Friday, December 12, 2008

Might as well give John his bonus

When it comes to investing, there is one rule all investor go by (at least the good ones): Never dump money into a company that is going bankrupt. All the politicians in the country and not one of them took an econ class? The U.S. government has lost $16 billi of the 700 meant to help bail out Wall St. I understand that you need to spend money to make money, but you don’t LOSE money to make money. What the fuck has the financial district done in two months to have already lost the 16? Mismanagement like a muthafucka. We need to do what everyone has said all along and put that money back in the consumer’s pockets in the form of erasing debt. Once I’m debt free, I will ball outta control. I will move into a new apt, I will buy a new car, I will shop till I drop. I pay back around $700/month in student loans. If I had $700 extra a month, I could easily split it in half and use the money to bump up my lifestyle. Stupid fuckin government. Where’s Change when you need it?
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