Fed cuts .5% yet again…

[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…

[patientlywaiting]

I personally like slow growth times. I did well in the early to mid 1990s. In those times, only the very best succeed.

Due to my conservative nature, I don’t like boom times where the tides lift all boats.

For example, I would never offer on a house upon first viewing. In my opinion, people who bought sight unseen and made money did not deserve it. They just got lucky.

The dot.com boom was just ludicrous. It was all hype. And so was the Y2K deal. I knew nothing would happen and nothing did. BTW, the Fed injected massive liquidity into the banking system to avoid a crash at that time. And every tech firm was hawking Y2K consulting. I resisted a much as I could but had to spend money to “insure” against the Y2K bug. Ridiculous! What was wrong with shutting down the computers for one day a taking a day off?

I’ve come to beleive that all the “new paradigms” are marketing hypes that end up in big crashes.

I’m all for a hard recession to reset our national priorities. Let’s get back to sustainable growth based on real productivity. Vaporware needs to die once and for all.

And, yes, let’s slash government spending. The bureaucrats got fat and lazy during the good times also. Public spending needs to be re-adjusted to provide real value.

Personally, I’ve got nothing to worry about. I’ve got no debt and hardly any expenses. I’m not boasting here. But it’s about time that financially responsible folks got some recognition in this country.

[patientlywaiting]

I personally like slow growth times. I did well in the early to mid 1990s. In those times, only the very best succeed.

Due to my conservative nature, I don’t like boom times where the tides lift all boats.

For example, I would never offer on a house upon first viewing. In my opinion, people who bought sight unseen and made money did not deserve it. They just got lucky.

The dot.com boom was just ludicrous. It was all hype. And so was the Y2K deal. I knew nothing would happen and nothing did. BTW, the Fed injected massive liquidity into the banking system to avoid a crash at that time. And every tech firm was hawking Y2K consulting. I resisted a much as I could but had to spend money to “insure” against the Y2K bug. Ridiculous! What was wrong with shutting down the computers for one day a taking a day off?

I’ve come to beleive that all the “new paradigms” are marketing hypes that end up in big crashes.

I’m all for a hard recession to reset our national priorities. Let’s get back to sustainable growth based on real productivity. Vaporware needs to die once and for all.

And, yes, let’s slash government spending. The bureaucrats got fat and lazy during the good times also. Public spending needs to be re-adjusted to provide real value.

Personally, I’ve got nothing to worry about. I’ve got no debt and hardly any expenses. I’m not boasting here. But it’s about time that financially responsible folks got some recognition in this country.

[patientlywaiting]

I personally like slow growth times. I did well in the early to mid 1990s. In those times, only the very best succeed.

Due to my conservative nature, I don’t like boom times where the tides lift all boats.

For example, I would never offer on a house upon first viewing. In my opinion, people who bought sight unseen and made money did not deserve it. They just got lucky.

The dot.com boom was just ludicrous. It was all hype. And so was the Y2K deal. I knew nothing would happen and nothing did. BTW, the Fed injected massive liquidity into the banking system to avoid a crash at that time. And every tech firm was hawking Y2K consulting. I resisted a much as I could but had to spend money to “insure” against the Y2K bug. Ridiculous! What was wrong with shutting down the computers for one day a taking a day off?

I’ve come to beleive that all the “new paradigms” are marketing hypes that end up in big crashes.

I’m all for a hard recession to reset our national priorities. Let’s get back to sustainable growth based on real productivity. Vaporware needs to die once and for all.

And, yes, let’s slash government spending. The bureaucrats got fat and lazy during the good times also. Public spending needs to be re-adjusted to provide real value.

Personally, I’ve got nothing to worry about. I’ve got no debt and hardly any expenses. I’m not boasting here. But it’s about time that financially responsible folks got some recognition in this country.

[patientlywaiting]

I personally like slow growth times. I did well in the early to mid 1990s. In those times, only the very best succeed.

Due to my conservative nature, I don’t like boom times where the tides lift all boats.

For example, I would never offer on a house upon first viewing. In my opinion, people who bought sight unseen and made money did not deserve it. They just got lucky.

The dot.com boom was just ludicrous. It was all hype. And so was the Y2K deal. I knew nothing would happen and nothing did. BTW, the Fed injected massive liquidity into the banking system to avoid a crash at that time. And every tech firm was hawking Y2K consulting. I resisted a much as I could but had to spend money to “insure” against the Y2K bug. Ridiculous! What was wrong with shutting down the computers for one day a taking a day off?

I’ve come to beleive that all the “new paradigms” are marketing hypes that end up in big crashes.

I’m all for a hard recession to reset our national priorities. Let’s get back to sustainable growth based on real productivity. Vaporware needs to die once and for all.

And, yes, let’s slash government spending. The bureaucrats got fat and lazy during the good times also. Public spending needs to be re-adjusted to provide real value.

Personally, I’ve got nothing to worry about. I’ve got no debt and hardly any expenses. I’m not boasting here. But it’s about time that financially responsible folks got some recognition in this country.

[patientlywaiting]

I personally like slow growth times. I did well in the early to mid 1990s. In those times, only the very best succeed.

Due to my conservative nature, I don’t like boom times where the tides lift all boats.

