International Association of Certified Home Inspectors
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| Miscellaneous Discussion for Inspectors Discuss whatever you wish in this forum. |
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#1
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Raise interest rates.
Borrowing would be more expensive & saving would pay better. Nick Gromicko, Certified Master Inspector Find a Home Inspector "Just as iron sharpens iron, one man sharpens another." Proverbs 27:17 |
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#2
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This stuff is simple. I keep waiting for Obama to call me, but he hasn't yet.
Nick Gromicko, Certified Master Inspector Find a Home Inspector "Just as iron sharpens iron, one man sharpens another." Proverbs 27:17 |
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#3
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Still too complex for a politician to understand.
How about... No politicians get paid till our country is completly out of debt. They might get that... |
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#4
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Please Note:
kpierce is a non-member guest and is in no way affiliated with InterNACHI or its members.
Didn't you just preach in another thread that no one should be saving and should be buying hard assets?
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#5
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Being as I checked the closet where I keep my Nobel Prizes, I did not locate one for Economics, this is not my strongest area.
Nonetheless I will ask: what would happen to the US economy if we as a people started buying US Savings bonds or buying up the US Debt??? Is there a way the Government could mobilize we the people in such an effort?? |
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#6
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Quote:
Jeffrey R. Jonas Critical Eye Property Inspections JRJ Consultants Owatonna, Minnesota Chapter President InterNachi Awards Portal: http://co.nachi.org/inachiawards/
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#7
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Even more amazing is that this is 10th grade Economics and yet none of the so called "experts" involved seem to know this.
"War is an ugly thing, but not the ugliest of things; the decayed and degraded state of moral and patriotic feeling which thinks nothing is worth a war, is worse. A man who has nothing which he cares more about than he does about his personal safety is a miserable creature who has no chance at being free, unless made and kept so by the exertions of better men than himself." - John Stuart Mill |
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#8
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Quote:
I am all jacked up on coffee right now. But really, why can't we as the people buy down our own debt????? |
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#9
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Quote:
Stephen Stanczyk Washington State Licensed Home Inspector # 221 President, Washington Association of Property Inspectors (WAPI) (253) 241-0602 calls answered until 10pm Pierce County -Thurston County - King County - Snohomish County |
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#10
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No one knows the answer do they????
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#11
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Saving is great but if too high a savings rate will result in lower economic activity and a contracting economy.
We have cooked our own goose as we continue to ask others to fund our debt. The numbers are much worse than the chart below as it only shows through last September. ![]() MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES THRU March 2009 Note the top line for China. It has increased it's holdings of U.S. debt by 57% in just the last year. He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors - Thomas Jefferson - Founding Father Last edited by mlarson; 6/2/09 at 7:43 AM.. |
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#12
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Why would any American want to buy any of our debt when the morons in the government refuse to stop spending?
Our 1.8 trillion dollar deficit this year is more than the 2000 fiscal budget. We will soon find out the hard way that John Maynard Keynes economic theories were bogus. Don't interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties. Abraham Lincoln www.qualityhomeinspectionsfl.com |
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#13
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Quote:
http://www.nachi.org/forum/f13/start...ets-now-40220/ Signed, Frank Carrio, CMI Certified Master Inspector & Consultant Certified Commercial Building Inspector Certified, WDI Inspector Founder & Current President, New Hampshire State Chapter NACHI NACHI, State Representative for Legislative Affairs Retired: ICC Certified Member Retired: Code Compliance Inspector. Retired: ASTM Committee Member New Hampshire License #0096 |
| Find an InterNACHI certified Utah Home Inspector (and anywhere else in North America) |
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#14
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Nice charts and rhetoric but no answer to my question yet.
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#15
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I believe I did answer your question.
While I think it is good for Americans to save if they buy down our own debt it will contract the economy by leading to reduced consumption and the consequently reduced manufacturing and production and more job losses as the economy contracts and it spirals down from there. Unless we demand the government stops spending on all our wants with money we don't have we are doomed to suffer a depression defined as a 10% contraction in the GDP year over year. It may already be to late to fix the problem entirely but we certainly can reduce the suffering. He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors - Thomas Jefferson - Founding Father |
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