Fed cuts .5% yet again…

[barnaby33]

SD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.

I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.

I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.

This post isn’t nearly as cathartic as I’d hoped it would be.

Josh

[kewp]

For those of you who think poor is eating top ramon and cold cuts, I would tell you that they are plenty that would gladly beat you black and blue for the chance to eat it. Most of us wearing cloths right now more expensive than the monthly food bill of entire families. We talk about million dollar homes here….

Yes and given we are coming off of a a ten-year RE boom, none of the RE bulls have even poor by American standards!

I have! What I’m suggesting is that is going to do all these specu-vestors a bit of good to eat spam sandwiches for a few years.

[kewp]

For those of you who think poor is eating top ramon and cold cuts, I would tell you that they are plenty that would gladly beat you black and blue for the chance to eat it. Most of us wearing cloths right now more expensive than the monthly food bill of entire families. We talk about million dollar homes here….

Yes and given we are coming off of a a ten-year RE boom, none of the RE bulls have even poor by American standards!

I have! What I’m suggesting is that is going to do all these specu-vestors a bit of good to eat spam sandwiches for a few years.

[kewp]

For those of you who think poor is eating top ramon and cold cuts, I would tell you that they are plenty that would gladly beat you black and blue for the chance to eat it. Most of us wearing cloths right now more expensive than the monthly food bill of entire families. We talk about million dollar homes here….

Yes and given we are coming off of a a ten-year RE boom, none of the RE bulls have even poor by American standards!

I have! What I’m suggesting is that is going to do all these specu-vestors a bit of good to eat spam sandwiches for a few years.

[kewp]

For those of you who think poor is eating top ramon and cold cuts, I would tell you that they are plenty that would gladly beat you black and blue for the chance to eat it. Most of us wearing cloths right now more expensive than the monthly food bill of entire families. We talk about million dollar homes here….

Yes and given we are coming off of a a ten-year RE boom, none of the RE bulls have even poor by American standards!

I have! What I’m suggesting is that is going to do all these specu-vestors a bit of good to eat spam sandwiches for a few years.

[kewp]

For those of you who think poor is eating top ramon and cold cuts, I would tell you that they are plenty that would gladly beat you black and blue for the chance to eat it. Most of us wearing cloths right now more expensive than the monthly food bill of entire families. We talk about million dollar homes here….

Yes and given we are coming off of a a ten-year RE boom, none of the RE bulls have even poor by American standards!

I have! What I’m suggesting is that is going to do all these specu-vestors a bit of good to eat spam sandwiches for a few years.

[Coronita]

Anyway, go back and read that article you posted. We can easily make up budget shortfalls by raising student fees and cutting admissions.

 

Um, kewp, again not trying to pick up a fight here. But when an organization, your organization that employees you, declares they have at least a $417million shortfall, don't you think somehow you're going to be affected? Do you really think all this shortfall can be passed onto students as tuition hikes? Again, revisit the last shortfalls that occured at the UC systems. If you still think your not connected to the relative health of the state/fed government, I'm glad you can see through the optimism.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Anyway, go back and read that article you posted. We can easily make up budget shortfalls by raising student fees and cutting admissions.

 

Um, kewp, again not trying to pick up a fight here. But when an organization, your organization that employees you, declares they have at least a $417million shortfall, don't you think somehow you're going to be affected? Do you really think all this shortfall can be passed onto students as tuition hikes? Again, revisit the last shortfalls that occured at the UC systems. If you still think your not connected to the relative health of the state/fed government, I'm glad you can see through the optimism.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Anyway, go back and read that article you posted. We can easily make up budget shortfalls by raising student fees and cutting admissions.

 

Um, kewp, again not trying to pick up a fight here. But when an organization, your organization that employees you, declares they have at least a $417million shortfall, don't you think somehow you're going to be affected? Do you really think all this shortfall can be passed onto students as tuition hikes? Again, revisit the last shortfalls that occured at the UC systems. If you still think your not connected to the relative health of the state/fed government, I'm glad you can see through the optimism.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Anyway, go back and read that article you posted. We can easily make up budget shortfalls by raising student fees and cutting admissions.

