McCain swings right....cool

The headline reads " McCain urges a hand up on mortgages, not bailout.

That a boy McCain....find those fiscal conservative values. Obama and Hillary want to bail out not only the mortgage and financial companies out but want to help John Doe due to the fact that he did not understand that when you make 50k a year....you can't own a 400k house with zero down.....

I heard of a study that said that well over 60% of people do not want the government to help out these unfortunate souls. It's about time !

I hate to see people have hard times....however, if you made your bed....then you must lie in it. Charities are in the business of helping the less fortunate and people in need. The private sector....that's us....need to support those organizations. We don't need to have the Government Tax us to death and redistribute the monies to people who were just dumb in the first place. The recession is happening, we have had them before and we will have them again. The Gvt must be in charge of the monetary policy....but they cannot even agree on this issue. Many people believe that Greenspan was the greatest....others blame this recession on him. Read his book....hard to read...but very interesting on how complicated this economy really is

Here some financial tips that I have lived by:

Don't spend more then you earn!
Except when it comes to 2 things Cars and Houses. Cars...buy used and houses don't buy without having 20% down and use the 35/65 ratios to ensure you can pay it easily

No credit card debt.....ever.....pay it off monthly....all of it
Be cheap when you are young
Clip Coupons and buy food on sale
SAVE MONEY ALL THE TIME

This may not sound fun....you won't have the 50" big screen and drive the coolest car....but you will have money to have the good things in life....a nice home for your family...that yearly vacation with your kids...they will remember those things....not that you had a new car every three years.

Anyway...off the soapbox.....back to the cables.

P