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Old 02-25-2010, 01:07 PM   #81
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Well, my thread on anectdotal evidence of a recovery has spawned an VERY interesting but unrelated conversation. One I would like to chime in on also but maybe it could be a separate thread.

Wonder if Ziggy29 being a moderator could move the posts related to the state government issues to a new thread?

I will start one called Probability that your state may Bankrupt soon!
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Old 02-25-2010, 01:32 PM   #82
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So the bears are realists grounded in macroeconomic facts....
Certainly not. It's just I've been alive for 50 plus years. I've watched the US become a place that prints money for a living. We use it to buy oil, products, and services from all over the world. Our deficits rise (federal, trade, and otherwise) and things just keep going on. I was told there are no free lunches, but it appears there is. Seems as though the Bears (those calling for a reversal of this situation) have logic on their side. Seems as though they know what ought to happen.
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Old 02-25-2010, 02:11 PM   #83
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Well, my thread on anectdotal evidence of a recovery has spawned an VERY interesting but unrelated conversation. One I would like to chime in on also but maybe it could be a separate thread.

Wonder if Ziggy29 being a moderator could move the posts related to the state government issues to a new thread?

I will start one called Probability that your state may Bankrupt soon!
link please?
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Old 02-25-2010, 03:27 PM   #84
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Well, my thread on anectdotal evidence of a recovery has spawned an VERY interesting but unrelated conversation. One I would like to chime in on also but maybe it could be a separate thread.

Wonder if Ziggy29 being a moderator could move the posts related to the state government issues to a new thread?
I don't really think a new thread is necessary, though now that you started a new one, that side discussion can continue there. In reality that does have a lot to do with whether or not the current recovery is (a) sustainable and (b) will eventually translate into a recovery of the job market. Along with the health care mess, this problem is another 800 pound gorilla that will only get worse the longer we sweep it under the rug and pretend everything is okay.
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Old 02-25-2010, 05:18 PM   #85
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You are in NYC during a weekday. The people that go to those stores do not live in NYC, won't travel to NYC to shop in those stores, or are busy working.

If you want a better gauge in NYC during the weekday, check out Tiffany's, LV, Saks, Prada, Cartier, etc.


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I just spent a few days in Manhattan with a large number of retail stores near my downtown hotel and my wanderings through them during the day actually made me depressed.

I went to a Macy's, a BB&B, a H&M, an Old Navy, and several more. In all of them, and I do mean ALL, there were many more staff than customers. At the BB&B near Columbus Circle, at 3PM, I was the only customer in the store for several minutes and did not see more than 3-4 other customers in the 30 minutes.

As Buffett and Lynch, before him, I tend to believe what I actually see, and I do not see a recovery.

Anyone else with a better story, I need something to give me optimism?
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Old 02-25-2010, 06:24 PM   #86
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Which States to NOT retire in
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Old 02-26-2010, 12:12 AM   #87
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I've seen evidence that economic activity is improving somewhat in our area.To me this indicates we have deep fundamental problems with our economy . If this was any other post WW2 recession and the Fed and treasury threw trillions at the economy by borrowing and printing we would have a Huge rip roaring recovery by now. Of course my wife says I'm a pessimist.Hopefully she's right.
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Old 02-26-2010, 12:32 PM   #88
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One of the new homes under construction in Austin.

Somebody is doing well.

manse.jpg
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Old 02-26-2010, 12:36 PM   #89
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I never really felt the recession, so don't really feel the recovery.
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Old 02-26-2010, 01:10 PM   #90
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One of the new homes under construction in Austin.

Somebody is doing well.

Attachment 8370
What the heck is that one section, an Air Traffic Control Tower?
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Old 02-26-2010, 01:14 PM   #91
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One of the new homes under construction in Austin.

Somebody is doing well.
Is that really just one home? I think I remember seeing it from Loop 360 and wondered.

Ever since 2005 driving the loops around the outskirts of Austin you see mansion after mansion. I mean there were plenty before, but there seem to be way more now. Clearly Austin has become one of the most affluent cities in the nation.

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Old 02-26-2010, 01:28 PM   #92
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What the heck is that one section, an Air Traffic Control Tower?
I suspect it is an observatory. They seem to be all the rage now in Austin mansions. Lord British, the guy who wrote the original Ultima, has one, among others.
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Old 02-26-2010, 01:30 PM   #93
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Is that really just one home? I think I remember seeing it from Loop 360 and wondered.

Ever since 2005 driving the loops around the outskirts of Austin you see mansion after mansion. I mean there were plenty before, but there seem to be way more now. Clearly Austin has become one of the most affluent cities in the nation.

Audrey
Yep, a single family home designed to look like an Italian hilltop village. The owner is a co-founder of one of the Austin high-tech companies. No, not Dell. His monster house is modern style.
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Old 02-26-2010, 03:12 PM   #94
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Yep, a single family home designed to look like an Italian hilltop village. The owner is a co-founder of one of the Austin high-tech companies. No, not Dell. His monster house is modern style.
A house for a man with a really tiny wiener.
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Old 02-26-2010, 04:37 PM   #95
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A house for a man with a really tiny wiener.
Could be right, but I bet a tiny wiener and that house could get a guy a lot of female attention. Then again, I have a tiny house.
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Old 02-26-2010, 04:46 PM   #96
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I suspect it is an observatory. They seem to be all the rage now in Austin mansions. Lord British, the guy who wrote the original Ultima, has one, among others.
Wow he still has enough money left from the Ultima series to build an observatory. I thought Texas game designer spent all their money on fast cars, and woman.
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Old 02-26-2010, 04:55 PM   #97
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Yep, a single family home designed to look like an Italian hilltop village. The owner is a co-founder of one of the Austin high-tech companies. No, not Dell. His monster house is modern style.
A co-founder another high-tech company in Austin built a Mayan temple home - complete with ball-court swimming pool and yep, an observatory.

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Old 02-26-2010, 09:16 PM   #98
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And there was the guy who invented computer games....
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Old 02-27-2010, 09:52 AM   #99
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Wow he still has enough money left from the Ultima series to build an observatory. I thought Texas game designer spent all their money on fast cars, and woman.
He said that he actually blew most of his money for a $20 million trip to the Russian space station.

I had no idea that a game designer can make that much money. It's probably not from the original Ultima game but from all the other games that one franchise spawned.
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Old 02-27-2010, 10:37 AM   #100
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I had no idea that a game designer can make that much money. It's probably not from the original Ultima game but from all the other games that one franchise spawned.
I don't know -- he got a fair bit of my coin back in the '80s and early '90s...
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