I know I am. Changing jobs. Starting something new, but dang... this is looking ugly.
Anybody getting worried about the crisis?
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- Rated: 22 ↑
Nov 21, 2008 8:02 a.m. Konrad:
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Nov 21, 2008 8:23 a.m. truthtellerspook:
House of cards. Meant to be so. Ain't seen nuthin' yet. Been ringing the alarm bells for a bit. Every one of the things I bring that seem so, "out there," tie in, in some form or fashion (there is a Big Picture), and my presence here in such a capacity is indicative of a broader scope of activity. Fact is, I've been, "punished," for engaging on a larger scale (that it is allowed at all speaks to the hubris of those who manipulate populace... it is thought enough are locked up that it won't really matter much). There are times it seems hardly worth it, akin to Charleton Heston/James Franciscus being stranded on the planet of the apes. But a few wake up.
People have preferred sleep. They do, and will, prefer the illusion of, "security."
Only a relative few, speaking statistically/percentages, will escape with their souls when all is said and done.
I re-entered the site on 9-11 for a reason.
The U.S. has been used to spearhead. It has been a test bed. It has been intentionally rendered expendable.
The strands that have been woven across the globe, magnificent in scope. And Maleficent.
The tapestry that will manifest openly (while hiding true intent, mechanism to masses), a fine mesh net... the largest soul-trap ever devised.
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- Rated: 45 ↑
Nov 21, 2008 8:24 a.m. Tsar Nicholas :
Nope. I make money playing music and if there's anything people need during a recession it's entertainment.
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Nov 21, 2008 8:27 a.m. Konrad:
I dunno Tsar, during the last recession I saw a bunch of great places go down in Dallas. Giggers lost out for sure.
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Nov 21, 2008 8:30 a.m. Richard Hudson:
It's a little scary to say the least. An abundance of black gold has kept my neck of the woods in a pretty decent economy still yet but the layoffs are beginning to happen. A major correction may be in the making.
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- Rated: 45 ↑
Nov 21, 2008 8:36 a.m. Tsar Nicholas :
Konrad said: I dunno Tsar, during the last recession I saw a bunch of great places go down in Dallas. Giggers lost out for sure.
Ah but in Ireland if there's anything you can count on it's people going to the pub.
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Nov 21, 2008 8:37 a.m. Konrad:
Hmmm. Maybe I should move there...
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Nov 21, 2008 8:51 a.m. fauves:
Tsar your in Ireland? I used to live in the sunny southeast (where it was a warm rain in the summer) Wexford. And my wife is from Dublin. Her brothers band plays at the Shambles every Thursday? I think. Here is somethin when she moved here 16 years ago Irish unemployment was at 25+%
I was just talkin to a club owner up here in new england singin th' blues. Talking about going to 4 bands in a night! to bring more people in. Splittin a door that many ways is NO Money! all the crowd sees is bands settin up and tearin' down. Thats too many but, still better than goin to a ladies nite with a D.J. playin the same beat for the entire eve!
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Nov 21, 2008 8:52 a.m. Proteus:
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- Rated: 41 ↑
Nov 21, 2008 9:15 a.m. J(esse James)D:
Worried, well, concerned. The US economy has been on a 30+ year trend of "blowing up the bubbles".
The housing and credit card industries are starting to pop, and folks are starting to see the effects of years of corporate and personal greed.
A lot of folks are used to "more, more, more" and want it "now, now, now". Well folks, that's over, and we're seeing the start of a really big bust for many.
The consumer/retail industry has grown on credit, along with the housing and automotive industry. "Stuff" just ain't selling, and "empires" are crumbling.
Average folks who have "used their heads" for decades are getting killed too. Savings are vanishing, retirement accounts going to crap, and home values are falling.
It'll get better in time, but it will get worse first.
Don't even get me started on the "corporate bailouts". Anyone with an ounce of common sense can read the latest on these, and see that it won't help anyone, except a few more executives gently hanging on to their "golden parachutes".
