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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (2261)	11/15/2014 10:37:52 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26787

The trouble is they are mostly regulated monopolies. If da Prez has his way, he'll make them give internet to people for nearly free. In big cities, it is cheap to wire a building so $15 a month for 5MB/s connectivity is reasonable but try to get that to third world, rural areas like Africa or Los Altos, California and it is much more expensive. Here in our third world of Los Altos and Palo Alto where you scratch my back and I'll scratch your back rules, the technician from AT&T told me last month they can't get fiber type speeds to my house because the city wants them to repave the whole street as a "fee" to put in a cable where all they need is a small cut with a small patch... on the same dam street the city let builders of a single house tear up the street in several places to put in an under ground cable to the utility pole across the street and new sewer service. The patches in the road are still there months later so I doubt they made the new homeowner pay to repave the whole street. Of course the new house will have a $2 to $3M value and probably generate $25K to $35K a year in property taxes so they don't care about a bumpy road.... The tiny old house was probably 60 yrs old, hidden behind bushes and maybe generating $1K a year in property taxes! They gotta generate taxes to pay their pensions. -rant off....

To: robert b furman who wrote (2261)	11/15/2014 10:48:16 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26787

BTW, a big reason for food inflation might be da Prez.... I heard that farmers in the central US can't get cheap trains to move their products to market and bring in winter feed, fertilizer and such as the rail cars are filled with oil that can pay higher freight rates. Ya think Buffett made a deal with da Prez to not sign off on Keystone for eight years in return for an endorsement of higher taxes he can avoid with loopholes still on the books? Buffett is a huge railroad owner and his stock is up under Obama.... Gates has done better... he doesn't sell sugary poison to kids and obese adults so Michelle's healthy eating initiative hasn't hurt his returns. With Michelle Obama going after all Buffett's sugary and fast food junk products that kill you early, he's lucky to have the railroads otherwise he would grossly under perform the S&P 500. Returns with dividends reinvested: