The economy's certainly a bitch right now. I imagine that's not news to a lot of people, and especially those most personally and directly affected by it. I'm thinking of the car dealers, the cleaning services and the retailers who exist on such razor-thin margins they manage to get by in times of plenty through volume. These days, the volume's turned down pretty low, it seems.
The cat diagnally across the street from me just up and walked out on his mortgage. He borrowed against his equity when money was free and immediately bought all myriad of toys: a boat, two new cars, two Jet-Skis and God alone knows what else. I guess that whole adjustable-rate adjusting thing wasn't ever going to happen, to his thinking. One weekend he got a big truck, loaded up all his possessions (or, presumably, those he held dear) and just...left. Now we have a vacant, soon-to-be-auctioned house in the middle of our otherwise lovely neighborhood. My neighbors resent him. I can't help but feel bad for the fucker- that's gotta be a shitty feeling, being driven to that.
I'm a salesman of really unsexy, albeit necessary, enterprise network software. Twice now I've had large deals fall apart because, in one instance, the company itself went poof. It was the largest bank failure in US history, and resulted in ay least 10,000 people wondering how they were going to pay their mortgage, their kids' tuition, their power bill. 10,000 people having to think twice when paying for their daughters' prom dresses. In the second instance there were massive layoffs, including every single person working the project that I was selling into.
I'm tempted to be pissed off about losing the commission out of my pocket, but really- those poor bastards who are now out shopping jobs in this economy, I think they'd be more than willing to trade places with me. It's a shitty situation, and I hope it changes for the better soon.
The cat diagnally across the street from me just up and walked out on his mortgage. He borrowed against his equity when money was free and immediately bought all myriad of toys: a boat, two new cars, two Jet-Skis and God alone knows what else. I guess that whole adjustable-rate adjusting thing wasn't ever going to happen, to his thinking. One weekend he got a big truck, loaded up all his possessions (or, presumably, those he held dear) and just...left. Now we have a vacant, soon-to-be-auctioned house in the middle of our otherwise lovely neighborhood. My neighbors resent him. I can't help but feel bad for the fucker- that's gotta be a shitty feeling, being driven to that.
I'm a salesman of really unsexy, albeit necessary, enterprise network software. Twice now I've had large deals fall apart because, in one instance, the company itself went poof. It was the largest bank failure in US history, and resulted in ay least 10,000 people wondering how they were going to pay their mortgage, their kids' tuition, their power bill. 10,000 people having to think twice when paying for their daughters' prom dresses. In the second instance there were massive layoffs, including every single person working the project that I was selling into.
I'm tempted to be pissed off about losing the commission out of my pocket, but really- those poor bastards who are now out shopping jobs in this economy, I think they'd be more than willing to trade places with me. It's a shitty situation, and I hope it changes for the better soon.
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xoxo