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CoronitaParticipantMass media always had only 1 goal. Capture as many eyeballs as it can so that it can sell more advertisements. This hasn't changed, just it's tactics.
Exciting headlines, grab eyeballs. That's why demented twisted, shocking stories are always page 1.
Similarly, most "financial" magazines are nothing more than a mechanism for generating ads. I don't think fortune, money, forbes are really "financial" magazines. It's paid advertisement. Very rare are any of their "predictions" accurate, but they do a great job of reporting yesterday's financial new, our yesterday's trend with the appearance of being "current" headlines.
CoronitaParticipantMass media always had only 1 goal. Capture as many eyeballs as it can so that it can sell more advertisements. This hasn't changed, just it's tactics.
Exciting headlines, grab eyeballs. That's why demented twisted, shocking stories are always page 1.
Similarly, most "financial" magazines are nothing more than a mechanism for generating ads. I don't think fortune, money, forbes are really "financial" magazines. It's paid advertisement. Very rare are any of their "predictions" accurate, but they do a great job of reporting yesterday's financial new, our yesterday's trend with the appearance of being "current" headlines.
CoronitaParticipantMass media always had only 1 goal. Capture as many eyeballs as it can so that it can sell more advertisements. This hasn't changed, just it's tactics.
Exciting headlines, grab eyeballs. That's why demented twisted, shocking stories are always page 1.
Similarly, most "financial" magazines are nothing more than a mechanism for generating ads. I don't think fortune, money, forbes are really "financial" magazines. It's paid advertisement. Very rare are any of their "predictions" accurate, but they do a great job of reporting yesterday's financial new, our yesterday's trend with the appearance of being "current" headlines.
CoronitaParticipantDon't worry about me, I only play with what I budget for vegas and lately i am sitting on the sidelines for both stocks and vegas because as the old saying goes "If I bought stock in a funeral home, nobody would die." FLU, so did you end up with the C class or the E class? Consider it a cheap lesson in life if it only bumped you between classes of mercedes rather than between steak and hot dogs or meth and rent, everyone has to pay for their real education somehow and it sounds like yours wasn't all that bad in the grand scheme of things, happy camper or not you still had a tent to camp in.
Mercedes? No way. To me, most of those makes are old fart lines. The only ones that are interesting are the AMG versions, but those are way way overpriced.
One other automaker makes a performance line with an "S" line and an awesome AWD system that extremely helpful for weekend trips to Tahoe in the winter when I was still in the bay area. Of course, down here it's pretty useless because it doesn't snow. Anyway, that car was awesome with a bi-turbo. And I really regret that fiasco, because since then, the maker canned the bi-turbo for a normally aspirated v-8, which imho makes the car so ho-hum in terms of tunibility. Also, that generation of the vehicle didn't look so bling, it pretty much had a low key "sleeper" look. Anyway, I ended up just getting a 4 banger turbo AWD from the same maker, which I guess in hindsight gets better gas mileage that a v-6 bi-turbo. Still, I miss the bi-turbo.
CoronitaParticipantDon't worry about me, I only play with what I budget for vegas and lately i am sitting on the sidelines for both stocks and vegas because as the old saying goes "If I bought stock in a funeral home, nobody would die." FLU, so did you end up with the C class or the E class? Consider it a cheap lesson in life if it only bumped you between classes of mercedes rather than between steak and hot dogs or meth and rent, everyone has to pay for their real education somehow and it sounds like yours wasn't all that bad in the grand scheme of things, happy camper or not you still had a tent to camp in.
Mercedes? No way. To me, most of those makes are old fart lines. The only ones that are interesting are the AMG versions, but those are way way overpriced.
One other automaker makes a performance line with an "S" line and an awesome AWD system that extremely helpful for weekend trips to Tahoe in the winter when I was still in the bay area. Of course, down here it's pretty useless because it doesn't snow. Anyway, that car was awesome with a bi-turbo. And I really regret that fiasco, because since then, the maker canned the bi-turbo for a normally aspirated v-8, which imho makes the car so ho-hum in terms of tunibility. Also, that generation of the vehicle didn't look so bling, it pretty much had a low key "sleeper" look. Anyway, I ended up just getting a 4 banger turbo AWD from the same maker, which I guess in hindsight gets better gas mileage that a v-6 bi-turbo. Still, I miss the bi-turbo.
CoronitaParticipantDon't worry about me, I only play with what I budget for vegas and lately i am sitting on the sidelines for both stocks and vegas because as the old saying goes "If I bought stock in a funeral home, nobody would die." FLU, so did you end up with the C class or the E class? Consider it a cheap lesson in life if it only bumped you between classes of mercedes rather than between steak and hot dogs or meth and rent, everyone has to pay for their real education somehow and it sounds like yours wasn't all that bad in the grand scheme of things, happy camper or not you still had a tent to camp in.
