The top story on the news last night was that oil went up $25 a barrel- the largest percentage increase EVER! (And the oil companies are boasting record profits?) Greed. I grew up poor and most of my sisters still live below the poverty level. So far I am holding my own, but just barely.
I don't understand why we have to bail out banks that sold mortgages that they knew were risky- a result of de-regulating the banking industry. Let those banks fail and sell the good mortgages to banks that did not follow that devastating trend.

There are indeed tides in the affairs of our life and the world, the key is to separate the two...it's always the world within that transcends the realm in the external world...that where the still waters run so very deep...

its bad jeri i know we seem to be ok here thank god mani thing is for families to stick together i wasnt born in depression but ive heard stories and there werent good i just hope it doesent get that bad again
we are going away tomorrow not today now just letting the rian clear we had yesterday and we off morrrow will catch you over weekend take care

cheer up my dear

I have read that we haven't reached the bottom yet! Scary indeed! Really really frightening... But, we'll come out okay.

ok, you are scaring the crap out of me...
I don't understand how it all works! Will everyone lose their jobs???

Yes, they certainly are chilling. My mom and dad lived through the depression, and the hardships that they endure influenced they way that they lived out the remainder of their lives.

How well that I remember the 30's.My parents lost their house.
Dad was out of a job and working for the WPA.
Had no money and food.We were on welfare.
There was nine of us in the family.
But,we survied/Yes,we were dirt poor but happy.
Just accept us.Then again we did not have any of the tech today.
The families in the neighborhood were great and we all stuck
together.We had Irish,Polish,Italian,Negores,all the good
people that came around to help one another.This was so blessed.
They were not greedy,selfish,they were wonderful people.
Darn,how I missed them.Today generation is different.
Selfish,Greed etc.You got the message Jeri.
Maybe this is a warning to people.
Let us adjust to this.
Do you need all the techology out there in your house.
Can you afford the mortage,if not work out something.
All this was cause by the bank and people.
Those who lost their home are the blame for all of this.
Also,the bank and the loan officers.
Sorry,do not feel for this.
I went through it and let them go through it.
Stay within your means.
Sorry Jerri,just get carry away and they are in the mess.
Not me.I was prepared.