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-   -   TABS's Crystal Ball Is Heating Up Again (http://forums.pelicanparts.com/off-topic-discussions/427243-tabss-crystal-ball-heating-up-again.html)

Jim Richards 08-27-2008 12:21 PM

Quote:

Originally Posted by tabs (Post 4143676)
A big part of the Bull run in the 90's had to do with the Stock market being UNDERVALUED for decades because of the Cold War. When an asset is subject to instantaneous immolation it's value will be depressed. When the threat of annihilation subsided in the 90's those asset came up to fair market value. The other part was lesser military spending due to the peace dividend.

BTW: I blew a big time Stanford economist's LA TIMES Oped piece outa the water with this little gem. My little letter did get published.

Don't get too big a head, tabdulla. I think that falls under the "Everyone is Special" category. :p

tabs 08-27-2008 12:58 PM

Quote:

Originally Posted by Jim Richards (Post 4143715)
Don't get too big a head, tabdulla. I think that falls under the "Everyone is Special" category. :p


Sometimes a person might not even be special to their own Mother. What does that do to your "Everyone is special catagory?"

Heel n Toe 08-27-2008 01:11 PM

Quote:

Originally Posted by speeder (Post 4143597)
I did not say that 9/11 did not have huge effects, I said that it was not enough to sink the U.S. economy.

No, actually, that's not what you said at all... go back and read your post.

Or, just read this... I pasted it for you:

"The stock market correcting in a major way after the tech bubble did not hurt the U.S. economy much, nor did 9/11."

I'd rather not debate with someone if they keep changing what they said they said they said they said.

Is that a debate tactic, or did you confuse yourself?

Or did you change your mind?

Choose your words carefully or you end up making a mess. :D

Jim Richards 08-27-2008 01:18 PM

Quote:

Originally Posted by tabs (Post 4143803)
Sometimes a person might not even be special to their own Mother. What does that do to your "Everyone is special catagory?"

Not to worry, tabster. To us on PPOT, you'll always be "special."

rouxroux 08-27-2008 02:02 PM

Quote:

Originally Posted by Heel n Toe (Post 4143840)
No, actually, that's not what you said at all... go back and read your post.

Or, just read this... I pasted it for you:

"The stock market correcting in a major way after the tech bubble did not hurt the U.S. economy much, nor did 9/11."

I'd rather not debate with someone if they keep changing what they said they said they said they said.

Is that a debate tactic, or did you confuse yourself?

Or did you change your mind?

Choose your words carefully or you end up making a mess. :D

OMG, not ANOTHER "social experiment"....;)

speeder 08-27-2008 03:37 PM

Quote:

Originally Posted by Heel n Toe (Post 4143840)
No, actually, that's not what you said at all... go back and read your post.

Or, just read this... I pasted it for you:

"The stock market correcting in a major way after the tech bubble did not hurt the U.S. economy much, nor did 9/11."

I'd rather not debate with someone if they keep changing what they said they said they said they said.

Is that a debate tactic, or did you confuse yourself?

Or did you change your mind?

Choose your words carefully or you end up making a mess. :D

Sorry to confuse you there. I'll repeat: (The events of) 9/11/01 did not hurt the U.S. economy much, unless you include the Bush administration's brilliant response of invading Iraq to be part of the events of 9/11. I don't. That was a separate thing, and much more of a disaster.

Maybe you can list the direct results of 9/11/01 on the U.S. economy and make me look silly here. Can you? :cool:

speeder 08-27-2008 03:38 PM

Quote:

Originally Posted by rouxroux (Post 4143932)
OMG, not ANOTHER "social experiment"....;)

Your momma does social experiments. I don't. :)

sammyg2 08-27-2008 03:53 PM

Quote:

Originally Posted by speeder (Post 4142887)
I was alive when Clinton was president and both of our lives were immeasurably better than they are now. I can remember back in '92 on election night when a bunch of dumb Republicans I worked with were saying things like, "better sell our houses now," and other brilliant economic forecasts similar to Tabs' above comments.
;)

My salary has increased about 50% and my net worth has more than doubled over the past 8 years.

Thingsd weren't that bad during Clinton but I don't know how much credit he should get for that. Things were good when he took office and they were going downhill by the time he left.

