(sigh)

What a terrible week it has been. The economy depresses me. This week's plummeting has been horrible. I don't know what to expect next.

It has already caused a terrible impact on the residential construction industry here. M had two future houses that have stopped due to people's money plans falling through. His brother's biggest customer, a large national builder/developer filed bankruptcy Thursday.

Gas is at $2.49/gallon today. Small compensation for the losses we are seeing elsewhere. Not to mention that low gas prices aren't a good thing for Oklahoma's economy. The oil barrel price dropping will effect Oklahoma's drilling if it continues. I have mixed feelings about this because I despise the way oil companies flaunt their money so badly. If they wouldn't pay such exorbitant overinflated wages, they would get hurt so easily. They come into a town and cause problems for the existing business by offering outrageous wage rates and ridiculous benefits and other business suffer. Some counties in Western Ok have low low low low unemployment rates because of the oilfield activity and then when the market fails, we all get hurt as the oil companies bust.

I am just in a bad mood about it all. Things have got to change and they need to change fast.