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Post by mnfish on Mar 21, 2020 12:51:44 GMT -6
You didn't try making apple jack a couple winters ago? Maybe mnfish is talking about true distilled shine, IDK Distilled corn whisky. Flavored up with apple and cinnamon. Leave it outside all winter....no chance in hell this stuff freezing
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Post by benmnwi on Mar 21, 2020 18:49:11 GMT -6
I ran into Cook to fill a couple jugs of diesel. There was a priest walking up the street in full garb carrying a cross along with a couple people praying and asking for God’s blessing and help. Walked by my while I pumped gas and gave me a nod as they went by Well, that's either really good for you or really bad.
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Post by kooch on Mar 21, 2020 20:49:04 GMT -6
It was like something out of a movie scene. I won’t soon forget it.
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Post by smsmith on Mar 22, 2020 9:36:54 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come?
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Post by Catscratch on Mar 22, 2020 9:48:25 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come? There's a reason socialist like Bernie have any popularity at all... it's due to a percentage of the population who have no pride in fending for themselves and would gladly live on someone else's dime. People who are ok with handouts are out there. They expect to be saved, to be cared for, to be given necessities. They won't save and be prepared for themselves and their families. This will be a learning experience for them. They will get what they were expecting. It will come in $1000 checks and delayed bill payments. I fear this experience will only make it worse. Nobody will be allowed to fail for lack of preparation.
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Coda1
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Location: Hunting north of Staples, MN
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Post by Coda1 on Mar 22, 2020 9:53:00 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come?
I think it depends on how long this lasts and how many bailouts the government does. A lot of people might lose their jobs this time that aren't used to it. If people really get hit bad they might change their ways otherwise it will be back to normal for most just like after the last recession. I've probably got 10 years worth of expenses saved up with the exception of health insurance costs.
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Post by smsmith on Mar 22, 2020 9:53:57 GMT -6
I imagine there is plenty of "blame" for so many ill prepared Americans, but to me...the blame lies with parents. My folks beat financial independence/responsibility into my head pretty much from the time I can remember what money was. That doesn't mean I learned right away, as I made plenty of stupid decisions in my teens and early twenties. However, the instruction was there for me to fall back on once I got my head out of my ass.
I fear things only get worse from here on out
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Post by sd51555 on Mar 22, 2020 10:11:10 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come? This is the moral hazard of a loose safety net, helicopter parenting, bailouts, and the glass ceiling of poverty programs. If there was a real risk of people actually starving, losing homes, heat, and power, things would change for the middle class. The poor aren't allowed to save or work harder to get ahead. To get help they are forced to keep their income down, or they risk losing $1.25 or $1.50 in assistance for every additional $1 they earn. So they live in this government prison where their personal income is 50-100% below what they need to just survive. Forget them being allowed to save. For the wealthy, bailouts. UPS and FedEx are asking for bailout money, and politicians are wanting to kill off dividends, buybacks, and executive comp as part of the deal. I suppose it's a good idea if they become quasi-government run companies while this is going on, but I don't really want to own a company that cannot call the shots for the shareholders or attract and retain top execs. And the kids. Do they believe their parents will help them at age 20? 25? 30? 35? 40? Is their expectation that help is unconditional and guaranteed, or will mom and dad dish out the tough love? When I left home for college, the financial arrangement was basically, "Good luck, you're on your own." Guy learns quickly how to make money, and cut the budget when times are getting tough. That turns to the yearning to figure out a better way to earn vs scraping shingles off a roof or building trusses downwind of industrial turkey barns.
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Post by Freeborn on Mar 22, 2020 10:12:20 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come? Allot depends on how long the lock down continues. Unfortunately many people don't know how to behave and could not find the answers to their problems if they were provided a map. I for one will be minimizing my exposure to government and its related expense. Its only a matter of time and one of these far lefties will win an election and come straight at people for their wealth.
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Post by wklman on Mar 22, 2020 10:13:05 GMT -6
I imagine there is plenty of "blame" for so many ill prepared Americans, but to me...the blame lies with parents. My folks beat financial independence/responsibility into my head pretty much from the time I can remember what money was. That doesn't mean I learned right away, as I made plenty of stupid decisions in my teens and early twenties. However, the instruction was there for me to fall back on once I got my head out of my ass. I fear things only get worse from here on out Agreed. If people don't start helping each other out it's gonna get real ugly, especially in the inner cities.
