Quote:
Originally Posted by FWB
i look at other manufacturers, and they are at 1\3 of their workforce of last year.
i have cut my expenses and workforce to absolute minimum. i don't pay rent. other companies have high rent and or notes on their real estate. the commercial real estate market has yet to follow in the residential markets demise, oh its coming, everywhere there are buildings for rent\lease. when the principles of these properties don't get tenants they will be upside-down in their mortgages and then the big uh-oh will begin. the "can't we all just get along crowd" will be right next you in the soup line.
Roscoe has the right idea just buy ammo, it will be your neighbor that you will have to protect yourself from because the politicians will be no where to be found. you may say that's just stupid talk. i hope it ends up as stupid. but i don't think so.
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Actually that is already happening in this area as a big amount of the commercial buildings here are now deserted and empty. And they are threatening to foreclose and auction off a huge new one that was built just a couple of years ago across from the Redding city hall because it never had more than two tenants and the main one went out of business abut 6 months ago. They don't even have money to finish tearing down the old mall they had to have in the downtown area and those stores are like a ghost town and have been for the last couple of years. The bit two level parking area they built is half shut down because the concrete from the upper level is falling off and onto vehicles parked on the lower level. Also the foreclosure rate for May was the highest yet if the local reports can be believed and as much as they lie about weather to attract tourists I would bet they are higher than reported.
Ron
