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#101
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The Depression of 2008
Posted By: Ted Zanidakis
For starters, let us take your number of......"Owner-occupied housing units 75,086,485 "...... |
#102
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The Depression of 2008
Posted By: boxingcardman
"I think I even shed a few tears, could not believe the US people actually voted this guy in a second time - SHOCKED!!! |
#103
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The Depression of 2008
Posted By: rob
Can you imagine where many people would be if Bush had his way and let people manage their own social security nest egg? I think we have seen the carnage, or at least are beginning to see, of the housing market, but people would be doubly screwed if they flushed their social security away as well...Rob |
#104
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The Depression of 2008
Posted By: Solomon Cramer
I agree, I have two mortgages (and two others cross collatoralized) on my own house. However, assuming the 900,000 figure is correct (I certainly haven't researched that number), it's refering to households as indicated, not actual mortgages. |
#105
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The Depression of 2008
Posted By: Steve
Can you imagine where they would be if they did not buy more house then they could afford? |
#106
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The Depression of 2008
Posted By: JimCrandell
Intrade has Obama a 60/40 favorite still but the latest Rasmussen poll has McCain up on Clinton and Obama by 5-6 points each....and the dems are ripping each other apart. I won't bet but I like McCain's chances. |
#107
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The Depression of 2008
Posted By: Fred C
I welcome a huge drop in vintage prices! I have no idea what my collection is worth in dollars but I do know that I get a lot of enjoyment from the cardboard so I can give a rats ass if the "so called" value of my collection decreases. Buy low and enjoy the ride. |
#108
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The Depression of 2008
Posted By: Rawn Hill
Wonks.....you need your own show.A great grasp on reality. Glad this is only a hobby for me, |
#109
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The Depression of 2008
Posted By: David Atkatz
"the latest Rasmussen poll has McCain up on Clinton and Obama by 5-6 points each....and the dems are ripping each other apart. I won't bet but I like McCain's chances." |
#110
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The Depression of 2008
Posted By: Ted Zanidakis
The number I heard was approx. 1 Million (close enough to your 0.9 Million). And, my understanding is that it was a compilation |
#111
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The Depression of 2008
Posted By: boxingcardman
......just an avid vintage set collector that enjoys the hobby for the sheer love of |
#112
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The Depression of 2008
Posted By: JimCrandell
David, |
#113
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The Depression of 2008
Posted By: Fred C
Ted, |
#114
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The Depression of 2008
Posted By: DD
The real question is how did Wonka photoshop tobeecat's face onto a 1970's talk show hosts body? Is that Jim Narz, or Geoff Edwards under his head? |
#115
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The Depression of 2008
Posted By: Ted Zanidakis
I'll never forget the disappointed face on a 12 year old kid at a BB card Show about 10 years ago, when he came up to a dealer |
#116
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The Depression of 2008
Posted By: CoreyRS,hanus
"And I do think Social Security should be privatized...people need to take responsibility for their own financial future and I don't need the Government taxing me for a system I have no use for." |
#117
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The Depression of 2008
Posted By: painthistorian
-Hillary Rodham Clinton-both she and Bill have alleged ties to the Rockefellers according to articles you can find in Google searches , this elite family who just love to be "generous" and have many "historical contributions" while in reality have fielded a different agenda all along. |
#118
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The Depression of 2008
Posted By: Josh
I see a lot of mention about homes around the 500k range? That number is not even close in my neck of the woods. You can't even get a nice home for less than 1.2 million and that barely has a yard... |
#119
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The Depression of 2008
Posted By: Fred C
Josh, |
#120
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The Depression of 2008
Posted By: Alan
As Leon will soon say, "OK guys, Let's get back talking about cards... Best Regards" |
#121
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The Depression of 2008
Posted By: Dave Hornish
I have to say there is a lot to both agree and disagree with here but I can vouch for Wells Fargo, at least from a customer service standpoint. Everyone I have ever dealt with there has been top notch. |
#122
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The Depression of 2008
Posted By: LetsGoBucs
Can you imagine where many people would be if Bush had his way and let people manage their own social security nest egg? I think we have seen the carnage, or at least are beginning to see, of the housing market, but people would be doubly screwed if they flushed their social security away as well...Rob |
#123
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The Depression of 2008
Posted By: Cobby33
Seriously...anyone who thinks everything is hunky-dory needs to get their freaking heads checked. If you cannot comprehend this, please let me know. |
#124
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The Depression of 2008
