URGENT: Gunmen storm three police buildings in a simultaneous attack in Lahore, killing 27, after homicide bomb outside police station in the northwest kills 10.
President Obama on Wednesday attempted to preempt the announcement that Social Security recipients will not get an increase in their benefit checks for the first time in three decades, encouraging Congress to provide a one-time payment of $250 to help seniors and disabled Americans weather the recession.
While the United States and European powers call for greater pressure behind demands that Tehran be transparent about its nuclear plans, Wen's comments suggested Beijing remained unwilling to risk its oil and investment ties with Iran by backing such demands.
Susan Dudley, an evolutionary plant ecologist at McMaster University in Hamilton, Ontario, and her colleagues observed that when siblings are grown next to each other in the soil, they “play nice” and don't send out more roots to compete with one another.
However, the moment one of the plants is thrown in with strangers, it begins competing with them by rapidly growing more roots to take up the water and mineral nutrients in the soil.
The Dangers of a Value-Added Tax Our own simple general equilibrium model suggests that about 33% of the VAT tax is borne by people in proportion to their relative wage levels, about 17% in proportion to their capital, and about 50% in proportion to their consumption. Federal, state and municipal employees escape the implicit wage tax, but otherwise, the VAT is predominantly a tax on middle-class and upper-income earners and consumers.
Helen Thomas, truth-teller: ...So imagine the shock in San Francisco the other night when Thomas hauled off and told an audience that President Obama "lacks courage."
-----There was a gasp in the crowd when the veteran reporter, who's covered and stuck her thumb in the eye of 10 presidents from her front row White House briefing room seat, made that comment yesterday....
Carl(inJerusalem)'s comment on the story: I'll tell you a secret folks. I haven't asked anyone in the IDF, and I'm sure if I did the response would either be 'no comment' or a comment off the record, but I will guarantee you that the IDF already has elite forces on the ground in Iran and probably has at least since June.
LoL ... thanks for the music ... wish we could get a No Rain dance going ... so so tired of the rain almost every day ... btw ... are you keeping the Cranky Flakes avatar for the duration ...
The latest Rasmussen Reports telephone survey of Pennsylvania voters shows 45% would vote for Toomey if the election were held today. Forty percent (40%) would vote for Specter, while six percent (6%) prefer a third option. Nine percent (9%) are undecided.
If Sestak wins the Democratic nomination, however, the race is a toss-up: 38% for Sestak and 37% for Toomey. In August, Sestak trailed Specter by 13 points in the race for the nomination. Rasmussen Reports will release new numbers in the Specter-Sestak race tomorrow at 7 am EDT.
Of course by 2010 there just MAY be a serious backlash against Democrats...
New prime-time program on Ankara's state-sponsored channel TRT1 depicts monstrous image of Israeli military as bloodthirsty, murderous. Foreign Minister Lieberman summons acting Turkish ambassador following Ynet report, says 'This is a serious case of state-sponsored incitement'
The market was up about 1.5% yesterday based some company profit numbers that were a bit better than awful.
Some money is going back into the market just cause they are tired of sitting on the sidelines.
There is some hiring going on out there but it is mostly for jobs that are little better than minimum wage. That means that many folks will find that staying on unemployment is preferable for the time being than going back to work at low wage jobs. Therefore, do not expect to see an improvement to the unemployment situation out there.
And no one is immune to the lay off threat by the way. I know of attorneys who have been layed off, CPA's given the axe, I know of one University that has chopped the number of their tenured positions as people retire and is considering actually shutting down one entire academic department (that loses a lot of money) cause they just cannot afford to carry them anymore. The reduction of scholarship money from the State is going to have a profound impact on upper education in many states.
It's official, seniors getting the shaft: Social Security to Make it Official: No COLA
"The Social Security Administration makes it official Thursday: There will be no cost of living increase for Social Security recipients next year, the first year without one since automatic adjustments were adopted in 1975."
Why?
"Blame falling consumer prices for no automatic increase next year. By law, Social Security's cost-of-living adjustment, or COLA, is pegged to inflation, which was negative this year, due largely to falling energy costs."
But yet their medicare costs are being increased,
Hey seniors, are you noticing a pattern yet under Obama?
