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DWCAP
ParticipantDuck,
Actually I agree with you. I dont think the Gov is gonna let this one get away. If they think people vote with their checkbooks, just wait till the middle class starts loosing houses in mass numbers.
I actually posted this thinking there would be more of a response. PIMCO may be right, but stories like this tend to get people talking and even small changes in perception can move markets.
I really think the FED is gonna squash rates until housing heals, the question is, what kinda price do we pay 3-5 or maybe even 10 years from now? Inflation builds, returns are worse, rates are raised, and housing is hurting again. A return to the 6.5% rates we were paying 1 year ago would be a knife in the heart, so how are we ever gonna get outa this mess? Remember inflation only really counts if it is wage inflation, and we havnt been seein too much of that lately.DWCAP
ParticipantDuck,
Actually I agree with you. I dont think the Gov is gonna let this one get away. If they think people vote with their checkbooks, just wait till the middle class starts loosing houses in mass numbers.
I actually posted this thinking there would be more of a response. PIMCO may be right, but stories like this tend to get people talking and even small changes in perception can move markets.
I really think the FED is gonna squash rates until housing heals, the question is, what kinda price do we pay 3-5 or maybe even 10 years from now? Inflation builds, returns are worse, rates are raised, and housing is hurting again. A return to the 6.5% rates we were paying 1 year ago would be a knife in the heart, so how are we ever gonna get outa this mess? Remember inflation only really counts if it is wage inflation, and we havnt been seein too much of that lately.DWCAP
ParticipantDuck,
Actually I agree with you. I dont think the Gov is gonna let this one get away. If they think people vote with their checkbooks, just wait till the middle class starts loosing houses in mass numbers.
I actually posted this thinking there would be more of a response. PIMCO may be right, but stories like this tend to get people talking and even small changes in perception can move markets.
I really think the FED is gonna squash rates until housing heals, the question is, what kinda price do we pay 3-5 or maybe even 10 years from now? Inflation builds, returns are worse, rates are raised, and housing is hurting again. A return to the 6.5% rates we were paying 1 year ago would be a knife in the heart, so how are we ever gonna get outa this mess? Remember inflation only really counts if it is wage inflation, and we havnt been seein too much of that lately.DWCAP
ParticipantDuck,
Actually I agree with you. I dont think the Gov is gonna let this one get away. If they think people vote with their checkbooks, just wait till the middle class starts loosing houses in mass numbers.
I actually posted this thinking there would be more of a response. PIMCO may be right, but stories like this tend to get people talking and even small changes in perception can move markets.
I really think the FED is gonna squash rates until housing heals, the question is, what kinda price do we pay 3-5 or maybe even 10 years from now? Inflation builds, returns are worse, rates are raised, and housing is hurting again. A return to the 6.5% rates we were paying 1 year ago would be a knife in the heart, so how are we ever gonna get outa this mess? Remember inflation only really counts if it is wage inflation, and we havnt been seein too much of that lately.February 6, 2008 at 3:46 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #148884DWCAP
ParticipantWow, a discussion online that doesnt involve mud flinging and discusses race and politics!
My 2 cents…
Clinton:
1)Racism is everywhere, but only villified if it is someone who is white disagreeing with someone who isnt. Otherwise it is just cultural differences.
2)Women have been dreaming about a female prez alot longer than most blacks have about a black prez. They are also more likey to vote. Remember sexism is men keeping women down, not the generalization of a person based on gender. (quietly alot of women will admit that their backing a women because she is women is problematic, but they dont care.)
3) annxiety is high. We remember fondly the 1990’s, when the world didnt hate us and everyone was getting ahead or had a plan to. We want the comfort and security we had back when Clinton was in the White House, and now we can vote for a Clinton again to bring back the good times. Who wants change when the past was so good?Obama
1)ALOT of the votes for Obama are comeing from the young, under 30 groups. The young have no skin in the game, but little chance to get into the games in the first place. Wages are stagnant, housing unaffordable, jobs are plentiful, but career tracks are longer, with ever longer educations and resumes needed to quialify. Education is more expensive and the best schools harder to get into. Specialization is required earlier and earlier. Some change is a good thing, because they dont have much to loose.
2) Obama brings hope. People who are lead by their emotions (not necessary a bad thing) are insipired by him. He brings a vision of a better tomorrow, instead of a return to a positive past. The details can come later, it is the promise that really matters.
3) either way you go, it is nearly impossible to confuse either with Bush. Change is desired from Bush, and Obama offers MORE change than Clinton.Why are Asians and hispanics voting the way they are? That is too broad a question. Look to age, economic outlook and gender, with the qualification (see Clinton 1 as an example) of these cultures and you can get an answer that makes alot more sense.
February 6, 2008 at 3:46 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149136DWCAP
ParticipantWow, a discussion online that doesnt involve mud flinging and discusses race and politics!
My 2 cents…
Clinton:
1)Racism is everywhere, but only villified if it is someone who is white disagreeing with someone who isnt. Otherwise it is just cultural differences.