Mercedes? No way. To me, most of those makes are old fart lines. The only ones that are interesting are the AMG versions, but those are way way overpriced.
One other automaker makes a performance line with an "S" line and an awesome AWD system that extremely helpful for weekend trips to Tahoe in the winter when I was still in the bay area. Of course, down here it's pretty useless because it doesn't snow. Anyway, that car was awesome with a bi-turbo. And I really regret that fiasco, because since then, the maker canned the bi-turbo for a normally aspirated v-8, which imho makes the car so ho-hum in terms of tunibility. Also, that generation of the vehicle didn't look so bling, it pretty much had a low key "sleeper" look. Anyway, I ended up just getting a 4 banger turbo AWD from the same maker, which I guess in hindsight gets better gas mileage that a v-6 bi-turbo. Still, I miss the bi-turbo.
August 22, 2007 at 11:30 PM in reply to: LA county is considering a bail-out plan for people facing foreclosure #79472
CoronitaParticipantDoesn't surprise me. Government only takes care of the really rich and goes with want the masses "want". Doesn't matter want political party.
Is this concept really hard to grasp?
August 22, 2007 at 11:30 PM in reply to: LA county is considering a bail-out plan for people facing foreclosure #79599
CoronitaParticipantDoesn't surprise me. Government only takes care of the really rich and goes with want the masses "want". Doesn't matter want political party.
Is this concept really hard to grasp?
August 22, 2007 at 11:30 PM in reply to: LA county is considering a bail-out plan for people facing foreclosure #79622
CoronitaParticipantDoesn't surprise me. Government only takes care of the really rich and goes with want the masses "want". Doesn't matter want political party.
Is this concept really hard to grasp?
CoronitaParticipantDeadzone,
My point about "easy money" was really independent on the direction one was betting. I really have to say, you're braver than me. I hope you don't have to deal with maintenance margin calls if CFC pops due to momentum.
The irony of the situation though. A bunch of Countrywide Bank account holders were paranoid about their bank going under, and transfered their assets to BofA. And what does BofA do? Take their savings they just deposited and invests it back into Countrywide. LOL!
CoronitaParticipantDeadzone,
My point about "easy money" was really independent on the direction one was betting. I really have to say, you're braver than me. I hope you don't have to deal with maintenance margin calls if CFC pops due to momentum.
The irony of the situation though. A bunch of Countrywide Bank account holders were paranoid about their bank going under, and transfered their assets to BofA. And what does BofA do? Take their savings they just deposited and invests it back into Countrywide. LOL!
CoronitaParticipantDeadzone,
My point about "easy money" was really independent on the direction one was betting. I really have to say, you're braver than me. I hope you don't have to deal with maintenance margin calls if CFC pops due to momentum.
The irony of the situation though. A bunch of Countrywide Bank account holders were paranoid about their bank going under, and transfered their assets to BofA. And what does BofA do? Take their savings they just deposited and invests it back into Countrywide. LOL!
CoronitaParticipantI really hope folks here betting the farm against 1 stock really have the stomach to digest things IF CFC really does get bailed out. I mean, a lot of you folks have been talking about how you are spending the effort to "save" for when home prices become affordable.
I no longer have any interest in CFC itself (I bought and sold on a $2 spread), as i think there really is too much uncertainty on this one, but I'd really would hate to see it if folks here take on a huge position one way or the other thinking of making "easy money", only to see their savings pissed away if things don't work to the direction you want.
Please don't make the same mistakes that I have back in the dot com days when "saving" meant "gambling" on stock pick or short. Example.
I originally wanted to buy a car that cost $30k. Instead of buying the car, I decided, why not hold of 1 month and put the $30k into the market, so I could by the "S" version of the car? Result: Stocks went up and then came down. Was not a happy camper.
CoronitaParticipantI really hope folks here betting the farm against 1 stock really have the stomach to digest things IF CFC really does get bailed out. I mean, a lot of you folks have been talking about how you are spending the effort to "save" for when home prices become affordable.
I no longer have any interest in CFC itself (I bought and sold on a $2 spread), as i think there really is too much uncertainty on this one, but I'd really would hate to see it if folks here take on a huge position one way or the other thinking of making "easy money", only to see their savings pissed away if things don't work to the direction you want.
Please don't make the same mistakes that I have back in the dot com days when "saving" meant "gambling" on stock pick or short. Example.
I originally wanted to buy a car that cost $30k. Instead of buying the car, I decided, why not hold of 1 month and put the $30k into the market, so I could by the "S" version of the car? Result: Stocks went up and then came down. Was not a happy camper.
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