Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (94065)	9/15/2010 9:09:26 PM
From: IRWIN JAMES FRANKEL	Read Replies (3) \| Respond to of 118717

>>The "automation boom" dictated by the jobless recovery is another, more emerging theme. Perversely, the latest Obama move to allow immediate expensing of capital items, if passed, will promote your "automation boom". I say perversely, because the primary use of the funds will be to enhance productivity and in a period of stagnant demand that means replacing people with capital. Yep - it is efficient, but at the cost of employment. ij

To: Crossy who wrote (94065)	9/15/2010 9:18:55 PM
From: John Vosilla	Read Replies (1) \| Respond to of 118717

'after the "housing bubble" - now the housing stock is replenished and modernized' Housing in general had decent value by 2002 after many years of modest appreciation. The next wave up into 2003 was enough to fuel a replenished and modernized stock of property via equity and easy access to credit after being dormant since the 1980's boom. The just took it several cycles way beyond in much of the country. In many other parts of the country there was little if any updating of the housing stock so it is like the bubble never happened in much of the rust belt or small towns in the south and midwest which will probably fall even further behind recovery as a result. 2007 was at the end of the game neither WS or DC was going to stop it...all that debt and high values were already out there sort of 2000 in tech.. Think cocooning in your modern high tech entertainment room with your flat screen tied to your wifi and high speed internet as you enjoy your lavish newer stock house with an affordable 4% fixed rate loan. Not sure where the $40k granite kitchen redo fits in to new trends as most Americans don't cook at home much these days but they look nice and perhaps keep you out of trouble<g>..maybe that trend has to change too? Maybe I am off in my opinion but I do feel the overall social and economic long term benefit from the housing boom quite lacking versus prior booms in railroads, automotive, airlines, computers, telecom ect.. But unlike the permabears gloomy vies there was still a lot of good that came out of it too..