Comments on: The NEXT Bubble http://www.richsage.com/the-next-bubble/ Make Money Community Thu, 08 Jan 2009 15:22:22 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Chase Barfield http://www.richsage.com/the-next-bubble/comment-page-1/#comment-2880 Chase Barfield Fri, 03 Oct 2008 19:50:42 +0000 http://www.richsage.com/?p=674#comment-2880 Rich - The bailout is wrong at whatever price tag. I understand that some people had their 401Ks and investments with these fiscally irresponsible financial institutions. But it is not my responsibility to pay for other people's mistakes. As an entrepreneur, if I lose money in my business I do not expect the government to bail me out. If I lose money in the stock market, my fault once again. The only money that I expect the government to make good on is all of the Social Security I have paid in. I have no illusions. I will not be of age for 30 more years and it will be gone or the retirement age will be 125 by then. Which leads back to your Baby Boomer Bubble. I couldn't agree with you more. The government needs to stay out of the Free Market and handle public service and national security. http://barfieldmanagement.com/2008/09/24/corporate-welfare/ I have sent out emails, called Representatives and Senators to try and defeat this bailout. If this bailout goes through, then who will be standing with their hand out next? This only enforces the practices of fiscal irresponsibility. Rich - The bailout is wrong at whatever price tag. I understand that some people had their 401Ks and investments with these fiscally irresponsible financial institutions. But it is not my responsibility to pay for other people’s mistakes. As an entrepreneur, if I lose money in my business I do not expect the government to bail me out. If I lose money in the stock market, my fault once again. The only money that I expect the government to make good on is all of the Social Security I have paid in. I have no illusions. I will not be of age for 30 more years and it will be gone or the retirement age will be 125 by then. Which leads back to your Baby Boomer Bubble. I couldn’t agree with you more. The government needs to stay out of the Free Market and handle public service and national security.

http://barfieldmanagement.com/2008/09/24/corporate-welfare/

I have sent out emails, called Representatives and Senators to try and defeat this bailout. If this bailout goes through, then who will be standing with their hand out next? This only enforces the practices of fiscal irresponsibility.

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