Posts: 859
Threads: 10
Joined: May 2008
LOL...
Houston, we have a problem...
Transplanted Texan
"I am here to chew bubble gum and kick some *** ... and I'm all out of bubble gum"
-----------------------------------------------------------
I do not believe that America is better than everybody else...
America "IS" everybody else.
The Wilder Side Of Hawaii
Posts: 2,466
Threads: 316
Joined: May 2008
You can't cure the disease if you don't see the symptoms, but the gyst of the problem is greed and good ol' materialism. You can't buy a $300,000 house on a $30,000/year salary, not gonna happen. How fast can you be upside down on a house where there's no down payment?
I wish I had a nice short answer all wrapped up and easy to swallow, but I don't.
Puna: Our roosters crow first
Posts: 447
Threads: 27
Joined: Sep 2006
Great site for those who
still see no connection between what happens on a national scale and what happens right here in Hawai'i:
http://www.nationalpriorities.org/tradeoffs
Hmmm. Actually, it's a terrific site, even if one HAS already made the not-so-enormous mental leap, even if one DOES already understand the undeniable fact that there's an ever-so-slight eeensy weensy connection between what happens in Washington/WallStreet/Iraq and what happens in one's "isolated" neighborhood in Puna.
Posts: 31
Threads: 9
Joined: May 2008
Indeed we are in Hawaii and generally speaking we do live a more sustainable life and simpler. There are still necesseties that are needed.
It is as simple as monopoly you buy your land purchase a house, you owe somebody money you mortgage your house, you still owe money they come and take your house and your land.
For as many new construction homes that were built and will remain empty do to someone losing there job and not being able to pay the mortgage. They will sit!
Squatters will come in, pipes will break during these winter months and there will be a drastic increase in the WIC and Food Stamp Program.
I personally am glad the house did not pass the bill, it will in affect not protect or save the downturn in the economy over 80,000 jobs lost in the last 3 months. Unemployment figures just show how many are collecting but not the ones that have reached there max benefit and are no longer in the system.
If fewer people are able to work less money is spent and less businesses remain open, less loans are given.
On the Big Island there are already 8 restraunts that I know of that have closed, some are even chain businesses. We had fewer visitors to the islands last month and it will continue to fall.
This does affect us, our jobs, businesses and economy! Nobody coming Nobody Buying Nobody Working
Posts: 1,839
Threads: 48
Joined: May 2007
Ain't gonna be frozen pipes in Puna.
And Jon, If the builder that you mention who can't get a loan for a lot for his next project is in Puna, then he needs more than a loan; he needs his head examined!
Dan
Posts: 4,533
Threads: 241
Joined: Jan 2006
Not to be flip BY ANY MEANS....
How did you do in 1987? Did you step back, save a little, become a little less consumer orientated for awhile?
Also because those of us who have been here long enough to be Kaamaina saw a serious recession/depression here on the Big Island in the late 80's and most of the 90's... we already have the sense of hunkering down, plant a garden, garage sale shop, dont spend much. Besides Black Monday, in the late 80's - the Big Island continued a series of shut downs of cane operations.
Maybe we were lured in to the go-go years of real estate in 2003-06 but it hasnt been that long (early to mid 90's) that more people were moving off this island because of lack of jobs and incomes. Green Harvest was the final straw at that time to be honest.
Do I care about the bailout? Yes I have an opinion.
My question to any of you : How does it affect my your day TODAY?
Before crash .... "chop wood carry water",... after crash,... "chop wood carry water"."
Posts: 703
Threads: 37
Joined: Jun 2008
You seem to make a good case for passing the bill. I'm afraid its going to have much more impact on main street that wall street. Our economy is in pretty bad shape without more stress.
dick wilson
dick wilson
"Nothing is idiot proof,because idiots are so ingenious!"
Posts: 414
Threads: 10
Joined: Jun 2006
[
quote]Originally posted by malolo
Great site for those who still see no connection between what happens on a national scale and what happens right here in Hawai'i:
http://www.nationalpriorities.org/tradeoffs
Hmmm. Actually, it's a terrific site, even if one HAS already made the not-so-enormous mental leap, even if one DOES already understand the undeniable fact that there's an ever-so-slight eeensy weensy connection between what happens in Washington/WallStreet/Iraq and what happens in one's "isolated" neighborhood in Puna.
[/quote]
Malola, your back! You havn't been around much lately.. Something I said? I enjoyed that site, even sent it to some friends. I agree that people need to understand that what happens out side of their little slice of heaven does have connection in the greater scheme of things as well as in their lil slice of... Peace, dave
Blessings,
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young
Blessings,
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young
Posts: 859
Threads: 10
Joined: May 2008
quote:
Originally posted by DanielP
Ain't gonna be frozen pipes in Puna.
And Jon, If the builder that you mention who can't get a loan for a lot for his next project is in Puna, then he needs more than a loan; he needs his head examined!
Dan
he is a spec builder... works on a shoe sting....
Transplanted Texan
"I am here to chew bubble gum and kick some *** ... and I'm all out of bubble gum"
-----------------------------------------------------------
I do not believe that America is better than everybody else...
America "IS" everybody else.
The Wilder Side Of Hawaii
Posts: 820
Threads: 106
Joined: Mar 2006
Hopefully Congress will be able to reach an amicable agreement on this matter within the next couple days. If not we’ll be probably seeing the economy falter further and more layoffs. There is even a possibility we may be facing another Great Depression. Especially since banks have severely curtailed extending credit to main street and other banks.The economy can’t recover or grow without banks extending credit.
