|
Post by saint on Mar 12, 2008 18:30:25 GMT -4
|
|
|
Post by Paco_Guerrera on Mar 12, 2008 19:15:18 GMT -4
That costs 1000 bucks an hour? Pfft, I think not.
|
|
pantera
Chatty
Angels to Some Demons to Others
Posts: 284
|
Post by pantera on Mar 12, 2008 21:43:29 GMT -4
You think with all the money she makes she would get a nose job, then again who's really looking at her nose when she's face down in your lap and your about to give her the bukkake tsunami
|
|
|
Post by fullermj on Mar 17, 2008 15:40:28 GMT -4
|
|
|
Post by Paco_Guerrera on Mar 17, 2008 19:08:38 GMT -4
|
|
|
Post by Hex on Mar 18, 2008 14:45:44 GMT -4
CHALLENGE: Explain how the Fed cutting interest rates by .75% of a point helps the common man in fifty words or less.
|
|
|
Post by fullermj on Mar 18, 2008 15:54:34 GMT -4
The Fed wants to increase consumer confidence, restore stock market wealth, and stimulate investment. The lower rate incents people to borrow money to start businesses, invest, etc.
The common man benefits from more jobs & opportunity, and a chance to earn more money. Buy a house, start a business, borrow $ and invest it. money is cheap!
(that's 63 words, eat me)
The problem here is that the dollar is too weak to do anything with, and people are too worried about everything. there's no confidence. The Fed lowering the rate is also an effort to get people to STOP SAVING MONEY, and get out there and spend it.
"Why save money and get low return on interest when I can play in the market or start that pizza parlor, tanning salon, trucking company, etc"
BUT, since commodities such as gasoline, food, etc are so expensive, people are worried that their money isn't going to go far, and they are worried their jobs will go away, so they will sit on their money.
so, people sit on their money, consume less, and businesses suffer because sales are down, because people are consuming less. businesses lay people off because they are selling less, and now there are MORE people not buying anything.
so, eventually all of our businesses will sell themselves to China, and we're all screwed.
seriously, it's very bad now, and it ain't getting better any time soon.
GOLD! get GOLD!!
|
|
|
Post by Hex on Mar 18, 2008 16:42:43 GMT -4
i'm just glad I am in a recession proof job.
|
|
|
Post by saint on Mar 18, 2008 17:44:41 GMT -4
There's no such thing, tommy.
|
|
|
Post by Paco_Guerrera on Mar 18, 2008 18:54:49 GMT -4
What about funeral director?
|
|
|
Post by saint on Mar 18, 2008 20:15:47 GMT -4
Less disposable income means less opulent funerals.
|
|
|
Post by Hex on Mar 18, 2008 21:02:31 GMT -4
There's no such thing, tommy. actually there is. it's called a contract. teachers will NEVER go out of work now. We don't work, kids have no place to go, parents can't work.
|
|
|
Post by Paco_Guerrera on Mar 18, 2008 21:26:20 GMT -4
Less disposable income means less opulent funerals. Be that as it may, people will always die, and there will always be a need for somebody to deal with the corpse, regardless of opulence.
|
|
|
Post by Hex on Mar 18, 2008 21:30:47 GMT -4
didn't you talk about studying mortuary sciences at one point, Jim?
|
|
|
Post by abone on Mar 18, 2008 21:33:37 GMT -4
True Tommy, your job is safe, but all of your school resources will dwindle as a result of being unable to hire new teachers, purchasing books, updating maps, etc., resulting in a less effective educational system for the 'yutes' of America, forcing them to take up a life of crime...that's where I come in...think of me as the repo man of mental health ;D
|
|