Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: SmoothSail who wrote (181119)	7/16/2009 7:29:48 AM
From: goldworldnet	Respond to of 225578

Some parts of the country are struggling more than others, but the malaise is spreading. * * *

To: SmoothSail who wrote (181119)	7/16/2009 10:09:23 AM
From: Alan Smithee	Read Replies (2) \| Respond to of 225578

Today, a very good friend who owns a successful ad agency that I do a lot of contract work for, told me that she can only operate for one more month and then will have to lay off her 15 employees. She struggled for 10 years to get the creds and now says she has to walk away. I'm hearing more and more stories like that, unfortunately. These idiots in DC have no concept of the damage they are doing to the country and its economy. And just think, the tax increases really haven't kicked in yet. Just wait till they do and we'll see business failures up and down the line.

To: SmoothSail who wrote (181119)	7/16/2009 10:47:39 AM
From: Alan Smithee	Read Replies (3) \| Respond to of 225578

Greetings from the beach

To: SmoothSail who wrote (181119)	7/16/2009 12:12:04 PM
From: KLP	2 Recommendations Read Replies (1) \| Respond to of 225578

We are mostly in Treasuries and cash now...but the real problem is "if (when)" the Government starts to print more and more money and causes Hyperinflation, what do we do then...? Even if we draw it out of the banks, securities, etc and put it under the mattress the dollar is worth whatever the country that backs it says it is....and what others outside the country say its worth.... The Government is currently in a currency and business destruction mode. We are now retired (even if he still goes to work at his own business at 73) and the inflation that we have all experienced since last summer with the $4 a gallon gas prices is very difficult to cope with...Boxes of cereal at nearly $5 etc, the costs of all utilities, and the rising cost again of gas, plus of course the rising taxes etc etc... I'm concluding the current group of misfits in DC either don't have a foggy clue of what they are doing and causing, OR worse yet, that they do.... They are continuing to add more and more programs rushed through, not thought out, at full speed ahead, to totally take over this country.