Morons in the media whistling in the dark about inflation.
Prices in U.S. Probably Climbed at Slower Pace in September
"Oct. 15 (Bloomberg) -- Prices paid by U.S. consumers probably rose at a slower pace in September, showing inflation will not be a threat as the economy emerges from the recession, economists said before reports today.
The cost of living may have risen 0.2 percent after increasing 0.4 percent in August, according to the median of 79 projections in a Bloomberg News survey. Other reports may show manufacturing in the New York and Philadelphia regions continued to expand this month.
The worst economic slump since the 1930s has left unemployment at a 26-year high and record levels of homes sitting vacant, signaling companies and landlords will hold the line on prices in coming months. The lack of inflation may give the upper hand to the Federal Reserve policy makers who’ve said the central bank can keep interest rates low for a long time."
Ummm, measurable inflation is low right now cause almost 15 million people are out of work and so discretionary income and aggregate demand are down, you twits. Also, companies are cutting way back on production capacity to cut operation costs. Inventories are way down, capital equipment purchases are down, office space rental is way down. So when things do turn around, it will be very hard to jump production capacity quickly.
When employment starts inching backup, and it eventually will, you will see inflation go into double digits.
Uh oh, bad news for Obama. The Fed is NOT shilling for Obama anymore. Get this: Fed Officials Question Expansion’s Durability, Discuss More Aid
"Oct. 15 (Bloomberg) -- Federal Reserve policy makers doubted the durability of the recovery and for the first time signaled they were open to boosting purchases of mortgage bonds to further prop up the housing market.
Some Federal Open Market Committee members argued that expanding their purchases above $1.25 trillion might help to “reduce economic slack more quickly,” according to minutes of the Federal Open Market Committee’s Sept. 22-23 meeting released yesterday in Washington.
Policy makers considered a relapse into recession a bigger risk than a near-term rise in prices, the minutes show. They predicted “cautious” consumer spending, business investment and hiring. If those conditions persist into 2010, the Fed may extend the housing-debt purchase program beyond its current March 31 end-date, economists said."
if this holds true, the Democrats are going to have a hard time next fall in the elections.
That tells me that the MSM will launch even harsher all out attacks on anybody and every body who is not as shameless a sycophant for the Democrats as they are.
Look for even more bashing of Limbaugh, FOX news, Bush, Palin, Beck, O'Reilly, Levin, Hannity, people of faith, Wall Street, and business in general and anybody who disagrees with them.
Any Republican who tries to take a leadership role on the national scene will be targeted for personal destruction.
The MSM is all in on this. They are active participants, using their media to accomplish their political agenda.
"What can a regular family do to prepare for inflation? Is reducing debt the best hedge to inflation?
Top"
Great question.
First, make sure your retirement investments are diversified, with maybe a weighting towards gold and commodities do help keep your purchasing power.
Second, if you have to have debt, lock in the low rates of right now.
Third, if you have big purchases to make in the next 5 years and have a stable job, make the purchase now before prices start escalating.
Fourth, (and this has some risk to it) you might consider locking in a personal line of credit at your local bank if you can lock in low rates, to set yourself up for potentially being able to legally arbitrage down the road. In other words, you might be able to set yourself up where you can borrow money at say, 5%, and invest it in a year or two at 8% or 9% and pocket the difference at no risk.
Now, the will be annual"availability" fee for that line of credit even if you do not use it, but it is worth thinking about.
Obama Becomes Target on Afghan Troop Review as Pressure Rises
"Oct. 15 (Bloomberg) -- President Barack Obama’s methodical review of Afghanistan war strategy has made him the target of criticism from Republicans and intensified lobbying from advocates and opponents of more U.S. troops.
Obama held the fifth in a series of White House Situation Room meetings with advisers on Afghanistan yesterday, and plans another next week. The president, a former law instructor, poses rigorous questions and encourages robust arguments at the sessions, senior adviser David Axelrod said.
“This is a ferociously difficult issue, and it bears a lot of thought and reflection and review,” Axelrod said in an interview. “Every assumption needs to be tested.”
