http://www.bizzyblog.com/2005/08/20/this-weekends-unanswered-questions-082005/ The Business End of the Blogosphere Wed, 07 Jan 2009 20:08:29 +0000 http://wordpress.org/?v=2.5 http://www.bizzyblog.com/2005/08/20/this-weekends-unanswered-questions-082005/#comment-1322 TBlumer Sat, 20 Aug 2005 17:20:32 +0000 http://www.bizzyblog.com/?p=385#comment-1322 Thanks, LB. Re #3, I'm officially getting tired of the obsession with the housing bubble and the price of gas to the exclusion of everything else. Why? Those two items represent the bad news, and I'm tired of not even hearing the good economic news, of which there is plenty. Thanks, LB. Re #3, I’m officially getting tired of the obsession with the housing bubble and the price of gas to the exclusion of everything else. Why? Those two items represent the bad news, and I’m tired of not even hearing the good economic news, of which there is plenty.

]]> http://www.bizzyblog.com/2005/08/20/this-weekends-unanswered-questions-082005/#comment-1321 LargeBill Sat, 20 Aug 2005 14:07:22 +0000 http://www.bizzyblog.com/?p=385#comment-1321 1. In a free market economy employers will only pay what is necessary to hire someone to do a particular function. To get someone to be a truck driver and be away from home most of the time it may cost more than to get someone to be a teacher. Same with entertainers/athletes less worth but you have to pay to get the best. 2. Harry Belefonte is a Marxist tool and a racist fool. 3. The pundits on CNBC and other shows debate whether there is a housing bubble. It is obvious there is but it is localized mainly on the coasts. Watch for a rise in defaults. Housing bubble won't pop like the dot-com bubble since there is intrinsic value in the home. If the value of my home fails to increase or even decreases it doesn't really matter as we plan on living here for at least 10 more years. Now, people using multiple homes as investment vehicles could get caught with their pants down. 1. In a free market economy employers will only pay what is necessary to hire someone to do a particular function. To get someone to be a truck driver and be away from home most of the time it may cost more than to get someone to be a teacher. Same with entertainers/athletes less worth but you have to pay to get the best.
2. Harry Belefonte is a Marxist tool and a racist fool.
3. The pundits on CNBC and other shows debate whether there is a housing bubble. It is obvious there is but it is localized mainly on the coasts. Watch for a rise in defaults. Housing bubble won’t pop like the dot-com bubble since there is intrinsic value in the home. If the value of my home fails to increase or even decreases it doesn’t really matter as we plan on living here for at least 10 more years. Now, people using multiple homes as investment vehicles could get caught with their pants down.

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