Re: [Credit Crunch] Has it affected you?

It has not effected me. I keep all of my money in a mattress.

Let the idiots who invested money they couldn't afford to invest (read: RISK) deal with the consequences of their actions. Sometimes making a riskier investment in the hopes of a greater profit results in loss. That's why we call it riskier.

Government money, which is only CREDIT, is NOT going to solve the CREDIT crisis resulting from people buying too much on credit. The government doesn't have money either. It owes lots of money. Bunch of retarded wankers running this joint... I'm terrified for my kids.

[I wish I could obey forum rules]

Re: [Credit Crunch] Has it affected you?

the problem is that the credit institutes are not granting credits to other credit institutes which is quiet a problem.
therefor i believe its quiet good that the goverment takes guarantees for those credits so the credit institutes can at least keep on operating.
i am not in favour with all these credit institutes messing up royaly... but we need credit institutes to work and be operational.

the problem with the consequences is that not only those who messed up have to live with them.. but everyone has.. and there is exactlly the problem where us leftists call for regulations.... i would so much not care if they would mess up only their own money.

Re: [Credit Crunch] Has it affected you?

> Justinian I wrote:

> You know, I'm hoping the big 3 collapse smile. Just don't cross the border to WI, don't you dare!

why in this economic climate would you be hoping for another 3 million Americans to loose their jobs?

and i piss on WI, its a piece of shit state, everyone i know who's ever spent a night there thinks so.

Re: [Credit Crunch] Has it affected you?

I hope the Big 3 collapse so that those UAW fools can go back to working an honest days work for an honest days pay.
$73 an hour for some grunt turning a screw is just dumb.

Re: [Credit Crunch] Has it affected you?

>>and there is exactlly the problem where us leftists call for regulations<<

Leftists calling for "fair" lending (ie, lending to people who couldn't repay their loans) contributed in large part to the problem. tongue

I don't have to suffer for anyone's foolishness. They didn't mess up with my money. Sure, I could feel some hurt as a result of their retardation; but that would only be short-term and I'd feel less in the long run than if my money was used to bail out the retards. Of course, that's what we're doing. Press conference clips and power are what matter, not long term justice and wealth creation.

>>why in this economic climate would you be hoping for another 3 million Americans to loose their jobs? <<

Their companies are losing money. The purpose of a company is to create wealth. They're only creating FAILSAUCE. It only hurts us to give them more to waste==>lose.

[I wish I could obey forum rules]

Re: [Credit Crunch] Has it affected you?

With the big 3, Han's point is the bottom line. With our country's cost of living and the power of unions, there is just NO way for our manufacturers to compete with cheap foreign labor.

[I wish I could obey forum rules]

Re: [Credit Crunch] Has it affected you?

wow

Days of Our Lives fired John and Marlena to save money yikes

http://tv.yahoo.com/blog/are-daytime-soaps-doomed--43

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: [Credit Crunch] Has it affected you?

> V.Kemp wrote:

> With the big 3, Han's point is the bottom line. With our country's cost of living and the power of unions, there is just NO way for our manufacturers to compete with cheap foreign labor.


we are competing with cheap foeign labor. the new blue collar workers are making like $21 or $24 an hour, and they're laying off the old workers at record lvls.

Re: [Credit Crunch] Has it affected you?

> V.Kemp wrote:

> >>

>>why in this economic climate would you be hoping for another 3 million Americans to loose their jobs? <<

Their companies are losing money. The purpose of a company is to create wealth. They're only creating FAILSAUCE. It only hurts us to give them more to waste==>lose.



if the auto-makers are able to spend $500 billion in the US and come up $25billion short, giving them $25 billion is gonna help the economy more then spending $25 billion elsewhere. the company is creating wealth, its just creating debt too. but the debt its creating is a tiny fraction of the wealth its creating.

Re: [Credit Crunch] Has it affected you?

Practice capitalism, as it were intended - If your fking up with your Corporation declare chapter 12, and move on with your day, we didn't bail out the air lines - Or did we?

United States Marine Corps
-Providing the enemy with the opportunity to die for their country since 1775-

36 (edited by Gwynedd 22-Nov-2008 08:21:57)

Re: [Credit Crunch] Has it affected you?

lol amen to that. Although 25 billion is a small amount compared to what the car companies have to spend to keep up in production. this 25 billion should not be given because it encourages retarded behaviour the way the american car companies have been behaving. Just screw up and the government will come bail your ass out. We should make an example of these fools.

Also just because the companies go out of business does not mean 3 million jobs are lost. Honda and Toyotoa will definately start producing a lot more cars and will need more workers to keep that going. That a good thing if Honda or toyota buy out one of the "big three" american companies. I would much rather trust them over the american companies who have [w00f!] up.

