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Sometimes I wonder what is going on. People are being made homeless. They have homes, but those are being taken away from them. How do the banks expect to sell them with money tight? Wouldn’t it have been better to re-work many of the mortgages of those in trouble?

Housing is not in good standing, people have to live some where. Don’t they? Under a bridge, in an abandoned building is not a good choice. What are these lenders doing? It appears that they are cutting their own throats. The very people that they had once chased to get their signature, they are now evicting. Variable mortgages, balloon payments, out sourcing jobs, high fuel prices, arrogant businesses…they all seem to be paying the price. After all what use is it to make things cheaper to manufacture, if people have no money to buy them anyhow? Foreclosing on homes….those homes will sit vacant because no one can afford to buy them. High fuel costs…People stop driving their cars so fuel is not bought.

Right about now there are fat cat businessmen out there with out any noses on their faces. When you damage the people, in the long run, you damage your self. The children are the ones who have had no choice in any of this, but they are paying for it still. I don’t mean to sound gloom and doom. I just feel concern for the generation growing up homeless.

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This entry was posted on Saturday, July 12th, 2008 at 8:21 am and is filed under Business stuff, Life, People, Tilly's rants. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.