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Conesmasher

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Everything posted by Conesmasher

  1. Insurance is a socialistic concept.........the free market won't let socialistic concepts fail once they are working. Sad but true. Ask social security.
  2. If your in high risk......keep buying, it's cheap now Don't go conservative, your about a year too late........ People lose too much money by thinking they can "time" the market. But typically by the time they "time" the market, things have already happened. Listen to Warren Buffett......."When people are greedy, be fearful......when people are fearful, be greedy"............honestly, people are scared out of their minds right now. Tommy says, "buy, buy, buy". You'll make more in 30 years NOW, then you'll possibly EVER be able to make up. ps......don't buy oil People are very reactionary. The last couple of days have been the last year or so compounded into a couple of day. You'll be amazed at what our financial system can withstand.
  3. Because you can buy gold and it'll be worth 10% more tomorrow..........
  4. Conesmasher

    AIG

    Don't you wish BIG SHAFE. It's too bad that the average American actually runs their household WORSE than our gov't. What's awesome is the national debt is backed by our ability to pay taxes. That 9 trillion is backed by us. Your ability to earn a dollar. China wants to make sure that you keep working so you can keep all of their cash safe. So just make sure you pay your taxes. The 5 trillion is backed by real estate......that's only half of the mortgaged value of our country. AIG was a necessary evil and it's not like the Fed gave $ away......it was a LOAN at LIBOR plus some, like 11 or 12 percent. Not free money. They didn't give it away. They authorized a LOAN I tell you what. It's an AWESOME TIME to invest. If you haven't dropped all of your money into your ROTH or your traditional IRA, do it NOW. We are very close to the bottom and 5-7 years from now when the DOW his's 20k, you'll be wishing you had your dollars in the bucket.
  5. Well the real estate crisis has led a the banking fiasco. Many have known about this, but this crisis really need a couple of big pins to fall down before the true effects were known. So many banks are reliant on their stock prices and their real estate values for their ability to lend credit, that when their asset base plunges so quickly, it's more like a liquidity crisis. Oil is falling based on the issues with the US economy. I still say 2.99 gas before December 31st. They want to make sure that we stay addicted to oil. Drilling bills + aleternative energy = OPEC begining to wonder if we're serious about other fuel sources. The word is..........the next banking crisis is the "credit card crunch". This is next place people are over extended. http://money.cnn.com/2008/08/18/news/economy/Colvin_next_credit_crunch.fortune/index.htm Read up. It's cyclical to me. I know it's not visible to everyone else, but if your paying attention, you can see if from a mile away. I'm CC debt free, so I'm not in these shoes. I hope for your own sake, most of you aren't ankle deep in CC debt.
  6. Yea, man that stinks, literally and figuratively.
  7. http://boston.com/bigpicture/2008/09/the_short_but_eventful_life_of.html
  8. All policies are different and can have certain endorsements that will add or restrict coverage on a policy. Typically a renters can cover "loss of use" for certain losses. It may also cover additional living expenses that you may occur, possibly subjected to some limit. Renters would more than likely not cover damage to cars that you personally own. If you have the coverage option, it may covers losses that you are liable for, if these cars are someone elses property. Check this for a vague example. http://www.statefarm.com/insurance/renters/ins_home_rent_price.asp Hope all is well. And if you find that you don't have this coverage, make it a point to know what you buy next time.....possibly by getting an agent.
  9. I can't figure it out for the life of me. I've calculate the PV of both loans in every way I can imagine and all of the differences don't seem to add up. Maybe the "leading" up problem is incorrect?
  10. I'm no expert, but it's a horrible time for that. Lack of summertime heat and moisture in the air = bad set up and horrible results. That's just my experience.
  11. How about Tressel doesn't go through all the formalities of putting him "out", it's just a media ploy.
  12. Anyone wanna go in on a retirement home?
  13. Tony Butler, Equitable Mortgage He really has the heart of a teacher. One of my best customer service experiences ever. http://www.whenservicecounts.com
  14. Really......I don't think this is a proven fact. A bold opinion, but definitely not fact.
  15. I was just gonna tell the guy.......might as well get your ribs removed if your gonna keep messing up your "kneck" during activites
  16. http://sitelife.courier-journal.com/ver1.0/Content/images/store/11/5/fbda8ece-b2a7-4932-95e8-7b0f64cf51dd.Large.jpg
  17. Programmable thermostat? Honestly, this thing is saving me $100/month during the hot months. My A/C runs at 74 from 5pm-11pm, but after that, it's basically shut off. During the day it only get's to be about 78 degrees, 80 max. During the day the thermostat is set at 88.
  18. It used to be the most dreaded bill I have to pay. Last year, my bill was in the mid hundreds. It's a new house to us, so I didn't know what to expect to pay. But we've installed a programmable thermostat and our bill is staying in between $60-75. I thought that was pretty amazing. What about you guys? 1200 sq ft
  19. All 4, that's amazing my core5 is maxed out, so I programmed it to only take one so I have 3 free for surfing.
  20. Her daughter fucks on the first date......seriously, what's wrong with that?
  21. Maybe they should have hired you to be head coach?
  22. To analyze it appropriately, who pays taxes now. Info may be dated, but I bet %'s are similar http://www.rushlimbaugh.com/home/menu/top_50__of_wage_earners_pay_96_09__of_income_taxes.guest.html Want to know how much Obama want's to give....... http://alchemytoday.com/obamataxcut/ Some more concrete Obama info http://obama.3cdn.net/b7be3b7cd08e587dca_v852mv8ja.pdf You know.....if Bush would have maintained a balanced budget, I don't think most would have been all gung ho to drop the tax bomb. Rebublicans talk like they get it......but for the last eight years it's been lower taxes/higher spending. Good grief. At least Billy could count the fucking beans whilst getting head.
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