I live in South Florida, one of the areas that was supposed to be hardest hit. From the news, I expected that the area had imploded between my last visit and actually moving.

For the most part, nothing changed.

Yeah, there are vacant houses, but that is because everybody upgraded to brand new houses and then people that shouldn't have qualified, moved into the houses people moved out of. Then they lost them and went back to rentals. There was always excess inventory ... housing starts in the 2000's were insane. Some of that excess is being bought by investors at a fraction of the value pre-foreclosure and are turning them into rentals that the same people who got booted can now afford.

Of course retail will suffer. Everybody was refinancing on the inflated values of their houses and spending it buying new shit.

That cash cow died and so did a lot of the retail supporting it.

It's not doom and gloom. It is a correction. We built too much shit, spent too much money and now we have to recover from that.

Unemployment is an issue but it's less than 1 out of 5 unemployed. While bad, it's not devastating and not something that cannot be fixed.

A year ago, I dried my sweaty balls with $100 bills every day. Now I only do it 3 times a week -- and I use twenties.

a lot of people are cutting back. friends that would regularly go on vacation or to the beach have cut back this year alone. most people are getting scared and trying to save money.

the one company im working with is talking about moving a big chunk of the business to an Indian team so they can save a TON of money... jerks, i hope the upper management would all burn if they do (i wouldn't be effected but thats fucked up).

Yeah, Goldman Sachs...its hard ripping people off...I bet BofA and the rest toil very hard...

Jet Lee clone, who are you?

Military truck carrying infected broke down. Spreading rapidly. Supplies and troops parachuted in from Daytona. Barricaded in cul-de-sac ammo running low!

Is this MLM or something that you're doing?

That's 5 if i counted right ?:1orglaugh

I'm in the Fort Myers area which was hit really bad. Obama came here in 09 as we were having some serious issues.
http://articles.cnn.com/2009-02-11/p..._s=PM:POLITICS

I lost my mainstream job for a little bit as clients disappeared last summer. Took an unemployment check for two, maybe three months while I scrounged up some freelance work. Got off of unemployment as soon as I got a little money in from design projects and eventually was re-hired at my old job once the work started coming back. I am far from rich, but I can't complain. Have a house, couple of pets, car. We live week to week right now but everything gets paid and we have amenities most can not afford in these dire times (ac on 24/7, food, dsl, cell phones, cable, etc).

I haven't made any money doing the affiliate thing yet but I am confident that in time I will. Even if it makes a couple hundred a month or a year, anything really, I would be grateful for it, but we are still managing without it.

The one thing that really sucks is that I don't have any spare money to really work on my sites like I would want to. My two legal tubes, for example, are using Nubiles script. I don't have the money for Mech or multiple licenses of a different script at the moment, and don't want to rely on Nubiles as they skim traffic, they have encoded code that's difficult to work with, etc. For now, I won't build any more tubes and started working on blogs (which, from what I hear, are probably more profitable anyway) and cam w/l's. In time, if any money comes in, I will spend it on upgrading the network, getting off of HostGator and onto a dedicated server, purchasing some traffic, etc. You can live well even on a very tight budget, as long as you are willing to sacrifice on certain things until you can afford them. Who knows, maybe one day, my girlfriend and I will be out on a jet making "suck it" poses as well lol but if it doesn't work out that way it's ok. As long as I have food, roof over my head, and an internet connection I will be good!

^^ PLEASE! Do not take this as crying, complaining, etc. Just sharing my thoughts on this. I am a happy person that's grateful for what I have. I wish for more at times but who doesn't? lol.

51 posts!

I do know people who have lost a job because of the economy, but I have not been directly affected by the financial situation.

:1orglaugh:1orglaugh

Nothing even close to MLM. The people I work for started in 1812 and nothing to do with the online biz at all.

Well let me put it this way. Whatever you have heard is a lie..it's much worse.

Some in congress are trying to get the Fed to disclose all their information to which our President and the Fed say an audit will destroy the world economy. Ponder that for a second.

They redid the way they calculate our financial condition (CID) to make it look like it's not as bad...and admit they did that.

They only count employees on unemployment benefits, when they are over, they assume they are back to work however, they have no way of knowing. They only count the unemployed as those on benefits which is less than half by most estimates.

It's NOT partisan, it's politics and it stinks! The Fed needs to be shut down, the I.R.S. closed and income taxes need to be a flat rate. And while Rome is burning, all they can do is spend, spend, spend and then point fingers at each other so we can take sides. The only sides I see are them and us. And right now "Us" is pissed. Disclosure of the Feds finances will destroy the economy? Hmmm

I remember the countless times when Bush as asked "where is the money coming from" for his spending, he'd reply "We will find the money". Find??? Is there a field in Crawford Texas growing money?

Then Obama steps in and rails him for his spending while he is writing checks on a closed account. We are over drawn and using credit cards to pay off credit cards.

Yes, It's bad.

the results from the 1st ever fed audit were released last week.

I fucking LOVED living in the USA... I'd be back there in an instant if I could...

The FED's not audited routinely on a delay?


.

Was not aware it was done. Rather fast audit as far as I can tell however, it did disclose some interesting things that oddly, did not collapse the global economy.

“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” Bloomberg News

$16 trillion loaned out at near 0 interest means, flooding the market with currency to devalue the dollar and reduce our debt.

This whole thing has me freaked. Sorry to be such a downer.

lol i lied 1912 not 1812

theres a lot of idiots who spend too much time watching foxnews about :)

I can verify that is indeed BoneProne on the Penthouse Gulfstream 450. Somehow he snuck onboard with the luggage.... :)