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 : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (2265)	3/19/2013 12:41:44 PM
From: Kirk ©	Read Replies (2) \| Respond to of 3605

You have to admit that some of us who were laughed at for calling ourselves "Libertarians" have been writing letters to the papers and posting on message boards about the excessive spending problem for decades and only now a few are seeing what we've been laughed at for. The ONLY way to pay off this massive debt is SIGNIFICANTLY higher taxes (confiscation) and/or massive inflation (a tax on savers.) Austerity will only stop the debt from growing... When people laughed at me in the late 1980s and early 1990s for warning about CA and the US spending far too much, I decided to buy high end property (Los Altos) as a better hedge than gold for inflation because I could draw income in the form of "rent not paid' from the property. I has worked out very well with 7 figure capital gain and a mortgage far less then renting a small, nice 2b apartment here. It is really sad so many missed the boat, especially the renters who probably voted for the government handouts (and confiscation via excessive taxation) in the first place. With the crashing of the education system and soaring inflation over this period, you could say the voters were hoisted by their own petards. Brinker comes off as a fool and his ratings from the top 10 radio shows in 2006 to not even on the "Heavy 100" radio list this year proves it. He rants and raves about excessive spending but I've never heard him call for massive cuts in military spending, changes to the whole health care system and he certainly cries like a little school girl if anyone suggests HE pay higher taxes.

To: Honey_Bee who wrote (2265)	3/19/2013 1:04:10 PM
From: Kirk ©	Respond to of 3605

Here is another "issue" with fake demand for ethanol... burning food for fuel while we have all the NG we need to drive cars under the ground in the US.... Fears arise that farming is heading for a bust. Rising crop prices, particularly corn, have sent the cost of farmland soaring, with prices in Iowa, for example, doubling to an average of $8,296 an acre since 2009. The trend has attracted farmers and investment companies, but with data about rural debt incomplete, economists fear that the boom will at some point turn into a bust, leaving a trail of bankruptcies and out-of-pocket creditors.