Find fields & stores near you!
Find fields and stores
Zipcode
PbNation News
PbNation News
Community Focus
Community Focus

Reply
 
Thread Tools
Old 12-05-2012, 02:13 PM #43
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by dub CRISP View Post
this is dogma not economics
I like this guy.
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices
drgonzo is offline   Reply With Quote
Old 12-05-2012, 02:20 PM #44
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Quote:
Originally Posted by 2ffu View Post
Why doesn't everyone just not work then? what the **** is the point **** it who cares. If you become succesful you are now evil in the eyes of the dems.

why would someone bust their *** for 40 hours a week to make $40K a year before taxes when you can have ALL your free time and get $30k worth of bennifits from uncle sam.
A free $30k for doing nothing? Where are the benefits that good? I need to buy a bus ticket.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 02:28 PM #45
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by F1VENOM View Post
A free $30k for doing nothing? Where are the benefits that good? I need to buy a bus ticket.
Nowhere, that's part of the conservative delusion.
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices
drgonzo is offline   Reply With Quote
Old 12-05-2012, 02:30 PM #46
licence2kill
POOP
 
licence2kill's Avatar
 
Join Date: Jun 2009
Location: Orange County
Quote:
Originally Posted by 2ffu View Post
Banks were not lending in 08/09 due to massive margin calls ( that ate up cash because unwinding the position would be even more costly) to fixed income desks holding an unhealthy amount of cdo's, cmo, and other collateralized debt.

Banks were given a capital injection and most paid it back with interest. Banks started lending again but not as outlandishly as before.

If banks don't want to lend why did Wells fargo bring me in to interview for a business credit analyst position that evolves into a Business Relationship Manager? They are lending so much in my area they need more people to work in that department. I didn't take the job because after getting all the information it just wasn't what I was looking for.

There are a **** load of jobs out there, though most of them are being filled with HB-1's because people either don't have the skills or don't want to work.

A family friend of mine owns a comercial garage door installation company he has been trying to hire people for the past 18 months at $40 an hour. This same story is repeated across the country a plethora of times.

Why work when you can get:
99 weeks of UE ( then go on ssdi)
EBT/WIC
federal section 8 housing vouchers ( the section 8 buildings in seattle are straight up nice condos)
a free phone with 250 minutes and text messages
utility subsidies
free lunch for your kids at school
medicade

Not to mention donations from private charities
I'm gonna depart from dub here as I don't see it as a banking problem but an NGDP problem (total dollar spending in the economy) that's being held back by tight monetary policy. Bank's aren't lending and businesses aren't expanding because the aggregate level of spending in the economy is too low and they expect it to be in the future too. That's why demand to hold treasuries is so high across the board.

Also, there is no skills gap, or at least there isn't a bigger one than there was before the crisis. If there was we'd see wages being aggressively bid up by firms trying to attract skilled workers. Of course, we don't see that at all in the data.

Last edited by licence2kill : 12-05-2012 at 02:52 PM.
licence2kill is offline   Reply With Quote
Old 12-05-2012, 02:38 PM #47
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by 2ffu View Post
99 weeks of UE ( then go on ssdi)
I just noticed this, what the **** is this bull****?
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices
drgonzo is offline   Reply With Quote
Old 12-05-2012, 02:39 PM #48
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Misunderstanding?
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 02:42 PM #49
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by F1VENOM View Post
Misunderstanding?
Complete lack of knowledge, more like. UI doesn't work ANYTHING like what he says yet his worldview is largely based on the kind of travesty he thinks it represents.
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices
drgonzo is offline   Reply With Quote
Old 12-05-2012, 02:46 PM #50
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
8.25 years of $30k sounds like a great deal to me.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 02:47 PM #51
TheSilentAssassin
Words and Stuff
 
