User Panel
Posted: 7/14/2020 9:38:14 PM EDT
Any ideas?
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Quoted: Any ideas? View Quote The extra $600? It runs out at the end of this month. |
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Quoted: Any ideas? View Quote |
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A buncha W2 Wage Bros who rode the Unemployment Gravy Train and laughed all the way to the bank will cry and vote Democrat because "Trump fucked me over."
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The FSA finally will go back to work instead of getting payed to stay home
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I suspect there will be a 2nd Trumpbux. The Commies want it, the Republicrats want it...
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The price of a blowjob behind Walmart is going to drop significantly. The salad days are upon us.
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A massive credit crisis and Great Recession 2.0. And we’ll have inflicted it upon ourselves willfully because of a virus which won’t magically go away just because we mag dumped a D60 into the economy.
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I get to buy up a few toys that people have been trying to sell at inflated prices.
Eyeing an ltr or a yfz 450. |
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I am looking for gun/ammo sales from people that didn't make payments to the bank and didn't go back to work and have to sell everything. (every single bill I have gives an option for hardship due to COVID to miss a payment not be charged late fees combined with no dink in the credit report).
I am also waiting to put in more to my Roth IRA when the market takes a dip when the payments stop. Eh, if it doesn't no big deal. |
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No doubt there are some people benefitting but there are plenty of others that still took a pay cut even with the $600 extra that can’t find work now or their industry was destroyed by the shut downs. Things need to be opened up completely if they stop the extra money or extensions. I don’t see how they can shut off the extra funds and also keep things shut down.
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Quoted: There’s no work for them Best case 20% have jobs available View Quote View All Quotes View All Quotes Quoted: Quoted: The FSA finally will go back to work instead of getting payed to stay home There’s no work for them Best case 20% have jobs available I dunno, I have 6 openings listed right now for operators, laborers and mechanics and the applicants have been weak thus far. I am getting a large number of HVAC techs applying for equipment operating positions when HVAC companies around here are advertising $30-40/hour, maybe indeed is just fucked up. |
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Quoted: I dunno, I have 6 openings listed right now for operators, laborers and mechanics and the applicants have been weak thus far. I am getting a large number of HVAC techs applying for equipment operating positions when HVAC companies around here are advertising $30-40/hour, maybe indeed is just fucked up. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: The FSA finally will go back to work instead of getting payed to stay home There’s no work for them Best case 20% have jobs available I dunno, I have 6 openings listed right now for operators, laborers and mechanics and the applicants have been weak thus far. I am getting a large number of HVAC techs applying for equipment operating positions when HVAC companies around here are advertising $30-40/hour, maybe indeed is just fucked up. That’s good to hear But we had 35 employees only have 12 now We aren’t going to hire a single person unless the economy is wide open 20% is a giant number That means I’d have to bring back 16 More people Not going to happen this year |
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Quoted: We're already in Recession 2.0 right now dude View Quote View All Quotes View All Quotes Quoted: Quoted: A massive credit crisis and Great Recession 2.0. And we'll have inflicted it upon ourselves willfully because of a virus which won't magically go away just because we mag dumped a D60 into the economy. We're already in Recession 2.0 right now dude im trying to buy a used tractor right now, and anything worth a shit disappears before I can even ask for a phone number. new vehicle? Forget it |
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A lady who’s a pilot with us, her husband is an attorney in Nashville.
She was telling us the other day that the stack of eviction and foreclosures his firm is preparing to file is massive unlike anything he’s ever seen and he was practicing during the 2008 housing crisis. And this is just one law firm out of hundreds in one city. He said all other firms that handle eviction and foreclosures are reporting similar situations. It’s gonna be a nightmare when all of this hits the fan. |
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Quoted: A lady who’s a pilot with us, her husband is an attorney in Nashville. She was telling us the other day that the stack of eviction and foreclosures his firm is preparing to file is massive unlike anything he’s ever seen and he was practicing during the 2008 housing crisis. And this is just one law firm out of hundreds in one city. He said all other firms that handle eviction and foreclosures are reporting similar situations. It’s gonna be a nightmare when all of this hits the fan. View Quote Well they all have to go somewhere |
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More riots and looting coming.
Next push by FSA will be for a “guaranteed income”. |
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Rub my hands and start prospecting for real estate. The banks aren't getting all those houses.
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Biden already came up with a plan to fix it, now he just needs to remember what it was.
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Quoted: We're already in Recession 2.0 right now dude View Quote View All Quotes View All Quotes Quoted: Quoted: A massive credit crisis and Great Recession 2.0. And we’ll have inflicted it upon ourselves willfully because of a virus which won’t magically go away just because we mag dumped a D60 into the economy. We're already in Recession 2.0 right now dude Sure. But shit’s gonna get real 2008 before the year is out. If you think the economy’s doing bad now, wait until the banks suddenly realize that millions of people can’t afford to pay their mortgages and car notes. |
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Nevada has 7 weeks left in the banks for unemployment. If we shut down again it'll drain even faster. Shitsack can't think for himself and Cali just shut down so I'm assuming well be closed by next weekend
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Crime will go up so fast. People need to buy food and shelter. It will happen all over the country. Even small towns will suffer. The big cities will burn.