For example, I would never offer on a house upon first viewing. In my opinion, people who bought sight unseen and made money did not deserve it. They just got lucky.

The dot.com boom was just ludicrous. It was all hype. And so was the Y2K deal. I knew nothing would happen and nothing did. BTW, the Fed injected massive liquidity into the banking system to avoid a crash at that time. And every tech firm was hawking Y2K consulting. I resisted a much as I could but had to spend money to “insure” against the Y2K bug. Ridiculous! What was wrong with shutting down the computers for one day a taking a day off?

I’ve come to beleive that all the “new paradigms” are marketing hypes that end up in big crashes.

I’m all for a hard recession to reset our national priorities. Let’s get back to sustainable growth based on real productivity. Vaporware needs to die once and for all.

And, yes, let’s slash government spending. The bureaucrats got fat and lazy during the good times also. Public spending needs to be re-adjusted to provide real value.

Personally, I’ve got nothing to worry about. I’ve got no debt and hardly any expenses. I’m not boasting here. But it’s about time that financially responsible folks got some recognition in this country.

[Coronita]

patientlywaiting,

With all due respect, mind if I ask what you or your business does that would allow you to do well in slow economies but not "even better" in good economy?

I can think of a few businesses that would be this case, like repo/auction houses, collection agencies perhaps. But what specifically do you do that allows you to be "better" off in a downturn economy?

 

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

—– Sour grapes for everyone!

[Coronita]

patientlywaiting,

With all due respect, mind if I ask what you or your business does that would allow you to do well in slow economies but not "even better" in good economy?

I can think of a few businesses that would be this case, like repo/auction houses, collection agencies perhaps. But what specifically do you do that allows you to be "better" off in a downturn economy?

 

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

—– Sour grapes for everyone!

[Coronita]

patientlywaiting,

With all due respect, mind if I ask what you or your business does that would allow you to do well in slow economies but not "even better" in good economy?

I can think of a few businesses that would be this case, like repo/auction houses, collection agencies perhaps. But what specifically do you do that allows you to be "better" off in a downturn economy?

 

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

—– Sour grapes for everyone!

[Coronita]

patientlywaiting,

With all due respect, mind if I ask what you or your business does that would allow you to do well in slow economies but not "even better" in good economy?

I can think of a few businesses that would be this case, like repo/auction houses, collection agencies perhaps. But what specifically do you do that allows you to be "better" off in a downturn economy?

 

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

—– Sour grapes for everyone!

[Coronita]

patientlywaiting,

With all due respect, mind if I ask what you or your business does that would allow you to do well in slow economies but not "even better" in good economy?

I can think of a few businesses that would be this case, like repo/auction houses, collection agencies perhaps. But what specifically do you do that allows you to be "better" off in a downturn economy?

 

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

—– Sour grapes for everyone!

[temeculaguy]

FLU, no apology needed, just that it wasn’t directed at me is enough. Like the other fiscal conservatives have expressed, I hate bubbles, they are counterproductive to good planning. In a perfect world housing would have gone up 5% a year, stocks and commodities too. It’s the drastic swings up and down that screw things up, because despite what anyone says, equilibrium cannot be denied. Speaking of history, no matter how many books we read, everyone has to experience a bubble in order to spot one. I also experienced a meticulous clock cleansing in the dot com bubble and it was that lesson that served me well in the R/E bubble, hopefully today’s bubble victim will see the next one coming and act accordingly.

[temeculaguy]

FLU, no apology needed, just that it wasn’t directed at me is enough. Like the other fiscal conservatives have expressed, I hate bubbles, they are counterproductive to good planning. In a perfect world housing would have gone up 5% a year, stocks and commodities too. It’s the drastic swings up and down that screw things up, because despite what anyone says, equilibrium cannot be denied. Speaking of history, no matter how many books we read, everyone has to experience a bubble in order to spot one. I also experienced a meticulous clock cleansing in the dot com bubble and it was that lesson that served me well in the R/E bubble, hopefully today’s bubble victim will see the next one coming and act accordingly.

[temeculaguy]

FLU, no apology needed, just that it wasn’t directed at me is enough. Like the other fiscal conservatives have expressed, I hate bubbles, they are counterproductive to good planning. In a perfect world housing would have gone up 5% a year, stocks and commodities too. It’s the drastic swings up and down that screw things up, because despite what anyone says, equilibrium cannot be denied. Speaking of history, no matter how many books we read, everyone has to experience a bubble in order to spot one. I also experienced a meticulous clock cleansing in the dot com bubble and it was that lesson that served me well in the R/E bubble, hopefully today’s bubble victim will see the next one coming and act accordingly.

[temeculaguy]

FLU, no apology needed, just that it wasn’t directed at me is enough. Like the other fiscal conservatives have expressed, I hate bubbles, they are counterproductive to good planning. In a perfect world housing would have gone up 5% a year, stocks and commodities too. It’s the drastic swings up and down that screw things up, because despite what anyone says, equilibrium cannot be denied. Speaking of history, no matter how many books we read, everyone has to experience a bubble in order to spot one. I also experienced a meticulous clock cleansing in the dot com bubble and it was that lesson that served me well in the R/E bubble, hopefully today’s bubble victim will see the next one coming and act accordingly.

[Author]

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