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[bobf <bobford79 AT yahoo.com>]

Lynn, you are better situated than most, for an economic downtown; becasue 
you are smart and have already chosen a frugal, non-consumeristic lifestyle.

But, no one is completely immune.  What if a good portion of your access to 
income went away -- that is happening to people, already.  Maybe you have a 
mortgage, or are paying off a large, necessary purchase like a tractor or a 
fence , for example.  Things can become difficult , fast, if part of a 
person's income stream dries up, regardless of the reason.

Right now, you haven't been personally affected.  Maybe, and hopefully, that 
will remain the case.  For some it is planning, some is luck.  I know people 
who were trying to put together deals less than two yeras ago, just d*mn good 
fortune caused those -- looking backwards, insane -- deals not to go through .

People all over Europe are seeing their mortgages jump from under 5% to as 
much as over 30%, because they used a different cyurrency than their own -- 
cheaper money-- to finance their houses.  

And at the same time, they are being laid off from their jobs.

Obama is spending imaginary money, and Lynn, no-one really know what might 
happen.  Bernake is talking live, right now, to the Senate committee about 
AIG, just more non-answer answers, doubletalk.  

I try to narrow my focus, but it is hard for me not to read, and everything I 
read worries me more.  I just hope that things are actually not as bad as I 
am imagining.  And, keep working at the tasks at hand..........

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--- On Tue, 3/3/09, Lynn Wigglesworth <lynnw1366 AT hotmail.com> wrote:


> Date: Tuesday, March 3, 2009, 8:35 AM
> > But, I try to focus on my tasks at hand and not allow
> my macro worries to 
> > overvome my simpler pleasures like watching my garden
> grow.
> >
> It's the 'macro worries' that I can't wrap
> my mind around.  I have no grasp 
> of how world economics works. I still can't see how it
> will affect me. I 
> don't like Obama's big spending, big government,
> especially bailing out 
> stupid companies that should be allowed to fail, but
> there's nothing I can 
> do about it except send him emails (again, he's not
> taking my advice).
> 
> So I shrug and my life goes on, same as it always has. I