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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Win-Lose-Draw who wrote (854)5/7/2003 6:10:07 PM
From: Box-By-The-Riviera™  Read Replies (2) of 4904
 
i don't think there's enough of these folks with those kinds of windfalls to make up or offset the broad population living by the grace of a piddly cash flow to pay the folks who actually own what they have.... and in that environment what they have is mostly depreciating at a rapid pace while the cost of ownership from insurance, maintenance and taxes is rising. and those are the things they own that are not necessarily life sustaining. they still have health insurance and food costs and energy costs on top of the shakey load.

from kids who can't afford college (even a state tuition school, let alone a job part time to pay for it... retiree's are taking those), to the shrinking free cash of that part of society formerly known as the broad taxpayer base, a mass of folks will not find themselves able to get ahead and have less and less to maintain their status quo....

the others... the black market folks who work for cash, make do with less already to the windfall folks who batten down the fort and tighten up the entrances....they are in the best position in my view to play hide and seek. the former, because they've been practicing, the other, because they can learn if they haven't awaken too late.

you can change the bankrupty laws all day long, but what you gonna do, throw 10 million people into jail who can't pay any longer? hold it against them? big deal, when there's no water left in the turnip.

it doesn't matter to me who is at fault. it is a "what is"
it does matter to me when lawmakers and others do everything in their power to do everything but recognize this fact.

as heinz might say, the slate will be wiped clean one way or another.

just because someone comes along and "thinks" or has faith things won't take this course, does not mean I should drop everything and quit trying to protect myself from millions of other people who (wrongly or rightly) landed themselves into this mess. whether i like it or not, i am suddenly going to be affected by all of them. it is my job to quietly stay as far away as possible as NUMBER ONE becomes a very very powerful force.

when i change my mind. i'll say so <G>
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