August 2006 Weddings
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.
I feel helpless
This is the worse feeling ever. I know that if people panic it will be worse for everyone, but I have a child now and I am fighting my urge to go to the bank and stick everything in our fireproof safe (I am not crazy enough to put it in the mattress, lol). And it is not because I think I won't have access to my deposits specifically because of the bailout failure, but it is because I think other people will panic and that by trying to be calm I will be at the end of the line and get nothing.
Instead I will just sit here. But I don't like it. 
Re: I feel helpless
I was trying to stay calm this morning, but I'm starting to feel worried about trickle down issues.
My joblessness is compounding my frustration, though. Bad time to be graduatng with huge debt and looking for a job.
Thank god, my H has a secure job....though is there such a thing anymore? His job is funded by market driven foundation grants....
More...
Yeah foundations have already been hurting. They make grants based on their endowments. In this market, endowments are shrinking.
We've recently had several large foundations contact us to let us know we wouldn't be getting the funding they'd promised. Other major non-profits are dealing with this as well (I saw an interview with CARE's CEO and she mentioned quite a bit of the same. She wasn't freaking out, but she was definitely worried about falling revenues leading to the need for reductions in programming and staff).
I've been nervous about this too. I work in Foundation Relations in the Development office for a cancer research organization... it's bad enough that the NIH budget has been so crippled. We've definitely been told by some of our contacts to expect fewer opportunities or smaller awards.
On the other hand, individual donations are apparently not slowing down (and we have anecdotes of major donors increasing giving)... perhaps in some small way this will offset the endowment losses.
I am a runner, knitter, scientist, DE-IVF veteran, and stage III colon cancer survivor.
Fortunately, DHs endowment comes from very secure sources...but yeah, it's still all tied to the market. No one is panicking...yet.
I've had my head in the sand for the last few days, so I'm feeling good. You guys are scaring me, though! Will I be able to feed my kittens?!
Please, spread the word. Do not take your money out of the bank. That's what effed everyone so badly in the Depression. I know you're kidding to some degree marriednow, but I know some people would think it's a good idea.
I am just stressed to the max. Josh hasn't worked in almost a year. He applies to every electrical business that he can think of and they all say the same thing...."we aren't hiring right now, but we will keep you on file". I am about to snap. So this doesn't make me feel any better about businesses taking on new hires. My ability to refinance my house, which has an unbearably high interest rate....nonexistant. I have NO credit cards, not even for emergencies. I have improved my credit score dramatically, but It doesn't look like I will be getting one any time soon. No fault of my own, either. I may have made some mistakes with my finances, but there isn't even the option to repair them at this point. I feel so stuck right now. So stuck.
girl, you are not alone. H is talkin bout preparedness on a zombie-invasion level: stocking up on canned goods, a generator and some guns. cuz you know, that's a great idea. he just walked in the house a second ago and said: "holy sh*t we're f*cked."
lol, seriously, it IS scary. but really, what can you do, besides make sure you have a good savings and call it a day? on second thought, i'm totally rethinking our furniture spending spree over the weekend. go figure. one day we're shopping like mad, the next we're battening down the hatches. either way, we're screwed.