I remember the carter administration. It was the worst economic time I've seen in my 47 years. Incredible amount of people out of work. Food prices climbing through the roof. Interest rates at 15% or higher. People were losing everything. No one could buy a house, few could buy a new car.
Everyone was adversely affected. I hope i never have to live through that again, which is why I am so against liberal democrats and specifically Obama.

speeder 08-27-2008 04:05 PM

[QUOTE=sammyg2;4144138] I remember the carter administration. It was the worst economic time I've seen in my 47 years. Incredible amount of people out of work. Food prices climbing through the roof. Interest rates at 15% or higher. People were losing everything. No one could buy a house, few could buy a new car. /QUOTE]

Just wait, it's stacking-up to be worse this time. And that's no matter who wins the election. Inflation right now is out-of-control. Everywhere I've gone this week it's struck me how much things are going up. Restaurants are raising their prices almost weekly it seems, like people won't notice(?) Places I've eaten at forever who almost never raised prices in the last ten years are suddenly ~50% higher. Insane. Peet's coffee raised their prices today. Combine it with gas, and everything else that needs to be transported, (that's everything). Yeah, your guy fuched the golden goose in the ass. Thanks so much for your vote(s). :mad:

speeder 08-27-2008 04:15 PM

I need to explain my anger here. I'm sitting at home surfing this goddamn board because I had to cancel my road trip. It's just too damn expensive to do w/ fuel prices where they are and no stability. (No way to predict what they will be 3 weeks from now). This has NEVER affected my decision whether to drive x-country before, including a 7k mile trip last summer in a diesel PU. (Diesel was under $3.00 then and falling). Absolutely everything is up like crazy. Food, probably motels, everything.

It would cost me $1k to drive to MN. and back in my 996 w/o any unplanned expenses+ the possibility of highway robbery speeding tickets in a "target car" unless I set cruise @ 65 mph for 2k miles. That slightly takes the fun out of "seeing the USA in your Chevrolet". Or Porsche.

A plane ticket that was always $300 or less is now $600+ charge for baggage and peanuts and coke. Are we having fun yet?? Yes, he fuched the golden goose. I don't care if I get banned for saying this right now. I really don't give a ****. I'm going anyways, but my ass really hurts.

red-beard 08-27-2008 06:22 PM

Quote:

Originally Posted by speeder (Post 4143493)
You work in the oil business in Texas, right? Must be one big fuch-dance in the end zone down there these days.

I worked in Power Generation (for GE) in the 1990s. But, yeah. With the Price of oil and gas up, we're doing great here.

bivenator 08-27-2008 07:52 PM

Well speeder, I feel your pain. However, gas prices are about as low as they have been in some time. Gas up and go. What the heck, surfing PPOT seems to not satisfy. Turn up the music, push on the pedal and forget.

rouxroux 08-27-2008 08:09 PM

Quote:

Originally Posted by speeder (Post 4144121)
Your momma does social experiments. I don't. :)

Are'nt you the cute little piece of work? And yes...if you will take a look at airline stocks post-9/11 and still keep your smug little grin, you are very uninformed.

Bah, bah Mr. Sheep...Remind me of this post whenever we meet for a drink.

tabs 08-27-2008 08:43 PM

Everrything the US is going through financially can be tied right back to 911. It was the Fed that dropped interest rates 7 times to 1% to keep the system liquid, GM to 0% financing, 80B lent to European banks...

It was the need for low interest rates that ultimately led to the Investment companys wanting to beat the spread and eventually they got greedy. But it was that 1% rate that got us to where we are today.

speeder 08-27-2008 10:08 PM

Quote:

Originally Posted by rouxroux (Post 4144612)

Bah, bah Mr. Sheep...Remind me of this post whenever we meet for a drink.

I doubt we'll ever meet for a drink, tough guy. What's the matter, you can dish it out but can't take it? "Social experiment" is the lowest thing you can accuse someone of on this board, so go fk yourself. :)

island911 08-27-2008 10:19 PM

Quote:

Originally Posted by sammyg2 (Post 4144138)
My salary has increased about 50% and my net worth has more than doubled over the past 8 years.
....

Same here...

I expect those who spend their time angrily moaning "Bush caused _____" haven't been doing so well.

