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Tag Archives: news

That’s why we play the game…

I am hearing a score of different opinions about how this rescue or that bailout is going to affect the credit market, stock market or housing market.  Seldom do the agree… most float to the extremes:

  • It won’t have an effect at all, it is wasted money
  • If we don’t, the world will crash down around us

And yet, here we sit on a VERY down Dow (could turn tomorrow) and a still frozen credit market.  Of course, the programs take a little time (at least the proponents tell us that) to get rolling.

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Sneak Preview of my Market Report for Gwinnett County

I will have the Market Report for Gwinnett County in the next day or two, but I thought I would leak a little of the information. 

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Have you been left wondering how we’ve gotten here?

There are so many things going on in the world of finance right now.  I know that you are hearing about things like:

  • Mark to Market
  • Credit Market Freeze
  • Derivatives
  • Sub-Prime Mortgage Meltdown
  • Mortgage Backed Securities (MBS)

And there are a hundred more… 

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Don’t Panic

Yes, it would be one of the catch-lines from “Hitchhiker’s Guide to the Galaxy“, but it could hardly be more appropriate to the situation that we are facing both locally and nationally.  And there are two very different situations that we are facing right now…

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What a pain in the gas!

My normal haunt for gas during the Atlanta area shortages has been the Lilburn Kroger on Rockbridge at Five Forks.

They still seem to be the place that has gas.

But now they are the place for lines as well.  There were 100 people out there today.

I wrote a post earlier this week when there were many fewer people.

But, I’ll repeat what I said beofre.  DON’T PANIC.  Don’t get gas every time you get down to 3/4 tank.  People getting into line and buying $10 in gas is kind of stupid.  And that is what one of the people in front of me did…

In a couple of days, or maybe a week, this will all be behind us…  I think a few days.

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