We going on a bumpy ride folks, and it ain't a "Sunday Drive" either.
This stuff is serious, real serious.
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Nov 21, 2008 9:15 a.m. Suprdave5150:
Proteus, That picture of George W. just says it all, Thanks.
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Nov 21, 2008 9:19 a.m. Suprdave5150:
Jesse, You're right, As long as we all keep acting like we're on vacation in the brain there will be no end in sight. We all need to live like we want to help each other get out of this big ole mess and I don't think bailing out Billionaires is the way to go either. I love the way they shot down the big three auto makers about their private jets and such and sent them home with their tails tucked in. I just wish they would have done the same with Corporate American Bankers, What a Crock.
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- Rated: 57 ↑
Nov 21, 2008 9:33 a.m. Curt:
Not worried about the normal cycle of things but am about the direction to 'fix' it. Throwing money around never fixes anything and we need to let the markets correct themselves. Once we hit bottom and get some consuming going on we'll be fine. It's been my frustration with the business world forever, you can't always beat yesterday and a sickness evolves from that. Enjoy what you're doing with your life and spend time with people, family, friends. Let the car companies file and stop rewarding bad behavior.
And stop listening to the news they thrive on doom and gloom. We get a dusting of snow and everyone buys food, what's up with that? They sell fear that I'm not buying.
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Nov 21, 2008 9:45 a.m. dubkitty:
i think you'd have to be an idiot not to be concerned, but i really don't see any point in pooping purple bricks about it, since there's not much of anything i can do about it. for that matter, i don't think there's anything the government can do to fix it other than get out of the way, either...we've got another situation like the early 80s here, where some form of inflation has so unbalanced the economy that the only thing for it is to let the false excess value bleed out of the system. i've watched this happen over and over during my life, as currency, commodities, stocks, and now property values have peaked and dropped. it sucks, but stability is an illusion...i had to come to terms with the tenuous nature of my existence a long time ago.
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Nov 21, 2008 9:48 a.m. MR TROUBLE:
I hope y'all got your squirrel soup recipes handy.
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Nov 21, 2008 9:50 a.m. Ric12string:
This says it all.
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Nov 21, 2008 9:52 a.m. audiodrome:
Forget about it - just go buy another Gretsch!
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Nov 21, 2008 9:56 a.m. The Norm:
The amazing thing is all those people, after years of deficits, deregulation, credit card splurging, overextending and cutting taxes again and again and again for rich people while not paying as they go...
They scratch their heads and say "how did that happen?"
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Nov 21, 2008 9:58 a.m. Ric12string:
Someone on the internet posted these photos together and thought that they bore some kind of resemblance. I'm not so sure, though. Maybe...if you try real hard to make them look alike!
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Nov 21, 2008 10:15 a.m. Deed Eddy:
A dear friend of mine is a single mother, who works for an hourly wage that just gets her through the month. She's worried about keeping her house and helping her daughter with her student loan.
She called me last night to say that she had gotten a call from her bank, asking if she would like to discuss reworking her mortgage, as the payment was going to be adjusting in a few months. I believe her answer was "Heck, yeah!"
She now has a year at a much lower rate, saving her hundreds a month, and allowing time to search for better job, and ultimately, refinancing for the long term at the end of the year. You want to talk about hope? She has some now.
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Nov 21, 2008 10:21 a.m. Ric12string:
You know, Deed, I heard on the news this morning that a couple of the larger lending institutions are also not going to commence any foreclosures for the next few months to get people through the holidays. Perhaps there is reason to be hopeful.
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- Rated: 212 ↑
Nov 21, 2008 10:22 a.m. Proteus:
I'm with everyone. I note that since the world ended a couple months ago, the sun has continued to come up. We'll all see this through our personal prisms: some folks cruised through the Great Depression in Duesenbergs and thought things were fine; we'll all respond to the Greater Depression (or whatever this becomes) out of our own situations first, then with a look around to our interconnected neighbors.
