Mon, 06 Oct 2008 16:17:23 +0000

I’ll admit, I’m being overly optimistic i this post. It just seems that so much of the market is based more on fear and speculation than on actual facts. Ok, a bank should go down on valuation. But there are other companies that are declining too. A lot of that could be that people are pulling their money out but that’s in big part because of the fear. Today’s market news isn’t so great so far. But you know what? I’m gonna be buying some cheaper stocks and get more for my buck in my 401(k) my next paycheck. I’ve got time and I think we’ll pull through all of this.

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Sunday Money Roundup - Attack Of The Crickets Edition. | My Two Dollars — Sun, 05 Oct 2008 13:00:27 +0000

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By: Nancy

Nancy — Sat, 04 Oct 2008 15:12:06 +0000

So many of these financial ills boil down to personal financial responsibility: being an educated and savvy consumer, being thrifty, not trying to buy more than you can afford, being economical, valuing education and its benefits, knowing the difference between a want and a need, putting money away for a rainy day, wise investing, etc. Both parents and schools need to teach financial/economics information. Everyone needs to know how to manage money!

By: Links For Super-Charged Living - October 4, 2008 | My Super-Charged Life

Links For Super-Charged Living - October 4, 2008 | My Super-Charged Life — Sat, 04 Oct 2008 13:01:16 +0000

[...] Learner What If The Economic Bailout Plan Works?What Is Your [...]

By: Tim

Tim — Thu, 02 Oct 2008 20:18:50 +0000

So ideally the world is a perfect place and everything will work out great. Ultimately it comes down to the “default” option. If I can declare bankruptcy and can escape being “penalized” for it it becomes more lucrative especially in a time like this to let the other taxpayers suffer for it. I see that by bringing the bailout in place it’s like socialism for a democracy and right now it’s just time folks buckled down and eat their cake.

By: Scott @ The Passive Dad

Scott @ The Passive Dad — Thu, 02 Oct 2008 20:02:47 +0000

It would be a wonderful thought if it all worked. I personally know 3 friends that are close to foreclosure so I don’t know if we have seen the bottom of this housing mess yet. I’ve read that more teaser rates will be resetting in the coming months and year.
I do like your optimism though:)

By: Miranda

Miranda — Thu, 02 Oct 2008 19:30:19 +0000

It’s a nice thought, and it might work in the short-term. However, unless some fundamental changes are made, we’ll be right back here in a few years — only this time with an even bigger price tag.

And, personally, I don’t believe in the eminent demise of the economy theory. I don’t buy into all the doom and gloom that unless we do something NOW! we will all be in Big Trouble.

By: Personal Finance Buzz

Personal Finance Buzz — Thu, 02 Oct 2008 18:30:04 +0000

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