Financial Peace can be found in these troubled times!

Financial Peace can be found in these troubled times! Yes I know it sound odd, but it is true. My 401k may be suffering like everyone else', but that doesn't mean that my family is suffering during this financial crisis in the market. In fact, the opposite is the case. We are doing better now that we were one year ago! We have no credit card debt. We have no car loans. We have no furniture that we are renting to own. All we have left in our debt category is just over $10K and our house. We have eliminiated well over $30K in debt over the last year on less than $55K of income. If we can do it you can too. Just create a budget and live your financial life responsibly.

The place we find ourselves in this troubled time is actually a peaceful place. We can pay our bills and this year like last year as the holidays approach will not be a time of dread, due to the mounds of new debt that will be taken on for Christmas. I can testify to you all that there is hope if you are on the edge or even if you are already in the icy waters. That hope is in the form of the Seven Baby Steps that can be found in Dave Ramsey's book "The Total Money Make Over".

Do your family a favor this day go find a copy of this book (at the library, a bookstore or online) and begin to read it. You will be greatly blessed if you do! I know we have been. Join us in rejecting the failed policies of living in debt! Discover the joy and the peace that can be had when you no longer live paycheck to paycheck due to the money you have already spent. Learn the principles that will free you from the bondage of debt. There will never be a better time than today to step forward and take control of your financial life.

Freddie and Fannie and the ENRON Crooks!!!

There is a lot of panic in the financial markets right now with the declining stock prices in most sectors. I personally attribute this insanity to the poisoning of the credit markets by the Democrats who were in charge of Freddie and Fannie. They purposefully mislead investors so that they could rake in $90 Million in bonuses based upon their fraudulently cooked books. The securitized mortgage instruments that they knowingly assisted in pawning off is the height of fraud in my book. These bad mortgages where sold Grade A or AA investments to the unsuspecting and the greedy alike are criminal in my opinion.

These CEO's and CFO's from Freddie and Fannie along with those Senators and Congressional members who accepted money from these organizations through their lobbyists are corrupt and ought to be punished in a fashion at least as harsh as was given to the ENRON crooks! If the heads of Freddie and Fannie had been life long Republicans they would already be indited for the crimes they have committed and if the top three Senators who took money from them to look the other way had been Republicans they would be the subject of countless exposes on the evening news! But instead they are given the keys to the kingdom and the mess is swept under the carpet and the American people are scammed for over a BILLION DOLLARS! And one of them, namely Barrack Obama, set to become the President of the United States in a similarly fraudulent fashion.

ENRON cost few thousand people everything, but this scandal is going to cost us all something alot more dear and precious.; or freedoms in the name of change. That change has a name and it has failed EVERY TIME AND PLACE it was tried. Communism, Marxism, and Socialism.