I used to be in the real estate business and felt fairly confident in my ability to forecast real estate,
but at this time I have no confidence in being able to advise someone on whether to buy or sell a home.
We are closing on a property today.
SEV value only bids in a sane location only.
Very good shape.
Other areas rather inflated but coming down modestly.
Inner core people are leaving en mass locally.
Blue Island Shit Holes are run by very very educated idiots.
It is characteristic of current political thinking to welcome every suggestion which aims at enlarging the influence of government. Inflation can be pursued only so long as the public still does not believe it will continue. Once the people generally realize that the inflation will be continued on and on and that the value of the monetary unit will decline more and more, then the fate of the money is sealed. Only the belief, that the inflation will come to a stop, maintains the value of the notes. If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely. The most serious dangers for American freedom and the American way of life do not come from without. What is needed to prevent any further credit expansion is to place the banking business under the general rules of commercial and civil laws compelling every individual and firm to fulfill all obligations in full compliance with the terms of the contract. If you have to convince a group of people who are not directly dependent on a solution of a problem, you will never succeed. Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures.
The issue is always the same: the government or the market. There is no third solution.
Ludwig von Mises
When pushed hard by economists, welfare propagandists and socialists admit that impairment of the average standard of living can only be avoided by the maintenance of capital already accumulated and that economic improvement depends on accumulation of additional capital. History does not provide any example of capital accumulation brought about by a government. The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers. The corruption of the regulatory bodies does not shake his blind confidence in the infallibility and perfection of the state; it merely fills him with moral aversion to entrepreneurs and capitalists. No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment.
Tue Sep 08, 2009 8:47 pm
As for me are you not still under an Ancient Roman edict to consumers then and now of Caveat emptor: Let the buyer beware? And let stockholders beware of wayward leadership. Sum is that lingering element to date to preserve capital and serve the customer which to date is being exterminated by observation to its ideological burden they wish. The preservation of our net cash flow to date consists only to serve the remaining customer base. We are in the mode to this hidebound reality since theories explain, but cannot slow the decline of a great civilization as they plan. I set out to be a reformer, but only became the historian of a decline. Aristotle in his Rhetoric (c. 322 B.C.) hit democracy as "when put to the strain, grows weak, and is supplanted by oligarchy. Since I am a consumer to vote every day in purchases will you listen or pass me by as I focus on things you consider important to me? My friend behind the Great Fire Wall conveyed enjoy Democracy while it last some years ago. As we talked he conveyed how I kept my house over the years. We shared many thoughts of men who understood what is important. Some are here in this forum of reason. As conveyed earlier if you do not know a stock better than your wife please refrain.
Robert Reich is correct to the point the middle fifty percent is the point. With NAFTA they annihilated one third of wages and one half of benefits
as China was subsidized for numerous years. The rhetoric today is election cycle as they hacked the Vatican.
Not one cent wil be invested over there. Fauci lab In China might get washed away we read this morning.
Currently I have no reply from the Senate on critical theory and intersectionality political cults.
As research by Good Jobs Nation shows, 41 of the top 100 recipients of federal contracts engage in offshoring of jobs.
Those companies received $176 billion in federal contracts in fiscal year 2016, which is over one-third of all federal contract spending.
23% of US adults are not able to pay all of their current month’s bills in full while 44% of respondents said they wouldn’t be able to cover an unexpected $400 expense like a car repair or medical bill. tyler
The NAFTA reports and rhetoric of left leaning Nations we saved leave a bitter unresolved memory.
The democrats deserve to rot on the body farm as it was more than well deserved.
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