Greetings good citizen, didn't even make it to the mail when I encountered This RED FLAG waving at me from Firefoxe's 'Pocket' app. It's mere weeks until they shutter this place so spreading the alarm here is almost as bad as writing it on a Post It with the header : Note to Self
But this is what I do, so for those of you intrepid enough to make the trip, here is your 'reward'.
One would hope the over 40 crowd simply knows better, that they were screwed by a financial system that lended to them KNOWING full well the ROI wasn't there. It is here you can learn if you are a ignorant twat or if you have half a brain...in deference to the cognizant, that's as far as I will parse that one.
You don't often see the 'shorthand' acknowledged although there seemed to be no shortage of people eager to tell the rest of us how stupid they are. Now I've mixed two thoughts and you're confused, this I will fix.
The 'shorthand' here refers to 'no wheels, no work' unless you are an urban dweller with access to 'reliable' public transportation, something it increasingly isn't. It's not a coincidence that spotty public transportation systems drive motor vehicle sales, not by any stretch of the imagination.
Oh, and the cold hearted money-grubber that feels if you can't live on what he pays you, it isn't his problem will also accept no excuses when you tell them the train made you late for work.
How much does it suck that the coward will apologize to you for firing you but 'the rules are the rules?' [Bob should give them all a 'flying wedgie', Dilbert readers will understand this reference.]
When he makes the snide remark that you should have taken the earlier train and scoffs when you reply it was the earlier train! or points to the long service employee who walks to work and can see his house [from the restroom] and says Bozo is never late, why can't you be like Bozo?
And the answer is Suburbia. For many of us the only job we could walk to would be some form of kitchen help. Personally, there's not even that. It's 3 miles to the nearest restaurant [along a major secondary road that is not set up for pedestrians] It would be a four mile hike in both directions just to bag groceries!
Only the intellectually challenged would continue to insist the fault was mine for not taking those factors into consideration before settling where I did because my situation is more 'typical/normal' of most workers.
In a brighter future the transportation piece of the puzzle will become a 'gimme' ALTHOUGH the 'new normal' will be communities built around employment centers so most workers WILL be able to walk to their 20 hours a week, full time jobs.
How will they live on twenty hours pay? Better than they do now because their living arrangements will also become a 'gimme'.
A.S.P. is right there for the asking and it solves the crushing problems capitalism creates! [including the rampant crime capitalism causes!]
How stupid are you that you don't see how 'honorable commerce' creates the crime infested cesspit we all are forced to live in so 'A Few' can be 'rich'?
How stupid are you? If you are one of those 'honorable businesspeople' the answer is a lot dumber than you think!
[STOP]
Empty your mind (shouldn't take much) and consider what will happen when society collapses?
That 'for want of a nail' shit is real, baby!
It ain't nails that's killing our outmoded commerce system, it's customers that capitalism is starving to death over.
There aren't enough 'paying jobs' so by extension there aren't enough paying customers to keep this shitshow rockin'.
If YOU can't live on what you are being paid, it isn't YOUR PROBLEM, it's SOCIETY'S!
Because the equation now shifts to 'if you can't make it, take it' and now we have the 'refugee crisis' in a nutshell.
The people running from their homes are being chased out by the marauders that commerce decided it didn't need to work for them.
Back to STUPID for a moment...the 'walking dead' aren't dead, they are starving to death (and would quickly become too weak to move, much less eat you!) But the whole idea that the world is filled with Zombies is the capitalist's admission that capitalism creates a huge 'surplus population' that, in their tiny minds, 'feeds off the productive capitalist'.
That's why their Zombies don't decay or fall over from exhaustion.
The JOKE here is they created this 'useless underclass' that is attacking 'the decent people' that commerce chooses to provide incomes to.
This is twisted beyond belief but the people responsible are also.
Reality check again; Those responsible for this also happen to run the world...no, not the Orangutan in the Oval Office, the meatheads who are telling him to declare an emergency! [There's more to this than meets the eye, and this time it will provoke nationwide riots on a scale never seen before!]
The last time they pulled this STUNT we got the Patriot Act and lost habeas corpus! [followed a short time later by the return of legal loan sharking...thanks W.!]
Um, I have piled the plate perilously high but I have faith the cognizant already know what I set forth here. Those of you that don't or fail to appreciate the significance of today's post don't have much time...in either direction.
The END is nigh!
Prepare,
Gegner
But this is what I do, so for those of you intrepid enough to make the trip, here is your 'reward'.
A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.
Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post.
A car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.
['Repo men' are doing better than ever]
“Your car loan is your No. 1 priority in terms of payment,” said Michael Taiano, a senior director at Fitch Ratings. “If you don’t have a car, you can’t get back and forth to work in a lot of areas of the country. A car is usually a higher-priority payment than a home mortgage or rent.”
People who are three months or more behind on their car payments often lose their vehicle, making it even more difficult to get to work, the doctor’s office or other critical places.
The New York Fed said that there were over a million more “troubled borrowers” at the end of 2018 than there were in 2010, when unemployment hit 10 percent and the auto loan delinquency rate peaked. Today, unemployment is 4 percent and job openings are at an all-time high, yet a significant number of people cannot pay their car loan.
Most of the people who are behind on their bills have low credit scores and are under age 30, suggesting young people are having a difficult time paying for their cars and their student loans at the same time.
One would hope the over 40 crowd simply knows better, that they were screwed by a financial system that lended to them KNOWING full well the ROI wasn't there. It is here you can learn if you are a ignorant twat or if you have half a brain...in deference to the cognizant, that's as far as I will parse that one.
