Biggest Bank Failure in American History!

[BadMoon]

Told you this would go down hill fast. Wait till the UFO's start to fly out of the whitehouse. You will all see. CURSE THE CORN!

 

[Jen]

I understand where you are coming from and for me it was the complete opposite. Renting sucked because I was paying more than I am owning. I renew my home warranty every year so the repairs are at minimal cost, just gotta pay the deductable.
The comforts of this country as sad as it may seem is what keeps us from becoming a third world country. If everyone just bought what they needed and not what they want do you really think we would be better off? I am in no way saying it is right but without the comforts and frivolous spending there wouldn't be alot of the jobs there are today for instance no collectables, video games, ipods, movies, TV's, designer clothes, sneakers, sports... the list could go on. Think about if these things went away, how many jobs would be gone. We don't need these things to survive but think about the places that doesn't have them. What types of places are they?

No I know what you mean - it's those people that pay strictly on credit, then pay the minimum balance and keep racking up their debt that I am talking about. And as far as just buying necessities, I'm talking about now with the economic crisis the way it is. It's hard for me to justify buying comforts when I still have debt and don't know where this is all going to lead. If you make a good living and can afford to put money away and buy comforts - then good for you. You are one of the lucky. Some of us, unfortunately, don't make squat and are feeling what little we do make being drained away with increased living expenses and bills.

 

[King Darkness]

Told you this would go down hill fast. Wait till the UFO's start to fly out of the whitehouse. You will all see. CURSE THE CORN!

Hey Keith

 

[wofford29]

Teemu must write songs for Jack Johnson.

 

[BadMoon]

Hey Keith

I just thought I would take some time out of my busy schedule to post. Times are tough for me. I have been spending most of my time in Mexico trying to hunt down the ever so hard to track demon men that roam in those parts. Those little *******os are popping up everywhere.

 

[DarkArtist81]

No I know what you mean - it's those people that pay strictly on credit, then pay the minimum balance and keep racking up their debt that I am talking about. And as far as just buying necessities, I'm talking about now with the economic crisis the way it is. It's hard for me to justify buying comforts when I still have debt and don't know where this is all going to lead. If you make a good living and can afford to put money away and buy comforts - then good for you. You are one of the lucky. Some of us, unfortunately, don't make squat and are feeling what little we do make being drained away with increased living expenses and bills.

Yeah, the man on the bottom feels the squeeze the most. Our health gets thrown out the window... we have to buy the cheapest food to get by... we can't go anywhere unless it's absolutely necessary.. like work.

I can see us all sitting in dark houses with no lights eating dry ramen.

 

[ProgMatinee]

No offense to anyone, but I like my house SOOO much more than my toys. Its nothing special, but its mine and I feel proud to own it. The toys give me a happiness, but its constituted in the acquisition too much and eventually I need to buy another one to feel that way. The house, I treasure every day.

 

[King Darkness]

I just thought I would take some time out of my busy schedule to post. Times are tough for me. I have been spending most of my time in Mexico trying to hunt down the ever so hard to track demon men that roam in those parts. Those little *******os are popping up everywhere.

The Chupacabra is a creature said to inhabit parts of the Americas. It is associated particularly with Puerto Rico, where it was first reported, Mexico, and the United States, especially in the latter's Latin American communities.

YOU GET EM K-MAN!!!!!
​

 

[Mesa]

King - you know how I feel about that pic!!!


Well I am giving some serious thought to canceling my pre-orders. I do want that Samaritan though.....but that money could also be more wisely spent. Well hopefully we will find out in the next few days what our govt. is going to do. Hopefully there will be some light shining soon in this dark tunnel.

Better to invest in polystone. To put it in banks or stocks doesn't seem wise. Just make sure you have health insurance and we will ride this out. May take a few years though.

 

[King Darkness]

I am investing all money in bullets, water and caned food!

NO ONES GOONA TAKE ME ALIVE!!!!!

 

[wofford29]

I am investing all money in bullets, water and caned food!

NO ONES GOONA TAKE ME ALIVE!!!!!

Maybe they'd prefer it that way.

 

[DarkArtist81]

I am investing all money in bullets, water and caned food!

NO ONES GOONA TAKE ME ALIVE!!!!!

