Comments on: Depressions Take Time http://dailyreckoning.com/depressions-take-time/ Covering the economy, global markets and world politics. Sat, 21 Nov 2009 21:19:11 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Bailous Sutton http://dailyreckoning.com/depressions-take-time/#comment-14031 Bailous Sutton Sun, 05 Jul 2009 06:19:56 +0000 http://dailyreckoning.com/?p=16934#comment-14031 I have not heard anyone suggest to the businesses who are firing many people, that they might ask their employees to ALL accept a cut in pay and keep ALL of them employed. Many do not know if THEY are the one who will be fired or not. SO -- if each person, along with EVERYONE else, agrees to scrimp SOME, then THEY might be saved from being fired!! The "fat cats" might not agree to scrimp, but if the majority agree to it, then just go ahead and cut the pay of those "fat cats" anyway. I have not heard anyone suggest to the businesses who are firing many people, that they might ask their employees to ALL accept a cut in pay and keep ALL of them employed. Many do not know if THEY are the one who will be fired or not. SO — if each person, along with EVERYONE else, agrees to scrimp SOME, then THEY might be saved from being fired!! The “fat cats” might not agree to scrimp, but if the majority agree to it, then just go ahead and cut the pay of those “fat cats” anyway.

]]> By: omop http://dailyreckoning.com/depressions-take-time/#comment-13993 omop Sat, 04 Jul 2009 16:20:10 +0000 http://dailyreckoning.com/?p=16934#comment-13993 Congrats on achieving the 25th. In lieu of smugness call or email Mark in Columbia, SC and share a wisdom or two. Or if not so inclined ask about best restaurants etc, in BA. On a personal basis I've been un-employed for lo many many moons. Given that more and more millions will be joining my status do you envisage, "Wash. DC collapsing along with big and little businesses too?". Congrats on achieving the 25th. In lieu of smugness call or email Mark in Columbia, SC and share a wisdom or two. Or if not so inclined ask about best restaurants etc, in BA.

On a personal basis I’ve been un-employed for lo many many moons. Given that more and more millions will be joining my status do you envisage, “Wash. DC collapsing along with big and little businesses too?”.

]]> By: JMR bayou bobby http://dailyreckoning.com/depressions-take-time/#comment-13925 JMR bayou bobby Fri, 03 Jul 2009 11:25:47 +0000 http://dailyreckoning.com/?p=16934#comment-13925 Wait too long and you may be rushing off to Argentina in a submarine. I recommend a southern port of departure, maybe not even a port. Row out to the waiting ark in a skiff manned by well paid accomplices. Perhaps you could arrange for one of those old diesel models, refitted and mothballed. They're available. Don't wait too long to answer the call of the southern siren. Wait too long and you may be rushing off to Argentina in a submarine. I recommend a southern port of departure, maybe not even a port. Row out to the waiting ark in a skiff manned by well paid accomplices. Perhaps you could arrange for one of those old diesel models, refitted and mothballed. They’re available. Don’t wait too long to answer the call of the southern siren.

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