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Addiction To The Easy Money... https://forum.costaricaticas.com/viewtopic.php?f=16&t=30731 |
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Author: | Phoenix Rising [ Fri Sep 25, 2009 10:49 am ] |
Post subject: | Addiction To The Easy Money... |
Mongers on Unemployment? Or the chicas of the Hotel Del Rey? Who is more addicted to the EASY MONEY??? ![]() |
Author: | JazzboCR [ Fri Sep 25, 2009 1:02 pm ] |
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These poll results are a serious smackdown to Brother PR for posing the questions, especially with the heavy political context. The women aren't just addicted to the easy (?) money and the fast(?) life--in many cases they are addicted--PERIOD. And anybody who thinks we have folks especially here who want to be unemployed would do well to check with them--my sense is they hate it, and would love and are working hard for the chance to turn legitimate coin. Brother, what were you thinking? |
Author: | Witling [ Fri Sep 25, 2009 1:18 pm ] |
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Quote: Why look for a job when you can live frugally off the fat of land indefinitely in these Obamamian times?
Excuse me? The only "fat of the land" I've received since being laid-off is a break on my health insurance under COBRA. I'm still paying $125 a month and I don't have any dependents. Since I received a severance I'm not even eligible for unemployment until the time that my severance covered is passed (9 months). Even if I start getting unemployment benefits they won't cover the mortgage payments on my very modest little house. Sure I've enjoyed my time off but now that reality is kicking in I am finding literally NO jobs available in Atlanta in my career field with my skill set (IBM mainframe programming). At the very least it looks like I'll be forced to sell my house and move to find work. I'm also looking into jobs "over there". As to the poll, I can't answer as to what it's like working at the Del Rey but I could get used to unemployment if I had unlimited funds. |
Author: | Almond [ Fri Sep 25, 2009 2:37 pm ] |
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Unemployment is great. Only have a couple months left, though. Hopefully I get an automatic extension. lol |
Author: | NYG [ Fri Sep 25, 2009 4:11 pm ] |
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I think this is a stupid poll and a shot at our Prez ![]() NYG |
Author: | GetRhythm [ Fri Sep 25, 2009 5:12 pm ] |
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NYG wrote: I think this is a stupid poll and a shot at our Prez
![]() NYG And not to get political, but I seem to recall a certain former President signing off on two unemployment extensions his last year in office - yeah, the same one that got us into this phucking mess in the first place... |
Author: | Spanky [ Fri Sep 25, 2009 6:49 pm ] |
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I think PR should spend less time causing controversy and more time posting his tale of Novio gone bad on GR's blog. ![]() |
Author: | Xman00 [ Fri Sep 25, 2009 7:24 pm ] |
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Rather, the business cycle reflects fluctuations in the rate of technological progress, which are amplified by the rational response of workers, who voluntarily work more when the environment is favorable and less when it’s unfavorable. Unemployment is a deliberate decision by workers to take time off. But there was something else going on: a general belief that bubbles just don’t happen. What’s striking, when you reread Greenspan’s assurances, is that they weren’t based on evidence — they were based on the a priori assertion that there simply can’t be a bubble in housing. And the finance theorists were even more adamant on this point. In a 2007 interview, Eugene Fama, the father of the efficient-market hypothesis, declared that “the word ‘bubble’ drives me nuts,†and went on to explain why we can trust the housing market: “Housing markets are less liquid, but people are very careful when they buy houses. It’s typically the biggest investment they’re going to make, so they look around very carefully and they compare prices. The bidding process is very detailed†So any out there not working has decided on there won to help the county out of this problem, and you guys who lost what I pay for on my vacations are no really out any thing and every thing is prefect.. Care to read more about the people who have been running the show since 1980 or so and still due today and their vision of how every thing works, here the link, but warning this is heavy reading about economics for the sake of economics ( and not to make money ) http://www.nytimes.com/2009/09/06/magaz ... ted=1&_r=1 just reporting it, I live in the real world and understand it does not work that way-it is not that simple |
Author: | JazzboCR [ Fri Sep 25, 2009 7:59 pm ] |
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I gotta disagree with Brother XMan00 about the unemployment thing. Work more often than not with men gives a sense of purpose and enhances self-worth. I know guys who work cyclical jobs so they can "draw" but when the season starts again, they go back to work again (and usually use the intervening time to do under-the-table stuff or work on their own houses,etc.). The Brothers here that have self-identified as unemployed (Brother Witling and a couple of others) aren't to my mind "taking time off"--they have been put on the beach. This is different from the structural unemployment rampant in, say, Michigan in that this is more an individual thing and thus more frustrating and maybe soul-corroding. The structural variety you have a shot at seeing coming and preparing for (saving up to move to where work is, retraining in place, etc.) --this was a blind-side shot--tough to prepare for that. I'd seen that Krugman piece but wondered how I was gonna work it in here. Heavy lifting but worth it--he doesn't have a Nobel Prize in Economic Writing for nothing. Good job in getting it in here, Brother XMan00. |
Author: | Witling [ Fri Sep 25, 2009 8:27 pm ] |
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Xman00 wrote: So any out there not working has decided on there won to help the county out of this problem, and you guys who lost what I pay for on my vacations are no really out any thing and every thing is prefect..
