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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (69532)9/8/2006 9:41:13 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
You think because home prices are flat to down and gas prices are down a little from their incredible run that prices of things we need are going down too? Try telling that to the tax collector who we pay our RE taxes to, our insurance agent, the truck driver who transports good you need every day, the retailers whose CAM is rising and must pass his costs on to me, the landlord who even if he raised rent 10% can't cover his rising operating expenses. The list goes on and on including almost very good or service I need or desire<g>. Pass throughs of energy, real estate, and excess credit created are enormous.

Not that I expect you to get it. Obviously you never will. Neither will bubbleheads who believe RE always was going to up or doom and gloomers who think 1930 is around the corner. The same myopic vision can be said for supporters of GWB as well who believe in Iraq and that they are getting something for nothing via the federal tax cuts and our mounting twin deficits.