Are we headed for a Recession - Page 2

spinn · 01-10-2008, 08:09 PM

Quote:

Originally Posted by roybean

Cap1 having problems too.
Capital One Financial (COF) Stock Research - Stock Quotes, Charts, News and Analysis

Bad year for devil stocks..............AACC (Asset Acceptance) is trading at $9.54 a share.

Dont worry Drivel...it will come back.....buy more!!!!

roybean · 01-10-2008, 09:29 PM

More on Cap1 woes:

Capital One slashes forecast - MSN Money

Countrywide may take over BofA
Market Dispatches - MSN Money

ilovemydogs · 01-10-2008, 09:49 PM

Quote:

Originally Posted by roybean

What do you think? With all of the talk about subprime foreclosures, credit debt, businesses folding...are we going into a depression?

Recession dead ahead? - MSN Money

I think we are in my area anyway. I've never seen so many homes for sale and or reduced in price before, as usually homes sell word of mouth or within several days for a lot of money.
Yesterday I paid $3.99 a gallon for diesel , my electric bill cost of delivery went up FORTY PERCENT IN ONE MONTH, Mass made it mandatory for all to have health insurance even though you can't afford it. (For myself and hubby it is 1500 a month, for not much AND if we don't pay for it we get penalized 900 bucks a month.
Gold is up to $897 an ounce and many are buying that and also silver.
Our dollar is worth not much anymore and I saw it happen this past Christmas when I was buying items in Canada. As of this summer if you were in Canada and something was 100 bucks you gave them 50 bucks US money, NOW you would be paying TWO HUNDRED BUCKS US MONEY ,dogs are getting dumped,as people cannot afford them oh and many people owe me money that have always paid me and now they just can't pay.

So YES DEPRESSION IS UPON US!

ILMD

roybean · 01-10-2008, 10:15 PM

Quote:

Originally Posted by ilovemydogs

I think we are in my area anyway. I've never seen so many homes for sale and or reduced in price before, as usually homes sell word of mouth or within several days for a lot of money.
Yesterday I paid $3.99 a gallon for diesel , my electric bill cost of delivery went up FORTY PERCENT IN ONE MONTH, Mass made it mandatory for all to have health insurance even though you can't afford it. (For myself and hubby it is 1500 a month, for not much AND if we don't pay for it we get penalized 900 bucks a month.
Gold is up to $897 an ounce and many are buying that and also silver.
Our dollar is worth not much anymore and I saw it happen this past Christmas when I was buying items in Canada. As of this summer if you were in Canada and something was 100 bucks you gave them 50 bucks US money, NOW you would be paying TWO HUNDRED BUCKS US MONEY ,dogs are getting dumped,as people cannot afford them oh and many people owe me money that have always paid me and now they just can't pay.

So YES DEPRESSION IS UPON US!

ILMD

Everybody has to have health insurance??? How can they do that? I haven't heard anything about that.
That's like saying only those that 'have' can live there!

roybean · 01-10-2008, 10:16 PM

I guess I am OOTL again!
Bill requires all to have health insurance - Politics - MSNBC.com

spinn · 01-10-2008, 11:41 PM

Quote:

Originally Posted by roybean

Everybody has to have health insurance??? How can they do that? I haven't heard anything about that.
That's like saying only those that 'have' can live there!

I have good insurance and recently had an MRI and was charged about $300 for it. Without insurance the scumbags charge $1507.

Lipitor costs about $150 a month and is unnecessarily prescribed millions of times a day. Red yeast rice, a pill that can be bought at GNC, costs about $12 a month and is essentially identical.

I lowered my cholesterol 100 points on Red Yeast rice pills in a few weeks.

Everyone involved with health care needs to be indicted for RICO.

DRs are currently taking about 25% of our GDP....and rarely cure anyone of anything.

Pale Rider · 01-11-2008, 12:27 AM

Quote:

Originally Posted by roybean

Everybody has to have health insurance??? How can they do that? I haven't heard anything about that.
That's like saying only those that 'have' can live there!

Some politicians would like to keep you from getting a job if you don't have insurance under their plan. Be careful who you vote for in November.

roybean · 01-11-2008, 12:33 AM

Quote:

Originally Posted by Pale Rider

Some politicians would like to keep you from getting a job if you don't have insurance under their plan. Be careful who you vote for in November.

Well I guess so!

Hedwig · 01-11-2008, 02:29 AM

Quote:

Originally Posted by roybean

Countrywide may take over BofA
Market Dispatches - MSN Money

Other way around--BoA may take over Countrywide.