TheSilentAssassin's Avatar
 
Join Date: May 2007
Quote:
Originally Posted by F1VENOM View Post
8.25 years of $30k sounds like a great deal to me.
Sign me up
__________________
“There are only two kinds of people, those who accept dogmas and know it, and those who accept dogmas and don’t know it.” – G. K. Chesterton - The Mercy of Mr. Arnold Bennett, Fancies vs. Fads
TheSilentAssassin is offline   Reply With Quote
Old 12-05-2012, 02:48 PM #52
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Quote:
Originally Posted by TheSilentAssassin View Post
Sign me up
Just waiting on him to list the destination for those bus tickets.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 02:52 PM #53
licence2kill
POOP
 
licence2kill's Avatar
 
Join Date: Jun 2009
Location: Orange County
It's frightening to think that we have idiots like him working for important financial institutions.
licence2kill is offline   Reply With Quote
Old 12-05-2012, 02:53 PM #54
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Quote:
Originally Posted by licence2kill View Post
It's frightening to think that we have idiots like him working for important financial institutions.
I agree, not being able to convert 99 months to years and realize how ridiculous 8.25 years of UI sounds is scathing. Pretty sure he has a college degree in something financial.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 02:55 PM #55
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by F1VENOM View Post
8.25 years of $30k sounds like a great deal to me.
Wait, what?
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices

Last edited by drgonzo : 12-05-2012 at 03:12 PM.
drgonzo is offline   Reply With Quote
Old 12-05-2012, 02:58 PM #56
licence2kill
POOP
 
licence2kill's Avatar
 
Join Date: Jun 2009
Location: Orange County
related:

http://economicsofcontempt.blogspot....nd-idiots.html
licence2kill is offline   Reply With Quote
Old 12-05-2012, 02:58 PM #57
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Quote:
Originally Posted by drgonzo View Post
Wait, what?
Combining these two gems.

Quote:
Originally Posted by 2ffu View Post
why would someone bust their *** for 40 hours a week to make $40K a year before taxes when you can have ALL your free time and get $30k worth of bennifits from uncle sam.
Quote:
Originally Posted by 2ffu View Post
99 weeks of UE ( then go on ssdi)
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 03:04 PM #58
Iamamartianchurch
 
 
Iamamartianchurch's Avatar
 
Join Date: Jun 2010
Quote:
Originally Posted by F1VENOM View Post
Pretty sure he has a college degree in something financial.
Botany.

He had trouble converting months to years, because years aren't broken down into grams, dimes and kilos. Well....maybe his are.
Iamamartianchurch is online now   Reply With Quote
Old 12-05-2012, 03:05 PM #59
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
Quote:
Originally Posted by Iamamartianchurch View Post
Botany.

He had trouble converting months to years, because years aren't broken down into grams, dimes and kilos. Well....maybe his are.
That's a heavy thought, time in terms of weight.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 03:10 PM #60
Iamamartianchurch
 
 
Iamamartianchurch's Avatar
 
Join Date: Jun 2010
Quote:
Originally Posted by F1VENOM View Post
That's a heavy thought, time in terms of weight.
He must be overencumbered by the burden his time places on his finances.
Iamamartianchurch is online now   Reply With Quote
Old 12-05-2012, 03:12 PM #61
drgonzo
Half-cocked
 
drgonzo's Avatar
 
Join Date: Nov 2004
Quote:
Originally Posted by F1VENOM View Post
Combining these two gems.
He said weeks, but no state has 99 weeks anymore.

But the true bull**** thing I was referring to was the idea of going on SSDI after exhausting unemployment. What the actual ****?

Quote:
Originally Posted by licence2kill View Post
It's frightening to think that we have idiots like him working for important financial institutions.
Frightening yes, but judging by the results, hardly surprising.
__________________
PUMPPB.COM TIGHTSTICK BARREL - Custom LAPCO 1-piece .681 14" barrel w/ 10" control bore! Awesome for PUMP (and semi too!) Sale!
PUMPPB.COM - Pump paintball forums
HawaiiPB.com - Paintball forums for the state of Hawaii
HawaiiPB/PumpPB - Our videos | Droidtiles.com - NFC Tags for Android and mobile devices
drgonzo is offline   Reply With Quote
Old 12-05-2012, 03:16 PM #62
F1VENOM
 
 
F1VENOM's Avatar
 
Join Date: Sep 2002
 has been a member for 10 years
I fail at reading.
F1VENOM is offline   Reply With Quote
Old 12-05-2012, 03:20 PM #63
Iamamartianchurch
 
 
Iamamartianchurch's Avatar
 
Join Date: Jun 2010
Quote:
Originally Posted by F1VENOM View Post
I fail at reading.
Ha

I took your word for it. Damn. Oh well. I still stand by my claim that he is a stoner.
Iamamartianchurch is online now   Reply With Quote
Reply


Thread Tools

Posting Rules
Forum Jump