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Thread: The US Economy

  1. #161
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy

    P/E: Ideally 1 to1.

    :)

  2. #162
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    Re: The US Economy

    The World ends Thursday December 4th, 2008 at 4;21 pm.Just a heads up.

  3. #163
    Forum Member Stonefreefuzz1's Avatar
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    Re: The US Economy

    I thought it was December 25th, 2012?
    RIP Lacey Cat 1992-2009

  4. #164
    Forum Member phantomman's Avatar
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    Re: The US Economy

    Quote Originally Posted by Stonefreefuzz1 View Post
    I thought it was December 25th, 2012?
    You been listenin' to too much Art Bell, Ian!




  5. #165
    Forum Member Stonefreefuzz1's Avatar
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    Re: The US Economy

    LOL! I actually got it from the X-Files LOL
    RIP Lacey Cat 1992-2009

  6. #166
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  7. #167
    Forum Member curt1lp's Avatar
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    Re: The US Economy

    Whats up with your bailout?

    "Kashkari Accused Of Bailout “Bait and Switch” During Angry Hearing"
    http://www.infowars.com/?p=5973

  8. #168
    Forum Member Offshore Angler's Avatar
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    Re: The US Economy

    Quote Originally Posted by phantomman View Post
    You been listenin' to too much Art Bell, Ian!



    Satch will be pissed.
    "No harmonic knowledge, no sense of time, a ghastly tone, unskilled vibrato, and so on. Chuck is one of the worst guitar players I know" -Gravity Jim

  9. #169
    Forum Member Fedora's Avatar
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    Re: The US Economy

    "Whats up with your bailout?"

    I really don't know. I'm beginning to think that we have created (the whole modern economy) something we are neither smart enough nor honest enough to manage. We got in over our collective heads. And I feel it started a while back. It is beginning to look like the $700b will pretty much vanish without ever having any impact.
    It will be interesting to see what it looks like on the other side of this.

  10. #170
    Forum Member curt1lp's Avatar
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    Re: The US Economy

    I agree with your assessment Fedora. BTW Our dollar dropped from 90 something cents US to 65 cents in the space of a few weeks. I have been witnessing some fallout here in Australia on a personal level -I am a family doctor .. and have had a patient only a few days ago come in with depression as he had lost half his savings due to stockmarket investment losses. Another said he had lost half due to the economic crisis and now has to go on Govt pension. That's two in only a couple of weeks. We live in interesting times. Not just a USA problem. Everything is interconnected now. I think this is a global problem of greed chickens coming home to roost.
    Last edited by curt1lp; 11-15-2008 at 09:44 PM.

  11. #171
    Forum Member Skip's Avatar
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    Re: The US Economy

    it is global and all on paper... please someone get the eraser and pencil working in the right direction soon, and hopes that the press will quit feasting on negativity and offer a few encouragements to let the cloud of "recession / depression" disperse to allow a bit of sunshine!


  12. #172
    Formerly ajay315 Huckleberry's Avatar
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    Re: The US Economy

    I've seen this topic on a lot of boards, and I see a lot of opinions leaning towards blaming:

    "People who couldn't afford houses bought them & now we're all in trouble."


    No economic situation is that simple, sorry. My mother lost her house last year...after 27 years. My step-dad died, things went wrong, she had to go back to work after retiring from her state job for like two weeks.

    My brother lost his house last year, as well. He goy laid off, couldn't find work. His girlfriend of 11 years left him, unemployment ran out.


    It's a multi-pronged issue: job loss in this country over the last few years (it isn't a new issue, it just hit astronomical proportions in 2008 and is being reported on), mortgage bundling (a big bank may have written your mortgage, but sold it to Bob's Bait Tackle & Loan), as well as looser rules re: lending & a lack of regulation.

    It ain't just the government, it ain't just the homeowners, it ain't just outsourcing.

    It's an all of the above equation.
    Time wounds all heels.

  13. #173
    Formerly ajay315 Huckleberry's Avatar
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    Re: The US Economy

    Quote Originally Posted by Fedora View Post
    "Whats up with your bailout?"

    I really don't know. I'm beginning to think that we have created (the whole modern economy) something we are neither smart enough nor honest enough to manage. We got in over our collective heads. And I feel it started a while back. It is beginning to look like the $700b will pretty much vanish without ever having any impact.
    It will be interesting to see what it looks like on the other side of this.

    Why don't they take that $700 Billion, and send each U.S. taxpayer a million bucks? That'll get this economy moving, I guarantee! the headlines the following day: "Fender Custom Shop Overwhelmed With Orders! Master Builder's Head Explodes!"
    Time wounds all heels.

  14. #174
    Forum Member melody's Avatar
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    Re: The US Economy


  15. #175
    Forum Member Offshore Angler's Avatar
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    Re: The US Economy

    The more I learn, the more I begin to understand the mortgage crisis is a red herring. Let's face it, $700B would pay off everyone's mortgage and have a lot left.

    I more and more think that it was an election year ruse to delay the truth that we've shipped so much of our real value-adding work (which is were real wealth is generated) offshore that we can't sustain the economy.

