For different reasons. Btw, I don't think the country is ready for a President with an Afro-American forum avatar.
haha yeah, he defined Pittsburgh's modern defense. he's the most intimidating player but he's not arrogant. he was definitely our leader and now that we get this new coach he wants to call all the shots and they just kick him off the team, they didn't even give him an offer. him and fred thompson are the heroes of my life. besides Jesus. ps. here comes the comments about how a Christian can be so vulgar as i am.
Considering I don't plan on moving anytime soon, I have nothing to do but wait...in the mean time, I have an excellent credit rating and got a great fixed rate at 6.25%...even if the market doesn't rebound as quick, I can still re-finance and lower my payments, especially since my wife and I pay more than what our monthly mortgage is...btw, do you really know anything about the housing market, how it works, or money in general? because the LOL at the end of all your posts makes it seem that you think the housing market will never recover...do you really think that??
See you could of had a much better rate if you would have joined the military and get yerself a VA loan. No the market will never bounce back to the levels we have seen it at. Some people call it a bubble....they are misinformed, it is more like a rubber band that has lost its elasticity after its last retraction. You should have been more prepared......
markets all go in cycles...people said the same thing about the .com boom in the 90's then the .com crash, and now look at where things are...btw, the markets are looking like this in case you didn't know... compared to a year ago...not so bad...but in your case, its the worst ever, right??? lmfao!!!
Wow.....holy freaking cow it all looks great. Hope you profit like a big dog....LOL Like the good ol pres Bushie once said...."go shoping"..... http://www.europac.net/Schiff-CNBC-9-4-07_lg.asp
I have my own investments, mainly some IRA's and a 403 (b)....I recently sold many of my mutual funds, they weren't doing as well as I wanted them too...
Where the "market" is doesn't matter. What matters is what our dollar buys today. Inflation is simple to grasp in a credit society. The banks create credit from thin air (inflating the money supply) and the Fed prints money on demand (inflating the money supply). If there are 1 trillion dollars in play, a dollar is one trillionth of the wealth. If there are 100 trillion dollars in play, a dollar is worth 100 times less. As the money supply continues to inflate, the dollars we are earning and saving becomes less valuable. The only way we've been able to offset this without the inevitable market correction is producing more short term credit, and by lowering cost of incoming goods by eroding our manufacturing base to low cost countries.
thats why we need the ' no tax on production only tax on consumption' thing i was talking about. or fair tax as others called it.
Only thing is........ we are simply a country trapped in consumption with very little production. We have shipped our production to cheap labor countries while opening up our cheap consumption through cheap imports with no tariffs. Only thing that has kept if afloat thus far is that we have done this via a credit system that skyrockets inflation. We have no production left to really tax.....
nate, I disagree. You have to address the problem at it's source. Going to a fair tax will reduce the tax burden on the citizen but it will not stop the devaluation of our currency. You will have more "less-than-a-dollar" dollars. Monopoly money. The first step is to arrest government spending, because no matter what the taxes bring in, they currently print whatever they need to spend, or simply take on more credit, that they later have to print the money to pay interest on.