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re: What are the OT's thoughts on the oil industry prayer going around on FB?

Posted on 1/27/16 at 8:55 pm to
Posted by danilo
Member since Nov 2008
26332 posts
Posted on 1/27/16 at 8:55 pm to
Nobody seemed to give an eff about me when I was working in the mortgage industry in 2008
This post was edited on 1/27/16 at 8:55 pm
Posted by yellowfin
Coastal Bar
Member since May 2006
99039 posts
Posted on 1/27/16 at 8:57 pm to
quote:


Nobody seemed to give an eff about me when I was working in the mortgage industry in 2008




Well that's a little different considering your industry caused the crash with unethical practices
Posted by Lake Vegas Tiger
Lake Vegas
Member since Jun 2014
3299 posts
Posted on 1/27/16 at 9:04 pm to
Cheap gas no care
Posted by stout
Porte du Lafitte
Member since Sep 2006
184596 posts
Posted on 1/27/16 at 9:08 pm to
quote:

Well that's a little different considering your industry caused the crash with unethical practices



Nah. It was more of a Clinton loosening regulations and Wall Street getting greedy issue. Not the mortgage brokers. Did they underwrite some shady loans? Of course but they were just doing what was within their options laid out to them by banks and within HUD, FHA, etc approved guidelines.
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
77713 posts
Posted on 1/27/16 at 9:14 pm to
quote:

Did they underwrite some shady loans? Of course but they were just doing what was within their options laid out to them by banks and within HUD, FHA, etc approved guidelines.


In other words they took on some higher risk options for great returns...legal, but certainly risky and likely unethical.
Posted by yellowfin
Coastal Bar
Member since May 2006
99039 posts
Posted on 1/27/16 at 9:19 pm to
Just because the government says it's ok doesn't make it ethical. They took a chance and got burned....it happens


I don't need a govt regulation to tell me loaning money to my unemployed cousin with two ex wives and 3 bastard kids would be a risky decision
Posted by stout
Porte du Lafitte
Member since Sep 2006
184596 posts
Posted on 1/27/16 at 9:24 pm to
Just pointing out that you laying blame solely on mortgage brokers is misguided. There's plenty of people and circumstances to blame much the same as the current crisis in the oil industry.
Posted by yellowfin
Coastal Bar
Member since May 2006
99039 posts
Posted on 1/27/16 at 9:27 pm to
They were just on the front lines of it all

Industry full of people like 480, real healthy
Posted by stout
Porte du Lafitte
Member since Sep 2006
184596 posts
Posted on 1/27/16 at 9:28 pm to
quote:

Industry full of people like 480, real healthy





You likening all mortgage brokers to 480 is the same as the OT likening all oil workers to truck nut baws but I get your point.
Posted by Mr. Hangover
New Orleans
Member since Sep 2003
34932 posts
Posted on 1/27/16 at 9:35 pm to
I get that everyone is happy that gas prices are so low, I am too.. However, the fact that people find humor in other people losing their jobs is sickening... I was laid off and for about three to four months things were very dark for me and my family... Luckily i do have a few skills that allowed me to make ends meet while I searched for a new job, but that's about it... Times are rough man, the situation I went through has put my (financial) life back about 3-4 years. My fiancé and I were just approved for a new house the week before I was let go.. I went through damn near all of my savings during this period and even though I've landed a great new job, I'm still struggling to get back on my feet...

Call me oilfield trash, I don't care... I'm not.. I was fortunate enough to work side by side with some of the hardest working, most generous people for 6 years and while most of you OTers will laugh at this, a brotherhood was formed.. I still talk to 'my guys' weekly to check on them because most of us were either laid off, retired, transferred, or just straight up fired... No pension plan, no severance pay, just a swift kick to the dick and a 'see ya later'...


So while most of you find humor in this, whether you're genuine or not in your snickering, just know that this situation has affected many people, and not all of us are 'oilfield trash'



ETA: Yellowfin, this wasn't directed towards you
This post was edited on 1/27/16 at 9:37 pm
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 1/27/16 at 9:37 pm to
Screw those greedy assholes. Where was the prayer when gas prices were killing the economy?
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
118611 posts
Posted on 1/27/16 at 9:38 pm to
There is no humor in suffering. Hope you get back right very soon.
Posted by Rex
Here, there, and nowhere
Member since Sep 2004
66001 posts
Posted on 1/27/16 at 9:41 pm to
There are a lot of assholes on this site.

It's sad when anybody loses his/her job through no fault of their own, oilfield or otherwise.
Posted by dkreller
Laffy
Member since Jan 2009
34300 posts
Posted on 1/27/16 at 9:42 pm to
Amen

Couldn't have said it better.

Sorry for the tough times man.
Posted by dkreller
Laffy
Member since Jan 2009
34300 posts
Posted on 1/27/16 at 9:43 pm to
quote:

Where was the prayer when gas prices were killing the economy?


lolwut?
Posted by texag7
College Station
Member since Apr 2014
41647 posts
Posted on 1/27/16 at 9:45 pm to
Don't care.

They should have saved their yeti and Polaris ranger money in order to go to college.
Posted by DrSteveBrule
Baton Rouge
Member since Sep 2009
12548 posts
Posted on 1/27/16 at 10:27 pm to
quote:

I get that everyone is happy that gas prices are so low, I am too


Almost 100% of that on this board is in jest. Middle class folks generally don't give 2 shits how much gas costs unless it would get into the $4.00 range. For the average OT'er, they wouldn't even notice.
Posted by Mr. Hangover
New Orleans
Member since Sep 2003
34932 posts
Posted on 1/27/16 at 10:57 pm to
Thanks all of y'all..


Forgot to mention that I do, however, still find those Facebook things annoying as hell, but I'm not too much of a social media type of guy so take that FWIW
Posted by WalkingTurtles
Alexandria
Member since Jan 2013
5913 posts
Posted on 1/27/16 at 11:05 pm to
Was there a prayer for when people were struggling to fill up their tanks to get to work, breaking the bank to fill up? Nah so why should it be the reverse. I've been part of an industry in downturn, it happens, and I guarantee when gas goes back up, no one is going to feel sorry again for the consumer....
Posted by JuiceTerry
Roond the Scheme
Member since Apr 2013
40868 posts
Posted on 1/27/16 at 11:08 pm to
Allawahu Ahkbar! Please bless the oilbaws, Allah!
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