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Well I just found out that my coworker's boyfriend was laid off today, along with many of his coworkers. He worked for a small business. The owner said that given the outcome of the election, he needs to cut costs now, in order to cover the extra expense he will have under the new leadership's ecomomic plan. Needless to say, my coworker's boyfriend and the business owner are not very happy. The disastrous stock market reaction to the election is giving us clear signals as to what the future will hold for business around the country, INCLUDING here in the Triangle.
Has anyone else been told of any layoffs happening in the Triangle, resulting from the election results. Both ones that are happening now or projected going forward? I think this will be a game changer for the Triangle. I don't know if things will look the same here going forward. I wish the best of luck to everyone in the Triangle that ends up out of work.
This sounds like radicalism or just a failing business to me. The stock market's drop is most likely caused by scared Republicans who feel the sky is most certainly going to fall. One of whom is probably this business owner. I have not heard of one person being laid off at this point. And if one were to be, it would be the result of an already failing economy, not on silly projections. The market will recover, can everyone just breath. We act like this is our first recession and threads like this just fuel it along. It's amusing how everyone thinks that the election results were just supposed to fix everything and America would be a land of "chocolate rivers and gumdrop smiles". Relax, invest your money in America and not that shoebox buried in your backyard. Anyone selling stocks right now is a complete fool. Great idea, sell low! When the market recovers, and it always does, buy high. Great return!
Fortunately, your opinion doesn't trump my Constituional rights
As for everyday life, an AK is an excellent hog and deer hunting rifle as it won't jam on you like an AR would and holds enough ammunition not to have to reload constantly.
So, Switzerland is stupid for allowing high capacity assault rifles carried in supermarkets or while riding their bicycle? Seemed to work well for them when the Nazis were flatheading throughout Europe. Written reports from the 3rd Reich showed it would be too risky to try to capture and occupy Switzerland considering that many many soldiers would die attempting to do so as just about every citizen owned the equivalent of an "assault rifle". What about Finland, who also allows ownership of AKs?
Cheers!
Are you serious? Switzerland and Finland are your main example and argument for the rights to AK's?
There's a huge difference between Switzerland or Finland and the United States when it comes to gun ownership. In fact, there's a huge difference between any industrialized country with gun rights and the United States. The first, and biggest being that the U.S. is a killin' country -- we have been since this this land was inhabited. Take a look at some statistics and see how many murders take place in the U.S. vs. other countries with gun rights. It will blow you away (pun intended)...
That's why we need some more gun control in my opinion. Not banning, control. When we learn to use our guns the right way, then we can start comparing ourselves to Switzerland and Finland. Until then, it's oranges and apples.
Are you serious? Switzerland and Finland are your main example and argument for the rights to AK's?
I kinda hate to burst your bubble, but the US has a lower gun-related death rate from all sources than Finland and Switzerland. The data from this report was peer reviewed. It is a mainstream medical journal.
To summarize, the death rate per 100,000 for Switzerland, Finland, and the US is 22.8, 30.72, and 18.57. I guess us "killin' 'mericans" aint dat violent after all.
Peace.
Last edited by GOPATTA2D; 11-07-2008 at 09:30 PM..
Hate to hijack the thread which by the way makes me say hmmmmm, but when people bring up AK-47's I must defend the rifle. Some people have hobbies like reading books, going to movies, or collecting figurines. And other people like to shoot at targets either in competition or for fun. The AK-47 is one of the best target rifles made. Just a shame some criminals glamorize them. Just like the pit bull. Great dog, but in the wrong hands very dangerous. Same with guns or cars, in the wrong hands very dangerous.
By the way I don't plan on laying anyone off because Obama was elected. My accountant and I have already discussed Obama's policies and if they are implemented we will just make a few changes but everyone keeps there job. Every administration requires a buisness to make changes, adapt and be successful.
NO...the problem is the banks that gave loans to people that they knew good and well couldn't afford it (which was completely unethical) and then sold those loans to someone else who would sink when they found out these people couldn't pay up. Granted, the government had its hand in the regulations put into place, but it was the banks who went to town and ultimately made the deals - not the gov't. Good regulation can be quite effective...and sometimes it is necessary.
Some regulation does not equal socialism (in fact, that word has become quite the hot word lately, like the word terrorism). And if you think that you know the outcome of what Obama hasn't even done yet, then you should be making millions as a Fortune Teller.
It's not all or nothing. Everything requires balance.
