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#91
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Debt is a tool of the economy. Used with certain constraints it works well. Used irresponsibly it is otherwise. It always extracts a price to some extent. At one time serious laws dictated it's application. Man was smart enough to realise the dangers of loose credit policies at one time. To enable the tool to still work usage fees(interest) have been reduced to the lowest level possible today. This has to be further upsetting the applecart. The financial component of our society is just too large I suspect. Also this has fueled unrealistic expectations for too many. There has been a lot of brainwashing applied over many years to reach this point in time. Credit commitments are still growing in Canada by both individuals and governments even though the finance minister has appealed for people to cool down a little in their percieved needs and wants many times. |
#92
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__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#93
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At least Larry promotes being a good tax paying citizen, all Obama and his minions do is buy votes from the greenies and the unions and the moochers. They all have one thing mostly in common, they have never known what it's like to meet payroll every pay period while facing the uncertain future made worse every day by the left wing nut jobs. A great first step towards recovery would be to eliminate the unions, the teachers strike a few weeks ago was a prime example of moochers gone wild.
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"I was a dirty bird, Carol's not grungey - she's *****in" John Milner....American Graffiti |
#94
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"I was a dirty bird, Carol's not grungey - she's *****in" John Milner....American Graffiti |
#95
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What recession? I can't put concrete in the ground fast enough at the moment.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#96
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I am a capitalist myself, what I find offensive is an attitude that takes glee in other people's suffering.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#97
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Last edited by barry123400; 10-04-2012 at 12:14 AM. |
#98
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That is one problem in this economy. It does seem to vary a lot more from individual to individual or from area to area than usual. Detroit for example has been hit with a sledge hammer. There have to be many other areas as well seriously impacted. It is doubtful if you would be pouring a lot of concrete in many of them. |
#99
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to where it was and I guarantee you will have a depression. |
#100
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That post was two years ago. But, I live not too far from him, and I can tell you; this area is so poor that nobody who lives here can tell the difference.
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Remember, Safety Third! '99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA |
#101
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My family was foreclosed on in the early 1990s due to some bad decisions on my father's part. Everyone survived and ended up wealthier than before; it's just business. |
#102
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I get it. If I feel really bad about kicking grandma out of the tenement onto the winter streets to sell matches, then it's okay!
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#103
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No compassion for others in lesser circumstances is shortsighted. Most people that do okay in a complex way extracted it from others..This is part and parcel of the so called capitalist system.
When it gets down to some people really suffering from it is another thing. We are not all created equal is the reality. You cannot in most cases blame the poor for being poor. I personally feel it is far more complex issue than that. At the same time I am not proposing a total change of system. There is plenty of evidence that the current one in north america could stand some serious work though. That people suffered today mattering a hundred years from now may or may not matter one way or another. So why allow the suffering now? How will history percieve the way we acted and functioned as a society in our times I wonder. In fact serious well thought out efforts to erradicte some of the more serious issues could help drive the new economy. This every man for himself is not working out that awfully well in my opinion. If money has not been made an almost absolute god I do not know what has. How an item of exchange evolved into what it has become raises other serious questions as well. It todays world the expression it's all about money has too much sway. The attempts to expand the meaning further damages too many people. Last edited by barry123400; 10-04-2012 at 01:16 PM. |
#104
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Just say "NO" to Ethanol - Drive Diesel Mitchell Oates Mooresville, NC '87 300D 212K miles '87 300D 151K miles - R.I.P. 12/08 '05 Jeep Liberty CRD 67K miles Grumpy Old Diesel Owners Club |
#105
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I imagine we are over 10% around here too.
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Jim |
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