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turtledove


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In United States
Registered May 19, 2010

turtledove's most recent comments:

  • On 11 Jun 2013 in $1.51 gasoline? In California?, turtledove said:

    robertoaribas says

    they should tax gas to keep it well over $3 a gallon. Americans are so stupid, if they get cheap gas again, they'll just buy guzzler cars and live 75 miles away from work...heck they should push it up to $5 a gallon in the next 5 years or so to encourage even more conservation

    That's the cruelest, most regressive tax imaginable.

  • On 5 Jun 2013 in Friend became homeless recently, turtledove said:

    I think you are a very kind person. You cannot kick yourself for not having the words to help your friend realize that the rules change when one is desperate. He has to come to that realization on his own.

    It's not always easy to change the lens through which one sees life. Sounds like his pride in his past accomplishments are all he has right now. I think you show a great deal of compassion not stripping him of that. Hopefully, he will soon realize that what he's holding onto are just titles and don't really define who he is as a person. But no one can make him know that until he is ready to accept his situation as it is now -- and not what it was a couple of years ago.

  • On 5 Jun 2013 in The Housing Bubble Goes Mainstream, turtledove said:

    Dan8267 says

    Anyone else think this second bubble is going to cause another major crash?

    As the last few years have shown us, I think it's clear that the powers that be in this country will do anything and everything to make sure that a crash doesn't happen. We'll still have ups and downs, but I doubt that a full fledged crash would ever be allowed. In 2008, I sure didn't expect the falling real estate market to receive such bottomless support from the Fed. Nevertheless, it did. I can't think of any reason that they would change their strategy. I think that the most they will allow is for these losses to be realized slowly over several generations, with lots of little ups and downs along the way. JMHO.

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