How bad will it get?

Indifference

yahamita wrote:

WE WE , Chiqui! I agree with you sister! However, after researching moving to Canada when shit hits the fan, you have to prove that you were unable to get a job in your own country before they will hire you. Its a huge ordeal. Good to see there are some folks out there not acting like herded cattle following the masses, who can actually see this coming and plan ahead. Im tired of people asking me what I'm smokin, is there another conspiracy theory developing in my head..HELL NO! I'm smoking the good green until I can no longer afford it in this economy. Wake up people, America is about to get their CHANGE!!! But wait...I have another idea,,why doesn't the Gov't give ea American a million dollars?!?!?! That way the economy is stimulated, and it's a hell of a lot cheaper than any bailout!

Because a million dollars to each us citzen is about 300 Trillion dollars.

Doom and gloom isn't the way to go- I'll be tossing more back into the market very soon.

azwyldcats

And Little Green Men Are Going To Impregnate Our Women...

Flannel Shirt

Indifference wrote:

Because a million dollars to each us citzen is about 300 Trillion dollars.

Doom and gloom isn't the way to go- I'll be tossing more back into the market very soon.

if the govt gave every american a million dollars, a base model Hyunai Accent would cost $75,000, every home would cost more than million, a 27" flat screen TV would cost $40,000. a loaf of bread would be 40 bucks, a pack of gum would be 20 dollars, etc...

my plan is different.

yahamita

Flannel Shirt wrote:

if the govt gave every american a million dollars, a base model Hyunai Accent would cost $75,000, every home would cost more than million, a 27" flat screen TV would cost $40,000. a loaf of bread would be 40 bucks, a pack of gum would be 20 dollars, etc...

my plan is different.

You are absolutely right! Do tell your plan! I need some intelligent guidance for my future.

Spartanacus

Yahamita...I second smoking the good green. In fact, I firmly believe that is the solution to a lot of society's problems, and no, this is not some 'stoner' talking...I haven't smoked in months unfortunately.

If we decriminlize cannabis, allow people to grow their own supply and smoke it freely in their homes, and start harvesting hemp, the world will be on the road to recovery...

a) It will free up the judicial system a bit so police can concentrate more on protecting us from the thieves, violent criminals, and those selling dangerous street drugs to those under 18 (the new legal smoking and drinking age). Besides the immediate financial benefits, the world will also be a much safer place.

b) We can self medicate more, instead of relying on Dr. Joe and his pill popping prescriptions (some of which are placebos anyways). Of course, alcohol/Rx/hard drug related fatalities will decrease exponentially.

c) Most importantly, since the 'drug' stigma will be lifted, lawmakers will finally be able to convince themselves that hemp can be grown to fuel the Earth (it would take 6% of the US's land mass to grow enough for us to get off foreign oil). Along with providing fuel, we could replace the very damaging cotton crops with hemp to help make our clothes and our paper products...which will also save millions of trees. Last note...the seeds and oil derived from then can contribute to a healthy diet for our livestock and for ourselves!

a + b + c = Nirvana on Earth

*** And I didn't even plan for this to be the topic of my 420th post! ***

Drowned Out

Spartanacus wrote:

Yahamita...I second smoking the good green. In fact, I firmly believe that is the solution to a lot of society's problems, and no, this is not some 'stoner' talking...I haven't smoked in months unfortunately.

If we decriminlize cannabis, allow people to grow their own supply and smoke it freely in their homes, and start harvesting hemp, the world will be on the road to recovery...

a) It will free up the judicial system a bit so police can concentrate more on protecting us from the thieves, violent criminals, and those selling dangerous street drugs to those under 18 (the new legal smoking and drinking age). Besides the immediate financial benefits, the world will also be a much safer place.

b) We can self medicate more, instead of relying on Dr. Joe and his pill popping prescriptions (some of which are placebos anyways). Of course, alcohol/Rx/hard drug related fatalities will decrease exponentially.

c) Most importantly, since the 'drug' stigma will be lifted, lawmakers will finally be able to convince themselves that hemp can be grown to fuel the Earth (it would take 6% of the US's land mass to grow enough for us to get off foreign oil). Along with providing fuel, we could replace the very damaging cotton crops with hemp to help make our clothes and our paper products...which will also save millions of trees. Last note...the seeds and oil derived from then can contribute to a healthy diet for our livestock and for ourselves!

a + b + c = Nirvana on Earth

*** And I didn't even plan for this to be the topic of my 420th post! ***

nice 420th post

edit: holy.....didn't see the last line of your post when I replied. I swear I thought I noticed without help. ya ya, I know....smoke another :rolleyes:

yahamita

Spartanacus wrote:

Yahamita...I second smoking the good green. In fact, I firmly believe that is the solution to a lot of society's problems, and no, this is not some 'stoner' talking...I haven't smoked in months unfortunately.

