tag:blogger.com,1999:blog-3397167328061019765.post3152224927341565297..comments2024-01-16T03:55:26.266-05:00Comments on Welcome to Pottersville 2 (Blogging Against Fascism!): FIGHT BACK? Wedding Blues - The New Superclass, Trends to Barbarism, Army Suicides Reach One a Day: Economic Recovery of the Few (Very Few) Poor GirlsCirzehttp://www.blogger.com/profile/07070125217972397204noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3397167328061019765.post-32013093690961354472010-08-09T09:33:31.921-04:002010-08-09T09:33:31.921-04:00Thanks, Jerry.
I thought I was clarifying what yo...Thanks, Jerry.<br /><br />I thought I was clarifying what you were trying to make clear.<br /><br />Ha!<br /><br />Yes, the small guys are still on the ropes, and some say that it's no accident.<br /><br />Lots of cheap bargains to pick up in a downturn you know. And it's hardly an experience we need to keep experiencing.<br /><br />Love ya,<br /><br />S<br /><br /><i>but the average small business owner who is trying to hang on by paying down debt, and sacrificing profits. They are part of the grand deleveraging experience.</i><br />____________Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-75950981382903714772010-08-08T18:44:38.218-04:002010-08-08T18:44:38.218-04:00Hi there,
I wasn't meaning our gluttonous mul...Hi there,<br /><br />I wasn't meaning our gluttonous multi-nationals, which has socked away billions in profits, but the average small business owner who is trying to hang on by paying down debt, and sacrificing profits. They are part of the grand deleveraging experience.<br /><br />jerrymuralsignshttps://www.blogger.com/profile/07892531198621839798noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-73141906840431035322010-08-07T09:31:58.529-04:002010-08-07T09:31:58.529-04:00Yes, Jerry, as you know I'm aware that people ...Yes, Jerry, as you know I'm aware that people with jobs and savings are now deleveraging their debt by trying to save more in the face of what may be upcoming job uncertainty and an extremely shaky economy for many years in the future otherwise.<br /><br />And some businesses are certainly paying down debt as best they can in a shrinking consumer-demand economy.<br /><br />One thought you may want to entertain as well as that many of these businesses have socked away millions in profits for almost the whole last decade as there has been very little growth stateside as the jobs moved to cheaper venues overseas, and they are not really paying down debt so much as looking for new ways to leverage financially (watch out for those even newer financial instruments!) that taxpayer largesse they received for lending (with no strings attached courtesy of Goldman Sachs' Hank Paulson as you will remember).<br /><br />A very powerful reason why no <i>real</i> lending has occurred to even the solvent small guys as well.<br /><br />Thanks for commenting.<br /><br />I'm sure we'll both stay tuned.<br /><br />S<br /><br /><i>Business is trying to pay down debt, as opposed to looking for profits.</i><br />____________Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-15416232432155594232010-08-07T09:16:16.493-04:002010-08-07T09:16:16.493-04:00Oh, Mark,
Thanks so much for the update.
I am so...Oh, Mark,<br /><br />Thanks so much for the update.<br /><br />I am so touched for your wife, children and you. It's wonderful that she has so many friends. My sister has reconnected with many of her former friends/classmates on Facebook as she awaits her own demise. My family looks (largely) at the constant stream of visitors as a burden, but I see them as a real blessing. My sister is so sad all the time - and crying. It's hard to see someone you've loved for all her life die so meaninglessly.<br /><br />You have my best thoughts now. I know I'll have yours when I need them a little bit later.<br /><br />And you've got to just ignore asses. I do it on a daily basis, remembering that any time you spend worrying about them is time you are taking away from your own tranquility and ability to deal with life's current cataclysms (of which we have waaaayyy tooooo many right now).<br /><br />Take care of yourself and the kids.<br /><br />This too shall pass.<br /><br />SCirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-3934413013653849482010-08-06T23:06:42.978-04:002010-08-06T23:06:42.978-04:00Hi Suze, Sad posts. Agreed with the coming "A...Hi Suze, Sad posts. Agreed with the coming "Age of the Barbarians". I just got off a wicked flame war with my old nemisis SpongeBobCrackWhore over at Ornery's. I can't stand that guy, but he is the face of the new 'Murikans. <br /><br />Money... yuck. <br /><br />I spent the last few days getting Karen into Hospice as her time is short and her folks could not care for her anymore. My daughter has spent all her time there as she does not want her mother to die alone, but there is not much worry about that. She has had a steady stream of visitors since she checked in - pretty much 24/7. She is rich in friends. Her time is measured in days. We talked today - she whispered that she wanted to go outside. We wheeled her entire bed and O2 out the doors. Long story short - we will get to feel the warm air on our faces tomorrow, she may not. <br /><br />Love you Susan. Few more days. <br /><br />MarkGreendaymanhttps://www.blogger.com/profile/01710250693111228019noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-1529094049582577222010-08-06T22:42:46.161-04:002010-08-06T22:42:46.161-04:00I want to add that it is not just credit deflation...I want to add that it is not just credit deflation or evaporating credit, but a balance sheet deflation as business and households begin to deleverage their debt. That is why savings has grown a lot over the last couple of years, lending has nearly disappeared to small business and households. Business is trying to pay down debt, as opposed to looking for profits.<br /><br />jerrymuralsignshttps://www.blogger.com/profile/07892531198621839798noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-54238363385765936702010-08-06T12:16:36.744-04:002010-08-06T12:16:36.744-04:00Thanks for the good wishes, Marja!
