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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (61115)	3/17/2005 3:12:16 PM
From: energyplay	Respond to of 74559

Hi AC - Hope you are doing well. So maybe the government will lower taxes on cigarettes ? ;-) Least they could do is raise the speed limits...

To: AC Flyer who wrote (61115)	3/17/2005 3:29:14 PM
From: Maurice Winn	Respond to of 74559

Hi ACF. Predicting 50 years from now is silly. While it's worth having some idea of what to expect, there are many things which can completely change the world by then. H5N1 for a start. That would single-handedly change a LOT of plans. Cancel the whole idea of bludging on the taxpayers and state - work until you drop [like Uncle Al KBE, Bernie Schwartz [Globalstar fame], Irwin Jacobs is working at 71, etc, etc, etc. Retirement is a silly idea and should be self-selected. Tsunami. People have now realized that such things are possible. They probably think they won't affect the USA. The Pacific Ocean and Atlantic Ocean are giant targets and a bolide anywhere over those would splatter a LOT of water over a LOT of people. War. China, Russia, France, Britain, North Korea, Pakistan, India, Israel are locked and loaded with umpty thousand noocular bombs. They haven't built them as works of art. They are live ammunition, carefully designed and built with the sole purpose of killing millions of people and blowing up LOTS of stuff. As you read, China and Russia and angling in on Taiwan, using North Korea as a flanking manoeuvre. Japan, South Korea, Australia, USA and perhaps some others will oppose. Economic development. The economic circumstances in even third rate places such as NZ is so dramatically better than 30 years ago that it's unrecognizable. I used to have to work for a week to buy a calculator. Now it's about an hour to buy a much better one. Computers were Fortran IV powered behemoths fueled by punch cards and not much better than a calculator now. Today, cyberphones are on the way. Cars cost two years work for a very average vehicle. Now a much better new one with air conditioning and lots of other things costs 6 month's pay. And so on. In 50 years, old people will have all that, plus more, for a few hours work. Bioengineering has barely started. Cyberspace is in infancy. Political integration. China, USA, Europe, India, Russia might be all one economic unit [along with a lot more too] with war a has-been and LOTS of young people providing the energy with internationally, relatively few old people. Old Americans and Japanese [and Kiwis] could take their money and live in a place [Iran maybe] which has lots of young people who want the money and will work to get it. And so on... Mqurice

To: AC Flyer who wrote (61115)	3/17/2005 3:31:23 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

My idea of taxing obese people contributes to longevity!

To: AC Flyer who wrote (61115)	3/17/2005 9:14:12 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello ACF Mike, <<US Social Security So-Called Crisis is solved - patriotic Americans are eating themselves into an early grave>> ... give new twist to "give me liberty or give me death". This variation is "give me freedom from taxes by giving me death" Today a newsletter in my in-tray noted the following: "FNM collapsed 4 percent to another new low after regulators said that they had found instances of forged signatures on accounting ledgers as well as altered database records related to earnings" So, first AIG, then GM, and now, FNM. Can GE be far behind in the parade of the uglies? Be patient, the show just got started :0) Another note, "Homebuilders were busted for 2 to 4 percent across the board, with the vast majority making new lows for the move. TOL was hit the hardest, as it was clipped for nearly 5 percent. The catalyst for today’s selling wasn’t the bond market (it’s still receiving a flight to “quality” bid due to GM’s woes). This time it was a press release from the National Association Of Realtors (NAR), which pointed out that 44 percent of the “vacation homes” purchased in 2004 in the US were within 25 miles of the buyers primary residence. In other words, these were not “vacation homes”, they were speculations" This is going to be good, and better than 2000 rehearsal. Maestro Uncle Spankie Al Greensputin ("MUSAG") recently said there is no bubble in housing and advised folks to take up adjustable rate mortgages. All hail Al. We will soon learn the full and rough meaning of COLLAPSE. Are you ready? Chugs, Jay