2)Women have been dreaming about a female prez alot longer than most blacks have about a black prez. They are also more likey to vote. Remember sexism is men keeping women down, not the generalization of a person based on gender. (quietly alot of women will admit that their backing a women because she is women is problematic, but they dont care.)
3) annxiety is high. We remember fondly the 1990’s, when the world didnt hate us and everyone was getting ahead or had a plan to. We want the comfort and security we had back when Clinton was in the White House, and now we can vote for a Clinton again to bring back the good times. Who wants change when the past was so good?Obama
1)ALOT of the votes for Obama are comeing from the young, under 30 groups. The young have no skin in the game, but little chance to get into the games in the first place. Wages are stagnant, housing unaffordable, jobs are plentiful, but career tracks are longer, with ever longer educations and resumes needed to quialify. Education is more expensive and the best schools harder to get into. Specialization is required earlier and earlier. Some change is a good thing, because they dont have much to loose.
2) Obama brings hope. People who are lead by their emotions (not necessary a bad thing) are insipired by him. He brings a vision of a better tomorrow, instead of a return to a positive past. The details can come later, it is the promise that really matters.
3) either way you go, it is nearly impossible to confuse either with Bush. Change is desired from Bush, and Obama offers MORE change than Clinton.Why are Asians and hispanics voting the way they are? That is too broad a question. Look to age, economic outlook and gender, with the qualification (see Clinton 1 as an example) of these cultures and you can get an answer that makes alot more sense.
February 6, 2008 at 3:46 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149152DWCAP
ParticipantWow, a discussion online that doesnt involve mud flinging and discusses race and politics!
My 2 cents…
Clinton:
1)Racism is everywhere, but only villified if it is someone who is white disagreeing with someone who isnt. Otherwise it is just cultural differences.
2)Women have been dreaming about a female prez alot longer than most blacks have about a black prez. They are also more likey to vote. Remember sexism is men keeping women down, not the generalization of a person based on gender. (quietly alot of women will admit that their backing a women because she is women is problematic, but they dont care.)
3) annxiety is high. We remember fondly the 1990’s, when the world didnt hate us and everyone was getting ahead or had a plan to. We want the comfort and security we had back when Clinton was in the White House, and now we can vote for a Clinton again to bring back the good times. Who wants change when the past was so good?Obama
1)ALOT of the votes for Obama are comeing from the young, under 30 groups. The young have no skin in the game, but little chance to get into the games in the first place. Wages are stagnant, housing unaffordable, jobs are plentiful, but career tracks are longer, with ever longer educations and resumes needed to quialify. Education is more expensive and the best schools harder to get into. Specialization is required earlier and earlier. Some change is a good thing, because they dont have much to loose.
2) Obama brings hope. People who are lead by their emotions (not necessary a bad thing) are insipired by him. He brings a vision of a better tomorrow, instead of a return to a positive past. The details can come later, it is the promise that really matters.
3) either way you go, it is nearly impossible to confuse either with Bush. Change is desired from Bush, and Obama offers MORE change than Clinton.Why are Asians and hispanics voting the way they are? That is too broad a question. Look to age, economic outlook and gender, with the qualification (see Clinton 1 as an example) of these cultures and you can get an answer that makes alot more sense.
February 6, 2008 at 3:46 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149169DWCAP
ParticipantWow, a discussion online that doesnt involve mud flinging and discusses race and politics!
My 2 cents…
Clinton:
1)Racism is everywhere, but only villified if it is someone who is white disagreeing with someone who isnt. Otherwise it is just cultural differences.
2)Women have been dreaming about a female prez alot longer than most blacks have about a black prez. They are also more likey to vote. Remember sexism is men keeping women down, not the generalization of a person based on gender. (quietly alot of women will admit that their backing a women because she is women is problematic, but they dont care.)
3) annxiety is high. We remember fondly the 1990’s, when the world didnt hate us and everyone was getting ahead or had a plan to. We want the comfort and security we had back when Clinton was in the White House, and now we can vote for a Clinton again to bring back the good times. Who wants change when the past was so good?Obama
1)ALOT of the votes for Obama are comeing from the young, under 30 groups. The young have no skin in the game, but little chance to get into the games in the first place. Wages are stagnant, housing unaffordable, jobs are plentiful, but career tracks are longer, with ever longer educations and resumes needed to quialify. Education is more expensive and the best schools harder to get into. Specialization is required earlier and earlier. Some change is a good thing, because they dont have much to loose.
2) Obama brings hope. People who are lead by their emotions (not necessary a bad thing) are insipired by him. He brings a vision of a better tomorrow, instead of a return to a positive past. The details can come later, it is the promise that really matters.
3) either way you go, it is nearly impossible to confuse either with Bush. Change is desired from Bush, and Obama offers MORE change than Clinton.Why are Asians and hispanics voting the way they are? That is too broad a question. Look to age, economic outlook and gender, with the qualification (see Clinton 1 as an example) of these cultures and you can get an answer that makes alot more sense.
February 6, 2008 at 3:46 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149239DWCAP
ParticipantWow, a discussion online that doesnt involve mud flinging and discusses race and politics!
