The economy, is it good or bad. (Page 102/181)
Phranc DEC 07, 02:35 PM

quote
Originally posted by kyp:

ok this is getting retarted. aceman and phranc you two have been the reason that alot of threads have been sent to the trashcan. i know that your going to gang up on me now but i dont care. you two need to keep your mouths shut, ok we get it you dont like bill but hes entitled to his opinion too. and despite what you say you start all the confrontations that you guys have so just stop. im sick of going to a thread and seeing you two bitching at bill on how he is messing up his life. ok he is a drug addict and he possibly isnt employed(ok he has stated in the past that e is on welfair but that changes). im not trying to flame you but stop trolling, that is exactly what you are doing.



I wont gang up on you or give you a neg. rating but don't tell me to keep my mouth shut. If bill can have his opinion I can too right? Or can only people you want to hear have the ability to talk. I'm sick of going into a thread and seeing bill post stupid things. And bill isn't ruining just his life he ruins the lives of many people. Like his aging mother who has to support him and the "sheeple" who are dumb enough to work to prop his drug addled ass up on welfare.
Red88FF DEC 07, 02:36 PM

quote
Originally posted by Pyrthian:





This thread started out "is the economy good or bad?" we have been talking about the economy as a nation, not small pockets or individual towns or cities. The "economy" by all major economic indicators is doing very well, that is a flat fact.

I know dam well some people are not doing so well, there HAVE ALWAYS been people not doing so well. People have been throwing around terms like inflation off handedly when they do, or did not even know what it means!!!!!!

Could, might, what if?, some people say, etc etc etc. is the jist of the opposing view. Yes people have their opinions, yes they sure as hell can voice them but opinions are not fact no matter how many times they say them. I am not going to post the NUMBERS again, this has been done many times in the,,,,,,errrr 26 pages.

Gas has been high for quite some time now, we are not dying from it yet now are we.

My post was basically just saying, with the current good bad and the ugly,,,,take your pick who is who, taking over yet another thread why not just send it off where it belongs.
Phranc DEC 07, 02:37 PM

quote
Originally posted by aceman:
Bill, although you'll say I have rose colored glasses......

My wife and I opted for her to quit working and stay at home with the kids. It was "cheaper" than putting them in daycare and for 90% of my wife's paycheck go to $1200/month in daycare costs.

That's why I moonlighted at Best Buy. To make ends meet.

But, I probably have rose colored glasses on and have never had problems making ends meet in my lifetime. Right, Bill?



Wow you worked an extra job! You must be some kind of superman. Imagine if more people did that instead of crying. What a concept. Who would ever think that working more would get you more money.
timwdegner DEC 07, 02:45 PM

quote
Originally posted by fierobear:

*sigh*

Yet another thread lost to the Bill vs. Phranc shitstorm



I always run out of popcorn at just the wrong times.

[This message has been edited by timwdegner (edited 12-07-2007).]

Pyrthian DEC 07, 02:45 PM

quote
Originally posted by Red88FF:
This thread started out "is the economy good or bad?" we have been talking about the economy as a nation, not small pockets or individual towns or cities. The "economy" by all major economic indicators is doing very well, that is a flat fact.

I know dam well some people are not doing so well, there HAVE ALWAYS been people not doing so well. People have been throwing around terms like inflation off handedly when they do, or did not even know what it means!!!!!!

Could, might, what if?, some people say, etc etc etc. is the jist of the opposing view. Yes people have their opinions, yes they sure as hell can voice them but opinions are not fact no matter how many times they say them. I am not going to post the NUMBERS again, this has been done many times in the,,,,,,errrr 26 pages.

Gas has been high for quite some time now, we are not dying from it yet now are we.

My post was basically just saying, with the current good bad and the ugly,,,,take your pick who is who, taking over yet another thread why not just send it off where it belongs.



yes, so-so true. many of us had quite a good time financially up until 9/11. to me - that seems to be a key point where thing started slipping backwards. starting with the airline crunch, followed by the fuel/energy brunch. but, yes - it is NOWHERE near "bad". yes, here in Detroit - we are having an extra lousy time of it, so I see more gloom that most.
Formula88 DEC 07, 03:33 PM

quote
Originally posted by 84Bill:


What do you suggest?
Have one of the parent quit their job to watch the kids? Maybe spend 500 a month for daycare?

Tell us what your options would be as a parent working a full time job with 3.2 school aged kids at home and barely enough to maintain it all.



This thread isn't about me.
84Bill DEC 08, 08:07 AM

quote
Originally posted by aceman:

Bill, although you'll say I have rose colored glasses......

My wife and I opted for her to quit working and stay at home with the kids. It was "cheaper" than putting them in daycare and for 90% of my wife's paycheck go to $1200/month in daycare costs.

That's why I moonlighted at Best Buy. To make ends meet.



I understand completely however, that avenue you took is not available to everyone, only you. So, you "should" be a tab bit more understanding with regard to those "less fortunate" than yourself. It's called being graceful.


quote

But, I probably have rose colored glasses on and have never had problems making ends meet in my lifetime. Right, Bill?



Maybe but, you just so happened to be at the right place at the right time so congratulations on your success as not everyone is as fortunate as yourself.

[This message has been edited by 84Bill (edited 12-08-2007).]

84Bill DEC 08, 08:15 AM

quote
Originally posted by Formula88:
This thread isn't about me.



