Hey Everybody, Let's FREAK OUT!!!!

In case you haven't heard, the stock market is down and we are all heading for a great depression, business is over as we know it, and we are all now terribly poor, and only the government can fix our lives.

Oh please!!!!!!!!!!!!!!!!!!!!

Time for a reality check. The dow is at 9400 something. That is the lowest its been in (drum roll please) 5 years!!!!! 5 years? That means that stocks are worth what they were 5 years ago.

(Wow, what a spike, I think that still covers inflation. I don't remember all those spikes going up being reported. In the same two week period, the market has gone up 400+ points two times that I know of.)

Then the government passes a 700 billion dollar bail out. Since when is it the governments job to give money to stupid rich people? But we can't live without our credit because then we can't buy a home or buy the new car we all neeeeeeeed (please read with a whine). And it was so important to hurry this legislation through, oh, but once it passed it will take a month before any of that money will go out. At least our government can still get a line of credit to over borrow so that we can all still have that same ability. I think the bill will have a terrible effect on Wall Street, because now all the businesses are looking to the government instead of innovating.

According to the news, as a middle class person I should be terribly poor and struggling because I do not have a new car, house, and giant screen TV. My life must suck!! But last I checked I am still being just as overly entertained by my 20" $89 TV and my used car runs just fine (and I should have got something cheaper). Oh, and I have a great family and wonderful friends and a good church. It makes up for my lack of designer clothes.

If you own a car, you are in the top 10% of the nations wealthiest people.

We are mad because we can't have everything we want and we forget that there is a natural ebb and flow to economies. The reason the 90s and 2000s have been so profitable is because a lot of people (me included) bought stuff with money we didn't have (I'm still working on having mine, meaning paying back all my debts).

The next president won't fix it, the government is not our Savior, and I'm not voting for anyone who voted for the package. I would rather have a Congressman I disagree with on a lot of things who isn't going to freak out or think that the government needs to "save" Wall Street from a 5 year low.

People are mad because with credit drying up they can't get a loan. Good!!! Maybe we shouldn't buy crap we can't afford. Maybe the banks will learn something that they will remember for 5 years before they start doing stupid loans for short term profits again.

Everytime the stock market have fallen 10% or more since 1970 10 times, and it was back up to its original value with in 2 years 9 of those times (Dave Ramsey stat).

When did the US get so codependent and scared?

Or maybe we are headed for a great depression and our government will implode. Welcome to the fall of Rome people. The Kingdom of God is still here, and regardless of what happens, I'm gonna be okay.

You think this fits into all those Amos posts somewhere? Banks getting rich (temporarily) by lending to people who can't afford it? Yes, people shouldn't borrow what they can't afford, but even more so banks shouldn't loan for luxeries what people can't afford. Almost anyone will take money that's available, especially irresponsible people. So then we bail out the rich sector so the poor will be okay? It just doesn't ever seem to work that way.