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To: MoneyPenny who wrote (44177)	1/1/2004 9:22:06 PM
From: Seeker of Truth	Respond to of 74559

Fascinating! Thanks for the revealing post.

To: MoneyPenny who wrote (44177)	1/1/2004 11:21:35 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

Miss Money Penny, Don't be penny wise and pound foolish. These seemingly profligate and insane borrowers may simply be better informed than you are. Re: you buy a vacation home for 2 or 3 million but must borrow to furnish it...I'm uncomfortable. Imagine a scenario being concocted by Bush and Greenspan that will bankrupt the general population of the United States and reward those who seemingly are acting irrationally by assuming astonishing debts at high rates. Does it cross you mind that these folks may be part of an inner circle of cognescenti who are extremely vulgar, crass and perfectly willing to be part of a conspiracy to debase the currency much as occurred in the Weimar Republic in Germany in the 1920s. The gamble, which many aristocrats won in Germany, was to go into debt during and immediately after World War I. Those who did so found that by the time of the rise of Nazism that their actual debts had diminished to a silly sub-decimal of their original obligation. Do we have traitors to the American public who want to destroy our social safety nets, wreck the government's ability to aid the general population and further concentrate wealth in their own hands? Absolutely. And unfortunately the scumbags have stolen our government from us, as well as the banking system. *** It is not wise to finance things that lose most of their value on delivery. That's only true if these fat cats don't destroy the fiat money by means of seignoirage, which presently they are totally in control of, and seemingly totally callous about manipulating.

To: MoneyPenny who wrote (44177)	1/2/2004 3:29:06 AM
From: marek_wojna	Respond to of 74559

Thanks for this post. I think Raymond wrote for me the response. From my point of view is much wiser to invest in lower end of housing market avoiding luxuries as the number millionares diminish at astonishing rate in our part of the globe. Other reason to scale down is demographics, older people care much more about their health than the mansion they live in. Young generation of really brilliant scientists who were making fortunes are stressed out to the maximum by wage cuts, contracting out their jobs overseas and finally but slowly getting into their heads there is no such thing like "new economy", and there is absolutely nothing anybody can do to prevent things to come unless miracle happens and the powers will take into their heads and action words of the forefathers left to this great nation. Just ask the computer and high-tech former scientists who serve you now in bars and restaurants what in their opinion could be done to make America what it was - spend the taxpayer money fighting ghosts and homeless tyrants, removing freedom in this country to the level communists could only dream of or put this money into real source of energy and prosperity which only needs fraction of the cost administration is spending trying to "civilize" countries which don't ask for that.