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alstry (35.02)

You Better Change Your Plans.....

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April 14, 2010 – Comments (3)

They had it all planned out.

Jennifer Beese would give up her $65,000-a-year job as a sales rep and borrow money to go to graduate school. Her dream: to become a teacher.

Her fiance, John Cidoni, would support them on his income as a Lumberton police officer and save money by moving into Beese's home in Bordentown City.

The couple would marry in June and have their first child next year.

Now New Jersey's fiscal crisis has thrown their plan off course, as it has for thousands of public and private workers across the region.

Cidoni, 32, was laid off from his police job of seven years at the beginning of the month, along with five other employees, when Lumberton faced a budget deficit.

Beese, 30, is one month away from receiving her teaching certification from Georgian Court University but is concerned about finding a job at a time when many other school districts in the state are considering teacher layoffs.

"There's nothing more important than safety and security and education," Cidoni said. "I think those are the pillars of society . . . and I just think it's a sad state of affairs when those are the people being hit."

http://www.philly.com/philly/news/local/90723389.html

Hey...but at least J.P. Morgan is making profits siphoning money from our retirement accounts and Federal workers are getting raises!!!!!!

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=376827&t=01002130057764754273

Many companies have stayed in business over the past year by liquidating inventory....now there is not much decent inventory left for many and little access to credit......

Our retirement/investment accounts have been stuffed with a massive amount of debt....

And more and more are losing jobs as the nation shuts down from Zombulation....

Can you believe it...Wall Street and Washington borrowed and spent OVER 25% of GDP last year and we barely have any growth to show for it.....maybe if they borrowed 50% of GDP, we could have a decent year ahead of us.....but it probably would be our last as our savings would most definitely run dry or else currency might be worthless.

3 Comments – Post Your Own

#1) On April 14, 2010 at 9:27 AM, alstry (35.02) wrote:

MAYBE THIS IS THE SOLUTION????


Collective reinvention
Kibbutzim, Israel's historic social experiment in egalitarianism, have become homes to successful industrial and technology.....

SINCE IT IS ALL A FRAUD ANYWAY.....DO WE REALLY OWN ANYTHING AT THE END OF THE DAY????

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#2) On April 14, 2010 at 10:16 AM, miteycasey (30.31) wrote:

Who would borrow $60k for a $30k job???

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#3) On April 14, 2010 at 10:41 AM, lemoneater (79.26) wrote:

@ #4 miteycasey-my thoughts exactly! Surely there was a less foolish way for her to pursue her dream to be a teacher. I would have kept the 60K job, saved aggressively, gotten my pre-req finished at an inexpensive junior college. Also why would anyone purposely try to start a family at the same time as starting a degree?

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