Author Topic: Fear Mongering Monday!  (Read 8268 times)

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Offline nacho

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« on: August 08, 2005, 03:20:19 PM »
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Longer daylight saving may cause trouble


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The upcoming transition evokes memories of Y2K


Disaster!!



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Oil soars to new record high



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Oil prices are 40% higher than a year ago, although crude prices would have to surpass $90 to reach the inflation-adjusted high set during the 1979 Iranian revolution....But at an average of more than $53 for the year to date for U.S. crude, prices are well above those during the 1974 Arab oil embargo.


So it's below what it was in 1979.... BUT HIGHER THAN IT WAS IN 1974 AND 1492 COMBINED!!!!!

Offline Matt

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« Reply #1 on: August 08, 2005, 03:21:50 PM »
I'm paying almost 2.50 for gas where I live. I remember when I first started really driving, about a year ago, it was like, a buck eighty. Or less.

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« Reply #2 on: August 08, 2005, 03:22:16 PM »
The daylight savings thing will give a lot of programmers some really posh jobs, especially those well-versed in old mainframe languages. In the Y2K thing, COBOL and obsolete-assembly programmers were pulling hundreds per hour to read through old procedural code and add minor hacks.

Offline nacho

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« Reply #3 on: August 08, 2005, 03:25:49 PM »
Quote from: Matt
I'm paying almost 2.50 for gas where I live. I remember when I first started really driving, about a year ago, it was like, a buck eighty. Or less.


Oh, cut it out.  You should be paying $7-8 a gallon.  And, technically, you are through the extraordinarily heavy State/county taxes we all pay.  Gas is heavily subsidized, and it shouldn't be.

Offline nacho

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« Reply #4 on: August 08, 2005, 03:27:28 PM »
Quote from: Tyson
The daylight savings thing will give a lot of programmers some really posh jobs, especially those well-versed in old mainframe languages. In the Y2K thing, COBOL and obsolete-assembly programmers were pulling hundreds per hour to read through old procedural code and add minor hacks.
 

So Bush is really boosting the IT market for the next two years.  Good for him.  The echo bubble.  Which means he'll be leaving on a bustling economic note.

Offline Matt

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« Reply #5 on: August 08, 2005, 03:27:56 PM »
What I shouild be paying, eh...

I'm just glad I can fill up my tank for less than $25. I laugh when I see what people at the tank before have paid.

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« Reply #6 on: August 08, 2005, 03:28:44 PM »
I started driving back when it hovered around a buck. Now I'm getting a car and it's $2.70 around here.

I'll be all shocked and stuff and you guys will be like, "Welcome to the new century, dumbass."

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« Reply #7 on: August 08, 2005, 03:30:53 PM »
Quote from: nacho
So Bush is really boosting the IT market for the next two years.  Good for him.  The echo bubble.  Which means he'll be leaving on a bustling economic note.


That's just an immediate talking point. Something to convince people that IT'S A GOOD REPUBLICAN THING!

But the problem Republicans have is looking down the road more than 30 days. God! Bush is leaving this system in shambles for the next Prez to fix up. Cunt.

Offline nacho

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« Reply #8 on: August 08, 2005, 03:40:00 PM »
Quote from: Matt
What I shouild be paying, eh...

I'm just glad I can fill up my tank for less than $25. I laugh when I see what people at the tank before have paid.


Sorry, not clear.  You ARE paying that.  2.50 at the pump, the rest in your taxes.  Don't get caught by the "It doesn't say it on the meter" thing.  That's like saying the credit card's monthly charge doesn't matter on the $1000 you're carrying over every month.

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« Reply #9 on: August 08, 2005, 03:42:14 PM »
The fine art of shuffling expenses around. When your poll ratings are in the dump, gut social programs and drop gas prices by 5ยข a gallon. Instant karma!

Offline nacho

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« Reply #10 on: August 08, 2005, 06:24:07 PM »
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Rising oil staggers stocks



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The Nasdaq composite (down 13.52 to 2,164.39, Charts) lost 0.6 percent.

The Dow Jones industrial average (down 21.10 to 10,536.93, Charts) lost 0.2 percent and the Standard & Poor's 500 (down 3.29 to 1,223.13, Charts) index lost around 0.3 percent


That's not staggering.  We've seen worse on normal days.

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« Reply #11 on: August 08, 2005, 06:31:44 PM »
How else are they going to sell newspapers and 11pm advertisements?

 I mean, do you read the papers when companies announce record profits?

"XYZ Corp. announced today that Q2 earnings were 10% below analyst expectations."

Then 90 lines down:

"Q2 earnings were pegged at a record $392 billion dollars, 1,400% higher than last year for the same quarter."

Their stock plummets.

As an Apple fan, I get to watch this shit happen all the time. "Apple made a bajillion bucks, double analyst expectations, and noted that sales were up in 75% of its product lines. BUT THEY STILL HAVE A ONE BUTTON MOUSE! SELL SELL SELL! DUMP! UNLOAD! THEY'RE GOIN' DOWN! JESUS FUCK!"

Then I watch my stock creep back up to record levels a week later when people read past the headline and token picture of an iPod.

Offline Nubbins

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« Reply #12 on: August 08, 2005, 07:44:02 PM »
Hey, did I mention that the concrete on my bunker finally set?  It's fucking TITS, dudes... tomorrow I pick up my 3.5 year supply of franks and beans.
8=o tation

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« Reply #13 on: August 08, 2005, 07:48:42 PM »
So what did everyone here do on Y2K eve? I watched the news, laughing, because I knew Y2K was a crock of crap. Computer engineers and scientists and programmers hyped it up so they/we could make $500 a day, working for 2 hours to oversee the use of the find-and-replace function of our outdated text editors.

Well, us Mac people didn't get to enjoy that tomfoolery. Oh well.

But man! Can you imagine? You're a low-level secretary. Then you take a 6 hour course on COBOL programming and then you're making $100 an hour the next day? Sweet shit, man.

God-bless the old tech bubble.

Offline Nubbins

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« Reply #14 on: August 08, 2005, 07:59:17 PM »
Quote from: Tyson
So what did everyone here do on Y2K eve? I watched the news, laughing, because I knew Y2K was a crock of crap.


Honestly... I can't remember, but I knew Y2K was a crock of crap too.  To my best recollection, I was spinning around on a beach somewhere in Southern California, filled to capacity with cheap beer and even cheaper marijuana, surrounded with 2 or 3 people I'd never met before.  

I vaguely remember talking to a blonde about fake breasts and thinking that we were discussing hers when she got all offended and yelled that her breasts were not, in fact, fake and she didn't really want to talk about them in the first place.  Shortly afterwards, I was thrown out for smoking a cigarette because Californians don't like to mix their vices or some such nonsense.  

Somewhere between the beach and my parent's condo, I managed to lose my pants and socks.  The next morning, as my mom fed me aspirin, water and slices of white bread, she told me how I'd woken her up at 4 am after I fell out of bed, stumbled onto their balcony and tried to pee on the wicker patio furniture thinking I'd found my way to the bathroom.  I still haven't lived that one down.

It's my belief that if you can remember anything about any New Year's Eve, then there's something you're not doing right.... oh wait, I forgot... you were like 13 or something.

Quote from: Tyson
Well, us Mac people didn't get to enjoy that tomfoolery. Oh well.


And you never will, buddy... you never will. :D
8=o tation