Posted on 11/20/2009 6:06:25 AM PST by randita
Ping
More details please... and fast. :-)
Forgot one: The RATs are in power, therefore anything which cannot be laid directly at Bush’s feet will be understated by the LSM.
Guess what? Even in a good economy, if companies realize they can get just as much production from fewer personnel, they won't be doing any rehires. That treand has been around for a number of years. If they do hire more employees, they will most likely be contract workers. (lower wages and NO bennies)
I said we were - months ago here on FR. Per usual, I was ridiculed.
Not by me.....you can only keep blowing on a balloon with a gaping hole in it for so long.
My fondest daydream is that one day if we are back in control, little Timmy Tax Cheat will end up being some big gay bruiser’s bitch in prison.
Well they are in a boat with ten holes and five corks. No matter what hole they plug the boat will sink. Inevitable. I take 50% of what I earn and buy old silver US coin. I do not even pay much attn to the price. It will be a lot worse than the 30’s in my opinion.
Thanks for the ping!
Speaking of the FHA take note another horror story
I’m glad he mentioned the fiscal crises going on at the state and local level.
Unless the states reform the public pension plans and rein them in, as well as the so-called OPEB benefits, and until they get entitlements under reform, they will continue to be in deep stuff, and the SEIU and others will be screaming bloody murder about “essential service cuts,” “public safety,” “the children” etc. in their emotional appeals to taxpayers to keep paying more. Trouble is, the taxpayers are tapped out.
Obama is keeping them barely afloat right now with the so-called “stimulus,” most of which is simply a direct transfer to states and local units, to keep funding their unionized labor forces and keep the pension funds from really falling off a cliff. The stimulus creates no jobs, its simply a band-aid. Its kicking the can down the road...
Great piece. Sadly wrong in only one key respect ... it is overly optimistic. Our number one export is not entertainment, not even close. Our number one export is claims on future tax receipts!! (treasury debt).
bump for later
A recipe for disaster. RUN! RUN AWAY as fast as possible! By time this guy gets to the bright side of the moon and agrees with you, the Depression will have hammered you all like a tent peg.
My youngest sister and my youngest son are like that - a 2x4 between her political eyes and my son's common sense peepers barely make an impact.
He has recovered from his ways. He is a true conservative now. He’s done things I never dreamed he’d do. Taking on all comers: college friends, family, etc. His metamorphasis has been nothing short of astonishing. It took 3 years.
But this “prepping” thing sticks in my craw, I must say.
Personal story here:
I’d tell you how I came to meet him, but, trust me...you would never believe it. That is why God made FReepmail. LOL
That said, the reason I’m so ticked is that he is normally so amazingly decent and smart. This “not being ready in case the shit hits the fan” bugs me more than you know, especially with him having 4 critters (as we call them)
He’s a good man. I’m going to straighten him out if it’s the last thing I do.
After all, how can you give up on a man that saves cookies? Yeah...cookies. I mailed him some of my world class, artfully decorated Christmas cookies in 2006. (and beyond) I came to learn he saved a representative collection of those cookies....to this day. Mind you, I’ve continued to send him cookies for Christmas; he saves a sample of each of them.
He’s sentimental. Last of the romantics. Makes sure those roses are in my hands the morning of Valentine’s Day. We are, at the moment, about 2,000 miles away (I’m in S.Utah but moving to TX soon) But it’s like being married.
Nevertheless, if he doesn’t get his act together and prepare for the Nitwit in Chief destroying this economy, I swear to you, on the head of my only child:
I’m going to punch him right in his Indian nose! And I’m not kiddin’ either!
Fits me to a "T". I was thrown out of work in July; severance just ran out. I am now living on SS and unemployment. Unemployment will run out next summer.
Somehow, I have to bridge the gap between being 63 and 65. At 65, at least I can take advantage of medicare/medicade (if it still exists.)
I have two realestate properties. Both are for sale. If I can sell both of them, I should be ok. If I can't, then I'll allow foreclosure to take over, rent a nice little apartment, and live out the rest of my life on SS and my "retirement" savings.
And I'm better off than most!
Consumer recovery???? Nope....not any time soon; probably not within my lifetime. And certainly not under the present islamic, muslim administration.
You’re not alone.
My aforementioned sweetie, hauling around his Master’s Degree, is now earning exactly 1/2 of his salary in 2007. He was laid off for almost all of 2008.
You have my heartfelt prayers. Hang in there.
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