Topic : 10/09 Financial 911!

Doctor Do Fear Phil What You. That is a deep subject that I cannot answer. My fear is about terriost in Iraq,-

Bagdad, Iraq. That I fear the most. See you on Tuesday October 07th, 2008. Sincerley Your. Russell Vlaan-

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You're right. It's time folks learned to 'wipe their own butts" instead of expecting you, me, and every other taxpayer to do it. 30 years ago, my husband sold his GMC Jimmy to get out of debt after his wife divorced him. And, because he couldn't afford another one until last year, he waited until then. We were actually looking for a jeep some old man wanted to sell. But the directions he gave us were so lousy, we gave up trying to find him and, on the way home, passed a used car dealership. And, I followed him home in the 2001 Jimmy we bought from them. Repossessed from someone who "bit off more than they could chew".

I am a little concerned about the economic situation, but I believe the news media has made the situation worse.

I remember when I was very small that my mother worked for a bank and her boss told all the employees that they must be careful with credit cards when they were being introduced to America.  He believed that credit cards would be the ruination of many people.  I can remember my mother reminding me when I got older not to charge more than I could pay off in 2 months.  I wish everyone could have heard my mother' advice.  I must admit that I did charge more than I could pay off in a month or two, but mostly I paid them off in six months.

I don't believe that banks are totally responsible for all of this mess.  People need to realize how much they can borrow.  People need to be held responsible for themselves and not blame others for their own mistakes.

Cockie

I always here my aunt, uncle & mom always talking about saving for a rainy day, but I never really listened. I listened to the point of trying to save some money, but never enough to sustain myself on anything like this. I think what we need is to teach everyone how to use money wisely. Those who can, we need to stop depending on our government to support us and learn to support ourselves that way when things like these financial crisis happen we're not in so much trouble that we can't even keep our head above waters. I have changed my spending habits a lot this past year. I don't have a lot of money but I know that I have extra money in case I need it.

I learned to live without credit cards. That was probably one of the most hardest thing for me to do, but I did it. I'm now working on getting out of debt. I really believe that the only real major debts that we should have are house payments (unless you're rich and you can buy your house right there), car payments (that you can afford without struggling financially), and medical bills depending on your medical condition.

I know that no matter what you do the government will find some way of screwing up the system for the middle-class and poor. If we take care of ourselves then at least the wound won't hurt as much.  If you really think about it, no one in the government even cares about anyone. Only during election do they PRETEND to care about THE PEOPLE. Other than that they don't really care about us. They make a lot of money and they are secure in they're retirement that they make. If the government really cared about THE PEOPLE then none of this would've happened. The government is not hurting by this financial setback. only THE PEOPLE are.

That's just how I feel about it.  That's just my opinion.