members, click to sign in..

5,851 active users!!Bandwidth
TUESDAY
SEP 16, 2014
Home
NewsSITE
Events & Blogs
New Audio & Video
BroadcastersNew Stuff!
Local Church Finder
Webcast LIVE NOW!
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -49 sec
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
StoresNew Stuff!
Online Bible
Hymnal
Daily Reading
Our Services
Submit Sermon
Members Only

 
RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  9/16/2014
Choice News THURSDAY, NOV 20, 2008  |  12 comments
The New Frugality: Americans return to thriftiness
Fearful that economic conditions could get worse and stay that way, Americans are showing an enthusiasm for thriftiness not seen in decades.

This behavioral shift isn't simply about spending less. The New Frugality emphasizes stretching every dollar. It means bypassing the fashion mall for the discount chain store, buying secondhand clothes and furniture, or trading down to store brands.

There's more business for repairmen and less for salesmen. Consumers are clipping more coupons and swiping their credit cards less. ...


CLICK HERE to Read Entire Article
www.sfgate.com

Response to economic crisis?
|  START  |  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  The Rich Fool • Pastor John MacArthur | 4/23/2010
•  Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006
•  Is My Name Demas • Dr. Bob Jones III | 1/12/2007

   09/07/14  |  Record 92,269,000 Not in Labor Force • 2 comments
   09/03/14  |  Fed: US consumers have decided to 'hoard money'
   07/19/14  |  Gov't Report: Taxes Will Go Up, Especially for the Poor • 6 comments
   07/04/14  |  Record Number of Americans Not in Labor Force in June • 10 comments
   06/26/14  |  Economy in freefall? • 3 comments
MORE RELATED ( ECONOMY ) NEWS | MORE..
   09/14/14  |  Islamic State claims beheading of British hostage: SITE • 5 comments
   09/14/14  |  Scottish independence campaign lead before vote - ICM poll • 21 comments
   09/14/14  |  Atheist Bill Maher Defends Christians as Host Charlie Rose... • 10 comments
   09/12/14  |  6 billion smartphones in use by 2020 • 8 comments
   09/12/14  |  Former First Minister Ian Paisley has died aged 88 • 29 comments
OTHER CHOICE NEWS | MORE..
   06/02/14  |  A Letter to SermonAudio From a Missionary to Haiti • 10 comments
   02/07/14  |  Bringing the Gospel of John to Every Home in Austin, TX • 31 comments
   01/07/14  |  SermonAudio Partners with RFC for the 2014 Family Conference at... • 1 comments
   01/01/14  |  Happy New Year from SermonAudio! • 29 comments
   12/10/13  |  SermonAudio Broadcaster Loses Historic Church Building To Fire • 3 comments
OTHER CHOICE NEWS | MORE..
   09/16/14  |  Does this Flood theory blow Bill Nye‚Äôs attack on creation out of...
   09/16/14  |  Harvest Bible Chapel sorry for church discipline • 1 comments
   09/16/14  |  Mood-Altering Drug in the Water Supply? • 3 comments
   09/16/14  |  ISIS 'Won't Be Afraid To Put A Bomb In Lower Manhattan' • 1 comments
   09/16/14  |  Pastor Gets Jail Time for Noisy Church • 4 comments
OTHER RECENT NEWS | MORE..

COMMENTS | show all | add new  
    Sorting Order:  
· Page 1 ·  Found: 12 user comment(s)
News Item11/22/08 11:16 AM
kenny  Find all comments by kenny
Bob Nardelli ruined Home Depot. I don't understand why anyone thought he would do otherwise with Chrysler. He's a lot like Carly Fiorina with a similar track record.
12

News Item11/22/08 5:09 AM
33k  Find all comments by 33k
kenny wrote:
Everywhere I went this past weekend (mall, restaurants, shops) business was booming. I mean BOOMING. The only place I went where it looked slower than usual was Home Depot.
Perhaps the legacy of the Bob Nardelli affect?

How are Chrysler doing these days ....

11

News Item11/21/08 10:49 AM
Neil | Tucson  Find all comments by Neil
"I actually had a couple of [Home Depot] sales associates offer to help me." - kenny

Now that's truly amazing! Normally, they're as elusive as wild game & must be stalked patiently, which is why I often patronize Ace instead.