Posted By: Jim Dale
Someone said above that people thought things were "Rosie" and now "Hunky Dory" |
#125
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The Depression of 2008
Posted By: Jeff Lichtman
Jim, I think you're correct. I believe that the stock market is going to get creamed big time, along with the continuing deterioration in real estate. When an 85 year old investment bank goes kaput -- just two years after being labeled by Wall Street as the best investment bank -- very bad things are on the way. All that being said, things could be a lot worse. |
#126
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The Depression of 2008
Posted By: Tom Boblitt
But anyone who believes even the most radical change in our government (Bush to Obama) will elicit some type of MAJOR change in the market forces that are out there has to be way off base. Bush is from Texas, yeah right, oil is 105-110 a barrel and climbing. That's ALL Bush's fault and Obama being swore in next January, gas will be $2.00 a gallon? Not likely.....was in China LAST March getting our daughter and they have no rush hour there. There's ALWAYS 24 rush hours in Guangzhou. Constant movement and just a small fraction of the country has automobiles. That fraction's growing along with India and their $2000 Tata car. These forces are moving rapidly. Don't expect $75 oil anytime down the road. Obama, Hillary, McCain, Nader, McKinney, no one will change that. |
#127
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The Depression of 2008
Posted By: Anonymous
Boo-friggidey-hoo. About time those a-holes started to learn that Master of the Universe is a bad cartoon and having an MBA doesn't entitle you to a seven-figure income. Plus, it will be easier to get into good restaurants... |
#128
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The Depression of 2008
Posted By: CoreyRS.hanus
I put much of the blame on the media for the paucity of qualified candidates to choose from. After all, how many of us don't have a skeleton in our closet. Yet, regardless how irrelevant that skeleton might be to a person's qualifications to be a public leader, if discovered (and how cannot it not be given that everybody in the media and opposing political camp will be looking for it) the media will blow it up into something grossly disproportionate to what it is. The person then will, in addition to being disqualifed from running, also be publicly lambasted and embarrassed. I for one would in a heartbeat rather see as President someone truly qualified to deal with the complex issues of our society -- economic, foreign policy, social, environmental, etc.) -- even though he/she has a few warts in his/her past, rather than someone squeaky clean who other than that has little to qualify him/her for the job. |
#129
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The Depression of 2008
Posted By: Ted Zanidakis
Gee guys, there seems to be a lot of "gloom-n-doom" posts here.....you guys are watching too much ABC, CBS, CNN, NBC, & PBS....TV. |
#130
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The Depression of 2008
Posted By: Jeff Lichtman
Adam, if you knew how many of them make $5 mil a year and DON'T have MBAs, you'd barf. |
#131
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The Depression of 2008
Posted By: PC
* |
#132
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The Depression of 2008
Posted By: Jeff Lichtman
PC, thank you for explaining that better than I could. |
#133
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The Depression of 2008
Posted By: Jerry Hrechka
This thread has been an interesting read. I'm a firm believer in personal responsibility. I bought my house in 1986 with a 25 year mortage and paid it off in 2004. So no rent or mortage payment (Just the government extortion called Real Estate Taxes). I have 2 cars (2001 Dodge Durango & 2002 Dodge Neon) - both paid off. So in 2004 I decided to retire, stayed home for 6 months and went nuts. Decided to get a part time job at a store 2 blocks from my house (Walk to work). In a few years I'll be able to tap into my 401K. My CC debt is a few hundred $$$. |
#134
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The Depression of 2008
Posted By: Bob
If the Democrats had any sense they would have nominated a White male governor with no Senatorial background to chip at and walked in to the White House in a landslide. An able, efficient and popular governor like Brad Henry of Oklahoma would have been a Godsend and helped drive out the weasels and rats who have been in power the last 7 years. Alas, we are stuck with the lesser of two evils for a nominee for the party and praying that Americans remember which party has been in office the last 7 years in which everything has unraveled. Personally I like McCain but would never vote for him because too much of the infrastructure of the past 7 years would remain intact in Washington. |
#135
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The Depression of 2008
Posted By: dennis
"We can spend billions and billions overseas in a useless and misguided war but not a dime to help the poor, underprivileged, hungry and sick in our own country." well said! and let's not forget our old and out-of-work. |
#136
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The Depression of 2008
Posted By: leon
Bob- I hope that when you are talking about helping the poor you are talking about teaching them how to get out of poverty. The only thing I would "give" them is an education and knowlege of how to get out of the shape they are in. The education would only be free as long as they abided by easy rules (like actually going to school). This whole $600 tax credit rebate is idiotic. The smart people don't really need it and the others will buy either 600 more lotto tickets or 125 more packs of cigarettes. What a freakin' waste...regards |
#137
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The Depression of 2008
Posted By: Jim Dale
