[Omega Point]

I have pondered this as well. I generally believe that recessions will happen less frequently and will be less severe. However I don’t believe it is due to the Fed and other CBs injecting money. I think it’s because the U.S. economy is much more diversified today than 20…30…50…100 years ago. It is less likely that a slump in one industry will bring down the whole economy like it would have in the past. What’s more, globalization has added to the economic diversity.

Still, I believe we haven’t seen the worst of the impact on the economy from the housing slump. I’m hoping prices in San Diego drop 50%. This is likely to bring a recession but no where near as painful as the ones in the 70s or early 80s.

[Omega Point]

I have pondered this as well. I generally believe that recessions will happen less frequently and will be less severe. However I don’t believe it is due to the Fed and other CBs injecting money. I think it’s because the U.S. economy is much more diversified today than 20…30…50…100 years ago. It is less likely that a slump in one industry will bring down the whole economy like it would have in the past. What’s more, globalization has added to the economic diversity.

Still, I believe we haven’t seen the worst of the impact on the economy from the housing slump. I’m hoping prices in San Diego drop 50%. This is likely to bring a recession but no where near as painful as the ones in the 70s or early 80s.

[Omega Point]

I have a money market at The Reserve. Anyone know how safe this is?

[Omega Point]

I have a money market at The Reserve. Anyone know how safe this is?

[Omega Point]

I have a money market at The Reserve. Anyone know how safe this is?

[Omega Point]

“Why can’t we just have a comprehensive public transit system?”

Because it would be inconvenient, no one would ride it, it would lose money, and just be a big waste of tax payers’ money.

[Omega Point]

“Why can’t we just have a comprehensive public transit system?”

Because it would be inconvenient, no one would ride it, it would lose money, and just be a big waste of tax payers’ money.

[Omega Point]

Thanks for the tips. I’ll be sure to use them.

[Omega Point]

Thanks for the tips. I’ll be sure to use them.

[Omega Point]

Well, hopefully by 2010 nearly everyone will think real estate is a bad investment so that there will be ample opportunities for those with cash-in-hand.

[Omega Point]

Well, hopefully by 2010 nearly everyone will think real estate is a bad investment so that there will be ample opportunities for those with cash-in-hand.

[Omega Point]

Ok, how about this? What size home do you think $600K will buy in 2010 in that same area? Thanks. Perhaps I’m a tad too optimistic about home prices taking a deep plunge.

[Omega Point]

Ok, how about this? What size home do you think $600K will buy in 2010 in that same area? Thanks. Perhaps I’m a tad too optimistic about home prices taking a deep plunge.

[Omega Point]

I think I can end your debate pretty easily on whether or not Islam is an inherently violent religion and whether or not Christianity is an inherently peaceful religion.

Just look at the lives of the founders of these religions. Jesus harmed no one and preached to love your neighbor. Mohammed on the other hand, was extremely brutal. He regularly raided caravans, ordered assinations of his foes, married a 9 yr old girl, had a harem of slave women, raised an army and conquered Arabia, and if you ever wonder why the Islamist like to chop off heads, well ol’ Mo was famous for that as well. In fact, he had all the men of an entire Jewish tribe put to death. Swell guy huh? If he were alive today, he would be in the same rank as an Idi Amin and Sadaam Hussein.

Now, this doesn’t mean the followers of Christ have done no evil but the foundations of Christianity and Islam are at opposite extremes. So in fact, it’s pretty easy to see which of these religions is inherently peaceful and which is inherently violent.

[Omega Point]

I think I can end your debate pretty easily on whether or not Islam is an inherently violent religion and whether or not Christianity is an inherently peaceful religion.

Just look at the lives of the founders of these religions. Jesus harmed no one and preached to love your neighbor. Mohammed on the other hand, was extremely brutal. He regularly raided caravans, ordered assinations of his foes, married a 9 yr old girl, had a harem of slave women, raised an army and conquered Arabia, and if you ever wonder why the Islamist like to chop off heads, well ol’ Mo was famous for that as well. In fact, he had all the men of an entire Jewish tribe put to death. Swell guy huh? If he were alive today, he would be in the same rank as an Idi Amin and Sadaam Hussein.

Now, this doesn’t mean the followers of Christ have done no evil but the foundations of Christianity and Islam are at opposite extremes. So in fact, it’s pretty easy to see which of these religions is inherently peaceful and which is inherently violent.

[Author]

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