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DOW 8000 in the charts

I still cannot comprehend how people earning $50k/year thought they could afford a half million dollar house. I mean, seriously. "You just pay the interest and when you make more money in a few years, you can easily pay it off!" Argh, people are idiots. (I just never knew there were that many idiots that were that idiodic.)



:cow:
 
I still cannot comprehend how people earning $50k/year thought they could afford a half million dollar house. I mean, seriously. "You just pay the interest and when you make more money in a few years, you can easily pay it off!" Argh, people are idiots. (I just never knew there were that many idiots that were that idiodic.)



:cow:

Exactly. Why buy something that you don't have the money for. The vexation of trying to make out why these people did what they did has me like WTF!!
 
Time to put your money in a Equity Index Universal Life product and then do Split Dollar when you are retired...
 
I still cannot comprehend how people earning $50k/year thought they could afford a half million dollar house. I mean, seriously. "You just pay the interest and when you make more money in a few years, you can easily pay it off!" Argh, people are idiots. (I just never knew there were that many idiots that were that idiodic.)



:cow:

<---couldn't have said it better myself..........

This transcends party lines, it comes down to common sense, and now "some" are paying the price.

I think this will be resolved once Congress sees how low Wall Street can go.........
 
The dollar was erratic yesterday, but it do disasterous drop or anything like that. Hell, the Euro is down from yesterday......... right now is a good time to jump in as this low is lowest all day in 24 hr trading.
 
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