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IMG_0326

IMG_0326 by Matthew Kendig.

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ChrisI1024  Pro User  says:

Hi, I'm an admin for a group called Economic Cluster**** of 2008, and we'd love to have this added to the group!
Posted 10 months ago. ( permalink )

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kittykatfish  Pro User  says:

Ha!
Posted 10 months ago. ( permalink )

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Sarajea  Pro User  says:

This made my afternoon.
Posted 10 months ago. ( permalink )

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Ninja Cherepashka  Pro User  says:

love it :-)
Posted 10 months ago. ( permalink )

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ĸyıə  Pro User  says:

hah - funny how it's full, too
Posted 10 months ago. ( permalink )

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Silveira Neto  Pro User  says:

Very good one.
Posted 10 months ago. ( permalink )

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kianryan  Pro User  says:

Fantastic :-)
Posted 10 months ago. ( permalink )

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Chad in Ind says:

9/30/2008 - Reddit alert
Posted 10 months ago. ( permalink )

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artisimo says:

So true!
Posted 10 months ago. ( permalink )

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Jesse Clark  Pro User  says:

Great shot! It looks like they have a little ways to go!
Posted 10 months ago. ( permalink )

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shirtnpants  Pro User  says:

It's a start.
Posted 10 months ago. ( permalink )

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tboard  Pro User  says:

No thanks. I gave at the office
Posted 10 months ago. ( permalink )

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cogito ergo imago  Pro User  says:

I wish you would allow this to be downloaded.
Posted 10 months ago. ( permalink )

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Soitu.es says:

Hi! My name is Miguel Moreno and I write you on behalf of soitu.es, a Spanish information website. We are preparing a special report for tomorrow about the world economic crisis and me myself I'm in charge of getting ready an album about how is flickr seeing the crisis, so I would select some of the pictures in the group "Economic Cluster of 2008". I'm afraid we can't afford paying for the pictures yet (I hope maybe some day we will be big enough to pay for every photo), so I'm asking you for permission to publish this picture, obviously under your user name (or other if you prefer) and linked to this site. I hope you will allow us. Thanks in advance.
Posted 10 months ago. ( permalink )

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gruntzooki  Pro User  says:

Love the photo -- I just wish it was bloggable!
Posted 10 months ago. ( permalink )

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cpoliver  Pro User  says:

Brilliant satire!
Posted 10 months ago. ( permalink )

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nihongobakari says:

Awesome.
Posted 10 months ago. ( permalink )

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typosaurus says:

Excellent! Gets the point across quite nicely.

#1 found on www.reddit.com

It is bloggable gruntzooki :)
Posted 10 months ago. ( permalink )

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Jonathan Feinberg says:

We'll see whether those guys are still laughing when they have to fire everyone because they can't buy next week's coffee.
Posted 10 months ago. ( permalink )

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ikirigin  Pro User  says:

Ohh the irony. This picture has been tipped w/ Tipjoy: tipjoy.com/joy/82980/
Posted 10 months ago. ( permalink )

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TripleMs says:

funny....I like the idea
Posted 10 months ago. ( permalink )

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andy2na says:

you are exploiting and making fun of the economy to gain more tips.
Posted 10 months ago. ( permalink )

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Chomu Sclavus says:

HAH!

If you'll give $700 bil somewhere, give it to the poor in debt, and give the homeless new homes.
Posted 10 months ago. ( permalink )

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dmanexe says:

ha! i love it!
Posted 10 months ago. ( permalink )

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samhowat  Pro User  says:

That is awesome! I need one of those for my desk :)
Posted 10 months ago. ( permalink )

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Prophet in Exile  Pro User  says:

Spec-freakin'-tacular.
Posted 10 months ago. ( permalink )

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7May  Pro User  says:

great idea, and nice picture
Posted 10 months ago. ( permalink )

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tehstone says:

hehe yes we have a milk jug in our apartment to collect change for the bailout fund.
Posted 10 months ago. ( permalink )

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Wiretap Studios  Pro User  says:

Seen on Digg.com!
Posted 10 months ago. ( permalink )

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_MichaelK_  Pro User  says:

