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[Poll]
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Affected by economic "crisis"?
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| Yes, I have gone from "OK" to "hurting" |
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| No, life goes on as normal |
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| Slightly (explain) |
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Total Votes : 38
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(last vote on : 10/15/2008 10:18:10 PM)
(Poll will run till: -- )
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RE: Affected by economic "crisis"? - 10/12/2008 6:38:46 AM
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rlj
Posts: 2350
Joined: 4/14/2005
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quote:
My church is going ahead and building a 15 million dollar building.
Times ain't tough.
Remeber the last true reccesion of the early 70's? I do. This is nothing.
Gloom and doom and it will all go away as soon as the election is over. Please....have a little emotional control folks. When your fear controls you...in an election year....you will vote for the wrong person.
I think there is a good deal of truth in what you said especially what I highlighted. How do you reconcile that truth with the recent bailout demands? It was the administration who said without it we were doomed. It was the administration with the bipartisan leaders in congress earlier this year who said we had to have the bailout checks. In every election year I can remember I would say that the state of the economy was vastly understated except for '84 and '96 in the media. This year though it really wasn't the media that caused it or else Dubya put his finger to the wind and realized that without what amounts to almost a trillion dollars (big bailout, small bailouts, stimulus check) of government "help" we were doomed. His actions on this speak much louder than anyone's words.
_____________________________
-Roger
I could wile away the hours
Conferrin' with the flowers
Consultin' with the rain
And my head I'd be scratchin'
While my thoughts were busy hatchin'
If I only had a brain
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RE: Affected by economic "crisis"? - 10/12/2008 7:30:22 AM
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IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
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quote:
ORIGINAL: garsyt
quote:
ORIGINAL: _jjp_
quote:
ORIGINAL: LizahanaPeople are losing jobs at a much faster rate now.
Proof please, the few people that you know that lost jobs don't count.
quote:
I don't know if you're aware of this or not, but the drops in the past week have been the worst since 1933:
I don't have exact numbers - But I know GM plants in Ohio and Michigan have closed. And that means their suppliers will also suffer and ended up either closing or downsizing. I know when the GM plant near us even goes to a temporary layoff that it affects their suppliers in neighboring towns and cities causing some of them to layoff workers and sometimes stop production as well.
Indiana - where I live, has a pretty low unemployment rate when it comes to national averages and I know that it has gone up in the last 6 months of this year. If people aren't working they aren't buying, even near what they were when they were working, thus stores and manufacturers are making fewer sales.
Hubby's work place just announced a layoff a week ago of 40 people to go into affect on the 20th of this month.
Two other manufacturers in a nearby city have laid off at least this lately and two more have closed their doors for good - leaving at least 300 people that were making at least $13 an hour out of work, and sometimes both parents in a family were affected, bring a family income of $26 dollars an hour down to NOTHING really fast. Sure there's unemployment but that as we all know is not nearly enough.
And I know of very few places that are actually hiring at this time. The new Target in our area and maybe one new orthopedic manufacturer in a city about 30 miles north of us.
Blessings,
Garsy
Garsy, based on that, with all you have to be concerned about, is worrying about Obama being Muslim the most pressing thing on yuour mind? does it matter to you? or does your situation weigh on your mind?
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RE: Affected by economic "crisis"? - 10/12/2008 8:22:57 AM
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Consecrated2God
Posts: 5140
Joined: 4/4/2005
From: Formerly Jesus Land
Status: offline
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I have no doubt that people are hurting. What I doubt is that Obama is somehow going to be able to save the day. I don't know why they are all looking to him for answers. Things are not going to magically get better if Obama wins the election. Those looking to him as their savior are going to be sorely disappointed.
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Bonky
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RE: Affected by economic "crisis"? - 10/12/2008 11:04:05 AM
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relady
Posts: 1212
Joined: 4/11/2005
From: Greater St. Louis Metro
Status: offline
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quote:
What I doubt is that Obama is somehow going to be able to save the day. I don't know why they are all looking to him for answers. Things are not going to magically get better if Obama wins the election. No one is going to "save the day." I don't know one Obama supporter who actually believes that. However, I do feel that Obama will do more to at least TRY to straighten things out than McCain will. I am not looking for a savior, I'm looking for a President that will encourage policies I agree with and Obama is definitely that guy this time around.