Huh? |
Author: | Vacationbound [ Fri Sep 25, 2009 8:55 pm ] |
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Folks if you think finding a job is hard now just wait 18 months from now when unemployment is up another 6-9% and the commercial mortgage market fails and the banking infrastructure gets even worse as FDIC falls/fails further into the depths of bailling out a great and greater number of failing banks. Is it Obama's fault----probably not. Is it America's fault----Pretty much. Is it also the world's fault----Pretty much. Prepare for the worst because it will be a whole lot worse than that, without a doubt. 2009 is 1929 and the Depression was not felt until 1932 which means late 2010-2012 the blow will be felt. I am sorry to report...now back to fun stuff and Smack talk |
Author: | JazzboCR [ Sat Sep 26, 2009 12:13 am ] |
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I agree with Brother V's assessment--if anything, he's optimistic. Consider: (a) there's $950Billion of Credit Card debt outstanding and as unemployment figures worsen and more folks rely on CC's to get by (even with reduced limits), that's more money and higher default rates, and thus greater risk, (b) The credit crunch for small-medium businesses hasn't eased, and more and more will fail, thus throwing the business space they occupy on a already-saturated market (we're not talking strip malls, small standalone buildings or Class C office space here--there's a ripple effect here for the professionals who service these business hollowing out big buildings)--so much for the speculative owners of those buildings and their lenders, (c) Those UI figures are a sad joke, as I've said before--multiply those numbers by 150% to get the true figures. And what will happen to them when states in budget moves empty out the prisons of non-violent offenders? And denies space to those hoping for college, thus throwing them on the job market? (in this we are not just denying THEM a better future but everybodys if that talent is lost), (d) What happens if the Administration under pressure, removes the foot from the stimulus accelerator pedal? FDR did and that's why 1937-8 were the worst years of the Depression--a recession in the middle of a Depression and only the spending of WW II got us out of it. I'm not a doom sayer--I'm a realist. You should read what the pessimists write--and cower in horror or become pitch-fork-enabled raging. |
Author: | Boynton [ Sat Sep 26, 2009 12:44 am ] |
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. |
Author: | Vacationbound [ Sat Sep 26, 2009 1:16 am ] |
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Needless to say if only people knew how really bad it really is and will become!! I hope a solution is found because at this pace the US is borrowing (Selling Financial Instruments to CHina and Japan) well over over 5 billion dollars a day, just 6 months ago it was only 3 billion a day, once these countries stop purchasing our debt there will be hell to pay. |
Author: | Xman00 [ Sat Sep 26, 2009 1:19 am ] |
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I do not agree with the unemployment or no bubble assets theory, Just letting you know how the people making the big decisions think and what has driven the economy for the last 28 years now, having been laid off before and at present getting laid off from time to time on my current job, I can assure you I never voluntary did what they claim, lay myself off, I rather work. When I first read unemployment ( crap) I was shocked that any one would ever consider that any where close to be true, but the people on top make the plans based on that idea. Sorry Witling, you are right that’s was pretty bad writing, meant on there Own to help the country this economic problem and the guys who lost there ASS ( what I buy on vacation) in the stock markets ( me included) last year as according to the non- bubble theory, we never lost a thing as every thing is priced right all time – read the article you get a lot longer and better explanation All theory’s all ignore the first TWO absolute rules First all other things must be equal and second Every person, company and country will always act in there own self best interest. I am not the boss, so things are not equal there and second he is going to lay me of before he lays himself off. So the unemployment theory of above gets blow out of the water right there. But again lets letting you know what the big guys use to make decisions and I disagree with greatly. |
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