The measured approach holds advantages and risks. Obama’s advisers say it will help convince a war-weary public to support his ultimate decision.
At the same time, it has subjected him to mounting pressure from different sides of the debate over force levels -- and complaints from Republicans who had supported Obama when he added troops in March."
Hey Obama, it's simple. Either let our troops go all out to win it or get our troops out.
littleoldlady, I love your icon. Haven't seen Cranky Flakes in a while! I stopped in yesterday, too, but I can already tell that I won't last long, darn it. It's good to see this place is going strong! Must be that yummy fruitcup! ! !
A "bright spot"... I have to buy a new HVAC unit so I'll be getting a rebate of $1,500 of my own money! Isn't that way cool?
3 wood, Fourth, (and this has some risk to it) you might consider locking in a personal line of credit at your local bank if you can lock in low rates, to set yourself up for potentially being able to legally arbitrage down the road. In other words, you might be able to set yourself up where you can borrow money at say, 5%, and invest it in a year or two at 8% or 9% and pocket the difference at no risk.
I was able to convinced my sweetie to do this just last month. Her pruse strings are better than any vault ever built. This has really been good for us over the last few years though!
littleoldlady and if'n I had the money I'd have been more excited. ;-) I'd already promised to loan my son some money next week so he can get into his first house, and he will get some stimulus $, too. Ouch.
Help yourselves!
Evening, littleoldlady, and thanks for the fruitcup!
ReplyDeleteBatGuano has left for the night, but asked me to say hi to you for him.
What the heck is today?! Oh...
ReplyDeleteHAPPY THURSDAY!
Hey Pi Guy! :-)
ReplyDelete(Hi BatGuano!)
I almost didn't post fruitcup on time thanks to your last link...
:-)
I got you stuck on eBay?
ReplyDeleteI love the Weird Al song but I've never seen it "presented" in quite that way before...
ReplyDeletelittleoldlady said...
ReplyDeleteWhat the heck is today?! Oh...
HAPPY THURSDAY!
Happy Thor's day!
morning littleoldlady, Pi Guy. So Happy It's Thursday. :)
ReplyDeleteMorning, P2!
ReplyDeleteMornin Lol :) Pi, Phil..
ReplyDeleteThank you....
ReplyDeleteURGENT: Gunmen storm three police buildings in a simultaneous attack in Lahore, killing 27, after homicide bomb outside police station in the northwest kills 10.
Bad magumbo in Pakistan...
Yeah, it's supposed to rain today...
ReplyDeletePhil! :-)
ReplyDeleteenuff! :-)
Jack! :-)
'Twas on a Holy Thursday...
ReplyDeleteMorning, enuff & Jack!
ReplyDeleteMorning Jack...attacks on 4 security centers in Lahore area.
ReplyDelete...but not to worry Kerry and Holbrooke are heading to Pakistan to sort things out.
Supposed to rain pretty good for the Angels/Yankees series, I doubt they get the first couple games in until Sunday...
ReplyDeletelittleoldlady said...
ReplyDeleteYeah, it's supposed to rain today...
Thor just handles the lightning. You'll have to blame the rain on Freyr.
"I'm Thor!"
ReplyDelete"Really? I'm tho thorry. Thow me where it hurth..."
What aboutthe Phillies/Dodgers game?
ReplyDeletePi Guy,
ReplyDeleteI see the news is getting to you, too...
;-)
Phillies/Dodgers should be good to go. It's going to be in the 90s over the weekend here.
ReplyDeletelittleoldlady said...
ReplyDeleteWhat aboutthe Phillies/Dodgers game?
Like the old saying: Those who lie down with Dodgers, wake up with Phillies.
Social Security to make it official: No COLA
ReplyDeleteMix in a little hyper-inflation and we really WILL see people dying in the streets of America...
:-(
littleoldlady said...
ReplyDeletePi Guy,
I see the news is getting to you, too...
;-)
Yep, today is just a silly day for me.
:)
Jack,
ReplyDeleteGAH! Our guys were just getting used to 40° weather!
Nobel Peace Prize winner, President Barack Obama invents the bandaid.
