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Great Depression again?

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  • #61
    Re: Great Depression again?

    Originally posted by horsepwr View Post
    DJ it's as simple as this. You're totally wrong like with anything that spews from your media spattered vocabulary..'fear mongering'..etc etc...You over emphasize everything, throwing terms you hear from your beloved whack job media all over the place. "The Great Depressioin is back."lmao... I see it's just encoded in your genes handed down straight from your grandmother to you. Everyone you know is unemployed and can't draw unemployment "for some reason"?...I got an answer, Stop hanging around losers that won't work. I could go down to the local bum hang out and make that statement too, but I happen to be surrounded by successful, gainfully employed, happy people that would laugh in your face and remind you that you're as crazy as the horse that rode you in. And that goes from corporate employees to construction workers that you seem to think you know so much about, but obviously don't, or else you'd be busy making money hand over fist like these guys are in this time of "great depression". bwahahahaha!! I thought I'd heard it all, but you can still catch me off guard and make me laugh first thing in the morning. Thanks for the laugh there guy. You can ramble on about the great depression and how the government is watching you through the eye on your laptop via MS Vista and all that craziness. I'm done trying to make a point to you. Refer to trip's posts, pigmeat's posts, bowbow's post and hard facts for more real information on the subject. Then read up on how it was in the great depression. Stop asking people that are milling around shopping malls during the day for what they think about the economy while their out buying shyt..wtf?? Or you didn't do that. You got that from your media sources as well, huh... note: change sources of information

    You are the reason for the saying "Never argue with an idiot. They'll drag you down to their level and beat you with experience." That's exactly what you do every 'debate' you're in. You know from first hand experience...blah blah blah...I know, I know dj... you know everything from first hand experience. You knew you were right about what make car was better than the other until you finally saw the light. I don't expect somebody that's absolutely wrong on every single subject to get it all at once or even get it all, but hopefully you see the light on some more issues before your day comes. When is your life going to get any better so you can experience some goodness? You do realize that old saying is true, that "life is what you make it." I just hope you'll let some good life in before it's too late. Go camping, go get by the water, stop poisoning your mind with all that negative garbage. Just delete that stuff from your life, or just take it way down to a minimum. Just 2 pennies worth from me to you.

    peace, love and happiness

    Once again you fail! If you had any comprehension skills whatsoever you should now by now I am deadset on the thought that the media is controlled by the government! So where the hell are you getting this idea my vocabulary is media spattered as you put it?

    I think they need to post some true stories in order for public to trust them, and the rest are government mandated lies!

    How come you always have issues in every single debate we have with comprehension? That's where the bulk of our problem is!

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    • #62
      Re: Great Depression again?

      Trip you're definitely right on China, I'll give you that!

      Horse, the fact that you don't see there is a recession speaks volumes of your intelligence!

      As for your construction comment you are so far off in left field it's unbelievable! Have you any clue what happens when there is a fallout in the housing industry?????

      THE F'N CONSTRUCTION INDUSTRY HALTS! DUH!

      You tard I work in that industry, my family is in that industry, my friends are in that industry! I think I have first hand knowledge! What would you call it, 3rd hand knowledge? You're freaking retarded!

      You sit there and take shot after shot at me like an f'n moron, and make absolutely zero sense! I atleast provide facts, and things you can look up. You provide mere opinion, with nothing you can look up! Where is your proof the economy is doing good? Where is your proof the construction industry is thriving? It's not even logical!

      As Nobel price winner Bertrand Russel said back in the 30's...

      "Diet, injections, and injunction will combine, from a very early age to produce the sort of character and the sort of beliefs that the authorities consider desirable.......and any serious criticism of the powers that be will become psychologically impossible!"

      I know that will go far over your head because you're one of the "Types" he's talking about. Through vaccines, pharmaceuticals, and food the government planned on dumbing down the population to gain total control of it's people. He won a nobel prize for this!

      Makes sense why you don't get it! It's already starting to rear it's ugly head, and it's very apparent with so many so blind to the obvious. It's like half the population is walking around with the only thought in mind is just "bvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv vv"

      Lemming!

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      • #63
        Re: Great Depression again?

        At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

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        • #64
          Re: Great Depression again?

          ^^^^^ BOOM SHAKALAKA! ^^^

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          • #65
            Re: Great Depression again?

            BTW, I meant Nobel PRIZE winner.

