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Survey Results

Are you worried about losing your job?   [Edit]

Survey period: 20 Oct 2008 to 27 Oct 2008

The World economy is currently having some performance and optimisation issues that, no matter how much we try, we can't blame on the hardware. Does this make you worry?

OptionVotes% 
I"ve already lost my job705.01
I"m very worried I may lose my job856.08
I"m slightly nervous about my job29220.90
I"m not too worried about my job37827.06
I"m not worried at all about my job34724.84
I"m untouchable. I laugh in the face of a recession.22516.11



 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
W Balboos, GHB20-Oct-08 11:01
mveW Balboos, GHB20-Oct-08 11:01 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Jim (SS)20-Oct-08 11:35
MemberJim (SS)20-Oct-08 11:35 
GeneralVideo for Republicans only -- Thanks Obama and Democrats. Pin
Calvin Fabre20-Oct-08 11:05
MemberCalvin Fabre20-Oct-08 11:05 
GeneralRe: Video for Republicans only -- Thanks Obama and Democrats. Pin
W Balboos, GHB21-Oct-08 4:54
mveW Balboos, GHB21-Oct-08 4:54 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Ed K20-Oct-08 11:18
MemberEd K20-Oct-08 11:18 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
W Balboos, GHB21-Oct-08 3:09
mveW Balboos, GHB21-Oct-08 3:09 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Ed K21-Oct-08 4:56
MemberEd K21-Oct-08 4:56 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
W Balboos, GHB21-Oct-08 5:12
mveW Balboos, GHB21-Oct-08 5:12 
Perhaps it’s different where you live, but my mortgage was originally brokered by just that – a mortgage broker. It was resold to CitiBank.
The banks make mortgages – but so do lots of other business.

Similarly, the buying up of loans by FM & FM - how, exactly does that relate to the Europeans buy up these loans, too. And the Asian nations? Maybe they thougth this paper was a good investment? Or did they want to go broke?


Ed K wrote:
The BAD loans are the ones that are causing the problems. NOT ones made to the those that could afford it.


We're really not making much progress on this point, but I'll say it one last time: borrowers were encouraged to take loans beyond their means due to some very creative financing. Regulations were loosened and worse: no one was checking up (i.e., auditing). This is incredibly like the S&L disaster, and for the same reason: cutting regulations only works with honest and ethical people.

We're talking about big business - (say Enron five times in eight seconds). They have one and only one motive. Maximize profits. That's there job. Ethics are an inconvenience that must be dealt with, gotten around, bought off, or, if all else fails, accepted.

Those making loans were being allowed to behave like used-car-dealers. They found a way to finance a $675,000 home for a $50,000 yr detective. No some poor slob - that is, until he had to put his home up for sale before he was in it a year. This was never the intent of any laws. The (deliberate) confusion of admittedly questionable legislation to put home ownership into the hands of the poor as the cause of this disaster is a load of crap.

A financial house of cards built with an unregulated loan industry and encouraged by the (temporary) short term boom it caused in real estate, construction, and the other related industries collapsed. It had to. The % of loans made by the FM & FM just plain can't account for it.

Grab a Computer. Do the Math.



(to the relief of many of you, this is my last round in this particular hamster cage).
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Ed K21-Oct-08 12:27
MemberEd K21-Oct-08 12:27 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
W Balboos, GHB22-Oct-08 2:11
mveW Balboos, GHB22-Oct-08 2:11 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Ed K22-Oct-08 3:43
MemberEd K22-Oct-08 3:43 
GeneralRead It And Weep Pin
W Balboos, GHB22-Oct-08 3:48
mveW Balboos, GHB22-Oct-08 3:48 
GeneralListen and learn [modified] Pin
Ed K22-Oct-08 16:01
MemberEd K22-Oct-08 16:01 
GeneralRe: Listen and learn Pin
W Balboos, GHB23-Oct-08 2:53
mveW Balboos, GHB23-Oct-08 2:53 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Calvin Fabre20-Oct-08 9:42
MemberCalvin Fabre20-Oct-08 9:42 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Member 9620-Oct-08 9:59
MemberMember 9620-Oct-08 9:59 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
John M. Drescher20-Oct-08 10:16
MemberJohn M. Drescher20-Oct-08 10:16 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Jeremy Falcon20-Oct-08 10:19
professionalJeremy Falcon20-Oct-08 10:19 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
Jeremy Falcon20-Oct-08 10:16
professionalJeremy Falcon20-Oct-08 10:16 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
John M. Drescher20-Oct-08 10:35
MemberJohn M. Drescher20-Oct-08 10:35 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
W Balboos, GHB20-Oct-08 10:26
mveW Balboos, GHB20-Oct-08 10:26 
GeneralRe: Reminder: Socialists vote on Wednesday, November 5th Pin
chaiguy133720-Oct-08 8:16
Memberchaiguy133720-Oct-08 8:16 
GeneralFYI, Soapbox is still there. Pin
Nemanja Trifunovic20-Oct-08 11:00
MemberNemanja Trifunovic20-Oct-08 11:00 
GeneralRe: FYI, Soapbox is still there. Pin
Jeremy Falcon20-Oct-08 11:15
professionalJeremy Falcon20-Oct-08 11:15 
GeneralFully agreed. [modified] Pin
John M. Drescher20-Oct-08 11:18
MemberJohn M. Drescher20-Oct-08 11:18 

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