Beside losing a hell of a lot on paper in our investments, both stock and real estate, I haven't felt it directly yet. However, on the horizon here's what I hear. First of all, at church, which accounts for close to half of my income, they are in the hole $60,000 so far for the year. If this trend continues, there will be cutbacks on staff. Also, I was listening to talk radio this morning and a lot of people who are depending on interest payments, ect for their assisted living payments aren't getting them right now. If this trend continues, those facilities could lose clients and then their budgets will be cut, and as we all know, music is usually the first thing to go.

Bottom line, this could bite us all in the ass real soon.

Joe

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Songman55
Joe Ayala
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PSR S950, PSR S900, Roland RD 700, Yamaha C3 6'Grand, Sennheiser E 935 mic, several recording mics including a Neuman U 87, Bose L1 Compact, Roland VS 2480 24 Track Recorder
Joe Ayala