Home  Social Issues Financial Experts Should Shut Up Regarding Economy
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Financial Experts Should Shut Up Regarding Economy |
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Written by Norton
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Sunday, 20 April 2008 |
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All these experts consulting people regarding the foreclosure crisis and economic crisis need to shut their pie holes. None of them are telling anyone anything they don't know or havn't already thought about.
What even gets me more upset is that they have the nerve to tell people not to dig into or borrow from their 401K's or IRA's. They say some should probably just walk away form their mortgage(in that case I can understand) but if someone has only 2 years left on their mortgage c'mon, that's some bull crap. To tell people things like getting 2nd jobs, or selling things is something they already know. How in the world do they expect people to get money, pull it out of their ass. One thing you financial experts are good at is telling people what not to do, which is fine, but these other 'duh'/common sense answers are pointless. Stop pretending to have answers because no one has answers, you're all a bunch of blow hards giving people bad advice or no advice by talking a bunch of finance/economic speak with no substance.Too many of you out here getting paid to talk peoples ears off. Most of you guys don't even follow your own advice. Put a sock in it already.Mo
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It's 38 years after the moon landing. What did cars do 10 and 20 years before the moon landing? They rolled along the ground at less than 130 mph just like they do today.
How much do Americans lose on depreciation of automobiles every year? We don't know. Our economists don't talk about it.
The financial experts don't talk about the planned obsolescence of automobiles and the hundreds of billions of dollars we have wasted on useless variation in crap-mobiles. Why haven't they been giving financial advice about that for the last 40 years? How many Americans could have homes payed for if it hadn't gone to cars?
No one mentions mandatory accounting in the schools either. Double entry accounting is 700 years old. How hard can it be?
Kiddie Accounting
umbra