In good old Catholic Ireland this atheist gets St. Patrick's day, Good Friday and Easter Monday off - meaning I can take a 10 day holiday for the price of three annual leave days!!Mek-Izzle wrote:
Poe where do you get the money/free time to go on so many Holidays
just to hold me down between killingJahManRed wrote:
From killing to health care.....................how fitting.GunSlinger OIF II wrote:
recession smession. Ive got job security. And the new job Im getting is in the health industry.
Wait until someone kicks out the 12+ million illegals in the country. Talk about the housing market dumping. The cost of Housing, Healthcare, and Insurance would drop big time. Suddenly there would be an excessive budget for social services, law enforcement, education, and the prison system.ATG wrote:
How about gas food prices sky rocketing while the dollars value goes to shit and more and more people join the illegal aliens in the underground economy?
Things are fucking peachy.
** wakes up from dream **
i heard on i forget what radio station say the other day that, if everyone would cut back one tank of gas a month, the price of the barrel would drop significantly.GunSlinger OIF II wrote:
gas is only going to go higher
I feel like that is doable. One tank of gas?! If you drive to work, maybe there is someone to car pool with, or combine trips, like while your out somewhere do multiple tasks at once. I dont know, im going to try it though. If everyone did the oil companies would have no choice but to drop prices.
Secondly, as far as the recession goes, the mortgage companies need to stop being so damn greedy and giving a house to people on food stamps.
...this stupidity pisses me off. Our dollar is crap, we are borrowing money from companies instead of the other way around, things are not lookin good.
Edit: Spelling.
Last edited by siciliano732 (2008-03-13 10:33:20)
a.) Recession is just a word (and words are often fuzzy concepts and context dependent). Receding connotes something easy to understand: movement back towards a past level, a lowering, a decline in position height, a pulling back of sorts, etc and whatever... :/
b.) Your personal economic situation is not a reflection of, or rather may not reflect, the state of the general economy (US) if you are: a government employee, city employee, cop, indirectly employed by the government, enlisted, a student dependent upon someone else's economic situation, not American, in a business segment that is not yet experiencing the effect of the money supply contraction, obscenely wealthy (... and of course sinning :) for being so), employed in a field that is an economic disconnect like health care (which people often choose as a job simply because it’s a constant need independent of whatever the economy is doing), work for Exxon, and other likewise situations.
c.) How you feel: confidence, security, happy, sad, is not a reflection of the state of the general economy if it is in a state of decline or recession both being the same thing more or less, as we just generally apply different degrees of magnitude to these words: slow down, correction, decline, recession.
So, overall IMO, yah were in a recession of sorts and certainly in a state of decline/correction in a negative direction. All the insiders I know say the worst is yet to come or rather that the bottom of the market is not here yet. Believe, feel and think whatever you want, but other people (existing in the same reality as you) are experiencing a rather negative economic reality based upon: the credit crisis (and the major money supply contraction that follows such), not slumping retail sales but horrible declines in retail sales, not a slow-down in the housing market but 75-90% reductions in housing starts in certain market regions, the effects of long term US industry neglect, job losses, major business income loss, the long-term trend and foolish shift towards to many people being employed either directly of indirectly by the government, competition with unlicensed business and/or an illegal workforce, an illegal workforce being a standard operating tactic/policy for even some fortune 500 companies (even if their official company policy says otherwise), the A.R.M. issue that has caused a flood of foreclosures on fairly new homes and/or recent home purchases (foreclosures up 100% to 500% or more in some areas of the country when compared to 12-18 months ago), commercial real estate will soon follow suit as high vacancy rates and many more small business go under do to the current economic decline and money supply contraction… and so on.
The sky is not falling but yes the ceiling of prosperity (now, future and potential tenses/senses) is being lowered at the moment.
b.) Your personal economic situation is not a reflection of, or rather may not reflect, the state of the general economy (US) if you are: a government employee, city employee, cop, indirectly employed by the government, enlisted, a student dependent upon someone else's economic situation, not American, in a business segment that is not yet experiencing the effect of the money supply contraction, obscenely wealthy (... and of course sinning :) for being so), employed in a field that is an economic disconnect like health care (which people often choose as a job simply because it’s a constant need independent of whatever the economy is doing), work for Exxon, and other likewise situations.
c.) How you feel: confidence, security, happy, sad, is not a reflection of the state of the general economy if it is in a state of decline or recession both being the same thing more or less, as we just generally apply different degrees of magnitude to these words: slow down, correction, decline, recession.