    The real property boom was the last place to manufacture things - it's hard to import housing - and now that source of income is gone.
    "No harmonic knowledge, no sense of time, a ghastly tone, unskilled vibrato, and so on. Chuck is one of the worst guitar players I know" -Gravity Jim

  16. #176
    Forum Member Skip's Avatar
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    Re: The US Economy

    allot of truth to that OA...one advantage to high fuel was that American Industry was starting to make strong considerations for cranking up steel, and manufacturing as the shipping and low quality Chinese stuff was beginning to be to expensive... we are such energy whores... as a builder we are in quite a fear and loathing period, but as we go so the rest of the economy so really most of us are in the same boat (no pun intended OA :)


  17. #177
    Forum Member phantomman's Avatar
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    Re: The US Economy

    Quote Originally Posted by Offshore Angler View Post
    The more I learn, the more I begin to understand the mortgage crisis is a red herring. Let's face it, $700B would pay off everyone's mortgage and have a lot left.

    I more and more think that it was an election year ruse to delay the truth that we've shipped so much of our real value-adding work (which is were real wealth is generated) offshore that we can't sustain the economy.

    The real property boom was the last place to manufacture things - it's hard to import housing - and now that source of income is gone.
    +1, OSA!!!

    ♫Meet the new boss, same as the old boss......
    "When injustice becomes law then rebellion becomes duty."

  18. #178
    Forum Member phantomman's Avatar
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    Re: The US Economy

    Quote Originally Posted by Offshore Angler View Post
    The more I learn, the more I begin to understand the mortgage crisis is a red herring. Let's face it, $700B would pay off everyone's mortgage and have a lot left.

    I more and more think that it was an election year ruse to delay the truth that we've shipped so much of our real value-adding work (which is were real wealth is generated) offshore that we can't sustain the economy.

    The real property boom was the last place to manufacture things - it's hard to import housing - and now that source of income is gone.
    +1, OSA!!!

    ♫Meet the new boss, same as the old boss......♫
    "When injustice becomes law then rebellion becomes duty."

  19. #179
    Forum Member gibsonjunkie's Avatar
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    Re: The US Economy

    Quote Originally Posted by phantomman View Post
    +1, OSA!!!

    ♫Meet the new boss, same as the old boss......♫
    I wonder if double posting contributes to the increase in energy use - hence increasing global warming and the upcoming financial collapse....
    "We catched fish and talked, and we took a swim now and then to keep off sleepiness." Mark Twain

  20. #180
    Forum Member phantomman's Avatar
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    Re: The US Economy





    Nevah had that happen before!





    "When injustice becomes law then rebellion becomes duty."

  21. #181
    Forum Member gibsonjunkie's Avatar
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    Re: The US Economy

    Quote Originally Posted by phantomman View Post
    +1, OSA!!!

    ♫Meet the new boss, same as the old boss......♫
    I wonder if double posting contributes to the increase in energy use - hence increasing global warming and the upcoming financial collapse....
    "We catched fish and talked, and we took a swim now and then to keep off sleepiness." Mark Twain

  22. #182
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy


  23. #183
    Forum Member NTBluesGuitar's Avatar
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    Re: The US Economy

    "...pray do not imagine that those who make the noise are the only inhabitants of the field;
    that, of course, they are many in number; or that, after all, they are other than the little,
    shriveled, meagre, hopping, though loud and troublesome, insects of the hour."

    -Edmund Burke

  24. #184
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy

    I have to bump this thread into another page.

    I'm tired of looking at my "P/E" post.

  25. #185
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy

    Oh, chit.

    40 posts per page?

    Furggetabout that last post, then.
    Help me here, folks.

  26. #186
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy

    Oh, chit.

    40 posts per page?

    Furggetabout that last post, then.
    Help me here, folks.

    Thanks for the tip, Gibsonjunkie!
    The price of posts has deflated, like GAS.

  27. #187
    Forum Member gibsonjunkie's Avatar
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    Re: The US Economy

    Quote Originally Posted by phantomman View Post
    +1, OSA!!!

    ♫Meet the new boss, same as the old boss......♫
    I wonder if double posting contributes to the increase in energy use - hence increasing global warming and the upcoming financial collapse....
    "We catched fish and talked, and we took a swim now and then to keep off sleepiness." Mark Twain

  28. #188
    Forum Member NTBluesGuitar's Avatar
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    Re: The US Economy

    This multiple posting bit has become too silly!



    "...pray do not imagine that those who make the noise are the only inhabitants of the field;
    that, of course, they are many in number; or that, after all, they are other than the little,
    shriveled, meagre, hopping, though loud and troublesome, insects of the hour."

    -Edmund Burke

  29. #189
    Forum Member gibsonjunkie's Avatar
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    Re: The US Economy

    Just trying to get to the next page for Cygnus X1...

    "We catched fish and talked, and we took a swim now and then to keep off sleepiness." Mark Twain

  30. #190
    Forum Member NeoFauve's Avatar
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    Re: The US Economy

    Quote Originally Posted by Offshore Angler View Post
    The real property boom was the last place to manufacture things - it's hard to import housing - and now that source of income is gone.
    That all depends.
    Granted, the owner must provide the land, but if you scroll down, one of these is actually called a "Villa."
    "Well, I used to be disgusted, now I try to be amused..."
    Elvis Costello

  31. #191
    Forum Member NTBluesGuitar's Avatar
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    Re: The US Economy

    Quote Originally Posted by gibsonjunkie View Post
    Just trying to get to the next page for Cygnus X1...
    Yeah...me too...

    "...pray do not imagine that those who make the noise are the only inhabitants of the field;
    that, of course, they are many in number; or that, after all, they are other than the little,
    shriveled, meagre, hopping, though loud and troublesome, insects of the hour."

    -Edmund Burke

  32. #192
    Forum Member Cygnus X1's Avatar
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    Re: The US Economy

    Quote Originally Posted by gibsonjunkie View Post
    Just trying to get to the next page for Cygnus X1...


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