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re: LSU graduate looking for a little advice?
Posted on 8/30/09 at 11:03 pm to LSURussian
Posted on 8/30/09 at 11:03 pm to LSURussian
quote:
he was obviously violating the MH Doctrine (stickied thread)
Eh, probably so. It's good to have standards.
Posted on 8/31/09 at 3:50 am to foshizzle
Foshiz and ruskie, two whiners leaning on a lamp post, arms around each other, crying out to the world to believe them in their rightousness.
'The fed knows all, sees all, can cure all!' Don't you fools believe that cause the fed cannot cure what ails the dollar and the world financial system. The fed, with help and guidance from DC and Wall St, created this economic debacle and they are exactly the wrong people to expect to fix it. The fed is a one trick pony and we have seen the trick and it has not fixed anything, merely pulled a very little demand forward.
The real destruction of credit has barely begun, how can one say QE is a success? That is akin to saying the home team is leading after the first half of the first inning so they won the game.
Here is what we have to look forward to and the fed cannot do a damn thing to stop it, because it was their actions that set our economy on the current path...
'True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression. Omnipotent Government, the wavelike movement effecting the economic system, the recurrence of periods of boom which are followed by periods of depression is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion.' von Mises
'The fed knows all, sees all, can cure all!' Don't you fools believe that cause the fed cannot cure what ails the dollar and the world financial system. The fed, with help and guidance from DC and Wall St, created this economic debacle and they are exactly the wrong people to expect to fix it. The fed is a one trick pony and we have seen the trick and it has not fixed anything, merely pulled a very little demand forward.
The real destruction of credit has barely begun, how can one say QE is a success? That is akin to saying the home team is leading after the first half of the first inning so they won the game.
Here is what we have to look forward to and the fed cannot do a damn thing to stop it, because it was their actions that set our economy on the current path...
'True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression. Omnipotent Government, the wavelike movement effecting the economic system, the recurrence of periods of boom which are followed by periods of depression is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion.' von Mises
Posted on 8/31/09 at 6:21 am to man117
quote:
I don't intend to stay long. If I do, my company will pay for graduate studies at UCLA or USC.
If the work experience is something that will transfer well to other companies, then I'd stick it out and get the free grad degree. Also, if you really apply yourself the job might turn into something better than you think, you really never know. Just speaking from my personal experience.
Posted on 8/31/09 at 9:44 pm to man117
I'm kinda thinkin work experience is important now ... I'm thinking you should plan on staying where you're at for 1 year, bailing out sooner than that is going to look yucky on your resume.
Posted on 9/1/09 at 12:34 am to Fat Man
I'm sure I'm going to stay a year unless I find something much better. After a year my pay will jump to about 58 but I'm concerned about advancement because of the number of engineers ahead of me. Also, I intend to have a family in about 5-6 years and I don't want to be poor. Most guys there live ok given their salaries but don't have kids. I need a lot more than I'll be making now to afford a 300k+ house.
Posted on 9/1/09 at 11:19 am to man117
Don't buy unless you're quite sure you'll be there for 5-7 years.
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