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RE: Affected by economic "crisis"? - 10/12/2008 11:16:30 AM
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ManimalX
Posts: 1271
Joined: 10/25/2005
Status: offline
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relady: so a higher degree of government intervention in every aspect of life, higher taxes, a weakened military, wicked social policies, and the direct threat on several constitutional rights are all policies that you agree with? Because these are all things 0bama will work for.
_____________________________
"But the day of the Lord will come like a thief, and then the heavens will pass away with a roar, and the heavenly bodies will be burned up and dissolved, and the earth and the works that are done on it will be exposed." - 2nd Peter 3:10
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RE: Affected by economic "crisis"? - 10/12/2008 11:21:32 AM
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SonInMe1
Posts: 3164
Joined: 4/16/2005
From: my mom by God
Status: offline
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All I have heard for the last eight years is how bad the economy has been.
" The worst economy in 50 years"
Doom and gloom.
We have not seen hard times since the 70's...and as tough as they were, double digit inflation, high gas prices, wage and price controls, that recession was no Depression.
We have seen much worse times and when the politicians cry doom and gloom...wake up people. Theya re trying to scare you into voting for them.
Its
a
ploy
_____________________________
You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God.
James 4:4
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RE: Affected by economic "crisis"? - 10/12/2008 11:45:15 AM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: SonInMe1
All I have heard for the last eight years is how bad the economy has been.
" The worst economy in 50 years"
Doom and gloom.
We have not seen hard times since the 70's...and as tough as they were, double digit inflation, high gas prices, wage and price controls, that recession was no Depression.
We have seen much worse times and when the politicians cry doom and gloom...wake up people. Theya re trying to scare you into voting for them.
Its
a
ploy
You is employing it?
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 12:22:26 PM
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ManimalX
Posts: 1271
Joined: 10/25/2005
Status: offline
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Freddie, that doesn't make any sense. English, por favor?
_____________________________
"But the day of the Lord will come like a thief, and then the heavens will pass away with a roar, and the heavenly bodies will be burned up and dissolved, and the earth and the works that are done on it will be exposed." - 2nd Peter 3:10
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RE: Affected by economic "crisis"? - 10/12/2008 12:53:45 PM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: ManimalX
Freddie, that doesn't make any sense. English, por favor?
Who has created this "ploy"?
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 12:57:33 PM
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Consecrated2God
Posts: 5140
Joined: 4/4/2005
From: Formerly Jesus Land
Status: offline
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quote:
ORIGINAL: relady
quote:
What I doubt is that Obama is somehow going to be able to save the day. I don't know why they are all looking to him for answers. Things are not going to magically get better if Obama wins the election. No one is going to "save the day." I don't know one Obama supporter who actually believes that. However, I do feel that Obama will do more to at least TRY to straighten things out than McCain will. I am not looking for a savior, I'm looking for a President that will encourage policies I agree with and Obama is definitely that guy this time around.
In my family, when we have a financial crisis, we cut back on our spending. Obama will just keep piling more debt on things. I think his policies are disastrous.
_____________________________
Bonky
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RE: Affected by economic "crisis"? - 10/12/2008 1:10:01 PM
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rlj
Posts: 2350
Joined: 4/14/2005
Status: offline
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quote:
In my family, when we have a financial crisis, we cut back on our spending. Obama will just keep piling more debt on things. I think his policies are disastrous.
Just like Republicans. First we got the stimulus check. Then the individual bailouts like the first AIG bailout. Then the 700 billion dollar big time bailout. Now McCain has proposed another 300 billion dollar bailout.
quote:
Its
a
ploy
Then why the B A I L O U T if it is a ploy? Are you finnally agreeing with those of us who for the last 7.75 years have been saying that Bush is a big fat liar since he was the one who said we had to have this bailout or else? ; )
_____________________________
-Roger
I could wile away the hours
Conferrin' with the flowers
Consultin' with the rain
And my head I'd be scratchin'
While my thoughts were busy hatchin'
If I only had a brain
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RE: Affected by economic "crisis"? - 10/12/2008 1:11:52 PM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: Consecrated2God
In my family, when we have a financial crisis, we cut back on our spending. Obama will just keep piling more debt on things. I think his policies are disastrous.
