DIYbanter

DIYbanter (https://www.diybanter.com/)
-   Home Repair (https://www.diybanter.com/home-repair/)
-   -   How to kill those "Klunkers" (https://www.diybanter.com/home-repair/283729-how-kill-those-klunkers.html)

aemeijers August 8th 09 08:16 PM

How to kill those "Klunkers"
 
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski wrote:

"George" wrote in message
It was just a comment on typical liberal thinking who can't seem to
describe where the money comes from so they need to use a metaphor like
"we found it".
They found it in our pockets

as opposed to? Do anybody really need it explained that govt. either
taxes or borrows?


Well, lately, they are doing the electronic equivalent of just running
the printing presses. And the world is noticing- the exchange rates


That would be an improvement over the insane borrowing. Both devalue
the money, but the latter requires payback.

I predicted raging inflation a decade ago; how else can the U.S. deal
with the ten trillion dollar debt? Made it worth the equivelent of 100
billion!

Remember that when your retirement plan sends you a check based on what
money is worth today, and a loaf of bread is fifty bucks....

--
aem sends...

N8N August 8th 09 08:56 PM

How to kill those "Klunkers"
 
On Aug 8, 3:16*pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski wrote:


"George" wrote in message
It was just a comment on typical liberal thinking who can't seem to
describe where the money comes from so they need to use a metaphor like
"we found it".
They found it in our pockets


as opposed to? *Do anybody really need it explained that govt. either
taxes or borrows? *


Well, lately, they are doing the electronic equivalent of just running
the printing presses. And the world is noticing- the exchange rates


That would be an improvement over the insane borrowing. *Both devalue
the money, but the latter requires payback.


I predicted raging inflation a decade ago; *how else can the U.S. deal
with the ten trillion dollar debt? *Made it worth the equivelent of 100
billion!


Remember that when your retirement plan sends you a check based on what
money is worth today, and a loaf of bread is fifty bucks....


If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...

nate

clot August 8th 09 10:26 PM

How to kill those "Klunkers"
 
N8N wrote:
On Aug 8, 3:16 pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers
wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski
wrote:


"George" wrote in message
It was just a comment on typical liberal thinking who can't
seem to describe where the money comes from so they need to use
a metaphor like "we found it".
They found it in our pockets


as opposed to? Do anybody really need it explained that govt.
either taxes or borrows?


Well, lately, they are doing the electronic equivalent of just
running the printing presses. And the world is noticing- the
exchange rates


That would be an improvement over the insane borrowing. Both devalue
the money, but the latter requires payback.


I predicted raging inflation a decade ago; how else can the U.S.
deal with the ten trillion dollar debt? Made it worth the
equivelent of 100 billion!


Remember that when your retirement plan sends you a check based on
what money is worth today, and a loaf of bread is fifty bucks....


If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...



Careful, living on the Right Side of The Pond, I invested on the Left Side
as I thought that the £ was on the way down internationally (as it was). My
original investments on the Left Side were doing well until the crunch. I
had too much in banks, Lehman in particular. That one cost me more than an
average new auto.



Nate Nagel August 8th 09 10:29 PM

How to kill those "Klunkers"
 
Clot wrote:
N8N wrote:
On Aug 8, 3:16 pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers
wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski
wrote:
"George" wrote in message
It was just a comment on typical liberal thinking who can't
seem to describe where the money comes from so they need to use
a metaphor like "we found it".
They found it in our pockets
as opposed to? Do anybody really need it explained that govt.
either taxes or borrows?
Well, lately, they are doing the electronic equivalent of just
running the printing presses. And the world is noticing- the
exchange rates
That would be an improvement over the insane borrowing. Both devalue
the money, but the latter requires payback.
I predicted raging inflation a decade ago; how else can the U.S.
deal with the ten trillion dollar debt? Made it worth the
equivelent of 100 billion!
Remember that when your retirement plan sends you a check based on
what money is worth today, and a loaf of bread is fifty bucks....

If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...



Careful, living on the Right Side of The Pond, I invested on the Left Side
as I thought that the £ was on the way down internationally (as it was). My
original investments on the Left Side were doing well until the crunch. I
had too much in banks, Lehman in particular. That one cost me more than an
average new auto.


Well, yeah, that's the trick. if you're trying to offset a currency
that's going down by investing in a currency that's going up, or at
least not going down as much, you have to get it right.

....and if you're going to ask advice on that, you probably want to ask
someone more tapped in than I...

nate



--
replace "roosters" with "cox" to reply.
http://members.cox.net/njnagel

clot August 8th 09 10:48 PM

How to kill those "Klunkers"
 
Nate Nagel wrote:
Clot wrote:
N8N wrote:
On Aug 8, 3:16 pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers
wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski
wrote:
"George" wrote in message
It was just a comment on typical liberal thinking who can't
seem to describe where the money comes from so they need to
use a metaphor like "we found it".
They found it in our pockets
as opposed to? Do anybody really need it explained that govt.
either taxes or borrows?
Well, lately, they are doing the electronic equivalent of just
running the printing presses. And the world is noticing- the
exchange rates
That would be an improvement over the insane borrowing. Both
devalue the money, but the latter requires payback.
I predicted raging inflation a decade ago; how else can the U.S.
deal with the ten trillion dollar debt? Made it worth the
equivelent of 100 billion!
Remember that when your retirement plan sends you a check based on
what money is worth today, and a loaf of bread is fifty bucks....
If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...



