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Old 11-25-2008, 10:01 PM   #15
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Quote:
Originally Posted by Diesel1 View Post
I'm not a fisherman,but, stink bait is for suckers?
Thanks, you answered your own question
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“After all these years the reason I continue to love Thanksgiving.....I still sit at the kids table.”
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Old 11-25-2008, 10:04 PM   #16
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Like the song says.... It's only just begun..... One more good bounce and then EOW right on time, Dec 2012. Of course if financial gain isn't how you keep score on your life you may not even notice.... We are living in what will be the most dramatic times of the modern era. So far it's mostly a news story for the talking heads. When people like Paulson look scared and the new guy announces he will continue the programs in place, the only reasonable response is to fill the escape pod with ready to eats and a good water purification system.
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Old 11-25-2008, 11:09 PM   #17
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Once again...

I was going to post...

but, I'd better not.

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Old 11-26-2008, 06:00 AM   #18
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To all those who have taken this thread seriously, I apologize.

But...all my posts have been labeled correctly.

From a Bass,(small fish with a large mouth),Turd,(well.. we all know what that is)

Stream Safe.
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PFC.....

“After all these years the reason I continue to love Thanksgiving.....I still sit at the kids table.”
RLC

Sandra wanted to go to Cleveland on vacation,
but I’m the Husband, so we went to Cleveland.
RLC
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Old 11-26-2008, 06:50 AM   #19
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I think we should all take this seriously - we are in a big mess and all of us are responsible for it. As I see it Hank describes our current thinking and we all know its wrong, however, we are a generation that is spoiled rotten - we've not been through a real depression, we've not been through WW2 and we expect life to be easy - always...

Shame on us...

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Old 11-29-2008, 08:42 AM   #20
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And then there's "froth"

Thanks for the responses! It's either fish or cut bait, and I chose to fish.
Or maybe write bait... Wait, I think I have short term memory loss. Was I fishing or baiting? Or just lowering blood pressure by out-gassing?

To continue, it just makes me angry that our entire economy is based on "froth". Let me explain.

* The pundits rale on our GDP being down 1%. Yet no-one notices its still 99% strong.

* The retailers howl about Black Friday being poor. That's the traditional time retailers start to make a profit (11 months into the year or almost 93% of that year).

* Consumer confidence is down. Spending is 1-2% down. Yet there are howls of consternation from finance and retail.

My conclusions from this is that individuals and institutions have come to expect that their profitability is entirely dependent on those last few percent of "froth" on top of a stable base. The entire system has been developed on anticipated growth, and when that growth stops, the "froth" lessens and the bottom drops out of profits.

It's yet another flimm-flamm from my parents. They encouraged me to "be happy with what you have". Obviously wrong.

But there's a good side. You (and me) thought we were powerless as a class to influence the power-brokers, mega-retailers, bankers, and wall street. Noooooo.

All it took was the threat of saving a bit more, spending a bit less on credit, and putting off buying that new car a while, to bring the financial nation to its knees. Power to the People!
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