Well now that you have heard the news about Lehman Brothers do you feel like my friend above? You shouldn't. This has been coming for a while. These are the guys took a beautiful thing, the housing market, and turned it into a commodity. These are the guys that have inflicted pain on home owners and all the folks involved in our industry for 2 years. These are the guys who perverted the American Dream. So Good bye. I am glad you did not get bailed out. I am sorry for the working folks that will lose their jobs. I am sorry but join the club your bosses helped create!!!
Ok so what is the positive on this for us. Once again Real Estate is a safe haven. If you are employed and can take advantage of this great market get into it. Our market is turning around. We are getting back on an even keel. We will be the way again middle class America builds wealth.
It is in my opinion about time people paid for their mistakes. So as far as I am concerned the answer to the question, "Where art thou Oh Lehman Brothers? is Who cares !
(Hey and while I am ranting. The price of oil went to 97 a barrel But the price of ags went up!! Wake up! You can drill all you want and blame the Arabs all you want. The Truth is Big oil has a big strangle hold on us. This President has done nnothing about it. Maybe the next one will.)
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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog
On line at www.allmountainrealty.com Call at 706 579 1098
Here Here if you f up you shouldnt be bailed out all the time by your parents or you will continue to f up. Take the responsibility for what you did and the consequences that follow.
Can the govenment bail us out too?
I couldn't agree more. I don't shed a tear for any of the Wall Street crowd.
Wow, I just read the news about Lehman Brothers, it is unreal what is happening, a huge learning environment, again experience is the best teacher, hopefully all of this reality will help get our nation back on track.
Charlie - You took the words right out of my mouth! My husband and I were having this exact same discussion while we were watching the news of this break last night. I have no sympathy for these guys whose greed overshadowed clear thinking and put so many at risk.
Out with old...in with the new!
Let's make a promise that we will not bail out any other company for foolish if not criminal behavior. The American taxpayor's have had enough!
Go Charlie, good to hear that the Government has decided it doesn't owe every Tom Dick and Lehman a free pass.
Charlie, I am running with you on the rant. Of course, Merrill and Bear Stearns and Goldman and even Morgan Stanley....and while I am at it, Credit Suisse, UBS and about 150 more which includes most of the 50 largest international banks were all in on it. Playing roulette with someones house, should be criminal. It is going to continue dragging the entire financial system down and the end is nowhere in sight. This is just the beginning.
Wow!
Bo