For a family that would be a proper action, but for the government that would be disastrous. It will cause a freeze on credit which this economy relies on.
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 1:13:30 PM
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zamdad
Posts: 1749
Joined: 4/8/2005
Status: offline
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quote:
ORIGINAL: FreddieD
quote:
ORIGINAL: ManimalX
Freddie, that doesn't make any sense. English, por favor?
Who has created this "ploy"?
FreddieD
Do gooder dems who legislate social engineering and create people dependent on big government and government employees who become dependent on the dependent consumers.
_____________________________
The two hardest things to handle: failure and success.
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RE: Affected by economic "crisis"? - 10/12/2008 1:37:49 PM
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garsyt
Posts: 2210
Joined: 4/12/2005
From: the bottom of the laundry basket
Status: offline
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quote:
ORIGINAL: IMA_CHRISTIAN
quote:
ORIGINAL: garsyt
quote:
ORIGINAL: _jjp_
quote:
ORIGINAL: LizahanaPeople are losing jobs at a much faster rate now.
Proof please, the few people that you know that lost jobs don't count.
quote:
I don't know if you're aware of this or not, but the drops in the past week have been the worst since 1933:
I don't have exact numbers - But I know GM plants in Ohio and Michigan have closed. And that means their suppliers will also suffer and ended up either closing or downsizing. I know when the GM plant near us even goes to a temporary layoff that it affects their suppliers in neighboring towns and cities causing some of them to layoff workers and sometimes stop production as well.
Indiana - where I live, has a pretty low unemployment rate when it comes to national averages and I know that it has gone up in the last 6 months of this year. If people aren't working they aren't buying, even near what they were when they were working, thus stores and manufacturers are making fewer sales.
Hubby's work place just announced a layoff a week ago of 40 people to go into affect on the 20th of this month.
Two other manufacturers in a nearby city have laid off at least this lately and two more have closed their doors for good - leaving at least 300 people that were making at least $13 an hour out of work, and sometimes both parents in a family were affected, bring a family income of $26 dollars an hour down to NOTHING really fast. Sure there's unemployment but that as we all know is not nearly enough.
And I know of very few places that are actually hiring at this time. The new Target in our area and maybe one new orthopedic manufacturer in a city about 30 miles north of us.
Blessings,
Garsy
Garsy, based on that, with all you have to be concerned about, is worrying about Obama being Muslim the most pressing thing on yuour mind? does it matter to you? or does your situation weigh on your mind?
I honestly don't think it matters who gets elected at this point. They've already inherited this mess and NEITHER one of them is going to make all the "right" decisions and solve the problem completely.
I do think we need to QUIT making it more profitable for factories to send their operations overseas. I'm for giving incentives to companies that keep jobs in the USA. One company closed here and shipped their business to China - simply because it was cheaper for them to operate in China. Didn't do a BIT of good for those factory workers who lost their jobs.
AS for what's most pressing on my mind - With Christmas coming - what are these people going to do? What will we do if hubby's company decides another layoff is needed to stay profitable? hubby won't miss the next one. What if natural gas prices sky-rocket and we are unable to keep our heat on this winter? What if our school district decides to cut our schools budget even more increasing class-sizes, getting rid of teachers and possibly cutting bussing?
Neither one of the candidates has my full backing right now. And neither one will likely EVER have my full backing. Regardless of who's elected - they are likely to make some bad decisions as far as I'm concerned and in the long run I think both will make some incredibly stupid mistakes and try to pass the blame off on someone else.
Another thing - I'm much like my mother and my grandmother. I tend to pray fervently right before I enter the polling place. I pray that God guides my hand and my choices regardless of political affiliation. Then I take a vow of silence over the matter. I tell no one who I voted for. Not my husband, my kids, my best friend or even my mom.
That said -
Blessings,
Garsy
_____________________________
My Blog: www.moredayslikethisplease.wordpress.com
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RE: Affected by economic "crisis"? - 10/12/2008 1:57:49 PM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: Consecrated2God
Cutting back on spending would cause a freeze on credit?  That doesn't make sense.
That's what credit is used for, to spend. Do you have another reason for credit?