If we decriminlize cannabis, allow people to grow their own supply and smoke it freely in their homes, and start harvesting hemp, the world will be on the road to recovery...

a) It will free up the judicial system a bit so police can concentrate more on protecting us from the thieves, violent criminals, and those selling dangerous street drugs to those under 18 (the new legal smoking and drinking age). Besides the immediate financial benefits, the world will also be a much safer place.

b) We can self medicate more, instead of relying on Dr. Joe and his pill popping prescriptions (some of which are placebos anyways). Of course, alcohol/Rx/hard drug related fatalities will decrease exponentially.

c) Most importantly, since the 'drug' stigma will be lifted, lawmakers will finally be able to convince themselves that hemp can be grown to fuel the Earth (it would take 6% of the US's land mass to grow enough for us to get off foreign oil). Along with providing fuel, we could replace the very damaging cotton crops with hemp to help make our clothes and our paper products...which will also save millions of trees. Last note...the seeds and oil derived from then can contribute to a healthy diet for our livestock and for ourselves!

a + b + c = Nirvana on Earth

*** And I didn't even plan for this to be the topic of my 420th post! ***

Aaaahhhhh...the enlightened one! Thanks for sharing your intelligent thoughts! Happy 420!

Flannel Shirt

yahamita wrote:

You are absolutely right! Do tell your plan! I need some intelligent guidance for my future.

I am no economist, and I dont pretend to be intelligent, but I think this will work.

goverment backed debt CONSOLIDATION loans/programs/whatever you want to call them. EVERYONE QUALIFIES. Bailout the people. in doing so, you bailout the banks as well.

i am asked when I bring this up "what happens to the people who already went bankrupt"....answer... those who recently filed for bankruptcy could have it reversed.

friends ask me what happens when people dont pay these loans. answer, garnish their wages. its the fucking government and I am pretty confident they will get their money. besides, this would be a second chance for millions, so if a few hundo thousand fuck it up and get into this predicament again, shame on them and they suffer the consequences. i would also favor a policy or stipulation to the loan that you cannot exceed a certain debt to income ratio thought up by someone much smarter than i during the loan.

yahamita

Flannel Shirt wrote:

I am no economist, and I dont pretend to be intelligent, but I think this will work.

goverment backed debt CONSOLIDATION loans/programs/whatever you want to call them. EVERYONE QUALIFIES. Bailout the people. in doing so, you bailout the banks as well.

i am asked when I bring this up "what happens to the people who already went bankrupt"....answer... those who recently filed for bankruptcy could have it reversed.

friends ask me what happens when people dont pay these loans. answer, garnish their wages. its the fucking government and I am pretty confident they will get their money. besides, this would be a second chance for millions, so if a few hundo thousand fuck it up and get into this predicament again, shame on them and they suffer the consequences. i would also favor a policy or stipulation to the loan that you cannot exceed a certain debt to income ratio thought up by someone much smarter than i during the loan.

The sad part is, the gov't would never go for this. They need things to fail so they can add new laws and set the stage for marshall law. Brilliant idea by the way!

stickfig13

I'm locked and loaded! Human spirit my ass!!

Bring it on mother fuckers!

sponger

yahamita wrote:

The sad part is, the gov't would never go for this. They need things to fail so they can add new laws and set the stage for marshall law. Brilliant idea by the way!

Marshall law? Does that require peope to go shopping at bargain department stores? I think you might be referring to martial law.

sponger

Flannel Shirt wrote:

goverment backed debt CONSOLIDATION loans/programs/whatever you want to call them. EVERYONE QUALIFIES. Bailout the people. in doing so, you bailout the banks as well.
much smarter than i during the loan.

