Quote:
Originally Posted by awkward1
I could loose my business because of the free wheeling dealers on Wall Street and the mess they have created. Where is my bailout? Seriously! I understand the logic behind supporting our financial markets, but the reality is that it is the small business owners that are suffering and barely meeting their monthly obligations. The nations largest Chevy dealership closed it's doors last week, and I feel like that is just the first of many retail closures to come. Right now my financial life is at risk on so many fronts....retirement savings, stocks, my income, my insurance.....I'm pretty much hating our congress right now and hoping that the FBI prosecutes as many Wall Streeters as possible..  |
I feel very sorry for small business owners who are caught in the middle of this mess! My husband and I were talking this morning and I think the predatory lending/mortgage crisis was
just the beginning of our economy's downward spiral. I understand both sides.
I was watching the Today show this morning and they mentioned how difficult it will be to get credit in the future not to mention credit lines could be decreased to minimize liability.
This whole thing should be a reality check for people who have always lived above their means and buy crap they don't need!