So, overall IMO, yah were in a recession of sorts and certainly in a state of decline/correction in a negative direction. All the insiders I know say the worst is yet to come or rather that the bottom of the market is not here yet. Believe, feel and think whatever you want, but other people (existing in the same reality as you) are experiencing a rather negative economic reality based upon: the credit crisis (and the major money supply contraction that follows such), not slumping retail sales but horrible declines in retail sales, not a slow-down in the housing market but 75-90% reductions in housing starts in certain market regions, the effects of long term US industry neglect, job losses, major business income loss, the long-term trend and foolish shift towards to many people being employed either directly of indirectly by the government, competition with unlicensed business and/or an illegal workforce, an illegal workforce being a standard operating tactic/policy for even some fortune 500 companies (even if their official company policy says otherwise), the A.R.M. issue that has caused a flood of foreclosures on fairly new homes and/or recent home purchases (foreclosures up 100% to 500% or more in some areas of the country when compared to 12-18 months ago), commercial real estate will soon follow suit as high vacancy rates and many more small business go under do to the current economic decline and money supply contraction… and so on.
The sky is not falling but yes the ceiling of prosperity (now, future and potential tenses/senses) is being lowered at the moment.
Last edited by topal63 (2008-03-13 11:26:52)
you wintopal63 wrote:
a.) Recession is just a word (and words are often fuzzy concepts and context dependent). Receding connotes something easy to understand: movement back towards a past level, a lowering, a decline in position height, a pulling back of sorts, etc and whatever...
b.) Your personal economic situation is not a reflection of, or rather may not reflect, the state of the general economy (US) if you are: a government employee, city employee, cop, indirectly employed by the government, enlisted, a student dependent upon someone else's economic situation, not American, in a business segment that is not yet experiencing the effect of the money supply contraction, obscenely wealthy (... and of course sinning for being so), employed in a field that is an economic disconnect like health care (which people often choose as a job simply because it’s a constant need independent of whatever the economy is doing), work for Exxon, and other likewise situations.
c.) How you feel: confidence, security, happy, sad, is not a reflection of the state of the general economy if it is in a state of decline or recession both being the same thing more or less, as we just generally apply different degrees of magnitude to these words: slow down, correction, decline, recession.
So, overall IMO, yah were in a recession of sorts and certainly in a state of decline/correction in a negative direction. All the insiders I know say the worst is yet to come or rather that the bottom of the market is not here yet. Believe, feel and think whatever you want, but other people (existing in the same reality as you) are experiencing a rather negative economic reality based upon: the credit crisis (and the major money supply contraction that follows such), not slumping retail sales but horrible declines in retail sales, not a slow-down in the housing market but 75-90% reductions in housing starts in certain market regions, the effects of long term US industry neglect, job losses, major business income loss, the long-term trend and foolish shift towards to many people being employed either directly of indirectly by the government, competition with unlicensed business and/or an illegal workforce, an illegal workforce being a standard operating tactic/policy for even some fortune 500 companies (even if their official company policy says otherwise), the A.R.M. issue that has caused a flood of foreclosures on fairly new homes and/or recent home purchases (foreclosures up 100% to 500% or more in some areas of the country when compared to 12-18 months ago), commercial real estate will soon follow suit as high vacancy rates and many more small business go under do to the current economic decline and money supply contraction… and so on.
The sky is not falling but yes the ceiling of prosperity (now, future and potential tenses/senses) is being lowered at the moment.
The housing issue is completely regional. Reporters have taken regional negative growth and neglected the overall national picture, which is not nearly as bad as portrayed.
I'm not saying the economy isn't slowing down...but slower growth is still growth.
I'm not saying the economy isn't slowing down...but slower growth is still growth.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
There are different ways to look at these situations.
Xbone Stormsurgezz
Recession..........reduction is spending.IRONCHEF wrote:
What exactly is a recession...by definition, and in context with the yea and nay sayers?
I for one, believe our "economic condition and world standing" is worsening..and will at least until the beginning of 2009.
Don't worry Mericans....
You're on your way up..
The wonders of the J-Curve.
You're on your way up..
The wonders of the J-Curve.
Last edited by ..teddy..jimmy (2008-03-14 00:02:31)
Some call it a recession, I call it a rather painful but necessary market correction.
Check Plus, right?..teddy..jimmy wrote:
Don't worry Mericans....
http://www.bized.co.uk/virtual/bank/images/j_curve.gif
You're on your way up..
The wonders of the J-Curve.
Last edited by KEN-JENNINGS (2008-03-14 01:25:51)
It shows the relationship between balance of payments (imports and exports) and time. The US, believe it or not, is on its way up the curve moving away from the minimum point which is ultimately the worst condition your economy has been in. Give it time thoughKEN-JENNINGS wrote:
Check Plus, right?..teddy..jimmy wrote:
Don't worry Mericans....
http://www.bized.co.uk/virtual/bank/images/j_curve.gif
You're on your way up..
The wonders of the J-Curve.
..O and a check plus