My 2 cents…
Clinton:
1)Racism is everywhere, but only villified if it is someone who is white disagreeing with someone who isnt. Otherwise it is just cultural differences.
2)Women have been dreaming about a female prez alot longer than most blacks have about a black prez. They are also more likey to vote. Remember sexism is men keeping women down, not the generalization of a person based on gender. (quietly alot of women will admit that their backing a women because she is women is problematic, but they dont care.)
3) annxiety is high. We remember fondly the 1990’s, when the world didnt hate us and everyone was getting ahead or had a plan to. We want the comfort and security we had back when Clinton was in the White House, and now we can vote for a Clinton again to bring back the good times. Who wants change when the past was so good?Obama
1)ALOT of the votes for Obama are comeing from the young, under 30 groups. The young have no skin in the game, but little chance to get into the games in the first place. Wages are stagnant, housing unaffordable, jobs are plentiful, but career tracks are longer, with ever longer educations and resumes needed to quialify. Education is more expensive and the best schools harder to get into. Specialization is required earlier and earlier. Some change is a good thing, because they dont have much to loose.
2) Obama brings hope. People who are lead by their emotions (not necessary a bad thing) are insipired by him. He brings a vision of a better tomorrow, instead of a return to a positive past. The details can come later, it is the promise that really matters.
3) either way you go, it is nearly impossible to confuse either with Bush. Change is desired from Bush, and Obama offers MORE change than Clinton.Why are Asians and hispanics voting the way they are? That is too broad a question. Look to age, economic outlook and gender, with the qualification (see Clinton 1 as an example) of these cultures and you can get an answer that makes alot more sense.
DWCAP
ParticipantFearful,
No I know core inflation. I understand that. Basically I am asking why they made the change. Look at some point someone had to be sitting at their desk, or bored sitting in traffic, or sitting where ever they get their thinking done best and that person had to think, “hey, we can track inflation better than we have been.” So they put on their thinking caps, make some changes and present it to whomever makes the decision to make the change to the new system. (stupid short hand for how changes are made i know, but you get the idea).
Ok, in the meeting when they present this new idea, they had to give a REASON or two for the change. What I want to know is what are the reasons cited to make the change in the way we calculate inflation. Everyone on this board always grips about how inflation is understated and all that. But their has to be some benifits of this other than hiding unwanted inflation. What are those benifits?DWCAP
ParticipantFearful,
No I know core inflation. I understand that. Basically I am asking why they made the change. Look at some point someone had to be sitting at their desk, or bored sitting in traffic, or sitting where ever they get their thinking done best and that person had to think, “hey, we can track inflation better than we have been.” So they put on their thinking caps, make some changes and present it to whomever makes the decision to make the change to the new system. (stupid short hand for how changes are made i know, but you get the idea).
Ok, in the meeting when they present this new idea, they had to give a REASON or two for the change. What I want to know is what are the reasons cited to make the change in the way we calculate inflation. Everyone on this board always grips about how inflation is understated and all that. But their has to be some benifits of this other than hiding unwanted inflation. What are those benifits?DWCAP
ParticipantFearful,
No I know core inflation. I understand that. Basically I am asking why they made the change. Look at some point someone had to be sitting at their desk, or bored sitting in traffic, or sitting where ever they get their thinking done best and that person had to think, “hey, we can track inflation better than we have been.” So they put on their thinking caps, make some changes and present it to whomever makes the decision to make the change to the new system. (stupid short hand for how changes are made i know, but you get the idea).
Ok, in the meeting when they present this new idea, they had to give a REASON or two for the change. What I want to know is what are the reasons cited to make the change in the way we calculate inflation. Everyone on this board always grips about how inflation is understated and all that. But their has to be some benifits of this other than hiding unwanted inflation. What are those benifits?DWCAP
ParticipantFearful,
No I know core inflation. I understand that. Basically I am asking why they made the change. Look at some point someone had to be sitting at their desk, or bored sitting in traffic, or sitting where ever they get their thinking done best and that person had to think, “hey, we can track inflation better than we have been.” So they put on their thinking caps, make some changes and present it to whomever makes the decision to make the change to the new system. (stupid short hand for how changes are made i know, but you get the idea).
Ok, in the meeting when they present this new idea, they had to give a REASON or two for the change. What I want to know is what are the reasons cited to make the change in the way we calculate inflation. Everyone on this board always grips about how inflation is understated and all that. But their has to be some benifits of this other than hiding unwanted inflation. What are those benifits?DWCAP
ParticipantFearful,
No I know core inflation. I understand that. Basically I am asking why they made the change. Look at some point someone had to be sitting at their desk, or bored sitting in traffic, or sitting where ever they get their thinking done best and that person had to think, “hey, we can track inflation better than we have been.” So they put on their thinking caps, make some changes and present it to whomever makes the decision to make the change to the new system. (stupid short hand for how changes are made i know, but you get the idea).
Ok, in the meeting when they present this new idea, they had to give a REASON or two for the change. What I want to know is what are the reasons cited to make the change in the way we calculate inflation. Everyone on this board always grips about how inflation is understated and all that. But their has to be some benifits of this other than hiding unwanted inflation. What are those benifits? -
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