February 19, 2009
F*ck it. It was just money. Let's all go live down by the river. Grow our own food. Never see the inside of a Best Buy again.
Is this economic crash making you blue?
Where you able to seek shelter from the storm?
Kermit sounds like he listened to a realtor.
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13 comments:
BOHICA...
Wholesale inflation takes biggest jump in 6 months
Wholesale inflation jumps by largest amount in 6 months, reflecting higher energy costs
Get ready ...Peter S has been calling this one for months.
It wasn't 'just money'. It was nice big beautiful comfortable houses with big screen tvs and full refrigerators and views of other big beautiful houses. Not having money means living in shelters, cars, other people's basements. It means eating ramen noodles (tried those lately?) and McDonald's value meals (those get old real quick). It means having 10 channels on the tv (if you're lucky enough to have a tv). It means waiting in the laundromat for your clothes to get done, meanwhile trying to read a book while the lady next to you lets her fifteen screaming kids run wild all over the place. It means choosing heat over food, gas for the car over health care, and never getting a decent night's sleep. Yeah, ok, not the end of the world, I guess, but never call it 'just money'. Money is freedom, safety, comfort, dignity, and choices. Poverty sucks. Period.
Actually enjoying Europe being exposed.
As the tide retrieves its obvious who was lying about their size.
The frog is really former disgraced and failed President George W. Bushco after a long night of drinking...
Oops, that's supposed to be a secret?
No, as a matter of fact a lot of the news (not all of it but a lot of it) that I read makes me very happy. My thought is "what took you so long Mr. Market?" hahahahahaha!
Cracking Switzerland's historic reputation for banking secrecy, UBS agreed Wednesday to a $780 million settlement of federal charges it helped about 19,000 wealthy American clients evade U.S. taxes and said it would disclose the identities of some of those customers.
UBS (UBS), Switzerland's largest bank, also agreed to stop providing banking services to U.S. clients with undeclared accounts. The bank also admitted to conspiracy to defraud the IRS and agreed to report to U.S. authorities for at least 18 months on its compliance actions
"People who have hidden unreported income offshore need to get right with their government," IRS Commissioner Douglas Shulman said. "They should come forward and take advantage of our voluntary disclosure process."
From USA Today - hahahaha! Let's all go down to the river and have a come to Jesus moment - yeeeeehaaaaawwww!
Smug Bastard
Anon: "Money is freedom, safety, comfort, dignity, and choices."
Yes, this is true, but the problem with the boom was that the definition of "money" that you suggest changed dramatically.
Having freedom, safety, etc. no longer meant a decent job with benefits, it meant making a dump truck load of cash and then getting into a bidding war for the stuff you wanted. Needless to say, the people who were interested in living within their means and having enough to be comfortable got screwed. Yes, "poverty sucks", and during the boom, it was easier than ever to fall into: GET IT THROUGH YOUR HEAD: THE BOOM WAS NOT A TIDE THAT LIFTED ALL BOATS.
Personally, I am doing great during the bust. Prices are down. People have adjusted their spending to much more rational, sustainable levels. My spouse and I are in secure jobs that supply essential services to the community, (jobs that were for "suckers" during the boom years, right?). Funny how those big bonus jobs don't look so good right now...
My 401K blew up. Trying to put the pieces back together again.
>>Get ready ...Peter S has been calling this one for months.
These price increases have nothing to do with money supply. It is companies trying to boost earnings before demand decreases even more.
Schiff was wrong. This is deflation for as far as the eye can see. And no decoupling either.
The really nasty stuff is now in the starting phases - massive inflation on all necessity items.
We're running out of oil, and global warming is now impacting our water reserves heavily, and we've over-built with all the cracker-jack houses that have to be supplied with water, gas and electricity.
Our greedy public service employees slurped at the trough for far too long now, and there's no way to pay off this massive debt without taxing the hell out of the honest worker - which will not work.
This sets the stage for the perfect storm in this country.
Riots will be coming to a neighborhood near all of us.
I won't expect the next generations to ever forgive us for taking away their future, solely because we were too interested in getting a "piece of the action" while devaluating currency flowed like gravy into our pockets, never realizing that the future generations will be stuck, like serfs, to work their lives paying towards this debt.
At my place of work, the notion has arisen that if the DOW dives below 6800, then it's panic time and time to cash out and save whatever you can from your depleted mutual fund accounts. I assume that this meme will be making its way across the USA! USA !USA!
So, you heard it here first. Once the DOW crosses 6800, it's going to be look out below!
In light of this meme, I am seriously thinking of jumping out now before it becomes too late.
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IS IT WRONG THAT KERMIT'S SONG MADE ME TEAR UP? AS SEINFELD WOULD SAY, "WHAT'S THIS SALTY DISCHARGE???"
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Smug Bastard said...
"People who have hidden unreported income offshore need to get right with their government," IRS Commissioner Douglas Shulman said. "They should come forward and take advantage of our voluntary disclosure process."
From USA Today - hahahaha! Let's all go down to the river and have a come to Jesus moment - yeeeeehaaaaawwww!
Dick Cheney and George Bush are going to be on that UBS list.
rofl http://www.youtube.com/watch?v=QGcEWCNBBa4
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