Sunday, July 31, 2011

Funnies - 31 July 2011


At 7/31/2011 4:12 PM, Blogger 45north said...

Randy the things that you wrote about 5 years ago are now happening. Here's a post from bromance:

Things are getting rough down here in the US.

Businesses are failing right and left. Insurance rates, food, and healthcare skyrockets as the economy sinks into the mire. My business just treads water, where it used to be a cash cow. A friend of mine, just a few years ago, was just slightly cash flow negative and I warned him numerous times to do something about it. Well now his property taxes and health insurance rates have soared, his equity has sunk, and his wages have stagnated. His car broke down and he bought a clunker that just cost him more in repairs. Credit card debt balloons. Another friend, an attorney, would not layoff one of his secretaries, because she had been working with him so long. Now he’s chewed through his $140K 401K and his business will fail within weeks. Both of his employees will be belched out into a horrific labor market. I guess I am imploring those that can make adjustments now, make them. Myself and my 2 friends didn’t and now we teeter on the brink. Our options are gone. They’ll go over the falls soon, with me to follow in a year or two.

Unfortunately it one of those things you have a hard time fathoming until you see it up close and/or it happens to you. Then it all too real.

At 1/10/2013 9:33 AM, Anonymous QUALITY STOCKS UNDER 4 DOLLARS said...

Love the pictures it says a lot.


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