Topic : 10/09 Financial 911!

this is a American lifestyle crisis.  It goes so deep I cannot even imagine how we can get out of it because no one would be willing to do what it would take.  And I"m sure we won't have to as the financial wizards will come up with the bail out that will still allow all the false lifestyles to go on. for awhile longer.  But I believe like what I saw on World News, we've lost our prestige by being such greedy guts and then they see us fall. 

For instance, even in our charity.....why do we think all people, in all countries should wear shoes?  And if they don't they are deprived, heathens, poor, illiterate.  Or we show a thatched roof and say...this is unacceptable.  Who the hell are we to say?  It works great there.  Their whole culture is different.  We are way too arrogant.

Has the current economic crisis left you frightened and confused? Do you know where your money is and if it is safe? With home foreclosures on the rise, stocks plummeting and job loss numbers growing, millions of Americans have questions about their money and the future of our country. Get the answers you need from Dr. Phil and his panel of experts. What do America’s money problems mean for you and your family? Are your retirement savings secure, or should you be doing something different? What about your credit card debt and your mortgage? Has the financial bailout left you worried about your personal finances?

Only confused, yes my money is in my checking account to pay my bills, I have paid for my shack, I have no stocks so they are not plummeting,  and so far my husbands job is secure.  I have no retirement savings, so I don't guess they are secure, I do have one credit card I shop with, I have no mortgage. 

The financial bailout has left me furious.  I lived for 12 spartan, and I mean SPARTAN years, to keep from being a burden to society and filing bankruptcy.  In 2002 it was over:)  I'm am just now living again.  I don't want to help anyone keep their home.  No one helped me.  I helped myself!

I agree with you. They bring these rich people on with big fancy houses and expect everyone to feel sorry for them. The wife is still only working part time.  Are the kis still in private school? That is an expense they could do without. Put them in public school. And if the kids are in school why cant she get a full time job?   They stood there and talked about their fancy vacations, and living high on the hog, and wants everyone to  just feel sorry that they are broke. Well welcome to the real world.  The husband needs to get a job, and it may not be the fancy, spancy work he is used too.

I dont get fancy vacations, never have.  Why is it that only the rich are highlighted on the show in this economic hard times. They are not the only ones suffering.  I struggle to support 9 people, you dont see much people like that being focused on. It is always the whiny rich people who are being focused on.

Many years my grown sister and my grown family  have  STAY OUT OF DEBT HOLIDAYS...

wE CALL THEM      STAY OUT OF DEBT HOLIDAYS...

sO MANY THINGS TO DO...

So much  less streessfull....  Feel so much better when you go back to work...

A few days are assigned   to home improvment projects...

A few days are assigned to reguvenate our body for returning work for another whole year...

A few neighbours are trying it,,,  at lest for parts of thier holidays...

This helps with our other project... money    !!!!!! 

for stay  out of debt  Christmas...

lee [the retired little red hen]

Stress  is  down...

I didn't see it mentioned in yesterdays show about retiree's that live off the money they put away for that purpose. We have lost over 1/3 of our savings in the past few months. We are lucky we have a pension from the auto industry (who knows how safe that is) and social security but we also have a mortgage and car payments. We thought it would make more sense to have a mortgage and put that money to work for us. Well that backfired on us. There's no way we can sell our house and move somewhere cheaper because the houses on our street have been for sale for over a year and they are selling for less than they paid for it. The question is now what? If the market doesn't  turn around........

Most of the show yesterday contained good, common sense ideas. Things people need to do. However, given the high anxiety running rampant in the country right now, a little calmer presentation would have spoken volumes. As Rome wasn't built in a day, this financial mess will take time to work through. I hope cooler heads will prevail. I know Dr. Phil likes to be "up and excited" for the show, but sometimes the best thing people can do is not become anxious in an already anxious system. 

Yes, I would like to see some of these CEOs and CFOs tarred and feathered, their money bonuses and severance packages taken away, and then sent off to work in a soup kitchen, but in the meantime, what the country needs is a calm and reflective approach to dealing with the situation.