""We can spend billions and billions overseas in a useless and misguided war but not a dime to help the poor, underprivileged, hungry and sick in our own country." well said! and let's not forget our old and out-of-work." |
#138
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The Depression of 2008
Posted By: Solomon Cramer
If you're reading this board, and have an interest/collection of vintage pre-war cards, you're probably not going to be significantly affected by the $600 refund. If you have the money to buy, or frankly any collection of prewar cards, I really hope you're not behind on your mortgage!! |
#139
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The Depression of 2008
Posted By: Charlie Barokas
Jeff, |
#140
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The Depression of 2008
Posted By: Jeff Lichtman
Charlie, I suspect that the failure of one of the top investment banks along with the fed's first intervention in 80 years is the sign of the beginning of problem, not the end of one. |
#141
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The Depression of 2008
Posted By: Cobby33
It's really refreshing to see how humble the privileged are. |
#142
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The Depression of 2008
Posted By: Charlie Barokas
Jeff, |
#143
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The Depression of 2008
Posted By: Jeff Lichtman
Charlie, I don't necessarily view these things with a one week or even three month horizon -- too many variable could come into the equation. I'd be more interested in the stock prices of the investment banks over the next 6 months and consider that they are already at year or two year lows. My point is that I think the credit crunch has only just started to rear its (truly) ugly head. |
#144
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The Depression of 2008
Posted By: Jeff Lichtman
PS -- Isn't the $600 tax refund limited to people making less than 150K? Are people who make more than 150K not entitled to tax relief? |
#145
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The Depression of 2008
Posted By: Charlie Barokas
Jeff, |
#146
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The Depression of 2008
Posted By: boxingcardman
Leon has hit on one of the key issues facing us: education quality. I send my daughter to an expensive private school. I pay in post-tax dollars for the privilege of not sending her to the neighborhood school in walking distance from our house, which I involuntarily fund with my tax dollars. Education quality boils down to one thing: money. We do not fund public education adequately as compared to the real costs of purchasing education privately. I sit on the alumni council of my (private) high school. The school spends about $17,000 a year per pupil on direct costs (teachers being the largest part) plus the infrastructure. Class size is limited to less than 20. The children receive not only the basics but also art, music, language, computer skills and other "specialty" classes that have disappeared from the public curriculum. The difference in quality is stark. Talk to any teacher you know (there are even one or two here). The issue isn't the kids, it is having 35-40 of them in each class, and teaching to a test and not much else. |
#147
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The Depression of 2008
Posted By: LetsGoBucs
People in this country have got to wake up to the fact that if you skimp on education and infrastructure, you get what you pay for down the line in the form of rotting bridges and ignorant workers. Taxation is not a dirty word; we owe it to ourselves and our children to fairly and properly fund the public sector. That investment in earlier, more enlightened times is what made this country great. |
#148
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The Depression of 2008
Posted By: Fred C
Education... everytime I bring something up about education people start thinking I'm a racist. I think education in the UNITED STATES should be taught in ENGLISH. The first thing people think is that I'm against Hispanics. Well, I'm not. Our education system isn't just obligated to teaching in only English and Spanish, nooooo, we are supposed to take ALL languages into account and we are supposed to ensure that ALL children are educated equally, regardless of their native language. I'm sorry, we spend a lot of money bending over backwards teaching kids in all languages. It's pathetic. You have the English language learners pulling down those that are fluent in English. The teachers cannot progress past the point of the slowest learners, else those not proficient in English get left behind. Do you think that if one of our kids went to a public school in France that the school would teach our child in English? Hell no, the kid better know French or be prepared to get left behind. |
#149
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The Depression of 2008
Posted By: jeff prillaman
I would like to point out that when you compare our country's education system you should be aware that by law we have to test everyone and everyone gets an education. In many countries once you hit middle school age you if your grades or test scores are substandard you go into a vocational skill and are "taken out" of the system. While we continue to test all levels of students whether they are college bound or not. If you compare our kids at the 3rd grade level or compare the top 20% or something like that you get an entirely different picture. |
#150
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The Depression of 2008
Posted By: Jim Dale
Since education has come up and someone offered their private school experience the opposite needs to be noted. In California we tax payers put in about $8500 a year per student and get one of the worst systems in the country. Yet charter and private schools (mostly religous minded) manage to outscore and out educate our public schools with about $5,000 a year per student. |
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