Recession

208,997 Views | 2400 Replies | Last: 3 hrs ago by boognish_bear
Oldbear83
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J.R. said:

Oldbear83 said:

It's actually impressive how many posts you put up with absolutely no valid points or supporting evidence.




ok , what do you currently do for a living/job. Are you on any govt subsidies such as Medicare, Medicaid, govt pendion. Social security? Here is ur opportunity to set me straight

So remind me again where you have the right to interrogate people, and claim that your slander and lies must be accepted unless someone plays by your rules?

Not how it works.

No one here owes anyone else anything. People believe what they want, and boy howdy we have people who believe the most incredible things, despite all evidence, because that's what they want to believe. My accomplishments and worth in no way depend on someone on an Internet board.

I have dropped a few notes in various places about my degrees, career, employers, security clearance, and other things that an observant person could use to figure out some things if they wanted. I do not, however, owe you even the time of day, since you have long established you do not understand courtesy nor practice it.

Now in your case, you keep bragging on how rich and important you are, and there's a few here that say that's true. I can only say from my observation of how you treat people here, that you have anger issues, show no respect to anyone unless they flatter you and agree with you, and you have absolutely no ethical boundaries about anyone's right to privacy here. So again, only a fool would give personal information to a man predominantly known for poor anger management and no respect for anyone else.

Go pound sand.

BUDOS
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Oldbear83 said:

J.R. said:

Oldbear83 said:

It's actually impressive how many posts you put up with absolutely no valid points or supporting evidence.




ok , what do you currently do for a living/job. Are you on any govt subsidies such as Medicare, Medicaid, govt pendion. Social security? Here is ur opportunity to set me straight

So remind me again where you have the right to interrogate people, and claim that your slander and lies must be accepted unless someone plays by your rules?

Not how it works.

No one here owes anyone else anything. People believe what they want, and boy howdy we have people who believe the most incredible things, despite all evidence, because that's what they want to believe. My accomplishments and worth in no way depend on someone on an Internet board.

I have dropped a few notes in various places about my degrees, career, employers, security clearance, and other things that an observant person could use to figure out some things if they wanted. I do not, however, owe you even the time of day, since you have long established you do not understand courtesy nor practice it.

Now in your case, you keep bragging on how rich and important you are, and there's a few here that say that's true. I can only say from my observation of how you treat people here, that you have anger issues, show no respect to anyone unless they flatter you and agree with you, and you have absolutely no ethical boundaries about anyone's right to privacy here. So again, only a fool would give personal information to a man predominantly known for poor anger management and no respect for anyone else.

Go pound sand.



Oldbear and I disagree on a number of issues.
I agree with him on this, while admitting that I need to also conduct myself more in such a manner as he presents.
Oldbear can be frustrating, and in my opinion, he is not always right; however, as he has proven before, I'm not either.
Oldbear83
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Thank you, BUDOS. While we have different opinions on some topics, you have always been courteous and welcomed other points of view.

Much appreciated.
boognish_bear
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whiterock
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High demand for rolling stock is a leading economic indicator.

whiterock
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Funny what happens when you stop the flow of a couple million illegals per year across your border AND send a couple million illegals home.

BigGameBaylorBear
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whiterock said:

Funny what happens when you stop the flow of a couple million illegals per year across your border AND send a couple million illegals home.




The Austin Metro rent decrease is mainly attributed to a fast increase in supply. I'm sure any local people can attest to the quick buildup in the area

Not much to do with deportations at all
Sic 'em Bears and Go Birds
D. C. Bear
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BigGameBaylorBear said:

whiterock said:

Funny what happens when you stop the flow of a couple million illegals per year across your border AND send a couple million illegals home.




The Austin Metro rent decrease is mainly attributed to a fast increase in supply. I'm sure any local people can attest to the quick buildup in the area

Not much to do with deportations at all


Any person who was renting and then got deported would seem to have the same impact on the market as a single new house being built. 10,000 units new construction and 10,000 renters being deported would result in 20,000 more units available, would it not?
J.R.
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D. C. Bear said:

BigGameBaylorBear said:

whiterock said:

Funny what happens when you stop the flow of a couple million illegals per year across your border AND send a couple million illegals home.




