It's pretty much go-time now

[StageLeft]

Originally posted by: Painman
Well, if there was ever a great time to be out of a job, the deep of winter would qualify... none of that getting up @ 5 AM to shovel out your car horsecrap.

...Oh, and the OP plays too much Fallout 3, though maybe I'm projecting a little.

Touche, how did you know? My favorite genre of movie is post-apocalyptic!

I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Mrs says no guns, but if the missiles start to get fueled I'm hoping I can swing by Dicks sporting goods for some long guns on the way home. I think in NY state I don't need a permit

 

[Zebo]

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

 

[RichardE]

Originally posted by: Zebo

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

Which fundamentals are those?

 

[LegendKiller]

Originally posted by: RichardE

Originally posted by: Zebo

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

Which fundamentals are those?

I'd love to know also.

 

[shiner]

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.


There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Obama won't help at all since he is basically a smarter Black Bush. Read it all. PCR has been right all along for years now.

The growth of debt has outpaced the growth of real output. Yet, the solution offered by Obama?s economic team is to expand debt further. This is not surprising as Obama?s economic team consists of the very people who brought on the debt crisis. Now they are going to make it worse............


There are more intelligent ways to try to escape from the current crisis. However, the financial gangsters and their shills that Obama has put in charge of economic policy are thinking only of their own interest. What happens to the American people is not a concern.

A compassionate government would handle the crisis in this way:

Text

Text

 

[Schadenfroh]

Originally posted by: wwswimming

Originally posted by: SkoorbMy advice is: don't buy anything you don't need, if your boss makes sexual advances on you don't turn him away, etc.

even if you're a guy ?! ICK !

Ever work as an intern for Torchwood Three?

 

[BoberFett]

Originally posted by: LegendKiller

Originally posted by: RichardE

Originally posted by: Zebo

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

Which fundamentals are those?

I'd love to know also.

I'm sure you would. What the hell would you know about creating value? You're one of the assholes responsible for the mess. All you do is shovel money around and create nothing of value.

Do the world a favor and jump out a window with the rest of your cohorts.

 

[RichardE]

Originally posted by: BoberFett

Originally posted by: LegendKiller

Originally posted by: RichardE

Originally posted by: Zebo

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

Which fundamentals are those?

I'd love to know also.

I'm sure you would. What the hell would you know about creating value? You're one of the assholes responsible for the mess. All you do is shovel money around and create nothing of value.

Do the world a favor and jump out a window with the rest of your cohorts.

Manufacturing has been declining for decades

Yet America is still getting richer. Do you know what the fundamentals are?

 

[Zebo]

Originally posted by: RichardE

Originally posted by: Zebo

Originally posted by: Maetryx

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.



There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Dang, Zebo! I'm a pessimist/bear on the economy, but I'm not thinking we should "run to the hills." Our economy has to contract until the excess capacity is worked out of the system. Our lifestyles have to match our incomes. The correction may overshoot these necessities, as the fear of spending slows things down more than analytically required. But I have pretty good faith in the American consumer re-emerging to buy 7th generation ipods, OLED monitors and HD on demand Heroes Season 5.

We have more deadbeats than producers - This depression will make the 30's look like a correction. Sorry but you can't ignore fundamentals for grace. It's not religion.

Which fundamentals are those?

Everything built is coming in instead of going out, sometimes called trade imbalance. Everything spent is borrowed back from the producer at an interest rate. As our dollars go out, only to come back in with interest, we increase our debt and have lived like wanna be millionaires both personally and governmentally for two decades. This situation has come to a head and people can not pay what they owe. World has deemed what they produce of less value than they owe reflected in salaries. In the past recessions - these issues were controlled by the FED visa vi slashing interest rates and people borrowed, spent, and economy recovered. Not this time. Rates are at all time lows and hardly anyone can borrow because real wages are not rising fast enough to finance our already maxed credit. This is really unprecedented . And why it it will be called "The Deadbeat Depression" instead of a simple failure to increase money supply like the last one (according to Nobel laureate Friedman).

We have a situation where we don't produce what we use, are behind the curve educationally limiting our production IQ, capital is fleeing USA for greener places, and are in debt to our ears. As federal and state governments see their borrowing power dry up, and they have, and sell off that happens when those sovereign funds get the same clue our banks have about our consumers, we will print money like some Banana Republic only making situation much much worse until collapse. Might want to look at Zimbabwe as to want happens when you make money w/o corresponding increasing of worth/value.