ReplyDeletePresident Obama on Wednesday attempted to preempt the announcement that Social Security recipients will not get an increase in their benefit checks for the first time in three decades, encouraging Congress to provide a one-time payment of $250 to help seniors and disabled Americans weather the recession.
Like the old saying: Those who lie down with Dodgers, wake up with Phillies.
ReplyDelete...LOL!
I did not know there was such a thing as "federal math tests"!
ReplyDeleteAnd the wheels on the bus go 'round and 'round...
ReplyDeleteObama's New Pastor Views Islam as Violent Faith
What could go wrong?
ReplyDeleteChinese Premier hails cooperation with Iran
While the United States and European powers call for greater pressure behind demands that Tehran be transparent about its nuclear plans, Wen's comments suggested Beijing remained unwilling to risk its oil and investment ties with Iran by backing such demands.
littleoldlady said...
ReplyDeleteI did not know there was such a thing as "federal math tests"!
The tests show absolutely no understanding of basic mathematics present in Washington, D.C., as well.
;)
I see the news is still gloomy. :(
ReplyDelete/even the Canadian Dollar reaching parity with the American sounds bad.
Hello sistah, hello brudder!
ReplyDeletePlants Recognize Siblings: ID System In Roots
Susan Dudley, an evolutionary plant ecologist at McMaster University in Hamilton, Ontario, and her colleagues observed that when siblings are grown next to each other in the soil, they “play nice” and don't send out more roots to compete with one another.
However, the moment one of the plants is thrown in with strangers, it begins competing with them by rapidly growing more roots to take up the water and mineral nutrients in the soil.
I find this strangely frightening.
/too many sci-fi movies on TV I guess... ;-)
PaladinPhil said...
ReplyDeleteI see the news is still gloomy. :(
/even the Canadian Dollar reaching parity with the American sounds bad.
Don't despair! The Country's In The Very Best of Hands!
Pi Guy!
ReplyDeleteYES! Great idea! Let's give that test to Congress!
/BEFORE they're allowed to take office
Well, my eyelids are getting heavy.
ReplyDeleteGoodnight, all!
OY. Lawrence Welk!?
ReplyDelete'Night, Pi Guy! :-)
Night Pi Guy, weet dreams.
ReplyDeleteMorning Ya'll ... and hey ... can someone please turn off the rain already? ... must get coffee downstairs ... brb ...
ReplyDelete/keep ya mitts off the kiwi while I am gone ...
Hiya, ZZ! :-)
ReplyDeleteVAT's dat?!
ReplyDeleteThe Dangers of a Value-Added Tax
Our own simple general equilibrium model suggests that about 33% of the VAT tax is borne by people in proportion to their relative wage levels, about 17% in proportion to their capital, and about 50% in proportion to their consumption. Federal, state and municipal employees escape the implicit wage tax, but otherwise, the VAT is predominantly a tax on middle-class and upper-income earners and consumers.
What if the rich refuse to be eaten?
Helen Thomas, truth-teller: ...So imagine the shock in San Francisco the other night when Thomas hauled off and told an audience that President Obama "lacks courage."
ReplyDelete-----There was a gasp in the crowd when the veteran reporter, who's covered and stuck her thumb in the eye of 10 presidents from her front row White House briefing room seat, made that comment yesterday....
What's the world coming to? lol
He's just not that into you...
ReplyDeleteObama poses as the multilateralist, defers to the United Nations and has criticized ossified Cold War-era alliances. Judging by his actions and words, Obama views American habitual protection of an allied but military defenseless Europe as, well, kind of passé.
So get a grip, Europe. Stop it with both the silly fits and the lavish presents. You see, Obama's America is just not that into you.
Be careful what you wish for...
enuff,
ReplyDeleteLOL! I wonder if/when Helen will realize that Obama lacks other things as well?
enuf ... good morning ... lol ... guess we will need to buy ole Helen a round in the Pub for that ...
ReplyDeleteThe part about the statement, she has been front row for ten presidents. :p
ReplyDelete/now according to my calculations that's almost 50 years
PIMF the part about the statement that scares me I meant.
ReplyDelete/need more coffee
This cracked me up earlier...
ReplyDeleteIsrael's plans vis a vis Iran leaked by...French food manufacturer?!
