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Cure for GAS: RECESSION!!!

Dr. Cheese

Dr. Cheese

Supporting Member
Mar 3, 2004
57,327
120,661
Metro St. Louis
#1
I posted earlier about getting another Fender since they are 0% financing ( year same as cash) at GC, but with the markets crashing and unemployment increasing, I am getting afraid to add even a modest amount of un-needed debt despite the fact I have a very secure government job.

I know this a bit off topic, but it revolves around buying basses. BTW, if I do get something, it will be either a Fender P5 or an American Deluxe Jazz V.:)
 
#4
it's responsible decisions like that that are hurting our economy!!! :rolleyes:

i laud your choice, sir. more Americans need to learn that the unlimited credit style of life is both foolish and unsustainable. it's a part of a larger problem with our economic system, in my view.

i had also intended on saving up all my dispensable income this month but a recent unfortunate incidence of theft left me bass-less, effects-deprived and very unhappy...so i had to spend money...right?
 
#5
Since when did not having any money stop your desire for stuff? This country was founded on the G.A.S. theory- 'The Pursuit of Happiness'. Did you think they were talking about inner peace? Ain't no profit in that.
 
#8
emblymouse said:
Since when did not having any money stop your desire for stuff? This country was founded on the G.A.S. theory- 'The Pursuit of Happiness'. Did you think they were talking about inner peace? Ain't no profit in that.
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yeah 'the pursuit of happiness' was just a rewording of 'the right to property' in the social contract of john locke i think. thomas jefferson loved flowery language: i've long considered him a major factor in how open to interpretation our constitution is.

funny how that is a founding principle of our country.
 
#9
Dr. Cheese said:
I posted earlier about getting another Fender since they are 0% financing ( year same as cash) at GC, but with the markets crashing and unemployment increasing, I am getting afraid to add even a modest amount of un-needed debt despite the fact I have a very secure government job.

I know this a bit off topic, but it revolves around buying basses. BTW, if I do get something, it will be either a Fender P5 or an American Deluxe Jazz V.:)
Click to expand...

Why do you think I scrapped my plans to upgrade this:

100_0511.gif


and sold it instead? I had planned to put $500+ worth of preamp and pickup mods, but couldn't justify it, so I'm back into a Peavey Millennium Plus 5:

Mill52-1.gif


I regretted selling my other Mill 5 anyway.

I think our country is going to be fine once we've worked through the stupid choices that have been made, but it's going to be tight for a while.
 
#10
I recently took most of my money i had laying around and paid off my credit cards. I sold off most of my equipment to pay off much my car debt as well. I was going to get a markbass set-up (102P and MKII) but decided to throw that money towards debt as well. I figure If these banks and lenders need money It would be helpful to give them what I owe them. I assume this is helpful to the economy? Since the economic situation is so complicated I personnally do not know who to trust or how to feel, except uneasy.
 
#11
I would advise to set up a fund for it, and not buy it until you have the cash. That way, if something comes up, you are not in debt, and instead have a little pot of money to help you through it.

If you manage to get the money up for the bass, you can then get it an be debt free.
 
#13
gm jack said:
I would advise to set up a fund for it, and not buy it until you have the cash. That way, if something comes up, you are not in debt, and instead have a little pot of money to help you through it.

If you manage to get the money up for the bass, you can then get it an be debt free.
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I now that is the practical thing to do, and I am leaning that way. I just know that in absolute terms, I can easily afford to do what I propose. It won't be like the kids will go hungry or I will miss a mortgage payment!:eek:
 
#15
paganjack said:
yeah 'the pursuit of happiness' was just a rewording of 'the right to property' in the social contract of john locke i think. thomas jefferson loved flowery language: i've long considered him a major factor in how open to interpretation our constitution is.

funny how that is a founding principle of our country.
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Ah, but John Locke was OK with his GAS.

Here's Wikipedia on Locke:

John Locke said:
According to Locke, unused property is waste and an offense against nature. However, with the introduction of “durable” goods, men could exchange their excessive perishable goods for goods that would last longer and thus not offend the natural law. The introduction of money marks the culmination of this process. Money makes possible the unlimited accumulation of property without causing waste through spoilage. He also includes gold or silver as money because they may be “hoarded up without injury to anyone,” since they do not spoil or decay in the hands of the possessor. The introduction of money eliminates the limits of accumulation.
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Therefore, get with the dudes that inspired Tommy Jefferson and go buy stuff!
 
#20
Mikeyd74 said:
Nope, not yet.
My morbid curiosity hasn't peaked yet.
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I know things look bad right now, but our economy will come back. I might be wrong but I believe the stock market will go back up and retirement accounts will improve. I think now is a good time for smart investing - there's money to be made.

I do feel really bad for people wanting to retire in the next few years, though, since their retirement accounts have definitely taken a huge hit.
 

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