Fed cuts .5% yet again…

[Coronita]

flu:

i've been thinking about this. interest rates are low. the banks are looking for borrowers. investors are looking for investments…

why wouldn't it be a good time to start up a company? find the right investors, hire employees cheap, pay low rents on office space… more tax breaks are coming down the pipe for capital investment…

 

Because in a recession, the challenge will be finding your paying customers, advertisers,etc.Yes, we laugh at all the people that are financially irresponsible. But to some extent, you sort of need them to so someone buys all the crap you develop. Perhaps a bad analogy, but i have a warped view of the relationship between consumer and businesses. Businesses are parasites that feed off the host (consumer). If enough of the host dies, so does the parasite.

 

 

 

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

—– Sour grapes for everyone!

[Coronita]

Yes, I did go to a lower paid job after 2001 / Tech bubble, and I've had the same job since (lower paid but stable & allowed me to get an MBA)

 

Ah yes, very familiar with that route.

1)Those that went to RE

OR

2)Those that went to get an MBA.

 

Did I mention that there is an oversupply of MBAs too?

In fact some of my associates mentioned about how moving into Product Management/Project Manager with an MBA was a far safer route that staying in engineering (and getting outsourced)….except that was only true until they ended up moving the ENTIRE product line overseas, with product managers and project  overseas too. Oh the irony.

 

 

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

—– Sour grapes for everyone!

[Coronita]

Yes, I did go to a lower paid job after 2001 / Tech bubble, and I've had the same job since (lower paid but stable & allowed me to get an MBA)

 

Ah yes, very familiar with that route.

1)Those that went to RE

OR

2)Those that went to get an MBA.

 

Did I mention that there is an oversupply of MBAs too?

In fact some of my associates mentioned about how moving into Product Management/Project Manager with an MBA was a far safer route that staying in engineering (and getting outsourced)….except that was only true until they ended up moving the ENTIRE product line overseas, with product managers and project  overseas too. Oh the irony.

 

 

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

—– Sour grapes for everyone!

[Coronita]

Yes, I did go to a lower paid job after 2001 / Tech bubble, and I've had the same job since (lower paid but stable & allowed me to get an MBA)

 

Ah yes, very familiar with that route.

1)Those that went to RE

OR

2)Those that went to get an MBA.

 

Did I mention that there is an oversupply of MBAs too?

In fact some of my associates mentioned about how moving into Product Management/Project Manager with an MBA was a far safer route that staying in engineering (and getting outsourced)….except that was only true until they ended up moving the ENTIRE product line overseas, with product managers and project  overseas too. Oh the irony.

 

 

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

—– Sour grapes for everyone!

[Coronita]

Yes, I did go to a lower paid job after 2001 / Tech bubble, and I've had the same job since (lower paid but stable & allowed me to get an MBA)

 

Ah yes, very familiar with that route.

1)Those that went to RE

OR

2)Those that went to get an MBA.

 

Did I mention that there is an oversupply of MBAs too?

In fact some of my associates mentioned about how moving into Product Management/Project Manager with an MBA was a far safer route that staying in engineering (and getting outsourced)….except that was only true until they ended up moving the ENTIRE product line overseas, with product managers and project  overseas too. Oh the irony.

 

 

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

—– Sour grapes for everyone!

[Coronita]

Yes, I did go to a lower paid job after 2001 / Tech bubble, and I've had the same job since (lower paid but stable & allowed me to get an MBA)

 

Ah yes, very familiar with that route.

1)Those that went to RE

OR

2)Those that went to get an MBA.

 

Did I mention that there is an oversupply of MBAs too?

In fact some of my associates mentioned about how moving into Product Management/Project Manager with an MBA was a far safer route that staying in engineering (and getting outsourced)….except that was only true until they ended up moving the ENTIRE product line overseas, with product managers and project  overseas too. Oh the irony.

 

 

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

—– Sour grapes for everyone!

[SD Realtor]

I think that certain comments exemplify the experience or lack thereof of statements made about recessions. There is this air of omnipotence that accompanies such statements.