LMAO.. that's to funny

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Posted 10 months ago. ( permalink )

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SurRea1 says:

Awesome :)
Posted 10 months ago. ( permalink )

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savor_soaps  Pro User  says:

Brilliant.
Posted 10 months ago. ( permalink )

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Loimere  Pro User  says:

haha, that is good, oh I feel bad for the yanks today
Posted 10 months ago. ( permalink )

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firewallender  Pro User  says:

Epic.
Posted 10 months ago. ( permalink )

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Ivman679  Pro User  says:

Ha, pretty much.
Posted 10 months ago. ( permalink )

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quonsar says:

We're all subprime now
Posted 10 months ago. ( permalink )

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Eric Hamilton  Pro User  says:

hahaha! =)
Posted 10 months ago. ( permalink )

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tumbleweed05 says:

well done.
Posted 10 months ago. ( permalink )

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theholymacintosh  Pro User  says:

Fantastic!
Posted 10 months ago. ( permalink )

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me.at.work  Pro User  says:

Ah, you know what? I totally believe what the news media tells me without reading the bill myself. We totally should have gone into Iraq, until the media told me we totally shouldn't have. Right on!
Posted 10 months ago. ( permalink )

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ben.pollak  Pro User  says:

sweet!
Posted 10 months ago. ( permalink )

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mariusstrom  Pro User  says:

full of win.
Posted 10 months ago. ( permalink )

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rkag  Pro User  says:

nice one!
Posted 10 months ago. ( permalink )

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NeinLivez says:

:-)
Posted 10 months ago. ( permalink )

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alexbutterfield says:

this idea has just been stolen
Posted 10 months ago. ( permalink )

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jaasum says:

Hats off to those great folks! I'd tip.
Posted 10 months ago. ( permalink )

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saudiblog says:

I see what you did there !
Posted 10 months ago. ( permalink )

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liviaphoenix says:

that is so stupid. whoever made that sign is an idiot along with most of the american people who are against this bill. this bill is not meant to help "rich people" although that may be a BY PRODUCT because rich people are included within the general american population. this bill will help the american economy on a whole, which affects EVERYONE in this country. if you have a retirement account, which most people WITH JOBS do, you can say good bye to it.
Posted 10 months ago. ( permalink )

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mrmuggles  Pro User  says:

Haha! Nice one! Sad, but still funny.
@liviaphoenix : it's humour... like a joke, you know.
Posted 10 months ago. ( permalink )

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Samek  Pro User  says:

how come you disabled the embedding? i want to show my friends =[
Posted 10 months ago. ( permalink )

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beth.marta  Pro User  says:

Actually this picture and the warm reception it has received goes to prove how ignorant people are about finance and economics.

Sorry guys, the 'rich folks' have already pocketed the money. The reason this bill is so important (and why it will be passed) is because the economic fallout of ignoring this situation means your parents aren't going to be able to retire anytime soon, or with any comfort (seeing as how the stock market reacted). It means its going to be much harder for you to find a job as companies can no longer borrow at affordable rates and begin layoffs because they can't afford to recapitalize and invest in fixed assets. It means you won't be able to afford that your first home because interest payments are unbearable. It means that these fat cats will continue to rake in the cash because there is no limit on their paychecks etc. etc. etc.

The bankers took your money and ran already. This bill (if it works) might result in a profit for the government if they pay the right price for these illiquid assets. Which means you probably won't be stuck with this tax burden you're all shitting your pants over. Anyone heard of the lost decade in Japan? I think people underestimate the risks/rewards of this bill and what it means for the average American. You are all ignorant, no wonder your representatives are afraid to vote for the legislation.
Posted 10 months ago. ( permalink )

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deftones_sound says:

beth.marta says:
"Actually this picture and the warm reception it has received goes to prove how ignorant people are about finance and economics.

Sorry guys, the 'rich folks' have already pocketed the money. The reason this bill is so important (and why it will be passed) is because the economic fallout of ignoring this situation means your parents aren't going to be able to retire anytime soon, or with any comfort (seeing as how the stock market reacted). It means its going to be much harder for you to find a job as companies can no longer borrow at affordable rates and begin layoffs because they can't afford to recapitalize and invest in fixed assets. It means you won't be able to afford that your first home because interest payments are unbearable. It means that these fat cats will continue to rake in the cash because there is no limit on their paychecks etc. etc. etc.