I think that's a great idea. However, my problem is with how a lot of these people who bought houses beyond their means ended up renting them out and charging skyrocketing rental rates to pay the mortgages.

Over the last several years, renters got squeezed by all the greediness.

In other words, these people who bought these homes are a bunch of sick greedy fucks who deserve to lose those homes, get thrown out on the street, and suffer from malnutrition for at least several months.

Then they'll know why it's wrong to disregard morals and common sense for the sake of being able to tell people that they own a home.

If the government institutes some kind of rent control so that greedy homeowners can't take advantage of people, then I'm all for bailing them out.

Meanwhile, I'd rather see them all thrown out on the street so that the market deflates back to where it used to be. In fact, that is happening as we speak.

Drowned Out

sponger wrote:

I think that's a great idea. However, my problem is with how a lot of these people who bought houses beyond their means ended up renting them out and charging skyrocketing rental rates to pay the mortgages.

Over the last several years, renters got squeezed by all the greediness.

In other words, these people who bought these homes are a bunch of sick greedy fucks who deserve to lose those homes, get thrown out on the street, and suffer from malnutrition for at least several months.

Then they'll know why it's wrong to disregard morals and common sense for the sake of being able to tell people that they own a home.

If the government institutes some kind of rent control so that greedy homeowners can't take advantage of people, then I'm all for bailing them out.

Meanwhile, I'd rather see them all thrown out on the street so that the market deflates back to where it used to be. In fact, that is happening as we speak.

That's a pretty rigid position to take...I don't think it's fair to begrudge people for investing in real estate. It is as legit an investment as anything else.

The banks caused a run on real estate by making it easier to get a mortgage...most of the 'greedy fucks' you are talking about were normal middle class people with some money to invest, looking for a good return. They saw the real estate reports, watched Flip This House too many times, and didn't have the foresight to see that many markets were overheated and unsustainable...
sure most forms of investment are gambles and you need to be aware of the risk...but in this case, the dealers are changing the rules as they go...since they had the keys to the vault, they are just as responsible as the uninformed....wishing malnutrition and homelessness on people for getting caught up in a trend is a bit much.
Do you speak of the dot com losers with such venom?

RolandTD20Kdrummer

sponger wrote:

Marshall law? Does that require peope to go shopping at bargain department stores? I think you might be referring to martial law.

no no ...it's real http://en.wikipedia.org/wiki/Marshall_Law

in fact I like this version muuuch better

sponger

Drowned Out wrote:

That's a pretty rigid position to take...I don't think it's fair to begrudge people for investing in real estate. It is as legit an investment as anything else.

The banks caused a run on real estate by making it easier to get a mortgage...most of the 'greedy fucks' you are talking about were normal middle class people with some money to invest, looking for a good return. They saw the real estate reports, watched Flip This House too many times, and didn't have the foresight to see that many markets were overheated and unsustainable...
sure most forms of investment are gambles and you need to be aware of the risk...but in this case, the dealers are changing the rules as they go...since they had the keys to the vault, they are just as responsible as the uninformed....wishing malnutrition and homelessness on people for getting caught up in a trend is a bit much.
Do you speak of the dot com losers with such venom?

Of course you conveniently leave out the part where many of these 'normal middle class people' purposely ran up rents, leaving millions of families to feed their children with less money because shows like "flip this house" are so persuasive.

Is it any coincidence that you left that part of the story out of your giant euphemism? I don't think it is a coincidence. You know just as well I that such actions are inexcusable greed, and warrant no comparison to the dot com investors.

DriftingByTheStorm

sponger wrote:

Of course you conveniently leave out the part where many of these 'normal middle class people' purposely ran up rents, leaving millions of families to feed their children with less money because shows like "flip this house" are so persuasive.

Is it any coincidence that you left that part of the story out of your giant euphemism? I don't think it is a coincidence. You know just as well I that such actions are inexcusable greed, and warrant no comparison to the dot com investors.

With all due respect,
i don't think someone trying to flip a house is "purposely" running up rents!
They are TRYING TO MAKE A PROFIT,
SAME AS ANYONE ELSE IN THIS DAMN WORLD.

The only implicit blame i see here is with banks that set up this system for their own benefit and bail out. They knew EXACTLY what could happen, and they didn't give a fuck if it did, because they knew they designed the system SPECIFICALY to BAIL THEM OUT.

