Get ready for the next Great Depression
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From: denver
Originally Posted by Silverstreak HX,Dec 14 2008, 10:26 PM
I have not worked in almost 6 months and NOBODY is hiring !
this is normally not a good time of the year for hiring.
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I'm sorry to hear about your scenario Silverstreak 
not only is it historically a bad time to be searching (companies tend to hire after the new year -- no need to hit up already strained budgets at the end of the year) but the overall economy is fuct.
not only is it historically a bad time to be searching (companies tend to hire after the new year -- no need to hit up already strained budgets at the end of the year) but the overall economy is fuct.
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From: denver
Originally Posted by S2KNFR,Dec 14 2008, 08:04 PM
but it's really the dems fault for presuring banks to soften credit and loan money to folks who really weren't qualified in the name of better housing for the huddled masses.
i cant see how it could be a Dem problemo. the first 4 W years they were minority. the second 4 years they had the slightest majority.
anyways where to go from here.
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Originally Posted by jah,Dec 15 2008, 07:28 AM
i cant see how it could be a Dem problemo. the first 4 W years they were minority. the second 4 years they had the slightest majority.
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Sorry if this sounds like a McCain ad at the very beginning and end, but the first 90+% of the video is very educational.....
http://www.youtube.com/watch?v=1RZVw3no2A4
^^^^^
BTW, I didn't vote for McCain, but I agree with what is in that video.
http://www.youtube.com/watch?v=1RZVw3no2A4
^^^^^
BTW, I didn't vote for McCain, but I agree with what is in that video.
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From: Phoenix
Originally Posted by S2KNFR,Dec 14 2008, 08:04 PM
...but it's really the dems fault for presuring banks to soften credit and loan money to folks who really weren't qualified in the name of better housing for the huddled masses...
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From: Phoenix
Originally Posted by Wildncrazy,Dec 15 2008, 06:32 AM
Because the loose credit rulings came about under the Dems watch that's how.
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^^^ CRA had good intents, but was abused (used to push sh*tty loans through so people could make money on the paper pushing aspect--e.g. shady mortgage brokers) and re-abused (made into synthetic securities) by greedy financial types.
My $0.02.
Here's some fun reading on this.... see if it doesn't piss you off.
http://www.portfolio.com/news-markets/nati...ets-Boom?page=0
I was laughing during parts of the article (good read) but by the end I wanted to head down to Wall Street with a baseball bat LOL!
My $0.02.
Here's some fun reading on this.... see if it doesn't piss you off.
http://www.portfolio.com/news-markets/nati...ets-Boom?page=0
I was laughing during parts of the article (good read) but by the end I wanted to head down to Wall Street with a baseball bat LOL!
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From: All up in your inner tubes. Whatcha gonna do sucka?
Originally Posted by S2KNFR,Dec 14 2008, 08:04 PM
Hey W is no genious, we get it, but it's really the dems fault for presuring banks to soften credit and loan money to folks who really weren't qualified in the name of better housing for the huddled masses.
And, it's the folks who overbought themselves into houses they couldn't afford too.
There is a lot of blame to go around, but Bush is not the proximate cause of this problem.
And, it's the folks who overbought themselves into houses they couldn't afford too.
There is a lot of blame to go around, but Bush is not the proximate cause of this problem.
most of these problems began when clinton was in office