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Just a regular dude,

 
Zandotious
User ID: 136963
United States
09/23/2008 07:46 PM
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Just a regular dude,
Hello to whoever is reading this.
Im a regular guy. I dont write or spell very well, I dont have a college degree. I dont REALLY follow the news and I know more about motorcycles than the stock market. I dont know the diff between a democrat and a republican, and iv never voted.
I do however pay $4+ for a gallon of gas, I am getting raped by my credit cards, My income is down by about 10k from last year. I do have a baby on the way and WE dont have health insurance. We do both work 40-50 hrs a week and we are broke.
I also have a coupla few friends JUST like me and they all have a coupla few friends just like them who have friends just like them ( you get the picture).

Ne-ways, Why should we all care about some $7 bagillion buyout or whatever? I pay my bills and mortgage on time.My credit score is a 712, I have no MaSsIvE shortage of work, ( im down from last year but not terribly).
Im not saying it ISNT a big deal, I just dont understand it. If they do this will i lose my job or my house? If so how?
I honestly dont know If i should be for or against it.

Whatever.

If someone can tell me how this will effect ME and my family,I would GREATLY appericate it!
Kanigo2

User ID: 442313
United States
09/23/2008 07:56 PM
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Re: Just a regular dude,
at a minimum-- you will watch your dollar degrade in value-- figure paying 2 times as much for everything.

at a maximum, figure the only way the economy and dollar will ever get ANY value, is if a major war is declared and all debts are forgiven----


If a war is declared figure wooden nickles and a draft.
------------------------------------------------------------


This is how it will effect you.
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zandotious (OP)
User ID: 136963
United States
09/23/2008 07:58 PM
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Re: Just a regular dude,
but wont that mean ill make twice as much?
Kanigo2

User ID: 442313
United States
09/23/2008 08:02 PM
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Re: Just a regular dude,
Absolutely not- Bernake has stated that the best indicator of slow to no inflation is keeping wages down.

If that is his only indicator he has bent the entire economy towards that.


This was the reason they destroyed the Labor unions.
And imported cheap labor.

Prices are mostly bound up in the cost of fuel.
The fuel prices will only end up in your lap.
Wages will not increase.
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Kanigo2

User ID: 442313
United States
09/23/2008 08:04 PM
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Re: Just a regular dude,
In the meantime--higher credit costs to get loans to run a business from anything from new forklifts and equipment and rent prices will increase leaving less money to pay you but higher cost on the purchase side.


You will be/already are a wage slave.
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zandotious (OP)
User ID: 136963
United States
09/23/2008 08:05 PM
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Re: Just a regular dude,
wow.
Well ok what if they dont do it?
Kanigo2

User ID: 442313
United States
09/23/2008 08:06 PM
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Re: Just a regular dude,
Does that help?
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"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:08 PM
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Re: Just a regular dude,
Help, lol.
That sounds terrible.
Kanigo2

User ID: 442313
United States
09/23/2008 08:10 PM
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Re: Just a regular dude,
wow.
Well ok what if they dont do it?
 Quoting: zandotious 136963



Foreign governments will ask for tangible assets instead of US dollars(like gold)--- The US will not be able to purchase anything on the world market--including fuel--Foreign government will want Tangible assets in return for any goods they sell us.


Or they will want higher and higher interest payments.


The dollar will crash.


We will literally go back to a barter system--- all local.



------------------------------------------------------------



It doesn't matter though because we will end up there anyway.

Paying this 700 billion only prolongs the system that is..it will become worth nothing sooner or later because of the governments inability to stop spending and lowering the value of the US dollar.
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"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

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Anonymous Coward
User ID: 500200
United States
09/23/2008 08:10 PM
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Re: Just a regular dude,
Hey did you guys hear? Clay Aiken came out of the closet!
 Thread: Clay Aiken Publicly Comes Out: 'Yes, I'm Gay'! ! ! ! 

Anonymous Coward
User ID: 509080
09/23/2008 08:12 PM
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Re: Just a regular dude,
Help, lol.
That sounds terrible.
 Quoting: zandotious 136963

Basically it transfers the bad debt of these crooked corporations to the taxpayers.That's you and me.
Kanigo2

User ID: 442313
United States
09/23/2008 08:13 PM
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Re: Just a regular dude,
And for this reason alone OP.

I tell you to buy food--at least three months worth while your dollar still has SOME value.

When they flood the market with new money --your dollar will be worth even less.
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"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
Kanigo2

User ID: 442313
United States
09/23/2008 08:14 PM
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Re: Just a regular dude,
There is no pretty outlook for any of this----


Defend yourself and keep to yourself--tell your friends to do the same....Set aside food. Just in case.


Look after your family. They are going to need you.
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"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:16 PM
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Re: Just a regular dude,
jesus. Why dont they say these things on the news? noone will ever believe me.
OneAngryMom

User ID: 506709
United States
09/23/2008 08:16 PM
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Re: Just a regular dude,
WAY

TO

GO

KANIGO!



How much more simple can it get than this explanation!
Kanigo2

User ID: 442313
United States
09/23/2008 08:22 PM
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Re: Just a regular dude,
jesus. Why dont they say these things on the news? noone will ever believe me.
 Quoting: zandotious 136963



At first --I didn't expect anyone in my family would believe me either.....