10

News Item11/21/08 9:12 AM
Sentinel  Find all comments by Sentinel
Scott McMahan wrote:
I hear it, but I don't see it. This is the most cleverly disguised recession ever when I look around at people shopping, etc.
Well, you are looking at one side, and we are seeing it from another. The people who have been buying for investment are no longer doing so. Contracts are falling through, and caution is bringing business to a screeching halt.

Perhaps, the people shopping at the mall and eating at the restaurants are maxing out their credit cards with no intention of paying, and maybe even filing for bankruptcy. People tend to do such crazy things when they are habitually living on the edge and lack a sense of responsibility for their actions, and want to satisfy immediate cravings. This is also the pattern of those who feel "entitled" to a lifestyle beyond their means.

OTOH, those who plan and save and meet their obligations feel resentment when their investments tumble with the market, while those living recklessly expect a handout from the government.

We are East of Eden and eating the Grapes of Wrath.

9

News Item11/21/08 7:50 AM
Banned | in Boston  Find all comments by Banned
kenny wrote:
I wonder how much of this recession we're supposed to be in is media induced. I also wonder how much the fact that we have elected a Marxist (communist?) president is affecting the stock market's nose dive.
Atlanta, Georgia, I understand is one of the areas that is marked for prosperity, to benefit from the new ports and commerce to be entering from the south, the NAFTA Highway. I wonder if this has anything to do with things the way you describe. Credit has closed its doors pretty much, even for school loans, and businesses are closing their doors. Crime is already increasing. I think after Christmas we'll start to see grocery stores with empty shelves and people starting to go nuts when they realize the government isn't going to help them and that things are not going to get fixed. Obama is hiring the worst thugs and racketeers from the Clinton and Bush administrations. The lowering of oil prices is keeping things from crashing at warp speed, but the Illuminati is going to hike the prices up again soon. They are lowering them in order to bankrupt the Arabs. This economic crash is deliberately caused, and worldwide, the purpose being to bring on the NWO tyranny.
8

News Item11/21/08 12:41 AM
Anti-antichrist | God's land  Find all comments by Anti-antichrist
Money and Power

"Rich or poor, we all face the problem of money. But is money chiefly a personal problem, how we use our own resources? Or a societal problem, how we organize the economy? Jacques Ellul exposes the folly of a purely societal approach-whether communism, collectivism, socialism or capitalism-and argues for individual responsibility. Money, he says, is not neutral, something we can use as we like. Instead it is a powerful agent that sets itself against God's kingdom. Tracing the scriptural attitudes toward wealth from Old Testament sacramentalism through New Testament renunciation, he challenges Christians to live by the law of grace and not by the law of the marketplace."

7

News Item11/20/08 9:57 PM
kenny  Find all comments by kenny
I agree with Scott. My wife & I were in a very expensive restaurant in Atlanta tonight and it was packed (like always). There was a large crowd in the lobby waiting to be seated when we were leaving.

Everywhere I went this past weekend (mall, restaurants, shops) business was booming. I mean BOOMING. The only place I went where it looked slower than usual was Home Depot. I actually had a couple of sales associates offer to help me.

I wonder how much of this recession we're supposed to be in is media induced. I also wonder how much the fact that we have elected a Marxist (communist?) president is affecting the stock market's nose dive.

6

News Item11/20/08 1:28 PM
Sentinel  Find all comments by Sentinel
Mike wrote:
.... Americans need to get out of debt, and save more. Problem is, THE economy, whatever that is, needs us to be perpetually in a state of increasing debt, or it is considered a slow economy. Aren't credit excesses the reason for the financial failings in the first place? But now we hear about the need to free up credit. You can almost hear the plea-"Spend more..spend more..spend more.., THE economy needs you.."
Yeah. .and the problem is that foreign interests hold many of those debts.

"The rich rules over the poor, and the borrower is servant to the lender." Proverbs 22:7

I fear when those creditors demand payment. Americans need to wise up.

5

News Item11/20/08 1:08 PM
Mike | New York  Find all comments by Mike
"Fearful that economic conditions could get worse and stay that way, Americans are showing an enthusiasm for thriftiness not seen in decades.
This behavioral shift isn't simply about spending less. The New Frugality emphasizes stretching every dollar. It means bypassing the fashion mall for the discount chain store, buying secondhand clothes and furniture, or trading down to store brands."

