"Discover Cooking, Discuss Life."

Go Back   Discuss Cooking - Cooking Forums > The Back Porch > Off Topic Discussions
Reply
 
Thread Tools Display Modes
 
Old 07-31-2008, 11:46 PM   #31
Sous Chef
 
attie's Avatar
 
Join Date: Jul 2006
Location: Mackay Queensland Australia
Posts: 719
We are hurting to but not as bad it seems, Starbucks are closing 61 outlets here but the others are hanging in. People now have no disposable income left over for the luxuries they normally enjoy so the belts have tightened and the restaurants and take outs are the first to feel this effect.
For us it is going to get worse before things get better, our mortgage rates are now almost 10%, The weak US dollar has contributed to the fuel hikes which the oil companies love [BP is reporting a $9.8 billion profit for the last quarter] and I guess Texaco is doing better than that.
Our past alliance with China and now India has saved us with their insatiable demand for iron ore, coal and gas. We bring in thousands of skilled workers now to try and keep up and this reverberates all the way down to people like Mc'D's and KFC who now recruit workers from the Philippines.
I read this morning that your GDP growth has slowed to 1.9%, that's not good when you consider China is predicting theirs to slow to 10.8% this year.
You could always jump ship and come join us ----- [Conditions apply]
__________________

__________________
http://cockeyed.com/inside/vegemite/vegemite.html
We are happy little Vegemites, happy as can be
attie is offline   Reply With Quote
Old 08-01-2008, 12:07 AM   #32
Master Chef
 
Join Date: Jan 2008
Location: Cicero, IL
Posts: 5,093
I'll be right there! Oh wait, ya'll got that nasty snake down there don't ya??? Anywhere down there free of snakes and I would be happy to go down under!
__________________

__________________
Maverick2272 is offline   Reply With Quote
Old 08-01-2008, 12:55 AM   #33
Sous Chef
 
attie's Avatar
 
Join Date: Jul 2006
Location: Mackay Queensland Australia
Posts: 719
Quote:
Originally Posted by Maverick2272 View Post
I'll be right there! Oh wait, ya'll got that nasty snake down there don't ya??? Anywhere down there free of snakes and I would be happy to go down under!
Lots of snakes Mav------ but mostly in the bush. There's a simple rule with them, if they climb trees they're not poisonous, if they don't ---- run.
__________________
http://cockeyed.com/inside/vegemite/vegemite.html
We are happy little Vegemites, happy as can be
attie is offline   Reply With Quote
Old 08-01-2008, 01:02 AM   #34
Master Chef
 
Join Date: Jan 2008
Location: Cicero, IL
Posts: 5,093
I have a simple rule, if I am armed they should run. If I am not armed, I'm runnin! LOL I have a serious aversion to them!
__________________
Maverick2272 is offline   Reply With Quote
Old 08-01-2008, 06:31 AM   #35
Executive Chef
 
bethzaring's Avatar
 
Join Date: Apr 2005
Location: Northern New Mexico
Posts: 4,602
one thing I see as being different this time, is the federal budget deficit. I rarely see this mentioned in the press. We have never operated under such a hugh budget deficit. Any one know how this effects the current economic conditions?
__________________
Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has. Margaret Mead
bethzaring is offline   Reply With Quote
Old 08-01-2008, 07:58 AM   #36
Executive Chef
 
bethzaring's Avatar
 
Join Date: Apr 2005
Location: Northern New Mexico
Posts: 4,602
another few thoughts before I head out to pick beans to can today.....I am after a discussion of your strageties of dealing with the unfolding economic conditions. I do feel we have an elephant in the room with this out of control budget deficit. I also have had recent experience with Medicare. I have been shocked at the things Medicare has paid for relating to my mother. I have been paying my mom's bills since Oct 07 and Medicare and her insurance have paid close to $25,000, just since Oct. I would not be surprised if they have paid close to a half million in her lifetime.

We have no debt. That used to be wise. Is it still wise? We have been planning to retire dh real soon. Now, not so sure. Just looking for ideas of how to proceed for the next 10 to 20 years....
__________________
Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has. Margaret Mead
bethzaring is offline   Reply With Quote
Old 08-01-2008, 08:41 AM   #37
Chief Eating Officer
 
GB's Avatar
 
Join Date: Jul 2004
Location: USA,Massachusetts
Posts: 25,509
We have strayed far from the original topic of these restaurants closing and have started to get political. We need to get back to the topic at hand and not let this go into territory it should not go. I know that is difficult because this is a political situation to a degree, but I know we can do it.
__________________
You know you can't resist clicking
this link. Your eyes will thank you. VISUAL BLISS
GB is offline   Reply With Quote
Old 08-01-2008, 09:43 AM   #38
Sous Chef
 
Join Date: Oct 2007
Location: Houston TX
Posts: 503
Back on subject - the closing of Bennigan's and Steak and Ale. IMHO they faced competition they were ill-prepared for.
__________________
simplicity is offline   Reply With Quote
Old 08-01-2008, 09:47 AM   #39
Chief Eating Officer
 
GB's Avatar
 
Join Date: Jul 2004
Location: USA,Massachusetts
Posts: 25,509
I actually have not seen a Bennigan's in many years. I had forgotten they even existed until this week. We never had Steak and Ale around here as far as I know. I have never seen one.
__________________
You know you can't resist clicking
this link. Your eyes will thank you. VISUAL BLISS
GB is offline   Reply With Quote
Old 08-01-2008, 10:49 AM   #40
Executive Chef
 
Join Date: Oct 2006
Location: New Jersey
Posts: 4,630
There's some Bennigans in Jersey.
__________________

__________________
Jeekinz is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



» Discuss Cooking on Facebook

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 04:34 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.