Why do you care if the economy takes a shit? - GoFuckYourself.com

dropped9 · 09-25-2008, 07:35 PM

Its not like you have 100k on the line... Most of you still live in your moms house.

nosey · 09-25-2008, 07:41 PM

Spunky · 09-25-2008, 07:43 PM

My mutuals will go even lower

Official Babe · 09-25-2008, 07:44 PM

To tell you the truth the government should just let the cards fall without any intervention. This bailout plan is complete bullshit. The government didn't do anything to bail out the citizens when they were losing their houses, but they are helping greedy financial institutions who got themselves into their own mess...

After Shock Media · 09-25-2008, 08:20 PM

I trust my bank so the money in the accounts is not what I am worried about. Thankfully I am with a very small but highly rated bank that only did triple A prime lending etc. They are clean.

Now the concerns could/would be say a retirement portfolio that took a major hit and will continue to get hit hard for awhile. IRA is way down, stock portfolio is way down, etc.

Then lets see inflation is bound to happen which will raise the prices on everything which makes it as if people have less money anyways. Specially since nobody is getting raises.

Then everyone else who is effected will be spending much less, they are our consumers. Without consumers we earn less. Earning less = less to save for future and less to spend on services that can be cut such as design.

tony286 · 09-25-2008, 08:22 PM

what scares me is credit freezes and credit card companies start cutting open credit lines.

mynameisjim · 09-25-2008, 09:01 PM

I know you're kidding, but it's not just the possible loss of bank accounts. This can have a ripple effect and even people looking for work at Walmart will be effected.

Bad economies hurt from the bottom up, not the top down.

MetaMan · 09-25-2008, 09:02 PM

i will not have you speak about my moms house that way!

J. Falcon · 09-25-2008, 09:40 PM

Quote:

Originally Posted by nosey

CrystaliZed · 09-25-2008, 10:12 PM

Quote:

Originally Posted by Official Babe

To tell you the truth the government should just let the cards fall without any intervention. This bailout plan is complete bullshit. The government didn't do anything to bail out the citizens when they were losing their houses, but they are helping greedy financial institutions who got themselves into their own mess...

AGREED!

dropped9 · 09-26-2008, 01:45 PM

Quote:

Originally Posted by MetaMan

i will not have you speak about my moms house that way!

09-25-2008, 07:35 PM	#1
dropped9 Registered User Industry Role: Join Date: Jan 2001 Location: Your moms box Posts: 26,727	Why do you care if the economy takes a shit? Its not like you have 100k on the line... Most of you still live in your moms house.

09-25-2008, 07:41 PM	#2
nosey Talk Hard Join Date: Feb 2003 Posts: 14,413	__________________ \| Domain whois privacy Free \|\| GFY favored Hosting \| $Chaturbate \|\| FpcTraffic FPCPlugs \|\| PlugRush Traffic

09-25-2008, 07:43 PM	#3
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,930	My mutuals will go even lower __________________ *YOUR INFORMATION HERE*

09-25-2008, 08:20 PM	#5
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	I trust my bank so the money in the accounts is not what I am worried about. Thankfully I am with a very small but highly rated bank that only did triple A prime lending etc. They are clean. Now the concerns could/would be say a retirement portfolio that took a major hit and will continue to get hit hard for awhile. IRA is way down, stock portfolio is way down, etc. Then lets see inflation is bound to happen which will raise the prices on everything which makes it as if people have less money anyways. Specially since nobody is getting raises. Then everyone else who is effected will be spending much less, they are our consumers. Without consumers we earn less. Earning less = less to save for future and less to spend on services that can be cut such as design. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

09-25-2008, 09:01 PM	#7
mynameisjim Confirmed User Join Date: Aug 2007 Posts: 2,985	I know you're kidding, but it's not just the possible loss of bank accounts. This can have a ripple effect and even people looking for work at Walmart will be effected. Bad economies hurt from the bottom up, not the top down. __________________ jim (at) amateursconvert . com Amateurs Convert

09-25-2008, 07:44 PM	#4
Official Babe Registered User Join Date: Jul 2008 Posts: 96	To tell you the truth the government should just let the cards fall without any intervention. This bailout plan is complete bullshit. The government didn't do anything to bail out the citizens when they were losing their houses, but they are helping greedy financial institutions who got themselves into their own mess...

09-25-2008, 08:22 PM	#6
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	what scares me is credit freezes and credit card companies start cutting open credit lines.

09-25-2008, 09:02 PM	#8
MetaMan I AM WEB 2.0 Industry Role: Join Date: Jan 2003 Posts: 28,682	i will not have you speak about my moms house that way!