Author Topic: Economy Woes Overstated?  (Read 1845 times)

Offline whgates3

  • Silver Member
  • ****
  • Posts: 1426
Economy Woes Overstated?
« Reply #30 on: November 30, 2002, 01:46:56 PM »
Quote
Originally posted by funkedup
WHGATES - When an economic figure is expressed in "real dollars" it means that it is adjusted for the CPI (inflation).  Shrinkage in the value of the dollar is built into the statistic.  I'm sure there are some flaws in Real GDP per Capita, but it is a pretty solid yardstick.


the built in shrinkage is to account for the goverment's underestimate infaltion figures & in no way accounts for the $ shrinking against foreign currencies.
cheap borrowing makes real estate such a popular investment that it artificially inflates the market prices of the real estate by increasing the investor pool. in a few years the stock market will pick back up & the excess capital will slosh back there. it is quite likely that a lot of $200,000 houses are being bought right now that will be worth $150,000 in five years, and the owners still owe $170,000 on the 30 year loan

Offline weazel

  • Parolee
  • Silver Member
  • ****
  • Posts: 1471
I'll take care of you Unka Dick.....
« Reply #31 on: November 30, 2002, 02:02:29 PM »
Oh yeah, we're in "good hands" aren't we?

Offline Fatty

  • Gold Member
  • *****
  • Posts: 3885
      • http://www.fatdrunkbastards.com
Economy Woes Overstated?
« Reply #32 on: November 30, 2002, 02:31:15 PM »
Weazel it would probably be wise to wait a little bit longer to post that picture and maybe people will have forgotten that the rebates were a compromise to democrats.

Offline Toad

  • Plutonium Member
  • *******
  • Posts: 18415
Economy Woes Overstated?
« Reply #33 on: November 30, 2002, 02:33:45 PM »
Fatty, you're going to ruin Weazel as entertainment value. Let him spew.
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!

Offline weazel

  • Parolee
  • Silver Member
  • ****
  • Posts: 1471
Ayup
« Reply #34 on: November 30, 2002, 02:50:46 PM »
Those mean ol' nasty demmycrats, always looking out for the common man....why just think how much larger the corporate hand outs could have been without them.  :rolleyes:

Gee toad, I'm really sorry I don't seem to fit in the "master race" republican world.

Quote
Originally posted by Fatty
Weazel it would probably be wise to wait a little bit longer to post that picture and maybe people will have forgotten that the rebates were a compromise to democrats.

Offline Toad

  • Plutonium Member
  • *******
  • Posts: 18415
Economy Woes Overstated?
« Reply #35 on: November 30, 2002, 02:53:23 PM »
Ah, Weazel, don't be sorry about that... that's not important at all.

Just rejoice that you fit in with all the hate mongers that can't control their urge to spew unsupported accusations.

:D
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!

Offline Fatty

  • Gold Member
  • *****
  • Posts: 3885
      • http://www.fatdrunkbastards.com
Economy Woes Overstated?
« Reply #36 on: November 30, 2002, 02:56:21 PM »
So now you think the rebates were a good idea Weazel?  Because your picture seems to indicate you did not (or were told to think they were not).

Offline weazel

  • Parolee
  • Silver Member
  • ****
  • Posts: 1471
Oops...I forgot the <sarcasm> hypertext
« Reply #37 on: November 30, 2002, 03:02:31 PM »
Hmmm, I don't see any unsupported accusations in this thread.  :D

Who do I hate anyway?

Ya know, I really expected you to be one of the people who "get" me, so far there is one republican on this UBB who understands the intent behind most of my posts.

C'mon, take it out of neutral and use that keen intellect of yours.  ;)


Quote
Originally posted by Toad
Ah, Weazel, don't be sorry about that... that's not important at all.

Just rejoice that you fit in with all the hate mongers that can't control their urge to spew unsupported accusations.

:D

Offline AKDejaVu

  • Platinum Member
  • ******
  • Posts: 5049
      • http://www.dbstaines.com
Economy Woes Overstated?
« Reply #38 on: November 30, 2002, 03:09:42 PM »
Ah.. the "I'm so misunderstood because I'm so complex" syndrome.

Its not the rest of the world's fault your misunderstood weazel.

AKDejaVu

Offline weazel

  • Parolee
  • Silver Member
  • ****
  • Posts: 1471
Comments from
« Reply #39 on: November 30, 2002, 03:15:39 PM »
The peanut gallery aren't relevant.

There's nothing complex about it, your just not intelligent enough to make that leap.

Next.  :D

Quote
Originally posted by AKDejaVu
Ah.. the "I'm so misunderstood because I'm so complex" syndrome.

Its not the rest of the world's fault your misunderstood weazel.

AKDejaVu

Offline AKDejaVu

  • Platinum Member
  • ******
  • Posts: 5049
      • http://www.dbstaines.com
Economy Woes Overstated?
« Reply #40 on: November 30, 2002, 03:22:28 PM »
Doesn't that reply fall under the "have to resort to insults because there's really nothing else you can say" category weazel?

All this coming from a guy that basis his views on cartoons.

AKDejaVu

Offline weazel

  • Parolee
  • Silver Member
  • ****
  • Posts: 1471
Pot to kettle....
« Reply #41 on: November 30, 2002, 03:49:53 PM »
Based on your comment it was appropriate.

If I had a "cartoon" of a guy with his finger up his nose I would add it below.  :p

Offline Toad

  • Plutonium Member
  • *******
  • Posts: 18415
Re: Oops...I forgot the <sarcasm> hypertext
« Reply #42 on: November 30, 2002, 04:48:37 PM »
Quote
Originally posted by weazel

Ya know, I really expected you to be one of the people who "get" me, so far there is one republican on this UBB who understands the intent behind most of my posts.

 


Oh, I "get" you, I think.

Like that guy 10Bears always used to link us to; that guy thought insults and childish name-changing could substitute for facts and rational, thought out arguments as well.

I think you're just like him.

I think you could be an enlightening contributor to a lot of these BBS threads. You apparently choose instead to be someone much less interesting.
« Last Edit: November 30, 2002, 09:02:49 PM by Toad »
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!

Offline whgates3

  • Silver Member
  • ****
  • Posts: 1426
Re: Ayup
« Reply #43 on: November 30, 2002, 05:36:08 PM »
Quote
Originally posted by weazel
Those mean ol' nasty demmycrats, always looking out for the common man...


thats as facetious as anything the brainwashed conservative wannabes have posted

Offline airspro

  • Silver Member
  • ****
  • Posts: 1034
      • My Blastoff start page :P
Economy Woes Overstated?
« Reply #44 on: November 30, 2002, 06:31:56 PM »
Quote
Originally posted by whgates3

cheap borrowing makes real estate such a popular investment that it artificially inflates the market prices of the real estate by increasing the investor pool. in a few years the stock market will pick back up & the excess capital will slosh back there. it is quite likely that a lot of $200,000 houses are being bought right now that will be worth $150,000 in five years, and the owners still owe $170,000 on the 30 year loan


I got to say this is my take too . I bought a second home for my Mom when 4 years ago when they were a little cheaper . Last July I uped my 401 k when everyone was squeaking about how bad the market was .

Some better beware cause the real estate marker can do a real hurt on ya's . Farm ground here in 83 was 2500 a acre , a few years later , it went for 1100 at much cheaper interest rates . But try and go back to the bank and get those :) , lol .

And no I don't farm , but my Dad did , he sold and retired back then .
My current Ace's High handle is spro