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Old 11-24-2008, 01:08 AM
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Location: London,UK / Tampa,FL
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Originally Posted by outsider1 View Post

and still the government is doing everything it can to stabilise house prices. house prices need to come way down and bring rent prices down with them. the properties these guys were living in are probably sitting empty while the banks, flush with govt cash, hold out for their price. it's a very similar story to the roosevelt solution of plowing over crops to stabilise food prices. the govt must get out of the way so that banks, which are having cash difficulties, are FORCED to liquidate their inventory.
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Old 11-24-2008, 01:12 AM
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Originally Posted by jbravo View Post
I have not heard the use of the word "epidemic and a correlation between crime in the US and other countries has no bearing on the thread (even if true which is debatable.)
But, higher street crime and aggression in the streets in FL as the economy goes sour is a given.
More than that, it's already happening.
i find that very scary then. not the crime, but the measures the powers that be are going to take to address it. cashless society? marshall law?RFID for everyone? it really gets the conspiracy theorist in me shaking.


YouTube - Rep. Brad Sherman Martial Law
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Old 11-24-2008, 05:38 AM
Depression 2.0 coming to a street corner near you.
 
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Well,

For awhile we were better than the national average as far as unemployment rate goes. Well thats over, Florida hit 7% in October and the national rate is 6.7%. A lot of economist thought we would hit 7 or 8 percent by next summer. So much for that theory.

link
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Old 11-24-2008, 05:46 AM
Depression 2.0 coming to a street corner near you.
 
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Originally Posted by DailyJournalist View Post
Thats very sad, these tent cities are everywhere in Florida. The lack of jobs, low wages, and high cost of living is driving many to these extremes.
the scary thing is, this is just getting started. Can you imagine what its going to look like in two years or so? I feel bad for a lot of these families.
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Old 11-24-2008, 06:04 AM
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Quote:
Originally Posted by 58robbo View Post
i find that very scary then. not the crime, but the measures the powers that be are going to take to address it. cashless society? marshall law?RFID for everyone? it really gets the conspiracy theorist in me shaking.


YouTube - Rep. Brad Sherman Martial Law
i love brad sherman. he really came out strong against these bailouts. i think that he understands human nature way better than most politicians. people resent bailouts and resentful people are capable of acting out.
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Old 11-24-2008, 06:15 AM
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Originally Posted by DailyJournalist View Post
Thats very sad, these tent cities are everywhere in Florida. The lack of jobs, low wages, and high cost of living is driving many to these extremes.
Reminds me of Miami when I was at the University of Miami in the 1980s--there was a large "cardboard box city" of homeless folks living beneath the 95/395 bridges.
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Old 11-24-2008, 08:46 AM
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Originally Posted by Tungsten_Udder View Post
Yeah, with the success it sounds like she's having in her job, I definitely agree with that.
I would be a little bit more optomistic for your daughter. To do what she did, is pretty impressive. When she goes to interview, she should definitely speak about some of the techniques she used, and her accomplishments, even if they are not looking to fill a spot, they will understand the value she brings, and probably improve things that the stores down there are experiencing. When she can save more than she costs as an employee, then the decision to hire is much easier. Also, the other consideration is safety, if she can improve that then she reduces the stores liabilities, and that has significant value as well.
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Old 11-24-2008, 01:04 PM
Depression 2.0 coming to a street corner near you.
 
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Quote:
Originally Posted by Tungsten_Udder View Post
Reminds me of Miami when I was at the University of Miami in the 1980s--there was a large "cardboard box city" of homeless folks living beneath the 95/395 bridges.
with the exception that, instead of the mentally ill we are looking at sane and rational lower middle class families.
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Old 11-24-2008, 01:25 PM
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Quote:
Originally Posted by Wild Style View Post
the scary thing is, this is just getting started. Can you imagine what its going to look like in two years or so? I feel bad for a lot of these families.
If people had the common sense to live below their means in the good times and put money away for the bad times it really wouldn't be such a problem. A friend of mine is in construction. Three years ago with O/T he was making $80K+ a year. Did he put some of that away? Of course not. He lived the life of a bachelor, bought toys, went out drinking, lived large. Now he's making $20K and having trouble paying his bills. Had he lived on $20K--even $40K--when times were good, he'd have a generous cushion to fall back on. Sorry, no sympathy here.
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Old 11-25-2008, 04:03 PM
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Depression Pete is on a distinguished road
A Recession is when you hear your neighbor was laid off and out of work!
A Depression is when YOU are out of Work!
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