Hell yeah, dude... we can get the posse together and sit it out...wait for the zombies.

 

[Chimera 1]

No I know what you mean - it's those people that pay strictly on credit, then pay the minimum balance and keep racking up their debt that I am talking about. And as far as just buying necessities, I'm talking about now with the economic crisis the way it is. It's hard for me to justify buying comforts when I still have debt and don't know where this is all going to lead. If you make a good living and can afford to put money away and buy comforts - then good for you. You are one of the lucky. Some of us, unfortunately, don't make squat and are feeling what little we do make being drained away with increased living expenses and bills.

I see, now I understand what your saying. Sorry for the mixed signals. I completely agree with you and i am in the exact same place you are. For me, my paycheck is spent before I even get it. Constant check chasing. Going to the grocery store is a gamble. gone are the days 100 bucks got you stocked for a month. Now you can easily spend 250 on just enough to get you through 2 weeks. Not sure where you live Jen but here in PA we are waiting for the electric companies price cap to expire and our bills to sky rocket. Not to mention winter is coming which means home heating oil for me. Not good times at all. I can barely afford gas for the car now I have to get fuel for the house so now comforts for me, until March of 09 it will be a fight for survival for me.

 

[teemu]

I am investing all money in bullets, water and caned food!

NO ONES GOONA TAKE ME ALIVE!!!!!

now there is a smart Man!!

 

[ProgMatinee]

At the risk of politicizing the thread, what the whole sub-prime meltdown brings back is George W. Bush, talking years ago about the "ownership society" and about every American owning a little piece of it. From tiny acorns...

I don't see how thats bad in and of itself. Its certainly better to have Americans own the equity in their homes than to have Americans paying the Japanese or German investors that own properties.

 

[King Darkness]

Hell yeah, dude... we can get the posse together and sit it out...wait for the zombies.

Damn right! I am more prepared for a zombie attack than I really should be But zombies scare me more than the financial ruin of our country. Either way it goes down, zombies or crazy hungry broke americans, I am gonna need a large stock pile of food, water and ammunition to fend off the hordes. Lucky for me I live in the county on a couple acres with few neighbors. I am fortiying as we speek.

 

[ProgMatinee]

It depends on when you need to retire. I won't be retiring for another 25 years, so the lower the market goes now, the "more" my measily $300 a month 401K is buying.

 

[Jen]

Yeah, the man on the bottom feels the squeeze the most. Our health gets thrown out the window... we have to buy the cheapest food to get by... we can't go anywhere unless it's absolutely necessary.. like work.

I can see us all sitting in dark houses with no lights eating dry ramen.

I would die for sure. I hate ramen.

Better to invest in polystone. To put it in banks or stocks doesn't seem wise. Just make sure you have health insurance and we will ride this out. May take a few years though.

I was thinking more of using it to pay off more of my debt - but I'm sure I'll at least hold onto the Samaritan - That's been something I've wanted for awhile....but the rest....may have to pass on for now. And if things change, I can always try to buy them again. I always make at least double or triple payments on my credit card bills - but I just don't feel that's enough anymore. I need to be completely debt free and work better at saying no to things I don't need and really prioritizing my spending money with the few comforts that will mean the most.

 

[Jen]

I see, now I understand what your saying. Sorry for the mixed signals. I completely agree with you and i am in the exact same place you are. For me, my paycheck is spent before I even get it. Constant check chasing. Going to the grocery store is a gamble. gone are the days 100 bucks got you stocked for a month. Now you can easily spend 250 on just enough to get you through 2 weeks. Not sure where you live Jen but here in PA we are waiting for the electric companies price cap to expire and our bills to sky rocket. Not to mention winter is coming which means home heating oil for me. Not good times at all. I can barely afford gas for the car now I have to get fuel for the house so now comforts for me, until March of 09 it will be a fight for survival for me.

I live in Washington and I rent - my electric bill is a measly $7 a month - we have radiator heat that is included with our rent - but with increased prices of oil our landlord keeps raising our rent to offset the costs - so basically since last year I am now paying an extra $150 a month for heat. Food is crazy too - $100 might get you 2 bags of groceries and I haven't had a raise in years.... Fortunately, I live close to work, so I don't have to commute.

 

[ProgMatinee]

Wow. No raise in years would equal me finding better employment.