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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (45982)	2/7/2006 2:43:42 AM
From: mishedlo	Read Replies (3) \| Respond to of 116555

Sydney vs. Atlanta An international survey published last month by an American public policy consultancy, Demographia, showed that despite recent price falls, Sydney was still the seventh-most expensive property market in the world. It takes 8.5 times the median Sydney income to purchase the median Sydney house, compared with 7.9 in New York, 6.9 in London and 6.4 in Melbourne. In Atlanta, it was just 2.8. The report's authors say a ratio over 3.0 is unaffordable, and rate Sydney in the "severely unaffordable" category. smh.com.au

To: regli who wrote (45982)	2/7/2006 8:25:03 PM
From: RealMuLan	Read Replies (2) \| Respond to of 116555

Bush budget breaks down: 42% -- SS, Medicare, and Medicaid 12% -- other entitlement 9% -- interest on debt 19% -- defense and home land security 18% -- domestic spending, including education, transportation, crime, environment, parks, aid to cities, arts, science, technology, housing, and everything else you can think of BTW, he proposed 3 penny tax on every 11.8 gallons of milk, which translates to about $720 a year for an average-sized dairy farm. The tax would generate a whooping $587 million over the next 10 years. This is about 2.1 B-1 bomber cost.