The slippery slope of the US economy – 07 Jun 08

Bush is obviously challenged to admit the current economic crisis is mounting. I just ask that someone hurry and upgrade the President so we can get out of the mess. I am supportive of good policy, and he did invite me to one of his fundraisers in Texas, what can I say, “thank you”, but that would have been a very expensive dinner and I had other things going on at the time, now I feel better I didn’t go – no offense meant, of course.

The slippery slope video link:

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More on the Economy

A picture tells a thousand words, videos are made up of thousands of pictures…Israej

Wallstreet’s Grim Forecast
http://youtube.com/watch?v=hjf9aN0Upxw&feature=user

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More on Gas Prices…

Ok, i’ve mentioned the rising gas prices…we are so used to cheap gas in the States, if you get:

20 miles to the gallon, and it is 5 miles there and 5 back, that’s 10 miles, well, if a gallon costs $8.00 then you are paying $4.00 to go there.

Now multiply this by what you drive to work each day…and we are talking about a mini-van fuel efficiency (20mpg approx).

Think about this, because others are thinking about it, and preparing for what could be the largest economic downturn in many decades. I would love to be optimistic, and I will be positively pragmatic, or positively pessimestic, but i’m not going to soft pedal what’s happening out there right now. CYA. That’s right, and if you don’t understand what that means, then you have to dive in a little deeper and get some street smarts to survive.

Here,

http://freep.com/apps/pbcs.dll/article?AID=/20080531/NEWS07/805310322

Now, this article is about Europe’s gas prices. Try to read it. This is actual news happening today. Don’t go out like a chicken with it’s head cut off when you read it. BUT, understand that we are sitting on a very fat balloon that is ready to be popped anytime they decide to stick the pin.

I’m not trying to promote panic, i’m trying to promote self preservation. You have to start looking at what you are spending, you have to tighten your budget, if i could say “spend, spend, spend”, i would love to do that, but i don’t think this is that time.

Don’t string yourself out on credit. You need credit, but only moderatly. If you have money, i’ve seen many people with bucks, some small, some rather large, tumble down, and it doesn’t take alot to do it.

The rest of us little people need to look to our families and to our selves and ask some honest questions about how we spend, and if we could survive if gas prices exceeded $8.00 per gallon. What effect do you think this would have on the world?

A little more math, and don’t think that what we use to drive to work each day is anything compared to the truck drivers that thankfully, bring us our food and supplies to the stores each day, they spend alot more,

BUT, let’s look at 10 miles a day.

that’s 200 working day miles a month right? then at $4.00 per gallon, that’s $80.00 in gas. NOW double that figure: $160.00. That’s $80.00 that you used to spend on going out to the restaurant, buying steak, seeing a movie, or buying extra socks. That could go higher, and from the looks of it, it may.

Save, remove extra debt, and start smelling the flowers and looking at the good things in life, not about shopping, not about things, but about good things that are meaningful.

Just another video on the state of things, again, it’s not about panic, it’s about thinking differently, starting a new and better lifestyle.

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$12 to $15 Gas prices possible!

Main thing we want to do here is to L I S T E N, and judge for ourselves. Watch and wait, we want to seperate fact from fiction. Don’t just breeze by this article. Unload the gas guzzler, or use it for weekend trips; but find a small, economic vehicle to drive to work because if gasoline goes to $6.00 per gallon will it not effect you?

Start thinking outside of the box we’ve all been put in, it’s not about fashion anymore.

Somewhere, on his/her yacht, someone is thanking you for owning that SUV!

more about “$12 to $15 Gas prices possible!“, posted with vodpod

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So you are now un-employed

First, I know you are going to panic. The rush of adrenaline that hits you, the “burning”. You may sweat, sleepless nights, the wife/husband crying – it get’s messy.

Don’t think that you are alone.

I know that you may fall right back into panic at any time. Alot will depend on how well you are set up. If your “parachute” is in place, then you’ve already prepared for this contingancy, so ignore this article, you don’t need it. If not, then you should calm down and prepare yourself for the future. This means a mental preperation, a re-structuring of your mind, you are no longer in your comfort zone, even though that may have been a misnomer, it was what you knew and were used to, and now you have a different situation. New situations are the start of something, and the finish of something-not the end. You can and will pull out of this, you need to believe in yourself, and your spouse.

You need to keep a level head. You also need to trust that voice inside of you that warns you and that intuition that tells you what you need to do. What I’m talking about is the little voice that say’s “don’t go out and buy a new car”, or “you really need to change supermarkets to wallmart”. If you know your situation is already compromised (low financially) the best thing you can do is to immediatly embrace your situation and take positive steps to secure your lifestyle.

Indeed, your lifestyle may well have to change.

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