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10-10-2008, 08:11 AM
| #26 | ||||
| Electric head  elroypornlab is Offline Join Date: Nov 2005 Location: Zombie hooker
Posts: 9,053
MIIDAJ? Scrill: 1,455
    | Re: It's the Economy Stupid... We should change our national flag to that until the market fixes itself | ||||
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10-10-2008, 08:29 AM
| #29 | ||||
| Shammin it up simply  TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... Originally Posted by elroypornlab
Yep.
Originally Posted by The_Egg
I've read a couple of interesting articles that basically said that during times of economic hardship people begin to dress and act more conservatively. During the Roaring 20's many didn't really consider consequences and there was more than enough jobs for everyone. But after the stock market collapse in 1929 (thanks Hoover!) things changed. Woman stop wearing short skirts and revealing clothing. Men began wearing suites and ties more often. The reason for this is as more economic hardship comes about the more competition there is for jobs, and appearance plays a big role in who someone hires. Big account executives don't want to hire greasy lookin' hippies to manage their accounts. So people must adapt to the changing times. I think it's gonna eventually lead to a shift in society becoming more conscious of their actions and appearance. Just wait till the massive layoffs begin... there will be a lot less long haired freaky peoples.
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10-10-2008, 08:36 AM
| #30 | ||||
| MIIDAJ Chaplain  Slutter McGee is Offline Join Date: Nov 2005 Location: Lubbock, Texas
Posts: 2,329
MIIDAJ? Scrill: 2,505,740
  | Re: It's the Economy Stupid... I brought up the prospect of inflation earlier today in my history class. This fat idiot girl told me I was a moron because we are currently in a deflationary period. I just stared at her for a few seconds before reminding her that when you put vast amounts of money into the marketplace, eventually you have inflation, and if the dollar drops along with that, then you have hyper inflation. Goddamn Obama lover. Sincerely, Slutter McGee | ||||
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10-10-2008, 08:46 AM
| #31 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... Originally Posted by Slutter McGee
I was debating with one of my Finance classmates on Wednesday. I brought up the same fact that the dollar is going to eventually crash causing hyper inflation and said that the bail out and lowering the interest rate was going to bring about just that. The guy was going on saying "but we can't just do nothing!". I said, right. But what we are doing now is not helping anyone. The professor used an analogy I didn't really want to use, but decided to anyways. He said that the markets are "constipated" and it needs medicine. When I asked what the medicine was he had said more intervention and that this bail out bill and lower interest rates was the medicine. I then made the relation to how that's not the medicine and made the analogy that if Cheese got us constipated in the first place, and that cheese is easy and cheap credit, how is eating more cheese going to help out our body (the market) in easing "constipation" (frozen markets). Then I said we need to let the body digest the cheese. Also said it's probably going to be uncomfortable for a while until it passes through, but that if we continue to shove cheese down our throats our insides are gonna eventually explode. He didn't like that and just kept saying "its gotta work and if not then we are in deep trouble!" Goddamn McCain lover.
Last edited by TheBagman; 10-10-2008 at 08:48 AM. | ||||
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10-10-2008, 09:01 AM
| #32 | ||||
| being happy is still in style  The_Egg is Offline Join Date: Mar 2007 Location: Your Typical City Involved in a Typical Daydream...
Posts: 14,839
MIIDAJ? Scrill: 214,049
| Re: It's the Economy Stupid... | ||||
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10-10-2008, 09:15 AM
| #33 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... Cool tune. I gave it 5 stars, added to favorites, and commented. | ||||
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10-10-2008, 09:16 AM
| #34 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-10-2008, 09:24 AM
| #35 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... GM, Ford, and Chrysler teetering on the edge of Chapter 11 Bankruptcy. Bloomberg.com: Worldwide National City Bank to fail next? Bank-Implode! » National City Next? Prudential could be heading to the way side. Prudential Financial dives as economic woes spread - BusinessWeek | ||||
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10-10-2008, 09:33 AM
| #36 | ||||
| being happy is still in style The_Egg is Offline Join Date: Mar 2007 Location: Your Typical City Involved in a Typical Daydream...
Posts: 14,839
MIIDAJ? Scrill: 214,049
| Re: It's the Economy Stupid... I'm going to become a hermit living in a rusty van down by the river. Glad I have been reading Survival guides since I was a kid. | ||||
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10-10-2008, 10:00 AM
| #37 | ||||
| What's the Splatter?  AnnonUSA is Offline Join Date: Nov 2005 Location: USA
Posts: 18,603
MIIDAJ? Scrill: 24,570,937
| Re: It's the Economy Stupid... I thought the automakers just got 25 Billion from Uncle Sam? That too, seemed to work out fine huh? | ||||
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10-10-2008, 01:08 PM
| #38 | ||||
| MIIDAJ Chaplain Slutter McGee is Offline Join Date: Nov 2005 Location: Lubbock, Texas
Posts: 2,329
MIIDAJ? Scrill: 2,505,740
| Re: It's the Economy Stupid... Well, main street hasn't really felt much of this yet. Business at work has slowed down some. but thats about the only visible thing I have seen so far Guess we just have to wait and see. Sincerely, Slutter McGee | ||||
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10-10-2008, 01:13 PM
| #39 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid...  | ||||
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10-10-2008, 03:26 PM
| #41 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... Interestingly enough, BUD (Anheuser-Busch Co.) has gained 30% over the last six months while the DJIA has lost 30% over the same time period...  | ||||
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10-10-2008, 03:55 PM
| #42 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-11-2008, 06:26 AM
| #43 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-11-2008, 06:40 AM
| #44 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-11-2008, 08:04 AM
| #45 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-11-2008, 09:24 AM
| #46 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-11-2008, 02:36 PM
| #47 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-12-2008, 09:24 AM
| #48 | ||||
| Shammin it up simply TheBagman is Offline Join Date: Apr 2005 Location: Rome
Posts: 28,828
MIIDAJ? Scrill: 2,487,743,781,032
| Re: It's the Economy Stupid... | ||||
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10-13-2008, 09:24 AM
| #49 | ||||
| MIIDAJ Chaplain Slutter McGee is Offline Join Date: Nov 2005 Location: Lubbock, Texas
Posts: 2,329
MIIDAJ? Scrill: 2,505,740
| Re: It's the Economy Stupid... Stockmarket is rebounding. Figured this would happen. Might continue like this if the bailout works in the short term. Lets see how long it takes before inflation gets out of control. Sincerely, Slutter McGee | ||||
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10-13-2008, 10:34 AM
| #50 | ||||
| What's the Splatter? AnnonUSA is Offline Join Date: Nov 2005 Location: USA
Posts: 18,603
MIIDAJ? Scrill: 24,570,937
| Re: It's the Economy Stupid... A one or two day upswing in the market is not going to change anything. The people that got burned the most look forward to these "up" days as a way to short term some profit and try to recoup losses. A few days of "up" will be negated within a week by a "large" down.... | ||||
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