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-   -   Bye Bye Banks and Wall Street (http://74.208.121.111/LoT/showthread.php?t=8568)

Snowflake 09-29-2008 03:18 PM

Quote:

Originally Posted by Chernabog (Post 242885)
but Not Afraid just wants them to clean the catbox twice a week. Jeeeeeez.

Twice a week for a gazillion cats, not enough! :eek:
unless Thurston is eating cat poop these days!

Not Afraid 09-29-2008 03:20 PM

Thurston still LOVES cat poop (as do most dogs) but he can't get to the cat boxes. Poor deprived dog.

Chernabog 09-29-2008 03:23 PM

Wow ok this thread took a sharp turn for the eeewwwwww. :p

Not Afraid 09-29-2008 03:24 PM

I'd MUCH rather talk about dogs and cats than the fact that it's raining cats and dogs.

BarTopDancer 09-29-2008 03:29 PM

Does whatever bailout they are proposing have any help for people who didn't fvck up and take on more debt then they could afford?

Or are us people who didn't get in over their heads expected to hold on for the dive.

Morrigoon 09-29-2008 03:29 PM

Quote:

Originally Posted by Not Afraid (Post 242894)
Thurston still LOVES cat poop (as do most dogs) but he can't get to the cat boxes. Poor deprived dog.

I supposed I should stop complaining about my dogs' obsession with used Kleenex...

Kevy Baby 09-29-2008 03:31 PM

Quote:

Originally Posted by Moonliner (Post 242865)
I took Kevy's comments to be about today's stock market dip rather than the crisis as a whole.

Yep.

Quote:

Originally Posted by Morrigoon (Post 242884)
Okay, so the 700-point drop is affecting me right now at this very moment. It's scaring my company's potential customers off pursuing real estate right now, and therefore they don't need what I'm selling (access to foreclosure database). So my performance and commissions are being directly affected.

What will happen tomorrow when the market goes up (as I predict it will)?

But I still don't think it is a good time to invest in real estate as values will only be going down from this point. That is, assuming one is a cash investor. While real estate pricing will go down from here, the cost of money will go up, so the net cost to purchase will remain about the same.

Disneyphile 09-29-2008 03:31 PM

From being very strapped lately, I will say this:

Because we've been forced to eat at home and cook (since raw foods can be cheaper than pre-packaged crap if a little effort is made), we've been healthier and enjoying a lot of neat dinners lately. I've even slowly been losing weight without trying at all. So, not being able to eat out or run over to a drive-thru has been a blessing really.

I think that people feel the burn more when they don't get creative with what they already have. I've even been rediscovering all kinds of old hobbies lately and having a blast with them. It's a way to "ride the tide" until things get better. Why be miserable when I don't have to be? There might not be money to buy new things, but we have plenty of crap already that can be enjoyed.

For example, I really wish we could afford a Wii, but it's not in the cards right now. However, I have my old NES system out in the garage that hasn't been touched in over a decade. It will be like setting up a whole new system and playing the games for the first time. I'm quite looking forward to it. :)

Snowflake 09-29-2008 03:38 PM

Quote:

Originally Posted by Disneyphile (Post 242906)
From being very strapped lately, I will say this:
There might not be money to buy new things, but we have plenty of crap already that can be enjoyed.

For example, I really wish we could afford a Wii, but it's not in the cards right now. However, I have my old NES system out in the garage that hasn't been touched in over a decade. It will be like setting up a whole new system and playing the games for the first time. I'm quite looking forward to it. :)

No kidding, having no mad money at all is forcing me to write (AUGH) and watch some DVDs that have been gathering dust that I bought about 4 years ago!

wendybeth 09-29-2008 03:45 PM

iSm- do you own, or rent? If you rent, the market is probably going to get tighter and as a result spendier. If you own, you're going to see your property's value take a nosedive- and I really believe that you all have a long way to fall before you hit bottom in SoCal. Investment groups own/operate many rental properties up here, so I'm guessing that's the same dynamic down there as well. Those groups are probably going to falter, and who will pick up the pieces? I don't pretend to understand the intricacies of real estate, but I do know that it is largely an investment and to invest takes capital.


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