Still a Gypsy

thoughts and things

2008/9/29

Mortgage bailouts

@ 10:14 AM (13 months, 28 days ago)

Well, here we are, well into the bailout proceedingsof the economic collapse due to the lack of sound judgement in our Federal Government. I can remember afew years back wondering to myself why there were so many new houses being built in the pricier subdivisions when there were at that time so many people losing their jobs in the manufacturing sector. I lived in Quincy, Illinois at the time and was seeing very large upscale units being built.....very nice in fact. Quincy had no new factories coming to town. Blessing Hospital was expanding a bit, but not enough to support that kind of building. I just couldn't see where the money was coming from. We had acquired several new restaurants, but no real big-money draws. We were creating jobs, yes, but these were low-income jobs, and required no extra training or expertise. Our minimum wagehas gone up quite a bit in my own lifetime. With that, the prices for everyday goods and services has also risen. I used to be able to get a dozen eggs for approximately a dollar per....now it's almost two. Might as well bite the bullet and get the local eggs, or organic. Have been known to do that.

I live in a trailer. I used Federal Student Loans from school to mke this purchase. It has kept me from having to pay excessive rent on top of already skyrocketing electric bills. I paid cash for my home. It's not nice, but I still paid cash for it. Tat is something I can look at and be proud of myself. It isnt much to look at, but it's mine and it cannot be foreclosed upon. I'm free. I have a washing machine of my very own for the first time in my life. I have always had to use a laundry facility of some sort, but now that monkey is off my back and I can do it at home. I had been washing clothes by hand for approximately three years with good success. I had to rely upn trial and error, but was able to manage and have clean clothing to wear. I have had my washer for approximately three weeks and can honestly say it was a sound investment. I paid about five hundred for it, once you take into account the warranty. I'm in the stratosphere!

I know nothing about what the future holds, but God said in Jeremiah that he has good plans for me, plans to give me an expected end. nother translation says a hope and a future. I  stand on the promises of Christ today. I don't know what I'll do once I get out of college, but I know I'll be continuing to put my faith and confidence in the abilities of my God, Jesus Christ. Peace to you all.

Comment(s) »

  1. Well well well ...it's about darn time you started blogging again....who else am I going to pick on if you don't post....lol....Congrats on becoming a home owner...be it ever so humble.....there is most definitely no place like home.....It's a start....go from there...I assume "student loan" infers you are still in school.......good good goode...education is the key....aint that taste of "me, mine, my place, and independance" tasting gooooooood?:mrgreen:riff

    Comment by riffran— 2008/11/03 @ 09:10 PM — (Reply)

  2. "DONT" forget to mention that it was the "DEMOCRATES" IN CHARGE OF "FANNIE AND FREDDIE" WHO BROUGHT DOWN THIS ECONOMY !!!!!!!!!

    Comment by aza spade— 2008/11/04 @ 10:34 AM — (Reply)

  3. you got it chili man....lol...riff

    Comment by riffran— 2008/11/04 @ 12:34 PM — (Reply)

  4. I'm hangin in there. Almost done, december is the end, unless I don't pass Math, then it's one more semester!

    Comment by Michelle Wardlow— 2008/12/07 @ 11:00 AM — (Reply)

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