How’s your house value doin’? Mine’s been tanking. I’m down about 20% and we’re listing to starboard. But if yours is up, you must be looking forward to Bush’s third term, his and John McCain’s.
Glad you asked. My 401K is in the dumpster, also down twenty points. Course, it wasn’t that big to begin with, just my life’s savings. These McCain people are just smarter than me. I went with the old conventional advice and of the small time money managers who said to diversify. But the McCain people – and I’m sure that if you’re voting for him you fit the profile – are really looking good and getting rich while we Obama supporters are in the toilet. Everybody supporting McCain is going to keep their tax windfall from George Bush and John McCain. You’re not in the top one percent? Not in the top five? But you are supporting John McCain? Really!
A couple of my neighbors are sweating the small stuff – not like you. One got laid off and the other’s company was sold last week. They’re both whiners – complained about not having golden parachutes. I’ve been reading the papers and saw where the big time operators at Freddie and Fannie are getting millions. My neighbors are ordinary folks, so they're probably getting only a couple of hundred grand when they hit the bricks. Most ordinary folks like you and me are really safe right? No? You mean your job isn’t really bullet proof? I’m sorry; I won’t go that way again.
My next door neighbor’s kid graduated from college in May. He’s waiting tables until he can hook on with a Fortune 500 outfit. He majored in economics and hasn’t got a single feeler from anywhere. Damn that Post Office! They can’t get anything straight. Oh well, the tips are good, at least from those drinking heavy.
His sister’s getting ready to go to college. They told me last year that they had it aced, re-mortgage just like Freddie and Fanny had been papering the world. You know, the old ATM machine with windows. But he told me this morning that a bad pair of lines intersecting there may have put the kibosh on that one. Availability of mortgage money isn’t what it was on one axis and the ever sinking value of the house on the other. What the hell, a year changing bedpans at the local hospital will be good life experiance for her until their ship comes in.
Well enough of the whiners. Phil Gramm says we’re fine if only we’d just stop crying in our beer. While John McCain has said he doesn’t know squat about economics, maybe my neighbor’s kid could help him out. At least John knows – or says – the economy’s sound, and I’m sure you agree, if you’re voting for him.
Now you are b.s.n’ me, right? Or are you another Alfred E. Newman with a “What me worry? Hanging around your stupid neck?”
Thursday, September 11, 2008
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