Who indicated it was?
I merely asked you to clarify, so you cant then so be it and let it go. Neither this topic nor the question I posed was about you or your personal life, I was merely asking you a question.. what should parents do?
84Bill DEC 09, 04:20 AM

quote
Originally posted by Pyrthian:
yay! another Blue Shirt!
yeah, my daughter been not working for 2 months now....she got a pretty big head on what she expects from a job now....her last one was Hooters....she wont even think about Taco Bell, cashier, etc...below her....



lol

Yeah.. it never fails that once one has a plan it always goes awry.
For example I worked so many different Ja-hooobs (god I hate that word job and when I say it I actually roll my eyes and exaggerate it pronunciation) before 21 that I got tired of doing dead end menial labor (aka a job) for piss poor pay that I decided to finally chose a career in something I was very very good at. AND I could get a really low interest loan.. just sign here and my wealthy uncle will happily loan me money with a very low interest rate. I had a young family, was thinking of buying a new car, was paying on my loan that my wealthy uncle was so very kind enough to loan me.. I was so happy!!

About 2 years later my career went bust... But hey, I always look on the bright side... you know the sunny rose colored side of everything?

All in all I have concluded that I dont have credit so my credit report is meaningless + I dont have to worry about identity theft + when bill collectors call.. I suffer from a sudden bout of Tourette syndrome and they hang up, now they dont even call... It's the stress... I just cant help it. ( ya, thats a plus in the good column ) and I have some really cool looking pieces of useless paper with fancy script hanging on my wall attesting to how so very smart I am +.... my jealous biotchey ex who accused me of sleeping with every woman at the office and did everything in her power to make me miserable every chance she could got pissed off and moved out and took the pain in the ass kids with her. + All I have to pay is about 100 bucks a week as stay away money +... lets see.. about the only thing I could have done better was bought stock in Ramen... o Which I did my living off their product. + (living? baaahh + in good column) So lets tally... several check marks in the "good" column, one in the could have done it better column and one in the not so good column as I was back to a dead end low pay Ja-hooobs again. BUT HEY!! I can work 2 of them since thats pretty much the only type that is in EXTREME abundance! +++++ I'm happy again!

So now I'm roughly middle age where I need to start thinking about formulating a retirement plan being that I'm at my zenith in my chosen and very expensive career. Heh.. Honesly Pyrthian, I earn so much money I cant hardly spend it all in one place... usually about 2 or 3 tops +. So I gotto the Dr. because I was feeling really tired and run down.. You know what he says? He says gimme 150 bucks and I'll give you a prescription for pills that will help you with that stress problem... They are a bit pricey though if you dont have insurance... and be sure to read the pamphlet. Sure Doc... Nausea, vomiting, diarrhea, lost off appetite, sudden and uncontrollable mood swings, sweating, itching and irritation. Hey Doc? Go golfing. I'll see what I can get at the local corner. Thanks. Oh.. yeah..As for my retirement, I am planning to die young.+ Again and as always.. my plans go horribly awry every day I wake up.

I'm telling ya man this whole planning thing is a complete disaster... There needs to be a law against planning because it simply cant be done! But lets keep this all nicey nicey for everyone and look at it with a very placid vainer. <--- ATTENTION INTENTIONAL TYPO
The only thing beneath me is dirt... So..... Now... what column does that go in?

[This message has been edited by 84Bill (edited 12-09-2007).]

84fiero123 DEC 09, 08:06 AM
So the consistent lowering of the interest rate by the feds means we are doing great, right?

They don’t even think that is true.

Fed Seems Poised to Lower Interest Rates



Sunday December 9, 5:23 AM EST

WASHINGTON (AP) — A lot has changed since the Federal Reserve hinted two months ago that it might be finished cutting interest rates for a while. Credit has become harder to obtain, Wall Street has convulsed again and the housing slump has intensified. As a result, policymakers at the central bank now appear to have changed their minds about the need to drop interest rates again.
The Fed had cut rates twice this year and officials suggested in October that might be enough to help the economy survive the credit and housing stress. Then the problems snowballed, leading Fed Chairman Ben Bernanke to signal that one more cut might be needed.
Analysts expect the Fed to trim its key rate, now at 4.5 percent, by one-quarter of a percentage point at the meeting Tuesday. Some even speculate about the possibility of a half-point cut.


Banks, financial companies and other investors who made loans to people with spotty credit or put money into securities backed by those subprime mortgages have lost billions of dollars. Investors in the U.S. and abroad have grown more wary of buying new debt, thereby aggravating the credit crunch.
All this has added to the turmoil on Wall Street, and Bernanke and other Fed officials say they must take it into account when deciding their next move.
But does lowering rates mean the Fed essentially is bailing out investors or encouraging more sloppy decision-making? In other words, what exactly is the Fed's job?
Bernanke and other Fed officials say it is to make policy that keeps the economy growing and inflation low, a stable climate that benefits individuals, businesses and investors. The Fed also has a responsibility to ensure the banking system is sound and financial markets run smoothly.
"There is a link between Wall Street and Main Street. The Fed is taking the right actions, but they should be careful," said Victor Li, an economics professor at the Villanova School of Business.

http://money.excite.com/jsp...ews_id=ap-d8tds5b80&

Bernanke and other Fed officials say it is to make policy that keeps the economy growing and inflation low, a stable climate that benefits individuals, businesses and investors. The Fed also has a responsibility to ensure the banking system is sound and financial markets run smoothly.

This sounds like the economy is not doing good to me. If we need to bail out the banks.

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