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02-18-2009, 04:36 PM
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Administrator
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Ferd
not sure why you are saying that. your old enough to remember the 70s bro. that was really bad.
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Yup. I remember very well Jimmy Carter's wonderful economy with 21% interest rates and 18% inflation. Arghhhhh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
__________________
"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
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02-18-2009, 04:38 PM
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Beautiful are the feet......
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Join Date: Feb 2007
Location: Right...behind...you!
Posts: 6,600
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Ferd
not sure why you are saying that. your old enough to remember the 70s bro. that was really bad.
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I do remember the 70's, but the current situation is worse and getting more worse. We haven't reached the bottom yet!
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Words: For when an emoticon just isn't enough.
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02-18-2009, 04:39 PM
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Beautiful are the feet......
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Join Date: Feb 2007
Location: Right...behind...you!
Posts: 6,600
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by CC1
Yup. I remember very well Jimmy Carter's wonderful economy with 21% interest rates and 18% inflation. Arghhhhh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Look for run-away inflation to hit in 2010 or 2011! It's coming!
__________________
Words: For when an emoticon just isn't enough.
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02-18-2009, 04:40 PM
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Registered Member
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Join Date: Feb 2007
Location: Louisiana
Posts: 5,529
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Re: Are You Prepared For a Rough Ride in 2009?
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Originally Posted by Ferd
Dude, I posted just above you!
in fact we didnt enter a recession until the last quarter of 2008. we are still in it (I think).
Depression? This has yet to get as bad as the 1970's. sure there is a possiblity that it will get that bad and maybe worse... but it hasnt yet.
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Didn't they annouce awhile back that the recession started in Dec. 2007?
__________________
Psa 119:165 (KJV) 165 Great peace have they which love thy law: and nothing shall offend them.
"Do not believe everthing you read on the internet" - Abe Lincoln
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02-18-2009, 04:40 PM
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>>Primitive Pentecostal<<
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Join Date: Dec 2008
Posts: 1,892
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Ferd
link me to the statistics.
a recession is 2 quarters of negative growth. the first 2 quarters of 2008 showed flat or slight postive growth. not technically a recession.
unless you can provide statistics to back that up?
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money.cnn.com/2008/12/01/news/economy/recession/ - 65k
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
Ferd, stop the denials. This is what the US government says. This is not hyperbole.
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02-18-2009, 04:42 PM
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Registered Member
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Join Date: Feb 2007
Location: Louisiana
Posts: 5,529
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Mr. Steinway
Look for run-away inflation to hit in 2010 or 2011! It's coming!
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2010? Try in May or June of 2009.
What we need to get us out of this is an honest to goodness World Wide shoot'n war......that's how we got out of the Great Depression....it wasn't FDR's policies...... 
__________________
Psa 119:165 (KJV) 165 Great peace have they which love thy law: and nothing shall offend them.
"Do not believe everthing you read on the internet" - Abe Lincoln
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02-18-2009, 04:42 PM
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>>Primitive Pentecostal<<
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Join Date: Dec 2008
Posts: 1,892
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Mr. Steinway
Look for run-away inflation to hit in 2010 or 2011! It's coming!
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Deflation is occuring now, and will continue through summer. But inflation will hit eventually, and it ain't gonna be pretty.
What are we gonna do when gas goes back up to $4 a gallon?
And it will.
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02-18-2009, 04:43 PM
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Christmas 2009
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Join Date: Feb 2007
Location: Jackson, TN
Posts: 9,788
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Re: Are You Prepared For a Rough Ride in 2009?
What are interest rates supposed to do in the near future? Right now I have a HELOC that I'm using to pay for the home we own in Nashville, and my interest rate on it is 2.25%!!!! My home mortgage is at 5%, I think, but it's locked in.
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02-18-2009, 04:44 PM
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>>Primitive Pentecostal<<
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Join Date: Dec 2008
Posts: 1,892
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Ferd
Ed, it is going to have to get a lot worse before we reach those levels.
It is NOT as bad as the late 70's not even close.
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I remember the late seventies. My parents remember the late seventies.
There was no talk of a global collapse, though times were tough.
The seventies were bad, but everyone I know who lived through that decade says this is worse, excluding you.
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02-18-2009, 04:44 PM
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Administrator
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Join Date: Feb 2007
Posts: 16,840
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Re: Are You Prepared For a Rough Ride in 2009?
Quote:
Originally Posted by Edward Anglin
Deflation is occuring now, and will continue through summer. But inflation will hit eventually, and it ain't gonna be pretty.
What are we gonna do when gas goes back up to $4 a gallon?
And it will.
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We are going to buy the new 2010 Ford Fusion hybrid coming out in June that gets 34 mpg in the CITY!!!! The car mags are rating it way ahead of the Toyota Camry Hybrid and Nissan Altima Hybrid. It is good to see an American Car company finally get some praise.
__________________
"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
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