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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (259545)	11/11/2005 3:14:48 PM
From: bentway	Read Replies (1) \| Respond to of 1573351

"The Greatest Generation is dying off, and the Baby Boomers already got theirs, so what does that leave us?" You guys will pay our Social Security, just like we paid for the Sinatra humpers. The boomer retiree votes will insure it. So, either hug a Mexican or you better start thinking about that second job. We don't care if the entire Defense Dept. gets discounted to China - we're gonna GET our benefits..

To: Tenchusatsu who wrote (259545)	11/11/2005 4:37:11 PM
From: tejek	Read Replies (1) \| Respond to of 1573351

Ted, The majority of the people making large, tax free gains are middle income, many of whom have lived in their houses for decades and are getting ready to retire. Yes, I realize that. They will be the ones who make out like bandits in this market. So will the money lenders spamming their "free money" ads all over the place, whether it be radio, TV, Internet, or junk snail mail. The ones holding the bag will be the first-time home buyers, which pretty much means our generation. The Greatest Generation is dying off, and the Baby Boomers already got theirs, so what does that leave us? Yee of little faith. As long as this country keeps it together, you will get yours. The pie is not nearly as small as you seem to think it is. Besides, there are solid reasons for why prices are going up. Buildable land is scare esp. around major growth areas. Environmental laws continue to restrict development. The next generations after the boomers are as big or bigger. They too will need housing. The reason you are worried is because you are in a market that is made up of extremes. Right now, you are seeing the extreme at the high end. If several people sneeze the wrong way, the market will drop. However, what you have to remember is that the causes for the extreme high prices in the OC will continue to exist no matter what happens. It is affluent, a job creator, has a great climate and is in between two major metro areas.....plus it has a hit show named after it. <g> The only people who get hurt are the last ones in [during the prior year], the ones who panic during a down time and sell at any price, or the ones who have to move due to a job transfer. The only one you should have to worry about is the last one.......INTC transferring you out. And its very possible that they will make up your loss if they do transfer you. So relax......things are not as bad as you see think......at least not yet.