"Be fearful when others are greedy and greedy when others are fearful"

Warren “muthafuck a recession” Buffett is doing what he normally does in a time like this. Buys up good companies for the low-low. He just dropped 3 billion into GE (a stock I own) and Goldman Sachs. I tried tellin everyone who cares if the market tumbles, that’s life. But Americans will be Americans and will scream the sky is falling (in a sense it is, but isn’t) and will sell off their stocks which brings the market down, which leads to companies laying off workers, which leads to people sellin more shares and companies layin off more people, which…you get the point. But I’m not in agreement with him and the BOB. And of course the reason is purely financial. Of course he wants the BOB to pass and pass soon because the sooner the companies get back on their feet, the sooner his portfolio can bounce back. Me, I don’t see it that way. The sooner you bail out these companies, the sooner they forget that they just received a handout and the sooner they ask me to pay my debts to them. I think all lenders should show some gratitude to the tax payers of this country by slashing all non luxury debts by half. Now we get into a sticky situation and I already know there are people that will disagree with me on this so let’s keep it simple. If you owe money for school loans, that should be slashed. And that’s it. Lol. Because if I start sayin if your house cost less than x amount, people will say well x in LA will get you more than x in Buffalo, so how is that fair? So let’s leave it at student loans. All student loans should be reduced to half. The end.