The Austin Metro rent decrease is mainly attributed to a fast increase in supply. I'm sure any local people can attest to the quick buildup in the area

Not much to do with deportations at all


Any person who was renting and then got deported would seem to have the same impact on the market as a single new house being built. 10,000 units new construction and 10,000 renters being deported would result in 20,000 more units available, would it not?

All depends on the class of product. A&B....no impact. C product. can be a problem depending on location.
BigGameBaylorBear
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D. C. Bear said:

BigGameBaylorBear said:

whiterock said:

Funny what happens when you stop the flow of a couple million illegals per year across your border AND send a couple million illegals home.




The Austin Metro rent decrease is mainly attributed to a fast increase in supply. I'm sure any local people can attest to the quick buildup in the area

Not much to do with deportations at all


Any person who was renting and then got deported would seem to have the same impact on the market as a single new house being built. 10,000 units new construction and 10,000 renters being deported would result in 20,000 more units available, would it not?


Yes but this isn't driven by deportations. The Austin Metro demand peaked around COVID and rents sky-rocketed. Developers broke ground on hundreds of new projects around 2022 and prices begun to flatten, and then eventually started dropping. They were decreasing before Trump even took office; I worked at the Dallas Fed during the Biden admin and the economists were making note of these movements years ago.

Since 2022, projects are now wrapped up and the Austin tech hiring spree has cooled. Demand is low and inventory is high. Most projects have finally wrapped up.

There's not much data to support deportations driving these rents down. The Austin area itself has low deportation activity
Sic 'em Bears and Go Birds
BUDOS
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Hopefully only a relatively small percentage would be reinstated due to wrongful detention, including the American citizens who were detained, all with little to no recourse for losing their domicile, job, property.
At least if they got due process they would have l even less chance of getting their stuff back.
But the damage that is being inflicted upon our democracy and its principles could be greater; however, it appears that we are at the point of just looking the other way. But that's not always a bad thing right?
Waco1947
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BUDOS said:

Oldbear83 said:

J.R. said:

Oldbear83 said:

It's actually impressive how many posts you put up with absolutely no valid points or supporting evidence.




ok , what do you currently do for a living/job. Are you on any govt subsidies such as Medicare, Medicaid, govt pendion. Social security? Here is ur opportunity to set me straight

So remind me again where you have the right to interrogate people, and claim that your slander and lies must be accepted unless someone plays by your rules?

Not how it works.

No one here owes anyone else anything. People believe what they want, and boy howdy we have people who believe the most incredible things, despite all evidence, because that's what they want to believe. My accomplishments and worth in no way depend on someone on an Internet board.

I have dropped a few notes in various places about my degrees, career, employers, security clearance, and other things that an observant person could use to figure out some things if they wanted. I do not, however, owe you even the time of day, since you have long established you do not understand courtesy nor practice it.

Now in your case, you keep bragging on how rich and important you are, and there's a few here that say that's true. I can only say from my observation of how you treat people here, that you have anger issues, show no respect to anyone unless they flatter you and agree with you, and you have absolutely no ethical boundaries about anyone's right to privacy here. So again, only a fool would give personal information to a man predominantly known for poor anger management and no respect for anyone else.

Go pound sand.



Oldbear and I disagree on a number of issues.
I agree with him on this, while admitting that I need to also conduct myself more in such a manner as he presents.
Oldbear can be frustrating, and in my opinion, he is not always right; however, as he has proven before, I'm not either.

I suppose that oldbear83 personal acts can actually be a healthy and wise response. In the teachings of Jesus Christ, there's a strong emphasis on love and forgivenessbut that doesn't mean tolerating ongoing harm or disrespect. Even Jesus stepped away from people and situations that were hostile or hard-hearted.
Waco1947
BUDOS
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I'm certainly no Bible scholar, but didn't he refer to some groups who were not as tolerant of his teachings and quotes from Scripture? If I recall correctly, he referred to some, in the English translation as snakes and vipers. My interpretation of some of His parables was that he was talking pretty straight up those groups and they knew he was not being very nice.

