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So how bad is it going to get this year?

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: So how bad is it going to get this year?

Unread postby patience » Tue 18 Mar 2008, 15:46:16

WPA, a needed program then, and probably soon. The old folks told , though , that it was generally known to mean "We Pill Around", referring to the less-than-stellar performance of these workers.
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Re: So how bad is it going to get this year?

Unread postby patience » Tue 18 Mar 2008, 15:56:51

Another desperately needed program from that era:

Quote from Wikipedia;
"Civilian Conservation Corps (CCC) was a work relief program for young men from unemployed families, established on March 19, 1933 by U.S. President Franklin D. Roosevelt. As part of Roosevelt's New Deal legislation, it was designed to combat unemployment during the Great Depression. The CCC became one of the most popular New Deal programs among the general public and operated in every U.S. state and several territories. The separate Indian Division was a major relief force for Native American reservations during the Depression."

Our area benefitted from the CCC's reforestation and Federal Parks work. We may soon get some new version of this and WPA, along with some mortgage relief acronym, and goodness knows how many more. Hopefully, some experience in this kind of situation will benefit some of those who presently have trouble understanding the concept of "work".
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Re: So how bad is it going to get this year?

Unread postby mos6507 » Tue 18 Mar 2008, 15:58:27

A new WPA should build windmills and solar farms, just like the old WPA built the Hoover Dam.
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Re: So how bad is it going to get this year?

Unread postby vision-master » Tue 18 Mar 2008, 16:00:44

$this->bbcode_second_pass_quote('', 'W')e will see a shutdown of many essential services provided by local governments, and pension funds that will not be able to honor their obligations. This will certainly occur in a few months.


Pension deficit disorder.

Don't even go there.
$this->bbcode_second_pass_quote('', '
')If you haven't heard or read much about problems with local and state public pensions, it's partly because they are fundamentally different in scope. When private pensions get into trouble, retirees and current workers often lose some or all of their retirement benefits. What often happens is bankrupt companies pass their pension obligations to the Pension Benefit Guaranty Corp., the federal agency that insures private pensions, but at a fraction of their value.

Not so with public pensions, because benefits earned are treated as entitlements—they can't be revoked—and pension plans almost always have an emergency fund—called “taxpayers”—to bail them out. As a result, problems with public pensions tend to be less immediate, less “today” and more “tomorrow.”

http://www.minneapolisfed.org/pubs/fedg ... /cover.cfm

Next, Social Security won't honor their obligations either? Mad Max, eh.

All the while lending institutions will still demand payment? Sweet!

Got Camper trailer.......
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Re: So how bad is it going to get this year?

Unread postby patience » Tue 18 Mar 2008, 16:46:33

The Boomers will be done outa their Soc Sec, huh? That's the bunch that fought in Korea and Vietnam. My wife used to work for the Veterans Administration, auditing the accounts of the crazy ones, who had to have somebody take care of their money. What Congress is dumb enough to REALLY piss those guys off?

Oh yeah, my wife went back to the Census Bureau, because there were too many crazy vets coming into the lobby. Had to call 911 one time to get one out to the VA hospital for his meds. SURE! The Postal characters ain't a shadow on what THESE people are capable of. We sent 'em off to 'nam for their Senior trip, and now you're gonna screw 'em over on their pension. Not my idea of a good time.
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Re: So how bad is it going to get this year?

Unread postby vision-master » Tue 18 Mar 2008, 16:48:24

$this->bbcode_second_pass_quote('patience', 'T')he Boomers will be done outa their Soc Sec, huh? That's the bunch that fought in Korea and Vietnam. My wife used to work for the Veterans Administration, auditing the accounts of the crazy ones, who had to have somebody take care of their money. What Congress is dumb enough to REALLY piss those guys off?

Oh yeah, my wife went back to the Census Bureau, because there were too many crazy vets coming into the lobby. Had to call 911 one time to get one out to the VA hospital for his meds. SURE! The Postal characters ain't a shadow on what THESE people are capable of. We sent 'em off to 'nam for their Senior trip, and now you're gonna screw 'em over on their pension. Not my idea of a good time.


W-A-R! :razz:
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Re: So how bad is it going to get this year?

Unread postby gnm » Thu 10 Apr 2008, 14:08:15

$this->bbcode_second_pass_quote('patience', 'Q')uote from Wikipedia;
"Civilian Conservation Corps (CCC) was a work relief program for young men from unemployed families, established on March 19, 1933 by U.S. President Franklin D. Roosevelt. As part of Roosevelt's New Deal legislation, it was designed to combat unemployment during the Great Depression. The CCC became one of the most popular New Deal programs among the general public and operated in every U.S. state and several territories. The separate Indian Division was a major relief force for Native American reservations during the Depression."


Those guys are responsible for one of the most retarded trails in the Sandia mountains around here...

The CCC provided pay and food for make work projects all over the place, but how will the utterly bankrupt government pay and feed them now?