Lendingbubble, when I see a statement such as terrified of what it really makes me shake my head. It really scares me. However it also exemplifies a shortsightedness that borders on selfishness.

Do you want to bring on job loss for friends? For family or in laws? Do you want public programs to suffer? Do you want more cutbacks? Do you want municipal infrastructure to be reduced? Do you want to defer more maintanence? Do you want private investment to shrink up? Do you want to discourage smalll business? Do you want to see federal programs and extended welfare types of benefits? (cuz that IS what you will see)

Forget the preposterous assumption for the moment that you live in an isolated world that cannot be touched by a recession. To think that people who are close to you cannot be touched is quite unrealistic wouldn’t you say?

I will be the first one to say that this country, with a federally mandated drive to push consumerism to the ABSOLUTE limits, has essentially cornered itself. However I cannot sit and cheerlead us into a crash landing. Several weeks back myself and my engineering staff were laid off. We landed okay and are now gainfully employed again. How long will that last? Don’t know. Many other good engieers up in the silicon valley that I work with were laid off also. It is tough for them.

Does the country need this to survive? Perhaps. That is not my point of debate. What bugs me is the cavalier attitude. Bring it on baby. Okay man….. just keep that mindset in your memopry when a good friend or family member loses a job or suffers a hardship in the next few years.

Kewp – Besides my job job I have 3 small businesses. If you have ever run a small business then you may know how much work goes into it. Even in a good economy it is hard work. Running one in a slow economy is like… well it is really tough…let’s just leave it at that. I always encourage entrepreneur moves…it is not easy though…

SD Realtor

[SD Realtor]

I think that certain comments exemplify the experience or lack thereof of statements made about recessions. There is this air of omnipotence that accompanies such statements.

Lendingbubble, when I see a statement such as terrified of what it really makes me shake my head. It really scares me. However it also exemplifies a shortsightedness that borders on selfishness.

Do you want to bring on job loss for friends? For family or in laws? Do you want public programs to suffer? Do you want more cutbacks? Do you want municipal infrastructure to be reduced? Do you want to defer more maintanence? Do you want private investment to shrink up? Do you want to discourage smalll business? Do you want to see federal programs and extended welfare types of benefits? (cuz that IS what you will see)

Forget the preposterous assumption for the moment that you live in an isolated world that cannot be touched by a recession. To think that people who are close to you cannot be touched is quite unrealistic wouldn’t you say?

I will be the first one to say that this country, with a federally mandated drive to push consumerism to the ABSOLUTE limits, has essentially cornered itself. However I cannot sit and cheerlead us into a crash landing. Several weeks back myself and my engineering staff were laid off. We landed okay and are now gainfully employed again. How long will that last? Don’t know. Many other good engieers up in the silicon valley that I work with were laid off also. It is tough for them.

Does the country need this to survive? Perhaps. That is not my point of debate. What bugs me is the cavalier attitude. Bring it on baby. Okay man….. just keep that mindset in your memopry when a good friend or family member loses a job or suffers a hardship in the next few years.

Kewp – Besides my job job I have 3 small businesses. If you have ever run a small business then you may know how much work goes into it. Even in a good economy it is hard work. Running one in a slow economy is like… well it is really tough…let’s just leave it at that. I always encourage entrepreneur moves…it is not easy though…

SD Realtor

[SD Realtor]

I think that certain comments exemplify the experience or lack thereof of statements made about recessions. There is this air of omnipotence that accompanies such statements.

Lendingbubble, when I see a statement such as terrified of what it really makes me shake my head. It really scares me. However it also exemplifies a shortsightedness that borders on selfishness.

Do you want to bring on job loss for friends? For family or in laws? Do you want public programs to suffer? Do you want more cutbacks? Do you want municipal infrastructure to be reduced? Do you want to defer more maintanence? Do you want private investment to shrink up? Do you want to discourage smalll business? Do you want to see federal programs and extended welfare types of benefits? (cuz that IS what you will see)

Forget the preposterous assumption for the moment that you live in an isolated world that cannot be touched by a recession. To think that people who are close to you cannot be touched is quite unrealistic wouldn’t you say?