This, what should be considered sensible behavior in the first place, should be considered good news. After all, we have been told numerous times how Americans need to get out of debt, and save more. Problem is, THE economy, whatever that is, needs us to be perpetually in a state of increasing debt, or it is considered a slow economy. Seems to me if I can get out of debt and save more, it would be good for MY economy. Aren't credit excesses the reason for the financial failings in the first place? But now we hear about the need to free up credit. You can almost hear the plea-"Spend more..spend more..spend more.., THE economy needs you.."

4

News Item11/20/08 12:55 PM
Neil | Tucson  Find all comments by Neil
I understand the 4th-quarter Christ-mass shopping season is when retailers make most of their annual income. This may be a good indicator of whether Scott's evidence is more than anecdotal. Also, I've heard that retailers have made good money on consumer credit interest, not just on the spread between retail & wholesale prices. A change in this alone could also spell trouble.

If people are indeed thriftier these days, I do not expect this attitude to survive the recession. Only folks who are frugal on principle (like the ant in Prov. 6:6-8) will not drastically change their spending habits with the times.

3

News Item11/20/08 12:47 PM
DJC49 | Florida  Contact via emailFind all comments by DJC49
Scott McMahan wrote:
I hear it, but I don't see it. This is the most cleverly disguised recession ever when I look around at people shopping, etc.
There's an economic rule of thumb that goes something like this: Main Street follows after Wall Street by about 6 months. IOW, most sectors of the economy will feel the harsh effects of the current recession around March.
We'll see.
2

News Item11/20/08 12:31 PM
Scott McMahan | Internet  Protected NameContact via emailFind all comments by Scott McMahan
I hear it, but I don't see it. This is the most cleverly disguised recession ever when I look around at people shopping, etc.
1
There are a total of 12 user comments displayed | add new comment |Subscribe to these comments
Last PostTotal
Pastor Gets Jail Time for Noisy Church
michael hranek from endicott, new york: " chris frost disagree. this a horrible..."
-30 min 
ISIS 'Won't Be Afraid To Put A Bomb In Lower Manhattan'
jim lincoln from nebraska: "i have really been friendly to (catholic) gop positions..."
-1 hrs 
NATO member Turkey openly aiding ISIS
jim lincoln from nebraska: "tablets :annoyed: http://an..."
-2 hrs 


Peculiar Sleep of the Beloved
Scott T. Brown
You Will Be Made to Stumble

Matthew
Sunday Service
Hope Baptist Church
Play! | MP3 | RSS


Mark B. Lawless
The Lord's Comforting Rod

Sundry Sermons
Battlefield Baptist Church
Play! | MP3

Pastor Alfred J. Chompff
Why Do We Suffer?

Reformed Bible Church of S. CA
Sunday Service
Play! | MP3

Sponsor:
Ready Made Church Websites for $84.95

Get a prof­ess­ional look­ing church webs­ite today. Pers­onal train­ing incl­ud­ed!
www.baptisthost.net/wordpre..

Sponsor:
Chantry,Quinn,Daniel 2014 Conference

Faith Bible Church Oct 10-12 "The Joy of Worsh­ip"
www.sermonaudio.com

Sponsor:
Ichabod

The Cond­it­ion of Amer­ican Chr­ist­ian­ity in the 21st Cent­ury - A. C. Clayman
www.amazon.com/gp/product/1..

Event: 2014 Springfield Bible Conference
Faith Bible Church






                   
My faith has no bed to sleep upon but omnipotency. ... Samuel Rutherford

Las Vegas, NV
  28   DAYS LEFT
Gospel of John
Cities | Local | Personal
MOBILE
iPhone + iPad
Church App
Android
Church App
Kindle + Nook
BlackBerry
Windows Mobile, Nokia
Chromecast TV
ROKU TV
Pebble Smartwatch
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
Site Notices New!
RSS | Twitter | Facebook
SERVICES | ALL
Local Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcasting
Video Support
Live Webcasting
Transcription Service
HIFI Option
Business Cards
SOLO | MINI | Domains
Favorites
QR Codes
24x7 Radio Stream
INTEGRATION
Sermon Browser
HTML Codes
WordPress
Twitter
Facebook
Logos | e-Sword
SOAP API

BATCH
Transfer Agent
Protected Podcasts
Upload via Email
Auto-Upload Sermons
Auto-Blog Import
Picasa | FTP | Dropbox
ABOUT US
SermonAudio.com is the largest library of audio sermons from conservative churches and ministries worldwide. All broadcasters must adhere to the Articles of Faith.

Our Services | Testimonials
Broadcast With Us!
Support Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Copyright © 2014 SermonAudio.com.