[michael]

I personally don’t see why police and fire people get paid what they do. Dangerous work? Sure. So is working at 7-11. The way I see it, everyone makes decisions. Cops and firemen make a decision to be public servants. If they wanted to make money, they could have chosen a different career. Lets admit it, they ain’t the sharpest tools in the shed (as a group).

A cop or fireman dies, big funeral, family taken care of to some extent by tax payers. Military service man or woman dies, not much attention, family left to themselves.

I have friends that are firemen and cops. Some even admit that they are overpaid. Perhaps the Vallejo example will help shed light on the “abuses” of unions and incompetent public officials.

[michael]

I personally don’t see why police and fire people get paid what they do. Dangerous work? Sure. So is working at 7-11. The way I see it, everyone makes decisions. Cops and firemen make a decision to be public servants. If they wanted to make money, they could have chosen a different career. Lets admit it, they ain’t the sharpest tools in the shed (as a group).

A cop or fireman dies, big funeral, family taken care of to some extent by tax payers. Military service man or woman dies, not much attention, family left to themselves.

I have friends that are firemen and cops. Some even admit that they are overpaid. Perhaps the Vallejo example will help shed light on the “abuses” of unions and incompetent public officials.

[michael]

I personally don’t see why police and fire people get paid what they do. Dangerous work? Sure. So is working at 7-11. The way I see it, everyone makes decisions. Cops and firemen make a decision to be public servants. If they wanted to make money, they could have chosen a different career. Lets admit it, they ain’t the sharpest tools in the shed (as a group).

A cop or fireman dies, big funeral, family taken care of to some extent by tax payers. Military service man or woman dies, not much attention, family left to themselves.

I have friends that are firemen and cops. Some even admit that they are overpaid. Perhaps the Vallejo example will help shed light on the “abuses” of unions and incompetent public officials.

[michael]

I personally don’t see why police and fire people get paid what they do. Dangerous work? Sure. So is working at 7-11. The way I see it, everyone makes decisions. Cops and firemen make a decision to be public servants. If they wanted to make money, they could have chosen a different career. Lets admit it, they ain’t the sharpest tools in the shed (as a group).

A cop or fireman dies, big funeral, family taken care of to some extent by tax payers. Military service man or woman dies, not much attention, family left to themselves.

I have friends that are firemen and cops. Some even admit that they are overpaid. Perhaps the Vallejo example will help shed light on the “abuses” of unions and incompetent public officials.

[michael]

I personally don’t see why police and fire people get paid what they do. Dangerous work? Sure. So is working at 7-11. The way I see it, everyone makes decisions. Cops and firemen make a decision to be public servants. If they wanted to make money, they could have chosen a different career. Lets admit it, they ain’t the sharpest tools in the shed (as a group).

A cop or fireman dies, big funeral, family taken care of to some extent by tax payers. Military service man or woman dies, not much attention, family left to themselves.

I have friends that are firemen and cops. Some even admit that they are overpaid. Perhaps the Vallejo example will help shed light on the “abuses” of unions and incompetent public officials.

[michael]

The reason long term rates sometimes move in opposite direction of the short term fed funds rate is inflation expectations. When the fed lowers short term rates, demand (in theory) should increase, and thus avoiding (in theory) a recession (and weakening the dollar). However, increase in demand is inflationary (in theory). The longer dated bond market anticipates the future inflation and begins selling longer dated bonds thus increasing yields.

Some are calling the entire yield curve a bubble and when real inflation (CPI or GDP deflator or your own… man everything is expensive) kicks in you’ll see the selling in mass and interest rates shooting through the roof.

Also, when it comes to mortgage rates, their is a spread over the treasury rates that also varies according to current perceived credit risk, etc.

There are many takes including those from the deflation camp and it is very difficult to try to predict interest rates.

[michael]

The reason long term rates sometimes move in opposite direction of the short term fed funds rate is inflation expectations. When the fed lowers short term rates, demand (in theory) should increase, and thus avoiding (in theory) a recession (and weakening the dollar). However, increase in demand is inflationary (in theory). The longer dated bond market anticipates the future inflation and begins selling longer dated bonds thus increasing yields.

