I know this it completely out of theme with our blog, but I can't tell you how excited I am. The 700 billion dollar bailout bill was defeated !!! Yeah this might mean a recession for America, but it's a chance to finally get this country on it's feet.
So what the stock market is down 777 points - we were due for a recession years ago, and the government just papered it's way over everything.
Our society has been living beyond it's means for way to long - financing has been way to easy for homes, cars, and luxury items - most of what you see in our society is the illusion of wealth, instead of actual wealth.
I feel a new sense of pride for this country - assuming that this bill doesn't go back to be voted on - and pass. It will be a chance for free market economics to go back to work. Real estate will return to historical norms, banks will require a down payment on most purchases and people will only spend what they have, and we will be able to have faith once again in our economy.
GO AMERICA ! It's awesome seeing our country stand against a bailout that only helps the rich. Hopefully the Fed keeps their finger off of the printing press and lets the market return to equilibrium.
Monday, September 29, 2008
Sunday, September 14, 2008
Tomato Fest 2008 !
We had a great time at Tomato Fest in Carmel Valley. Good food, good wine, friends and family.
Friday, September 12, 2008
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