They believe me now....


What i did was not harp on it...I just told them right before something big was going to happen---


Now I have 5 places I can run and we are all stocked up.


You have a baby on the way.. make sure you put aside evaporated milk,please.

$6.50 a box----


------------------------------------------

I hope this helps....

I pray for you.

Make sure you are going to have access to clean water.
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.

"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:22 PM
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Re: Just a regular dude,
It cant possibly be this bad. I mean fuck, how ddi it happen? we spend too much? Curroption in goverment?
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:23 PM
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Re: Just a regular dude,
ur freaking me out dude.
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:24 PM
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Re: Just a regular dude,
Is he fucking with me?
Kanigo2

User ID: 442313
United States
09/23/2008 08:28 PM
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Re: Just a regular dude,
ur freaking me out dude.
 Quoting: zandotious 136963



I don't mean to--- If they bail this out-- The degradation of the currency will happen over time..

So-- you still have time.

and now you have knowledge....which is more important.


You wont have to stand there like a deer in the headlights...like everyone else will do.


Just get ready... set some aside here and a little there.
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.

"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
zandotious (OP)
User ID: 136963
United States
09/23/2008 08:30 PM
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Re: Just a regular dude,
Thanks alot Kan. Ill do that. Cant hurt.
Hmmm,... maybe ill max out my Sams Club card.
I appericate all your time and all the information.
Bingo Bob
User ID: 509390
United States
09/23/2008 08:31 PM
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Re: Just a regular dude,
Hello to whoever is reading this.
Im a regular guy. I dont write or spell very well, I dont have a college degree. I dont REALLY follow the news and I know more about motorcycles than the stock market. I dont know the diff between a democrat and a republican, and iv never voted.
I do however pay $4+ for a gallon of gas, I am getting raped by my credit cards, My income is down by about 10k from last year. I do have a baby on the way and WE dont have health insurance. We do both work 40-50 hrs a week and we are broke.
I also have a coupla few friends JUST like me and they all have a coupla few friends just like them who have friends just like them ( you get the picture).

Ne-ways, Why should we all care about some $7 bagillion buyout or whatever? I pay my bills and mortgage on time.My credit score is a 712, I have no MaSsIvE shortage of work, ( im down from last year but not terribly).
Im not saying it ISNT a big deal, I just dont understand it. If they do this will i lose my job or my house? If so how?
I honestly dont know If i should be for or against it.

Whatever.

If someone can tell me how this will effect ME and my family,I would GREATLY appericate it!
 Quoting: Zandotious 136963


Yeah, you don't need to worry about this - you are a loser, and will always be a loser.

You have no earning potential unless you have a VERY specialized skill and you probably won't ever make much more money than you are currently making.

You knocked up your girlfriend due to your lack of education and deep down knowing that you will never amount to anything....so why not make it worse and pop out a kid NEITHER of you can afford.

You are a wage slave, you will always be a wage slave, and people like you don't need to worry about what is going on in the financial markets. Your dollars will drop in value...which means you can't buy as much "stuff".

Oh and do the country a favor....don't vote.
Bingo Bob
User ID: 509390
United States
09/23/2008 08:33 PM
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Re: Just a regular dude,
sorry I'm in a bad mood
Anonymous Coward
User ID: 419054
United States
09/23/2008 08:34 PM
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Re: Just a regular dude,
Absolutely not- Bernake has stated that the best indicator of slow to no inflation is keeping wages down.

If that is his only indicator he has bent the entire economy towards that.


This was the reason they destroyed the Labor unions.
And imported cheap labor.

Prices are mostly bound up in the cost of fuel.
The fuel prices will only end up in your lap.
Wages will not increase.
 Quoting: Kanigo2


And, in fact, have decreased in real dollars every year since the 1970's.

In the 1970's, at age 24, I earned $17US per hour, swithout a college degree. I had excellent benefits, retirement pension, stock ownership and reimbursement for school. Now, I can't get a job with benefits, much less for $17.00 an hour.

WTF has happened to this country?
Kanigo2

User ID: 442313
United States
09/23/2008 08:41 PM
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Re: Just a regular dude,
Thanks alot Kan. Ill do that. Cant hurt.
Hmmm,... maybe ill max out my Sams Club card.
I appericate all your time and all the information.
 Quoting: zandotious 136963



No problem,, be safe and aware.

God bless you and wife and child.
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.

"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-

Hurray for Anarchy! This is the happiest moment of my life.
Anonymous Coward
User ID: 488383
United States
09/23/2008 08:54 PM
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Re: Just a regular dude,
Some perspective:
In 1964
Federal minimum wage was $1.25
A new Ford Thunderbird cost ~$2,500
Gasoline cost ~$0.30 a gallon

In 2008
Federal minimum wage is $6.55
New T-bird is $25,000
Gas costs $4.00/gallon

Wages 524% increase
Goods 1000% increase
Fuel 13333% increase

Anyone else see a big problem here??

Disclaimer: Open to any input on the above. Just pulled it out by backside quick for this post. All numbers very approximate only to illustrate orders of magnitude.