recession

Definitely a recession, on the brink of a depression. I know I cannot afford to hit the number of shoots I used to on a regular weekly basis...the extra cash is simply not there.

I saw Clinton on Letterman the other night...he has been stumping all over the country for Obama. He basically said that Washington needs to wake up and smell the coffee...that over 2/3rds of our nation is living hand to mouth and can ill-afford to take many more financial hits....whether you like the guy or not, it's difficult to deny the facts...we are a nation in trouble.

Lisa
 
ridewiththewind said:
Definitely a recession, on the brink of a depression. I know I cannot afford to hit the number of shoots I used to on a regular weekly basis...the extra cash is simply not there.

I saw Clinton on Letterman the other night...he has been stumping all over the country for Obama. He basically said that Washington needs to wake up and smell the coffee...that over 2/3rds of our nation is living hand to mouth and can ill-afford to take many more financial hits....whether you like the guy or not, it's difficult to deny the facts...we are a nation in trouble.

Lisa
Click to expand...

AMEN Sweetie!
 
bars closing

i live in mid missouri and in the last 3-4 years 8 bars have closed in this area. i am leasing a building i own that is being used as a bar and the lessee is wanting to break the lease because business is zero. 5 years ago i could go to 1/2 dozen tournaments within less than 1 hr drive. now there is nothing. in my jewelry store i buy scrap gold and silver, gold and silver coins and all related items. in the last few months i have seen a lot of customers that i have never seen before. a lot of people out there just trying to make ends meet. cnn said that to live in 2008 the same way you did in 2007 you had to make $5680.00 more. so imo its not just pool players its everyone, and could get worse. chuck starkey
 
Not all bad seeds? From the minute someone gets elected to dogcatcher or city council they owe favors to all the people that pulled strings to get them there. The higher the office the more favors they owe. Even if they wanted to be honest, and they don't, they must vote in a way that will get them reelected or elected to a higher office by these same people. You have lawyers that are making $200,000 year or more running for an office that pays half that. Why, because he or she want to serve the people? BS, it's because they know they can make connections in office to get big jobs in the companies that they help while there in office. The system is broke and has been for a long time. Start by getting rid of ALL lobbyists, then let the people vote via Internet on ALL new laws for which way they want him/her to vote in Washington or at the state level.

If it was up to me I'd mo them all down and start all over. Johnnyt
 
solved

gulyassy said:
Does anyone out there feel the squeeze by this slow economy? I think that gas has put a halt on pool. I never see any road players. Local pro tournaments have gone amateur. Larry Nevel is now working in Wisconsin. I talked to him Monday and he told me that he needed some kind of steady income. This is one of the most powerful forces in pool today. Why doesn't the US billiard industry take care of our professional players?
Click to expand...
Never fearold man stick is here!!!!! the solution!!! how many people in U.S. ????? 300,000,000 or close. well take the 7billion that they are going to buy out the investmant cop. with and give use each a 1,ooo,ooo that will save the econiamy!!!!:confused: :confused: :confused:
 
ceebee said:
one other bit of info;

Your Congressman has aided & abetted the folks on Wall street for 79 years now, since the fall of Wall Street in 1929. Remember that when you go to the polls, vote your congress member out of office, thay have failed you.
Click to expand...

The unconstitituional Federal Reserve Act in 1913 gave bankers the control of our money supply. Since then the dollar has lost about 97% of its value, because it is no longer backed by gold and silver. Ron Paul's bill to allow competing gold and silver currency can stop the erosion of the middle class through perpetual inflation. Sound money can be saved and increase in value. Even Ben Bernanke admits that the federal reserve caused the great depression. As Alan Greenspan admits that gold is the only stable currency ever known. Keynesian economics is a fraud perpetrated by elites to steal your money.
 
uh huh

Johnnyt said:
Not all bad seeds? From the minute someone gets elected to dogcatcher or city council they owe favors to all the people that pulled strings to get them there. The higher the office the more favors they owe. Even if they wanted to be honest, and they don't, they must vote in a way that will get them reelected or elected to a higher office by these same people. You have lawyers that are making $200,000 year or more running for an office that pays half that. Why, because he or she want to serve the people? BS, it's because they know they can make connections in office to get big jobs in the companies that they help while there in office. The system is broke and has been for a long time. Start by getting rid of ALL lobbyists, then let the people vote via Internet on ALL new laws for which way they want him/her to vote in Washington or at the state level.

