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  1. peilthetraveler

    Real Estate

    Oh yeah...some markets have a HUGE amount to come down. For instance... San francisco. I actually was born there because my dad worked construction as a laborer back in the 60s to 80s there. My dad ended up buying a house there around 1977 for about 47k. At the time he was making a...
  2. peilthetraveler

    Minorities thought they were closer to equality when they voted Obama, but...

    What they really did was about to make themselves a huge target group for racism and discrimination. EVERYONE knows that 99% of all blacks voted for Obama. When Obama becomes hated worse than Bush, they cant say they didnt vote for Obama. Same with Mexicans. Maybe even young white people...
  3. peilthetraveler

    Scientists...Got it wrong again!

    According to scientists Trilobites are a well-known fossil group of extinct marine arthropods that first came to the earth 540 million years ago and became extinct 250 million years ago...this is according to science. Then these were found in Russia recently and if you ever saw a trilobite...
  4. peilthetraveler

    Cah-lee-for-nee-ah just got downgraded

    http://www.marketwatch.com/story/fitch-lowers-californias-bond-rating-outlook I should buy a bunch of CA bonds on monday, then when they defaut, take over the state and make myself king!
  5. peilthetraveler

    I want to buy GM stock.

    1 GM share is selling for 89 dollars. Someone already beat you to that business idea. http://www.oneshare.com/Stock.aspx?stock=gm
  6. peilthetraveler

    GM Options

    For you to come out ahead, (assuming you got the calls at the price you wanted) the price of GM has to go below 34.66 cents by end of june. Or GM has to move above 2.6533 Thats not including your commissions for buying and selling. Not to be insulting but to put down $40,000 when you dont...
  7. peilthetraveler

    It's time to short the market for what's coming next week

    Actually Mel Brooks said that after Rick Moranis said to dick van patten, "What kind of stupid combination is that? Thats the kind of combination that an idiot would put on his luggage.
  8. peilthetraveler

    Home prices HAVE to drop at least another 20%

    This is the math. A 200k home at todays 5% interest has a payment of $1,073 When interest rates go up to 7% you will only be able to afford a house (if you want the same payment, that is) that costs $160,000(actually $161,400 to be more exact) If interest rates go to 8% then its down to...
  9. peilthetraveler

    Atlanta's Largest Dealer Network: 60% of Cars Sold Are $4,500 or Less

    Most people are not buying 50k cars, but yeah, there is a higher profit margin on the 50k+ cars. But on like a 20k car, the profit margin in 2006 was about 300 to 500 dollars. On used cars, the profit margin is usually around 3,000 dollars(if they sell at asking price)
  10. peilthetraveler

    Oil Prices

    Exactly...its a status symbol for them (in their own minds of course). And so many people are willing to pay for that status symbol. I remember seeing something a few years back (I think it was on dr. phil or one of those talk shows) There was a guy that was living with his parents and was...
  11. peilthetraveler

    Atlanta's Largest Dealer Network: 60% of Cars Sold Are $4,500 or Less

    Most of the money has ALWAYS been made in resale cars. This is nothing new. And then you manipulate the article by changing it to 60% of cars sold are less than $4500 when the article says 60% of the profit is made from cars sold under $4,500. Thats a big difference.
  12. peilthetraveler

    Oil Prices

    China was using 7.88 million barrels of oil per day in 2007 (i dont know what they use now) but china has got alot richer in the last 2 years while we got poorer. Its pretty obvious that china & india will pick up our slack. Especially now with all those tata nanos running around india. People...
  13. peilthetraveler

    Reason Mortgage Rates are climbing..

    Banks are waiting for inflation to kick in before they lend that money out. Then when inflation kicks in, fed raises rates to 8 or 9% and the banks loan the tarp money out at the higher rates. The banks know its coming. How many of you are putting your cash in CDs at 2% if they had to be...
  14. peilthetraveler

    Oil Prices

    Summer is almost here. We have seen oil jump 30% in 1 month and you all know that when oil gets to the higher prices it starts making those crazy 10-25 dollar daily jumps like it did last year. Anyone else thinking we will see at least 90 dollar oil before july hits?
  15. peilthetraveler

    Schwarzenegger plan would close 220 Calif. parks

    Its ridiculous what Arnold is doing. He is selling off assets and closing streams of income which is what he should not be doing. If parks are not generating enough income to pay for themselves, its because they have too many employees. Seriously...Yosemite is like 20 bucks to get in and...
  16. peilthetraveler

    The Big Inflation Scare - Oooooh, How Scary; Prove Him Wrong

    And the funny thing is, I remember when oil was going to 140 and everyone was raising their prices because of the cost of gas...but when oil went down to 35, i dont remember prices falling as much(if any) as we saw gas hit 1.50. Now when oil goes up again, they have an excuse to raise prices...
  17. peilthetraveler

    How Can This Be Overcome By US Workers?

    Pretty soon robots will do everything....I think the robots will be something like this. <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/bo-DqihTJ3c&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...
  18. peilthetraveler

    Oil rises to new six-month high.....Do I hear $75, $100, $150, $300

    I'm thinking we see $4 dollar gas by july.
  19. peilthetraveler

    Economic Crisis in America -- Allah is Punishing America for Its Usury

    Genesis 25:21:22 Isaac prayed to the LORD on behalf of his wife, because she was barren. The LORD answered his prayer, and his wife Rebekah became pregnant. 22 The babies jostled each other within her. So there is your evidence that babies in the womb are babies and not fetuses....and stop...
  20. peilthetraveler

    The Global Warming Scam Continues, New Outrageous Claim

    So i guess when i go looking for my beachfront property, i should look for land that is an extra 2 feet above see level just to be safe.
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