Re: OT: "I'm Worried About Graham". 🙏

On Sun, 17 Nov 2024 1:36:11 +0000, Hank Rogers wrote:

Coogan's Bluff wrote:

D wrote:

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On Fri, 15 Nov 2024, Coogan's Bluff wrote:
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D wrote:

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On Fri, 15 Nov 2024, Leonard Blaisdell wrote:
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On 2024-11-12, Coogan's Bluff <ft.tryon@park.invalid> wrote:

Leonard Blaisdell wrote:

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Another joke, the Federal Reserve is about to reduce interest rates.
They should double them, at least, for now.

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Whoa...double them?

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That'd melt the entire housing market to zero.

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Subsidiary damage says no,plus the Fed will cut again in December.

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I bought my home during the last slobbering fool's [Carter]
administration
at over nine percent interest. During later, saner times, I
refinanced.
At the time, homes were considerably cheaper, but the value of
money was
considerably more.
The more things change, the more they remain the same. [1]
By the way, my opinion of Jimmy Carter is that he's a good man but had
no business as a president with the first traveling clown
administration
of my lifetime. Who'd a thunk there would be a second, and worse?
See [1].
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You're a tough cookie Leo! The highest interest I ever experienced
was 6.5%. The highest my parents ever experiences I think was 15%.
Their home was purchased for 20k USD and is valued at 1 100 000 USD
today. That's inflation for you!

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Here's a sad fact on catchup - that $1.1 million today would just
barely buy a mini mansion on a couple of acres in Montana now.
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Back in the day you could have owned a street corner in Helena for
that price!
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Ahhhh... the wonders of Xidenomics! =( Glad at least that Trump is in
power before it would have escalated to a complete crash under Cackles.

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I will say this, we were close, so very dreadfully close...it makes my
stomach flip to think what might have been...
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Plenty of praying nationally went into this change of field.
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Indeed. It was all due to the praying. Donald is the first true
christian president we've had since jimmy carter.  For 50 years, nobody
prayed. But now we are doing it again.  YAAAAY!

Thinking of THE DONALD brings to mind calming thoughts like:
- viewing a stunning sunrise from Mt. Fuji
- discovering a basket of warm fuzzy kittens on yer doorstep on a cold
winter morning
- hearing The Lords Prayer recited by Reverend Billy Graham
- listening to a beautiful symphony in a hushed Gothic cathedral, with
light streaming through ancient stained glass windows
- dreaming of Jayne Mansfield's boobies
--
GM