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Grieving for the past- Gillaspy said those reacting to principles of the "New Normal" often grieve in stages delineated by psychiatrist Elisabeth Kübler-Ross: denial, anger, bargaining, depression and finally acceptance."Here's where it gets exciting," he said of the final phase. "I firmly believe everything will be OK. Give yourself permission to look for opportunities. The next economic leaders are getting moving ... they're out there trying to figure things out ... they're prepared, aligned and ready to go. Virtually every major corporation in the world got started during a bad economic time."

what a bunch of crap. IOW, just except your fate, grab your ankles, and don't fight socialism.

1 posted on 11/06/2011 3:19:40 PM PST by WOBBLY BOB
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To: WOBBLY BOB

Older people are MORE conservative... The first boomer turned 65 this year. Every year - for the next 15 years or so - the country will become more conservative.


2 posted on 11/06/2011 3:26:02 PM PST by GOPJ ( Democrats are the only reason to vote for Republicans.... Will Rogers)
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To: WOBBLY BOB

Why should Gillasky worry? He works for the state. The more disfunctional & needy the public becomes, the better his prospects are!


3 posted on 11/06/2011 3:30:18 PM PST by skeeter
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To: WOBBLY BOB

Part of the problem is, someone coins a clever phrase and then people who don’t know what they’re talking about start to misapply it. “The New Normal” originated with Bill Gross of PIMCO in 2009 as a way to describe investment strategy:

“The New Normal is a state where growth is slower, profit margins are narrower, and asset returns are smaller than in decades past based upon the delevering and reregulating of the global economy, which in turn should substantially inhibit the “gorging” of goods and services that we grew used to in decades past.”

Much of what is written now ignores the actual meaning and ascribes all kinds of new crap to the term. Gross’s original usage makes sense and his advice is still valid - things ain’t like they used to be, although that’s not to say we can’t fight like hell to change them.


4 posted on 11/06/2011 3:31:56 PM PST by bigbob
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To: WOBBLY BOB

The other day I came across a Google street view map of an up-scale town somewhere in California. And I thought let me take a walk around and check it out.

I passed a few nice homes, turned a corner and passed a few more nice homes and then there was a drive-way with three car garage. I turned and zoomed in, two garages were filled with stacked wood and the guy was in the third bent down working a chainsaw. I thought he was building a boat.

Then I turned and saw a port-a-potty right there next to the street and thought “ick who would want to live in a nice street like this and look at that all day.”

Then I turned again and saw a sign “Luxury Basements”.

So this guy with the three car garage is actually making a business of turning his neighbors cellars into “Luxury Basements” for their children (who have no hope of ever leaving) to live in.

What is “Luxury” about that?

I guess if you make a business out of it you need to sugarcoat the reality.


5 posted on 11/06/2011 3:37:44 PM PST by Berlin_Freeper
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To: WOBBLY BOB

Pessimists ignore two things, illegal immigration and environmentalists are holding back US resources to recovery. Cut off illegals and Americans who work with their hands have a chance to get work and get good salaries for it. Push the environmentalists aside and out of power, and God’s blessing to America her oil, natural gas, timber and coal is available for export to generate blue collar jobs, income and yes tax revenues to help pay off our debts, put money into the pockets of American workers and jobs.


6 posted on 11/06/2011 3:49:55 PM PST by Fee
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To: WOBBLY BOB

Considering they mostly vote rat we are screwed.


14 posted on 11/06/2011 7:41:35 PM PST by 38special (For real...)
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