It has been almost 1 whole month since I have had a minute to jump on here and post something. I apologize for that. Let’s not worry about that and let’s talk about what is happening in our economy. The stimulus has been signed and we will all receive some kind of rebate. The Fed is cutting interest rates and giving money to people to spend. Let’s hope they spend it fast so our GDP goes up. Obama and Clinton are still neck in neck, and on the republican side we have McCaine and Huckabee who will not drop out. Today I heard a little bit on what Obama plans to do with the economy… he sounds like a dictator! He is too inexperienced to be president. Hilary Clinton should not be president either because of the same reasons as Obama. McCaine should just stop fooling people and run as a democrat… Huckabee, I don’t know much about but I know that I like him more than the others. He is pretty straight forward and I like that. Well, to the economy now. Prices of homes are dropping more and more… so we haven’t hit bottom yet! Loan limits will be going up in the next 60 days in California, which I think is huge. We just have to wait and see what the banks hits will be to borrowers. Commercial properties in California are taking a huge hit as well. We will soon here if we are in an official recession or not. Interest rates will be lowered again but bonds are tanking which means interest rates on loans will go up. It is a crazy unpredictable market. Unemployment has gone up and is still moving in that direction. This is all pretty depressing. Basically, in a nut shell, our economy is hurting significantly and we are soon going to have a president that will be a HUGE mistake! We are not in good shape as America right now. Tell me what you think.
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