Comments on: My two cents http://www.diyhf.com/2009/01/30/my-two-cents/?utm_source=rss&utm_medium=rss&utm_campaign=my-two-cents You are just as smart Mon, 09 Jan 2012 17:16:08 +0000 hourly 1 http://wordpress.org/?v=3.2 By: MGM http://www.diyhf.com/2009/01/30/my-two-cents/comment-page-1/#comment-13 MGM Tue, 10 Feb 2009 18:39:05 +0000 http://www.diyhedgefundsonline.com/?p=332#comment-13 Good idea, yes……but perhaps we need to start “refocusing” ….. The way I see things (and like me, so many others….) 1. We pay all this money in taxes, and for what, so that WS/Banks can distribute 18billion worth of bonuses in the worst year ever?! 2. I tried to refinance my mortgage, all I can get is a mere 6% if I am lucky, and oh by the way, pay another $8000 cash just for daring to refinance. In UK people are paying 2%.....what is going on? 3. My salary has been frozen, unlikely we will get any bonuses, stock options or the like this year….and let us not even get into where my 401K is, my small investment portfolio, etc etc etc, not to mention the fact that I may not even have a job at the end of the year/month? 4. I can’t take my children to public schools, have you been to one in the City lately? Or checked how they are performing vis a vis the other schools in the Nation? (this in case you were wondering). Private schools in this city for a 5 year old cost more per month than a full five year university education in the best University in say Italy…..????? In the meantime, the wonderful stimulus package promises me nothing….hundreds of millions may be spent to study climate change? Really, I thought we were going to leave the pork for the Italian Paninis that we all enjoy so much….the following cartoon says it all cartoon Forget the banks, I want my mortgage rate to be lowered down to at the very least 4% (cannot dare to ask for that British 2%), I want decent public schools in NYC, I want my taxes to be reduced to reflect the high cost of leaving here (where an annual income of 200K is tantamount to poverty), I want my money to be spent on me, not in all the bankers and their secretaries who brought us to where we are to begin with……Give me (2million) and I will show you the power of job creation in 5 minutes……I will even go the extra mile and teach FOR FREE my teenage boy the “disadvantages of STD” ……. ;) http://kona.kontera.com/javascript/lib/imgs/grey_loader.gif Sorry if I sound disillusioned, or if I don’t care anymore what happens to the banks, the toxic assets, and all else, it is about how I can make ends meet and put food on the table at the end of the day…..you got me started! Those are my two cents Good idea, yes……but perhaps we need to start “refocusing” …..

The way I see things (and like me, so many others….)

1. We pay all this money in taxes, and for what, so that WS/Banks can distribute 18billion worth of bonuses in the worst year ever?!

2. I tried to refinance my mortgage, all I can get is a mere 6% if I am lucky, and oh by the way, pay another $8000 cash just for daring to refinance. In UK people are paying 2%…..what is going on?

3. My salary has been frozen, unlikely we will get any bonuses, stock options or the like this year….and let us not even get into where my 401K is, my small investment portfolio, etc etc etc, not to mention the fact that I may not even have a job at the end of the year/month?

4. I can’t take my children to public schools, have you been to one in the City lately? Or checked how they are performing vis a vis the other schools in the Nation? (this in case you were wondering). Private schools in this city for a 5 year old cost more per month than a full five year university education in the best University in say Italy…..?????

In the meantime, the wonderful stimulus package promises me nothing….hundreds of millions may be spent to study climate change? Really, I thought we were going to leave the pork for the Italian Paninis that we all enjoy so much….the following cartoon says it all cartoon

Forget the banks, I want my mortgage rate to be lowered down to at the very least 4% (cannot dare to ask for that British 2%), I want decent public schools in NYC, I want my taxes to be reduced to reflect the high cost of leaving here (where an annual income of 200K is tantamount to poverty), I want my money to be spent on me, not in all the bankers and their secretaries who brought us to where we are to begin with……Give me (2million) and I will show you the power of job creation in 5 minutes……I will even go the extra mile and teach FOR FREE my teenage boy the “disadvantages of STD” ……. ;)

http://kona.kontera.com/javascript/lib/imgs/grey_loader.gif

Sorry if I sound disillusioned, or if I don’t care anymore what happens to the banks, the toxic assets, and all else, it is about how I can make ends meet and put food on the table at the end of the day…..you got me started!

Those are my two cents

]]> By: bigone http://www.diyhf.com/2009/01/30/my-two-cents/comment-page-1/#comment-12 bigone Mon, 02 Feb 2009 18:31:47 +0000 http://www.diyhedgefundsonline.com/?p=332#comment-12 bill gross: http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/IO+Feb+2009+Gross+Beep+Beep.htm bill gross: http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/IO+Feb+2009+Gross+Beep+Beep.htm

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