Showing posts with label Lehman Brothers. Show all posts
Showing posts with label Lehman Brothers. Show all posts

Monday, September 15, 2008

Holy Crap!!!

It was during the Clinton years that I did well enough to invest in the stock market. Within the first year of the Bush administration I lost 1/3 of my investment. I pulled my remaining money out of the market and put it in savings. Seven years later I have no savings and am struggling month to month to pay the utilities and feed myself. Every year since '06, I've been having to make payments on my property taxes instead of paying them all at once. Insurance for my home and car are automatically deducted from my checking account, but I've been thinking I won't be able to keep paying auto insurance for long. I'm your average older American. I've lived through good times and bad. But I've never seen anything like this. And I'm scared.

Merrill Lynch goes belly up? Lehman Brothers files for chapter 11? And John McCain says, "The fundamentals of the economy are sound?" Holy crap!!! And still the polls say the race is tightening? Holy crap!!!