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Deflation Here? Consumer Prices Drop. So Do Stocks, Residential Real Estate, Commodities, and Consumer, Investor Confidence
Prices will fall, and will fall deeply. People will be hurt by it. Others will do well. Especially those who accept the just starting deflation, prepare for it, and see it as an opportunity. Here's one thing to keep in mind, the lower prices get the more value money will have. People will have more money to spend; more money for necessities, more money for luxuries. Each dollar will purchase more, meaning the lower prices for oil we're seeing now will be offset, and then some, by the greater purchasing power of the dollar. In short, as deflation continues new dollars will gain the purchasing power of two, three, perhaps even four old dollars. Barrels of oil now going for $45.00 may fairly soon be going for the equivalent of $90.00 to $135.00 in today's money. All without rising in sticker price. But, if you're going to get through this you can't automatically assume that deflation is always a bad thing. Deflation can have bad effects, deflation can have good effects, but in the long run the effects deflation depends on how we handle the affair. Remember that hesitation has killed about as many motorcycle stunt riders as rashness.— December 8, 2008 5:28 p.m.
More Wall Street Socialism: SEC Wants to Thwart Short Selling of Fannie, Freddie, Brokerage Stocks
Anon92107, Firestorms? Those piddlin' little campfires we had last Oct.? You want a firestorm watch the film from Dresden in '44. A firestorm is when iron burns. A firestorm is when a man's lungs turn to charcoal when he's standing half a mile away from the flames. "Firestorms" my earlobe. We got lucky the last week, only had to face one disaster at a time. Wait until northern and southern California have major outbreaks. We ever have a firestorm in this county we're going to have casualties in the hundreds of thousands.— July 17, 2008 3:05 a.m.
City Auditor Says Blackwater Didn't Misrepresent Self, but Criticizes City Procedures
Don, #30 The constant sniping and negativity doubtless has a lot to do with it. I await the day when the U/T faces a choice of Chapter 7 or a hostile buy out.— June 8, 2008 1:38 p.m.
City Auditor Says Blackwater Didn't Misrepresent Self, but Criticizes City Procedures
Don, couldn't find contact information for you, so you're getting this heads-up via this thread. If you don't have a copy of the bulldog edition of the UT, get one. Robert A. Kittle has a piece in the Dialog section of the Sunday paper. In it he includes such bits as... "Along the way Aguirre recklessly filed criminal charges against a political opponent, Sunroad executive Tom Story, who's innocence became clear when a Superior Court judge removed Aguirre from the case for prosecutorial abuse." There's more, and it does not improve on the above. Overall the article is a puff piece for Jerry Sanders, and a blatant attack not just on City Attorney Mike Aguirre, but people such as City Council Member Donna Frye as well. It's time the San Diego Union/Tribune was investigated under the RICO laws, and prosecuted accordingly should such an investigation determine it is involved in a criminal conspiracy.— June 7, 2008 7:13 p.m.
JROTC popular in San Diego, but critics abound
Never ascribe to malice what can be adequately explained by clerical error and bureaucratic intransigence.— June 5, 2008 11:07 p.m.
Federal Judge Says Blackwater Can Go Ahead with Shooting Range; City Attorney Protests Decision
Don, #6 Probably fearing a decision against them in state court. The whole affair makes me wonder what would be revealed if an in-depth investigation of Judge Huff was conducted.— June 5, 2008 10:59 p.m.
Number of San Diego Unemployed Drops Sharply in April from March, but Is Still Up from a Year ago
The first question is, compared to a population of what?— May 18, 2008 3:35 a.m.
Was Dan Broderick Really a Model of Integrity?
Paul, #14 Please refrain from mocking mainstream journalism.— May 14, 2008 4:05 a.m.
Union-Tribune Lays Off Three Who Spearheaded Electronic News, Radio Efforts
Because San Diego does not properly fund fire fighting efforts we're going to see insurance companies refusing to cover homes and businesses against fire loss in the near future. When that happens expect to hear people start to complain about city government. And why would insurance companies refuse to provide fire coverage for San Diego property owners? Because providing such coverage will become more expensive than it's worth.— May 12, 2008 7:56 p.m.
Will Angelenos, Zonies stay away from San Diego this year?
There's a lot that can be done. Let's start with criminal prosecutions and forced resignations. I'm sure we could think of one judge who could be profitably removed from the bench. Transportation: Shut down Lindberg Field. Too busy, too dangerous, inadequate for its declared purpose. It would serve better as a feeder airport for Orange and LA county airfields. Expand the rail lines between San Diego and LA on one hand, and between San Diego and Arizona on the other. Let's get freight off the freeways and expand passenger capacity. Also expand the oil and gas pipelines to San Diego, and expand storage facilities. Our high gas prices are largely due to the lack of wiggle room caused by our lack of adequate storage. Housing and Construction: Allow denser development. Overbuild where infrastructure is concerned. Better to have more sewage capacity then we really need right now, then to have just enough and watch as a growing population strains it. Outlaw neighborhood associations. It is the job of government to handle such matters, and an act of cowardice to allow neighborhood associations to abuse and oppress home owners, business owners, and residents. Final Thoughts: We could improve matters, but first we need to make people aware of how much the crap now occurring is costing them. We keep getting told that San Diego needs to raise taxes to get things down. Before we do that let's make sure what taxes we do pay are being spent effectively.— May 8, 2008 10:14 p.m.