As long as oil prices and the speculators can keep gas below $2.50/gallon then it will help make ALL other things good.
It would be nice for Propain to come down in price. (lots of greed there)
Consumer demand fuels the economy, hopefully the rich folks will cut back on the import cars and buy an American car, I heard that Honda is going to be having layoffs now.
A little deflation is good, like 2%, it helps reduce house prices for the first time buyers, hurts the home seller though.
As far as the banks go, the loaning of money with no responsiblity has to stop, I just hope that it has for a while. Any respectable bank would not loan 125% of a home value to a person just to make a commision. (real stupid)
In the short term, tax rebate checks will fuel some spending, Long term, home prices, land prices will (and are) readjusting themselves downward to be affordable.
I just hope that the trade deficit slows and people will stop spending their dollars on Chinese junk.........I try real hard to not buy anything with a "made in China" label. Last week I didnt buy some work gloves at a hardware store because of the China label.
It would be nice for home owners insurance and car insurance to come down in price due to the lower values of homes and the affordablity with competition factor too. I spend $3000/year for my house and 2 cars.----Aint cheap.
In closing-----Buy guns---and Ammo too.
Home security is real important, especially if a major event happens that makes society unstable. Like a terrorist attack, another stock market crash, regional economic collapse--Like in Michigan if GM goes bankrupt.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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