Dealing With Stock Market Jitters

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Thank you George Bush and all of your blood sucker friends. Don't say it isn't your fault. IT IS YOUR FAULT and the BOZOS that elected you. How does it feel?

POed of MS 3:36PM September 16, 2008

Isn't it time to wake and smell the coffee and all Americans to rally together and beat this financial meltdown nonsense by calling for a National Savings Bond Drive to finance our debts, wars, government, troops, families, economy, etc... By reducing our interest payments out of the US economy and increasing our investment in our nation we may begin the process of reducing the turmoil in our markets. We have stretched from the days of buying savings bonds for our children's future while in grade school to mortgaging our children's future for eternity simply because of easy credit and quick draw plastic. The 1930's and 1940's saw horrendous economic and World War challenges yet the whiners were few as they all knew it was a moot point to whine when there was work to be done. Modern days reveal a nation of whiners when our cell phone batteries die or Playstations have software problems. I just don't understand the fascination of spending 24/7 versus saving just a little. I've aways found I enjoyed my toys more if I had saved ahead ecause then I knew it was mine!!!

Ray Fisher of NM 2:54PM September 16, 2008

We will become a nation of savers when it pays to so so. Having a Fed holding interest rates for bank savings at rates half of inflation for years is a crock. Who wants to buy overpriced stocks. Get CD rates to 7% where they ought to be.
Then buy stocks after they have fallen---as they should have already.

of 1:15PM September 16, 2008

I don't invest because I have no extra income, so I guess I'm not too worried about plunging stock portfolios. I'm more concerned about food and transportation prices. If the Fed decreases interest rates again, it will be good for all those private student loans I have and what credit card debt I am carrying.
On the real upside, maybe we'll become a nation of savers again. My 70-something grandparents are both retired with a nice fat mutual fund and bank account to survive on. They never went on vacations they couldn't afford, or bought cars they didn't need. They invested conservatively and can live out their last years without worrying too much.

Veronica of NY 12:16PM September 16, 2008