Countrywide is in no position to take over anyone.

ilovemydogs · 01-11-2008, 08:08 AM

Quote:

Originally Posted by spinn

I have good insurance and recently had an MRI and was charged about $300 for it. Without insurance the scumbags charge $1507.

Lipitor costs about $150 a month and is unnecessarily prescribed millions of times a day. Red yeast rice, a pill that can be bought at GNC, costs about $12 a month and is essentially identical.

I lowered my cholesterol 100 points on Red Yeast rice pills in a few weeks.

Everyone involved with health care needs to be indicted for RICO.

DRs are currently taking about 25% of our GDP....and rarely cure anyone of anything.

I had an MRI for one of my fogs and it was $3200 !
I am going too look into those pills!
Thanks
ILMD

ilovemydogs · 01-11-2008, 10:53 AM

Quote:

Originally Posted by roybean

I guess I am OOTL again!
Bill requires all to have health insurance - Politics - MSNBC.com

You should read the new rules for this year.
Last year they said a couple would have to pay about 470 if they did not get insurance, so I figured OK this is what I am going to do NO insurance and pay the penalty.

NOW as of 2008 if you do not have insurance they can dock you wards of 900 a MONTH EACH until you get the crap insurance, so I have it now and it covers NOT MUCH, the deductable is 5000 bucks, and I am not happy.

I am amazed that this state is doing this to us,(well not really) : ( We have a Gov., that believes illegals should have free everything including state college tuition paid!!!!

Seriously Massachusetts is a piece of work, and it is almost to the tune we are thinking of moving... I don't think that will ever happen but it just gets so so pricey every year for the taxes and utilities, and everything else, and we can afford a bit more than some.

ILMD

centex · 01-11-2008, 11:15 AM

I'm a little confuzzled by the grand a month comment...the article talks about a grand a year in tax penalty.

hannah · 01-11-2008, 11:33 AM

Must be nice to have health insurance. With me in school and hubby self-employed, we have nada. I go to the health clinic at school (unless on break) but DH has to make do with his buddy who is a foot doc for everything. That broken wrist of mine last summer cost well over $7500. And we don't qualify for free health care of any kind and can't afford an individual policy. We are supposed to go on AARP group plan at the end of the month since hubby will be old enough then. I have a problem with people who aren't even citizens getting free medical care while I can't even get antibiotics when I need them without a $105 office visit.

I did find a place where I can order amoxicillin, ampicillin, or cephalexin without a script on the net if anyone wants to know. PM me.

ilovemydogs · 01-11-2008, 11:49 AM

Quote:

Originally Posted by centex

I'm a little confuzzled by the grand a month comment...the article talks about a grand a year in tax penalty.

That is an OLD article. As of the end of last month they made new laws for 2008. The thing is it is on a sliding scale and according to how much you make. We are out of the percentage to get any help and insurance is costly. Many of us that did not want insurance and prefer to *self insure* well we thought 500 a year vs 18K a year OK.
Now when the penalty can be so high (to the tune of I have heard 900 a month , well it got all of us that didn't get the insurance to go get it.
I went to my accountant last week, and we did the tax work out for last year, along with the penalties, I had to pay in for the penalty about 500 bucks, and then he told me for 2008 I was going to get slapped with $1780 for not having insurance as of January 1 2008 . I dunno as
things may change as may be we will have MUTINY. ; )
I still don't understand how they expect someone to pay for the insurance that is self employed and makes over their percentage but cannot afford insurance.
Are they going to start attaching bank accounts or real estate?
: (
ILMD

ilovemydogs · 01-11-2008, 11:58 AM

Quote:

Originally Posted by hannah

Must be nice to have health insurance. With me in school and hubby self-employed, we have nada. I go to the health clinic at school (unless on break) but DH has to make do with his buddy who is a foot doc for everything. That broken wrist of mine last summer cost well over $7500. And we don't qualify for free health care of any kind and can't afford an individual policy. We are supposed to go on AARP group plan at the end of the month since hubby will be old enough then. I have a problem with people who aren't even citizens getting free medical care while I can't even get antibiotics when I need them without a $105 office visit.

I did find a place where I can order amoxicillin, ampicillin, or cephalexin without a script on the net if anyone wants to know. PM me.

I know the feeling. Now I HAVE insurance but it is not worth it as it does not cover doctors visits, and to go see my Doctor to get a prescription ( I am getting sick with bronchitis) it will be $150 for the visit NOT covered.
So Hannah I am going to email you as I nees some antibiotics.
Thanks
ILMD