[stockstradr]

so…if we are going into a recession…how best to we prepare for it?

This very weekend my wife and I are going through ALL our expenses. We are not rich people.

We are starting with the prudent assumption that at least one of us probably could lose our job during next eighteen months due to lay offs.

We are cutting out every non-essential housing expense from Sat TV, to expensive foods, to not using the AC. I’m embarrassed to write that it took fear of recession for me to finally this weekend replace every incandescent light in the house with low-power compact florescent bulbs. I should have done that years ago!

I’m starting to ride bike to the snail rail (Silicon Valley’s lame mass transit) then ride that to work each day instead of drive. It was costing me $350/month to drive to work.

Fortunately we are NONtypical Americans in that we: 1) have NO DEBT load, except for a $800/mnth mortgage payment for our China home. 2) Don’t have a big fat USA mortgage payment; we rent. 3) Dual-income earning family.

Our personal challenge is that we have only some cash easily accessible in our bank accounts; the rest is locked in ROTH and 401K.

I believe CA max unemployment payment is about $1800/month, assuming your salary prior to lay off was high enough.

[stockstradr]

so…if we are going into a recession…how best to we prepare for it?

This very weekend my wife and I are going through ALL our expenses. We are not rich people.

We are starting with the prudent assumption that at least one of us probably could lose our job during next eighteen months due to lay offs.

We are cutting out every non-essential housing expense from Sat TV, to expensive foods, to not using the AC. I’m embarrassed to write that it took fear of recession for me to finally this weekend replace every incandescent light in the house with low-power compact florescent bulbs. I should have done that years ago!

I’m starting to ride bike to the snail rail (Silicon Valley’s lame mass transit) then ride that to work each day instead of drive. It was costing me $350/month to drive to work.

Fortunately we are NONtypical Americans in that we: 1) have NO DEBT load, except for a $800/mnth mortgage payment for our China home. 2) Don’t have a big fat USA mortgage payment; we rent. 3) Dual-income earning family.

Our personal challenge is that we have only some cash easily accessible in our bank accounts; the rest is locked in ROTH and 401K.

I believe CA max unemployment payment is about $1800/month, assuming your salary prior to lay off was high enough.

[stockstradr]

so…if we are going into a recession…how best to we prepare for it?

This very weekend my wife and I are going through ALL our expenses. We are not rich people.

We are starting with the prudent assumption that at least one of us probably could lose our job during next eighteen months due to lay offs.

We are cutting out every non-essential housing expense from Sat TV, to expensive foods, to not using the AC. I’m embarrassed to write that it took fear of recession for me to finally this weekend replace every incandescent light in the house with low-power compact florescent bulbs. I should have done that years ago!

I’m starting to ride bike to the snail rail (Silicon Valley’s lame mass transit) then ride that to work each day instead of drive. It was costing me $350/month to drive to work.

Fortunately we are NONtypical Americans in that we: 1) have NO DEBT load, except for a $800/mnth mortgage payment for our China home. 2) Don’t have a big fat USA mortgage payment; we rent. 3) Dual-income earning family.

Our personal challenge is that we have only some cash easily accessible in our bank accounts; the rest is locked in ROTH and 401K.

I believe CA max unemployment payment is about $1800/month, assuming your salary prior to lay off was high enough.

[stockstradr]

I don’t even consider her a democrat. She’s a loyal republican who passes herself off as a democrat.

She’s such a dishonor to her voters. I cannot begin to express my distaste for her.

Worst of her crimes is that she was a WILLING and ACTIVE participant in Bush’s two-term campaign to totally control this country from the White House through fear, and stoking the flames of nationalism (to use as a weapon against all AMERICANS who oppose him)

(some people have a word for the political system Bush has pushed this country towards. The word is “fascism.”)

Feistein is a DISGRACE.

[stockstradr]

I don’t even consider her a democrat. She’s a loyal republican who passes herself off as a democrat.

She’s such a dishonor to her voters. I cannot begin to express my distaste for her.

