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bsrsharma
ParticipantReal Rich folks pay cash; Debt is for sissies!
The good doctor should learn the new mantra.
Many years ago, I saw (in another country) this plaque on the wall of a store and admired – “In God We Trust, Rest Pay Cash”.
ParticipantFinancially Yes, Militarily No. This crisis will make US stronger as a nation, promote thrift, reduce debt, cut down waste, will bring back dignity to real labor. Economic crises are good for character building. Both for individuals and nations.
ParticipantFinancially Yes, Militarily No. This crisis will make US stronger as a nation, promote thrift, reduce debt, cut down waste, will bring back dignity to real labor. Economic crises are good for character building. Both for individuals and nations.
ParticipantFinancially Yes, Militarily No. This crisis will make US stronger as a nation, promote thrift, reduce debt, cut down waste, will bring back dignity to real labor. Economic crises are good for character building. Both for individuals and nations.
ParticipantHow low should it go
$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.
ParticipantHow low should it go
$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.
ParticipantHow low should it go
$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.
August 17, 2007 at 6:20 PM in reply to: A logical, coherent Jim Cramer video… (I can’t believe I typed that) #77291ParticipantFed has to find the financing for Congress's deficit spending.
These two are unrelated. FED can create money. Congress can only borrow (or tax) money. There is very good reason why they should be separate. It is the U.S. Treasury (Bureau of Public Debt) that issues Treasuries (Bond, bills & notes). FED has nothing to do with it. FED issues money – your Dollar says "Federal Reserve Note"
August 17, 2007 at 6:20 PM in reply to: A logical, coherent Jim Cramer video… (I can’t believe I typed that) #77412ParticipantFed has to find the financing for Congress's deficit spending.
These two are unrelated. FED can create money. Congress can only borrow (or tax) money. There is very good reason why they should be separate. It is the U.S. Treasury (Bureau of Public Debt) that issues Treasuries (Bond, bills & notes). FED has nothing to do with it. FED issues money – your Dollar says "Federal Reserve Note"
August 17, 2007 at 6:20 PM in reply to: A logical, coherent Jim Cramer video… (I can’t believe I typed that) #77438ParticipantFed has to find the financing for Congress's deficit spending.
These two are unrelated. FED can create money. Congress can only borrow (or tax) money. There is very good reason why they should be separate. It is the U.S. Treasury (Bureau of Public Debt) that issues Treasuries (Bond, bills & notes). FED has nothing to do with it. FED issues money – your Dollar says "Federal Reserve Note"
August 17, 2007 at 6:11 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77285Participantboeing. and lawyers
There are problems in Boeing too, only less visible. They have lost a huge market share to Airbus. To win markets, they are spreading their new model production all over the globe. Only the final assembly is done @ Boeing facility. We went last year to their Everett factory. Nothing really impressive other than huge assembly hall. Never got to see any huge metal bending type of work. It was mostly welding and painting, electrical harness placement, seats and storage, toilet placement etc., Glorified manufactured home building!
Now lawyers, that this country has more than anyplace in the universe!
August 17, 2007 at 6:11 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77406Participantboeing. and lawyers
There are problems in Boeing too, only less visible. They have lost a huge market share to Airbus. To win markets, they are spreading their new model production all over the globe. Only the final assembly is done @ Boeing facility. We went last year to their Everett factory. Nothing really impressive other than huge assembly hall. Never got to see any huge metal bending type of work. It was mostly welding and painting, electrical harness placement, seats and storage, toilet placement etc., Glorified manufactured home building!
Now lawyers, that this country has more than anyplace in the universe!
August 17, 2007 at 6:11 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77432Participantboeing. and lawyers
There are problems in Boeing too, only less visible. They have lost a huge market share to Airbus. To win markets, they are spreading their new model production all over the globe. Only the final assembly is done @ Boeing facility. We went last year to their Everett factory. Nothing really impressive other than huge assembly hall. Never got to see any huge metal bending type of work. It was mostly welding and painting, electrical harness placement, seats and storage, toilet placement etc., Glorified manufactured home building!
Now lawyers, that this country has more than anyplace in the universe!
August 17, 2007 at 3:41 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77204ParticipantEVERY MODEL from EVERY OTHER MANUFACTURER is made in China.
Interesting! Tennis started as a game for European aristocrats. Similar to Levi – Strauss blue jeans all made outside US.
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