Bernanke To Investors: You're On Your Own!

Getting back to Fred's link, I found some ratings on the safest banks: http://www.gfmag.com/tools/best-ban...xzz1WLMl29Fy

Good points. It is NOT the Fed's job to guarantee anyone's profits. IMHO, the Fed has been the creator of or a large contributor to all of the bubbles in recent history... Internet stocks, housing, banking, etc. The Fed needs to "man up" one of these days and admit that their policies have been misguided and have caused much more trouble than they have solved. That's extremely unlikely but it would be an excellent 1st step in healing our economy.

Most home improvements raise the value by less then the $$$ you spent to do the improvement unless you are very skilled at carpentry and can do your own electrical and wiring. You would be better off using the cash to pay down the existing loan.

I think it could be argued that QE1 and 2 caused inflation. They certainly devalued the dollar. And it seems that instead of taking the money and reinvesting in America the Banks and other institutions either added to their Reserves; invested overseas; or invested in Commodities. The last having the net effect of raising commodity prices. And since when have higher prices for food and energy been a good thing for this economy? No for ONCE I have to agree with the Fed. I also see where they have gone away from the Partial Employment model, which led to this Recession and are now backing the Pre-1980 Full Employment model. Yes, it did create wealth...for the wealthy. Corporate earnings are through the roof. Salaries for Upper Management have increased 10 fold. But at the price of destroying the dollar, the American Middle class, and the American Economy. And Corporate America simply does not care. As long as their profits are up ( and they are) then they could care less about anyone else.

I'm never understanding this hate Corporate America thing. When people say that I want to run as far away form them as I can get. I figure they don't have a clue how to succeed and I don't want it to rub off on me. Look the simple fact is Corporate America has been pretty good to me. Now I had to work to get a part of the pie, and it was darn hard work. Farm prices go and and down faster the PM's do.

But without Corporate America I don't pay my bills. I could care less how much they make, I just make sure I get what I want and they make more then well they negotiate better than me.

My house is old built in 1846. It has had some additions and updates since then. Last fall we had to do a few things so I had to have it appraised again. I was concerned with all the was going on last year. This was the first time they wanted an appraisal in 9 years too.

I fell off the chair when it came back $125,000 more than the last time. No big addition or improvement in those 9 years either.

There are a lot of angry and mad people lately. The blame everyone but I was always taught to take care of yourself and figure things out when times where bad. We have done ok and the PM's have done really great. I remember those that told me it would never build wealth. Those small investments of dollars over time really paid off.

My point is stop blaming everyone and figure it out for yourself. If a person has more money congratulate them and if you want the same then figure out how to do it.

I compete with large cooperate farms, we had to make changes and figure it out.

I look at the current economy as a opportunity. I'm just not waiting for someone else to figure out what that opportunity is for me.

My long term strategy in PMs have paid off big time. It gave me the flexibility to make some moves which I did. It sure beats crying about Corporate America. I made the sacrifices when I was young, figured things out and to be honest I don't even notice a change in the economy.

Without corporate America most of us would not have a job.

And CA CANNOT have increased profits WITHOUT the people that generate those profits - the people that work for CA.

So, whether you like it or not, CA MUST care about their workers and the workers MUST care about CA. ONE CANNOT LIVE WITHOUT THE OTHER in our society.

And CA is also the engine that funds most of the financial funds that make it possible for retirees to enjoy their golden years. So, bashing CA is like shooting yourself in the foot.




They refuse because they will become NON-COMPETITIVE if they don't. And non-competitive corporations either go out of business or go bankrupt. If your company started hiring only in America, within months you would not have a job.

MOST of the blame for pushing corporations to hire overseas belongs to the U.S. Government through high taxes, onerous regulations, manipulated currency, and even kow-towing to pipsqueak nations.

Just for their owners.

yep credit and income both take away from your ltv.dti is your total minimum monthly payments on your credit report if under $15 on any of them you count them as $15 then divide that total by your monthly gross income witch you can find on your tax returns under schedule c for adjusted gross income add in any verified rental agreement income to your adjusted gross income and divide that by 12 if over 31% dti then its a bad deal now a days