So, the credit crunch is well under way. To me, this has been a long time coming, and it was obvious something like this was just around the corner.
Anyone who lied on their mortgage application form (essentially committing fraud) is now reaping what they have sown, and I for one, have no sympathy with them.
The greedy traders who have gambled with everyones security should now be made to pay with their jobs, in my opinion.
I think this recession is going to be longer and harder than the lies we are being peddled by our politicians
I hope the legend printed on the dollar bill isn't all we have left....because then we are all totally screwed!
Saturday, November 22, 2008
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