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Post by smsmith on Mar 22, 2020 10:27:22 GMT -6
Will this be an event that changes American ways of thinking? It used to be that we were told to always have at least 6 months and preferably a full year's worth of expenses in liquidity. I wonder what percent of Americans have that? Why do we need the federal government to step in and "save us" after 2 weeks of hardship? How many Americans will change after this event? Any? Will people stop getting one or two (or more) $5 coffees every day? Will they stop putting vacations on their credit cards? Will they all just go back to spending more than they make and betting on the paychecks to come? This is the moral hazard of a loose safety net, helicopter parenting, bailouts, and the glass ceiling of poverty programs. If there was a real risk of people actually starving, losing homes, heat, and power, things would change for the middle class. The poor aren't allowed to save or work harder to get ahead. To get help they are forced to keep their income down, or they risk losing $1.25 or $1.50 in assistance for every additional $1 they earn. So they live in this government prison where their personal income is 50-100% below what they need to just survive. Forget them being allowed to save. For the wealthy, bailouts. UPS and FedEx are asking for bailout money, and politicians are wanting to kill off dividends, buybacks, and executive comp as part of the deal. I suppose it's a good idea if they become quasi-government run companies while this is going on, but I don't really want to own a company that cannot call the shots for the shareholders or attract and retain top execs. And the kids. Do they believe their parents will help them at age 20? 25? 30? 35? 40? Is their expectation that help is unconditional and guaranteed, or will mom and dad dish out the tough love? When I left home for college, the financial arrangement was basically, "Good luck, you're on your own." Guy learns quickly how to make money, and cut the budget when times are getting tough. That turns to the yearning to figure out a better way to earn vs scraping shingles off a roof or building trusses downwind of industrial turkey barns. I was poor. I didn't much enjoy it, so I paid for a college education (borrowed money and paid it back early) and became less poor. I was certainly never anything approaching wealthy as a school teacher, but I wasn't poor either. If the poor don't like being poor, do something about it. I like the fact Trump is saying no buy backs for companies. The kids...that is my point exactly. If parents provided their children with the necessary instruction about being financially responsible/independent, we wouldn't be in the situation we are. That isn't the public education's job IMHO...that's a parent's job. My step kids are fully aware of the fact we expect them to be financially responsible. We helped them get post-secondary educations so that they could be "not poor". They were told that they'd been given the keys to life, it was up to them to use them. That doesn't mean we wouldn't help them out in an emergency, but they know full well we expect them to be independent adults. I personally believe that is what all young people actually want. Nobody wants to be a leech, as long as they've been taught what constitutes being a leech.
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Post by smsmith on Mar 22, 2020 10:29:54 GMT -6
I imagine there is plenty of "blame" for so many ill prepared Americans, but to me...the blame lies with parents. My folks beat financial independence/responsibility into my head pretty much from the time I can remember what money was. That doesn't mean I learned right away, as I made plenty of stupid decisions in my teens and early twenties. However, the instruction was there for me to fall back on once I got my head out of my ass. I fear things only get worse from here on out Agreed. If people don't start helping each other out it's gonna get real ugly, especially in the inner cities. My buddy lives just north of Madison, WI. While it is no "metropolis" the area has all the problems of big cities. Ammo has been sold out for quite awhile. He's getting a bit nervous. I'm sure police response time for him would be quicker than it is for me, but his odds of needing them are also higher I'd guess.
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Coda1
Full Member
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Likes: 303
Location: Hunting north of Staples, MN
Zone: 3B
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Post by Coda1 on Mar 22, 2020 11:17:35 GMT -6
There are way too many Americans who were not taught financial responsibility from their parents and they are now raising kid themselves. I don't know what the solution would be. Maybe classes in school would help but I'm not sure they would listen anyway. Wouldn't hurt to swap out and art class for a financial one though.
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Post by Freeborn on Mar 22, 2020 11:22:29 GMT -6
I imagine there is plenty of "blame" for so many ill prepared Americans, but to me...the blame lies with parents. My folks beat financial independence/responsibility into my head pretty much from the time I can remember what money was. That doesn't mean I learned right away, as I made plenty of stupid decisions in my teens and early twenties. However, the instruction was there for me to fall back on once I got my head out of my ass. I fear things only get worse from here on out Agreed. If people don't start helping each other out it's gonna get real ugly, especially in the inner cities. The only thing I see a shortage of is health care. People will stop paying bills way before they will starve. Unless this goes for a long long time what will people need they can't get? Food and basics will be available. Winter is coming to an end so heat costs should drop.
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Post by Catscratch on Mar 22, 2020 11:48:21 GMT -6
Kids know what they know.
Nobody "likes" being broke, but it's rare to see someone who has lived their whole life that way do something to change it. Takes a strong person to break from family influence.
I do think schools should focus more on teaching the tools of finance. Those are just tools though, got to be willing to use them.
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