Carl(inJerusalem)'s comment on the story:
I'll tell you a secret folks. I haven't asked anyone in the IDF, and I'm sure if I did the response would either be 'no comment' or a comment off the record, but I will guarantee you that the IDF already has elite forces on the ground in Iran and probably has at least since June.
Bet on it.
Phil,
ReplyDeleteShe's 89!
/Senior Power! ;-)
lol: and she doesn't look a day over 70. ;)
ReplyDelete/oh, I am so going to hell for that one.
Just don't let Desert Sage hear you say that! ;-)
ReplyDeleteMusical interlude
ReplyDeleteVariation on a theme
ReplyDeleteLoL ... thanks for the music ... wish we could get a No Rain dance going ... so so tired of the rain almost every day ... btw ... are you keeping the Cranky Flakes avatar for the duration ...
ReplyDeleteZZ,
ReplyDeleteNah. I'm trying to come up with something new for the "real" site, and keep Cranky Flakes for special occasions.
;-)
I'm not a big fan of rain, but PRE-rain is physically painful. So, last one, I promise! ;-)
WOW. Specter is losing all around in PA
ReplyDeleteThe latest Rasmussen Reports telephone survey of Pennsylvania voters shows 45% would vote for Toomey if the election were held today. Forty percent (40%) would vote for Specter, while six percent (6%) prefer a third option. Nine percent (9%) are undecided.
If Sestak wins the Democratic nomination, however, the race is a toss-up: 38% for Sestak and 37% for Toomey. In August, Sestak trailed Specter by 13 points in the race for the nomination. Rasmussen Reports will release new numbers in the Specter-Sestak race tomorrow at 7 am EDT.
Of course by 2010 there just MAY be a serious backlash against Democrats...
Oil is up to +$75/barrel.
ReplyDelete/lovely
well, I am off to work. Maybe I can find a muse on the walk, and break a small writers block. see you all in a little while.
ReplyDeleteSee ya, Phil.
ReplyDelete/when you find that muse, ask if she's got a sister...
Did I post this yesterday?"
ReplyDelete/part of the DUH Series?
CBO Says Climate Bill Will Hurt Not Help Economy
Turkish TV show has IDF soldiers 'killing' Palestinian kids
ReplyDeleteNew prime-time program on Ankara's state-sponsored channel TRT1 depicts monstrous image of Israeli military as bloodthirsty, murderous. Foreign Minister Lieberman summons acting Turkish ambassador following Ynet report, says 'This is a serious case of state-sponsored incitement'
Pass the Cranky Flakes, please.
Morning all. Lucius, always generous, sent the rain up from Georgia.
ReplyDeleteGray, chilly day here in the close in DC 'burbs.
Fruitcup. Mmmmmmm.
Morning, LoL.
ReplyDeleteIt's Squatch Friday!
(I only work 4 days/week)
Good morning, Jim! :-)
ReplyDeleteThen YOU, of course, will send that stuff HERE. :-/
Squatch Friday!
Sounds like there should be a recipe for that... ;-)
Hey Squatch!
ReplyDeleteGood morning.
ReplyDeleteThe market was up about 1.5% yesterday based some company profit numbers that were a bit better than awful.
Some money is going back into the market just cause they are tired of sitting on the sidelines.
There is some hiring going on out there but it is mostly for jobs that are little better than minimum wage. That means that many folks will find that staying on unemployment is preferable for the time being than going back to work at low wage jobs. Therefore, do not expect to see an improvement to the unemployment situation out there.
And no one is immune to the lay off threat by the way. I know of attorneys who have been layed off, CPA's given the axe, I know of one University that has chopped the number of their tenured positions as people retire and is considering actually shutting down one entire academic department (that loses a lot of money) cause they just cannot afford to carry them anymore. The reduction of scholarship money from the State is going to have a profound impact on upper education in many states.
Morning, JiV.
ReplyDeleteDid any of you hear about this mess ?
"Everybody was like, 'I still want my free stuff,' and that started the riot," he said. "It looks like (Hurricane) Katrina went through the store."
Katrina ? I'd change that to Obama voters myself, heh.