You are a love...Thanks for the good wishes, Marja!<br /><br />You are a love. Or as the movie said, "A woman to love."<br /><br />Jerry, I could definitely adopt all your positions if I had a dependable job that I couldn't lose (like civil service or a state job - you know - something dependent on taxpayer funding that won't be revoked) or a "simple and creative idea" that guaranteed me economic salvation through the coming bad times. As if they haven't been bad enough for us seemingly permanently unemployed already.<br /><br />Unfortunately, all my good ideas have come to nought so far.<br /><br />But I keep plugging.<br /><br />Thanks for the good thoughts.<br /><br />S<br /><br /><i>So Suzan, don't despair. I understand your economic situation, but currently, we do live in a time where deflation is here (especially credit deflation), and becoming more serious.</i><br />_____________Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-90587016870589068782010-08-05T23:49:18.971-04:002010-08-05T23:49:18.971-04:00I have a few things to say here. I understand abou...I have a few things to say here. I understand about putting one's blogspot to rest. I have thought about doing so with eye-on-washington. I just haven't climbed up high enough to see the other side yet. <br /><br />On the Chelsea Morning wedding---I don't care. The elite do what they want. Americans buy their books, and go to their lectures, therefore they earn millions. <br /><br />If they want to spend such a ridiculous amount on the wedding of two people that could end in separation, then so be it.<br /><br />On the economy and its slippage into the deflationary rabbit hole. I respect and read Professor Paul Craig Roberts, but his last piece of the fall of our nation, I don't agree.<br /><br />I do feel it will get worse, before it does get better; although, BO has an opportunity to change the outcome by calling out the Repubic-ons and Democrapts who are choosing austerity over stimulus.<br /><br />Yes, we could head toward a decade of deflation not unlike what the Japanese have experienced. There are lessons to learn there. <br /><br />It appears that Bernanke is beginning to mop up US bonds that are being sold on the world stage. This means that the US begins to own its own debt. And then, the Fed pays the bond interest to the Treasury.<br /><br />I do believe BO, if he can pull the puppet strings off his body, can bring the nation out of recession by forcing the trillions of dollars of cash liquidity lying out there being held by the megabanks and others back into the hands of business for lending, expansion, jobs, growth can occur. I am not holding my breath that he will, but I hold out that he might.<br /><br />I want to believe that the American people will get angry enough because so little has "Trickled Down" that if BO doesn't initiate it, the American people will force it.<br /><br />So Suzan, don't despair. I understand your economic situation, but currently, we do live in a time where deflation is here (especially credit deflation), and becoming more serious. But, we do live in a time where if one has a simple and creative idea that one can make with his/her own hands, and it is useful, then one can possibly create a living for themselves.<br /><br />take care, jerrymuralsignshttps://www.blogger.com/profile/07892531198621839798noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-33124569256308100092010-08-05T23:17:37.397-04:002010-08-05T23:17:37.397-04:00Hi susan It is outrageous when there is poverty to...Hi susan It is outrageous when there is poverty to throw away so much money for a wedding. Sadly I read about you closing your blog. You are such a kind sweet person fighting for the right. If you have to go I hope you will return one day and I wiss you lots of luck and that things will turn out better for you<br />Lot of love MarjaMarjahttps://www.blogger.com/profile/17458942200244031009noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-27032726923417455712010-08-05T09:18:37.784-04:002010-08-05T09:18:37.784-04:00It's financial, dear.
Not emotional fatigue o...It's financial, dear.<br /><br />Not emotional fatigue or some personal pique.<br /><br />I have no regular income (and with the state of the economy today, and no prospects for improvement in sight, not that many people want to employ me to fix their computers or do business tasks now), and I just can't afford the expenses that are required to put the hours in every day at the library.<br /><br />I don't live in CA where there is free public transporation, etc., for the poverty stricken (or anything else here in NC).<br /><br />I must now figure out what to do with myself as well as my time and it's not a happy time for me.<br /><br />Thanks for caring. You do a great job of keeping us informed at your place. Kudos to you and your staff.<br /><br />SCirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-87689014176192519922010-08-04T15:19:05.107-04:002010-08-04T15:19:05.107-04:00I've been thinking for a long time now about t...<i>I've been thinking for a long time now about the end of this blog's existence. This week I lost my last kind benefactor (probably due to economic or psychic pain - you choose), and see the endpoint much more clearly now.</i><br /><br />What?<br /><br />Join forces, maybe? Or are you getting out all together?Anonymousnoreply@blogger.com