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Reply #55: You hit that nail on the head [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
ProudDad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-29-06 01:44 AM
Response to Reply #26
55. You hit that nail on the head
"To those who are comfortably employed (from an old guy who has seen countless people crash and burn): PREPARE FOR THE WORST. If you haven't already, crunch your lifestyle down to the bare minimum and save, save, save if you can possibly do it. Don't rest until you have zero debt (besides mortgage) and at least one year of living expenses socked away. And then keep saving as if you'll lose your job tomorrow. You won't regret it. You cannot trust this economy to provide a living wage. Some will make it, but many won't. Assume the worst and prepare as best you can."

From another older guy whose job has been "outsourced" out from under 3 times in the last 5 years, learn to live with a simpler, cheaper life style...hell, you'll be happier not trying to keep up with the Jones's anyway!

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  -If You've been Downsized, Outsourced and Retrained..READ THIS!!! KoKo01  Mar-27-06 06:32 PM   #0 
  - Link does not work. Goes to a page missing  MSgt213   Mar-27-06 06:34 PM   #1 
  - Okay...let me fix it...you will NOT WANT TO MISS it.  KoKo01   Mar-27-06 06:37 PM   #2 
     - Here's the "print link" if it doesn't work for you let me know..........  KoKo01   Mar-27-06 06:38 PM   #5 
  - Here is the link.  BrklynLiberal   Mar-27-06 06:37 PM   #3 
  - At first glance this article would "seem" to be about Airline Folks..BUT!  KoKo01   Mar-27-06 06:54 PM   #10 
  - I have been "downsized" from 3 jobs!!!!!!!  BrklynLiberal   Mar-27-06 06:55 PM   #11 
     - I know...can't tell you how "moving around the USA" to be downsized again  KoKo01   Mar-27-06 07:16 PM   #15 
        - I will not even discuss the emotional and physical havoc it wreaks.  BrklynLiberal   Mar-27-06 08:26 PM   #22 
  - if you don't want to register, you can always try  UpInArms   Mar-27-06 08:47 PM   #23 
  - Page Not Found  Vincardog   Mar-27-06 06:38 PM   #4 
  - Try THIS...sounds like "Powers that Be" are trying to stop this article  KoKo01   Mar-27-06 06:46 PM   #7 
     - A little more of the article but doesn't do it justice..please try to link  KoKo01   Mar-27-06 06:49 PM   #8 
     - Great post! A few observations from an older guy whose seen a lot...  Iowa   Mar-27-06 10:28 PM   #26 
        - Excellent insights and advice. Thanks for posting. n/t  quiet.american   Mar-28-06 10:03 AM   #36 
        - You hit that nail on the head  ProudDad   Mar-29-06 01:44 AM   #55 
        - Excellent advice.  tenshi816   Mar-29-06 03:00 AM   #56 
        - tenshi816, regarding those who say you're a pessimist...  Iowa   Mar-29-06 01:46 PM   #57 
        - Been there, done that....  AnneD   Mar-29-06 03:19 PM   #58 
     - this is why the h1b visas and other bs really irks me - we are over educat  28erl   Mar-28-06 06:47 PM   #46 
        - more from this article  28erl   Mar-28-06 06:48 PM   #48 
  - Sad sad state of affairs.  gizmo1979   Mar-27-06 06:38 PM   #6 
  - People will be ticked off but they wont go after  ikojo   Mar-27-06 07:13 PM   #14 
  - Yes it sucks to be middle class or  gizmo1979   Mar-28-06 06:02 PM   #41 
  - When the masses are cold & hungry  CrispyQGirl   Mar-28-06 10:40 AM   #37 
  - Excellent article.  area51   Mar-27-06 06:52 PM   #9 
  - I haven't read any article so good in YEARS...and the reporter deserves  KoKo01   Mar-27-06 06:59 PM   #12 
     - You're right about this reporter being a Helen Thomas -type.  LisaLynne   Mar-28-06 07:55 AM   #31 