He doesn't really seem to want to tolerate those who misrepresent the Scripture and their overall context and intent and give out misinformation.
Waco1947
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BUDOS said:

I'm certainly no Bible scholar, but didn't he refer to some groups who were not as tolerant of his teachings and quotes from Scripture? If I recall correctly, he referred to some, in the English translation as snakes and vipers. My interpretation of some of His parables was that he was talking pretty straight up those groups and they knew he was not being very nice.

He doesn't really seem to want to tolerate those who misrepresent the Scripture and their overall context and intent and give out misinformation.

True
Waco1947
boognish_bear
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The average new car dealer makes 3.9% gross margin on the car itself. On a $40,000 vehicle, that's $1,560.

The F&I office (Finance and Insurance) makes $2,515 per vehicle. That number just hit a 5-year high. The "back end" of the deal now generates more profit than the car sitting on the lot.

Here's how the F&I math stacks up. The dealer gets a "buy rate" from lenders, say 5%. They mark it up 2-3 percentage points and sell you financing at 7-8%. On a $35,000 loan over 72 months, that 2% spread alone is worth $2,200+ to the dealer. Then they layer on extended warranties at 50%+ margins, GAP insurance that costs them almost nothing, paint protection, service contracts. Each product adds $300-800 in pure margin.

A cash buyer skips all of it. No rate markup. No warranty pitch. No GAP. No service contract. You just eliminated their most profitable department in one sentence.

That's why a cash buyer walking in feels like a threat. The car sale is the loss leader. The financing office is the actual business. According to NADA, the new car department accounts for 58% of total revenue but less than 26% of gross profit. The service bay and the F&I office carry the entire operation.

90% of new car buyers use some form of financing or buy an aftermarket product. The 10% who pay cash are essentially using the showroom as a museum.
BUDOS
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Waco, having said that, Jesus seemed to do so primarily when the very people who should be helping their people were focused on finding errors they were making violating the their interpretation of the law, plus He knew that they were out to kill him.
He did speak such things because of the harm the leaders were causing to the people He loved.
Waco1947
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BUDOS said:

Waco, having said that, Jesus seemed to do so primarily when the very people who should be helping their people were focused on finding errors they were making violating the their interpretation of the law, plus He knew that they were out to kill him.
He did speak such things because of the harm the leaders were causing to the people He loved.

Pharisees are an insidious lot of every age and religion.
Waco1947
whiterock
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boognish_bear
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boognish_bear
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....
J.R.
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Oldbear83 said:

J.R. said:

Oldbear83 said:

It's actually impressive how many posts you put up with absolutely no valid points or supporting evidence.




ok , what do you currently do for a living/job. Are you on any govt subsidies such as Medicare, Medicaid, govt pendion. Social security? Here is ur opportunity to set me straight

So remind me again where you have the right to interrogate people, and claim that your slander and lies must be accepted unless someone plays by your rules?

Not how it works.

No one here owes anyone else anything. People believe what they want, and boy howdy we have people who believe the most incredible things, despite all evidence, because that's what they want to believe. My accomplishments and worth in no way depend on someone on an Internet board.

I have dropped a few notes in various places about my degrees, career, employers, security clearance, and other things that an observant person could use to figure out some things if they wanted. I do not, however, owe you even the time of day, since you have long established you do not understand courtesy nor practice it.

Now in your case, you keep bragging on how rich and important you are, and there's a few here that say that's true. I can only say from my observation of how you treat people here, that you have anger issues, show no respect to anyone unless they flatter you and agree with you, and you have absolutely no ethical boundaries about anyone's right to privacy here. So again, only a fool would give personal information to a man predominantly known for poor anger management and no respect for anyone else.

