Wednesday, October 1, 2008

Wall Street

What a crazy week. The market is way down then up some then down again. If the senate and house pass the bailout package, then we are supposed to be up again. This to me just removes the idea of personal responsibility. If I didn't pay my mortgage, my house would be gone. If I wrote a bad loan, I would loose my money.

Why should our government step in and try to circumvent accountability? I realize I don't see the entire picture. I also realize that Hank Paulson who was the CEO of one of the strongest investment firms, Goldman Sachs, sees things better than I do. So I don't think I have all the answers.

Next week should be an exciting week. If the bill passes, then we can see where it all leads. All I know is that I have to move towards my goals each day no matter what others are doing. If I do that, then good things will happen.

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