big2bird
Charter Member, Founder Bird-Run, Cruise-In Bird-R
So, unemployment at record highs, Wall Mu failed yesterday, feds took over Fae and Mac, stocks in the tank, oil at $3.50. :bullshit:What's next say you?:shocking:
Economy in the tank
- Thread starter big2bird
- Start date
JPhil
Huh?
Iran will attack Israel, so we can get into another war.
And privatize yet more government functions at great profit to the corporations who run Amerika.
And remove yet more civil liberties from the sheeple to support them.
And privatize yet more government functions at great profit to the corporations who run Amerika.
And remove yet more civil liberties from the sheeple to support them.
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Jughead
Well-known member
6.1% unemployment is hardly record high.
Dirtbuster1
Well-known member
Buy low & sell high, and hope you buy low enough. Is our retirement money really safe? It seems that nothing is a safe buy these days. Even real estate investments are not even safe these days.
All we can do is hope for the best! We are just riding the train, not driving it.
All we can do is hope for the best! We are just riding the train, not driving it.
BRUTAL64
Neanderthal
69427
The Artist formerly known as Turbo84
What civil liberties have you lost? Other than your "right" to talk to a suspected terrorist over an international phone line without being monitored, I'm at a loss here.
Time to stop looking for black helicopters there, buddy.
Sadistic
Der Bismarck
I'm glad I sold a few houses (one in 2006, the other in 2007) prior to this year. The houses lost 100k each, in value since I sold them. We are headed straight for a depression unless a miracle takes place.
kwplot34
Heart Attack
After looking at my monthly statements from Wachovia,my bank account,and reading this thread,I am already depressed,don't think a depression could take me any lower :surrender:
For those in their 20s and 30s trying to build for retirement.....this is a golden opportunity.
40s and 50s?....you should already be comfortable with your allocation. Stick with it. The markets are designed to reward those who take prudent risks.
60s and retirement....same as above, but keep a "bucket one" of cash or near cash (short term bonds) with 5 years living expenses.
40s and 50s?....you should already be comfortable with your allocation. Stick with it. The markets are designed to reward those who take prudent risks.
60s and retirement....same as above, but keep a "bucket one" of cash or near cash (short term bonds) with 5 years living expenses.
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JPhil
Huh?
Yeah sometimes I get carried away. But I get so pissed about how those in power are selling this country, & the people who live & die for it, down the drain for their own profit. (& yeah I meant Israel attack Iran).
But not all 'conspiracy theories' are fiction---There are varying amounts of truth in many of them.
You & I are losing civil liberties one new law, one new regulation at a time. Like lobsters in the pot, it's happening so slowly we don't realize it. We don't even know about many of the laws which can be used against us if someone wishes. I have had several experiences in the last several years which have made me more aware of it. I will not get into that here. The old excuse "If you have nothing to hide, you have nothing to worry about" is BS. All it takes is a grain of suspicion, a typographical error, a misunderstood comment, a fuzzy security camera photo, and you are on a list
Here's some reading material to get you started.
http://www.usatoday.com/tech/news/surveillance/2008-07-06-cameras_N.htm
http://www.economichitman.com/
http://www.naomiklein.org/shock-doctrine
But yes I will admit I believe many things that others don't.....I may be wrong, but I may not. And I don't think I am.
John
But not all 'conspiracy theories' are fiction---There are varying amounts of truth in many of them.
You & I are losing civil liberties one new law, one new regulation at a time. Like lobsters in the pot, it's happening so slowly we don't realize it. We don't even know about many of the laws which can be used against us if someone wishes. I have had several experiences in the last several years which have made me more aware of it. I will not get into that here. The old excuse "If you have nothing to hide, you have nothing to worry about" is BS. All it takes is a grain of suspicion, a typographical error, a misunderstood comment, a fuzzy security camera photo, and you are on a list
Here's some reading material to get you started.
http://www.usatoday.com/tech/news/surveillance/2008-07-06-cameras_N.htm
http://www.economichitman.com/
http://www.naomiklein.org/shock-doctrine
But yes I will admit I believe many things that others don't.....I may be wrong, but I may not. And I don't think I am.