It was THEIR system which provided excess liquidity to begin with ... it was THEIR men (the Federal Reserve) which implemented the rates which begot massive inflation and malinvestment in real estate, and further, it was THEIR OWN GODDAMN UNDERWRITING DEPARTMENTS that lent out all the money to "bad loans".

I don't give two shits what dumb fuck flipped a house, or bought more than they could afford. THEY didn't rig the system with dynamite, they didn't even help design the system. In fact, HAD THE PEOPLE KNOWN WHO PROPOSED THE FEDERAL RESERVE in the first place, THEY NEVER WOULD HAVE APPROVED IT.

They were violently opposed to "the money trust". They hated The Rockefeller family with a vengeance. Seriously, go read history, they were the most hated family in America. People of THEIR ILK are what caused this mess.
And THEY are the ones trying to maintain and STRENGTHEN their control in this -- as many are rightly saying -- HIGHLY PREDICTABLE event.

Of COURSE they knew it was coming.
It was THEIR system which caused it.
Why do you think gold went to $800\oz LAST year?
Because they have been "prepared" for this since at least that time!
:cool:

Drowned Out

sponger wrote:

Of course you conveniently leave out the part where many of these 'normal middle class people' purposely ran up rents, leaving millions of families to feed their children with less money because shows like "flip this house" are so persuasive.

Is it any coincidence that you left that part of the story out of your giant euphemism? I don't think it is a coincidence. You know just as well I that such actions are inexcusable greed, and warrant no comparison to the dot com investors.

well, I'm basing this on my local market, and my experience in it. I can tell you that if these people were as average as myself, it they were buying in that inflated market, chances are those gouging rental rates were only enough to cover the mortgage.
Now, if we're talking slumlords, owners of massive apartment blocks....you might have a case here...but the people that bought a house in hopes of having someone else pay the mortgage while the asset grew yearly are not the only guilty party, and don't deserve to suffer anymore than the people that lent them the money....whom you conveniently left out of your giant euphemism

sponger

Drowned Out wrote:

well, I'm basing this on my local market, and my experience in it. I can tell you that if these people were as average as myself, it they were buying in that inflated market, chances are those gouging rental rates were only enough to cover the mortgage.
Now, if we're talking slumlords, owners of massive apartment blocks....you might have a case here...but the people that bought a house in hopes of having someone else pay the mortgage while the asset grew yearly are not the only guilty party, and don't deserve to suffer anymore than the people that lent them the money....whom you conveniently left out of your giant euphemism

I didn't say banks were any less responsible. But, people who knowingly over-extended themselves with the intention of offsetting those costs by squeezing others are shitbags of the worst kind. If you cannot see that, then it's apparent as to why.

sponger

DriftingByTheStorm wrote:

With all due respect,
i don't think someone trying to flip a house is "purposely" running up rents!
They are TRYING TO MAKE A PROFIT,
SAME AS ANYONE ELSE IN THIS DAMN WORLD.

All I can tell you is that I personally knew someone other than myself who could've participated in the fuck-fest of buying and selling with renters being fucked in the ass, and who refrained from doing so because she saw the whole state of things as "obscene" in her words.

With myself included, that's two people in this world who understood the act of purchasing a house as one that should never be centered around the concept of profit margins at the expense of others.

The only reasons people should be buying houses is for the tax deduction, the freedom of home ownership, and the eventuality of not making a monthly payment to put a roof over one's head.

Houses are not like cars where you can just dump it and go get another, or ride a bike or take the bus instead. They are places where people live, and as our population increases, those places are becoming far and fewer in between.

When we start making the market of places where people live into a profit scheme, we all become sick, disgusting, worthless sacks of shit who are essentially doing whatever we can to decrease the standard of living for those around us so we can profit.

And that's also why I think Home Owner's Associations should be illegal. They compromise the second reason in my list of reasons for home ownership, which is the freedom of home ownership.

El_Kabong

Drowned Out wrote:

great quote
He always seemed (edited tense :( ) to try to portray his interpretation of what's to come in a positive light.

here comes the heavy....real change...yes we can


I better get my ass aligned.

wow, what deja vu, eh kyle?

lol