patrick.net

"Looks like everybody is trying to time the market and more people are thinking that the time is now."

"Trying" being the operative word here...ooops! ;)

Superq

I'm guessing you're a union member? ;)

I used to teach, and some teachers liked the union, but most I worked with didn't. Didn't like the union dues without much visible benefit and being forced to strike when we didn't want to. It always seemed like the union reps were more interested in keeping their power base and didn't give a damn about who they were supposed to be representing. Just one POV.

Superq

You have a point. At the time teachers were in demand so union demands seemed unnecessary to many. I haven't taught in a few years so the sentiment may be very different now. I'll have to ask around.

I have stated before that my views are very colored by my personal experiences and decisions. We actually shorted the stock market and could've made a lot more money. Does that make me bitter? Not really, we could've lost everything, instead we just didn't make as much-- better outcome even if not the best outcome.

I too have become an insatiable reader of housing related media. Although I am getting better and my "habit" is taking less of my time. I only regret that I was unable to buy a house about 5 years ago when prices would've still been rational. I am glad that I didn't buy last year or the year before because I would've paid too much.

I don't agree with raising the minimum wage. Too many small businesses go under when we do this and rather than more people making more, more people find themselves out of work. Larger businesses end up laying off workers too. Even if the business manages to pass the cost on to the customer, they still end up laying off workers to keep costs down. This happens whenever the minimum wage is raised. Government intervention in business always screws it up and is bad for the economy.

So if one is going to accuse that we're not "walking the walk" please tell us how to do so at this time? Not the government intervention sort of solutions that really don't work, but rather the personal actions that can be taken by the "gripers" on the blog. Please-- enlighten us.

So what about my other two suggestions? I am a boomer and I ‘m gonna work until I’m 70,(If I am able), at least because stealing from my daughter’s generation is not a moral option. that topic as well. Believe me, more than a few of us could relate. Education is grand, but they can't teach common sense; and if more people had some sense our economy wouldn't be in the quandry it's in right now.