John
mrvette
Phantom of the Opera
We have to read the history of this mess before we can comment, I have read up on it, and remember a LOT of it,'....as I lived in the Wash DC suburbs, and had a red line around certain areas/zipcodes in the city we did NOT SEND ANY TV SERVICE trucks....reason....crooks, and bad checks....guys getting stuck up for cash, parts/supplies/vandalism to the trucks....:shocking:
so the banks were accused of the same thing.....well no freeking WONDER, same thing different field....
so Carter and liberals passed certain regs on the banks to write those areas anyway, and it's NOT just inner cities either....well....Fanni/Freddie held the toxic papers along with all the rest of the notes.....
so when the price of gas started in, with crooked rate changes, and stupid ADDITIONAL regs passed under who else??? CLINTON,,.....about 12-15 years ago....well that finally loaded the bomb in the truck,......they kept running and running, and FEDERALLY ENFORCED LOOSE LENDING....kept disqualified people buying houses....it was over after a few years....
so natch prices went up like a rocket....but when you look at the
amounts, it doubled in the last ~8 years or so.....so then a 30% reduction is not so bad, but every house sold in the last 3 years is now upside down....
SO the congress people ID' d so far that are totally guilty.....Frank, Schumer, and from there I not sure, but you KNOW Kennedy was in on it....along with all the rest of the liberals....NOBAM has taken the THIRD largest kickback from his buddy at fanny/freddy.....along with Frank as number ONE......
8 TIMES Bush2 here tried to fix it, they ALL knew.....but even though the R's 'controlled' congress, woopie doo, it was NOT enough of a majority to put down the D's objections to the much need repairs to the system...so nothing was done.....
I blame the R's for not going public with names and addresses, I damn sure would have.....
McCain is the closest one likely to blow the lid off.....and Palin is right behind him, you can argue her ability, but they ALL are stupid....but you can't argue their HONESTY.....shit, McCain don't EVEN do earmarks.....
Palin was stuck with stuff already in the pipeline up there, when she took office 2 years ago.....so she shook up what she could....80% approval rating, can't beat THAT......
not so much over the last 10 years cause I moved to Florida 11 years ago, but Wash DC is a ONE HORSE TOWN, and that is .GOV.....so it's what everyone talks about....
Do a Goodle on what I"m talking about, read the news stories that pop up in your searches.....you be amazed....even the Daily Worker....oh, excuse ME, it's an inside joke, I meant the Washington POst paper had articles about it all......all along, one innocuous tid bit at a time......
:shocking::banghead::banghead::crap::gurney::beer:
nothing left to do now but get drunk .....
:ill:
so the banks were accused of the same thing.....well no freeking WONDER, same thing different field....
so Carter and liberals passed certain regs on the banks to write those areas anyway, and it's NOT just inner cities either....well....Fanni/Freddie held the toxic papers along with all the rest of the notes.....
so when the price of gas started in, with crooked rate changes, and stupid ADDITIONAL regs passed under who else??? CLINTON,,.....about 12-15 years ago....well that finally loaded the bomb in the truck,......they kept running and running, and FEDERALLY ENFORCED LOOSE LENDING....kept disqualified people buying houses....it was over after a few years....
so natch prices went up like a rocket....but when you look at the
amounts, it doubled in the last ~8 years or so.....so then a 30% reduction is not so bad, but every house sold in the last 3 years is now upside down....
SO the congress people ID' d so far that are totally guilty.....Frank, Schumer, and from there I not sure, but you KNOW Kennedy was in on it....along with all the rest of the liberals....NOBAM has taken the THIRD largest kickback from his buddy at fanny/freddy.....along with Frank as number ONE......
8 TIMES Bush2 here tried to fix it, they ALL knew.....but even though the R's 'controlled' congress, woopie doo, it was NOT enough of a majority to put down the D's objections to the much need repairs to the system...so nothing was done.....
I blame the R's for not going public with names and addresses, I damn sure would have.....
