Bye Bye Banks and Wall Street

[innerSpaceman]

Originally Posted by Morrigoon

So any LoTers who lose their homes/jobs to this crisis can come stay at your place, right?

Oh, all those people have my sympathies. But that's about it.


That's not about to make me trust the wolves to suddenly guard the henhouse better. Congress? The Federal Reserve? The Treasury Department? The Administration? Oh, and add-in the Wall Street firms who would manage the re-packaging of the deabbeat mortgage debts for purchase by the government.


Nope sorry. Not gonna trust a one of 'em to get us out of the mess they got us into. And I don't think their puny offer of $2300 from each and every American is going to solve the problem anyway.

[CoasterMatt]

Why doesn't the government call one of those 800 numbers that advertises about every 10 minutes, how they can help people work out their debts?

[Gemini Cricket]

If there ever was a time for the LoT Commune. It's now.

[Not Afraid]

It's time to turn off the radio when they interrupt The World for a statement from John McCain that announced that nothing has changed and it's Obama's fault.

[The Lovely Mrs. tod]

Why don't they call ME? I've got an idea of what they need to do and it won't cost 700 gazillion dollars, either.

[Morrigoon]

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.

There, proof that this does affect people directly, even if only because of the effect the emotions have on everything else that happens.

Of course, sales suck in a bad market anyway... just worse when what you're selling relates to one or more of the markets in trouble.

[Chernabog]

Originally Posted by Gemini Cricket

If there ever was a time for the LoT Commune. It's now.

Shhhh we still haven't figured out what do do with all those kids that are going to be born in the commune. My vote is still for "make them craft handsome bedroom sets for poor stylistically-challenged persons" but Not Afraid just wants them to clean the catbox twice a week. Jeeeeeez.

[LSPoorEeyorick]

It's affecting me, but I don't feel up to looking at our retirement fund to find out how much. It'll get better someday but... bummer.

[BarTopDancer]

I'm not even looking at my 401k. So far my job is safe, they just announced merit raises (max cap 3% and no one gets that). But I'm still worried, money is still super tight and just getting tighter. At least gas is down about $1 from 6 months ago, which is about $50 a month in savings (with how often I fill up).

[Not Afraid]

Twice a week? Try twice a day, babe!


I was just reading an article on "Depression-style". I'm always interested in how some of the fundamentals of American culture are effected by such things as war or the Great Depression. I wonder what sort of trends we will see this time?


My job hasn't been effected at all - as a matter of fact, I'm busier now that I ever have been. Weird.