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nostradamus
ParticipantSame to you! I spent a white Xmas on the slopes in Colorado, they had a record Xmas snowfall!
The day I returned I discovered two shocking events: Benazir Bhutto was assassinated and RatherOpinionated has left the blog! Needless to say I was devastated by the news.
[img_assist|nid=5978|title=(Associated Press)|link=node|align=left|width=466|height=349]
A grieving man mourns the loss of RatherOpinionated, whose thoughtful insights ranged from “Please rent this college area house” to “you are all bitter renters”.[img_assist|nid=5979|title=(Newswire)|link=node|align=left|width=466|height=345]
Supporters of RatherOpinionated take to the streets of San Diego, burning foreclosure signs, clashing with riot police, and chanting “The bottom is here, down with bitter renters!”
[img_assist|nid=5980|title=(Interpol)|desc=|link=node|align=left|width=466|height=374]
Nostradamus bitterly rides the lift at Vail, ignorant to the assassination of Benazir Bhutto and the departure of one of Piggington’s most beloved and intelligent posters, RatherOpinionated.December 23, 2007 at 9:55 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123394ParticipantWhat I don’t get is how they can call it “consumer spending” when the consumer isn’t spending, the credit card company is! I think a true measure of consumer spending should only count when the *consumer* is truly the one spending their own money, not putting it on credit. Am I crazy?
December 23, 2007 at 9:55 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123541ParticipantWhat I don’t get is how they can call it “consumer spending” when the consumer isn’t spending, the credit card company is! I think a true measure of consumer spending should only count when the *consumer* is truly the one spending their own money, not putting it on credit. Am I crazy?
December 23, 2007 at 9:55 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123564ParticipantWhat I don’t get is how they can call it “consumer spending” when the consumer isn’t spending, the credit card company is! I think a true measure of consumer spending should only count when the *consumer* is truly the one spending their own money, not putting it on credit. Am I crazy?
December 23, 2007 at 9:55 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123623ParticipantWhat I don’t get is how they can call it “consumer spending” when the consumer isn’t spending, the credit card company is! I think a true measure of consumer spending should only count when the *consumer* is truly the one spending their own money, not putting it on credit. Am I crazy?
December 23, 2007 at 9:55 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123642ParticipantWhat I don’t get is how they can call it “consumer spending” when the consumer isn’t spending, the credit card company is! I think a true measure of consumer spending should only count when the *consumer* is truly the one spending their own money, not putting it on credit. Am I crazy?
ParticipantSame here, I had a hard time buying a Mazda (even though I needed it and haven’t bought a new car in 10 years) yet I know waitresses and receptionists who drive brand-new BMWs. I cannot fathom where this ability to turn a blind eye on basic financials comes from. I think it would be a great project for a psych major to study this modern phenomenon. Is it a testament to the success of marketing techniques? Or are people just getting worse at math? Do they have a sense of entitlement? Are they expecting a bailout or a rich prince charming to come along to foot the bill?
ParticipantSame here, I had a hard time buying a Mazda (even though I needed it and haven’t bought a new car in 10 years) yet I know waitresses and receptionists who drive brand-new BMWs. I cannot fathom where this ability to turn a blind eye on basic financials comes from. I think it would be a great project for a psych major to study this modern phenomenon. Is it a testament to the success of marketing techniques? Or are people just getting worse at math? Do they have a sense of entitlement? Are they expecting a bailout or a rich prince charming to come along to foot the bill?
ParticipantSame here, I had a hard time buying a Mazda (even though I needed it and haven’t bought a new car in 10 years) yet I know waitresses and receptionists who drive brand-new BMWs. I cannot fathom where this ability to turn a blind eye on basic financials comes from. I think it would be a great project for a psych major to study this modern phenomenon. Is it a testament to the success of marketing techniques? Or are people just getting worse at math? Do they have a sense of entitlement? Are they expecting a bailout or a rich prince charming to come along to foot the bill?
ParticipantSame here, I had a hard time buying a Mazda (even though I needed it and haven’t bought a new car in 10 years) yet I know waitresses and receptionists who drive brand-new BMWs. I cannot fathom where this ability to turn a blind eye on basic financials comes from. I think it would be a great project for a psych major to study this modern phenomenon. Is it a testament to the success of marketing techniques? Or are people just getting worse at math? Do they have a sense of entitlement? Are they expecting a bailout or a rich prince charming to come along to foot the bill?
ParticipantSame here, I had a hard time buying a Mazda (even though I needed it and haven’t bought a new car in 10 years) yet I know waitresses and receptionists who drive brand-new BMWs. I cannot fathom where this ability to turn a blind eye on basic financials comes from. I think it would be a great project for a psych major to study this modern phenomenon. Is it a testament to the success of marketing techniques? Or are people just getting worse at math? Do they have a sense of entitlement? Are they expecting a bailout or a rich prince charming to come along to foot the bill?
ParticipantIt must be these consumers doing the spending:
http://www.cbsnews.com/stories/2007/12/23/business/main3643715.shtml
ParticipantIt must be these consumers doing the spending:
http://www.cbsnews.com/stories/2007/12/23/business/main3643715.shtml
ParticipantIt must be these consumers doing the spending:
http://www.cbsnews.com/stories/2007/12/23/business/main3643715.shtml
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