$800 BILLION in credit card debt..wages fell in 05, benefits slipped

[SoCalDem]

and yet, most reports tell how FANTASTIC the economy is.. :puke:

edited to change million to billion.. (see how insidious inflation is) :P

[smoogatz]

1. 800 million what?

[SoCalDem]

5. D o l l a r s in consumer debt

:(

[corporatemedia]

2. 'You dare to question...

CORPORATE MEDIA?

You better watch out, one word (abracadabramoff) can make you disappear!

[graywarrior]

3. That's about a brazilian, ain't it?

[corporatemedia]

6. LOL, but the correcti spelling is "brazillion" n/t

[graywarrior]

10. Oh yeah, that's right!

[SammyWinstonJack]

16. How many is a "brazillion"?

:evilgrin:

[SoCalDem]

17. dead?? or alive??

[SammyWinstonJack]

18. Lets ask Commander Bunnypants!

:yoiks:

[annabanana]

4. and HOW far did the Dow fall today?

I was watching all these bobbleheads making happy talk about how January is ALWAYS volatile and this dip is nothing. You know the drill "same old, same old.."

[EST]

8. 213 points

[EST]

7. That was 800 Billion in credit card debt.

Another half a trillion in refinancing their houses, and now nobody can go bankrupt.

[SoCalDem]

9. Yep.. consumers are chained to the merry-go-round

and Uncle Sam has cranked it to warp speed:)

[EST]

19. So sad.

But it has to happen. Most people only learn through the rock and stick method.

[graywarrior]

11. And by the way, I'm one of the 800 brazillion

But I have to turn over my tax return so generaously given to me by the fuckwit in the WH.

[JeffR]

12. But it IS fantastic!!!!!!!

From the Concise Oxford Dictionary:

"a. Fancied (rare); extravagantly fanciful, capricious, eccentric; grotesque or quaint in design etc,"

Yep, that there's one fantastic economy...

:rofl:

[SoCalDem]

13. ok, how about "fabulous"..Our pres' favorite

:)

[JeffR]

15. Let's see...

"a. Given to legend...; celebrated in fable; unhistorical, legendary, incredible, absurd, exaggerated..."

THAT fabulous?

[B Calm]

14. Last May I got a 3% raise. Employer raised employee cost for

health insurance and that alone took away the little raise. Employer found out after I have been on day shift for seven months that they were still giving me 15 cents more on the hour for working third shift. Employer cuts my wages back and garnished my wages.

Heating costs are double what they were a year ago. Food, etc etc etc has also risen. Hell my employer could have gave me 10% raise and I could honestly say that I'm worse off than what I was a year ago.

[PWRinNY]

20. Well it sure was a bad day on Wall St.

DOW -213.32
NASDAQ -54.11
S&P 500 -23.55

Numbers like that tend to make me a little jumpy.