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Unread 08-24-2011, 08:58 PM
 
1,488 posts, read 737,060 times
Reputation: 565
Quote:
Originally Posted by mb919 View Post
Ummm.... unless you work for a government contractor, isn't that illegal too? Only the government gets to peddle in arms and weapons to kill people.
Not nessicarily illegal if you operate over seas as long as you operate on the manufacture side and not on sales and distribution. If you are on the sales end you could get killed. Legal and Illegal gets blurred once you leave the USA and europe. Lots of money in it but you have to know what your doing.

 
Unread 08-25-2011, 01:33 PM
 
Location: Pacific Northwest
984 posts, read 362,896 times
Reputation: 1202
Quote:
Originally Posted by TVandSportsGuy View Post
I can just imagine living at home right now without a job with no clear sign of me ever leaving her house anytime soon and having to deal with

my mom asking how is the job search going and do I have any interviews scheduled

my mom watching me constantly to make sure I'm looking for a job everyday just in case she needs a reason to say I'm sponging off her and don't want to work

me and my mom arguing about me not finding a job and I explaining to her about the economy and me storming out of the house
No spit !!!

The problem with the older generations is that most of them are reasonably secure so they don't SEE the economy as it is. It does get annoying having to remind them.

The problem increases exponentially the wealthier a person is.

Also, something these same people don't seem to notice is the problem of the illegal influx taking many of our jobs.

Even my mother realizes the impact they have had (having been outsourced from her computer programming job and now working at a Squal*mart), but some wealthy family friends of hers in California (in CALIFORNIA !!!!) acted like it was news to them when she complained to them about it. Arrrghhh...how clueless can you get ???
 
Unread 08-25-2011, 07:14 PM
 
823 posts, read 291,277 times
Reputation: 855
Quote:
Originally Posted by Bandon View Post
No spit !!!

The problem with the older generations is that most of them are reasonably secure so they don't SEE the economy as it is. It does get annoying having to remind them.

The problem increases exponentially the wealthier a person is.

Also, something these same people don't seem to notice is the problem of the illegal influx taking many of our jobs.

Even my mother realizes the impact they have had (having been outsourced from her computer programming job and now working at a Squal*mart), but some wealthy family friends of hers in California (in CALIFORNIA !!!!) acted like it was news to them when she complained to them about it. Arrrghhh...how clueless can you get ???
I totally agree. Most baby boomers accuse the young and out of work of being lazy. I was in McDonalds eating off the dollar menu and I heard a conversation between several older individuals. They were complaining about young people who are out of work. They were saying that they must be lazy and not want to work and yadda, yadda, yadda, you all know how the conversation went.

Toward the end of the conversation these older people were talking about what they did to find jobs. They worked in factories that are currently in MEXICO right now. Then, they wonder why young people can't find jobs.:th ink:
 
Unread 08-25-2011, 07:48 PM
 
Location: Philadelphia, PA
26,640 posts, read 12,940,630 times
Reputation: 5300
Quote:
Originally Posted by redroses777 View Post
I totally agree. Most baby boomers accuse the young and out of work of being lazy. I was in McDonalds eating off the dollar menu and I heard a conversation between several older individuals. They were complaining about young people who are out of work. They were saying that they must be lazy and not want to work and yadda, yadda, yadda, you all know how the conversation went.

Toward the end of the conversation these older people were talking about what they did to find jobs. They worked in factories that are currently in MEXICO right now. Then, they wonder why young people can't find jobs.:th ink:

They should know it was a different time and that during the 60's and 70's pounding the pavemnt was acceptable. Today so many people feel they have to rely on the internet to find a job which is probably why so many are unemployed.
 
Unread 08-25-2011, 10:16 PM
 
1,017 posts, read 409,368 times
Reputation: 775
Quote:
Originally Posted by Bandon View Post
No spit !!!

The problem with the older generations is that most of them are reasonably secure so they don't SEE the economy as it is. It does get annoying having to remind them.

The problem increases exponentially the wealthier a person is.

Also, something these same people don't seem to notice is the problem of the illegal influx taking many of our jobs.

Even my mother realizes the impact they have had (having been outsourced from her computer programming job and now working at a Squal*mart), but some wealthy family friends of hers in California (in CALIFORNIA !!!!) acted like it was news to them when she complained to them about it. Arrrghhh...how clueless can you get ???
My boyfriend is like this. Like his head's burried in the sand about the whole issue. He puts a roof over my head, but the nagging about job searches is such a drag. To make matters worse, I used to be much more financially independent, so perhaps he got used to that. He's from an older generation (pre-boomer), and during his working years, it was common to hold the same job for decades. He hasn't had to look for a job since the late 70's to early 80's and the world is not as simple as it might've been back then. He believes that all one has to do is apply oneself and work hard and then success is guaranteed. Although he is not oblivious to the increased cost of living and the lessening value of the dollar.
 
Unread 08-26-2011, 07:43 AM
 
911 posts, read 345,096 times
Reputation: 1646
Quote:
Originally Posted by Ohiogirl81 View Post
Hmmm ... Except for those who are 50 and older who have been unemployed for one or two years and can't find jobs because employers prefer hiring younger people, who in theory cost less money to employ?
At least those 50 and older and had plenty of time to save and invest money while they had a job, assuming they made a halfway decent wage. Many young people can't even get a halfway decent paying job to even have money to save and invest.

Not to mention those over 50 were able to take advantage of the long bull market run of the 80's and 90's.
 
Unread 08-26-2011, 07:59 AM
Status: "It's all fun and games until someone ends up in a cone" (set 1 day ago)
 
Location: NOT Ohio
19,228 posts, read 19,791,551 times
Reputation: 26047
Quote:
Originally Posted by Broncos Quarterback View Post
At least those 50 and older and had plenty of time to save and invest money while they had a job, assuming they made a halfway decent wage.
That's assuming too much. Not to mention we've spent our savings on buying food and paying the mortgage while unemployed, and raising our kids and sending them to college. And taken hits on what we have invested, if anything.

An awful lot of people my age (early 50s) are starting over -- in employment, in saving for retirement, etc. So save your misplaced angst and jealousy for someone else.
 
Unread 08-26-2011, 09:13 AM
 
15,382 posts, read 6,998,149 times
Reputation: 18165
Quote:
An awful lot of people my age (early 50s) are starting over -- in employment, in saving for retirement, etc.
That is me. I have nothing. But, at least I am employed.
 
Unread 08-26-2011, 09:55 AM
 
331 posts, read 431,094 times
Reputation: 309
Quote:
Originally Posted by Broncos Quarterback View Post
At least those 50 and older and had plenty of time to save and invest money while they had a job, assuming they made a halfway decent wage. Many young people can't even get a halfway decent paying job to even have money to save and invest.

Not to mention those over 50 were able to take advantage of the long bull market run of the 80's and 90's.
I completely agree. Additionally, they would have enjoyed the rise in property values over the years. It baffles me when I see people who have worked for 30 straight years, get laid off for the first time in their life and they are broke within a year. Did they not save anything their entire life? I am not talking about low wage work either. These are people who had legitimate careers that paid a "halfway decent wage".
 
Unread 08-26-2011, 10:04 AM
 
331 posts, read 431,094 times
Reputation: 309
Quote:
Originally Posted by Ohiogirl81 View Post
And taken hits on what we have invested, if anything.
In the 80s, CD rates were very high (over 10%) and still held strong throughout the 90s.
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