Quote Originally Posted by Lyle View Post
For your first question....I disagree with the government bailing ANYONE out especially when the banks and lenders did wrong to begin with.

Your second part...the economy has cycles this is a downturn partly because of this lending business and partly because we're going into an election year and there is always trepidation in the market because there will be big change in Washington and the market is affected by such worries.

There have been issues like this before in the past and the economy HAS ALWAYS REBOUNDED....not as fast as we would sometimes like but it always comes back. People losing their houses and cars it's sad it really is but they were ignorant of their loan agreements and the banks counted on that when they made those horrible offers.

It's going to be tough here for a while but it'll get better
Whether you disagree with it or not it's going to happen and you personally are going to bail out billionaire and centimillionaire bankers and investors.

Who wins in November is irrelevant to the current state of the financial markets. You really shouldn't pontificate on things you don't have a clue about. This downturn is caused entirely by the inability of the Bush administration to handle fiscal policy competently or lawfully.

The economy will indeed rebound but certain sections of the economy are going to do worse and worse over time. For low/middle income earners the next couple of decades are going to be horrific.