Comments on: How to survive difficult times-Part 1 http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/ Raves, rants and the miscellaneous ramblings of a guerilla blogger Wed, 27 Feb 2013 14:35:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: zigfred http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2934 zigfred Sat, 14 Mar 2009 13:01:41 +0000 http://www.zdiaz.com/?p=1438#comment-2934 Mel: Yep ! Better to do something positive or at least get something positive from our current situation than to sulk about it. Mel: Yep ! Better to do something positive or at least get something positive from our current situation than to sulk about it.

]]> By: Mel http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2928 Mel Fri, 13 Mar 2009 08:10:22 +0000 http://www.zdiaz.com/?p=1438#comment-2928 True enough, there are opportunities in crisis. it is best to keep one's mind clear and to stay positive in difficult times. Sulking and worrying is a waste of time. True enough, there are opportunities in crisis. it is best to keep one’s mind clear and to stay positive in difficult times. Sulking and worrying is a waste of time.

]]> By: zigfred http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2680 zigfred Thu, 05 Feb 2009 13:31:02 +0000 http://www.zdiaz.com/?p=1438#comment-2680 Iris: As Reagan once said "The best government is less government" hehehehe :-) I presume you are a Republican. Well If I am were an American citizen I'd be one too. heheheheh :-) I also support free market, but on the other hand I also support strong market regulation just like the Chinese economy. Iris: As Reagan once said “The best government is less government” hehehehe :-)

I presume you are a Republican. Well If I am were an American citizen I’d be one too. heheheheh :-) I also support free market, but on the other hand I also support strong market regulation just like the Chinese economy.

]]> By: Iris http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2615 Iris Fri, 30 Jan 2009 20:02:19 +0000 http://www.zdiaz.com/?p=1438#comment-2615 Bail out (I call this hand out instead) for the automakers? What a joke! It passed and still our economy hasn't improved. Well, the hand out for the financial companies also hasn't affected the economy positively. In fact, it only drained the American tax payers into more and more debt. Comparing our tough economic times into the Great Depression of the late 20s and 30s is incorrect. The politicians just somehow tries to scare people into thinking we are heading into the same economic difficulties, but that's far from the truth. Sure, our economy is bad, stocks have depreciated in prices and thousands of people have been laid off. However, the economy in the 80s was worse, but yet, we've recovered because of Reagan's adminstration. Also, we have to note that our market was hyperinflated before the housing bubble. All our issues can be attributed to too much government intervention with our housing market, which started during the Clinton administration. Because of government regulations, banks were loaning money to practically anyone without down payment and people were buying houses that are way beyond their means, but able to make huge profit by turning around and selling it at a higher price (inflated market). However, when the true price of the housing market finally caught up (stabilized), many realized that they bought their houses at an inflated price and unable to sell; hence, which lead to increased in foreclosures. People simply abandoned their properties to escape their debt. I support free market. Everytime the government comes to regulate, it all goes down the drain. Hey, Unlce Sam can't even manage our social security properly and our tax revenues, which is a good indication that they should not be medling into the business market. Oh, yes, many blamed Bush for the housing bubble, but Congress and the House members are made up of mostly Democrats and it was this party that pushed for lower standards of mortgage loaning. Bail out (I call this hand out instead) for the automakers? What a joke! It passed and still our economy hasn’t improved. Well, the hand out for the financial companies also hasn’t affected the economy positively. In fact, it only drained the American tax payers into more and more debt. Comparing our tough economic times into the Great Depression of the late 20s and 30s is incorrect. The politicians just somehow tries to scare people into thinking we are heading into the same economic difficulties, but that’s far from the truth. Sure, our economy is bad, stocks have depreciated in prices and thousands of people have been laid off. However, the economy in the 80s was worse, but yet, we’ve recovered because of Reagan’s adminstration. Also, we have to note that our market was hyperinflated before the housing bubble. All our issues can be attributed to too much government intervention with our housing market, which started during the Clinton administration. Because of government regulations, banks were loaning money to practically anyone without down payment and people were buying houses that are way beyond their means, but able to make huge profit by turning around and selling it at a higher price (inflated market). However, when the true price of the housing market finally caught up (stabilized), many realized that they bought their houses at an inflated price and unable to sell; hence, which lead to increased in foreclosures. People simply abandoned their properties to escape their debt.

I support free market. Everytime the government comes to regulate, it all goes down the drain. Hey, Unlce Sam can’t even manage our social security properly and our tax revenues, which is a good indication that they should not be medling into the business market.

Oh, yes, many blamed Bush for the housing bubble, but Congress and the House members are made up of mostly Democrats and it was this party that pushed for lower standards of mortgage loaning.

]]> By: zigfred http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2545 zigfred Sat, 17 Jan 2009 12:56:01 +0000 http://www.zdiaz.com/?p=1438#comment-2545 johnray: Hang in there, the next installment is coming soon !!! hehehehe :-) johnray: Hang in there, the next installment is coming soon !!! hehehehe :-)

]]> By: johnray http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2542 johnray Fri, 16 Jan 2009 11:07:45 +0000 http://www.zdiaz.com/?p=1438#comment-2542 my friend when's the next installment...hehehehe..i like your article...hope the next one would do the same.. my friend when’s the next installment…hehehehe..i like your article…hope the next one would do the same..

]]> By: Perikoyz http://www.zdiaz.com/2009/01/how-to-survive-difficult-times/comment-page-1/#comment-2536 Perikoyz Mon, 12 Jan 2009 05:03:54 +0000 http://www.zdiaz.com/?p=1438#comment-2536 Very good tips Mr. Diaz... Pinoy are very good survivor in times of crisis, but i hope our government will prioritize programs that will support our poor Filipinos coz currently they've just talk about controversy that's not helping our people. Very good tips Mr. Diaz… Pinoy are very good survivor in times of crisis, but i hope our government will prioritize programs that will support our poor Filipinos coz currently they’ve just talk about controversy that’s not helping our people.

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