Our responses to our personal situations are our first orders of business. I have more credit card debt than I'd like (and then I knew was prudent) coming in, and my own self-employed job, intricately involved in the past 15 years or so in the already-struggling newspaper industy, is precarious. Thus I'm on a strict no-more-GAS diet, am paying the debt as quickly as possible, laying aside everything I can, and fortifying every possible form of income.
Short of chucking it all, joining a commune or a cult, or going back to a nature I'm ill-prepared to live in, that's all I can see to do. So far, so good. I seem to be over the initial doom-predicting shock.
It's patently apparent that manymost aspects of the way we've organized modern industrial-consumer life over the past century and more – or at least since WW.II – are in for serious overhauling, and some for outright abandonment. Resources, food supply, fuel supply, environment, trade patterns, government, all of it – no one has all the answers, and even if those "running things" had the best and purest and noblest and most transparent intentions (we should neither naively assume they do nor cynically assume they don't), they don't have a repertoire of experience to draw from in improvising sound solutions, nor omniscient wisdom to predict how policies and trends will interact, or what unintended consequences will result.
So they're making it up as they go along. Dozens hundreds thousands of smart guys have great ideas and foolproof schemes to fix this part or that part or all of it. Some will rise, some will fall, some will never be tried. Some will work, some will fail. Some things will get better, and some will get worse.
In other words, the mass default human enterprise of civilization will stagger along as it has always staggered, each individual and each nation pursuing its self-interest, occasionally – more often than not, we might hope – in general cooperation, albeit with no guarantees either of disaster or salvation.
My daughter and her husband just bought a used car; her second child is due any day. Neither his job nor their future success are assured, but they're making their house payments and assuming life goes on. People are starting to buy houses.
Mankind has done business pretty much from the git-go, or at least since we moved from caves and huts into cities surrounded by fields. (DIGRESSION: Some will say that was a bad move, that a better model is to live as tribal hunter-gatherers, and that societies based on urban life supported by organized agriculture are a conspiratorial plot, promulgated by an age-old cabal of wealth and privilege to enslave the masses, or by forces beyond our reckoning. I say it was, and is, inevitable.)
We can't and won't stop making "things" (from crops to necessities to trinkets) others want. We'll continue to produce value, and to trade for it in one form or another.
Worry produces nothing but fear, which is just something to endure till it abates – while you go on doing what you have to do. Neither accomplish anything, so don't let them get you down.
Curt sez: Enjoy what you're doing with you life and spend time with people, family, friends...stop listening to the news they thrive on doom and gloom...They sell fear that I'm not buying.
I say "yup."
dubkitty sez: it sucks, but stability is an illusion...i had to come to terms with the tenuous nature of my existence a long time ago.
I say "yup," twice.
I figure to attend to my own business, look to the good of my neighbors and communities (local or far-flung), and find all the enjoyment I can in the ride. I don't know the way, and I'm not driving.
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- Rated: 53 ↑
Nov 21, 2008 10:33 a.m. Ratrod:
Can't say I'm not worried. Every company here in Holland uses the crisis to lay off thousands of employees. That won't make it easier for me on the job market.
Banks have just been given biljons by the govt. but they're not willing to give any credit to businesses and they continue to give the top management outrageous wages and bonusses.
Nothing has changed and nothing is learned.
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- Rated: 54 ↑
Nov 21, 2008 10:35 a.m. tartan phantom:
I know most people are concerned, but we shouldn't be...
Remember, in the near future no one will have to worry about paying for gas or their mortgage.
I'll let you know when my first subsidy check arrives. Don't hold your breath.
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- Rated: 47 ↑
Nov 21, 2008 11:43 a.m. dignan:
Time to learn a viable trade skill, like pottery or blacksmithing.
You just change the sign on the counter from "cash & credit" to "chickens & ammo" and business will continue more or less uninterrupted.
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