Stomachs Churn Over Rocky Economy

"The people in upper management walked away with money out of their deals. That's not right. Somebody needs to be held responsible, " he said.

Yazdi is just starting out and has a whole different set of worries.

The Mechanicsburg, Pa., resident is 27 and paying off college loans while trying to find a way to go to dental school.

"I am 27 and still living at home because I cannot afford to live on my own. I cannot get a car because with the price of gas, I would not be able to drive it," she said in an e-mail.

She invested in "safe" stocks for dental school but now feels that no stock is safe and "that I will lose everything due to the recent situation on Wall Street."

"I have probably lost $7,000," Yazdi said. "To some that is nothing. To me it is not so much, how much, but the fact that I have lost my savings when I should not have."

Yazdi graduated from Penn State because Boston University became too costly and she refused to take out more loans, knowing that more money would be needed for an advanced degree.

"I think that we the taxpayers should not have to be at a disadvantage because of the government's poor choices," she said. "I think what will happen is those on Wall Street will come out OK but it will be the American people who will lose out in the end."

"While I am against the bailout to some degree," she added, "I am not sure what other choice we have."

-- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198. -- This embed didnt make it to copy for story id = 5867198.
Page
  • 1
  • |
  • 2
null
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...