McCain is the closest one likely to blow the lid off.....and Palin is right behind him, you can argue her ability, but they ALL are stupid....but you can't argue their HONESTY.....shit, McCain don't EVEN do earmarks.....
Palin was stuck with stuff already in the pipeline up there, when she took office 2 years ago.....so she shook up what she could....80% approval rating, can't beat THAT......
not so much over the last 10 years cause I moved to Florida 11 years ago, but Wash DC is a ONE HORSE TOWN, and that is .GOV.....so it's what everyone talks about....
Do a Goodle on what I"m talking about, read the news stories that pop up in your searches.....you be amazed....even the Daily Worker....oh, excuse ME, it's an inside joke, I meant the Washington POst paper had articles about it all......all along, one innocuous tid bit at a time......
:shocking::banghead::banghead::crap::gurney::beer:
nothing left to do now but get drunk .....
:ill:
DJ Dep
refugee from the other place
Hey...don't knock trains. I collect Lionel
mrvette
Phantom of the Opera
Hey...don't knock trains. I collect Lionel
Didn't we talk about this already??, GG1, Hudson 5344, 736, 2332, 2360,
I even have some old catalogues still around, and a tray of switch/accessory parts left over if you interested in them.....gimme 10 + shipping....all old OEM shit....
DJ Dep
refugee from the other place
Hey...don't knock trains. I collect Lionel
Didn't we talk about this already??, GG1, Hudson 5344, 736, 2332, 2360,
I even have some old catalogues still around, and a tray of switch/accessory parts left over if you interested in them.....gimme 10 + shipping....all old OEM shit....
You'll sell the locos for $10??????
mrvette
Phantom of the Opera
Hey...don't knock trains. I collect Lionel
Didn't we talk about this already??, GG1, Hudson 5344, 736, 2332, 2360,
I even have some old catalogues still around, and a tray of switch/accessory parts left over if you interested in them.....gimme 10 + shipping....all old OEM shit....
You'll sell the locos for $10??????
OH, sorry, I mistyped that,.....I was thinking of some that were in my collection years ago....then it occured to me I have some leftover parts and catalogues from the sale, overlooked.....
so you welcome to the bunch, with the books....ah hell, make me an offer...I guess 30 bux??? got maybe 4-6 old catalogs...good shape too....
I just remember I didn't collect any junk.....
:gurney:
Belgian1979vette
Well-known member
Several banks, under which the most important in Belgium, got nationalized today. Seems like this crisis is spreading like a virus...
DJ Dep
refugee from the other place
US House gave the thumbs down to the $700 billion dollar bailout today. Finally those idiots listened to the American people. But I expect them to keep trying again until they get one passed.
mrvette
Phantom of the Opera
Nah, they didn't listen to shit, the pubs got uber pissed at nitwit Pelosi's comments trying to pin the do mo crap screwups on the pubs.....
and they revolted like true conservatives should and let the bastards sweat it out a while longer......which is GOOD, frankly I hope they keep the game up forever long.....tired of the Do mo crap bullshit....DOW don't belong over 7-8 thousand anyway...so what???
Like Trump said today, when the bill didn't pass, oil took a 20 buck tumble....
clue anyone???
dollar value and inflation???
econ 101???
:lol::lol::lol:
turtlevette
The Turdle
yep,
the economy is in the tank so bad we have our roads clogged here with vacationers, restraunts full of people etc.
the economy is in the tank so bad we have our roads clogged here with vacationers, restraunts full of people etc.
DJ Dep
refugee from the other place
This whole panic-mongering about the economy is pitiful. It's not our fault that idiots bought flakey mortgages or investors made flakey investments. Wall street is gambling just like Vegas is gambling. Go ask the casino manager for a refund when you lose your cash. Good luck!!
There is no "fix" in that bailout. Just throwing good money after bad. There is no guarantee that the 700 billion is gonna fix anything. The economic experts expect a small bump up and then more banks going belly up. I hope to hell the House shoots this crap down again.
There is no "fix" in that bailout. Just throwing good money after bad. There is no guarantee that the 700 billion is gonna fix anything. The economic experts expect a small bump up and then more banks going belly up. I hope to hell the House shoots this crap down again.