To: Victor Lazlo who wrote (123352 ) 4/10/2001 1:28:38 AM From: Skeeter Bug Read Replies (1) | Respond to of 164684 victor, what is the value of pi? exactly. nobody knows. does that make it not useful? that is part of my point. >>so you'd exclude equity in small privately-owned businesses, and include checking acct money that might be already obligated by a check currently in the mail?<< a laid out the basics of what i'd attempt to do. am i so arrogant to think that i laid down a perfect plan to the last detail? nope. nor do i want to spend the time req'd b/c it doesn't matter what i think... >>BTW, some of those "safe" money market accts are now high risk ever since PG&E filed for bankruptcy, since they were holding commercial paper from PG&E....<< maybe we should cancel the census b/c people die... >>Warren Buffet should apply for food stamps.<< that is silly and you know it. when did i say that my definition of savings was the final determinate of food stamps? never. you are being argumentative rather than honestly looking at the implications of the data we know. >>Would you include state-sponsored college savings accounts?<< again, the time spent working out the small details in my system aren't worth it. >>It also gave folks the confidence to go out and start a record number of small business over the last several years....<< many of which aren't viable without a financial crack induced bubble economy. you seem to infer this type of business is a good use of capital... >>I've been saying for a while here that when mtgage rates dropped sharply 2.5 yrs ago, huge numbers of homeowners refinanced, and instead of banking the savings, they bought vacation homes, new additions, boats or cars or furniture.<< you win the prize. you are right. now what does this mean?