Worst of her crimes is that she was a WILLING and ACTIVE participant in Bush’s two-term campaign to totally control this country from the White House through fear, and stoking the flames of nationalism (to use as a weapon against all AMERICANS who oppose him)

(some people have a word for the political system Bush has pushed this country towards. The word is “fascism.”)

Feistein is a DISGRACE.

[stockstradr]

I don’t even consider her a democrat. She’s a loyal republican who passes herself off as a democrat.

She’s such a dishonor to her voters. I cannot begin to express my distaste for her.

Worst of her crimes is that she was a WILLING and ACTIVE participant in Bush’s two-term campaign to totally control this country from the White House through fear, and stoking the flames of nationalism (to use as a weapon against all AMERICANS who oppose him)

(some people have a word for the political system Bush has pushed this country towards. The word is “fascism.”)

Feistein is a DISGRACE.

[stockstradr]

I don’t even consider her a democrat. She’s a loyal republican who passes herself off as a democrat.

She’s such a dishonor to her voters. I cannot begin to express my distaste for her.

Worst of her crimes is that she was a WILLING and ACTIVE participant in Bush’s two-term campaign to totally control this country from the White House through fear, and stoking the flames of nationalism (to use as a weapon against all AMERICANS who oppose him)

(some people have a word for the political system Bush has pushed this country towards. The word is “fascism.”)

Feistein is a DISGRACE.

[stockstradr]

I don’t even consider her a democrat. She’s a loyal republican who passes herself off as a democrat.

She’s such a dishonor to her voters. I cannot begin to express my distaste for her.

Worst of her crimes is that she was a WILLING and ACTIVE participant in Bush’s two-term campaign to totally control this country from the White House through fear, and stoking the flames of nationalism (to use as a weapon against all AMERICANS who oppose him)

(some people have a word for the political system Bush has pushed this country towards. The word is “fascism.”)

Feistein is a DISGRACE.

[stockstradr]

Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.

As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!

It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms

Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)

Wake up America to this scam.

[stockstradr]

Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.

As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!

It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms

Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)

Wake up America to this scam.

[stockstradr]

Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.

As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!

It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms

Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)

Wake up America to this scam.

[stockstradr]

Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.

As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!

It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms

Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)

Wake up America to this scam.

[stockstradr]

Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.

As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!

It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms

Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)

Wake up America to this scam.

[stockstradr]

I’m a liberal. No apologies. I’m voting for Obama.

However, I think Obama lost that debate…yet he lost it by a close margin; he didn’t lose big.

Obama had SO MUCH material to use to go direct attack mode on McCain, but Obama held back. And McCain put Obama on the ropes early and Obama couldn’t move off the ropes and found himself simply defending himself for much of the debate.

EXAMPLE: McCain was EFFECTIVE with his pork-barrel spending attack against Obama, and positioning himself (McCain) as fiscally conservative with voter’s tax dollars. Now that is a lie and totally absurd for a Republican who’s closely supported much of the Bush administration massive spending to claim he’s a fiscally conservative. But it doesn’t matter because McCain was very effective spinning that lie (McCain fiscal conservative, Obama pork barrel spender) during the debate.

[stockstradr]

I’m a liberal. No apologies. I’m voting for Obama.

However, I think Obama lost that debate…yet he lost it by a close margin; he didn’t lose big.

Obama had SO MUCH material to use to go direct attack mode on McCain, but Obama held back. And McCain put Obama on the ropes early and Obama couldn’t move off the ropes and found himself simply defending himself for much of the debate.

EXAMPLE: McCain was EFFECTIVE with his pork-barrel spending attack against Obama, and positioning himself (McCain) as fiscally conservative with voter’s tax dollars. Now that is a lie and totally absurd for a Republican who’s closely supported much of the Bush administration massive spending to claim he’s a fiscally conservative. But it doesn’t matter because McCain was very effective spinning that lie (McCain fiscal conservative, Obama pork barrel spender) during the debate.

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