If it was up to me I'd mo them all down and start all over. Johnnyt
Click to expand...

Yeah, but JohnnyT, if you mowed them all down and started over, it might be just like weeds.....the ones that replace them will become all corrupted again.....you just can't get rid of some of the worst aspects of human nature....
 
wahcheck said:
Yeah, but JohnnyT, if you mowed them all down and started over, it might be just like weeds.....the ones that replace them will become all corrupted again.....you just can't get rid of some of the worst aspects of human nature....
Click to expand...

You are right...they breed their kids to go into politics now. What the hell was I thinking? Johnnyt
 
gulyassy said:
Does anyone out there feel the squeeze by this slow economy? I think that gas has put a halt on pool. I never see any road players. Local pro tournaments have gone amateur. Larry Nevel is now working in Wisconsin. I talked to him Monday and he told me that he needed some kind of steady income. This is one of the most powerful forces in pool today. Why doesn't the US billiard industry take care of our professional players?
Click to expand...
Because the U.S. billiards industry could care less about professional pool. Their customers are home owners, room owners and leagues.
 
unknownpro said:
The unconstitituional Federal Reserve Act in 1913 gave bankers the control of our money supply. Since then the dollar has lost about 97% of its value, because it is no longer backed by gold and silver. Ron Paul's bill to allow competing gold and silver currency can stop the erosion of the middle class through perpetual inflation. Sound money can be saved and increase in value. Even Ben Bernanke admits that the federal reserve caused the great depression. As Alan Greenspan admits that gold is the only stable currency ever known. Keynesian economics is a fraud perpetrated by elites to steal your money.
Click to expand...


Why did you post this ??


America does not want
to hear the truth,

We like the warm comfortable
feeling of keeping our collective heads
in our collective asses,
and will continue to vote
to stay in that position.

When the loud explosion of Americas
collective heads being yanked out of our
asses is finally completely felt
perhaps then we as a nation can re-group
and become again what we once were:

FREE.
****************************


Bring on the depression.
 
Last edited:
ftgokie said:
.. I bought me one of them little Smart cars that gets 80mpg...
Click to expand...

What model is this? I was under the impression that the Smart cars only got ~40MPG highway...

As a comparison my wife's 2000 Diesel Jetta still gets 35MPG with 140,000 miles on the clock! That's with the A/C on and mixed city/highway.
 
my buddy has a smart car, he said its supposed to get 60mpg. He only gets around 30 though cause he has a lead foot. Waste of money imho.
 
asiasdad said:
Why did you post this ??


America does not want
to hear the truth,

We like the warm comfortable
feeling of keeping our collective heads
in our collective asses,
and will continue to vote
to stay in that position.

When the loud explosion of Americas
collective heads being yanked out of our
asses is finally completely felt
perhaps then we as a nation can re-group
and become again what we once were:

FREE.
****************************


Bring on the depression.
Click to expand...

I agree with everything you posted but the last sentence. I think the big problem is accountability of the S&Ls, insurance companies, etc. They start off small, work on sound business principles, become profitable, then something interesting happens. Greed sets in. They then worry about what the company looks like on paper rather than what product or service they provide, do anything and everything to inflate the value of the company by making stupid loans to people and businesses that you wouldn't personally loan a nickel to, and are surprised when they aren't paid back. Insurance companies typically don't make money on the premium they take in, rather the investment income they derive from it and hope that their loss ratio of premium to claims/loss is near break even. They write coverage that makes not sense at all (million dollar homes literally constructed on a beach in a known hurricane zone) and complain and ask the government to bail them out when they get slammed.

