Here comes the furloughs

[atlcrjdriver]

Stop being like sheep !!

You may be right, and when Rev. Wright runs for president I will not vote for him. Obama attended his church...correct. Did he draft his sermons...no. Does he believe in everything right says...no. He was his SPIRTIUAL advisor and mentor.

spirtual-of the spirit; religious

Wright may have made some very good sermons on the lord in his 20+ years of service, I don't know because I have never heard an entire sermon from him. Have you? To put a mans 20+ year career into a 2min sound bite is wrong. That is to say that if you bounce a landing that you suck as a pilot.

BTW, Obama was raised primarily by his mother and grandparents not over in a muslim extremist camp.

Not being a sheep, just getting the whole story and not a sound bite.

 

[satpak77]

lets face it, the economy is in the dumps. People loosing houses, gas prices at $3+ a gallon, this affects everyone with a car and it impacts the airlines also.

Credit card debt at all time highs (I routinely see people pump gas and buy groceries on CREDIT CARDS, not debit, but CREDIT CARDS), job growth sucks. Bush may claim XXXX thousands of jobs added this year, but XXXX thousand burger flippers at Burger King is not an indicator of a "growing job market"

The days of the $250,000 heavy captain (with 6-7 years from new hire to Capt) flying 5 days a month, all to Rome and Madrid, are over.

If you have a flying job paying $100K + a year, and it is "stable", count your lucky stars and just be happy.

 

[contrail67]

Thank you for educating us all...I guess it is back to changing diapers for you?...cheers.

 

[satpak77]

For God's sake, even Jim Cramer screams "NO, NO, NO..do not sell Bear Stearns....you would be an idiot to get out....they are not in trouble". Six days later the stock goes from $62 to $2. You would think that guy would have a clue. If he doesn't then why should we trust you. No offense.

I must go now.....it's my daughter's 1st birthday.

Jim Cramer is more successful at being on TV than he was as a hedge fund manager. My black Lab could have made millions in the internet boom period that Cramer "made his millions in".

 

[DTW320]

Credit card debt at all time highs (I routinely see people pump gas and buy groceries on CREDIT CARDS, not debit, but CREDIT CARDS)

I agree with your post, but would point out that using a credit card for gas and groceries doesn't automatically mean that person is in debt. I use a card for those purchases as well but pay the balance in full each month, it's convenient, I get a few hundred a year in "cash back" or "rewards", and haven't paid a dime in finance charges in over a decade.

 

[Bavarian Chef]

I agree with your post, but would point out that using a credit card for gas and groceries doesn't automatically mean that person is in debt. I use a card for those purchases as well but pay the balance in full each month, it's convenient, I get a few hundred a year in "cash back" or "rewards", and haven't paid a dime in finance charges in over a decade.

My checking account card IS a Visa credit card ... at least to the machine I swipe it in. I say or press "credit" and the purchase is paid for from my checking account. So while I also agree, who knows what accounts these people are actually using. You really cannot tell.

I don't use a traditional debit card because my brain is all maxed out on PIN numbers.

 

[satpak77]

I agree with your post, but would point out that using a credit card for gas and groceries doesn't automatically mean that person is in debt. I use a card for those purchases as well but pay the balance in full each month, it's convenient, I get a few hundred a year in "cash back" or "rewards", and haven't paid a dime in finance charges in over a decade.

FYI that I have personally spoken to multiple people, "regular citizens" who are in middle class jobs, they told me they have paid gas and groceries with credit cards. And they know many more who have.

I commend your cash-back approach, but I would surmise that in the big picture, guys like you are the minority

 

[DTW320]

FYI that I have personally spoken to multiple people, "regular citizens" who are in middle class jobs, they told me they have paid gas and groceries with credit cards. And they know many more who have.

I commend your cash-back approach, but I would surmise that in the big picture, guys like you are the minority

I agree, and I do know what your bigger point was. The thought of taking out a loan to buy groceries is pretty frightening stuff and I realize that there are many folks in that boat.

 

[satpak77]

I agree, and I do know what your bigger point was. The thought of taking out a loan to buy groceries is pretty frightening stuff and I realize that there are many folks in that boat.

some interesting reading

http://www.usnews.com/articles/busi.../28/mortgage-woes-boost-credit-card-debt.html

http://www.nytimes.com/2008/02/12/business/12credit.html?hp

 

[Rez O. Lewshun]

My checking account card IS a Visa credit card ... at least to the machine I swipe it in. I say or press "credit" and the purchase is paid for from my checking account. So while I also agree, who knows what accounts these people are actually using. You really cannot tell.

I don't use a traditional debit card because my brain is all maxed out on PIN numbers.

You expose your checking account to that level of ID fraud? YIKES!!!!

Its one thing to have fraud on a credit card.. You've got up to 30 days to clear it....

But to have fraud clean out your cash!!! YIKES again!!!