MessakiNg
the one and only
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« Reply #15 on: August 20, 2009, 12:36:36 pm » |
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well where to begin... how is your day, mine is aight. i got some last night  from this freak that ive been tapping for about 3 weeks now. she claims to not be a freak but i hit that on the first night i actually met her and she had my junk in her mouth the next... the only problem with that though is shes not too experienced with giving blowies or my shizz is too big for her mouth so there is teeth invovled! do you know how painful that is? i just found out... first tim ive been bitten like that and i almost cried but i had to suck it up and hold the tears back cuz men do cry... amirite? anyway ive also been on somewhat of a drinking binge which is fun but disruptive to my normal daily routine. i havent played a video game in almost a month... except for SF4 which i played twice and i must say its like riding a bike cuz i still got it. even being out of practice for a while i was still crapping on players on xbox live... gears of war though is another story i tried one round while my brother was playing and i got dizzy from all the camera movement and rolling around trying to dodge.i miss my canadian mounty tyson LOTR GS Oru and everyone else i played with on the regular. i also havent played my guitar in over a week cuz of partying it up which sux cuz i like to do that... so now i have somewhat of a dilema. i like to go out and have fun get drunk and hang out with the ladies... but i also love playing games and my guitar i like to mess around on photoshop and **** with my computer so i cant decide which one i should stick with... or maybe what im doing or going thru is just a phase and i just need to get it out of my system. *sigh* im confused. /rant how is that for just talking?
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IBU
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WU R teh 1337
    
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hi NDS
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« Reply #16 on: August 20, 2009, 02:56:42 pm » |
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I've been wanting to get this off my chest for a while. Ok here goes...
The forgettable first half of 2008 is stumbling to a close. On Friday, the Labor Department reported that American employers axed 49,000 jobs in May, the fifth straight month of job losses—an event that signals a recession sure as the glittery ball dropping on Times Square augurs a New Year. The report, which inspired a 394-point decline in the Dow Jones Industrial Average Friday, was the latest in a run of bad news. Auto sales, the largest retailing sector in the U.S., were off 10.7 percent in May from the year before. And housing? Ugh. Nationwide, according to the Case-Shiller Index, home prices in the first quarter fell 14 percent.
Yet hope springs eternal that the second half will be better than the first. Economists polled by the Federal Reserve Bank of Philadelphia in May believe the economy will grow at an annual rate of 1.7 percent and 1.8 percent in the third and fourth quarters, respectively. Lawrence Yun, chief economist at the National Association of Realtors, tells NEWSWEEK that "home sales and prices in most of the country will improve during the second half of 2008." (Yun is the Little Orphan Annie of forecasters. He's always sure the sun will come out tomorrow.) Last month, Treasury Secretary Henry Paulson said, "We expect to see a faster pace of economic growth before the end of the year."
The cause for optimism: the U.S. has called in the economic cavalry, which has responded in textbook fashion. The Federal Reserve has aggressively cut interest rates, bringing the Federal Funds rate down from 5.25 percent last September to 2 percent. Earlier this spring, Congress and President Bush, in a rare moment of bipartisan accord, passed a stimulus package, which will shove nearly $100 billion into the pockets of American consumers by mid-July.
But this downturn is likely to last longer than the eight-month-long recession of 2001. While the U.S. financial system processes popped stock bubbles quickly, it has always taken longer to hack through the overhang of bad debt. The head winds that drove the economy into this dead calm— a housing and credit crisis, and rising energy and food prices—have strengthened rather than let up in recent months. To aggravate matters, the twin crises that dominate the financial news—a credit crunch and the global commodity boom—are blunting the stimulus efforts. As a result, the consumer-driven economy may not bounce back as rapidly as it did in the fraught months after 9/11.
As it seeks to regain its footing in the second half, the U.S. economy faces two significant obstacles, neither of which was evident in 2001. The first is entirely homegrown: the self-inflicted wounds of the promiscuous extension and abuse of credit in the housing and financial sectors. The second is a global phenomenon that has comparatively little to do with American behavior: rampant inflation in commodities such as oil, food and steel. These trends have conspired to inflict genuine economic pain and deflate consumer confidence. The Conference Board's Consumer Confidence Index in May slumped to a 16-year low.
While the treatment of the current malaise has been essentially identical to the reaction to the 2001 slump—aggressive Federal Reserve rate cuts and tax rebates—the symptoms are quite different. In 2001, an implosion in the technology sector and a slump in business investment pushed the economy over the edge. Even though some 3 million jobs were shed between 2001 and 2003, consumers soldiered on through the downturn. "We had a massive reduction in both long- and short-term interest rates, which set off the housing and consumption boom," says Ian Morris, chief U.S. economist at HSBC. (Remember zero-percent car loans?) This time, it's the opposite. While businesses—especially those that export—are holding up, the economy is being dragged down by the cement shoes of a freaked-out consumer and a punk housing market.
Lakkus is my girl
The difficulties today start—as they began last year—with housing and housing-related credit. Last Thursday, the Mortgage Bankers Association quarterly report showed that the percentage of mortgage borrowers behind on their payments—6.35 percent—was the highest since the MBA began tracking the number in 1979. It's not just subprime. In the first quarter of 2008, 36 percent of all foreclosures initiated were on prime adjustable-rate mortgages in California. Mark Zandi, chief economist of Moody's Economy.com, says the decline in home prices has slashed $2.5 trillion from household wealth, or about $25,000 per homeowner. The fall has also removed an important source of support for consumer spending, as Americans who grew accustomed to borrowing against rising home equity to finance car purchases or vacations now find themselves bereft. Banks are extricating themselves from the home-equity-line-of-credit business in the same way college students get themselves out of relationships gone bad: abruptly. Judi Froning, a second-grade teacher in San Diego, was surprised last week when she received a letter from Chase informing her that it was terminating her untapped HELOC. "In the light of declining home values, they said they are stopping, effective May 31, any draw on my line of credit," she says.
Despite repeated claims that the damage has been contained, the banks that recklessly financed the housing boom—and then traded mortgage debt even more recklessly—are still cleaning up the mess. But it turns out (surprise!) the same sort of clouded judgment led banks to excesses in commercial lending, and in loans to private-equity firms. The battered financial system, which has raised tens of billions of dollars on onerous terms from new investors to shore up balance sheets, is still likely to suffer more pain from the popped credit bubble, said Bruce Wasserstein, the CEO of the investment bank Lazard, speaking at a New York breakfast. "The harm will radiate for another year." The latest victim: Wachovia CEO G. Thompson Kennedy, cashiered after the North Carolina-based bank suffered a string of losses. Next up: write-offs for bad credit-card and commercial real-estate debt. After a serene period between 2004 and '07 in which the Federal Deposit Insurance Corp. went without a single bank failure, four have gone under so far this year. FDIC chairperson Sheila Bair warned of the "possibility that future failures could include institutions of greater size than we have seen in the recent past." In preparation, the agency has brought staffers out of retirement.
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iownoobz
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« Reply #17 on: August 20, 2009, 06:23:23 pm » |
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too much talking/ info. 
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IBU
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hi NDS
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« Reply #18 on: August 20, 2009, 06:26:33 pm » |
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I dont want to hear it.
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MessakiNg
the one and only
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« Reply #19 on: August 21, 2009, 11:15:03 am » |
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TMdudedudedude
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« Reply #20 on: August 21, 2009, 11:19:47 am » |
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IBU
Global Moderator
WU R teh 1337
    
