The last couple weeks have been crazy. Not only in my personal life, but also everything going on with this Wall Street crisis. I'll start with my weekend wedding/vacation to Philly. My wife and I were both in the wedding party and both for the first time experienced and participated in a Catholic wedding. It was crazy, they should have had us take a class before showing up to the dress rehersal. The wedding was in an awesome cathedral in a town called Bristol and everything went great. The reception was on a beautiful golf course in New Hope, PA. The bride is a gourmet food guru and her love was reflected at the reception. The food was to die for. For the rest of the weekend we enjoyed the company of family and went sight seeing downtown Philadelphia.

Now for my thoughts on this Wall Street debacle. After I have had time to absorb the vast amount of information surrounding this subject I have come to the conclusion that we should not have more government intervention. Government intervention is what got us into this disaster in the first place. It was the government "forcing" banks and financial firms to issue loans and mortgages to people who would never be approved before. Now I understand it is not just the governments fault, but the the slippery slope was created solely by the government. Why would banks make deals with people that they thought couldn't repay the loan....because certain administrations thought that everyone deserves to own a home. I think along the same line, but only when people are financially ready. Another factor adding to the creation of the current problem were the dramatic interest rate cuts. These cuts were made to make it easy for people to borrow money. I also think some CEOs of these companies were making bad business deals to boost numbers and that contributed, but the reason this all started was because of government policies and decisions, like the CRA, that encouraged this risky lending.

Now these investment firms neglegently bought these faulty mortgages without looking at what they were buying. Now the government wants to use our money to bail out this bad business, which will only defer and extend the pain longer. Someone has to take the loss for this to end not tax payers. I don't pretend to have the answers, but I know creating a larger, more socialistic government is not the answer!

Hello again. I had a great weekend, despite Tropical Storm Hannah. We had some friends retreat from Folly and stayed overnight to escape the storm. We stayed up to the wee hours of the morning enjoying refreshments in anticipation of bad weather...waiting...waiting...and waiting some more. I have been through afternoon thunderstorms that were worse than Friday night. One good thing that came from the storm was that it cleared the skys the next day, which made for a perfect day on the beach. We met a few other people down on Folly and relaxed on the beach. Of course with a 6 and 2 year old, you learn to take your relaxation in 4 minute intervals. The good thing was that we were in great company and I got to slip into the water for a few sets! On Sunday the wife whipped out the infinite honey-do list and I went to town. Around the time I was finishing up, wanting to watch the game, I was paged into work. Never fails. By the time I returned home I had found out that the Al Mighty Brady was injured. And now I hear he is out for the season. So now I must bear through the rest of the work week until another eventful weekend returns. This Friday my wife is having a couple girlfriends flying in from Virginia Beach. ( I miss VB) So I'm sure it will be a cash burning weekend. Just kidding babe. We are all leaving for a wedding in Philadelphia next week. So I'm sure next weeks blog will filled with crazy shananagans about my in-laws. Until next time.

Second blog........complete, but still a little akward.