[spdrun]

You can still get 2 bedroom condos in acceptable areas of SD County for $200k or under. Taxes and HOA are relatively low compared to other parts of the country.

[spdrun]

Considering that buying is cheaper than renting most places these days, why is buying property so implausible, unless you’re looking for something in a trophy area where the buy-rent equation is f’ed?

[spdrun]

I wind-sail and love cycling, but I’ve also raced a car down in Englishtown and enjoy a good Yanks game.

My family and I invest in real estate (considered a blue-collar pursuit by some) but I also do technology consulting as my main business. My clients range from carpenters to law firms.

I can fix, MacGuyver, and/or hack together virtually anything mechanical, but I also understand the mathematics which make things work.

I’ve gone on vacation to Bah Harbah and bummed around Eastern Europe, but my family has a farm in rural Virginia, mostly outside the suburban influence of DC.

I voted for the Big O this election. Grudgingly with nose held.

I’m first generation American.

No damn idea. I guess down-to-earth non-average American. I like spending time with smart, creative, interesting, people, but it doesn’t matter to me whether they went to Harvard or barely finished high school.

[spdrun]

Handouts. Military-industrial-parasite spending has increased massively since 2001 without tax increases to support it. Problem is that the handouts are not going to the average American, but being pocketed by defense contractor companies who are sitting on quite a lot of money. And/or being squandered in the Middle East.

If you’re going to run a war, you need to raise taxes to support it, end of story. Dubya, bright boy that he was, didn’t get this idea through his numb skull.

[spdrun]

Meh. It’s basically a return to 1990s tax policies. You know, when this country was actually doing decently and had a balanced budget. Pity we won’t be doing anything about the Pigs in the Pentagon. Eisenhower (a General I may add) was right in his farewell speech.

[spdrun]

Not crying about the fact that the military-industrial parasites will lose $55 billion per year.

[spdrun]

You are smarter that this spdrun 🙂 cmon.

Nope, sorry. Total dumbkopf here.

[spdrun]

How are public health care subsidies and education subsidies different or “worse” than subsidies that even the super rich agree should exist? i.e. police, fire service, rescue, military.

[spdrun]

NYC and NJ. Bright, resourceful, caring for others (look at amount of PRIVATE aid that people in trouble after the storm are getting, much of it organized by Occupy & Co), energetic. The kids really are OK.

[spdrun]

I can’t speak too much to San Diego, but there are plenty of bright, financially literate, small-business-owning (any combo of the three if not all) folks in their 20s and 30s here.

[spdrun]

So some new people will be 5%’ers after it recovers. News at 11. *YAWN*

[spdrun]

@Zeitgeist:
Mickey Dee’s suffering a downturn. zOMG, poor baaaaabies. Maybe people are starting to grok that their “food” isn’t food as much as poison. Or maybe they’re having their lunch eaten by other chains that sell better quality product.

Are all restaurant stocks doing poorly, or just that one? Speaking to NYC, restaurants here are pretty packed and doing well.

@flu – the “welfare” comment was directed to Aecetia’s comment about living off others, not specifically toward market investors 🙂

[spdrun]

Keep in mind that the Dow was at 10,400 13 months ago. Even a 2000 point correction (from 13.6k down to 11.6k) isn’t the end of times. Eventually people will think “hmmm, deals” and start buying.

[spdrun]

Stock market is cyclical. 1999-2000 – dot.com Bubble. 2001-2003 – dot.com and post 9/11 crashes. 2005-2007 – bull market. 2008-2009 crash down. 2011-2012 – bull market. We’re due for some down action, it’s not the end of the world unless you believe in Mayan y2k nonsense.

Personally, I think that neither candidate was the Messiah nor ‘ol Scratch, so the current sell-off is unjustified. But bears always find a reason to roar.

[spdrun]

That’s my point. The honcho at WalMart is sending out what? Tramplings? Upset families on a holiday. Why should that not be reciprocated on them?

[Author]

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