tag:blogger.com,1999:blog-27697009.post6732413174746369422..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : Welcome to the RecessionJim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-27697009.post-606162381367815292008-07-07T14:20:00.000-07:002008-07-07T14:20:00.000-07:00This Bailout Bill looks grim, but there is a chanc...This Bailout Bill looks grim, but there is a chance to stop it from passing. It will pass the senate and then go back to the house for final passage. There is a House Coaltion known as the “Blue Dog Democrats.” These guys claim to be fiscally responsible. However, they vote for a bill that pays off reckless borrowers and lenders, rewarding foolish business practices w/ TAXPAYER money! the 4% who goofed up get a free ride while the 96% are punished for their good economic sense. Up to $30 Billion goes to cover bad mortgages, and the deficit will be raised by this bill $22 Billion. The Blue Dogs ALL VOTED FOR THIS (save one in TN who didn’t do anything at all…)<BR/><BR/>What can you do? Call Kristen Hawn, the communications director for the Blue Dog Coalition at 866-887-5841. ask her politely to tell her bosses to get their act together and follow what they have on their own website, namely, be fiscally responsible and help us keep taxes down and money in the consumers pockets.<BR/><BR/>I feel strongly about this. Folks already have a hard enough time affording gas that can’t seek out alternative energy sources at he moment. And No one has even talked about what the winter is going to look like in the N.E. Now is NOT the time to slap on more (in essence) penalties for being fiscally responsible for those who were negligent…Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-58912113229103261342008-07-01T22:24:00.000-07:002008-07-01T22:24:00.000-07:00Dude you so called the starbucks coffee analogy!! ...Dude you so called the starbucks coffee analogy!! hahah 600 stores to close! You rock man, keep up the good work!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-27855510607212419822008-06-28T00:31:00.000-07:002008-06-28T00:31:00.000-07:00Hi Catholic GirlI don't think that things are goin...Hi Catholic Girl<BR/><BR/>I don't think that things are going to get better, but don't fault the newspapers. I guess that's why blogs have some success. We can report on stuff without a who, what, why, when, and where.<BR/><BR/>I think that a lot of people are now trimming consumption that weren't before. This reduction in consumption is I fear, going to make things worse.<BR/><BR/>Keep your fingers crossed, my retirement is only 5 years away.<BR/><BR/>Thank you for your comments, I'm glad you enjoy the blog.<BR/><BR/>Take careJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-77297014480004149662008-06-27T06:48:00.000-07:002008-06-27T06:48:00.000-07:00I ran across your blog and found it very informati...I ran across your blog and found it very informative and interesting. It's not going to get any better is it? It amazes me how the news outlets are not reporting with panic what is happening and is going to happen to our economy if oil does not decrease. It is as if they want us to be the last to know, that no one can afford to pay their bills any longer. My husband and I are already trying to hedge our own little economy. We have bought a tiny fuel efficient car- are reconsidering 200$ cell phone bills for college kids- and just last night discussed how expensive two all you can eat salads and water were at Ruby Tuesdays - was it really worth it?-( 22 $ with tip ) and the drive to the restaurant??<BR/>oh well, I am still hopeful all will turn around and our retirement will be safe - only 10 years left. I'll be reading you-Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-45288567355690234422008-06-24T21:06:00.000-07:002008-06-24T21:06:00.000-07:00Hi I'm not PotusYou cracked me up with the image o...Hi I'm not Potus<BR/><BR/>You cracked me up with the image of using the drive up window for a dollar special at McDucks. I just filled my gas tank for $62.<BR/><BR/>I'm good for about 12 of those dollar double cheeseburgers a month. It's getting harder and harder to pass up the fries. That and the soda is where they make their money.<BR/><BR/>I'm a damn good cook but sometimes you just can't wait, you want it NOW!<BR/><BR/>I think your right fast food will stay around and maybe for another reason, a lot of people can't cook worth a darn.<BR/><BR/>I agree with your subtle humor [redeemable for "nutritious" meals]. You can sure put on pounds eating them.<BR/><BR/>By a death spiral, I meant there will be a severe thinning of the herd.<BR/><BR/>Thinking about food is making me hungry. Thank you for your comments. I've got to go check out the fridge.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-20823858780464120762008-06-24T14:29:00.000-07:002008-06-24T14:29:00.000-07:00Jim,I tend to give the drive thru's the benefit of...Jim,<BR/>I tend to give the drive thru's the benefit of doubt. $1 menus will prevail. How big a nibble you get for a buck will shrink but in the long run they will end up being modern day soup kitchens of America.<BR/>I can envision a Dodd bill crafted by Micky D's that food stamps will be issued on debit cards redeemable for "nutritious" meals at participating food service establishments.<BR/>It is the only way to keep the poor working and eating. 2 birds one stone.I'm Not POTUShttps://www.blogger.com/profile/06885542838234710249noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-15210349256169223952008-06-23T21:09:00.000-07:002008-06-23T21:09:00.000-07:00Hi Dan MacI hadn't seen the video, but the news ha...Hi Dan Mac<BR/><BR/>I hadn't seen the video, but the news has been around a while. Here is a <A HREF="http://money.cnn.com/video/#/video/news/2008/06/20/news.hunter.produce.note.cnnmoney" REL="nofollow">link</A> to it. It got cut off in your post.<BR/><BR/>This could end up really sucking for the homeowner. I paid off my home loan a few years back and the note had been sold so many times that they lost the title I signed. The bank's word to the county recorder was enough to give me clear title to the property.<BR/><BR/>This new ploy may work in reverse if you ever try to sell the house. You already proved that the bank can't show clear title to it. Guess who gets the last laugh? You are going from the frying pan to the fire.<BR/><BR/>Life is a little like a lottery, you could luck out.<BR/><BR/>Thank you for the video link and your comments.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-56948680652488424152008-06-23T13:09:00.000-07:002008-06-23T13:09:00.000-07:00Jim,Thought this video might be of interest to you...Jim,<BR/><BR/>Thought this video might be of interest to you. It pertains to banks being unable to provide documentation/proof that they actually hold the notes on properties that they intend to foreclose on. First time I have heard of this. http://money.cnn.com/video/#/video/news/2008/06/20/news.hunter.produce.note.cnnmoney<BR/><BR/>ps - thanks for the petition linkAnonymousnoreply@blogger.com