Within America it's the same story. We have producers and liabilities down to the man. As the liabilities overtake producers the producers wise up and say fuck this I'm out, not participating in this ponzi scheme. Not worth headache only to reap ever decreasing profits from deadbeats sucking from me. Deadbeats includes the bankers who get govt checks, the defense contractors with no bids, the Auto makers and people. Once you realize govt produces nothing, but can only redistribute production, it's rather important to keep last remaining producers happy or that whole system collapses too. And it's where we are.

 

[chess9]

Originally posted by: Zebo

Originally posted by: Skoorb
if your boss makes sexual advances on you don't turn him away.

Good stuff Skoorb.


There are also three more huge busts about to happen. Commercial real estate and Alt-a which will cost trillions. And finally, the end, the treasury notes being called in once they realize how worthless they are becoming with the printing presses running at full speed! We are so fucked you have no clue. I suggest a warm sleeping bag , a ruger 22 and a extensive survival kit.

Obama won't help at all since he is basically a smarter Black Bush. Read it all. PCR has been right all along for years now.

The growth of debt has outpaced the growth of real output. Yet, the solution offered by Obama?s economic team is to expand debt further. This is not surprising as Obama?s economic team consists of the very people who brought on the debt crisis. Now they are going to make it worse............


There are more intelligent ways to try to escape from the current crisis. However, the financial gangsters and their shills that Obama has put in charge of economic policy are thinking only of their own interest. What happens to the American people is not a concern.

A compassionate government would handle the crisis in this way:

Text

Roberts solution makes sense but he's still advocating huge government bail outs, but of homeowners. The contribution to debt will be huge. I think a public works project makes sense as well, and Obama IS doing that. But, he's right about Obama drinking the 'bank bailout Kool-Aid". We are giving money to institutions that were playing Keno with sharehlders' money, and are now facing huge gambling losses.

He doesn't mention how Reagan's policies encouraged sending jobs overseas, kept wages low for many workers, increased our national debt, and ultimately led to the defeat of Bush I when he ran for his second term. I won't even mention trickle UP economics, which is what TRICKLE DOWN economics actually did.

-Robert

 

[LegendKiller]

Originally posted by: BoberFett
I'm sure you would. What the hell would you know about creating value? You're one of the assholes responsible for the mess. All you do is shovel money around and create nothing of value.

Do the world a favor and jump out a window with the rest of your cohorts.

LOL. So what's your profession? I'm assuming they've never been part of anything bad, right?

Enough with the class-war bullshit. I have a certain set of skills that make me uniquely qualified for my job and those skills are adding tremendous value to my company and to a certain set of people far outside of this bank. You've got no fucking clue what I do, nor who I interact with. All you know is what you've heard in movies or news papers.

Yeah, my profession fucked up. I've said that for 6 years. You think your ideologue demagogue bullshit is saying anything I haven't said over that period? Let's get real here, jobs add value whether they are making widgets or whether they are adding intellectual capital.

As far as jumping out the window, the thing that knuckle-draggers like you will never get is that disaggregation and disintermediation does nothing but create waste. If you want to return to an agrarian and quite shitty economy, then fine, do so, but expect this country to fall fast and swift during that period. We are what we are because we can deploy capital pretty efficiently. Sure, things get fucked up and I'll be the first to say that.

I'm not like my cohorts. To lump me in there is your first mistake.

 

[BoberFett]

Originally posted by: LegendKiller

Originally posted by: BoberFett
I'm sure you would. What the hell would you know about creating value? You're one of the assholes responsible for the mess. All you do is shovel money around and create nothing of value.

Do the world a favor and jump out a window with the rest of your cohorts.

LOL. So what's your profession? I'm assuming they've never been part of anything bad, right?

Enough with the class-war bullshit. I have a certain set of skills that make me uniquely qualified for my job and those skills are adding tremendous value to my company and to a certain set of people far outside of this bank. You've got no fucking clue what I do, nor who I interact with. All you know is what you've heard in movies or news papers.