 

Um, kewp, again not trying to pick up a fight here. But when an organization, your organization that employees you, declares they have at least a $417million shortfall, don't you think somehow you're going to be affected? Do you really think all this shortfall can be passed onto students as tuition hikes? Again, revisit the last shortfalls that occured at the UC systems. If you still think your not connected to the relative health of the state/fed government, I'm glad you can see through the optimism.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Anyway, go back and read that article you posted. We can easily make up budget shortfalls by raising student fees and cutting admissions.

 

Um, kewp, again not trying to pick up a fight here. But when an organization, your organization that employees you, declares they have at least a $417million shortfall, don't you think somehow you're going to be affected? Do you really think all this shortfall can be passed onto students as tuition hikes? Again, revisit the last shortfalls that occured at the UC systems. If you still think your not connected to the relative health of the state/fed government, I'm glad you can see through the optimism.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

SD R,

Am I supposed to feel sorry for you and your ilk or marvel at what a masterful entrepreneur you are? Good grief. Either just break down and cry or assert your capitalistic dominance. Trying to do both in one post is a bit much.

Oh, and I'm supposed to feel sorry for laid off engineers? Did these laid-off engineers save during the good times or did they go in debt for million dollar homes and hummers? Are they now walking away from their obligations? I know some engineers and their salaries are usually pretty darn good. If they save during the good times, they'll be fine during the down times.

I find it difficult to feel sorry for American citizens ever. There's tons of opportunity in this country if people are just willing to sacrifice a bit. Most don't though. And then they whine about how cruel and unfair the world is. Waaah.

 

 

Good grief.  I think it's suffice to say that most people here that are regulars, regardless of background or what not are not the average american waster type of person. Not SDR, not me, or frankly a lot of "engineers" on this forum. I don't think we're starting that we want any of your "sympathy" frankly. In fact, again suffice to say I could get on my preachy soapbox and say a lot of americans got pushed out of decent paying technical engineering fields because they didn't make the cut in school, but I won't go there either. Again, this thread goes on that "I'm going to be immune from this recession" and "bring it on". There's an economic pecking order, and depending on how bad this recession will be, it will depend on who gets pecked and who doesn't. And it seems some (not all of us) have not come to the realization that we're lower on the food chain that we think we are. For example take all these "engineers" that aren't normally handy at doing other things, and you have them start cutting back on other things like plumbing, heating, nice to haves, stop spending at retail stores, stop offering employment to temps etc, and well, the dominos start to fall.

Again, not disagreeing that this is what "should" happen or what's probably "better" for the long run.  

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

SD R,

Am I supposed to feel sorry for you and your ilk or marvel at what a masterful entrepreneur you are? Good grief. Either just break down and cry or assert your capitalistic dominance. Trying to do both in one post is a bit much.

Oh, and I'm supposed to feel sorry for laid off engineers? Did these laid-off engineers save during the good times or did they go in debt for million dollar homes and hummers? Are they now walking away from their obligations? I know some engineers and their salaries are usually pretty darn good. If they save during the good times, they'll be fine during the down times.

I find it difficult to feel sorry for American citizens ever. There's tons of opportunity in this country if people are just willing to sacrifice a bit. Most don't though. And then they whine about how cruel and unfair the world is. Waaah.

 

 

Good grief.  I think it's suffice to say that most people here that are regulars, regardless of background or what not are not the average american waster type of person. Not SDR, not me, or frankly a lot of "engineers" on this forum. I don't think we're starting that we want any of your "sympathy" frankly. In fact, again suffice to say I could get on my preachy soapbox and say a lot of americans got pushed out of decent paying technical engineering fields because they didn't make the cut in school, but I won't go there either. Again, this thread goes on that "I'm going to be immune from this recession" and "bring it on". There's an economic pecking order, and depending on how bad this recession will be, it will depend on who gets pecked and who doesn't. And it seems some (not all of us) have not come to the realization that we're lower on the food chain that we think we are. For example take all these "engineers" that aren't normally handy at doing other things, and you have them start cutting back on other things like plumbing, heating, nice to haves, stop spending at retail stores, stop offering employment to temps etc, and well, the dominos start to fall.

