The State of the Union Message

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The State of the Union Message
I am sitting here in Japan trying to understand what is happening to the USA economy. I do not feel left out, I really have an advantage, I am outside the USA looking in, my perspective is not
“Insulated.”

I am 100 percent sure the United States Citizens are clueless to understand how they fit in globally and this problems is global, not just the USA. The whole world is having a Margin Call, very few people hedged their bets, very few saved for a rainy day.

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Seoul, South Korea
Wednesday, October 1, 2008
Blog of Andy HoboTraveler.com --- Add a Hotel --- Travel Bag Design Survey --- Professional Traveler Bag
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However, they should not feel alone, none of the citizens of the world understand dynamically how they fit into the global community. This is really the job of the politicians to understand and force the fit to work.

There is NO love lost by other countries, no country loves another country, they all work out of self-interest and greed.

I wish I could feel sad about the economic issues in the USA, however in reality I know I feel more like saying,
“I told you so.”

I know one things, I sure would not want to be the next President of the USA for the next term. Whoever is President is going to take more crap per square inch than any President since the time of the depression. People vote, think and feel with their wallets, they do not feel with some intellectual idealistic dreams, they just want money, and when lose their own money they will blame anyone near for their problems, not themselves.

The world is getting the punishment that is deserved, the USA is getting the punishment it deserves for being greedy. People purchased homes they could not afford, and people so homes they knew their clients should not be buying, it was fueled by greed.

So what is the State of the Union?

Normal, people being people, not planning of thinking ahead, just reacting to their lives as it passes by.

What is the State of HoboTraveler.com.

Outrageously solvent and prosperous, truly impossible to feel poor, however 100 committed to living as cheap as possible whereby solvency and prosperity reign in my life, I try to put all my money away for rainy days.

I am a Hobo, I am cheap.

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Reader Submitted Comments | Deleted Comments (0)

Hoz said on Wednesday October 1st, 2008 04:23:00 AM

Hey Andy, I wonder ,when you were a Realtor, how many buyers you shoehorned into homes they could barely afford? Ever work any "Liars loans?"I remember when I started in the early 80's we were doing anything to sell houses, including blending two mortgages into one. The current crisis is the same old dudu except the prices are higher.

Andy HoboTraveler.com said on Wednesday October 1st, 2008 04:28:00 AM

I found selling homes or commercial property extroadinarily easy selling at the end about 85 properties per year and had about 50-70 listing at all times. I actually tried to kill deals that were too stupid for words, never was hard work for me, a very easy to do trade for me.

CT_Bob said on Wednesday October 1st, 2008 05:44:00 AM

Most likely the next president will do what presidents have always done. If things go well, they will take credit for it. If things go poorly, they will blame their predecessor.Bob L

Anonymous said on Wednesday October 1st, 2008 10:46:00 AM

Andy,You sound like you are getting cocky these days. You might be outside the USA, but you are definitely a player in the US economy. I don't think the citizens of the USA are clueless of how we fit in the global economy. We did save for a rainy day and they gambled with our saving. Gambled with our pensions. Sure a lot of us had our eggs in one baskets. Do you? I'm surfing your site without ads using "adblock plus". We are also on the inside looking out. Keep up your trash talking and maybe the door will close on you!

Anonymous said on Wednesday October 1st, 2008 12:17:00 PM

"Be very scared when all others are being greedy. Be very greedy when others are scared" --Warren BuffetNow is the time to move in and go bargain hunting. People are scared witless. Fannie Mae stock worth $1000USD last year is worth $2.00USD today. Bargains I say.

Andy HoboTraveler.com said on Wednesday October 1st, 2008 02:30:00 PM

Hello Anonymous who said,"Andy,You sound like you are getting cocky these days. You might be outside the USA, but you are definitely a player in the US economy"ANSWER: Too funny, and great entertainment. It is obvious from reading your comment that you do not understand how the world work and are one of the clueless Americans who should lose their pension to get a wake up call.They did not gamble your pension, you allowed them to gamble your pension, every person has a responsibility to the job they have to know what they are doing, instead people expect both the government and their employers to take the responsibility.Be thankful, the USA will take care of you, you are complaining and do not understand, the rest of the world is laughing. They never had a savings, a pension or social security, they see Americans a whining in their rich world.If you saved for a rainy day, did the right thing, you would not be in trouble. Your company saved for you...not really you.