I will be the first one to say that this country, with a federally mandated drive to push consumerism to the ABSOLUTE limits, has essentially cornered itself. However I cannot sit and cheerlead us into a crash landing. Several weeks back myself and my engineering staff were laid off. We landed okay and are now gainfully employed again. How long will that last? Don’t know. Many other good engieers up in the silicon valley that I work with were laid off also. It is tough for them.

Does the country need this to survive? Perhaps. That is not my point of debate. What bugs me is the cavalier attitude. Bring it on baby. Okay man….. just keep that mindset in your memopry when a good friend or family member loses a job or suffers a hardship in the next few years.

Kewp – Besides my job job I have 3 small businesses. If you have ever run a small business then you may know how much work goes into it. Even in a good economy it is hard work. Running one in a slow economy is like… well it is really tough…let’s just leave it at that. I always encourage entrepreneur moves…it is not easy though…

SD Realtor

[SD Realtor]

I think that certain comments exemplify the experience or lack thereof of statements made about recessions. There is this air of omnipotence that accompanies such statements.

Lendingbubble, when I see a statement such as terrified of what it really makes me shake my head. It really scares me. However it also exemplifies a shortsightedness that borders on selfishness.

Do you want to bring on job loss for friends? For family or in laws? Do you want public programs to suffer? Do you want more cutbacks? Do you want municipal infrastructure to be reduced? Do you want to defer more maintanence? Do you want private investment to shrink up? Do you want to discourage smalll business? Do you want to see federal programs and extended welfare types of benefits? (cuz that IS what you will see)

Forget the preposterous assumption for the moment that you live in an isolated world that cannot be touched by a recession. To think that people who are close to you cannot be touched is quite unrealistic wouldn’t you say?

I will be the first one to say that this country, with a federally mandated drive to push consumerism to the ABSOLUTE limits, has essentially cornered itself. However I cannot sit and cheerlead us into a crash landing. Several weeks back myself and my engineering staff were laid off. We landed okay and are now gainfully employed again. How long will that last? Don’t know. Many other good engieers up in the silicon valley that I work with were laid off also. It is tough for them.

Does the country need this to survive? Perhaps. That is not my point of debate. What bugs me is the cavalier attitude. Bring it on baby. Okay man….. just keep that mindset in your memopry when a good friend or family member loses a job or suffers a hardship in the next few years.

Kewp – Besides my job job I have 3 small businesses. If you have ever run a small business then you may know how much work goes into it. Even in a good economy it is hard work. Running one in a slow economy is like… well it is really tough…let’s just leave it at that. I always encourage entrepreneur moves…it is not easy though…

SD Realtor

[SD Realtor]

I think that certain comments exemplify the experience or lack thereof of statements made about recessions. There is this air of omnipotence that accompanies such statements.

Lendingbubble, when I see a statement such as terrified of what it really makes me shake my head. It really scares me. However it also exemplifies a shortsightedness that borders on selfishness.

Do you want to bring on job loss for friends? For family or in laws? Do you want public programs to suffer? Do you want more cutbacks? Do you want municipal infrastructure to be reduced? Do you want to defer more maintanence? Do you want private investment to shrink up? Do you want to discourage smalll business? Do you want to see federal programs and extended welfare types of benefits? (cuz that IS what you will see)

Forget the preposterous assumption for the moment that you live in an isolated world that cannot be touched by a recession. To think that people who are close to you cannot be touched is quite unrealistic wouldn’t you say?

I will be the first one to say that this country, with a federally mandated drive to push consumerism to the ABSOLUTE limits, has essentially cornered itself. However I cannot sit and cheerlead us into a crash landing. Several weeks back myself and my engineering staff were laid off. We landed okay and are now gainfully employed again. How long will that last? Don’t know. Many other good engieers up in the silicon valley that I work with were laid off also. It is tough for them.

Does the country need this to survive? Perhaps. That is not my point of debate. What bugs me is the cavalier attitude. Bring it on baby. Okay man….. just keep that mindset in your memopry when a good friend or family member loses a job or suffers a hardship in the next few years.