  - only one more vote to make the greatest page  sad_one   Mar-27-06 07:01 PM   #13 
  - I hope this post will stay around DU because it affects so many of us  KoKo01   Mar-27-06 07:18 PM   #16 
  - Does Eminent Domained Apply to this topic....if so  Lostnote06   Mar-27-06 07:24 PM   #17 
  - Thanks for posting this KoKo01  OurVotesCount-Ohio   Mar-27-06 07:28 PM   #18 
  - There are SO MANY of us who walk in your shoes...and we've blamed  KoKo01   Mar-27-06 07:38 PM   #20 
  - If you don't subscribe to "NYT's"  KoKo01   Mar-27-06 07:36 PM   #19 
  - This is all to familiar...  celestia671   Mar-27-06 08:10 PM   #21 
  - related: Book Review: The Disposable American  UpInArms   Mar-27-06 08:50 PM   #24 
  - hey....thanks for the book review on this reporter...he deserves some  KoKo01   Mar-27-06 08:59 PM   #25 
  - EAT the rich  undergroundpanther   Mar-28-06 02:19 AM   #27 
  - I always knew that "re-training" was a joke. What the real scam is  The Backlash Cometh   Mar-28-06 07:06 AM   #28 
  - Interesting....first time I've ever seen any attention to this was this  KoKo01   Mar-28-06 07:58 AM   #32 
     - Government use to be big business's BEST client.  The Backlash Cometh   Mar-28-06 08:23 AM   #34 
  - If you want to read whole thing and don't subscribe to NYT's PM me  KoKo01   Mar-28-06 07:39 AM   #29 
  - I was watching Oprah (yeah, yeah, I know) the other day ...  LisaLynne   Mar-28-06 07:51 AM   #30 
  - I know....it's a myth... At one time when there were jobs because our  KoKo01   Mar-28-06 08:13 AM   #33 
  - BINGO -- That is why the Centrist Democratic message is so hollow  Armstead   Mar-28-06 09:46 AM   #35 
  - True...all "WE" need is to "Improve!" Stop there...restart and "Reload."  KoKo01   Mar-28-06 06:33 PM   #43 
  - A view from an "efficiency expert"  Texaroo   Mar-28-06 11:07 AM   #38 
  - What you say is so interesting ...A "maquiladora mentality:" and it  KoKo01   Mar-28-06 06:39 PM   #45 
  - Thank you for posting this.  Raksha   Mar-28-06 04:35 PM   #39 
  - I can still send those who "PM" me here on DU the full article...don't be  KoKo01   Mar-28-06 04:57 PM   #40 
  - oh...well just "hump" this important Post to the MAX....just keep it going  KoKo01   Mar-28-06 06:30 PM   #42 
  - Americans either WON'T work (immigration) or are too DUMB to work HB2  patdem   Mar-28-06 06:36 PM   #44 
  - I know....the "Mainstream Media" repeats. "too dumb or won't work" so  KoKo01   Mar-28-06 06:47 PM   #47 
  - terrific article  28erl   Mar-28-06 06:49 PM   #49 
  - I think it would be interesting to do survey of how many work "beneath'  KoKo01   Mar-28-06 09:20 PM   #53 
  - congress critters should have to face this - instead all of our  28erl   Mar-28-06 06:55 PM   #50 
  - I have trouble understanding what goes on in DC these days...but  KoKo01   Mar-28-06 08:33 PM   #52 
     - only government they are drowning are social programs  28erl   Mar-28-06 11:13 PM   #54 
  - Please "PM" me for this article...it comes through on DU Format...but  KoKo01   Mar-28-06 07:07 PM   #51 
  - Once More: I can still send you the whole "Print copy" of the article....  KoKo01   Mar-29-06 07:08 PM   #59 
  - A kick because this deserves a look....and a little more time?  KoKo01   Mar-30-06 06:27 PM   #60 
  - Chaos capitalism! Just keep it moving! We make money off every PIP!  Joanne98   Mar-30-06 06:33 PM   #61 
  - That's PIP not pimp. My son's a FOREX trader..............  Joanne98   Mar-30-06 06:35 PM   #62 
  - Chaos Capitalism/Chaos Terrorism Alerts/Chaos Government/Chaos  KoKo01   Mar-30-06 07:07 PM   #63 
  - Link here to the entire story. Great piece!  seafan   Mar-30-06 07:36 PM   #64 
  - kick. (n/t)  area51   Mar-31-06 02:01 AM   #65 
 

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