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Do not panic. We are not heading for a depression.

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:24 PM
Original message
Do not panic. We are not heading for a depression.
We are heading for a yawning, bottomless pit.

(Incidentlly, "panic" is what they used to call them in the 19th century. Then somebody decided the term "depression" was less fearsome than "panic.")
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:25 PM
Response to Original message
1. but good news, Starbucks is coming out with $1 coffee and the cup will be a handy
place to keep the pencils we'll be selling!
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Champion Jack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:30 PM
Response to Reply #1
2. Nah, screw that
I'm going into armed robbery.
I figure if I get real good the Republicans will draft me to run in 2012
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Kittycat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 03:03 PM
Response to Reply #1
11. I sold 40 pencils today. Made $2.
Coffee at our starbucks still costs more :(
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Tyler Durden Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:33 PM
Response to Original message
3. Now DON'T say anything like THAT!!
People will call you "Chicken Little" or do a YAAAWWN smilie.

Personally, I'm trying to soften my landing just a tad....because unfortunately I believe that the yawning pit HAS a bottom. And I have no intention of hitting it at terminal velocity.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 05:11 PM
Response to Reply #3
16. The market has fallen 14.5 % since oct...
I stated that on here a few days ago and all the stooges that would say this is nothing to worry about had nothing to say to that stat.

We are in for a fall.
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gasperc Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:41 PM
Response to Original message
4. feels more like a gigantic clusterfuck
but I'm not going to splice hairs here being that I'm in Michigan where the economy expanded a whopping -0.4% in 2006, the lowest in the country. Feel our pain man
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jkshaw Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 03:02 PM
Response to Reply #4
10. Splice or split, gasperc?
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 05:12 PM
Response to Reply #10
17. spleece? nt
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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 11:11 AM
Response to Reply #10
28. I prefer splicy cheese clusterfucks myself nt.
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:49 PM
Response to Original message
5. And then, that recession was less scary than depression.
keep changing the bar, but it's all the same.
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Kazak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:52 PM
Response to Original message
6. I've got my towel!
So,...I should be set, right? :shrug:
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:53 PM
Response to Original message
7. It's a correction
The correct place for all money to be is with the elites, who are off to Bermuda and have left you with worthless pieces of paper.
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 04:31 PM
Response to Reply #7
14. should Treasury be renamed "Department of Corrections"?
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Theres-a Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:00 PM
Response to Reply #14
44. Duzy!!!!!!!!!!!!!!!! nt
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lurky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 02:57 PM
Response to Original message
8. They will never call it a "depression",
even if it is one. Too many negative connotations. Here are my ideas for new euphemisms:

"Super-Recession" -- Super is good, right?
"Prolonged Buying Opportunity" -- Because that's how they always spin it: "A great time to snap up some cheap stocks!"
"National Vacation" -- We could all use a little time off, right?
"The Biggest Loser: America Edition" -- Great news! The obesity epidemic is over!

Does anybody have any other ones?
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 03:00 PM
Response to Reply #8
9. or what they are calling it now
a "slow down" what total BS, anyway to keep the truth away and manipulate the American people to accept this hook, line and sinker they will do it.
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jkshaw Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 03:09 PM
Response to Reply #9
12. I recommend re-reading
John Kenneth Galbraith's The Great Crash. I read it years ago, and then read it again for a piece about the Great Depression in Utah. Last night I pulled it out once more. History repeats itself, euphemisms and all.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 04:21 PM
Response to Reply #8
13. Sadly, obesity gets worse in bad times.
People switch from expensive, healthy foods to starchy crap. Think macaroni & cheese. That's why the poor are already fatter than the middle class.
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:33 PM
Response to Reply #13
36. you are correct
it astounds me how many repukes see obesity as "proof" that people cannot be poor
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halobeam Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 07:10 PM
Response to Reply #36
47. As I sit here filling up on rice,
I hear ya.
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VotesForWomen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 04:58 PM
Response to Original message
15. a lot of us are already there. lucky to be working, but barely payng the bills. nt
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kineneb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 05:21 PM
Response to Original message
18. and the abyss will look back
Und wenn du lange in einen Abgrund blickst, blickt der Abgrund auch in dich hinein.
-Nietzsche


"And when you look long into an abyss, the abyss is also looking back at you."
Do not know why that popped into my mind, but there it is. Methinks the abyss will not look upon us kindly.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 08:00 PM
Response to Reply #18
19. Die Übersetzung war nicht notwendig.
Aber danke.
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zabet Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:50 AM
Response to Reply #18
27. That is what popped into my head too.
GMTA :toast:

The abyss :scared:
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 08:20 PM
Response to Original message
20. Well, if the bottomless pit is yawning, it must be bored. Let's make things more interesting.
Seriously. Isn't it getting to be about time for the milk cows to be looking around and wondering why their milk is being taken away by a machine instead of being fed to their own children?

