Jump to content

Falling dollar.. Good or bad?


Recommended Posts

Posted
That's scarey. My son's paternal grandmother is a nurse and has worked at her hospital for 19 years. She says recently they have cut back and she has had to use vacation time to get her reg 40 hours. They flex everybody down quite a bit. I hadn't heard of the lpn loss, but it doesn't really surprise me. The motto nowadays is more for less it seems.

 

It is scarey.. LPN's are needed.. Nurses can't do all that stuff alone.. I get one patient in clinicals and it's tough.. Working RN's get 5 or 6..

 

I think a lot of sick people are not going in who should... most likely cause of money.. It is ridiculous expensive. Lots of jobs gone everywhere. :(

 

 

Let an infection go.. get sepsis.. die.

 

This falls under the "Do you feel the crunch" thread I made.

"You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller

 

NEVER FORGOTTEN

  • Replies 446
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Posted

I just see this whole thing as exposing Congress for the freakin' dog and pony show that it is.

 

Congress passes regulation that FORCES banks to loosen up their restrictions on loans.

 

They have government backed agencies Freddy and Fannie that promise to take these high risk loans because Congress will have to take on the losses.

 

The losses drive these companies into the ground, taking with them, AIG that insures the loans and nearly every other financial institution that invested in this house of cards, mortgage market.

 

Congress then passes a bill that gives $700 billion to one person, the Secretary of Treasury, to do with it as he sees fit, not asking for any regulation or explanation.

 

Now Congress is holding hearings investigating why the Secretary of Treasury is doing whatever he wants with the money and not telling them what he's doing and asking why there isn't any regulation over the spending of the money, even though they didn't write any into the bill they passed.

 

Maybe if Congress had spent more time READING the bill, and less time filling it up with PORK, like $300 million a year to ACORN, $70 million to the childrens wooden arrow industry or over $100 million to Pelosi's friends and family who own the companies on US Samoa in the tuna industry, they wouldn't have to wonder why there isn't any oversight and regulation happening.

 

HEY CONGRESS, IT'S BECAUSE YOU DIDN'T BOTHER TO ASK FOR ANY OVERSIGHT AND REGULAION!

 

MORONS.

.

.

.

Posted

Seems like they only needed half of the 700 billion and want to let the Obama administration decide what to do with the other half. I say

 

GIVE IT BACK!!

 

http://Off Topic Forum.com/news-room/32348-white-house-may-let-obama-decide-part-of-bailout.html

"You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller

 

NEVER FORGOTTEN

Posted
Seems like they only needed half of the 700 billion and want to let the Obama administration decide what to do with the other half. I say

 

GIVE IT BACK!!

 

http://Off Topic Forum.com/news-room/32348-white-house-may-let-obama-decide-part-of-bailout.html

If the targeted bailees have been bailed out, the spending should stop. Just because money is appropriated, doesn't mean that it has to be spent.:mad:
Posted

Dow closes under 8,000 at 7,997.28 for the first time in five years. Trading was "somewhat" heavy.

 

Big Three automakers asking for money from Congress. They didn't seem to have a plan but just wanted to suckle at the teat of the American taxpayer. The interesting part of this begging is that each of the three CEO's flew to DC on their own private corporate jets at a cost of almost $20K instead of buying a commercial air ticket.

Posted
Dow closes under 8,000 at 7,997.28 for the first time in five years. Trading was "somewhat" heavy.

 

Big Three automakers asking for money from Congress. They didn't seem to have a plan but just wanted to suckle at the teat of the American taxpayer. The interesting part of this begging is that each of the three CEO's flew to DC on their own private corporate jets at a cost of almost $20K instead of buying a commercial air ticket.

 

I can't even care anymore... I'll need a straightjacket soon.. Not that I don't need one now.. but still..

Posted

Be nothing better!

 

 

Speaking of.. Obama is going to close gitmo.. If that's all he does, I'm good.

 

 

America does not torture ~ Obama

Posted

Holy pummeling... Money's disappearing back into the thin air from whence it came..

 

 

Dow Jones Industrial Average (INDU) 7,552.29 -444.99 (5.56%)

 

 

 

Prolly toss in $10,000 when it hits 2000..

  • 2 weeks later...
  • 1 month later...
Posted

Saw some jackass on CNBC awhile back claiming razing unsold houses is the answer for the housing market.. What a dipsh t.. Saw some guy was selling his so called $1,000,000 home for $50 and another is tossing in a new Lexus if someone buys his house..

 

 

Apparently our fear filled leaders think we can print, spend, and borrow our way to riches.. by giving it to crooks who already stole billions of dollars for 15 - 20 years so they can continue.. Now they're crying cause the banks still wont lend money..

 

 

So.. what'da all think is the answer to this "economic crisis"? More of the same sh t aint gonna work.. Things should be getting better as time rolls on.. not worse. Working awfully hard to destroy ourselves. Real fukking smart..

 

 

Anyone care about kids futures anymore, or just themselves?

  • 3 weeks later...
Posted

http://www.nytimes.com/2009/01/24/business/worldbusiness/24euro.html?em

 

Exchange Rates Graph (Euro, American Dollar)

 

 

 

"The dollar will be 10% higher against the euro in one year."

Hugo 3-10-08

 

Looks like I slightly underestimated the dollars rise. As you see a stronger dollar ain't exactly helped the economy.

 

If the government were really simply interested in stirring the economy and are going to blow a trillion anyways they should just give 5K to every American man and woman over 18.

The power to do good is also the power to do harm. - Milton Friedman

 

 

"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." - James Madison

Posted
http://www.nytimes.com/2009/01/24/business/worldbusiness/24euro.html?em

 

Exchange Rates Graph (Euro, American Dollar)

 

 

 

"The dollar will be 10% higher against the euro in one year."

Hugo 3-10-08

 

Looks like I slightly underestimated the dollars rise. As you see a stronger dollar ain't exactly helped the economy.

 

If the government were really simply interested in stirring the economy and are going to blow a trillion anyways they should just give 5K to every American man and woman over 18.

 

 

 

Hope your right...

 

 

Might not help the economy as a whole but it sure as hell helps people like me who spent 15 years saving them..

 

Plus, I fail to see how a worthless dollar would help the economy.. or anybody.. Which is where it was heading..

 

Now I just need interest rates to sky rocket to 20%..

  • 4 weeks later...
Posted

The dollar is actually stronger now than I've seen it in many years. Don't know about today, but yesterday it was under $1.30 to 1 for the Euro. If you're traveling to Europe, it won't be quite as expensive.

 

I just checked and the USD is ~$1.26 to the Euro. Just about what the Canadian Dollar is to the USD right now.

Posted
Yeah just wait until we start printing more to make up for this spending spree we're on.
  • Like 1

"You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller

 

NEVER FORGOTTEN

Posted

Holy dawgbawls! My IRA lost $15K last month!

 

Abolish the IRS!

 

My hard earned money will be taxed up to 20% and then an extra 10% for a non-emergency withdrawal! Total fukken bullsh!t.

 

Fukkers.

 

Let me decide the fate of my own money, not some bean counter in a stuffy cubicle maze.

 

Fukkers.

To be the Man, you've got to beat the Man. - Ric Flair

 

Everybody knows I'm known for dropping science.

  • 2 weeks later...
Posted

INDUDow Jones Industrial Average Index (INDU) 6,594.44 .... -281.40 (4.09%)

 

 

youch... meh.. guess most everyone will just work til they're 143 years old... no big whoop..

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...