You don't often see the 'shorthand' acknowledged although there seemed to be no shortage of people eager to tell the rest of us how stupid they are. Now I've mixed two thoughts and you're confused, this I will fix.
The 'shorthand' here refers to 'no wheels, no work' unless you are an urban dweller with access to 'reliable' public transportation, something it increasingly isn't. It's not a coincidence that spotty public transportation systems drive motor vehicle sales, not by any stretch of the imagination.
Oh, and the cold hearted money-grubber that feels if you can't live on what he pays you, it isn't his problem will also accept no excuses when you tell them the train made you late for work.
How much does it suck that the coward will apologize to you for firing you but 'the rules are the rules?' [Bob should give them all a 'flying wedgie', Dilbert readers will understand this reference.]
When he makes the snide remark that you should have taken the earlier train and scoffs when you reply it was the earlier train! or points to the long service employee who walks to work and can see his house [from the restroom] and says Bozo is never late, why can't you be like Bozo?
And the answer is Suburbia. For many of us the only job we could walk to would be some form of kitchen help. Personally, there's not even that. It's 3 miles to the nearest restaurant [along a major secondary road that is not set up for pedestrians] It would be a four mile hike in both directions just to bag groceries!
Only the intellectually challenged would continue to insist the fault was mine for not taking those factors into consideration before settling where I did because my situation is more 'typical/normal' of most workers.
In a brighter future the transportation piece of the puzzle will become a 'gimme' ALTHOUGH the 'new normal' will be communities built around employment centers so most workers WILL be able to walk to their 20 hours a week, full time jobs.
How will they live on twenty hours pay? Better than they do now because their living arrangements will also become a 'gimme'.
A.S.P. is right there for the asking and it solves the crushing problems capitalism creates! [including the rampant crime capitalism causes!]
How stupid are you that you don't see how 'honorable commerce' creates the crime infested cesspit we all are forced to live in so 'A Few' can be 'rich'?
How stupid are you? If you are one of those 'honorable businesspeople' the answer is a lot dumber than you think!
[STOP]
Empty your mind (shouldn't take much) and consider what will happen when society collapses?
That 'for want of a nail' shit is real, baby!
It ain't nails that's killing our outmoded commerce system, it's customers that capitalism is starving to death over.
There aren't enough 'paying jobs' so by extension there aren't enough paying customers to keep this shitshow rockin'.
If YOU can't live on what you are being paid, it isn't YOUR PROBLEM, it's SOCIETY'S!
Because the equation now shifts to 'if you can't make it, take it' and now we have the 'refugee crisis' in a nutshell.
The people running from their homes are being chased out by the marauders that commerce decided it didn't need to work for them.
Back to STUPID for a moment...the 'walking dead' aren't dead, they are starving to death (and would quickly become too weak to move, much less eat you!) But the whole idea that the world is filled with Zombies is the capitalist's admission that capitalism creates a huge 'surplus population' that, in their tiny minds, 'feeds off the productive capitalist'.
That's why their Zombies don't decay or fall over from exhaustion.
The JOKE here is they created this 'useless underclass' that is attacking 'the decent people' that commerce chooses to provide incomes to.
This is twisted beyond belief but the people responsible are also.
Reality check again; Those responsible for this also happen to run the world...no, not the Orangutan in the Oval Office, the meatheads who are telling him to declare an emergency! [There's more to this than meets the eye, and this time it will provoke nationwide riots on a scale never seen before!]
The last time they pulled this STUNT we got the Patriot Act and lost habeas corpus! [followed a short time later by the return of legal loan sharking...thanks W.!]
Um, I have piled the plate perilously high but I have faith the cognizant already know what I set forth here. Those of you that don't or fail to appreciate the significance of today's post don't have much time...in either direction.
The END is nigh!
Prepare,
Gegner
And the answer is Suburbia. For many of us the only job we could walk to would be some form of kitchen help. Personally, there's not even that. It's 3 miles to the nearest restaurant [along a major secondary road that is not set up for pedestrians] It would be a four mile hike in both directions just to bag groceries!
ReplyDelete
ReplyDeleteThe last time they pulled this STUNT we got the Patriot Act and lost habeas corpus! [followed a short time later by the return of legal loan sharking...thanks W.!]
[STOP]
ReplyDeleteEmpty your mind (shouldn't take much) and consider what will happen when society collapses?
That 'for want of a nail' shit is real, baby!
It ain't nails that's killing our outmoded commerce system, it's customers that capitalism is starving to death over.
didn't even make it to the mail when I encountered This RED FLAG waving at me from Firefoxe's 'Pocket' app. It's mere weeks until they shutter this place so spreading the alarm here is almost as bad as writing it on a Post It with the header : Note to Self
ReplyDeleteA record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.
ReplyDeleteEconomists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
Flashback to the State of the Union...What BOOMING ECONOMY?
“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post.
ReplyDeleteA car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.
A car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.
ReplyDelete“Your car loan is your No. 1 priority in terms of payment,” said Michael Taiano, a senior director at Fitch Ratings. “If you don’t have a car, you can’t get back and forth to work in a lot of areas of the country. A car is usually a higher-priority payment than a home mortgage or rent.”
ReplyDeletePeople who are three months or more behind on their car payments often lose their vehicle, making it even more difficult to get to work, the doctor’s office or other critical places.
Thank you, Captain Obvious...
Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
ReplyDelete“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post.
A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.
ReplyDeleteEconomists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
Seriously, how f'n stupid are you?
“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post.
ReplyDeleteA car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.
A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.
ReplyDeleteEconomists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post.
ReplyDeleteA record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.
ReplyDeleteEconomists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.