News Item: 'Nurther day, another dollar...
(Category: Opinion)
Posted by Wildhair
Saturday 12 December 2009 - 15:37:05
What a wild ride this last year turned out to be. Gas prices shot through the roof as greed from speculators and producers dug in and attempted to see just how deep they could reach into everyones pocket. I hope they made enough to ride out the boomerang effect it caused. Not only the US economy tanked, but so did everyone elses close on Americas boot heels. Hell on wheels effect as people quit making house payments in order to have the gas to go to work. This lastest long enough so the weakest link caved in first.
With the way Americans have saddled themselves with debt, the gas prices created a crunch in those who tended to spend more on credit than they had coming in. Kick up the gas price while they were already on the bleeding edge (not technology, debt...) and it did not take long before they had to begin making the choice to buy gas to go to work, or make the house payment. Many on this road began to hit up Mom and Dad. However they were having issues of their own.
Thus the domino effect began. It first began with a call from Harry Taggart in Las Vegas to his mom in Deluth.(flash back to Henry talking to his mom. Henry is in his mid thirties. Sweat is beading on his brow even though the A.C is runing flat out. That is, the fan is running, the A/C is not working. Henry hasn't paid is power bill, and he has sneakily run a power cord from his neighbors front porch outlet under the cover of dark the previous day..) "Say Mom .." Harry begins The loan to Harry then causes issues for Lori and George who had problems making ends meet with the gas increase causing them to miss one credit card payment, you know, the one they had made for year without fail, without missing a deadlline, with a lovely rate of only 4%..... voila, the credit card companies jump in and now the rate is 24% unbenownest to Lori and George who then shudder at the rate increase when the payment is due with 100 dollars interest on a 2 dollar purchase that didn't go through.
George suffered a massive coronoary while Lori had a siezure and now Harry, who has not a cent to his name is now responsible for a senile adult and all the payments that required which would not be made since of course Harry, is broke. At the bank, because George and Lori missed their payment (multiplied a dozen, no, hundreds of times over, Ferdinand is laid off at the bank in order that the Banks president meet their earnings threshold for their bonus this year.
Now Ferdinand (who by the way, hates his name), is now on the dole, who has never been on the dole before. Ferdinand is shocked to discover his unemployment only tallies up to 350 dollars a week (Ferdinand is employed in SC....) which after taxes means about 290 per week which was what he made in 10 hours previously. So now he can't afford his new Honda Accura which has to go back to the bank. The bank in the meantime, after paying off the bonuses for the year discovers it can't even make its phone bill, thus it declares bankruptcy and begins a chain of falling banks.
Meanwhile, George Bush being the lame duck he is, proclaims the largest bailout to banks in the US History (well, it was his bank that failed and George needs his cash of which only 100k is covered by FICA), while immediately raising the coverage to 250k so he can hit up at least 13 of the 28 banks he has an account at in order to remain solvent. In the interim shock, a black man is named president of the country and now he is being blamed for all of Georges actions... you know, the war in Iraq, Afghanistan and the economic crisis brought on by Harry who failed to make his payment on time.
Now in desperation, people all over the world are turning to spam, and other milliondollar ventures in order to make a dime, hacking at all the semi live web sites on the web (13 million and counting) including Wildhair.org whose webmaster has been out of work for the past two years already, and attempting to hack in and find ways of making it a spam machine for others.So sorry folks, while I try and fight off this onslight of less than stellar citizens of Russia and Ruwanda, I have to tighten up on basic controls to lock them out. And thus the 2009 Holiday season begins.
This news item is from Wildhair.org
( http://www.wildhair.org/news.php?extend.134 )
(Category: Opinion)
Posted by Wildhair
Saturday 12 December 2009 - 15:37:05
What a wild ride this last year turned out to be. Gas prices shot through the roof as greed from speculators and producers dug in and attempted to see just how deep they could reach into everyones pocket. I hope they made enough to ride out the boomerang effect it caused. Not only the US economy tanked, but so did everyone elses close on Americas boot heels. Hell on wheels effect as people quit making house payments in order to have the gas to go to work. This lastest long enough so the weakest link caved in first.
With the way Americans have saddled themselves with debt, the gas prices created a crunch in those who tended to spend more on credit than they had coming in. Kick up the gas price while they were already on the bleeding edge (not technology, debt...) and it did not take long before they had to begin making the choice to buy gas to go to work, or make the house payment. Many on this road began to hit up Mom and Dad. However they were having issues of their own.
Thus the domino effect began. It first began with a call from Harry Taggart in Las Vegas to his mom in Deluth.(flash back to Henry talking to his mom. Henry is in his mid thirties. Sweat is beading on his brow even though the A.C is runing flat out. That is, the fan is running, the A/C is not working. Henry hasn't paid is power bill, and he has sneakily run a power cord from his neighbors front porch outlet under the cover of dark the previous day..) "Say Mom .." Harry begins The loan to Harry then causes issues for Lori and George who had problems making ends meet with the gas increase causing them to miss one credit card payment, you know, the one they had made for year without fail, without missing a deadlline, with a lovely rate of only 4%..... voila, the credit card companies jump in and now the rate is 24% unbenownest to Lori and George who then shudder at the rate increase when the payment is due with 100 dollars interest on a 2 dollar purchase that didn't go through.
George suffered a massive coronoary while Lori had a siezure and now Harry, who has not a cent to his name is now responsible for a senile adult and all the payments that required which would not be made since of course Harry, is broke. At the bank, because George and Lori missed their payment (multiplied a dozen, no, hundreds of times over, Ferdinand is laid off at the bank in order that the Banks president meet their earnings threshold for their bonus this year.
Now Ferdinand (who by the way, hates his name), is now on the dole, who has never been on the dole before. Ferdinand is shocked to discover his unemployment only tallies up to 350 dollars a week (Ferdinand is employed in SC....) which after taxes means about 290 per week which was what he made in 10 hours previously. So now he can't afford his new Honda Accura which has to go back to the bank. The bank in the meantime, after paying off the bonuses for the year discovers it can't even make its phone bill, thus it declares bankruptcy and begins a chain of falling banks.
Meanwhile, George Bush being the lame duck he is, proclaims the largest bailout to banks in the US History (well, it was his bank that failed and George needs his cash of which only 100k is covered by FICA), while immediately raising the coverage to 250k so he can hit up at least 13 of the 28 banks he has an account at in order to remain solvent. In the interim shock, a black man is named president of the country and now he is being blamed for all of Georges actions... you know, the war in Iraq, Afghanistan and the economic crisis brought on by Harry who failed to make his payment on time.
Now in desperation, people all over the world are turning to spam, and other milliondollar ventures in order to make a dime, hacking at all the semi live web sites on the web (13 million and counting) including Wildhair.org whose webmaster has been out of work for the past two years already, and attempting to hack in and find ways of making it a spam machine for others.So sorry folks, while I try and fight off this onslight of less than stellar citizens of Russia and Ruwanda, I have to tighten up on basic controls to lock them out. And thus the 2009 Holiday season begins.
This news item is from Wildhair.org
( http://www.wildhair.org/news.php?extend.134 )