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 2:03:07 PM
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zamdad
Posts: 1749
Joined: 4/8/2005
Status: offline
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quote:
ORIGINAL: FreddieD
quote:
ORIGINAL: Consecrated2God
Cutting back on spending would cause a freeze on credit? That doesn't make sense.
That's what credit is used for, to spend. Do you have another reason for credit?
FreddieD
Freddie, I think what she was getting at is that families can't survive if they spend more than they take in. Credit is necessary in our economy for business and for purchasing power. But, the government is over extended. The only solution to the problem, at this point, is to cut spending.
_____________________________
The two hardest things to handle: failure and success.
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RE: Affected by economic "crisis"? - 10/12/2008 2:38:56 PM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: zamdad
Freddie, I think what she was getting at is that families can't survive if they spend more than they take in. Credit is necessary in our economy for business and for purchasing power. But, the government is over extended. The only solution to the problem, at this point, is to cut spending.
zamdad,
The government can't stop spending. That would lead the world into another depression.
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 2:45:08 PM
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zamdad
Posts: 1749
Joined: 4/8/2005
Status: offline
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quote:
ORIGINAL: FreddieD
quote:
ORIGINAL: zamdad
Freddie, I think what she was getting at is that families can't survive if they spend more than they take in. Credit is necessary in our economy for business and for purchasing power. But, the government is over extended. The only solution to the problem, at this point, is to cut spending.
zamdad,
The government can't stop spending. That would lead the world into another depression.
FreddieD
Freddie, is everything black and white to you? Is your bipolar medication off today? I did not say stop spending. I said cut spending.
_____________________________
The two hardest things to handle: failure and success.
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RE: Affected by economic "crisis"? - 10/12/2008 2:53:24 PM
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FreddieD
Posts: 299
Joined: 7/23/2008
Status: offline
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quote:
ORIGINAL: zamdad
Freddie, is everything black and white to you? Is your bipolar medication off today? I did not say stop spending. I said cut spending.
Well, I am saying they must increase spending/investment by through public works.
FreddieD
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RE: Affected by economic "crisis"? - 10/12/2008 2:58:52 PM
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zamdad
Posts: 1749
Joined: 4/8/2005
Status: offline
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quote:
ORIGINAL: FreddieD
quote:
ORIGINAL: zamdad
Freddie, is everything black and white to you? Is your bipolar medication off today? I did not say stop spending. I said cut spending.
Well, I am saying they must increase spending/investment by through public works.
FreddieD
What does that mean? What are the functions of government, Freddie?
_____________________________
The two hardest things to handle: failure and success.
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RE: Affected by economic "crisis"? - 10/12/2008 3:10:34 PM
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rhippie
Posts: 558
Joined: 4/13/2005
From: Rich The Hippie
Status: offline
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quote:
ORIGINAL: Lizahana
quote:
ORIGINAL: _jjp_
quote:
ORIGINAL: LizahanaPeople are losing jobs at a much faster rate now.
Proof please, the few people that you know that lost jobs don't count.
quote:
I don't know if you're aware of this or not, but the drops in the past week have been the worst since 1933:
And? I have already aditted that if you are about to retire this could be a bad thing but if you are about to retire you should have already moved your money to less risky investments. I stated earlier that for those who wanted to retire this is damaging to them.
quote:
Do you know what this means? Job losses like we are seeing and I bet there are more to come. But, nice try, sugar coating everything!
Peace and God bless,
Once again back those statements.
1) "U.S. unemployment rate hits 6.1%, highest level in five years
Employers slashed 84,000 jobs in August, steeper cuts than analysts expected.
By Maura Reynolds, Los Angeles Times Staff Writer
September 6, 2008
WASHINGTON -- The economy shoved its way to the front of the presidential campaign once again, as the nation's jobless rate shot to a five-year high -- escalating fears that the country is spiraling into a full recession.
The unexpected jump in unemployment -- from 5.7% in July to 6.1% in August -- provided prime fodder for both presidential nominees as the fall campaign season kicked into high gear. But with a Republican now in the White House, analysts said the news would give Democrat Barack Obama an edge over Republican John McCain. ..."
http://www.latimes.com/business/la-fi-economy6-2008sep06,0,3438869.story?track=rss
OH MY CHICKEN LITTLE!!! THE SKY REALLY IS FALLING!!! Get back to me when the rate is at its highest in 30 years not a mere 5 years! A 5 year high could be nothing more than an anomoly; it certainly doesn't signify anything earth shattering!