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Quoted: That’s good to hear But we had 35 employees only have 12 now We aren’t going to hire a single person unless the economy is wide open 20% is a giant number That means I’d have to bring back 16 More people Not going to happen this year View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: The FSA finally will go back to work instead of getting payed to stay home There’s no work for them Best case 20% have jobs available I dunno, I have 6 openings listed right now for operators, laborers and mechanics and the applicants have been weak thus far. I am getting a large number of HVAC techs applying for equipment operating positions when HVAC companies around here are advertising $30-40/hour, maybe indeed is just fucked up. That’s good to hear But we had 35 employees only have 12 now We aren’t going to hire a single person unless the economy is wide open 20% is a giant number That means I’d have to bring back 16 More people Not going to happen this year I have been fortunate, the majority of my work is in distribution and logistics centers, they haven't slowed a bit. I imagine hospitality will take a bit more time to return to a typical seasonal cycle. |
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Quoted: Any ideas? View Quote People will go back to work and scrap it out for the few jobs that are left. A lot of people will lose homes, cars, and have to lower their expectations. |
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Quoted: I have been fortunate, the majority of my work is in distribution and logistics centers, they haven't slowed a bit. I imagine hospitality will take a bit more time to return to a typical seasonal cycle. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: Quoted: The FSA finally will go back to work instead of getting payed to stay home There’s no work for them Best case 20% have jobs available I dunno, I have 6 openings listed right now for operators, laborers and mechanics and the applicants have been weak thus far. I am getting a large number of HVAC techs applying for equipment operating positions when HVAC companies around here are advertising $30-40/hour, maybe indeed is just fucked up. That’s good to hear But we had 35 employees only have 12 now We aren’t going to hire a single person unless the economy is wide open 20% is a giant number That means I’d have to bring back 16 More people Not going to happen this year I have been fortunate, the majority of my work is in distribution and logistics centers, they haven't slowed a bit. I imagine hospitality will take a bit more time to return to a typical seasonal cycle. Yep My market is tourism, conventions and cruises Yep we’re fucked |
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Quoted: Rub my hands and start prospecting for real estate. The banks aren't getting all those houses. View Quote View All Quotes View All Quotes Quoted: Rub my hands and start prospecting for real estate. The banks aren't getting all those houses. Wanna bet? They’ll all go to those huge property management companies back by the big gorilla investment firms who’s one goal is to create a nation of renters. From a nation of homeowners to a nation of renters Private equity firms, hedge funds and other large investors have jumped into the market and are gobbling up properties. Sound familiar? This time around though, the goal is not to flip real estate, but to rent it. The rush into housing has driven up prices, driven individual buyers out of the market, and — as Marketplace personal finance Senior Producer Paddy Hirch puts it — started to turn us into a nation of renters. |
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It will be continued or replaced with another program.
It’s political suicide to stop that large of a check to people. This close to an election? No way. This will continue till after the election. |
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The extra unemployment bucks aren't going to stop but they will be reduced to either $250 or $300. The second set of Trump Bucks will have a lower income cap. Part 2 of the PPP will only be for companies that can prove they lost 50% or more of their revenue.
Republicans want to spent a max of 1 to 1.3 trillion. The Democrats want to spend 3 trillion on the stimulus. Republicans are demanding liability protection for hospitals, health care workers, and business owners. The Democrats want protections for patients and customers. The Republicans will reveal their plan next Monday, July 20th. |
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The extra $600/week ends July 25 here in IL.
Regular unemployment was extended from 26 to 39’weeks. Here in IL, I get $484/week. With the extra $600/week, it was just about what I took home. I was permanently laid off the end of March. Had a phone interview today and an in person first interview with a different company tomorrow. Not all of us on unemployment are sluggards and actually want to work, but finding a job is tough. |
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Quoted: I swung by the boat dealership for grins. Salesman said he doesn't even prep them from shipment and they are sold for msrp. im trying to buy a used tractor right now, and anything worth a shit disappears before I can even ask for a phone number. new vehicle? Forget it View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: A massive credit crisis and Great Recession 2.0. And we'll have inflicted it upon ourselves willfully because of a virus which won't magically go away just because we mag dumped a D60 into the economy. We're already in Recession 2.0 right now dude im trying to buy a used tractor right now, and anything worth a shit disappears before I can even ask for a phone number. new vehicle? Forget it There are people who are broke and unemployed right now, there are people with a Whole Lotta Money right now. There is wealth and broke, it's not evenly distributed. |
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Low rates, stimulus, and the unemployment bonus are just adding fuel to the fire. People are spending (borrowing) like crazy here. It'd be nice if the economy could v-shape its way out of this, but I'm getting a bad feeling about it.
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