Recession: Beginning of the end or just the beginning?

re: Recession: Beginning of the end or just the beginning?

Jesus Saves, But Moses Invests ! — Sat, 04 Apr 2009 07:52:19 GMT

As long as we all have a roof over our heads, food in our bellys & clothes on our backs, - lifes good. The key to happiness today is getting joy out of the small things & keeping fit and mentally sharp and spiritually well, as well as keeping on top with your relationships & trusting in GOD Because the best things in life our free

re: Recession: Beginning of the end or just the beginning?

Sean — Mon, 15 Dec 2008 06:27:29 GMT

Are these the same experts that are telling us that Gas prices were not going to fall and we would be lucky if we were to see $2 gas ever again?

re: Recession: Beginning of the end or just the beginning?

SEEYES22@YAHOO.COM — Fri, 12 Dec 2008 17:54:14 GMT

OF COURSE, IT IS JUST THE BEGINNING. CROOKS HAVE HAD CONTROL OF THIS COUNTRY TOO LONG AND NOW WE ARE GOING TO PAY AND PAY FOR IT. I CAME OUT OF THE GREAT DEPRESSION AND THIS IS GOING TO BE ANOTHER HARD RIDE. GROCERIES ARE ALMOST OUT OF REACH, HOMES ARE BEING LOST. WHO CARES? NEWS FLASH! NADA. DO YOU THINK YOUR SENATOR CARES. HE IS MAKE A GOOD SALARY FOR DOING VERY LITTLE. DO YOU THINK YOUR CONGRESSMAN CARES? NO, HE/SHE IS MAKING A BIG SALARY FOR LITTLE WORK. SO WHO CARES ABOUT YOU AND YOUR FAMILY???YOU DO! BUSH GAVE US AWAY TO OTHER COUNTRIES. IF YOU VOTED FOR HIM YOU SHOULD BE MADE TO PAY MORE THAN THE ONES WHO DID NOT. WISH I COULD SAY IT WOULD GET BETTER. IT IS NOT. IT IS NOT "BAD" YET..JUST WAIT..NEXT SUMMER..THAT IS WHEN IT WILL START COMING DOWN. RIOTS, MARCHES, ROBBERIES, SUICIDES, HOMELESSNESS..ALL WILL TRIPLE..

re: Recession: Beginning of the end or just the beginning?

DaboSweeny — Fri, 12 Dec 2008 02:22:39 GMT

OK people here is the bottom line. I think if you sit back and think about what I'm about to say that this will truely hit home to alot of people if not all people. This country is too full of educated people that really can't do much of anything. Let me explain. In the south we have everyone in an uproar because of immigrants. Well to the people complaining here is the hard facts. It is almost impossible to find a true blooded american to do the type of work immigrants do, why because we are above manual labor. We are too good to actually work for a living. How many college educated people are there out there looking for work. I will tell you over 56% in the past four years. Why is this, because this country is full of people that are too good to work, excuse me, professionals. Untill this nation pulls together and stops trying to ovoid actual work like it is the plague then we will continue to watch this massive transfer of wealth. Why is it china is the wealthiest nation, because they actually make stuff there and sell it to our stupid nation. Lets quit giving out handouts and get off our deadasses and do some real work for a change. We are no longer the best, we are no longer the strongest, we are no longer wealthiest, we need to quit kidding ourselves, live within our means and stop pretending. IF NOT God have mercy on all of us.

re: Recession: Beginning of the end or just the beginning?

George King — Thu, 11 Dec 2008 01:45:52 GMT

Beginning of the End. Foks, hope you have an acre of land to plant and feed your animals off of. Small farms and people with a lil land that can turn them into small farms will survive. WILL YOU?

re: Recession: Beginning of the end or just the beginning?

beekay — Wed, 10 Dec 2008 23:30:16 GMT

dm92,

If you're going to make choices on who to layoff based on their political preferences you are the biggest idiot on this board and a cause of this problem as your partisan politics is the cause of a locked-up, impotent house and congress. Congratulations, jerk!

re: Recession: Beginning of the end or just the beginning?

Captainsquest — Wed, 10 Dec 2008 14:49:44 GMT

I get tired of the finger pointing. When you point your finger three of them point to you. Every individual living on credit is to blame. When you buy a home for three times your income with 5% down don't be surprised when you can't afford the payments when life hits. Yes there are the truly poor but they are not ususally the ones living on credit because no one will give them credit. If we have to live within our means is it too much to ask our government to live within its means. The last time the Democrats were in office there was a balanced bucget and a surplus. That won't happen this time because of the mess that will have to be cleaned up after too many years of a Republican controlled congress. I like that at least right now no party has a filibuster proof control. Too much control with one group tends to inflate the budget and doesn't give the public time to respond to costly issues. I am watching with interest the final steps of the Bush presidency to see what steps they will undertake to hamstring the next president's chances of succeeding in rescuing our economy. Things like inadequate oversight on bail out funds and disbursing all the funds before Obama takes office will make success difficult.

re: Recession: Beginning of the end or just the beginning?

Todd Charske — Wed, 10 Dec 2008 13:07:58 GMT

I hope their right, I think that US no longer "makes" anything the world wealth will shift ti china India etc. Hate to say it but it's true

- Todd Charske

re: Recession: Beginning of the end or just the beginning?

Amos — Wed, 10 Dec 2008 11:04:16 GMT

My pension is in fairly secure, diversified managed funds. I automatically contribute 11% as required by my employment contract, though there is no employer matching contribution. I am fully vested from my date of employment at age 42. I have only small Social Security benefits but good health insurance (no dental or eye glass coverage). I work in the human services field and am considered self-employed for purposes of Social Security, paying both sides for taxes out of my cash salary (that comes to about a 30% contribution to Social Security and IRS).

I have aggressively invested that 11% in stock based funds, both domestic and international. Two years ago the wisest strategy was to go heavy in emerging international market funds. I shifted all my new investments in that direction, keeping what I already had in mixed funds, with mostly quite conservative risk exposure.

It is hard to watch as the tumble in value has stripped about 40% from my bottom line. Still, with the funds better managed than I could hope to on my own my best strategy is to continue and dollar-cost average, trusting the eventual comeback will return value by the time I retire in 10-13 years.

My cash income is in the low $30,000 range, plus the cost of my pensions and health insurance, minus the taxes. I am planning on no change in my income when I retire at 65. The one variable is whether my health and my wife's health holds out so I can continue till then.

I am a pastor.

re: Recession: Beginning of the end or just the beginning?

Mark - Las Vegas — Wed, 10 Dec 2008 06:52:12 GMT

Is soooooooo much easier to blame it on someone else than on ourselves. America, the land of opportunity, of greed, of instant gratification. So what all the GWB bashers would like us to believe is that is was horrible through 03-05 when EVERYONE got greedy. Home prices artifically inflated, our ability to explore and use resources (energy) generated by Americans, for Americans, expecting America to come to the aid of every poor, overpopulated county. Tens of millions of illegal immingrants dragging our system down. Wake up and smell the roses people, WE THE PEOPLE created this mess. Baby Boomers and the X Generation created the greed and excesses, wanting a quick fix and a quick buck regardless of the consequences.