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ORIGINAL: Lizahana
This does not even include the period where people I know experienced layoffs - they will be in the next 'job loss' report. My husband, though he survived the 2 previous layoffs this last month that laid off 10 people, is going to start looking for another job. He has worked for the same business for over 10 years, and has never seen it so slow. Where I work, they have never had layoffs until this year, and they laid off 4 people.
Let's see....all these layoffs must be devastating in your part of the country!! I mean after all there are 14 more people out of work out of _____ (how many people do you know?)
Between my clinet list (just under 600) and all of the church folks I know and my friends I must know close to 1000 people that I interact with on a regular basis. Guess what? only 2 of them have lost their job in the past 18months!!! It's a regional problem not a national problem!
quote:
ORIGINAL: Lizahana
And again - the banks are not lending very much anymore - this is going to add to the burden, especially in small businesses, who sometimes need the short-term just to pay payrolls.
It has been my experience that if a small business (approx 90% of all businesses classify as such) is experiencing cash flow difficulties of this nature it is due to either poor planning or no planning. If you need to borrow money to pay your current operating expenses then you should close your doors and find another line of work!
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ORIGINAL: Lizahana
2) And as far as the Dow drop - again, it's the largest since the depression; and it was the worst weel ever since the stock exchange - as clearly stated from Bloomberg link I posted.
So what? As long ago as two years there were analysts saying that the market was overvalued and due for a correction. It just took longer than expected.
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ORIGINAL: Lizahana
Many people see this as bad news - if you don't, well, all I can say is ignorance is bliss.
Peace and God bless,
Well thanks for the insult concerning my ignorance but as for me....I choose to trust in God to take care of me even in bad financial times and not in George ($1) Tom ($5) or Ben ($50) so if you are so scared about what's going on I would suggest that you check your priorities
_____________________________
Stand up for what's right....even if you're standing alone
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RE: Affected by economic "crisis"? - 10/12/2008 3:19:37 PM
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rhippie
Posts: 558
Joined: 4/13/2005
From: Rich The Hippie
Status: offline
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quote:
ORIGINAL: rlj
Then why the B A I L O U T if it is a ploy? Are you finnally agreeing with those of us who for the last 7.75 years have been saying that Bush is a big fat liar since he was the one who said we had to have this bailout or else? ; )
Jus tfor the record it wasn't just Bush but a lot of the R's and D's in Congress including Pelosi and Reed
_____________________________
Stand up for what's right....even if you're standing alone
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RE: Affected by economic "crisis"? - 10/12/2008 3:21:41 PM
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rhippie
Posts: 558
Joined: 4/13/2005
From: Rich The Hippie
Status: offline
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quote:
ORIGINAL: FreddieD
quote:
ORIGINAL: Consecrated2God
In my family, when we have a financial crisis, we cut back on our spending. Obama will just keep piling more debt on things. I think his policies are disastrous.
For a family that would be a proper action, but for the government that would be disastrous. It will cause a freeze on credit which this economy relies on.
FreddieD
So the only way out of the problem is to spend more money????? That nakes about as much sense as putting a screen door on a submarine hatch!! If we don't rein in the spending the deficit (which you love to blame on Bush) will continue to balloon out of control!
_____________________________
Stand up for what's right....even if you're standing alone
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RE: Affected by economic "crisis"? - 10/12/2008 3:23:51 PM
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LivingParadox
Posts: 926
Joined: 2/28/2007
Status: offline
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quote:
ORIGINAL: rhippie
quote:
ORIGINAL: rlj
Then why the B A I L O U T if it is a ploy? Are you finnally agreeing with those of us who for the last 7.75 years have been saying that Bush is a big fat liar since he was the one who said we had to have this bailout or else? ; )
Jus tfor the record it wasn't just Bush but a lot of the R's and D's in Congress including Pelosi and Reed
Let's not forget Frank and Dodd who are actually the banking committee leadership.
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