Falling dollar.. Good or bad?

ImWithStupid

New member
ooops.. Pardon me Salt.. That was CNBC.. not MSNBC.. Wonder what they'll be bailing out today.. Disneyworld?

Nice... Minus 1.18 million jobs lost so far in 08'.. bout 1/2 million in the last two months.. Better bail out McDonalds.

Oh.. public education and government gained jobs though!!
Actually McDonald's made a profit last quarter. :D

 

RoyalOrleans

New member
Actually McDonald's made a profit last quarter. :D
One thing about McDonalds's, their workforce is not dictated by the bindings of a labor union. American automakers are being brought down by unearthly wages given to people with lackluster abilities. On the other hand, you have highly trained workers who make chump change because they were just signed on.

It's utter bullsh!t!

I'd hate to see the day when a french fry jockey is making $23/hour and is not trained to do anything else. He better fry up some of the best goddammed french fries on the fukken planet.

 

Old Salt

New member
I went house hunting today. The housing in my hometown is holding its own. I looked at one piece of **** house, in great need of some TLC, that's renting for $600 a month. Gawd, it must be nice to be a slum lord.
 

wez

New member
Ya know, I don't get it.. everyone, well, not everyone.. but plenty have been bawling Obama is gonna redistibute wealth blah, blah, blah...

What is this bailout sh t? Aint their fukking money.. Smells like redistribution to me.

 

wez

New member
I went house hunting today. The housing in my hometown is holding its own. I looked at one piece of **** house, in great need of some TLC, that's renting for $600 a month. Gawd, it must be nice to be a slum lord.
I think a lot are struggling to find renters that actually pay though.. Tough to get em out too. Takes awhile..

 

Old Salt

New member
I think a lot are struggling to find renters that actually pay though.. Tough to get em out too. Takes awhile..
Lots of major construction and limited housing. Rentals don't stay on the market for more than a few days here.
 

wez

New member
The roof leaking part was just a little sarcasm on my part.
That wasn't the only house I looked at today.

Prolly like a deal when I was in Mexico when I was 18.. My buddy fanagled with a street vender and bought 2 shirts for $20.. He walked away and the guy was trying to sell me too.. "No thanks", I say.. "How about 2 for $10".. Sure, why not.. "But don't tell your friend" he says.. hahahaha

Course I did.. Buddy went back and gave him an earful and got a couple more shirts.. :D

I got the evil eye for my big mouth.. hahahaha

 

ImWithStupid

New member
What? Are people finally coming to their senses? Are they finally realizing that five bucks is too much for a cup of coffee?
Ok... I get it. It's trendy. Trends fade when reason takes over or people run out of money. I'd bet the latter to the former in this case.

Just ask all those people who were buying and selling Beanie Babies, how much that stupid little "rare" stuffed bear they paid $300 for in 1995, is worth today.

 

Old Salt

New member
What? Are people finally coming to their senses? Are they finally realizing that five bucks is too much for a cup of coffee?
Ok... I get it. It's trendy. Trends fade when reason takes over or people run out of money. I'd bet the latter to the former in this case.
Actually, 4th quarter sales were only down 3%. The 97% was because of write-downs. People are still drinking that ****.
 

RoyalOrleans

New member
Actually, 4th quarter sales were only down 3%. The 97% was because of write-downs. People are still drinking that ****.
Jesus Christ! We're a strange lot of people. We'd rather cut back somewhere else than give up such a frivolity.

I drink whatever is on sale at Target or Walmart.

 

Old Salt

New member
Actually, 4th quarter sales were only down 3%. The 97% was because of write-downs. People are still drinking that ****.
I misread the article. It said stocks were down 3% for the quarter. It also said profits were down 97% but with a caveat:

PROFIT DROPS ON CHARGES
Net profit for the fiscal fourth quarter ended September 28 dropped 97 percent to $5.4 million, after Starbucks took $105.1 million in charges related to its restructuring and turnaround efforts.
Sorry:eek:
 
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