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 Recessionmug. 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 entitlementmug. The elimination of common sense to please everyone so no one, especially a minority, is offended. Institutionalized brainwashing invented by facist liberals to advance socialism and eliminate cultural/social/gender differences that, for some reason, may offend the very few. The irony is that politcal correectness is offensive in itself. According to politcal correctness, identifying a person by their race i..e “black” insinuates bigotry or that persons who want a control on illegal immigration are racists. Political correctness is the dumbest philosophy and has become a laughing stock today. When hearing politically correct people speak, I just want to punch them in their face. They sound condescending and act like we are a bunch of racist, socially-challenged nitwits who can’t think for ourselves. The funny thing about politically correct people is that they don’t know what they believe, and walk around and talk like they’re in Oz and oblivious to society. It’s the politically correct morons that are the real idiots and not the regular people. It is out of control in America. Examples mof political correctness:
Fat:
heavily laden, weight challenged, person of size
Blind:
visually impaired, visually challenged (when it's not a challenge and no ability is present)
Guns: firearms
Retarded: mentally challenged
Skinny: slim, lean
Black:
African American. How can you be African while being American? You can also be African without being black. Some “Africans” are even white.
Minority: person of color
Mankind:
humankind so not to offend women. Ironically, MANkind refers to both sexes.
Old: elderly
Gay: homosexual, different sexual orientation
Gambling: gaming
Lying: misleading
Illegal alien: migrant, guestworker
Mexico: south of the border
Hispanic: Latino
Indian: south Asian or just Asian
Chinese, Japanese, Koran, Vietnamese: oriental, but:
Oriental: Asian
Midget:
little people, while “little people” can identify children
Short: vertically challenged
Politcal correctness makes Universties who's team name honors an indian tribe to be changed, for fear of offending them.
Political correctness will not allow U.S. troops to invade mosques in Iraq to search for WMD, knowing full well they are present, for the fear of offending Muslims.
Political coreectness demands unisex bathrooms.
Politcal correctness allows Muslims (and only Muslims) to have their own “prayer rooms” in airports.
Political correctness allows Musliim male cab drivers to refuse to pick up female passengers.
Politcal correctness, led by the ACLU, demands the removal of the Ten Commandments and Nativity scenes from public view, due to the fraudulent belief of “seperation of church and state.”
Political correctness allows women to attend all-male schools but wont allow men to attend all-female schools.
Fat:
heavily laden, weight challenged, person of size
Blind:
visually impaired, visually challenged (when it's not a challenge and no ability is present)
Guns: firearms
Retarded: mentally challenged
Skinny: slim, lean
Black:
African American. How can you be African while being American? You can also be African without being black. Some “Africans” are even white.
Minority: person of color
Mankind:
humankind so not to offend women. Ironically, MANkind refers to both sexes.
Old: elderly
Gay: homosexual, different sexual orientation
Gambling: gaming
Lying: misleading
Illegal alien: migrant, guestworker
Mexico: south of the border
Hispanic: Latino
Indian: south Asian or just Asian
Chinese, Japanese, Koran, Vietnamese: oriental, but:
Oriental: Asian
Midget:
little people, while “little people” can identify children
Short: vertically challenged
Politcal correctness makes Universties who's team name honors an indian tribe to be changed, for fear of offending them.
Political correctness will not allow U.S. troops to invade mosques in Iraq to search for WMD, knowing full well they are present, for the fear of offending Muslims.
Political coreectness demands unisex bathrooms.
Politcal correctness allows Muslims (and only Muslims) to have their own “prayer rooms” in airports.
Political correctness allows Musliim male cab drivers to refuse to pick up female passengers.
Politcal correctness, led by the ACLU, demands the removal of the Ten Commandments and Nativity scenes from public view, due to the fraudulent belief of “seperation of church and state.”
Political correctness allows women to attend all-male schools but wont allow men to attend all-female schools.
If you don’t believe that political correctness is bad, just look what it has done to Europe: they longer know what they believe as their society continues to erode and decay.
by krock1dk@yahoo.com January 10, 2008
Get the political correctnessmug. The absolute worst airline in the world to fly known for bad customer service. They treat their passengers like crap and overcharge for lowsy service. You have to pay for just making a reservation itself, for a soda, pillows, blankets, to check in your bag and almost to even use the toilet. When asked by an employee to help you, they role their eyes and speak in a condescending manner. When your trip is over they stick a broomstick up your ass and tell you to beat it.
The carrier is the 5th largest in the U.S. and is headquartered in the Minneapolis-St. Paul area. It has major hubs in Detroit, Memphis and Amsterdam with focus cities in Seattle, Los Angeles, New York, Indianapolis, Washington DC and Boston.
The carrier is the 5th largest in the U.S. and is headquartered in the Minneapolis-St. Paul area. It has major hubs in Detroit, Memphis and Amsterdam with focus cities in Seattle, Los Angeles, New York, Indianapolis, Washington DC and Boston.
by krock1dk@yahoo.com August 5, 2007
Get the Northwest Airlinesmug. by krock1dk@yahoo.com February 2, 2008
Get the votingmug. A classless and arrogant NFL team who represents the New England Region and play their games in Foxboro, Massachusettes because they do not wish to be associated with the Boston area or the rest of Massachusettes. This is typical because they have the worst fans in the League, even if they are loyal. They are sore winners AND sore losers. They mock teams win they win and mock them when they lose. The Patriots and their fans believe they are entitled to win EVERY game. When they lose, they create all kinds of whiny little excuses including accusing the other team of "cheating," the referees cheating, the sound from the crowd being too loud to hear the calls (especially when playing in a dome), communications being interupted, etc. The team refuses to take responsibility for losing a game and believe they are entitled to win it all. The Patriots have been fined in the past for cheating and videotaping other teams making their plays. They are Classless with a capital-C and not as good or sportsmenlike as they come across. Getting 3 Super Bowls doesn't mean class.
The New England Patriots are the most classless team in the NFL with classless fans to follow, who will mock ANY team they beat.
by krock1dk@yahoo.com November 27, 2007
Get the New England Patriotsmug. a region in Northern California along the west shore of the San Francisco Bay, that stretches from San Jose to San Francisco, that is a major center for high-tech manufacturing and numerous web-based corporations. It has a high cost of living as a result and and is among the most expenesive regions in the United States to live.
by krock1dk@yahoo.com August 3, 2007
Get the Silicon Valleymug.