Yay for the recession!

[hbliam]

I'm kinda liking the "recession" too. I need a couple new cars and should save about $20,000 bewteen the two of them. My wife and I will make more money this year then ever before. My 457 lost a bit but it will come back. I'm just not seeing a recession. I'm seeing people that should have been making $30K a year (realtors and mortgage brokers) getting jobs making ...30K a year.

[Bun-bun]

Filled up the work van today for $2.20/gal. dropped $40 on the cashier, and got $2 back!
YAAAAHOOOOOO!
A month ago, that would've got me a 1/4 tank!
Of course, business is slower than I've ever seen it, and I'll be filing for bankruptcy if it doesn't pick up fairly soon, but I paid the mortgage tonight, so I'm good for another month.

[Grampa]

I'm kinda liking the "recession" too. I need a couple new cars and should save about $20,000 bewteen the two of them. My wife and I will make more money this year then ever before. My 457 lost a bit but it will come back. I'm just not seeing a recession. I'm seeing people that should have been making $30K a year (realtors and mortgage brokers) getting jobs making ...30K a year.

the real shit aint hit the fan yet

[Popeye the Sailor]

the real shit aint hit the fan yet

I want it to get worse. Home prices are affordable for once.

[Grampa]

I want it to get worse. Home prices are affordable for once.

no..... I think home prices are going to stabilize back to a point just a bit lower than where they were about 5 years ago. The real shit will hit, when all these business that are dog paddling right now, just give up. Combine bad business loans with bad mortgages, students refusing to pay back student loans, the fed printing money backed by nothing. Wait till the Chinese come calling, wanting their money back.

[Popeye the Sailor]

no..... I think home prices are going to stabilize back to a point just a bit lower than where they were about 5 years ago. The real shit will hit, when all these business that are dog paddling right now, just give up. Combine bad business loans with bad mortgages, students refusing to pay back student loans, the fed printing money backed by nothing. Wait till the Chinese come calling, wanting their money back.

You're no fun when you're all negative.

[Grampa]

You're no fun when you're all negative.

I'm actually in a great mood. The boys are selling cookies for school...and they have glutenfree one on the list 

[River]

I for one think there's a huge opportunity here.  There is money to be made.  People as a group freak out--mob mentality--and they also rally as a group.  So many fantastic stocks are undervalued by a long shot it's unbelieveable.  I lost a lot of money, but I can make it all back and then some.  So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change.  It always does.    

Think long term gains, people, not short term losses!

Relax, and have a 

[Grampa]

I for one think there's a huge opportunity here.  There is money to be made.  People as a group freak out--mob mentality--and they also rally as a group.  So many fantastic stocks are undervalued by a long shot it's unbelieveable.  I lost a lot of money, but I can make it all back and then some.  So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change.  It always does.    

Think long term gains, people, not short term losses!

Relax, and have a 

people will always find a way to make money.

the economy is in the shitter , the fed is printing money like it's toilet paper.... and High School musical rakes in 43 million its first weekend out   

[River]

people will always find a way to make money.

the economy is in the shitter , the fed is printing money like it's toilet paper.... and High School musical rakes in 43 million its first weekend out   

Dude High School musical took in $43M?  Okay, the apocalypse is upon us! 

[Dana]

$4.06 here in Japan still...and the kicker is my rent just went up another $400 PER MONTH because of the worst Yen exchange rate in history! (maybe not history, but in a long ass time!)

[Speedbag]

Dude High School musical took in $43M?  Okay, the apocalypse is upon us! 

The end is near! 

[Doctor Woodrow]

Actually during the depression movies did okay b/c people wanted to be able to go and forget their troubles for a while, and that was an hour or more (sometimes less) that you could live somebody elses life. Anyways, yeah it doesn't seem to make any sense unless you look at it that way, as an escape for some poeple.

The Doc

PS: But High School Musical?!?!?!!??!!! For crying out loud!!! Go rent Ironman, save some money, and watch something with real action.

[Scottish]

I for one think there's a huge opportunity here.  There is money to be made.  People as a group freak out--mob mentality--and they also rally as a group.  So many fantastic stocks are undervalued by a long shot it's unbelieveable.  I lost a lot of money, but I can make it all back and then some.  So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change.  It always does.    

Think long term gains, people, not short term losses!

Relax, and have a 

+1 it is a great opportunity, if I had money laying around I'd be throwing it at the stock markets. So many great stocks soooo cheap. BTW people, oil and the dollar usually share an inverse relationship as do all commodities. Thus oil v = dollar ^ That's why it hurt so bad when it goes the other way.... and also I hate to be that guy, but somewhere in the politics section I called sub $2 gas prices 2 monthes ago when they were at their peak. So there, I told you so.