Gregsnow.net

Over the past 18 months I have been throwing around the idea of a recession and in fact have spend a lot of time talking about my own personal spending situation with my friends and family.  Now we all know that the recession is upon us but the main question is how we are going to get out of it and how the financial landscape will look when our head is above the water.
I think were close to a turn around because Bush has been out office for two months!!
Actually I would place more confidence on those people who have lost their jobs due to layoffs over the past few months.  Actually they have a great possibility of reviving the economy because many of them have taken their employment situation into their own hands and become entrepreneurs themselves and will start to produce innovation products and services which will be the great hope we have all been waiting for.  There is no question in my mind we need kick start their creative and imaginative minds so they will invent and sell and thus become a new economic engine in this economy.  They say a rising tide lifts all boats and I hope that when those around us do well then we will too.

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There has been some talk where I work about 401Ks and the deprecated value of them after this last week. I guess now I am feeling good that I did not start one and invest money in an entity that ran wild on concoction of sub-prime mortgages and other bad loans. Many people now are kicking themselves for riding the light too far and not taking modest steps to ensure financial security.
As we go ahead we should remember to take account of our modest gains and appreciate them for what they are.

“And so my fellow Americans, Ask not what you can do for you, but what you can do for your country. “- JFK

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Its the summer now and thank God! It couldn’t have come sooner. I was dying over here this winter. I’ve considered myself fortunate to have time to get out and ride my bike, hike and walk many times already this summer and the fun doesn’t stop here!. Life is good as they say.

If you’ve read my last post you’ll know i was concerned about the ecnomey, specifically mine! The funds seem to be on the short side lately with no relief in site. I guess those of us who have jobs should consider ourselves lucky for having a job. Things are rough all over and I was just thinking things will start getting better when I read some more discouraging economic news online today. Record oil prices, inflation, credit crunch, global food prices, are just some of the challenges which are facing my pocket. I don’t want to complain about these things but I am concerned if the economic situation doesn’t improve people will start behaving like Celtics Fans when they win the NBA championship.

These times are not good and I think they are cause for concern and investigation. Unfortunately we are at the mercy of our governments to make the right decisions and do its job. To protect and serve in the least…

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