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            • #66
              Re: Great Depression again?

              lol, when will you face it?..you don't know what you mean. Your intellect, or lack-there-of, shines let me tell ya. You might try and watch your mouth with the "retard" remarks. Grow up. You're not in 2nd grade anymore. Some words stir strong feelings with some people depending on what life has taught them. You'll get it over time...maybe. I won't hold it against you. You usually get 1 free pass for ignorance, but you've burnt thru several now.

              You need proof?.. More like, you need proper guidance. Check the U.S. Dept of Labor records for unemployment rates. PROOF! bloomberg.com can verify interest rates...PROOF! The NYSE can verify record reportings...PROOF! Go find any farmer or just research with that "genius"..PAHHAH!..'scuse me, mind you have and you'll get your PROOF of crop, livestock, grain, etc etc...PROOF!!!

              I realize the hard time you're having with actcual words and phrases that form (sentences), which ultimately combine to form (paragraphs), but just re-read until it sinks in. Think [sponge]...absorb... remember, left to right. Tylenol for headaches and Mydol for any cramps.

              note: work on some new material there doucebahh..ahh, diggler...the highjacked "bvvvv" and cheezy "boom-shockablablah' things you always drool after another misinformed post shows your stupidity even the 1st time. After a few dozen it just gets sad.

              There. You have direction for research purposes. Use that exceptional, especially ingenious and talented mind you have between those ears and have a good time. Make it fun! It helps the learning curve.

              Oh, and it does go to show who knows how to operate successfully in construciton with today's market. My father-inlaw has 8 homes under construction as we speak, ranging from 3500sq ft to 7500sq ft. Although that is down about 30% from a few yrs ago, he's still building them per order. I have a couple others that are very close to me in construciton that are literally cranking it out. I see today's construction environment as a purging market. I know the job market is absolutely booming right now though.

              Remember, life is what you make it. The biggest and best advice I could give to you dj is stop blaming others for your pitfalls...The faster you get that, the better off you'll be.
              1 up

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              • #67
                Re: Great Depression again?

                Originally posted by horsepwr View Post

                You need proof?.. More like, you need proper guidance. Check the U.S. Dept of Labor records for unemployment rates. PROOF! bloomberg.com can verify interest rates...PROOF! The NYSE can verify record reportings...PROOF! Go find any farmer or just research with that "genius"..PAHHAH!..'scuse me, mind you have and you'll get your PROOF of crop, livestock, grain, etc etc...PROOF!!!
                U.S department of labor record isn't accurate in the least! NOT PROOF!

                Bloomberg can verify interest rates? You mean the rates they have to keep dropping to save the market? HAHAHAHAHAHAH! You're right that is proof.........PROOF I'M RIGHT!

                NYSE companies are stating record losses! The service industry has taken a big hit, as well as basically every other aspect of business!



                Originally posted by horsepwr View Post
                Oh, and it does go to show who knows how to operate successfully in construciton with today's market. My father-inlaw has 8 homes under construction as we speak, ranging from 3500sq ft to 7500sq ft. Although that is down about 30% from a few yrs ago, he's still building them per order. I have a couple others that are very close to me in construciton that are literally cranking it out. I see today's construction environment as a purging market. I know the job market is absolutely booming right now though.
                Man you just are lost! The rich aren't really effected as much by a recession, that's where they thrive! They have the ability to buy up all the property, cheap stocks, and everything else so when it rebounds they are even richer than previously. Of course your father in law is selling homes that size! That's not homes for middle class!

                So you're honestly saying that the construction industry is not seriously effected by a housing market crash?

                Man again you lose!

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                • #68
                  Re: Great Depression again?

                  That's right. I see what you're saying now. I get it now.
                  1 up

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                  • #69
                    Re: Great Depression again?

                    well, i ran a construction company for 20 years, if you're good, you are never out of work

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                    • #70
                      Re: Great Depression again?

                      Originally posted by trip View Post
                      well, i ran a construction company for 20 years, if you're good, you are never out of work
                      That's basically why I refer to it as a purging phase right now. The good construction companies can't even tell a difference right now. Especially the subs or guys that aren't used to building more than 2-3 homes at once (and are good). The not so good construction guys are hurting. It all depends on who you ask in construction right now if they think that a recession is happening or not. And if they do, you might consider the next guy that hasn't slowed down any.

