reply to post by Observor
I don't have so much debt, that I need gimmicks in order to make the payments???
ya, the value of assetts are inflated....
but here is what else will happen...is happening!!!
the cost of my electricity will go up, my food, my gas for the car, everything will go up!!!
and well, the cost my boss incurs...for felt, for the ink, for electricity, for everything will go up!!!
which will make him have to increase price that he has to charge for the product we produce.....I might add, in an environment that is just about
demanding he find a wys to lower that cost!!!
so, well, will he also need about 50 employees demanding raises so they can keep up with that inflation..on top of the increased production cost,
while dealing with the demand from the great he who grants us the right to use the logos and such that we produce more and charge less???
no, I don't think so!!
it will put him under. it will put many of the seniors under, it will put alot of us under!!!
ya. some will make out, and ya, there are things you can do now to offset the effect....
but, the biggest winners will be the ones who are invested the non paper assetts, land homes, metals, ect...
and well some stocks, but just about every company will be dealing with much the same as I described concerning my company....so, many will find that
their inflated stocks are gonna pop overnight leaving them worth pennies if that!!!
and still...our gov't is spending like there is no tomorrow!!!
I'm tired of hearing how I am not responsible...
I mean, I go to work everyday, even if I am crapping blood, and do my job, pay my bills, make due with what I have the best I can....have one credit
card with less than half the available credit still available...try to keep it less that that, but at the moment that's where it is!! bought a home
that over 70 years old, still in good shape and will probably outlive all those mc mansions that people were paying small fortunes for.....
and I am watching my gov't act like a bunch of kids in a candy store!!!! banks that are just out to scam more, like they ain't got enough now!! and
ya know what??? when the bankers call their holiday, I am taking one also..... heck with it!!! I'll even give my boss a break and not take any
vacation days, or sick days, or personal days for it!!! we can live on the canned soup that we have stocked up for awhile and the gov't can go
without the tax dollars that I would have generated!! and well, the bills won't be paid till the bankers come back from their nice holiday, with the
new currency to rip us all off again!!!
by the way, you sure that the banks paid back the bailout?? seems to me, that it was more like they dumbed their toxic assets onto fannie and freddie,
and along with the fed giving them money secretly, well, they came up with the money to pay them back...and we are still bailing out fannie and
well......I think it might have been an illusion that they paid the money back....
I'll do a little searching and find some articles to back this up with, but pretty sure that was just and illusion....we gave them the money to pay
back to us!!!
and they probably wouldn't have done that if the gov't hadn't started sticking their noses and claiming that they had a right to interfer with their
nice big bonuses!!!
edit on 15-2-2012 by dawnstar because: (no reason given)