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hi NDS
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« Reply #21 on: August 23, 2009, 01:24:56 pm » |
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How's life treatin' you guys?
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the KR3AT3R
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« Reply #22 on: September 14, 2009, 11:05:02 am » |
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Like candy
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MUFFIN
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Bacon Is Good For Me
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« Reply #23 on: September 19, 2009, 01:37:29 pm » |
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It's raining and I should be doing homework........but I'm here instead
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 MWR Code: 2632-2682-9076
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Termin8or
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« Reply #24 on: September 22, 2009, 07:17:28 am » |
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How's life treatin' you guys?
Funny you should ask. These are some quotes I live by: "It may be that your sole purpose in life is simply to serve as a warning to others." "The trouble with the rat race is that even if you win you're still a rat." "No matter how bad things get, you got to go on living, even if it kills you." "Life is like stepping onto a boat which is about to sail out to sea and sink." "In spite of the cost of living, it's still popular." "Personally, I don't think there's intelligent life on other planets. Why should other planets be any different from this one?" And my personal favorite:
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  Jinx you owe me a soda
Jinx you owe me a soda
I was slower than 91 % of the US so there  K's looks huge
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Sniper657
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Look at all the colors!
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« Reply #25 on: September 22, 2009, 07:53:03 am » |
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Wow some people like to talk
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   idk y I team..., hmm maybe because I suck
after playing you i now realize how you got so many melee kills
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Sgt Juny
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« Reply #26 on: September 22, 2009, 08:33:18 am » |
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Barely found this topic.  I'm leaving in about 25 minutes to go to prison...to know....to learn stuff.
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the KR3AT3R
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« Reply #27 on: September 22, 2009, 08:46:35 am » |
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First lesson: don't drop the soap.  At commersary buy soap on a rope.
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the KR3AT3R
Guest
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« Reply #28 on: September 22, 2009, 08:47:40 am » |
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Also, if a guy nems bubba offers you protection, don't accept it!!!
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Sniper657
WU Smash Yo Face
  
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Look at all the colors!
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« Reply #29 on: September 22, 2009, 08:51:06 am » |
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Barely found this topic.  I'm leaving in about 25 minutes to go to prison...to know....to learn stuff. That's how I look at school too. I'm sick right now so no jail time for me
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   idk y I team..., hmm maybe because I suck
after playing you i now realize how you got so many melee kills
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