Posted on 03/09/2009 1:00:52 PM PDT by quesney
I figure the nation has a good three year supply of long pig liberals. After that, things should settle down.
>>>”long pig liberals”>>>>
What are you suggesting sir?
You could use that as your tagline.
I suggest, in the great communist tradition, that we renumber 2009 as Year Zero.
So many people have been told. you don’t lose anything until you sell, Keep your money in for the long term.
Some still have 401’s that continue to drop and they are afraid to pull out and then see it go back up. Just imagine if people really panicked and started bailing out.
I think the time is getting short where people will take their licking and run.
I was just thinking....Obama owns this Economy 100%. Pass the word.
Obama will have to explain to me how a tracking poll with no relevance and trillions of dollars of life savings and investment is the same
Trading ‘mystery pork’ for car parts, chicken eggs....
LOL. Just as long as I don’t have to eat that pork.
A letter from the boss.
To All My Valued Employees,
There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job. What does threaten your job however, is the changing political landscape in this country.
However, let me tell you some little tidbits of fact which might help you decide what is in your best interests.
First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a Back Story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You've seen my home at last years Christmas party. I'm sure all these flashy icons of luxury conjure up some idealized thoughts about my life.
However, what you don't see is the BACK STORY :
I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.
My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission.
I didn't have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business — hard work, discipline, and sacrifice.
Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes.
Instead of hitting the Nordstrom’s for the latest hot fashion item, I was trolling through the discount store extracting any clothing item that didn't look like it was birthed in the 70’s. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.
So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There is no “off” button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend.
There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden — the nice house, the Mercedes, the vacations...you never realize the Back Story and the sacrifices I've made.
Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed decades of my life for.
Yes, business ownership has it's benefits but the price I've paid is steep and not without wounds.
Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:
I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations, and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my “stimulus” check was? Zero. Nada. Zilch.
The question I have is this: Who is stimulating the economy? Me, the guy who has provided 23 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare check? Obviously, government feels the latter is the economic stimulus of this country.
The fact is, if I deducted and stole 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.
Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.
When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it.
Suddenly, the power brokers in Washington believe the poor of America are the essential drivers of the American economic engine. Nothing could be further from the truth and this is the type of change you can keep.
So where am I going with all this?
It's quite simple.
If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you.. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV, and your child's future. Frankly, it isn't my problem any more.
Then, I will close this company down, move to another country, and retire. You see, I'm done.
I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.
So, if you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the constitution, and will have changed its landscape forever. If that happens, you can find me sitting on a beach, retired, and with no employees to worry about...
Signed, THE BOSS
This is a simple, straightforward, explanation of what's going on in Washington. As you can easily tell from this letter, the outcome isn't going to be pretty if we, the People, don't regain control. Let's hope and pray we do and get it done in time before its too late!!
” I’m guessing the true bottom is a date and not a number. Around July 2012, we’ll see the writing on the wall and know that the excursion into socialism is over. That’ll be the bottom and the time to buy. I’ll do my research in January 2012, undate monthly, and buy as soon as an Obama defeat looks inevitable. It wouldn’t surprise me if July 2012 to July 2013 turns out to be the best year in stock market history. I just pray that I’ll be able to buy in 2012 and not put it off until 2016 (I’m out of the market until the socialist is ready to get the boot). “
****Bingo.*** I’d say maybe a little before 2012. Market’s are always forward looking, so they’ll start picking up when the see odds for a change in business climate improving. If someone like Palin starts their unoffical campaign off strong, we could start seeing improvement in 2011, or maybe even earlier. In any case, while Obama and the Dem Congress are in the driver’s seat and GOP is in disarray, all bets are off on where the bottom is (or if there even is one) and saavy investors with their own money at stake know it — hence the market plunging new lows.
It really started in May/June 2008 when Hillary had the nomination stolen from her in ACORN thug rigged caucuses. The Down was 13,500 then.
“What you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you’ve got a long-term perspective on it.”
And oil is up. Cool!
Stop buying anything that you don’t need for survival. We’re getting changes in constituency leadership soon, so that we can have a real pro-American conservative party.
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