Some are calling the entire yield curve a bubble and when real inflation (CPI or GDP deflator or your own… man everything is expensive) kicks in you’ll see the selling in mass and interest rates shooting through the roof.

Also, when it comes to mortgage rates, their is a spread over the treasury rates that also varies according to current perceived credit risk, etc.

There are many takes including those from the deflation camp and it is very difficult to try to predict interest rates.

[michael]

The reason long term rates sometimes move in opposite direction of the short term fed funds rate is inflation expectations. When the fed lowers short term rates, demand (in theory) should increase, and thus avoiding (in theory) a recession (and weakening the dollar). However, increase in demand is inflationary (in theory). The longer dated bond market anticipates the future inflation and begins selling longer dated bonds thus increasing yields.

Some are calling the entire yield curve a bubble and when real inflation (CPI or GDP deflator or your own… man everything is expensive) kicks in you’ll see the selling in mass and interest rates shooting through the roof.

Also, when it comes to mortgage rates, their is a spread over the treasury rates that also varies according to current perceived credit risk, etc.

There are many takes including those from the deflation camp and it is very difficult to try to predict interest rates.

[michael]

The reason long term rates sometimes move in opposite direction of the short term fed funds rate is inflation expectations. When the fed lowers short term rates, demand (in theory) should increase, and thus avoiding (in theory) a recession (and weakening the dollar). However, increase in demand is inflationary (in theory). The longer dated bond market anticipates the future inflation and begins selling longer dated bonds thus increasing yields.

Some are calling the entire yield curve a bubble and when real inflation (CPI or GDP deflator or your own… man everything is expensive) kicks in you’ll see the selling in mass and interest rates shooting through the roof.

Also, when it comes to mortgage rates, their is a spread over the treasury rates that also varies according to current perceived credit risk, etc.

There are many takes including those from the deflation camp and it is very difficult to try to predict interest rates.

[michael]

The reason long term rates sometimes move in opposite direction of the short term fed funds rate is inflation expectations. When the fed lowers short term rates, demand (in theory) should increase, and thus avoiding (in theory) a recession (and weakening the dollar). However, increase in demand is inflationary (in theory). The longer dated bond market anticipates the future inflation and begins selling longer dated bonds thus increasing yields.

Some are calling the entire yield curve a bubble and when real inflation (CPI or GDP deflator or your own… man everything is expensive) kicks in you’ll see the selling in mass and interest rates shooting through the roof.

Also, when it comes to mortgage rates, their is a spread over the treasury rates that also varies according to current perceived credit risk, etc.

There are many takes including those from the deflation camp and it is very difficult to try to predict interest rates.

[michael]

Disclaimer on bottom of home page…

“This company and site informs its users about foreclosure law designed to help them safely cope with their own legal needs. However, legal information is not the same as legal advice. The law as it applies to each individual varies with specific circumstances. The laws of each state are constantly changing, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.”

[michael]

Disclaimer on bottom of home page…

“This company and site informs its users about foreclosure law designed to help them safely cope with their own legal needs. However, legal information is not the same as legal advice. The law as it applies to each individual varies with specific circumstances. The laws of each state are constantly changing, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.”

[michael]

Disclaimer on bottom of home page…

“This company and site informs its users about foreclosure law designed to help them safely cope with their own legal needs. However, legal information is not the same as legal advice. The law as it applies to each individual varies with specific circumstances. The laws of each state are constantly changing, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.”

[michael]

Disclaimer on bottom of home page…

“This company and site informs its users about foreclosure law designed to help them safely cope with their own legal needs. However, legal information is not the same as legal advice. The law as it applies to each individual varies with specific circumstances. The laws of each state are constantly changing, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.”

[michael]

Disclaimer on bottom of home page…

“This company and site informs its users about foreclosure law designed to help them safely cope with their own legal needs. However, legal information is not the same as legal advice. The law as it applies to each individual varies with specific circumstances. The laws of each state are constantly changing, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.”

[Author]

Posts