Comments on: That’s Not My Golden Parachute.

By: Corina

Corina — Sat, 27 Sep 2008 00:42:33 +0000

The thing that bothers me (well, there are many, but one of them) is the fact that they say, “If we don’t do this bailout, the problem will move from Wall St. to Main St.” It is already here. I know that the problem will be potentially bigger, but it is already a gigantic mess. Small businesses are failing left and right, closing our main streets, threatening our communities. Time to really make a difference with those people. We can also help as consumers, shopping those independent retailers and businesses. Boost them up. Save communities and families.

By: tcmom

tcmom — Fri, 26 Sep 2008 00:28:53 +0000

Ilinap – Yeah, I always think of you when there are creepy crawlie stories around these parts. LOL. And yup, thanks for sticking by my side when I said I agreed with Bush. Granted, all he said is things are bad and we’re up the creek if this doesn’t work so… nothing we don’t really know and not too hard to disagree with I guess.

By: ilinap

ilinap — Fri, 26 Sep 2008 00:22:24 +0000

Remind to never visit you until that yard is cleared. You know I am DEATHLY terrified of snakes, right? Also, I could barely make it through the whole post after you admitted, put in writing even, that you agreed with Bush. Gulp.

And I hear what you’re saying about the bailout schmailout. It is frustrating. Perhaps this disaster will make more people learn personal fiscal responsibility. There are too many living the high life, emulating celebrities thanks to 24/7 star worship, all on credit. My mom and dad taught me to pay in cash. And if it’s too good to be true, it is. Old adages die hard.

By: tcmom

tcmom — Thu, 25 Sep 2008 23:01:56 +0000

This is weird folks. I just watched a lawn service drive away – they mowed that lawn!! How strange it happened on the day I chose to take this picture. Does is symbolize hope? A fresh start on the same day that this bailout is signed? Or does it really just symbolize what I think it does… that my ass is grass.

Sarah – Your story is the nation’s story. Awful. I hope something happens in the next couple years. Hugs.

Kacey – Thanks for getting it.

Holly – He’s right. I’m happy to hear that there is some focus on NOT paying out those higher-ups. They should be ashamed of themselves. And we did mow the front lawn b/c we were so sick of how bad it looked next to our home. But the backyard was too much to take on. Until today. So WEIRD.

By: Holly at Tropic of Mom

Holly at Tropic of Mom — Thu, 25 Sep 2008 22:48:58 +0000

Great googlie mooglie is right. This is a huge issue. My husband is in finance, and the big financial crises we’ve seen lately are all he talks about. The bailout isn’t fair on many levels. One level my husband has seen happen that doesn’t usually get talked about in the news is that when these things occur, the higher-ups walk away with a nice severance package while the underlings get fired because the company has to cut costs somewhere. So the underlings are out of a job *and* their tax money is going for the bailout — twice screwed.

And my husband also actually did mow our neighbors’ yard for two years until someone finally bought it. We also know someone who kept up his neighbor’s pool because it was green and attracting mosquitoes and smelled bad!

By: Kacey

Kacey — Thu, 25 Sep 2008 22:03:54 +0000

Life isn’t fair sometimes is it? You play conservatively and get a 30 year loan. You pay it on time. Nobody is bailing you out that you’re paying on a mortgage that’s more than the house is worth now. I hear you.

My father always drilled into us to NEVER get an ARM. Ever. I listened, thank goodness. Sometimes the “easy” “cheaper” way out isn’t really the best option. Like you said, enticing, but not always the way to go.

As for the critters in the yard next door…yuck.

By: Sarah

Sarah — Thu, 25 Sep 2008 19:55:30 +0000

We’re in the ARM boat – a 5 year ARM which is due to adjust in 2 years on a home that is assessing now for less than what we paid. The sad part for us is that we were approved for our current mortgage on my salary alone since Anthony was so new to the country and even though we knew we’d have his income which is more than mine, we couldn’t count it and I couldn’t qualify for a 30-year fixed. So we’re stuck and as of now can’t afford to refinance.