9.30.2008

No Bail Out? Huh?!?!?

Just when we were all resigned to giving over MORE tax dollars to Uncle Sam to bail out the Wall Street Wizards, somebody dropped a big bomb. No bail out package? It got voted down? Somewhere in my head, Toolman Tim is going "arugh???"

You'd think I'd be relieved. You'd be partially right. From all the different opinions lobbed into my Google Reader every day, this bailout plan was a necessary evil. The US economy is completely unstable right now, the bailout was a shot in the dark at stabilizing (read: no guarantees) our economy and world economy. Yes, when the US economy hiccups, it's felt the world over.

No pressure, John Q.

Anyway, now that the bill has been axed by the House, the RSS Reader is strangely quiet. No more Chicken Little theories. There's probably only 2 or 3 blogs talking about it. The silence is definitely ominous. Personally, I'm an information girl. Give me what you got, and let me work it out. I don't like this head-in-the-sand way of dealing with this situation. So I'm a little on-edge.

Do I still see bread lines in our future? You betcha. Bill or no bill, Americans are going to have to figure out a new way to live. We frugalistas are going to become more valuable. Don't believe me? Check out my Feedjit and see how many people are hitting my Angel Food Ministries entry. Some of us are already seeing the writing on the wall, and are looking for other viable options to feed our families. But, strangely, the restaurant parking lots were still full last night. Denial?

You know, my plan for next month was to limit grocery spending to the trinity (bread/milk/eggs) and see if we could eat out of the pantry and freezer. Now I'm wondering if that's such a good idea. Do I really want to deplete my stockpile when things are so uncertain? What do you think?

3 comments:

  1. I go back and forth on this as well. It is a huge thrill to eat out of the freezer/pantry and keep the bill so low. However, I wonder if that is a mistake. Seems like thisis a time in our country where having a little stockpile might be a wise decision.

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  2. I'm thinking it's definitely better to stockpile right now -- as long as you are doing it frugally (and I know you are!). I always seem to have that 'what if' fear lately. You just never know.

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  3. All this talk of a recession...I think we have been in a recession for a long time. I am not informed enough to commit on which side of the bailout plan I am on, but I will say this...:If I, as an adult american, chose to gamble away my money or buy expensive things I don't need to keep up with the Jones' instead of paying my mortgage, WHO BAILS ME OUT FOR MY BAD CHOICES? I am left to pay the piper, as I should. I say, hold onto your stock pile of groceries....the worst may be yet to come. Good Luck!!!

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