Just a thought...

sw
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 09:44 AM
Response to Reply #20
24. Reminds me of a cartoon I saw years ago. These two hens were standing in the farmyard,
Edited on Thu Jan-24-08 09:44 AM by Jackpine Radical
and one of them, with a sort of sick, wide-eyed look is saying to the other, "You know, with all the eggs we lay, there should be a lot more of us."

:loveya:
Jim
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 09:08 PM
Response to Reply #24
41. Sounds like a Gary Larson cartoon.
We're just livestock. They herd us, they pen us, they milk us, they take our eggs. If we can't produce enough milk or eggs, they cull us, slaughter us, make us into feed for other livestock.

:loveya:
sw
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 08:24 PM
Response to Original message
21. k&r, btw (nt)
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 08:28 PM
Response to Original message
22. They don't even call it a "depression". Instead it's a "downturn".
Puhleeze! :eyes:
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TalkingDog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-23-08 09:19 PM
Response to Original message
23. I will paraphrase my ever-so-sunny MIL who
in discussing the Pittsburgh Post-Superbowl destruction thought that the term "riot" was too harsh and wanted to call it a "celebration".....


"Depression is such a harsh term, why don't we say a few pennies short, instead?"


Seriously, she would make June Cleaver go into a diabetic coma.


My Favorite Master Artist: Karen Parker GhostWoman Studios
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halobeam Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 07:13 PM
Response to Reply #23
48. you must be my BIL.. cuz thats my mom you are talkin' about
lol
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izzybeans Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 09:51 AM
Response to Original message
25. Now they go with recession.
Edited on Thu Jan-24-08 09:53 AM by izzybeans
Bush prefers the Orwellian "robust economy"
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 10:22 AM
Response to Original message
26. !
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librarycard Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 02:45 PM
Response to Original message
29. Isn't this Round 2 of giving nearly free loans to the corps?
Look for a make-over of your local shopping mall!
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LanternWaste Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 02:48 PM
Response to Original message
30. The end is nigh.
The end is nigh. Rapture Ready Index is popping the meter. The end of the world is at hand. Stock up on MRE's, tuna and duct tape. Fire. Flood. Famine. etc...
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librarycard Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:07 PM
Response to Reply #30
32. You remind me of somebody I used to "know"
Are you a Jesse Cook fan?
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LanternWaste Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:22 PM
Response to Reply #32
33. I doubt it-- as the name Jesse Cook is completely unfamiliar to me
"Are you a Jesse Cook fan?"

I doubt it-- as the name Jesse Cook is completely unfamiliar to me. (Quick Wiki search digs up Jesse Cook as a Canadian solo artist influenced by jazz. Ok-- I'm not a fan today, but that could change after I d/l and give a listen to one or two of his singles...)
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librarycard Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:25 PM
Response to Reply #33
35. You will be a fan soon...
Start with "Montreal" CD. Enjoy!
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:25 PM
Response to Reply #30
34. Too much mercury in tuna... eat the duct tape.. it's probably more nutritious n/t
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Jed Dilligan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 03:03 PM
Response to Original message
31. It's funny that now we have drugs for both...
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:12 PM
Response to Reply #31
37. Xanax or Prozac?
Prozac or Xanax? Decisions, decisions...
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:20 PM
Response to Original message
38. And for the 21st century it will become either "The Big Downer" or "The Great Melancholy".
Thanks for the thread, Jackpine Radical.
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martymar64 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 05:18 PM
Response to Reply #38
40. How about the Major Bummer?
Or the Really Fucked Era.
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martymar64 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 05:13 PM
Response to Original message
39. My advice. Invest in dried foods and shotgun shells.
:hurts:
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 09:53 PM
Response to Reply #39
42. Problem with shotgun shells is that
they're only good for small game. You're gonna need some ammo for that deer rifle too. Better yet, get handloading equipment& supplies for both.

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martymar64 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 06:48 PM
Response to Reply #42
45. Game?
I was thinking more close-range self-defense. Deer rifle's not a problem either. Nor is handloading gear.
It's always good to be prepared. Ask any Boy Scout!
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 10:51 PM
Response to Reply #45
49. Try not to waste your ammo on people.
They have too many toxins in their bodies for safe long-term consumption.
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 10:55 PM
Response to Reply #49
50. Really! Talk about your chemical soup!
Some people really need to be more informed about their food sources!
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kelligesq Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 09:54 PM
Response to Reply #39
43. plant fruit trees and vegetables. durn, we had a giant
avocado tree , humongous filled with avocados until the hurricane took it down.
I could live on avocados.
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martymar64 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 06:50 PM
Response to Reply #43
46. I'm getting a small fig tree for my patio.
I feel about figs the way you do about avocados, which are terrific too! I'm putting other vegetable planters out there as well. Tamaters and peppers and maybe something else I haven't decide on yet.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 11:00 PM
Response to Reply #43
51. I hear that fruit trees grow better if you plant a Republican with them.
But, again, you have to worry about the toxins.
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