This week, for some reason some things are really starting to fry my butt----so am gonna off-load here---want to warn you more sensitive happy happy people, best ya skip this post and keep your head in the sand------.
So whats bugging the old dude ya wanna know?---I am totally bummed out over the kids bitching about how miserable they have things, tired of their loud ignorant cater-walling, the sky is falling rhetoric-----.
Maybe its because its an election year, maybe it because we only have a half dozen major media companies and gawd forbid any of em dare to disagree with the others, so the whole group moves in lock step (maybe you recall the WaMu adds about the group of fat old bankers being penned up ----well that's our media today. All run by 40 year olds , getting advice from 30 years old who are still living at home.
I had to actually laugh today listening to a radio announcer reporting the news actually emotionally, his mind boggled, report that housing prices here in So. California had dropped 24 percent from a year a go.---"the sky is falling, the sky is falling", screamed chicken little" The same announcer a moment later added, "New housing starts are at a 17 1/2 year low, and new mortgage rates where 6. 7%----"the sky is falling , the sky is falling---". I purchased my first house in 1975, (in Colorado Springs, Colo.---a beautiful city on the front range of the Rockies), The price (1975) was $138,500" and I obtained a VA mortgage of 7 1/2% fixed. My mtg payment was 279.00/mo-------At the time, I was earning a gross paycheck of $245/Week. I had to drive up to Denver, (75 miles) to argue with the VA to convince them I could afford the mtg payment, and show them how I budgeted my money---I was 38years old at the time)---anyway I got the loan. The laid in concrete rule by loan agencies at the time was your mortage payment could not exceed 1/4 your monthly income. Seems we are getting back to basics in this last year----thats a good thing.
So here we are 33 years later, the mtg rate is wow, under 7%----housing prices have fallen 24 percent from last year----(I remember the year before that it being reported that they were INCREASING 20-25% Year to year---was the sky falling then??). Kids today just don't get it, all their lives, life has been given to them on a platter, they have been patted on the heads, told how great they are (and passed upward grade by grade--don't want to give the kid a trauma---and the parents,--"heres some money go away and play, don't bother us"----but now some have moved out from under their parents umbrella---and a few drops of rain , and total panic----if it wasn't so sad to see how ignorant they are , it would be funny.
Well its an election year, and the media (gotta sell them papers and keep them advertising rates up) have all decided to swing left and push the theme of "Change"----lets bash the ins, promote the new faces----damn the torpedo's full speed ahead----. The finance people, the ones that control the money ain't stupid----and they see the trends, and they act accordingly, one step ahead of the media herd------we NOW have the Liberals taking over congress again, after some absence----watch your congress spend money on new large welfare programs for education, medicare, social security, do not expect a tax cut, lets cancel the money for the war, and spend it on new welfare---hows THAT for Change??----watch too, the cost of living index, ---under the last liberal government it hit double digits---(most kids and people in power today hadn't either been born or were still wearing pull ups).
Okay,that's enough of MY ranting---been there before, and here we are again---life WILL go on----and I have to SALUTE our forefathers who established our government, set up the checks and balances-----who knew the people would be so fickle, and swing left and right ---like who knew??