$this->bbcode_second_pass_quote('patience', 'T')he Boomers will be done outa their Soc Sec, huh? That's the bunch that fought in Korea and Vietnam. My wife used to work for the Veterans Administration, auditing the accounts of the crazy ones, who had to have somebody take care of their money. What Congress is dumb enough to REALLY piss those guys off?


Never underestimate the stupidity of Congress...

70 year olds rioting? Well sure, but they will have to take frequent breaks...

Well the Ponzi scheme is up and they are just paying the current bennies out of the next generations pay. So tell me how the heck SS is going to stay afloat.. Tax the X'ers more? Good luck with that. That generation is already pissed as hell...

-G
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Re: So how bad is it going to get this year?

Unread postby hubbertspeak7777777 » Thu 10 Apr 2008, 21:17:29

Fuck the fucking boomers... they shit in their nest, so let them sit in it!!!!!!
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Re: So how bad is it going to get this year?

Unread postby jasonraymondson » Thu 10 Apr 2008, 22:40:07

WEE'ZA gonna die masta!!!
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Re: So how bad is it going to get this year?

Unread postby Atlantean_Relic » Thu 10 Apr 2008, 23:51:02

$this->bbcode_second_pass_quote('gnm', '
')
Well the Ponzi scheme is up and they are just paying the current bennies out of the next generations pay. So tell me how the heck SS is going to stay afloat.. Tax the X'ers more? Good luck with that. That generation is already pissed as hell...

-G


I wish the Boomers would: Turn off, tune out, drop dead
Was a long and dark December
When the banks became cathedrals
And the fog
Became God
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Re: So how bad is it going to get this year?

Unread postby Revi » Fri 11 Apr 2008, 12:50:07

I feel like it's going to get really bad this year. Like Grapes of Wrath bad. We been tractored out by the cats bad. Tom Joad bad. A lot of people are losing their houses and will have no place to go soon. What is going to happen? I anticipate a lot of them camping out this summer, and when winter hits heading south.

We'll have to pay nearly $5 a gallon for heating oil next winter.

The Maine Legislature has already given emergency assistance this winter at least 3 times. Liheap, supplemental and an emergency 5 million. What's it going to be like next winter?

http://www.courierpub.com/articles/2008 ... 383063.txt

I don't like what's happening at all.

We're buying 8 cords of wood. I think we'll be burning it in the winter of 2009/10.

It's looking like that is going to be the winter of our discontent.
Last edited by Revi on Fri 11 Apr 2008, 12:58:30, edited 1 time in total.
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Re: So how bad is it going to get this year?

Unread postby Gandalf_the_White » Fri 11 Apr 2008, 12:52:14

How about marshall law bad? Anyone willing to go that far?
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Re: So how bad is it going to get this year?

Unread postby Ferretlover » Fri 11 Apr 2008, 12:54:15

"So how bad is it going to get this year?"

Uncomfortable, but not as bad as next year. Shortages in almost everything.

$this->bbcode_second_pass_quote('Gandalf_the_White', 'H')ow about marshall law bad? Anyone willing to go that far?


Not yet-unless we attack Iran, the stock market completely fails, or a pandemic is unleashed.
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Re: So how bad is it going to get this year?

Unread postby Twilight » Fri 11 Apr 2008, 13:56:11

$this->bbcode_second_pass_quote('qualia787', 'S')o how bad is it going to get this year?

This year will be worse than last year, but better than next year.

I can see alphabet soups like the CCC coming about, but not for several years yet. People forget that a good collapse takes time.

I am reminded of the Berlin Wall, everyone thinks it fell one night in 1989, but by all accounts everyone in the Soviet Union knew they were finished in 1986 and it still took until 1992 to hit the bottom. Count the years - and that was a fast one.

Same thing with 1929 America, a lot of people were in pain long before the stock market crashed and it was not until 1932/33 that people got to the destination.

These are very very early days.
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Re: So how bad is it going to get this year?

Unread postby Revi » Fri 11 Apr 2008, 14:24:52

I think you are right. It takes a while for a collapse to happen. People burn through all sorts of assets, and then they do something. It's pretty scary what's going on now, but it's going to be a lot worse next year. I can't see any light at the end of the tunnel yet.

I thought that all of our peak oil preparations would help us, and they will, but it looks like the economy going down is going to take us with it anyway.

I didn't think I would be doing this, but I'm selling assets now. I can't pay the taxes on all my land, and I figure it's time to dump something. This is a piece of land that has water power written into the deed:

http://town-countryrealtors.com/search/ ... =15&page=1[web]http://[/web]
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Re: So how bad is it going to get this year?

Unread postby evilgenius » Fri 11 Apr 2008, 14:38:41

Pretty bad if I don't find a job!
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Re: So how bad is it going to get this year?

Unread postby Ludi » Fri 11 Apr 2008, 14:48:46

So far the economy is doing very well for me personally. I work in show-biz. But I know things could get bad at any moment. Especially if there is another strike.
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