tag:blogger.com,1999:blog-8515247115132134144.post1615384952975651725..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: RadioShack's ComplexStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8515247115132134144.post-27330517754817357482012-06-13T16:09:33.187-07:002012-06-13T16:09:33.187-07:00AllanF,
Effing unbelievable.
I think that pretty...AllanF,<br /><br /><i>Effing unbelievable.</i><br /><br />I think that pretty much sums up the entire global economy. Sigh. :(Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-90302685013040463592012-06-13T15:57:01.403-07:002012-06-13T15:57:01.403-07:00Apropos of my comment the other day that Iacoca wa...Apropos of my comment the other day that Iacoca was an evil genius for realizing Americans only care about the monthly nut, did anyone else see <a href="http://www.calculatedriskblog.com/2012/06/report-harp-2-refinancing-activity.html" rel="nofollow">this anecdote</a> over at CR:<br /><br /><i>"Oliver and his wife owed $372,000 on their home, now worth about $230,000. With a loan-to-value ratio of 161 percent, Oliver had little hope of refinancing his 5.875-percent mortgage ...<br /><br />The Olivers had only 21 years remaining on their original mortgage, so rather than refinance into a new 30-year loan, they took out a 15-year loan at 3.5 percent with no closing costs.<br /><br />"We will be paying roughly $300 more per month, but we are saving $171,000 over the course of the loan," says Oliver, who closed a few weeks ago."</i><br /><br />Effing unbelievable. It's idiots like them that allow the banks to pillage us all. Let's hope they have some serious assets to which the bank could otherwise seek recourse, though with a house that cheap in SF I rather doubt it.AllanFnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-88228560090236125812012-06-13T15:41:39.713-07:002012-06-13T15:41:39.713-07:00Fritz_O, citation please? I'm working on Ed Ap...Fritz_O, citation please? I'm working on Ed Apps, this would be good to know. Thanks.AllanFnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-39485370405700726672012-06-13T14:31:20.054-07:002012-06-13T14:31:20.054-07:00Mr Slippery & Fritz_O,
I think Apple has an O...Mr Slippery & Fritz_O,<br /><br />I think Apple has an <a href="http://www.urbandictionary.com/define.php?term=oriface" rel="nofollow">Oriface</a> complex.<br /><br />I was an Apple developer for a good chunk of my career. I really liked the platform. However, I still don't own an Apple product. <br /><br />1. I'm too stubborn to pay that much money I guess.<br />2. I'm so tired of hearing that Apple is God's gift to the world.<br /><br />As for #2, I'll believe it when I see iCancerCure.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-86807085741704448602012-06-13T09:34:28.045-07:002012-06-13T09:34:28.045-07:00Speaking of iPads....
My local school system is g...Speaking of iPads....<br /><br />My local school system is going to supply an iPad for every student!<br /><br />That means that even the students in the poorest performing schools get their new toys.<br /><br />I don't see and end to the Apple juggernaut until their salespeople are unable to brainwash .gov purchasing agents (or until the money runs out.) That'll take awhile...until it won't.<br /><br />Does Apple make anything humans need?Fritz_Onoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-10274067840980045382012-06-13T06:03:09.134-07:002012-06-13T06:03:09.134-07:00Edifice is just one reason I think Apple has peake...Edifice is just one reason I think Apple has peaked. I also think their products have gotten pricey, especially laptops. They make a lot of great stuff, but I have not regretted my switch to Alienware two years ago. Of course, losing Steve Jobs can't be good in the long run.Mr Slipperynoreply@blogger.com