                      Excellent point. I wasn't going to come right out and say it, but that's on point for the construction market right now.
                      1 up

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                      • #71
                        Re: Great Depression again?

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                        • #72
                          Re: Great Depression again?

                          It has nothing to do with being good trip. If people don't have money, they aren't going to spend it!

                          The housing slump has stopped people from doing improvements on their homes. This is a market where people are afraid to invest in something that might be worth much less a few months from now. Sure there is still sporadic business......but again that is sporadic.

                          In a market where there is a credit crunch, a mortgage company is not going to give someone a loan for improvements unless they have equity. If the home prices are plunging (which they are) the equity they might have had, might now be gone or very little. So that takes a giant hit at the construction industry.

                          As I said earlier my father in law is a foreman for one of the biggest companies in the nation. They laid off hundreds of employees because of a lack of work. They get usually all government contracts, and other big jobs. Like I said before BILLION dollar jobs. They barely have any work now, because work is sparse.

                          Then to top it off prices of materials is through the roof since energy costs have dramatically risen, which in turn means it costs more to make the products, then if that wasn't bad enough the gas costs more so it costs more to transport the products. So out of the box it costs MUCH more for materials!

                          Again that's not just speculation, this is what I and others are experiencing right now. Horse do you run a construction business? I do. I actually own one in florida and have a franchise in NY. Two seperate markets, and both are experiencing the same issues with work and pricing.

                          My NY office uses a different distributor and they have the same issues with a dramatic rise in material costs.

                          Logic alone should tell you that gas prices rising 3X what it was will very easily devastate a market. It's a domino effect. I don't get why that is so unbelievable.

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                          • #73
                            Re: Great Depression again?

                            Referring to our economy as another "great depression" is unbelievable dj. I know that lumber treated/non-treated is less than it was 3-4 years ago. Aluminum hasn't went up more than normal over the past 5 years. Vinyl prices are good. Nothing out of the ordinary in those departments of building materials. I'm just talking about Florida. I can't speak for NY.
                            1 up

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                            • #74
                              Re: Great Depression again?

                              dj, i will agree that the economy is struggling in alot of ways right now, but to compare...i mean call it "the great depression" is one of the funniest things i ever hears,lol...during the depression, people were lined up to get their govt rations so they didnt starve to death...to compare todays economy to that is not one of your brighter statements..
                              SUPERMOD@ LORDSOFIRON.COM (invite only)








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                              • #75
                                Re: Great Depression again?

                                The market for billion dollar jobs, has been and always will be limited. That is a huge number, their are probably only a half dozen contracts awarded in the us of that size a year.

                                I'm not saying it's not tough. If you have a billion dollar job, it should be a 3-7 year completion date, u take into account during the bid process a 2% escalation rate on materials on average, for a longer time frame u raise that a 1/2 %-1% a year, now in this environment you're in trouble if you did not estimate costs correctly. That is a major problem for all construction companies now, especially if management and cost controls are highly average. I will not even begin to go into stories about The Deviation Report, if you're not on top of that every week, u go forward at your own idiot risk. 90% of all job problems on construction sites are planning issues, notthing more, nothhing less. And the less u plan the more problems u have.

                                Right now, local governments have money problems due to taxes so projects will be less, or less of a size, same with us govt. That does not mean work will not take place.

                                Folks are always working on homes, the last i looked they hadn't closed down lowe's or home depot.

                                Granted if you're marketing a product that is tied to some roi where u help get em financing u're in a fifty year storm, no doubt, that just means big changes are in store.

                                With 3 billion capitilast added, that means we have 1.5 billion more competitors for jobs. The world is awash in money. Money flows where money grows. And supply demand dynmaics are more important than ever, which just means u have to be smarter about the future and how u can profit.

                                A note on emplyee's. I've had many, and have helped folks get major high paying jobs, doing career counseling.

                                The map never ever changes.

                                1. Integrity, a high regard for the truth and the upholding of standards.

                                2. Going the extra Mile.

                                3. Raising your standards, over time, ie learning more about ur job.

                                4. Consistency.


                                I can tell in one month if an employee embodies these traits, if they do not, there will be issues in the future.

                                Otherwise these are all the traits of the best and brightest and most successfull people i ever worked with or met in any industry.

                                Why? IMHO, u can train anyone to do anything, if they have this value system, and then let them go prosper with limited management cause they always do there best, and always do the right thing. ie, zero problems with these guys.

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