Bush turned the car toward the cliff....Obama slammed on the accelerator and yelled "alla ackbar"!!!
LMAO! But sadly, so true.
How soon we forget what touched off this recession. The housing bubble.
What caused the housing bubble:
The Community Reinvestment Act, Fanny Mae/Freddie Mac, Zero down, interest only, 125% of the value loans.
And we are already starting to do it again. Plus a tax increase coming next year.
I'm taking GK's approach. I'll keep saving my cash a little longer I think.