Here is where the regulation happy liberals always go wrong. Fact - the government forced banks to give loans to minorities and low income neighborhoods by rating the banks and restricting their expansion unless they met the score required. This was done in order to foster home ownership. Nice thought, but backfired. In order to make these loans to people that did not qualify, the lending ratios had to he loosened (which allowed everyone to buy more home than they could afford) and the government had to back the loans, taking away risk from the banks, which allowed this huge snowball to get rolling downhill. Now, if the government never got involved from day one, then the banks would have always been on the hook for the loans, never would have had to give these loans and the lending ratios would not have been loosened. When the government tries to force the private sector to do one thing, an unexpected consequence always happens.
Exit MA - I had an interesting conversation with a two mortgage bankers the other day. They had just come from training - they were teaching younger bankers how to underwrite loans in the "new" environment. The older banker had attended also. LSS, the older banker made it clear that the "new" standards were the same ones he had to follow 10 years ago. Income verification, bank statements, and credit card statements. The young guy indicated he had only used FICO and signature affidavits to write most of his mortgages.
They both indicated they had plenty of money to lend for those who had good credit, and brought equity to the table. The day of 95% loans is gone. According to them, 15 to 20% will be the new norm, as it was just 10 to 15 years ago.
Well I just found out that my coworker's boyfriend was laid off today, along with many of his coworkers. He worked for a small business. The owner said that given the outcome of the election, he needs to cut costs now, in order to cover the extra expense he will have under the new leadership's ecomomic plan. Needless to say, my coworker's boyfriend and the business owner are not very happy. The disastrous stock market reaction to the election is giving us clear signals as to what the future will hold for business around the country, INCLUDING here in the Triangle.
Has anyone else been told of any layoffs happening in the Triangle, resulting from the election results. Both ones that are happening now or projected going forward? I think this will be a game changer for the Triangle. I don't know if things will look the same here going forward. I wish the best of luck to everyone in the Triangle that ends up out of work.
Well, I heard that this country has been reeling from 8 years of atrocious Republican policies. The economy has been ignored for 8 years. H-1B visa workers from India have been allowed to come here by the thousands in places like the Triangle, taking jobs from American workers, and working overtime not only at work, but to maintain a separate existence in their communities. No assimilation and no interest in it. I heard that trickle-down economics was used during this time, along with no taxes, and look what has happened. Greedy companies preferred cheap foreign labor over home-grown talent to maximize profits. No regulation either.
The election? Had nothing to do with these catastrophic results.
The economy was on its last leg before the election. That’s why George W. Bush begged the American people to go along the “Bailout”, remember?
The affects of the new administration won’t be felt on the economy until 2010 at the soonest, for better or worse.
Regardless of who won the election things are going to get worse because Americans will have to adapt to the fact that they now have to live within their means and thanks to the last administration those means have been diminished.
My guess is that GW went along with the bailout to keep the economy afloat during an election period. The bailout was changed from its origianl provisions by your beloved democrats...you know Nancy Pelosi.
Did you just say that people would have to live within their means SAY IT AIN'T SO!!! Don't tell the Obama supporters this....they might deck you...afterall it's the Gov.'s fault we are in this mess, not individuals.
I kinda hate to burst your bubble, but the US has a lower gun-related death rate from all sources than Finland and Switzerland. The data from this report was peer reviewed. It is a mainstream medical journal.
To summarize, the death rate per 100,000 for Switzerland, Finland, and the US is 22.8, 30.72, and 18.57. I guess us "killin' 'mericans" aint dat violent after all.
Peace.
The data in the actual article ranges from 1990-1994, so I don't know how things compare 14-18 years later, but I think that your numbers are off, as they don't even appear in the article. The results from the article state,
"Overall firearm mortality rates are five to six times higher in HI [high income] and UMI [upper-middle income] countries in the Americas (12.72) than in Europe (2.17), or Oceania (2.57) and 95 times higher than in Asia (0.13). The rate of firearm deaths in the United States (14.24 per 100 000) exceeds that of its economic counterparts (1.76) eightfold and that of UMI countries (9.69) by a factor of 1.5. Suicide and homicide contribute equally to total firearm deaths in the US, but most firearm deaths are suicides (71%) in HI countries and homicides (72%) in UMI countries."
"When responding countries are grouped by region, firearm mortality is highest in the Americas and lowest in Asia (Figure 2)."
Finland and Norway do have a higher number than the U.S. in suicides overall, but not in firearm suicides.
Last edited by helenejen; 11-07-2008 at 10:31 PM..
The data in the actual article ranges from 1990-1994, so I don't know how things compare 14-18 years later, but I think that your numbers are off, as they don't even appear in the article.
Hope this helps:
The table from the report. You might have missed it.
Last edited by GOPATTA2D; 11-07-2008 at 10:48 PM..
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