Kewp – Besides my job job I have 3 small businesses. If you have ever run a small business then you may know how much work goes into it. Even in a good economy it is hard work. Running one in a slow economy is like… well it is really tough…let’s just leave it at that. I always encourage entrepreneur moves…it is not easy though…

SD Realtor

[drunkle]

flu:

i thought about the problem of sales after posting and rationalized that a startup is going to have a hard time in sales either way. moreso during recession, sure, but with “the right investors”, able to weather the teething period… meanwhile, you take advantage of better conditions overall to fully develop and flesh out your product.

of course, the business type and the product will make a difference. i’m assuming you’re doing a tech thing and not designer tshirts. a good idea that can doing something better or faster or cheaper.

get your investment dollars to go farther in a downturn, position yourself to take off when the economy bounces or, as you say, look overseas/across the border for immediate returns. with other potential entrepreneurs taking the safe route during the downturn, you get a leg up. with the big dogs busy shoring up capital and avoiding new or non core projects, you get a head start.

and hey, productivity during a downturn can catalyze an economic bounce. with money being cheap, with investors looking for bargains… i dunno, sounds good in my head. and assuming we’re not on the edge of armageddon… 2012 is it? you got a few years…

[drunkle]

flu:

i thought about the problem of sales after posting and rationalized that a startup is going to have a hard time in sales either way. moreso during recession, sure, but with “the right investors”, able to weather the teething period… meanwhile, you take advantage of better conditions overall to fully develop and flesh out your product.

of course, the business type and the product will make a difference. i’m assuming you’re doing a tech thing and not designer tshirts. a good idea that can doing something better or faster or cheaper.

get your investment dollars to go farther in a downturn, position yourself to take off when the economy bounces or, as you say, look overseas/across the border for immediate returns. with other potential entrepreneurs taking the safe route during the downturn, you get a leg up. with the big dogs busy shoring up capital and avoiding new or non core projects, you get a head start.

and hey, productivity during a downturn can catalyze an economic bounce. with money being cheap, with investors looking for bargains… i dunno, sounds good in my head. and assuming we’re not on the edge of armageddon… 2012 is it? you got a few years…

[drunkle]

flu:

i thought about the problem of sales after posting and rationalized that a startup is going to have a hard time in sales either way. moreso during recession, sure, but with “the right investors”, able to weather the teething period… meanwhile, you take advantage of better conditions overall to fully develop and flesh out your product.

of course, the business type and the product will make a difference. i’m assuming you’re doing a tech thing and not designer tshirts. a good idea that can doing something better or faster or cheaper.

get your investment dollars to go farther in a downturn, position yourself to take off when the economy bounces or, as you say, look overseas/across the border for immediate returns. with other potential entrepreneurs taking the safe route during the downturn, you get a leg up. with the big dogs busy shoring up capital and avoiding new or non core projects, you get a head start.

and hey, productivity during a downturn can catalyze an economic bounce. with money being cheap, with investors looking for bargains… i dunno, sounds good in my head. and assuming we’re not on the edge of armageddon… 2012 is it? you got a few years…

[drunkle]

flu:

i thought about the problem of sales after posting and rationalized that a startup is going to have a hard time in sales either way. moreso during recession, sure, but with “the right investors”, able to weather the teething period… meanwhile, you take advantage of better conditions overall to fully develop and flesh out your product.

of course, the business type and the product will make a difference. i’m assuming you’re doing a tech thing and not designer tshirts. a good idea that can doing something better or faster or cheaper.

get your investment dollars to go farther in a downturn, position yourself to take off when the economy bounces or, as you say, look overseas/across the border for immediate returns. with other potential entrepreneurs taking the safe route during the downturn, you get a leg up. with the big dogs busy shoring up capital and avoiding new or non core projects, you get a head start.

and hey, productivity during a downturn can catalyze an economic bounce. with money being cheap, with investors looking for bargains… i dunno, sounds good in my head. and assuming we’re not on the edge of armageddon… 2012 is it? you got a few years…

[Author]

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