Sounds like there should be a recipe for that... ;-)
ReplyDeleteLightly breaded, sauteed in wine.
It's official, seniors getting the shaft:
ReplyDeleteSocial Security to Make it Official: No COLA
"The Social Security Administration makes it official Thursday: There will be no cost of living increase for Social Security recipients next year, the first year without one since automatic adjustments were adopted in 1975."
Why?
"Blame falling consumer prices for no automatic increase next year. By law, Social Security's cost-of-living adjustment, or COLA, is pegged to inflation, which was negative this year, due largely to falling energy costs."
But yet their medicare costs are being increased,
Hey seniors, are you noticing a pattern yet under Obama?
How's the hope and change working out for you?
I need to get ready for the days labors myself.
ReplyDeleteSee you in a bit.
'Morning 3 wood.
ReplyDelete/notice there was no "Good" in there.
//nothing personal...I've just been reading the news :-(
Morons in the media whistling in the dark about inflation.
ReplyDeletePrices in U.S. Probably Climbed at Slower Pace in September
"Oct. 15 (Bloomberg) -- Prices paid by U.S. consumers probably rose at a slower pace in September, showing inflation will not be a threat as the economy emerges from the recession, economists said before reports today.
The cost of living may have risen 0.2 percent after increasing 0.4 percent in August, according to the median of 79 projections in a Bloomberg News survey. Other reports may show manufacturing in the New York and Philadelphia regions continued to expand this month.
The worst economic slump since the 1930s has left unemployment at a 26-year high and record levels of homes sitting vacant, signaling companies and landlords will hold the line on prices in coming months. The lack of inflation may give the upper hand to the Federal Reserve policy makers who’ve said the central bank can keep interest rates low for a long time."
Ummm, measurable inflation is low right now cause almost 15 million people are out of work and so discretionary income and aggregate demand are down, you twits. Also, companies are cutting way back on production capacity to cut operation costs. Inventories are way down, capital equipment purchases are down, office space rental is way down. So when things do turn around, it will be very hard to jump production capacity quickly.
When employment starts inching backup, and it eventually will, you will see inflation go into double digits.
"Morning 3 wood.
ReplyDelete/notice there was no "Good" in there.
//nothing personal...I've just been reading the news :-("
Well, the way I look at it is that any morning I wake up, things are pretty good to start with.
But I know what you mean.
3 wood,
ReplyDeleteHow do you figure that employment will go back up? I'm trying to find any reason for that to happen.
/higher taxes, they're a comin'!
3 wood said...
ReplyDeleteWhen employment starts inching backup, and it eventually will, you will see inflation go into double digits.
This will hit those trying to get back on their feet the hardest slowing the recovery even more.
What can a regular family do to prepare for inflation? Is reducing debt the best hedge to inflation?
Top
'Morning, Top!
ReplyDeleteUh oh, bad news for Obama. The Fed is NOT shilling for Obama anymore. Get this:
ReplyDeleteFed Officials Question Expansion’s Durability, Discuss More Aid
"Oct. 15 (Bloomberg) -- Federal Reserve policy makers doubted the durability of the recovery and for the first time signaled they were open to boosting purchases of mortgage bonds to further prop up the housing market.
Some Federal Open Market Committee members argued that expanding their purchases above $1.25 trillion might help to “reduce economic slack more quickly,” according to minutes of the Federal Open Market Committee’s Sept. 22-23 meeting released yesterday in Washington.
Policy makers considered a relapse into recession a bigger risk than a near-term rise in prices, the minutes show. They predicted “cautious” consumer spending, business investment and hiring. If those conditions persist into 2010, the Fed may extend the housing-debt purchase program beyond its current March 31 end-date, economists said."
if this holds true, the Democrats are going to have a hard time next fall in the elections.
That tells me that the MSM will launch even harsher all out attacks on anybody and every body who is not as shameless a sycophant for the Democrats as they are.
Look for even more bashing of Limbaugh, FOX news, Bush, Palin, Beck, O'Reilly, Levin, Hannity, people of faith, Wall Street, and business in general and anybody who disagrees with them.
Any Republican who tries to take a leadership role on the national scene will be targeted for personal destruction.
