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by Tami_Hughes from FOX 6 Milwaukee

Last Post 11 days, 1 hour Ago


This whole rate cut/ recession/ global economy mess is soooo confusing for the average person.  I know enough to understand I may try to refinance my house... but that's about all I understand.  Then I hear President Bush is talking about tax cuts.  Part of me is pumped because we could sure use the money- but did this work the last time?  I don't know.  How will this affect our retirement money?  So many questions.

Is this something you understand or are concerned about?

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Member Comments Total Comments: 4
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A_Jive_Soul_Bro read my blog view my photos
Jan 22, 2008 | 9:57 PM

All these rate cuts and tax cuts are doing is prolonging the lead time to when our economy crashes. Too much debt and out of control spending. While our Fed Reserve was allowing the lending of money at super low rates to high credit risks, our Legislative and Executive branches were writing blank checks to pork-barrell projects. That's what it really means.

P.S. I too will likely refinance my house if rates continue to decline.

ceplina read my blog view my photos
Jan 23, 2008 | 8:49 AM

i think this shoul open the eye's of everyone in our government,our economy is losing primarilly due to all the high cost the gov instill's on us,#1 the cost of fuel's,cig's,taxe's,insurance's,thing's people require.we need to have these thing's and because we need them this is supply and demand,this is eating alot of our money therefore we need to quit spending on everything else (bugeting)to afford our need's.we can't go shopping if we do not or cannot afford gas to go shopping,i own my own business,(new)but i work more for gasoline than anything else.the gov broke us and need's to fix us.

desertwindrider read my blog view my photos
Jan 24, 2008 | 1:28 AM

Here is what I understand:
Our economy is in deep s***.
It costs more to get to work, costs more to eat, costs more to buy the things you need day-to-day.
And we have Bush to thank. The Bush administration has acted so irresponsibly that our country's economy will likely crash. We are on our way to becoming a third world nation.

ceplina read my blog view my photos
Jan 25, 2008 | 10:34 AM

We are really getting into deep ****,the Gov is running the U.S. not the people.and it should be"For the people by the people"foreign countrie's are buying up stock in american companie's what happen's when they own 51% of all companie's would they own "our country".our product's will be made in America but by foreigner's,when thier best interests might be to see America crash.

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Tami_Hughes

FOX 6 Anchor/Reporter Hey all you bloggers! Here are some things that I think sum me up... coffee, kids, Van Morrison, cinnamon, Food Network, exercise, wine, Miami Hurricanes, naps, four-legged critters, and wifey. (In no particular order-sorry hubby!)

Member Since: 8/24/2006