Buy American = Goodbye Global Friends [View article]
Since when are they buying made in america, how many 100's of billions of $'s is our trade deficit
On Jan 30 12:03 PM fatwollit wrote:
> > "What kind of a stimulus package would it be if it created jobs overseas > > at the expense of Americans?" > > Is that such a bad thing? Creating jobs overseas as well as within > the U.S. means more earners worldwide will have money to spend, a > large part of which will go to buying goods "Made in America", still > the biggest economy in the world. To make goods in America means > creating jobs for Americans so that they can make those goods. It's > Global Economy 101.
I don't think people are attacking housing, they are attacking the ridiculous premise that it has become affordable. Housing will be great when prices do eventually come into equilibrium with incomes.
On Jan 31 01:49 PM Mark Anthony wrote:
> I do not understand all you people attacking housing as if it was > the most toxic and harmful things in the world. Such a sentiment > is sickening. Houses are physical assets with real value and real > utilization. It is a basic and important human need to live under > a roof. Read this: > > seekingalpha.com/artic... > > > Most Americans do live under a roof. You either own a home or rent > one. Few people actually sleep on the street. So housing is always > a question of picking between renting or buying. > > To the one suggesting that an average family can not afford to pay > $801 a month to buy a median price home. Let me ask you how does > the same family afford to rent a home at $1000 or even more per month? > > > You have the benefit of tax deduction. So buying a house at $801 > a month also saves you $250 a month on tax. It's equivalent to paying > $550 per month for rent. If it's me of course I prefer own a home > than renting one. But then I am already a home owner today. > > I think as the dollar collapses we will see another housing boom > again. Holding any physical asset is much better than holding any > paper asset.
Buy American = Goodbye Global Friends [View article]
Oil may not make the top ten list but it is still too big and a national security issue (and I am not a neo con)
On Jan 30 10:34 AM Replytolongoil wrote:
> Longoil, > Your numbers are wrong. Arab countries constitute a small part of > the trade deficit, much smaller than Mexico, Canada and the Asian > countries. > www.census.gov/foreign... > > Trade with Arabs is not the problem so please take your neocon agenda > elsewhere. And in the future don't prove your point with lies.<br/>
Buy American = Goodbye Global Friends [View article]
What kind of a stimulus package would it be if it created jobs overseas at the expense of Americans. We're allegedly spending all this money to create jobs, targetting stimulus to maximize American jobs is very different from protectionist policies regarding normal trade.
Exclusive Interview with Jim Rogers: Inflation Is Coming [View article]
He's moved into overdrive in terms of talking his book over the past few months. He'll spew forth for some podunk local paper if they let him. He's not doing it as a public service for Joe six pack, I can guarantee you. He's probably doing it out of fear.
If all the the gold in the world disappeared overnight there would be no adverse affect to anybody. It is just a psychological device as is any currency. To say it is undefeated over 5000 years is meaningless and inaccurate, It will always pop up in times of fear and then in times of normalcy take it's rightful place as a worthless but pretty adornment on females
OK the US fiat currency is backed by an injured economy. Gold on the other hand is backed by a bunch of paranoid crackpots. I might buy some if it looks like it's breaking out but there is no fundamental reason to own this essentially worthless commodity.
Bill Gross: Buy Early What the Government Buys Later [View article]
Human society has always operated as a ponzi scheme since cavemen were trading pelts. I'm not sure what idyllic past you are looking back to in contrast.
On Jan 08 11:14 AM AndrewBaker wrote:
> I agree with Bill. The whole world has been in a Ponzi state for > many years, and now the reckoning is coming because you can't run > these schemes indefinitely 'cos you run out of punters to take the > money from. We've done that now, and Governments are printing the > monopoly money whilst we all get used to being as poor as we really > are but didn't know it. So ... the best game in town is buy what > the government will buy or not let go down. And do it internationally: > this game is worldwide.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
I call the top today, mark your calendar
On Jan 02 09:06 PM DavyJ wrote:
> Why is it that when the market is down, so many try to call the bottom? > > > Yet when it is up, so few try to call the top? > > One of life's mysteries, I guess.
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
Those of you thinking 'this time it's different' with gold prices, just remember that they said the same of internet stocks, real estate and oil. Gold must return to it's historical price trend line.
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Moody's, S&P Dole Out Global Downgrades - Time to Go Gold? [View article]
Buy American = Goodbye Global Friends [View article]
On Jan 30 12:03 PM fatwollit wrote:
>
> "What kind of a stimulus package would it be if it created jobs overseas
>
> at the expense of Americans?"
>
> Is that such a bad thing? Creating jobs overseas as well as within
> the U.S. means more earners worldwide will have money to spend, a
> large part of which will go to buying goods "Made in America", still
> the biggest economy in the world. To make goods in America means
> creating jobs for Americans so that they can make those goods. It's
> Global Economy 101.
Housing Affordability Surges [View article]
On Jan 31 01:49 PM Mark Anthony wrote:
> I do not understand all you people attacking housing as if it was
> the most toxic and harmful things in the world. Such a sentiment
> is sickening. Houses are physical assets with real value and real
> utilization. It is a basic and important human need to live under
> a roof. Read this:
>
> seekingalpha.com/artic...
>
>
> Most Americans do live under a roof. You either own a home or rent
> one. Few people actually sleep on the street. So housing is always
> a question of picking between renting or buying.
>
> To the one suggesting that an average family can not afford to pay
> $801 a month to buy a median price home. Let me ask you how does
> the same family afford to rent a home at $1000 or even more per month?
>
>
> You have the benefit of tax deduction. So buying a house at $801
> a month also saves you $250 a month on tax. It's equivalent to paying
> $550 per month for rent. If it's me of course I prefer own a home
> than renting one. But then I am already a home owner today.
>
> I think as the dollar collapses we will see another housing boom
> again. Holding any physical asset is much better than holding any
> paper asset.
Buy American = Goodbye Global Friends [View article]
On Jan 30 10:34 AM Replytolongoil wrote:
> Longoil,
> Your numbers are wrong. Arab countries constitute a small part of
> the trade deficit, much smaller than Mexico, Canada and the Asian
> countries.
> www.census.gov/foreign...
>
> Trade with Arabs is not the problem so please take your neocon agenda
> elsewhere. And in the future don't prove your point with lies.<br/>
Buy American = Goodbye Global Friends [View article]
Peter Schiff Answers His Critics [View article]
Exclusive Interview with Jim Rogers: Inflation Is Coming [View article]
My 13.65 Basis Point ETF Portfolio [View article]
What Is Going On With Gold? [View article]
What Is Going On With Gold? [View article]
Income ETFs: Higher-Yielding Investing Ideas [View article]
Bill Gross: Buy Early What the Government Buys Later [View article]
On Jan 08 11:14 AM AndrewBaker wrote:
> I agree with Bill. The whole world has been in a Ponzi state for
> many years, and now the reckoning is coming because you can't run
> these schemes indefinitely 'cos you run out of punters to take the
> money from. We've done that now, and Governments are printing the
> monopoly money whilst we all get used to being as poor as we really
> are but didn't know it. So ... the best game in town is buy what
> the government will buy or not let go down. And do it internationally:
> this game is worldwide.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
On Jan 02 09:06 PM DavyJ wrote:
> Why is it that when the market is down, so many try to call the bottom?
>
>
> Yet when it is up, so few try to call the top?
>
> One of life's mysteries, I guess.
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]