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Retirement plans trashed as superannuation returns dive
By Emma Thelwell,22 January 2009 The financial crisis has blown a massive hole in Australia's superannuation savings, with funds losing a fifth of their value in 2008. Almost 20 percent was wiped off the value of the average superannuation fund last year, with 2009 expected to bring further losses as the economic turmoil deepens, according to SuperRatings. read MOre |
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Unemployment rate climbs as economic downturn bites
Thursday Jan 15, 2009 Nearly 45,000 Australians lost their jobs last month, according to official labour force figures, prompting further fears that the local economy may slip into a recession this year.
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'No cussing' teen faces net hate campaign
07:00 AEST Sun Jan 18 2009
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Depression the great excuse of our times
February 28, 2008 10:29am AUTHOR Anthony Burgess once wrote that incidents of evil could not always be explained by a shortage of social workers.
These days he might argue that not all criminal and obnoxious behaviour is a result of depression.
But increasingly that's what teachers, parents and judges are being told.
Depression has become the great excuse of our times and what is a genuine condition has been corrupted into a nifty carry-all excuse.
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Depression drugs 'do not work
February 27, 2008 12:00am
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Miscarrying woman told 'life's a bitch'
18:25 AEST Fri Jan 16 2009 A Sydney woman told by a doctor "life's a bitch" as she miscarried her baby in a NSW hospital is traumatised, her husband says.
The woman is the latest to reveal her harrowing story of poor treatment while miscarrying in the state's public hospitals.
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Man sells daughter for cash, beer, meat
07:14 AEST Wed Jan 14 2009
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Every day is a struggle, and every breath a fight for survival. These people have a deep understanding of the word Depression.
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The Great Depression of the 1930s is on peoples' minds these days.
If you have family members who lived through it, you may hear their stories at the dinner table this Thanksgiving.
It was a period of protests and hunger marches — and unionism spread like wildfire — but many people suffered quietly, ashamed of their poverty. No matter what their situation.
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Depression made him stronger person
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Depression changed those in the generation that survived it
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Annabel Servat (Annabel) wrote:
This is a retold story from my father. My parents married a few months before the depression hit Louisiana full-force. But the remarkable thing about this story is that I see no way it could happen in this day and age with big corporations as they behave now. My father was an employee of Shell Oil Refinery in Norco, Louisiana, where the entire work force was called in for a meeting. Management (local,I assume) announced that there had to be a change, but it could work one of two ways. Half the work force could be laid off with those remaining keeping their full salary, or everyone could stay on working halftime at half salary. But the men involved were to vote and management would do what they elected. In typical Cajun country fashion,they voted to work halftime and keep everyone employed. I have always thought that a remarkable story, but even more so in view of our own economic times. Just like my parents, I will also plant a larger garden, make more of what my family needs, and, as I was taught, "wear it out, use it up, fix it, and make-do." We have a good model of how to help our families survive hard-times. |
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david kloppman (bigpaperdaddy) wrote:
I hate to say it ,but some of these folks are just to young being born in 32 or 33 just is too young. They are retelling story's they heard. It doesn't mean there less real. When I hear NPR talking first person it should be first person. My mother and father Grand Crossing Chicagoans and well into their 80's they remember |
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Tim McFarland (TimMcFarland) wrote:
Thanks for making the story of the Great Depression personal. Listening to George Will, you'd think FDR had done nothing to make things better, despite how much was spent on the New Deal. The fact is, the New Deal kept a lot of people from starving, kept things from getting even worse, and built road, bridges, and many other things across the country. I had Thanksgiving with my 83-year-old mother and her 86-year-old sister. No, they don't remember FDR getting elected the first time, and getting ready to take office (the way Obama is now), but they were poor, and everyone they knew was poor, so they really didn't know how bad off they were. And the values they and their late husbands developed from that experience were lost on the "people in charge" the last 25 years. Thus, we made a mess that our grandchildren will have to clean up. |
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Cat's Paw (izza_Southpaw) wrote:
My dad lived in Anacostia, across the Patomic from D.C. He worked for my Grandfather, a carpenter, building "Speak easies", (a secret false end to a walk in closet that could serve as a bar. Dad led me, when I was a child up a staircase under the rotundra. We came to a locked door, and an armed guard appeared suddenly behind us (I must have been about 8 so 1960?) "What!" asked the guard, "Do you think you are doing?" Cool as a cucumber, dad replied, "I'm going to show my little boy where I used to play on the roof." "No sir" said the guard, rather kindly, too. "It's been a long time since there has been any access to the roof." Dad used to shine shoes for the Congressmen and Senators. He saw the Bonus-Marchers burned off the Mall (Tooday no one even knows what a Bonus-Marcher was) For years my dad has been warning me, (and anyone who would listen) that the policies set up by F.D.R have been under attack by the right. Our government has been picking away at Social Secruity, Bank Regulation, Graduated Income Tax, Unions, our Manufacturing base, and anything Keynesian. Now the chickens are coming home to roost. Now is not the time for everyone to freak out because the government spends money to stabalize the economy. Now is exactly the time for government spending. We better not let the car compaines go down just now; too many jobs are at steak. I hope people like the good Senator Shelby, who is salivating to see the demise of unions, and car companies, will wake up and smell the coffee. |
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Tori Garza (Toribia) wrote:
I think it is important to remember all of the aspects of these times, the good and the bad. For me it is a reminder that no matter how bad it gets we cansurvive, we can find a way. Some of these stories are not so different than ones I hear now. My mother came to the US in the 50s and her story is not so different than Mr Martinez. My other grandmother grew up in the Depression, but even as they emerged from it her family remained poor. Perhaps if we listen to the stories and retell them, we will find hope. |
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injury management responsibilities
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what
you must do if there is an injury at work
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Learn more about current WorkCover initiatives
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"This site(a nonprofit site), an idea conceived and developed from personal experiences by tragic loss of" |
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In Memory of Amanda 1962-2000 |
In Memory of Stuart 1974-2008 |
Hartono Tan, Founder Depressaway |
Julie McDonald, Support/Donator Depressaway |