I don’t gather things are quite that bad for his dad, but tragically, sometimes people do get into such a hole that bankruptcy becomes the best option. Happened to a friend of mine. It’s not pretty, but neither is it the end of the world (they do not “loose” everything, for example).
Why not $40? Why not $100? How do you decide a “moral” wage?
I give $50 a month to a hunger-relief agency, actually. Though most of it goes to Asia, so I suppose you can blame me for Africa.
Actually, I don’t have very much that I call “mine;” my nine-year-old car is the most valuable thing I own. My debts are much greater than my assets.
We do. If you want to argue we should have more, I fully support expanding job training and re-training programs in tough economic times. I’ve worked with some, actually; like nearly all government- run (and even-government funded) charities I worked with, they’re mismanaged and inefficient, but they are a better investment than straight welfare.
Lots of lawn-mowing kids are saving their money up for college. That’s where all the minimum-wage-job savings I managed to hold onto in high school went. I also paid for my own transportation and a fair chunk of my own clothing.
Darn good thing I saved that money, too, because my mom was sporadically employed while I was in college, which meant that I somehow had to find a way to cover what the financial aid office considered to be her share of my college expenses.
Given the way this thread went I don’t think that’s a typo.
Nothing like getting in an argument with someone to find out you’re in agreement.
I think I misjudged you. You seem alright. Sorry for that. Metaphorical handshake?
Well I was thinking kids like 12 years or younger, not teens, but yea EFC can be a real bitch till you’re 25. My mom makes just enough to cover her bills in a subsidized apartment. Yet they some how expect her to cough up $600 per semester.
Well in this instance I grant you, you are not. You are parroting a politician, but not making it up whole cloth. Not that the facts appear clear, but you are at least actually right on the assertion.
That of course is one of my objections. The buy ups are discouraged but not disallowed. We could result is a few banks all too big to be allowed to fail. We know how badly they manage internally. We know they will loot to their hearts content. We know they like to operate behind unreadable contracts and fight transparency. If they get away clean this time they will go back to their practices soon enough. We need a lot of regulation for companies that can do a lot of damage.
While I wouldn’t cast things to the same degree as you do (i.e., “they like” or “they will”), but obviously some do. And we’d probably disagree on what “regulation” would be beneficial. But, about the above quoted bit, I’ve gotta ask:
Why do you think it’s bad for a bank to buy another bank using the bailout money? Do you think every single bank is totally mismanaged (and is fundamentally dishonest in its operation)?
Please put aside your personal views on how the bailout money should be spent; rather, focus on the potential benefits/detriments of doing so.
No I do not think we should center so much financial power is a few banks. It makes us vulnerable to their mismanagement . It worries me that they will loot. It eliminates competition.
I am against oligarchy . I think more banks are help to the consumer. I do not like a few institutions having power over our country and its financial makeup. The regulators are not doing anything worthwhile. The banks have some of the best brains in the world serving their own interests above the interests of the country.
On this board I am usually thought of as anti capitalist. I do not see it that way. I want real competition to exist. I want them to fight for shares of the market,not to self allocate.
Hey, buddy. You don’t know me. Cry me a river. My house was purchased on my salary alone, since my wife and I were planning on having a child or two. I got promoted. Turnover in upper management less than a month later caused me to get laid off because I worked for a deposed C-level employee that fell out of favor. I was collateral damage (gotta get rid of the loyal former employees). I get promoted one month and on the street the next. I wasn’t “downsized” for performance. The new C-level wanted their own people in place. So you aren’t the only one that’s had a tough go of it through this mess. Get in line.
And to the rest of your post: I have no idea what it means, so fuck you, and your “poor me” attitude. If you have something to say, spell it out.
As for elbows
You may be right. My wife and I discussed this very thing this evening. Even though our family has been postponed, I just wouldn’t feel comfortable playing the game. It’s not who I am. For better or for worse. I sometimes wish I could play these fiscally irresponsible games, overspend my credit cards, miss my mortgage and car payments, but I just can’t do it on purpose. It’s been tough from time to time, but we make it. Just with less. I realize events like a prolonged layoff or an illness can wreck havoc on finances, but that wasn’t the point of my thread or my anger.