[NeetaT]

I have no debt and I am sitting on cash, so how will I benefit?

[NeetaT]

I have no debt and I am sitting on cash, so how will I benefit?

[NeetaT]

Wintergreen Fund

[NeetaT]

Wintergreen Fund

[NeetaT]

ibjames,

When will we see these tighter lending standards?

[NeetaT]

Well that’s just fantastic news. So lets all get rich by shorting the market. I know that there are many creative investment vehicles that allow one to short any market be it directly or indirectly. Don’t any of you understand that markets are meant to be unpredictable so that none of us will quit our jobs and get rich off investing alone?

[NeetaT]

I really don’t care about outsourcing, but I do know that the people hired through outsourcing do tend to work harder than your conventional US citizen. I should know, because my wife is a legal resident from India who outperforms all her co-workers.

I just want to know what these idiots did or are doing with the property tax revenue that doubled if not tripled in the last few years. Some people are paying as much as $1,000.00 a month in property tax for what? Let me guess; a library for thugs who don’t want to work to go to and sit at a computer and watch MTV, a police force that does nothing to the person who stole your car, schools that harbor drug pushers and miscreants, parks riddled with graffiti, highway and bridge tolls, pot holes, higher gas prices than the rest of the country, overpriced smog certificates, a state lottery that has done nothing to improve schools, etc…….

“One argument is that selling Montgomery would help the City through its financial crisis. Early this year, the San Diego Institute for Policy Research, a think tank run by former mayoral candidate Steven Francis, asked 503 randomly selected San Diegans how they would prefer to deal with the crisis: would they sell off assets or raise taxes? A full 61.8 percent said selling assets such as Montgomery would be their first (37.7 percent) or second (24.1 percent) choice. Only 12 percent opposed this stratagem, although many financial experts warn that selling off juicy assets to skate past a crisis is self-destructive in the long run. Raising taxes was the first or second choice of only 44.7 percent of those polled.”

[NeetaT]

“I also concur with cashman”

I concur with Alex_angel. The simple fact is that if you give a US citizen a dollar, he or she will spend two dollars, thus driving up prices on everything imaginable. I know people in general have a lot of money. If they can’t buy it via cash, they will buy it via credit until they die. We are all hurt by cheap credit. If it were up to me, the prime interest rate would be 20%. Like Alex_angel said, until a million dollar home becomes $300,000.00 like it should be, don’t bother me with your petty discounts. Do I hope your predictions come true? Of course I do. I hope for massive deflation in all aspects, but that never seems to be the case. The Fed will always flood the market with cash to prop up prices, especially home prices. Local and state governments can then collect more in property tax so that they can skim off the top. The question is what are they doing with all that excess property tax? The only answer I can come up with is that it is being skimmed.

[NeetaT]

I just want to know what these idiots did or are doing with the property tax revenue that doubled if not tripled in the last few years. Some people are paying as much as $1,000.00 a month in property tax for what? Let me guess; a library for thugs who don’t want to work to go to and sit at a computer and watch MTV, a police force that does nothing to the person who stole your car, schools that harbor drug pushers and miscreants, parks riddled with graffiti, highway and bridge tolls, pot holes, higher gas prices than the rest of the country, overpriced smog certificates, a state lottery that has done nothing to improve schools, etc…….

“One argument is that selling Montgomery would help the City through its financial crisis. Early this year, the San Diego Institute for Policy Research, a think tank run by former mayoral candidate Steven Francis, asked 503 randomly selected San Diegans how they would prefer to deal with the crisis: would they sell off assets or raise taxes? A full 61.8 percent said selling assets such as Montgomery would be their first (37.7 percent) or second (24.1 percent) choice. Only 12 percent opposed this stratagem, although many financial experts warn that selling off juicy assets to skate past a crisis is self-destructive in the long run. Raising taxes was the first or second choice of only 44.7 percent of those polled.”

[NeetaT]

I concur with Alex_angel. The simple fact is that if you give a US citizen a dollar, he or she will spend two dollars, thus driving up prices on everything imaginable. I know people in general have a lot of money. If they can’t buy it via cash, they will buy it via credit until they die. We are all hurt by cheap credit. If it were up to me, the prime interest rate would be 20%. Like Alex_angel said, until a million dollar home becomes $300,000.00 like it should be, don’t bother me with your petty discounts. Do I hope your predictions come true? Of course I do. I hope for massive deflation in all aspects, but that never seems to be the case. The Fed will always flood the market with cash to prop up prices, especially home prices. Local and state governments can then collect more in property tax so that they can skim off the top. The question is what are they doing with all that excess property tax? The only answer I can come up with is that it is being skimmed.

[NeetaT]

The article further corroborates the fact that property tax is the worm in the apple of home ownership.

[NeetaT]

Maybe they’re female. That would explain the no cost.

[NeetaT]

Oh, by the way, I have the same question as was stated by Masayako.

Mr. Whitney,

All the stuff you have said…. I already know that for years…. The important question is:

Given that situation, where to invest?

Masayako

[NeetaT]

I have known about what was asserted in the above write-up for many years, but have yet to see a negative effect caused by it. All I see is everyone except for people like me who hoard cash make money hand over fist. Who cares if the Stock Market is rigged if you are making money? When will we see these negative effects, a 100yrs from now when we are all dead?

[NeetaT]

September 2009

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