krock1dk@yahoo.com's definitions
The worst financial crisis in the United States since the Great Depression and the current period we are in. It occurred during the first decade of the 21st century (core years lasted from 2007-2010) and was marked by rampant job losses, high unemployment, collapse of the real estate market, Wall Street losses, and the closing of numerous banks. The national unemployment rate was as high as 10% in 2010.
It was triggered by foreclosures and a collapse of the real estate market in Florida in 2007. Fannie Mae and Freddie Mac, two large government subsidized mortgages lenders, later fell under heavy scrutiny by many members of Congress. It also created a national credit crunch that resulted in new government regulations that tightened lending standards and changed the rules for nearly every bank. All of a sudden, even people with nearly spotless credit found it hard to get a loan on anything. Wall Street stocks fell by nearly 50% in 2009.
The GR also changed the political clout in Washington when Republicans became the majority party in the House of Representatives, after the 2010 midterm elections sent many Democrats home. Things havent improved very much as the Great Recession is still ongoing and many Americans are still out of work. It will take many years for the housing market to recover, and probably longer for the jobs return to pre-recession levels.
It was triggered by foreclosures and a collapse of the real estate market in Florida in 2007. Fannie Mae and Freddie Mac, two large government subsidized mortgages lenders, later fell under heavy scrutiny by many members of Congress. It also created a national credit crunch that resulted in new government regulations that tightened lending standards and changed the rules for nearly every bank. All of a sudden, even people with nearly spotless credit found it hard to get a loan on anything. Wall Street stocks fell by nearly 50% in 2009.
The GR also changed the political clout in Washington when Republicans became the majority party in the House of Representatives, after the 2010 midterm elections sent many Democrats home. Things havent improved very much as the Great Recession is still ongoing and many Americans are still out of work. It will take many years for the housing market to recover, and probably longer for the jobs return to pre-recession levels.
by krock1dk@yahoo.com July 19, 2011
Get the Great Recession mug.Believing you are automatically owed something by society thanks to lies from Democrats, Socialists and Liberals. Usually comes in the form of handouts: universal healthcare, the redistribution of wealth, reparations for blacks, reverse discrimination against whites to benefit blacks, politicans voting themselves a payraise in the middle of the night, athletes getting paid $200 million for their "talent", affirmative action, welfare, social security, etc.
Entitlement has taght Generation-X and Generation-Y that they can have a lavish lifestyle of materialism that it took their parents YEARS to achieve. Young people (under 30) now have record debt as a result, and are buying homes they can’t afford, cars they can’t pay for and credit cards they can’t pay off. Entitlement has led them to having to live with mommy and daddy ‘til things improve financially.
Entitlement has taght Generation-X and Generation-Y that they can have a lavish lifestyle of materialism that it took their parents YEARS to achieve. Young people (under 30) now have record debt as a result, and are buying homes they can’t afford, cars they can’t pay for and credit cards they can’t pay off. Entitlement has led them to having to live with mommy and daddy ‘til things improve financially.
Entitlement is the biggest problem with America today and is the soul cause of materialism.Entitlement has taght Generation-X and Generation-Y that they can have a lavish lifestyle of materialism that it took their parentst YEARS to achieve. Young people (under 30) now have record debt as a result, and are buying homes they can’t afford, cars they can’t pay for and credit cards they can’t pay off. Entitlement has led them to having to live with mommy and daddy ‘til things improve financially.
by krock1dk@yahoo.com January 13, 2008
Get the entitlement mug."UAW local 31 considers striking as GM announces more layoffs in Michigan. The story at eleven." Thats all you here in the headlines about this pathetic, Rust Belt state. Forget about finding a job here. Go elsewhere. Even Ohio is better--not much, but better nonetheless.
by krock1dk@yahoo.com December 29, 2007
Get the Michigan mug.An NFL franchise that has been based in Indianapolis, Indiana since relocating from Baltimore, Maryland in the dead of night in 1984. They've had a roller coaster ride since arriving in Indianapolis but won the 2007 Super Bowl under the leadership of Payton Manning. Represent the AFC South Conference. Known for generally bad defense, but are currently a very dangerous team that can beat the shit out of opponents when badmouthed.
The Indianapolis Colts are known for winnning many come-from-behind games when they improve their often lackluster defense.
by krock1dk@yahoo.com August 21, 2007
Get the Indianapolis Colts mug.One who spends most of their time in solitude. This may or may not be by choice. If it's by choice, the person is probably an introvert and enjoys their independence. But for those who are a loner not by choice is usually the result of low confidence and the inability to make/keep friends and not fitting in with society.
There is nothing wrong with being a loner if the person enjoys their solitude. But for those who are one by chance, it is not fun and can result in depression.
by krock1dk@yahoo.com March 3, 2008
Get the loner mug.An often irritating personality trait by which a stubborn, strong willed person always has to give their strong opinions, sometimes to the point of always believing they have to be right and have the last word.
by krock1dk@yahoo.com March 15, 2008
Get the opinionated mug.One of the greatest stories of an underdog ever. The main character, Rocky Balboa played by Sylvester Stallone, went from being a poor, inner-city Philadelphia club fighter to the world boxing champion, making him go from rags to riches in a short time. He meets his love, Adrian in a pet store and marries her in Rocky 2. They go on to have a son and name him Rocky Jr. In the last film, Rocky 5, he "adopts" a young kid and shows him the ropes of boxing, only to become the object of his jealousy and has to defend himself in a street fight, proving he is the greatest fighter of all time.
by krock1dk@yahoo.com March 4, 2008
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