seperis | so yes. this is going well

Honestly, I don't think that this is a plain cup of coffee type of situation. I think it needs some Baileys and Amaretto. Because if we are going to be screwed this hard, we might as well get drunk for it first.

I hate this whole protracted melt down thing we have going.

:: Sips coffee ::

~L

Baileys would be good here.

*eyes market*

:: pours ::

I keep glancing at the news & the only thing that I see that seems even remotely good is the price of oil... I saw a note saying it had tumbled to $100 a barrel a while ago due to demand. May it keep tumbling. One less pressure on my wallet.

~L

Well, I am not in any way an economist, but here's one finance blog claiming that today's events were not that big a deal (http://www.clusterstock.com/2008/9/market-to-feds-fine-block-bailout-it-won-t-work-anyway).

I don't even know anymore. I'm home early from work with a migraine; I caught this news just before I left work, which didn't help things any. I'm going to go crash and hope that when I wake up someone has beaten some sense into Congress.

In the meantime, have a cute puppy icon.

It might keep going down or at least stay steady - the dollar is starting to rise because people are starting towards government bonds again, pumping more more cash into the cluster-f that is our national debt.

My head hurts.

We need some big fannish cheering-up thing right about now, I think.

rageprufrock offered up her expertise to answer questions. She's been in the thick of it and has a good, calm, smart head on her shoulders. I recommend asking her!

I'm not taking money out of the bank to stick under my mattress, but I am rethinking a couple of upcoming large, optional expenses, and I'm keeping a list of things I could do without if we need to tighten our belts. The money I pay Time Warner for digital cable & internet, though, is NOT on that chart. ;)

I really hope that it goes down a bit more. While I have the room in my budget to pay for gas at over $3 a gallon, there are a lot of folks who don't. And I am really glad that the Hubby's truck also takes E85, which happens to be a lot cheaper out here.

~L

Yeah, I am with you on the last point. The internet is not a luxury. It is a necessity.

~L

Lubeless, multi-character tentacled furry hentai.

Wait, um... okay, so maybe that's not actually /worse/...

Bailout Challenge! (http://lydiabell.livejournal.com/54557.html)

It depends really on where you are in your life as to how much it's going to affect you personally, and that's what most of us are concerned with obviously.

If you can make all of your credit payments, whether they be a mortgage or credit cards etc, you're golden as long as your job doesn't fall through.

If you're debt free, I want your secret.

Honestly the people who will be hurt most by this are those people who were barely scraping by to begin with, they will continue to suffer, even if they pass this bill, it won't trickle down immediately.

However, all creditors have the option to call due, at any time for any reason, all or any portion that they deem fit, of the credit they extended to a borrower.

In other words, if you have a car loan, they can send you a letter that says you have 60 days to pay such and such amount or we come take your car. That is, of course, the extreme case of a total financial collapse. Total collapse could happen, it's a very real possibility, but I honestly think it will be resolved before then.

Does that make any sense? I was in the loan (mortgage, commercial and consumer) dept. of a bank once upon a time. All those rules stick with you, it's all in the fine print that none of us read and should.

I'm avoiding all of this so I won't cry, and reading Moonlight Wank: Part Two on FW.

You know, all of those people there who scoffed at $11k last time, I wonder if they still feel the same way now?

I LOVE YOU OMG.

minotaur pointed out a piece of BS in the form of the Orphan Works bill (http://minotaurs.livejournal.com/306609.html). Which is basically big companies scrambling to pillage our copyrights to cover their asses. I for one would like to retain future self-employment, and this needs action right now.

Right up there with a roof over my head!

Here's my opinion about all this, but I am not an expert (on anything) by any means.

Economics (on national levels) goes through fairly predictable cycles based on the supply of resources and the length of wars, however; the longest republic (or democracy) lasted less than 400 years way back in antiquity, so, frankly? Another great depression (in which, this time, most citizens do not have "common sense" survival skills like sewing, gardening, soap-making, canning, and saving/reusing, etc.) is due, and it will be bad. Speaking of what, based on cycles, is due: another social revolution/counterculture movement, which, if the fundies get any more psycho, could lead to a state's rights/civil liberties "war" at home.

I doubt organized fighting on US soil would ever happen again (in our lifetimes), but, an economic meltdown and a huge division between ideologies leaves us very vulnerable to an outside takeover--be it with a new currency, debt holders, religious icons, etc. No one is going to invade America; it's much easier to sit back and watch us destroy ourselves, then come in as a savior, until we are, essentially, naturalized to the new culture.

I mean, all conflicts arise over possessions and a sense of entitlement (I'm entitled to this land/wealth/title/bride/legal right/respect/service, so I will fight you to get it.) Whoever controls the most resources controls the people who need them, and, thanks to spectacular mismanagement, at the very least, I don't think we will be the world's "superpower" for much longer, if we even still are...

But I don't panic (b/c that will just make it worse). This is history repeating itself, as far as I'm concerned, and, looking at the big picture, I feel like we've been cursed to live in interesting times. So long as people hold firmly to the core fabric of their ideal behaviors (ex: don't kill, don't steal, don't press the big red button), these hard times ahead very well might teach us to be better consumers and stewards of nature. Or will could all kill each other as we crawl all over our honor and ideals in the fight to eek out a mere survival until the planet goes boom.

With choices like enlightenment or extinction, I find it best not to even bother planning ahead... ~_^ Not to sound nonchalant, b/c, yes, devastating consequences seem eminent, but... You are never lost, b/c, wherever you go in the world, there you ARE. Poor or drowning in opulence, you are still YOU. No suffering or pleasure is ever permanent. Ages of darkness and enlightenment are bound to happen. And as long as education, exposure, and experience are part of everyday people's lives, we can think our way out of a box (like FDR's New Deal) and remember what we have in common (the enemy of my enemy is my friend), etc. etc. and, hopefully, hang onto our humanity until the big asteroid comes along and Bruce Willis can no longer save us...

Mortgage, electricity, water, food, internet, cars, insurance... Am I forgetting anything?

~L

Holy crap! Well I know what my new goal is. To not have as little debt as possible

Geez!

~L

It makes me nervous to work in retail.

I'm beginning to wonder if this is all part of the bank I work for's secret plan to take over the world since we're not included in the bail outs (yet).

How screwed are we? On a scale from gen to lubeless multi-character hentai?

The most awesome comment I've seen about this whole mess to date. *g*

There's a part two now? Score.

That's pretty bitchin'. :D

See my LJ.

I heard at 4:45.

I had Scotch in the glass at 5:02.

so yes. this is going well

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