Patientlywaiting, JWM and lendingbubble first off I don’t think any of you guys are pricks. I think that your opinions are perfectly valid and I do not disagree at all. I absolutely 100% believe and really want the following… no bailout, no intervention, no changing of any limits, no stimulus garbage, no SPENDING of my tax money to subsidze this mess… I 100% want the market to operate in a free and unfettered way because that is how it will return to a healthy state with the least amount of cost to me.
I do realize that this will require pain. It could be alot of pain… the likes with which we have never ever seen. I could not agree more about wanting a much healthier and stronger country for my kids. I look at the now as they toddle around and sometimes cannot help but think how much worse off the world is that they are growing up in then when I was in diapers.
Settling the tab now is the best thing for them. I just have a fearful stance of that bad medicine. I don’t have the hooray bring it on mentality. I have prepped myself for it as much as I can and as well prepared as I think I am, the REALITY of the situation is that nobody here knows how bad it could be. I am never fearful of the known. I am always fearful of the unknown. So my whole point in this post is that there is this supreme confidence by people saying bring it on when they don’t, and cannot, even define what it is they are asking to bring on.
Seems kind of Bush like to me. (and I voted for him!)
Again, try to understand. I want the nation to be better, I want the fix, I want the bad medicine. Just because I fear it doesn’t mean I don’t want it to happen. Don’t mistake that cautious approach for endorsing the way things have been.