I don't think we have seen anything yet, although I would like to optimistic. We haven't even started to see the effects of bad credit from institutions that issue credit cards to people who realisically will never pay them back.
 
Johnnyt said:
Not all bad seeds? From the minute someone gets elected to dogcatcher or city council they owe favors to all the people that pulled strings to get them there. The higher the office the more favors they owe. Even if they wanted to be honest, and they don't, they must vote in a way that will get them reelected or elected to a higher office by these same people. You have lawyers that are making $200,000 year or more running for an office that pays half that. Why, because he or she want to serve the people? BS, it's because they know they can make connections in office to get big jobs in the companies that they help while there in office. The system is broke and has been for a long time. Start by getting rid of ALL lobbyists, then let the people vote via Internet on ALL new laws for which way they want him/her to vote in Washington or at the state level.

If it was up to me I'd mo them all down and start all over. Johnnyt
Click to expand...

That would be a great start Johnnyt...you are right also......I have been standing right where u are in that picture there in Delta Junction....i Love Alaska...thats why I go back every year...
 
cuenut said:
I agree with everything you posted but the last sentence. I think the big problem is accountability of the S&Ls, insurance companies, etc. They start off small, work on sound business principles, become profitable, then something interesting happens. Greed sets in. They then worry about what the company looks like on paper rather than what product or service they provide, do anything and everything to inflate the value of the company by making stupid loans to people and businesses that you wouldn't personally loan a nickel to, and are surprised when they aren't paid back. Insurance companies typically don't make money on the premium they take in, rather the investment income they derive from it and hope that their loss ratio of premium to claims/loss is near break even. They write coverage that makes not sense at all (million dollar homes literally constructed on a beach in a known hurricane zone) and complain and ask the government to bail them out when they get slammed.

I don't think we have seen anything yet, although I would like to optimistic. We haven't even started to see the effects of bad credit from institutions that issue credit cards to people who realisically will never pay them back.
Click to expand...

Bring on the depression.

Failure without humility only leads to more failure.

I never learned anything worth knowing in this
life without pain.
 
md5key said:
What model is this? I was under the impression that the Smart cars only got ~40MPG highway...

As a comparison my wife's 2000 Diesel Jetta still gets 35MPG with 140,000 miles on the clock! That's with the A/C on and mixed city/highway.
Click to expand...

Sorry typo.....mine gets 47 hwy....it was kinda hectic here right then and I was thying one thing..and typing another....:eek:
 
poolplayer2093 said:
i'm not worried about pool im just worried about us making it out of this mess as a country.
Click to expand...

TAP TAP TAP...Of course, we can still worry about Pool a little on the side :wink: ...Tom
 
cuenut said:
I agree with everything you posted but the last sentence. I think the big problem is accountability of the S&Ls, insurance companies, etc. They start off small, work on sound business principles, become profitable, then something interesting happens. Greed sets in. They then worry about what the company looks like on paper rather than what product or service they provide, do anything and everything to inflate the value of the company by making stupid loans to people and businesses that you wouldn't personally loan a nickel to, and are surprised when they aren't paid back. Insurance companies typically don't make money on the premium they take in, rather the investment income they derive from it and hope that their loss ratio of premium to claims/loss is near break even. They write coverage that makes not sense at all (million dollar homes literally constructed on a beach in a known hurricane zone) and complain and ask the government to bail them out when they get slammed.

I don't think we have seen anything yet, although I would like to optimistic. We haven't even started to see the effects of bad credit from institutions that issue credit cards to people who realisically will never pay them back.
Click to expand...

Actually, the law only requires banks to hold 10% reserves. So roughly 90% of the money they loan is counterfeit money stolen from everyone who holds dollars causing inflation. It is fraud. If the banks actually had your money they would not be afraid of bank runs. They will always be susceptable to bank runs as long as they are not required to have the money, by law.

And even if the laws were changed to eliminate fractional reserve banking, there still is a reason the Bible says usery (loaning money for interest) is a sin. Debt is slavery and should not be promoted by our government. Or incurred by our government.
 
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