Monday, August 18, 2008

It's hard to believe

Greetings Again. As I continue to try to find full time employment it amazes me how bad the economy is right now. I did a brief survey of my graduating class from Cal Poly and currently there are only 10 out of the 40 of us who graduated that actually have a full time job in the planning field. Believe me, all of us are looking. I also found out there were 4 others from my class that were actually laid off from a job like me. And to think this all started with the mortgage companies offering sub-prime mortgages to those who should have never received a home loan. I sometimes wonder how people think that since they are making $10-$12/ Hour that they can afford a $300,000 home. A simple calculation would tell you that this is not financially responsible. The mortgage companies are also to blame as well. But I think that they can not be completely at fault. It is the fault as well of those who failed to do the calculations.



Anyways, this is something that I have been thinking about recently. Auf Wiedersehen

No comments: