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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: geode00 who wrote (230424)	5/9/2007 4:56:19 PM
From: michael97123	Read Replies (1) \| Respond to of 281500

I know I know You and slyvestor are still predicting dow at 500 and naz at 700. Krugman will be right (one day). Man are you a putz.

To: geode00 who wrote (230424)	5/9/2007 5:01:59 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 281500

For other readers, be advised that life now is great compared with life long ago, contrary to what Geode wrote. Calculators now take minutes of work to buy. They used to take weeks. Before that, they were slide rules and 7 figure logarithm tables at great cost. Look at Geode's idea <This is the first generation that has more risk, and expectation of lower reward than its parents. This is due to the theft and greed and incompetence > Do not be fooled by people like Geode. Flying to London from here now takes only days of work to pay for and 22 hours to do. It used to take months to earn and took days to do, with stop-overs at Fiji, Honolulu, Los Angeles, New York, London. Before that, it was ship, taking 6 weeks and costing half a year's pay. One didn't travel so much as live on a ship for a while. Shipboard life was very enjoyable. We traveled on the Fairsky's last trip, steerage class, in 1974. Cars now cost 2 weeks work [average pay rates] [I paid for one a week or two ago]. That was a swanky car in perfect condition [compared with cars people thought were swanky 20 years ago]. It had ABS brakes, toughened glass, air bags, radio, air con and all mod cons. 20 years ago, such a car [without the cons, mod or otherwise] would have been 3 months work. 35 years ago, when people spent their weekends fixing their cars, it would have cost a year of disposable income [saving for a car was a major project in those days]. So, life now is a doddle for people. Being wastrel spendthrifts, of course they can't manage so feel that life is difficult. They are not just wastrel bad managers, they are confused and ignorant. Which is part of the same thing. Another issue is that people are now voting themselves poor because they are ignorant about what makes a good economy. Geode and others en masse think that having a BIG government controlling everything that moves, and doesn't, is a good thing. India tried that for half a century and remained mired in poverty. China did too. Geode and others who have the same weird ideas will vote to take the USA into poverty. Mqurice