Sunday, March 08, 2009

Long time no post

Yeah, I've kind of been busy.

My life in Chattanooga is sort of on a downward slope now. I'm trying to get some of those remodelling projects done that I've been procrastinating about so that my house will sell. I've even started packing some stuff. The fact that I won't need that stuff for several months is a sign that it might be better served by being taken to the dumpster. Maybe my little sister was right though, stuff has feelings too.

Fortunately the real estate market in Chattanooga really hasn't declined at all. Property prices are pretty stable from where they were at a year ago. Hopefully that will hold until my place is sold.

I've found the economic politics of the last year to be very interesting. Both parties have missed the key point about the housing collapse... the problem was due to people consuming more than they were able to afford. People took on more debt than they were able to handle. The solution to this is to give banks gazillions of dollars, and then chastise them when they don't lend the same way to the same people who got us into this mess to start with. On a federal level, the consensus seems to be that the problem can be solved by the government spending massive amounts of money and thereby taking on massive amounts of debt. Wasn't it debt that created this problem in the first place? What ever happened to people trying to live within their means?

Recently someone commented to me that at least things can't get any worse. I was rather baffled that someone could say something like that, and asked them if they had ever been to Haiti. People feel entitled to our current way of life, and have no concept of what most of the people in the rest of the world live like. I'm sure that Obama will soon wave the magic wand that he promised to wield, and no one will ever have to work again, health care will be free for everyone, food will magically appear in the kitchens of all, and all of our cars will always be brand new.

How is that for a rant?

2 Comments:

Blogger Gene and Amy Stauffer said...

Ha. No concept of what hard luck is. Like the woman on the news who said that things are so tight, she has to shop at Wal-Mart and cook meals at home several times a week.

8:56 AM  
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