37 (edited by lmperial 22-Nov-2008 00:54:53)

Re: [Credit Crunch] Has it affected you?

Red.. you were doing SO well till i read that 2nd paragraph....

Americans SHOULD NOT be building Japanese Cars....

Capitalism greatest strength is that when a Giant dies, another rises to take it's place, it opens the market up....

If they great 3 fell your right doesn't mean Jobs will be loss, per say -

My feelings to fix the Auto industry you should do as the following.

Kick out the import car builders, who are cheaply building cars in the U.S. and selling them cheap, why? Almost no Logistic costs, and they can pump em out FAST, the U.S. Owned auto companies, are charging TOO much for their vehicles due to Union fees, and stiff imported competetion, they have to charge more for their vehicles in order to make ends meet.

Kick out the import car plants, allot domestic to get an edge on the competition, if a domestic car company is gonna go under - let it, and allow smaller domestic car upstarts grow, and in turn they will create jobs.

United States Marine Corps
-Providing the enemy with the opportunity to die for their country since 1775-

38 (edited by Gwynedd 22-Nov-2008 08:22:53)

Re: [Credit Crunch] Has it affected you?

"lol amen to that. Although 25 billion is a small amount compared to what the car companies have to spend to keep up in production. this 25 billion should not be given because it encourages retarded behaviour the way the american car companies have been behaving. Just screw up and the government will come bail your ass out. We should make an example of these fools."

and why is the way teh big three auto makers have been behaving, retarded? their competitors have nations supporting them, and much lower labour costs; the big three had a large union their government supports, and no government support, eventually, they're unable to make up for the disadvantages and their decrease in sales creates enough pressure for them to manipulate the union into giving them very favorable contract. unfortunately shortly after the new contracts, the economy takes a dive, and because of the disadvantages that have been handed to them from the US government since the start, they're unable to stay afloat. looks like the government [w00f!] them over, not retarded behavior... but im sure you're a business expert that can critique the execs?

Re: [Credit Crunch] Has it affected you?

also, the idea that Toyota or another auto-maker that is losing tons of money right now is going to drastically expand and create jobs in the US during this economic climate is unlikely...

Re: [Credit Crunch] Has it affected you?

Um why should we boot out companies that

--hire thousands of americans

--make millions of cars

--make good cheap cars

--make very popular cars

just because their great grandfather didn't work in Michigan?

Why?

I do not care if Detroit goes back to the swamp and every car made in america is a hyundai, kia, toyota, honda, or mercedes

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

41 (edited by avogadro 22-Nov-2008 02:43:18)

Re: [Credit Crunch] Has it affected you?

i dont think anyone suggested we boot out companies that hire thousands of americans, make millions of cars, make good cheap cars, make very popular cars ect.

and is "hiring thousands of americans" supposed to impress anyone when the big three hire millions of americans?

Re: [Credit Crunch] Has it affected you?

If every car in the US would be made by mercedes you could consider yourself to be super lucky:P

Re: [Credit Crunch] Has it affected you?

Big three don't employ "millions" they are trying to count anybody who sells anything to thousands of their employees.

Imperial did suggest we boot them....

And its not the govts job to avoid recessions. Because its not capable of it

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: [Credit Crunch] Has it affected you?

Lost

Je maintiendrai

45 (edited by avogadro 22-Nov-2008 21:00:36)

Re: [Credit Crunch] Has it affected you?

"Imperial did suggest we boot them...."

sorry yell, i did not read any of someone's posts because im not allowed to reference someone's posts or even reference someone, so i did not notice. i think that didnt break the warning, *crosses fingers*

Re: [Credit Crunch] Has it affected you?

well blah you can read them...

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: [Credit Crunch] Has it affected you?

yeah, but if i read someone's posts, i might accidentally refer to part of it while responding to someone else and break the warning and get banned. someone already got banned for agreeing with one of my posts.

Re: [Credit Crunch] Has it affected you?

what the heck is all that about?
you're not allowed to quote someone?

Re: [Credit Crunch] Has it affected you?

Quit your phony handwringing over it, Avogadro.

You have been warned about posting in forums about it before. Do not post in forums about it again.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: [Credit Crunch] Has it affected you?

....whats the difference between a merchant banker and a seagull?


....only a seagull can afford to put a deposit on a porsche now....

....i hope those that have played a part in this financial issue are sent to hell....or scunthorpe....either will do....gamble with MY money and then expect ME to pay for your mistakes....awww i'm sorry they might have to be frugal like the rest of us for a change....i have no sympathy for them at all....i gamble and lose, my issue....they gamble and lose, my issue?....i think not!

....Marijuana: proud sponsors of the snack food industry since it began