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 - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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