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

To: John Vosilla who wrote (69555)	9/8/2006 11:18:23 PM
From: mishedlo	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. Please put on your thinking cap. Tell me how people pay those taxes with declining wages and possibly no job at all. Then think thru the ramifications of that. Then think thru the ramifications of a truck driver out of a job because he is not hauling lumber to the next jobsite. Then think thru the ramification of that truck driver who is not driving and is no longer eating at Joe's Diner. the list goes on and on and it shows you have a half baked argument, with no follow thru thinking. Mish