Go pound sand.



that's what I figured. Coward with no job and on the govt dole. nice old man. get back to me when you have a job and pay taxes. WWJD.. It ain't how you roll, hater. btw, I don't think I'm too good for anyone or anything. find it funny that people of your ilk are business experts, but have never started or run one, so you do not know anything about how to run a business.
Oldbear83
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And there it is again, lies and hate from the most bitter petty and man on this board.

J.R. is an appropriate screen name. Not even a real name, just a blurt.
J.R.
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Oldbear83 said:

And there it is again, lies and hate from the most bitter petty and man on this board.

J.R. is an appropriate screen name. Not even a real name, just a blurt.

well, old bitter, JR happens to be my initials, there pal. Back to the govt assistance. Donnie's got you!
Jack Bauer
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boognish_bear said:




Shareholders are more important than employees, customers, or anything else.
BigGameBaylorBear
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Damn shame. Delta is my favorite airline.

American Airlines feels like a small step above Spirit these days.
Sic 'em Bears and Go Birds
Jack Bauer
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Jack Bauer
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I think she meant 0.7%

I wish I could be this unaccountable for my words..

Oldbear83
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Oldbear83 said:

And there it is again, lies and hate from the most bitter petty and man on this board.

J.R. is an appropriate screen name. Not even a real name, just a blurt.

Odd how someone who demands others provide all kinds of details about themselves (though he has neither right nor courtesy), things two letters are all anyone needs from him - aside, of course, from his unproven and arrogant claims of wealth, power and superwonderfulness, all of course run against the character of his behavior here.
boognish_bear
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FLBear5630
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Oldbear83 said:

Oldbear83 said:

And there it is again, lies and hate from the most bitter petty and man on this board.

J.R. is an appropriate screen name. Not even a real name, just a blurt.

Odd how someone who demands others provide all kinds of details about themselves (though he has neither right nor courtesy), things two letters are all anyone needs from him - aside, of course, from his unproven and arrogant claims of wealth, power and superwonderfulness, all of course run against the character of his behavior here.

"wealth, power and superwonderfulness"


That would make his opinions more valid and correct? Spoken like true MAGA.
BUDOS
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"People who constantly argue seek control and power over others. You cannot reason with them, so it's better to withdraw from an argument than try to prove them wrong." ~Nicola Davies
Oldbear83
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FLBear5630 said:

Oldbear83 said:

Oldbear83 said:

And there it is again, lies and hate from the most bitter petty and man on this board.

J.R. is an appropriate screen name. Not even a real name, just a blurt.

Odd how someone who demands others provide all kinds of details about themselves (though he has neither right nor courtesy), things two letters are all anyone needs from him - aside, of course, from his unproven and arrogant claims of wealth, power and superwonderfulness, all of course run against the character of his behavior here.

"wealth, power and superwonderfulness"


That would make his opinions more valid and correct? Spoken like true MAGA.

MAGA, in my understanding at least, is simply a callback to Reagan (who coined the term; Trump just dusted it off for his 2016 run), who wanted America to be returned to a country whose citizens were proud to be Americans, whose military was feared, and which economy built great prosperity for America.

I have never understood why an American would mock and hate the concept of Making America Great Again.
Oldbear83
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BUDOS said:

"People who constantly argue seek control and power over others. You cannot reason with them, so it' s better to withdraw from an argument than try to prove them wrong." ~Nicola Davies

"Arguing with anonymous strangers on the Internet is a sucker's game because they almost always turn out to be or to be indistinguishable from self-righteous sixteen-year-olds possessing infinite amounts of free time."

Neal Stephenson, Cryptonomicon
boognish_bear
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FLBear5630
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Oldbear83 said:

BUDOS said:

"People who constantly argue seek control and power over others. You cannot reason with them, so it' s better to withdraw from an argument than try to prove them wrong." ~Nicola Davies

"Arguing with anonymous strangers on the Internet is a sucker's game because they almost always turn out to be or to be indistinguishable from self-righteous sixteen-year-olds possessing infinite amounts of free time."

Neal Stephenson, Cryptonomicon

Curious, why would someone come to a political message board and then be upset with people arguing politics?
 
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