August 2006 Weddings
Adam & Shoshie 10-21-07: "My family is big and loud and everybody's in each other's lives and business. ... but wherever I go, they will always be there." * My Blog: Tales of a Hopeful Jewish Mom to Be *
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
What's the $$ Solution?
OK, we do the bailout....
But people are still out of work; gas prices and food are still going up; and the luxury items in many cases are having to be given up in favor of other things -- causing more job loss
If we create jobs, we need money to pay people with, but doesn't doing that devalue the dollar?
If this is cyclical, that means it was bound to happen. If this is a case of the grasshopper and the ants, it means that those who saved for a rainy day should be OK -- unless they put their money into any of the companies that have gone belly up.
Something seems broken.
What's the solution?
Adam & Shoshie 10-21-07: "My family is big and loud and everybody's in each other's lives and business. ... but wherever I go, they will always be there." * My Blog: Tales of a Hopeful Jewish Mom to Be *
Re: What's the $$ Solution?
Whaaa? A recession is horrible! Is your post TIC? Industries cycle but that doesn't mean the entire economy needs to go down.?This crisis is not natural or cyclical. It's what happens when government tries to maneuver the private sector. If there's anything broken it's the idea that gov't can continue to manipulate the private industry to implement its policy agendas. This is a fantastic example of how bad things result from policies with good intentions.?
Gas prices have stabilized (they were pretty good before the hurricane) and before this crisis the dollar value was going up. Unemployment has gone up very recently but it is still historically very low. Before this crisis the economy was improving slowly but surely.?
I don't know what the perfect to this crisis is. None of the ones I read are all that appealing but I don't think a "good" solution is possible. Just like every other crisis we've gotten past it and over time I have no doubts we'll get through this one too. I think the goal should just be to stabilize the financial industry, which has a tendency to overreact to good/bad news.?