Is Unemployment the Worst Since the Great Depression?

[DamnYankee]

It'll get worse before it gets better. The foreclosure crisis has zero signs of dissipating and will, in fact, get worse. Good luck to you.

You may want to drop your congresscritter a line and let her or him know that allowing bankruptcy judges to modify primary residence mortgages is one of the few things that will help the foreclosure crisis. Otherwise, you're going to be in for quite a ride.

My business is a one man show and I've always been able to give a select group of clients good value for their consulting dollar. Several of my competitors have gone out of business or stripped down to bare bones so there's about the same level of competition for work as there was during the boom period. Since I knew it was a boom, I made appropriate investments that help me through this. I've trimmed my expenses down, got my vegetable garden back on line, and still have my old tools and skills to maintain my homes myself as well as make improvements that will add value to be realized when the market comes back.

I have built excellent credit, so am also considering a slight re-work of my business model to include renovating foreclosure properties for rental. I'll be applying for my General Contractor's license to make me even more creditworthy for purchase and construction loans.

The Southern Man will not simply survive; he will prosper.

 

[TuTu Monroe]

Why TuTU; I didn't know you worked for a car manufacturer!!!
Can you get me discount??

For you my very loyal friend, yes I can.

 

[Cancel 2018. 3]

Retarded. You would be unemployed right now if Obama had not enacted the bailout and the stimulus. You have no understanding of basic economics.

this great....explain exactly how his bailout and stimulus has saved her job or any of our jobs or anyone's job....what exatly did the bailout and stimulus do?

unemployment just reached near level records where i live, up 3% from last time....unemployment has risen across the nation and obama says it will get worse....yet YOU claim but for the bailout and stimulus she would be unemployed.....??