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Conesmasher

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Everything posted by Conesmasher

  1. If this car comes that low......that would be hot
  2. This write up is flawed by one major premise. No one has the "right" to drive, it is merely a privelage afforded to you.
  3. The loans that you get or don't get could also be a result of the market. Don't always blame yourself. I can only tell you what I have done for the last eight years and has seemed to work for me. Credit cards: I got my first one at 18, with a $500 limit......that has jumped to $5000 limit at this point. I never let the balance get out of control and I always made more then the minimum payment. Second card was nice, but I never used it. At 21 years of age I had $21,000 in available credit limit from my credit cards.....that is a huge change to mess up......thank goodness I didn't. In total I have 3 banks cards, 2 retail cards. All of them have always been paid on time and I typically keep balances low. Cars: Was co-signed for when I turned 18, car got totalled and got co-signed on another car 6 months later. After that, I didn't need anymore cosigners House: Bought a house last year and my score was 815, which isn't too shabby for a 25 year old. Keep the debt-to-income low, and illustrate that you CAN carry a balance, but you don't let it get out of control. You have to show them that you can use it in moderation and not blow up. To this day I still haven't cancelled my earliest CC's.....it's nice having that show up on you credit report and your account is relatively old.
  4. That was one hell of a left hook
  5. I recently heard about Dicks resteraunt........anyone know about that?
  6. Tony, the whole thing with the gold standard is crap.....at least the way it used to run. People think it's great because the government basically can't create money as they see fit.....there is a set amount of money and to "create" more, you have to find more gold. Unfortunately, the government would basically say....here is our dollar is worth x amount of gold. Then if they needed to.....they could change the value next week, but typically the dollar is pegged and doesn't operate on a float like the dollar currently does with other currencies. The gold standard in theory......works.....in practice......doesn't, because too many brilliant people think they have a way to manipulate it to make it better/easier/beneficial. Inflation would continue to exist under the gold standard, due to the fact that gold is constatly mined. What if the ice caps melted and we found HUGE reserves of gold.....inflation would be crazy. There is no fixed amount of gold in the world, and no one knows how much there really is. The federal deficit is another story. Obama, vows he wants to reinstate PAYGO rules for federal budgets. Which means that no new programs can be in place unless actual tax revenues are created to pay for them. In essence, nothing new unless it's paid for. The biggest problem with the federal deficit is the fact that congress and the president spend more than they take in. No real politician wants to talk about it because they think it's a non-issue............some people don't think of it in terms of debt, they think of it in terms of an interest payment.
  7. There is always a basis to borrowed money. That....is inflation.
  8. I think that the idea that we "print" money has been largely misunderstood. It's better to call it money creation. They create digits, figures, in banks. But they truly don't "create" money, they merely borrow it from the people. The Fed wants to inject money into the economy, they make the choice and get the money from the federal gov't. The federal gov't get's their money from one of two places. Either tax revenues, or in the form of debt. The taxes have already been paid and/or the debt will be paid with interest....in the future. However.....with the reduction in home values, it has put our dollar in a tailspin. Reduced home prices make write downs at banks, now forced to into a cash crunch. This makes our country seem unstable..........basically, our dollar is doing the opposite thing that oil is doing. Sprinkle over supply with lower demand, add a dash percieved government instability, with a heaping cup of speculation............and now you have a falling dollar.
  9. Does it occur to you that he could be NOT GUILTY?? I mean, did you see the tapes? or any of the evidence? What's your basis for judgement?
  10. Democrats: OMG WMDS!! RUNZ 4 UR LIFE, DON'T CHECK THE FCTS FOR URSELF.AHHHHHH
  11. I see where your coming from. My thoughts are this.....crashing the car at that corner actually puts the same energy on a "smaller" section of the car. I think with a head-on collision, the damage would be less.
  12. This is a VERY good vid. I love their explanation of how much 'energy' it takes to move the car. Thanks for the heads-up!!! It's really funny how burning diesel to produce electricity, will produce higher effciency, then burning diesel to power a beetle.
  13. It's not going to take running out of fuel, but it would take EXPENSIVE fuel or electricity or even natural gas costs in order for Hydrogen to be viable. Why? Because these other infrastructure are already set up. And in order to get an appropriate "Return on Investment", the venture has to be profitable. Don't get me wrong it's not immpossible. I just don't know if it is profitable enough. What I think is slightly funny is that no one is looking past this "oil crisis" right now. Oil companies are drilling like madmen right now, they are going gangbusters trying to find oil. Why? Because it's profitable. And eventually, the combining of newly discovered oil resources, with reduced consumption, has the chance to increase supply and reduce demand, which could send prices spiraling.
  14. It's a damn shame we didn't start this evolution 20 years ago!!
  15. Could be a potential threat, but let's throw caution to the wind. Why would anyone want to race here? That's my real question?? I mean what is "blank" racing organization have to gain by coming to Columbus? Do they have trouble finding tracks to race at?
  16. I'm getting about 33mpg in an 06 Accord 4dr 4cy auto. 32mpg with A/C. The guy with the Accord in the CNN special was InSaNe with his stuff, I couldn't believe what he was doing. If I had a manual, I'd probably get 35mpg.
  17. So now we have to charge with electricty something to make the fuel? Why not just use solar power to charge my Volt. Don't get me wrong, I like the idea of fuel cell's, just don't think that the public is ready to make this move to hydrogen and the big infrastructure change. I think that solar panel developments are going to revolutionize the way we obtain power. I have also read that will all of this battery tech going into cars it is going to begin to change our electrical system and begin moving down the path of a "2-way" system, where we can charge-back to the power company and have them pay us/give us a discount on our bill for energy that we produce.
  18. Incorrect You can have your bike insured with State Farm without your vehicles, however it can help you obtain a cheaper price.
  19. Conesmasher

    Investments.

    I know that this is probably just a small error, but the Roth is not tax deferred, it is tax free. The 401k is tax deferred, as would be the traditional IRA. I find that A LOT of folks could take their finances in their own hands, work super hard and only get average returns. I'm personally a fan of index fund, which for many folks is "subpar", but realistically average return of the S&P Index is pretty nice. But nothing beats a well-managed portfolio. But some folks are DIY and it's hard to get past the idea that others can do it better.
  20. I'm still waiting for the Obama/McCain/Clinton ticket. I mean.........there pretty much the same. Besides Iraq and healthcare...they are the same.
  21. In fact.....electronic stores almost rely on them to make profits http://www.businessweek.com/magazine/content/04_51/b3913110_mz020.htm
  22. Still can't take everything you read on the internet for 100%. There are lots of factors coming into play, speculation being one of them. But this....IMHO......short term oil price spike is the best thing for finding more resources of oil. It's making it profitable for companies to find oil in new locations....increasing the search for more oil.
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