The bankers took your money and ran already. This bill (if it works) might result in a profit for the government if they pay the right price for these illiquid assets. Which means you probably won't be stuck with this tax burden you're all shitting your pants over. Anyone heard of the lost decade in Japan? I think people underestimate the risks/rewards of this bill and what it means for the average American. You are all ignorant, no wonder your representatives are afraid to vote for the legislation. "

Alright, I personally just signed up so I can reply to this ignorant post above me. You said, "This bill (if it works) might result in a profit for the government if they pay the right price for these illiquid assets." meaning you don't even know if this will work in the end.

That's where everyone has a problem with this bill. You're going to put future generations on a tax-burden that could be worse for the economic recession we have right now. Our country could still go bankrupt like Argentina back in 2001 and will have almost a TRILLION dollars in debt to add to it.

The problem is the Federal Reserve, it has no oversight what-so-ever. That's the real enemy, they worked with Congress to pass those cancerous sub-prime mortgages into the markets and slashing rates, so everyone could have "Affordable" housing which is not achievable when people can't afford the god-damn loans!

Everyone needs to wake-up and vote against all incumbents who vote for this bailout bill. It's complete and utter crap while sticking it to everyone. Rich to poor. The Federal Government is taxing us without representation. Complete crap, do your research, this bill passes and 10 to 15 years from now we will be in the next true Great Depression. Guaranteed. Take the hit now and payoff the debt.
Posted 10 months ago. ( permalink )

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staticgirl  Pro User  says:

Pffftttt! Hahahahaha! :D
Posted 10 months ago. ( permalink )

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beth.marta  Pro User  says:

"Alright, I personally just signed up so I can reply to this ignorant post above me. You said, "This bill (if it works) might result in a profit for the government if they pay the right price for these illiquid assets." meaning you don't even know if this will work in the end."

Thanks for reiterating my point? Yes, I was implying there is a chance it won't work. But the alternative is far worse. This isn't just America's problem, this is a global issue, with ramifications far more serious than anything we've seen since the Great Depression.

"Our country could still go bankrupt like Argentina back in 2001 and will have almost a TRILLION dollars in debt to add to it."

huh? You mean when Argentina stopped pegging their currency? After the crash on Tuesday foreign investors were actually fleeing TO the American dollar, it gained against all foreign currencies. Its still the most trusted currency. The US won't default on its debt because they'll print more money if they need to, thats the beauty of a fiat currency (although inflation is a whole other issue). And a TRILLION dollars of debt? No, it won't even be close to that. The government would be buying these assets at a steep discount and making a liquid market for them, and in a few years they'll resell them to investors.

"The problem is the Federal Reserve, it has no oversight what-so-ever. That's the real enemy, they worked with Congress to pass those cancerous sub-prime mortgages into the markets and slashing rates, so everyone could have "Affordable" housing which is not achievable when people can't afford the god-damn loans!"

I agree. The federal reserve needs more oversight but so does the entire financial system in general. This bill is one more step in that direction. The derivatives market is about to implode and people are manipulating prices across the board by spreading vicious rumors after short-selling stocks, benefiting from other's misfortunes. The free market ideology took a huge hit, we can't afford to ride this one out in the hopes that the invisible hand will shove us toward prosperity ten years down the line. But I hate taxes as much as the you do, don't blame this bill though, blame Bush's 'fiscal conservatism' which has left America swimming in foreign debt after an unnecessary war.

Anyway deftones, the point I was trying to make is that most people have never read a newspaper (including the majority of people on this board) and don't know anything about this issue. They don't understand the merit of this bill. Although I disagree with you about the issue, in your defense, at least you have sound reasoning for not supporting it.
Posted 10 months ago. ( permalink )

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youaremorons says:

Incredibly mis-informed and moronic photo/commentary. Clearly none of you have an understanding of the situation.
Posted 10 months ago. ( permalink )

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_MichaelK_  Pro User  says:

youaremorons Clearly, you are an asshole.