Rick Lee 08-27-2008 10:23 PM

Quote:

Originally Posted by speeder (Post 4144792)
I doubt we'll ever meet for a drink, tough guy. What's the matter, you can dish it out but can't take it? "Social experiment" is the lowest thing you can accuse someone of on this board, so go fk yourself. :)

I sense a pimp slap coming.

rouxroux 08-28-2008 04:03 AM

Quote:

Originally Posted by speeder (Post 4144792)
I doubt we'll ever meet for a drink, tough guy. What's the matter, you can dish it out but can't take it? "Social experiment" is the lowest thing you can accuse someone of on this board, so go fk yourself. :)

Oh yes, "I" can take it. It really is amusing that your true colors come through when you get "mad" and "upset". "tough guy"? What even gave you that thought? I'd rather meet a man in person to judge his mettle.

"Lowest thing I can accuse someone on this board"? Sorry pal, no internet warrior here. I don't whisper things in the dark that I would not shout in the day.

Doubt we'll ever meet for a drink? Your loss. I'd give you the opportunity to have the last word...which in your case an apology would be a great idea. Then I'd just slap you on the back and we'd probably be best friends...You see, folks from down here are like that...Very friendly.

nynor 08-28-2008 11:03 AM

Quote:

Originally Posted by tabs (Post 4142934)
One can never underestimate the predictability of stupidity. Does one think that when a President snaps his fingers the effects of policy are felt immediatley? Or is it more likely that with an economy the size of the US and now world that the effects of policy takes years to show up?

Much of the the Clinton Good Years had to do with 3 things

1. Regan and Bush the Elder's policies that were put into place took time to come to frution.

2. The end of the Cold War allowed not only for a boost to the economy via a reduction in military spending a peace dividend as it were, but also the fact that formerly depressed assets rose to fair market value.

3. After 2 years in office (1994) the Dems lost their majority in Congress and a new Republican majority held Clinton's feet to the fire of fiscal responsibility. Thus creating a surplus.

4. Clinton economic and foreign policies came home to roost after Clinton left office. Does one think that the seeds of Enron were first sown during the Bush Admin? 911 was in the planning for at least 2 years beofre Bush the Younger took office.

thanks, tabs. this is the exact argument i use with my democrat friends when they pull out the dem nitwit-line that clinton was a god. he did a lot of nothing but sit back and enjoy the ride and his intern. i constantly have to remind them that the stock market made a huge downward shift well before the election that GW won (i lost $28K in one day, which was pretty much my whole wad) and they still manage to convince themselves that GW was responsible for THAT even though the election hadn't even occurred.

speeder 08-28-2008 01:01 PM

Quote:

Originally Posted by rouxroux (Post 4144984)
Oh yes, "I" can take it. It really is amusing that your true colors come through when you get "mad" and "upset". "tough guy"? What even gave you that thought? I'd rather meet a man in person to judge his mettle.

"Lowest thing I can accuse someone on this board"? Sorry pal, no internet warrior here. I don't whisper things in the dark that I would not shout in the day.

Doubt we'll ever meet for a drink? Your loss. I'd give you the opportunity to have the last word...which in your case an apology would be a great idea. Then I'd just slap you on the back and we'd probably be best friends...You see, folks from down here are like that...Very friendly.

I don't know if my "true colors" are what I say in reaction to an insult, but I will apologize to you publicly here. Whatever you said that offended me does not excuse my immature and "over the line" remark. I would delete it since it is undignified, but it would do no good once it's been quoted. I took grave offense when the tables were turned and someone mentioned my mother here once, (in a much cruder way, I might add), and I hope that I don't ever meet him in person. I am sorry.

The level of discourse is so low here at times that it becomes a game of trying to catch someone in the slightest contradiction when the intent of their argument is clear. I truly believe that 8 years of Bush/Cheney has damaged this country beyond what I'd have thought possible in 2000, I really wasn't that bent out of shape when he "won" the vote count because the USA was in such great shape and how bad could he be? As horrible as 9/11 was, (and it was horrible), the response was worse and more damaging, IMO. You are of course free to disagree and vote for whomever you wish.

There are a few people here whose entire debating technique consists of a really nasty sarcasm that is employed no matter how little meat there is in their actual viewpoint or argument. It gets tiring, but obviously no one is holding a gun to my head forcing me to read this board and post. I've had a lot of fun here and met plenty of cool people or I would not be here. The tone of your last response shows me that I was wrong and that you are someone I would enjoy meeting. FWIW, I don't consider myself a keyboard warrior pussy and I have been known to speak my mind in public, but generally people are a whole lot more polite in person. Including me. :)

So once again, I hope that you accept my sincere apology and have a great day. :cool:


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