Careful, living on the Right Side of The Pond, I invested on the
Left Side as I thought that the £ was on the way down
internationally (as it was). My original investments on the Left
Side were doing well until the crunch. I had too much in banks,
Lehman in particular. That one cost me more than an average new auto.


Well, yeah, that's the trick. if you're trying to offset a currency
that's going down by investing in a currency that's going up, or at
least not going down as much, you have to get it right.

...and if you're going to ask advice on that, you probably want to ask
someone more tapped in than I...


Quite, I got it wrong!



clot August 8th 09 10:54 PM

How to kill those "Klunkers"
 
Nate Nagel wrote:
Clot wrote:
N8N wrote:
On Aug 8, 3:16 pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers
wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski
wrote:
"George" wrote in message
It was just a comment on typical liberal thinking who can't
seem to describe where the money comes from so they need to
use a metaphor like "we found it".
They found it in our pockets
as opposed to? Do anybody really need it explained that govt.
either taxes or borrows?
Well, lately, they are doing the electronic equivalent of just
running the printing presses. And the world is noticing- the
exchange rates
That would be an improvement over the insane borrowing. Both
devalue the money, but the latter requires payback.
I predicted raging inflation a decade ago; how else can the U.S.
deal with the ten trillion dollar debt? Made it worth the
equivelent of 100 billion!
Remember that when your retirement plan sends you a check based on
what money is worth today, and a loaf of bread is fifty bucks....
If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...



Careful, living on the Right Side of The Pond, I invested on the
Left Side as I thought that the £ was on the way down
internationally (as it was). My original investments on the Left
Side were doing well until the crunch. I had too much in banks,
Lehman in particular. That one cost me more than an average new auto.


Well, yeah, that's the trick. if you're trying to offset a currency
that's going down by investing in a currency that's going up, or at
least not going down as much, you have to get it right.

...and if you're going to ask advice on that, you probably want to ask
someone more tapped in than I...

nate




clot August 8th 09 10:56 PM

How to kill those "Klunkers"
 
Nate Nagel wrote:
Clot wrote:
N8N wrote:
On Aug 8, 3:16 pm, aemeijers wrote:
AZ Nomad wrote:
On Sat, 08 Aug 2009 11:30:48 -0400, aemeijers
wrote:
AZ Nomad wrote:
On Sat, 8 Aug 2009 10:44:57 -0400, Ed Pawlowski
wrote:
"George" wrote in message
It was just a comment on typical liberal thinking who can't
seem to describe where the money comes from so they need to
use a metaphor like "we found it".
They found it in our pockets
as opposed to? Do anybody really need it explained that govt.
either taxes or borrows?
Well, lately, they are doing the electronic equivalent of just
running the printing presses. And the world is noticing- the
exchange rates
That would be an improvement over the insane borrowing. Both
devalue the money, but the latter requires payback.
I predicted raging inflation a decade ago; how else can the U.S.
deal with the ten trillion dollar debt? Made it worth the
equivelent of 100 billion!
Remember that when your retirement plan sends you a check based on
what money is worth today, and a loaf of bread is fifty bucks....
If you're investing in stock, especially foreign stocks, that should
actually work out OK for you.

If you have some other kind of plan... well...



Careful, living on the Right Side of The Pond, I invested on the
Left Side as I thought that the £ was on the way down
internationally (as it was). My original investments on the Left
Side were doing well until the crunch. I had too much in banks,
Lehman in particular. That one cost me more than an average new auto.


Well, yeah, that's the trick. if you're trying to offset a currency
that's going down by investing in a currency that's going up, or at
least not going down as much, you have to get it right.

...and if you're going to ask advice on that, you probably want to ask
someone more tapped in than I...



I'm not but thanks for the advise!



Douglas Johnson[_2_] August 9th 09 05:08 PM

How to kill those "Klunkers"
 
wrote:


Some of your portfolio should be in gold, ammo and MREs


Gold is useful only if there is a functioning economy that considers gold
valuable.

Ammo and MREs are useful to tide you over until you get your first crop in. But
to do that, you also need farming tools, seed, arable land, and farming skills.

-- Doug

Kurt Ullman August 9th 09 05:57 PM

How to kill those "Klunkers"
 
In article ,
Douglas Johnson wrote:

wrote:


Some of your portfolio should be in gold, ammo and MREs


Gold is useful only if there is a functioning economy that considers gold
valuable.


And only if you have it in your hot little hands when The End Comes.
I have never understood how gold held by dealer is going to do you any
good if the reason the dealer is selling it (econ collapse) comes about.


Ammo and MREs are useful to tide you over until you get your first crop in.
But
to do that, you also need farming tools, seed, arable land, and farming
skills.


Just break into your nearest hardware and you will get everything
you need for a personal plot. Since, if The End Comes parks, great
expanses of green around building, etc. will suddenly become available,
I think the land part is largely a non-issue.. outside of the deserts of
course.

--
Searching is half the fun: life is much more manageable when thought
of as a scavenger hunt as opposed to a surprise party.
Jimmy Buffett


All times are GMT +1. The time now is 07:37 PM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 DIYbanter