Recent content by mogar

It is difficult to time when the inflation will really hit this time around. Under normal circumstances I would say 12 to 18 months but these times are not normal. Remember the Tarp money is being used by the banks to shore up their balance sheets. That money is not being lent and pushed into...

SandyBestDog, I did not have a change of heart. I did post the following in response to the central question of why Americans do not save. ---------------------------------------------------------------------------------- When I was a teenager back in the late 60 early 70’s a welder at...

I hope your right marketsurfer. I have to say however I have actually met people who have these views face to face. After I stopped living in bars I met a lot fewer of them.

Sandy, I have been following this thread for some time and the only common theme I can determine with regards to your position is that you want the world to fair. Hard fact is Sandy the world is not, I repeat, not fair. It does not even know you exist. It’s nothing personal on its part it just...

When I was a teenager back in the late 60 early 70’s a welder at any old shop could own and pay for a house, have a wife and kids and he could make it. Also I was earning about 6 to 7% on a savings account. Today you need two good paychecks to make it. Savings accounts pay less then 1%...