Again, not disagreeing that this is what "should" happen or what's probably "better" for the long run.  

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

SD R,

Am I supposed to feel sorry for you and your ilk or marvel at what a masterful entrepreneur you are? Good grief. Either just break down and cry or assert your capitalistic dominance. Trying to do both in one post is a bit much.

Oh, and I'm supposed to feel sorry for laid off engineers? Did these laid-off engineers save during the good times or did they go in debt for million dollar homes and hummers? Are they now walking away from their obligations? I know some engineers and their salaries are usually pretty darn good. If they save during the good times, they'll be fine during the down times.

I find it difficult to feel sorry for American citizens ever. There's tons of opportunity in this country if people are just willing to sacrifice a bit. Most don't though. And then they whine about how cruel and unfair the world is. Waaah.

 

 

Good grief.  I think it's suffice to say that most people here that are regulars, regardless of background or what not are not the average american waster type of person. Not SDR, not me, or frankly a lot of "engineers" on this forum. I don't think we're starting that we want any of your "sympathy" frankly. In fact, again suffice to say I could get on my preachy soapbox and say a lot of americans got pushed out of decent paying technical engineering fields because they didn't make the cut in school, but I won't go there either. Again, this thread goes on that "I'm going to be immune from this recession" and "bring it on". There's an economic pecking order, and depending on how bad this recession will be, it will depend on who gets pecked and who doesn't. And it seems some (not all of us) have not come to the realization that we're lower on the food chain that we think we are. For example take all these "engineers" that aren't normally handy at doing other things, and you have them start cutting back on other things like plumbing, heating, nice to haves, stop spending at retail stores, stop offering employment to temps etc, and well, the dominos start to fall.

Again, not disagreeing that this is what "should" happen or what's probably "better" for the long run.  

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

SD R,

Am I supposed to feel sorry for you and your ilk or marvel at what a masterful entrepreneur you are? Good grief. Either just break down and cry or assert your capitalistic dominance. Trying to do both in one post is a bit much.

Oh, and I'm supposed to feel sorry for laid off engineers? Did these laid-off engineers save during the good times or did they go in debt for million dollar homes and hummers? Are they now walking away from their obligations? I know some engineers and their salaries are usually pretty darn good. If they save during the good times, they'll be fine during the down times.

I find it difficult to feel sorry for American citizens ever. There's tons of opportunity in this country if people are just willing to sacrifice a bit. Most don't though. And then they whine about how cruel and unfair the world is. Waaah.

 

 

Good grief.  I think it's suffice to say that most people here that are regulars, regardless of background or what not are not the average american waster type of person. Not SDR, not me, or frankly a lot of "engineers" on this forum. I don't think we're starting that we want any of your "sympathy" frankly. In fact, again suffice to say I could get on my preachy soapbox and say a lot of americans got pushed out of decent paying technical engineering fields because they didn't make the cut in school, but I won't go there either. Again, this thread goes on that "I'm going to be immune from this recession" and "bring it on". There's an economic pecking order, and depending on how bad this recession will be, it will depend on who gets pecked and who doesn't. And it seems some (not all of us) have not come to the realization that we're lower on the food chain that we think we are. For example take all these "engineers" that aren't normally handy at doing other things, and you have them start cutting back on other things like plumbing, heating, nice to haves, stop spending at retail stores, stop offering employment to temps etc, and well, the dominos start to fall.

Again, not disagreeing that this is what "should" happen or what's probably "better" for the long run.  

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Author]

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