Well I really feel stressed today with the markets acting down and I happen to work for a bank.I have to think that i could lose my job any day now. now that's not unusual for people in banking but it really is bad today.Banking is the target of bad decisions,congress,the Fed and anyone who now has an unpaid mortgage or bad credit card debt.You would think that that was everyone today with all of the bad news we see in the media.
Now despite tons of wisdom and history behind them bankers constantly make the same mistakes and we have plenty of customers willing to do the same thing. i have lived with these mistakes my entire time working for banks and it seems that every ten or twenty years these mistakes jam up the banking system and ruin many many lives.
I say that when this is over we should insist that kids get a proper education on saving and discreet use of credit.
In fact I would go so far as to make sure that new banking customers receive,actually be made to take a course in correct use of credit and proper savings techniques.In other words,you either take the course or you do not become a customer of the bank.Believe me a little more tough love and we do not have these problems we see today.
Ger
If you ever watch a Walmart ad on TV don't believe them. At least don't believe the looks of the people in the ads. White middle class looking individuals who live in attractive neighborhoods and suburbs.I visit the parking lot of a Walmart store in my hometown and most of the people I see entering the store(at 10:00pm)are far from healthy looking young white suburbanites.They are generally minorities .Walking through a trash heap with more shopping carts left in the parking lot then the local Acme has for its entire store see young Hispanics and Blacks carrying little babies. I think that no Walmart or any kind of store should be open on a Sunday night at 10:00pm(they close at 11:00pm)for any kind of shopping.I figure that many shoppers in the store are up to no good and that the parking lot remindes me of what the USA will look like in less than 50 years.I hope that someone with authority will see that this store closes at 9:00pm so that people will be home at night with their children in bed instreadf of shopping.
Ger
