Food Stamps

Is anybody besides moi thinking more about food stamps today than gourmet dining?

Is anybody besides moi thinking more about food stamps today than gourmet dining?

Those two things are not mutually exclusive. TRUST ME!!

Is anybody besides moi thinking more about food stamps today than gourmet dining?

Covert, have you been watching the financial channel today? I have, and I am not even invested. This is not a good time for many, many folks. But, I am tempted to invest in either Ford or General Motors anyway.

[Jenise]

Is anybody besides moi thinking more about food stamps today than gourmet dining?

Covert, have you been watching the financial channel today? I have, and I am not even invested. This is not a good time for many, many folks. But, I am tempted to invest in either Ford or General Motors anyway.

Buy APPL and RIMM. People need technology more than they need new cars.

[Jenise]

Is anybody besides moi thinking more about food stamps today than gourmet dining?

Covert, I can make a stove out of an empty coffee can, a small can of cat food, cardboard and wax. If you catch the squirrels, I'll roast them while Bob and Lynn forage for the goods for a 'weed salad'. You'll swear you never left home. )

Bob said: Covert, have you been watching the financial channel today? I have, and I am not even invested. This is not a good time for many, many folks. But, I am tempted to invest in either Ford or General Motors anyway.

Bob, as Jenise pointed out, there are more promising big company stocks to buy than those of the Detroit car companies. General Electric, for example, is trading at the unheard of ten times earnings and at the same time paying a 5% dividend. It would be wise to buy a few of these types of combos while you ride the market back over time.

Covert, I can make a stove out of an empty coffee can, a small can of cat food, cardboard and wax. If you catch the squirrels, I'll roast them while Bob and Lynn forage for the goods for a 'weed salad'. You'll swear you never left home.

It's a pain in the butt. On top of losing a ton like a lot of people over the last year, I double dipped by gambling that the bottom had been reached when the Dow hit 9.3 and jumped in with a bunch more cash three days ago, just to lose a portion of that, too.

Evidence and prevailing wisdom say that the market will recover and soar beyond 14.5 over time. My personal opinion, which I do not follow, is that the world economy can not grow anymore because it is clogged solid with people and waste. Even countries that could still grow economically will be dragged down by the interconnectivity of the US and other over-developed countries. I hope I am wrong, otherwise I will be working until I am 90, rather than just 70, as my post crash finances now dictate. If there are no jobs in a Mad Max, futuristic type laid waste, then I still have my little camp with squirrels, fish and other stuff I can eat, and 800 bottles of Bordeaux which I will maintain until the end. If it turns out that there are more fish and squirrels in the Adirondacks, you and Bob are more than welcome to take the last plane to here and occupy our new quest quarters.

Buy APPL and RIMM. People need technology more than they need new cars.

Jenise, just to chat a little bit more re this topic, I had a notebook in the ‘80s full of my inventions, many of which have come to be. Even then I was smart enough to know that I could not commercialize them because companies with existing infrastructures would knock them off. One of my inventions was a hybrid car which generated electricity from braking. I am sure many other folks had the same idea back then, it was just that it wasn’t quite time to launch such a solution.

Now I see the Prius, which I understand employs that technology. At the same time I understand that perennially behind General Motors is banking on a plug-in car. Where am I missing the point? The electricity will still be generated by burning fossil fuel, but some energy will be lost in the translation. I would think we could build a bunch of nuclear (“nucular” if you are Republican) power plants to power cars, but maybe you can’t substitute anything else for uranium, which, for all I know might be in short supply, too.