Comments on: Crack of Doom: Need to Save? Look to the Military http://housingdoom.com/2009/02/09/crack-of-doom-need-to-save-look-to-the-military/ Thu, 24 May 2012 17:28:21 +0000 hourly 1 http://wordpress.org/?v= By: Yossarian http://housingdoom.com/2009/02/09/crack-of-doom-need-to-save-look-to-the-military/#comment-15609 Yossarian Tue, 10 Feb 2009 04:57:30 +0000 http://housingdoom.com/?p=2023#comment-15609 Hi, Surak: I'm here. Just haven't had much to say.... I've been absorbing a lot of the new policy stuff. I was at a teacher's union dinner last week where the Oregon Governor spoke (I sat at the Secretary of State's table) ... he had gone to the same Paul Krugman lecture I had ... he was quoting Krugman, shaking his head and saying, "It's going to be years before we recover significantly.." Boy, when the Guv is starting to quote people I have always read and respected... it's good.. AND bad. Everyone wants to see what's in the Obama stimulus package, and what the states are actually going to get. Hunger. Lots of hunger for news, new numbers... I see a lot of delayed CRE projects here in Oregon... Right now, that's kind of all I can say. Oh, yeah, and Schiff is pretty much correct .... but he really did NOT do a great job prepping his client's portfolios. Hell, I was only off 2 percent last year, and I mostly just went long Treasuries. Hi, Surak: I’m here. Just haven’t had much to say….

I’ve been absorbing a lot of the new policy stuff. I was at a teacher’s union dinner last week where the Oregon Governor spoke (I sat at the Secretary of State’s table) … he had gone to the same Paul Krugman lecture I had … he was quoting Krugman, shaking his head and saying, “It’s going to be years before we recover significantly..” Boy, when the Guv is starting to quote people I have always read and respected… it’s good.. AND bad.

Everyone wants to see what’s in the Obama stimulus package, and what the states are actually going to get. Hunger. Lots of hunger for news, new numbers… I see a lot of delayed CRE projects here in Oregon…

Right now, that’s kind of all I can say.

Oh, yeah, and Schiff is pretty much correct …. but he really did NOT do a great job prepping his client’s portfolios. Hell, I was only off 2 percent last year, and I mostly just went long Treasuries.

]]> By: surak http://housingdoom.com/2009/02/09/crack-of-doom-need-to-save-look-to-the-military/#comment-15608 surak Mon, 09 Feb 2009 23:57:22 +0000 http://housingdoom.com/?p=2023#comment-15608 John, I agree with Schiff on a lot of things. I have not heard from Yossarian in awhile?? John,

I agree with Schiff on a lot of things.

I have not heard from Yossarian in awhile??

]]> By: Coop http://housingdoom.com/2009/02/09/crack-of-doom-need-to-save-look-to-the-military/#comment-15607 Coop Mon, 09 Feb 2009 23:52:20 +0000 http://housingdoom.com/?p=2023#comment-15607 Ah Yes - I hope he makes a ton of money on his book. I guess we must all follow some guru ---if we can't think for ourselves. He has some good ideas to be sure. As he has said, some people that invested late lost money. That's why the disclaimer appears on each investment brochure. ... "Past performance does not guarantee future results." You have to know when to hold 'em and know when to fold 'em. Take a little off the table and play with the house's money. I'll say this. The gentleman sure seems to like controversy. I'm thinking it might run in the family. http://en.wikipedia.org/wiki/Irwin_Schiff Ah Yes – I hope he makes a ton of money on his book. I guess we must all follow some guru —if we can’t think for ourselves. He has some good ideas to be sure. As he has said, some people that invested late lost money.
That’s why the disclaimer appears on each investment brochure. … “Past performance does not guarantee future results.” You have to know when to hold ‘em and know when to fold ‘em. Take a little off the table and play with the house’s money.

I’ll say this. The gentleman sure seems to like controversy. I’m thinking it might run in the family.
http://en.wikipedia.org/wiki/Irwin_Schiff

]]> By: toysarefun http://housingdoom.com/2009/02/09/crack-of-doom-need-to-save-look-to-the-military/#comment-15606 toysarefun Mon, 09 Feb 2009 15:30:40 +0000 http://housingdoom.com/?p=2023#comment-15606 It is great that people understand saving again, to bad so many are to stretched. I can see why everyone hates Schiff so much, he's anti-over-consumption. Military spending was only about 1.5 trillion last year, seems like allot. It is great that people understand saving again, to bad so many are to stretched. I can see why everyone hates Schiff so much, he’s anti-over-consumption.

Military spending was only about 1.5 trillion last year, seems like allot.

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