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Seen on my Flickr home page. (?)
Posted 10 months ago. ( permalink )

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dart5150  Pro User  says:

Priceless....lol.

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Seen in the interestingness archives. (?)
Posted 10 months ago. ( permalink )

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KazeChan says:

hahahahahahahah!.....Tip!...hahaha.......
Posted 10 months ago. ( permalink )

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danperry.com  Pro User  says:

Oh man, that's good stuff!
Posted 10 months ago. ( permalink )

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beth.marta  Pro User  says:

www.ft.com/cms/s/0/0fa9d526-8eec-11dd-946c-00 00779fd18c.html

Deftones, this ones for you buddy. Take your pick, the Financial Times, The NY times, or the Wall Street Journal, they all agree with me and I sure as hell trust them on economic issues more than I trust you.
Posted 10 months ago. ( permalink )

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Lisandro Moises Enrique  Pro User  says:

Fantastic!!! jajaja great!!!! its true!!!! american people: dont support it!
Posted 10 months ago. ( permalink )

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rcvernors  Pro User  says:

Oh yeah! I'll toss my paycheck in there.

NOT!
Posted 10 months ago. ( permalink )

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gossamerpromise  Pro User  says:

Clearly, I still think it's a great shot!!!
Posted 10 months ago. ( permalink )

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`Mark&Manna  Pro User  says:

It seems to me that this bill merely delays the inevitable. Some will try to have you believe that this crisis is because of a "sub-prime mortgage" scandal. Seven hundred billion in defaulted mortgages? BULLSHIT! The mortgage thing is just a speck of the whole picture.
Where do you think the seven hundred billion is gonna come from? I'll tell you. We're gonna print up this cash,and the result will be further debasing of the money we each have, the further decline of the dollar on the international market, and run-away inflation,too. And this is just a few of the repercussions that we will suffer.
Indeed,this will become a global crisis, but the American taxpayer will be footing the bill.
On the other side of the coin,if this bill is not passed, the effects of this crisis will be felt almost immediately. This is a "no win" situation. Before it gets better,it's gonna get very bad. Folks are gonna suffer.
If you hold your money,it's value will decline. If you spend it,do it wisely. If you have debt, pay it as quickly as you can.
Hang on,folks. This has potential to get really tough.
I saw this photo here:
www.flickr.com/groups/thenextgroup/discuss/72 157607640806...
Posted 10 months ago. ( permalink )

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Benj Haisch  Pro User  says:

digg took over, but I just saw this on explore too. super funny
Posted 10 months ago. ( permalink )

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lemonjenny  Pro User  says:

Oh my gosh. This is hilarious!
Posted 10 months ago. ( permalink )

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[ Fox ]  Pro User  says:

thats so funny i love it XD
Posted 10 months ago. ( permalink )

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thedreamyone says:

hmmm....
Posted 10 months ago. ( permalink )

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pankaj parihar says:

funny :)
Posted 10 months ago. ( permalink )

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blanco sucio says:

thanks to everyone who laughed at this. tips from serving coffee help pay my rent. you get tips when you suspend the craziness of real life for a second with something like idle banter or a joke. bartenders do it all the time. it's why people go to bars, it's why people take a break and get a cup of coffee. it's a person to person thing. does anyone really think this was critical discourse on the current economic situation? good lord, i hope not. for those who posted to call it out as ignorant, maybe you should take a break and get a cup of coffee or something. your fretting about it is not going to fix it. it's way out of your hands. who's running your life anyway, you or someone who took the money and ran? exercise your basic freedom. that we think we need to be preoccupied with these decisions is terrorism. note them? yes. be informed? for sure. let them f**k up my day? nah, i work too hard.
Posted 10 months ago. ( permalink )

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a.swisher says:

hahaha nice one. i would have definitely tipped.
Posted 9 months ago. ( permalink )

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uglybitch25 says:

LOL
Posted 9 months ago. ( permalink )

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albizzert says:

lmao!!!
Posted 9 months ago. ( permalink )

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The Indomitable Spirit says:

Hilarious!
Posted 6 months ago. ( permalink )

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