Yeah, my profession fucked up. I've said that for 6 years. You think your ideologue demagogue bullshit is saying anything I haven't said over that period? Let's get real here, jobs add value whether they are making widgets or whether they are adding intellectual capital.

As far as jumping out the window, the thing that knuckle-draggers like you will never get is that disaggregation and disintermediation does nothing but create waste. If you want to return to an agrarian and quite shitty economy, then fine, do so, but expect this country to fall fast and swift during that period. We are what we are because we can deploy capital pretty efficiently. Sure, things get fucked up and I'll be the first to say that.

I'm not like my cohorts. To lump me in there is your first mistake.

It's not class warfare. It's your arrogant attitude, and it's no different than other finance experts. You all think you're the golden child and look at everyone else as peons.

The movement of capital from investors to inventors is important to society. It's what makes capitalism and the creation of wealth possible. The smoke and mirrors of moving capital for the sake of moving capital so the likes of you can make a fat salary and bonus creates nothing. You shift money here and there in a shell game and in the end the dealer is the only one who wins. You're a shyster in an expensive suit, nothing more.

 

[BoberFett]

Originally posted by: RichardE
Manufacturing has been declining for decades

Yet America is still getting richer. Do you know what the fundamentals are?

Wow, somebody hasn't been paying attention.

America has gotten "richer" because we've ridden one bubble after another. Now we're getting "richer" because congress is handing out trillions of dollars and building up a stack of IOUs.

Do you have any concept of assets and liabilities? Assets are wealth. Liabilities offset assets on the bottom line. We are not getting richer, we're just shifting numbers from one column to another. Go take an accounting class.

 

[LegendKiller]

Originally posted by: BoberFett
It's not class warfare. It's your arrogant attitude, and it's no different than other finance experts. You all think you're the golden child and look at everyone else as peons.

The movement of capital from investors to inventors is important to society. It's what makes capitalism and the creation of wealth possible. The smoke and mirrors of moving capital for the sake of moving capital so the likes of you can make a fat salary and bonus creates nothing. You shift money here and there in a shell game and in the end the dealer is the only one who wins. You're a shyster in an expensive suit, nothing more.

My arrogant attitude is only matched by your derision and idiocy.

There are many other movements of capital, not just to inventors.

I actually wear a moderately priced suit, not a very expensive one. Thanks for commenting though.

 

[RichardE]

Originally posted by: BoberFett

Originally posted by: RichardE
Manufacturing has been declining for decades

Yet America is still getting richer. Do you know what the fundamentals are?

Wow, somebody hasn't been paying attention.

America has gotten "richer" because we've ridden one bubble after another. Now we're getting "richer" because congress is handing out trillions of dollars and building up a stack of IOUs.

Do you have any concept of assets and liabilities? Assets are wealth. Liabilities offset assets on the bottom line. We are not getting richer, we're just shifting numbers from one column to another. Go take an accounting class.

Do you believe wealth is finite too?

 

[da loser]

Originally posted by: WackyDan
Meh.... I've doubled my 401k contribution when the market hit mid 8k's. I also moved a large amount from my stable fund selection to a higher risk Vanguard fund.

We have no debt in our house except for the mortgage. We have a significant "emergency fund" just in case I lose my job.

I'm making the healthy bet on a great return 2.5 to 3 years from now... The longer the market stays stagnant, the better for people like me who have re-allocated their 401k's correctly and put more in at the same time.

:thumbsup:

crosses fingers

 

[BoberFett]

Originally posted by: RichardE

Originally posted by: BoberFett

Originally posted by: RichardE
Manufacturing has been declining for decades

Yet America is still getting richer. Do you know what the fundamentals are?

Wow, somebody hasn't been paying attention.

America has gotten "richer" because we've ridden one bubble after another. Now we're getting "richer" because congress is handing out trillions of dollars and building up a stack of IOUs.

Do you have any concept of assets and liabilities? Assets are wealth. Liabilities offset assets on the bottom line. We are not getting richer, we're just shifting numbers from one column to another. Go take an accounting class.

Do you believe wealth is finite too?

No, but massive creation of currency without corresponding increase in output leads to inflation. Inflation destroys wealth. Wealth is created through increases in efficiency, technology, invention. It is not created by the massive inflation of property values with none of those things to back it up.