The MSM is all in on this. They are active participants, using their media to accomplish their political agenda.
Look for even more bashing of Limbaugh, FOX news, Bush, Palin, Beck, O'Reilly, Levin, Hannity, people of faith, Wall Street, and business in general
ReplyDeleteThey may have bit off more than they can chew this time...
{littleoldlady}
ReplyDeleteI see my ability to shut down a thread continues!
;-)
Top
{littleoldlady}!
ReplyDeleteI am up early enough for the fruit cup! Just like the good old days. How are you?
"What can a regular family do to prepare for inflation? Is reducing debt the best hedge to inflation?
ReplyDeleteTop"
Great question.
First, make sure your retirement investments are diversified, with maybe a weighting towards gold and commodities do help keep your purchasing power.
Second, if you have to have debt, lock in the low rates of right now.
Third, if you have big purchases to make in the next 5 years and have a stable job, make the purchase now before prices start escalating.
Fourth, (and this has some risk to it) you might consider locking in a personal line of credit at your local bank if you can lock in low rates, to set yourself up for potentially being able to legally arbitrage down the road. In other words, you might be able to set yourself up where you can borrow money at say, 5%, and invest it in a year or two at 8% or 9% and pocket the difference at no risk.
Now, the will be annual"availability" fee for that line of credit even if you do not use it, but it is worth thinking about.
J.D.! w00t! :-)
ReplyDeleteI'm SO glad you feel well enough to post. I've missed you!
Obama Becomes Target on Afghan Troop Review as Pressure Rises
ReplyDelete"Oct. 15 (Bloomberg) -- President Barack Obama’s methodical review of Afghanistan war strategy has made him the target of criticism from Republicans and intensified lobbying from advocates and opponents of more U.S. troops.
Obama held the fifth in a series of White House Situation Room meetings with advisers on Afghanistan yesterday, and plans another next week. The president, a former law instructor, poses rigorous questions and encourages robust arguments at the sessions, senior adviser David Axelrod said.
“This is a ferociously difficult issue, and it bears a lot of thought and reflection and review,” Axelrod said in an interview. “Every assumption needs to be tested.”
The measured approach holds advantages and risks. Obama’s advisers say it will help convince a war-weary public to support his ultimate decision.
At the same time, it has subjected him to mounting pressure from different sides of the debate over force levels -- and complaints from Republicans who had supported Obama when he added troops in March."
Hey Obama, it's simple. Either let our troops go all out to win it or get our troops out.
Stop hanging them out to dry like this.
littleoldlady, I love your icon. Haven't seen Cranky Flakes in a while! I stopped in yesterday, too, but I can already tell that I won't last long, darn it. It's good to see this place is going strong! Must be that yummy fruitcup! ! !
ReplyDeleteA "bright spot"... I have to buy a new HVAC unit so I'll be getting a rebate of $1,500 of my own money! Isn't that way cool?
;-)
3 wood,
ReplyDeleteFourth, (and this has some risk to it) you might consider locking in a personal line of credit at your local bank if you can lock in low rates, to set yourself up for potentially being able to legally arbitrage down the road. In other words, you might be able to set yourself up where you can borrow money at say, 5%, and invest it in a year or two at 8% or 9% and pocket the difference at no risk.
I was able to convinced my sweetie to do this just last month. Her pruse strings are better than any vault ever built. This has really been good for us over the last few years though!
Thanks for your reply!!
Top
New thread.
ReplyDelete/move it!
Killian,
ReplyDeleteHead 'em up... move 'em out...
J.D.
ReplyDeleteA "bright spot"... I have to buy a new HVAC unit so I'll be getting a rebate of $1,500 of my own money! Isn't that way cool?
Life is Good
/if'n I had the money I'd buy windows! ;-)
Hurry up guys, I am all alone upstairs at the moment. :)
ReplyDeletelittleoldlady
ReplyDeleteand if'n I had the money I'd have been more excited.
;-)
I'd already promised to loan my son some money next week so he can get into his first house, and he will get some stimulus $, too. Ouch.
J.D.
ReplyDeleteOUCH, is right! :-(
Okay...let's move up before Killian drops the hammer! ;-)