The funny thing about all this is that corporations are making record profits right now. At a crime scene, the first question to always answer is, who benefits from this?
I feel bad for those who fall on hard times due to the economy. Those filing bk and foreclosure right now arent the ones who tried to game the system, its the ones who used 401k, IRA, and savings to survive and it all ran out. San Jose is about the worst place to be jobless, reason why? High cost of living, especially if you are a home owner with your large mortgage and property tax bills. In my city of Phoenix, AZ at least with the cheap cost of living and cheap apartments you can work at wal-mart, SBUX and other jobs to keep a roof above your head and put some food on the table.
I find it odd that someone owned a home since 82 and the house is not paid off? A 30 means 2012 would be the year it would be paid off. But if she added just a little to principal it would be paid for already. That older lady who tried the lowest job of county clerk would not get hired at a fastfood restaurant. I know someone who owns a few franchise locations and he told me they would not hire anyone from that episode. He prefers someone graduated from High school or attending college. He says folks like the ones in that episode are more trouble than their worth. So they are not gonna get hired by McD or BK if they applied.
A. They all seemed to be 50+ in age B. They have a sense of entitlement C. Most of them appear to be in poor to OK physical condition (they aren't going to have the hustle to run from the drive-thru window to the warming rack with the speed and dexterity required) D. They all seem to think we are going to turn some kind of corner and the $200k jobs for stapling-new-cover-pages-to-TPS Reports is coming back. E. Each one of them is secretly wishing for Obama to give them another extension on their unemployment payouts F. None of those people are economically viable, and they need a whole new outlook on life and new expectations and a new work ethic if they ever have any hope of becoming economically viable
IanMacQuaide --------------------------------------------------- Plenty of success in Texas among many of the "Transplants" like me my friend. I was a yankee but now a "Damn Yankee". I'm not leaving this state. I feel for all my fellow East Coasters who have to struggle against the Liberal/Socialist-anti wealth, anti business movement that has taken over. My hats off to the "True" Texans who never did give into the Bullshit liberal Ideas. Of course there are cities like Houston and Austin who allowed the Liberals a little say. But I don't mind as they control nothing and they are fun to debate!
You seem well intentioned, but really, we KNOW you live in Texas, we KNOW you used to trade at Shoenfeld, we KNOW you work in Private Equity...that was established 1000 posts ago and re-introduced in every post since then. No need to status drop every chance you get, try just throwing some content in for content's sake and be done with the grandstanding.
You also know he went around Schonfeld blabbing to anyone that would listen that he was a big trader, when indeed he was a small fry trading tiny size. He was a complete joke at the firm for his whole time there. Now he comes on a public chat board claiming to be some big shot in the PE world. LOL...Hilarious...this schmuck probably answers phones and gets coffee for his boss. People who bark about themselves all day like ER are always full of shit. He failed at trading....now he rips on trading....he left Chicago and went to Texass....now rips on the midwest and east. Ya see a pattern here? The guy is a pair of clown shoes.
There was a movie where they killed older guys, by dissolving them in a creamy hot solution. Do you recall the name?
Typical overpaid HR idiots with no common sense. Too much into rigid procedure (otherwise known as "best practice"). "Best practice" give some guidelines in "normal" situation, it cannot replace common sense.