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House votes down massive bailout measure, how does this affect me the avg. joe?

September 29th, 2008 · 3 Comments

i have nothing…. i rent my apt. the only thing worth money that i have is my 4o1k and my pension from phone company and pension from my union hall… im only 29 and fully vested…..i do know that my 4o1k has drop 23% this year.

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    Tags: AVG


    3 responses so far ↓

    • 1 Daniel C // Sep 29, 2008

      This means your govt won’t go another $700,000,000,000 in debt, at least for now.

    • 2 J*Mo // Sep 29, 2008

      It really doesn’t affect you unless you are looking to get a loan anytime soon. Banks will be extra tight with the money for a while

    • 3 DanielleC // Sep 29, 2008

      well, it could affect you if our entire economy fails and the stock market goes under because it didn’t pass… retirement funds are going to be completely wiped out.

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