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	<title>Thoughts On Finance &#187; bail out companies</title>
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	<description>Money Management and Debt</description>
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		<title>Worrying About The Short Term</title>
		<link>http://thoughtsonfinance.com/2008/09/20/worrying-about-the-short-term/</link>
		<comments>http://thoughtsonfinance.com/2008/09/20/worrying-about-the-short-term/#comments</comments>
		<pubDate>Sun, 21 Sep 2008 02:21:50 +0000</pubDate>
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				<category><![CDATA[Financial Changes]]></category>
		<category><![CDATA[bail out companies]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[barter]]></category>
		<category><![CDATA[credit card bill]]></category>
		<category><![CDATA[Credit cards]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[declining quickly]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financially]]></category>
		<category><![CDATA[floating a check]]></category>
		<category><![CDATA[greed]]></category>
		<category><![CDATA[helpless]]></category>
		<category><![CDATA[no end in sight]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[selfishness]]></category>
		<category><![CDATA[spiral downward]]></category>
		<category><![CDATA[what will happen next]]></category>

		<guid isPermaLink="false">http://thoughtsonfinance.com/?p=21</guid>
		<description><![CDATA[Financially we are all thinking, what will happen next week or next month.  Things in the economy seem to be declining quickly and we find ourselves helpless to do little more than watch our lives spiral downward with no end in sight, but what about the long term. I can&#8217;t imagine a world without banks [...]]]></description>
			<content:encoded><![CDATA[<p>Financially we are all thinking, what will happen next week or next month.  Things in the economy seem to be declining quickly and we find ourselves helpless to do little more than watch our lives spiral downward with no end in sight, but what about the long term.</p>
<p>I can&#8217;t imagine a world without banks and credit cards, but maybe that wouldn&#8217;t be so bad.  I guess we could barter, and return to a world where we actually had human relationships and where people had to be decent to each other in order to get the things they need.  What about all the others, the people who are completely unwilling to give up their lives of complete selfishness and greed.  Will they just steal to get what they want? Will they be able to survive this way, or will their greed just eat them up and spit them out? Will we? I don&#8217;t really claim to know how all this mess is going to pan out, but I do know that we can&#8217;t just continue to bail out companies and pretend like everything is okay.  They keep talking about a recession if they don&#8217;t bail out these companies, but isn&#8217;t this just a way of prolonging the inevitable and making things worse.  They say that we need to do this now, but what they aren&#8217;t saying is what will come of this debt down the road.  In my mind it is kind of the equivalent of floating a check or paying one credit card bill with another credit card.  The debt isn&#8217;t going away, it is just being transferred and it will eventually catch up with us and most likely when it does the results will be way worse than they will be if they let this catastrophe happen right now.</p>
<p>Pretending like everything is fine, will not and does not make everything fine.  These problems are not going away anytime soon, either way.  I am not sure what comes next but I am sure that we must be prepared for some major lifestyle changes or we will not survive it, of this I am almost certain.</p>
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