harrystatel's comment history

harrystatel said...

Thank goodness they weren't texting while driving. Then they'd be cited to City Court!

September 28, 2011 at 8:06 p.m.
harrystatel said...

For those considering "investing" in residential unreal estate, here's another article.

http://www.minyanville.com/businessmarkets/articles/housing-market-real-estate-all-cash/9/19/2011/id/36925

Recently the TFP has been running articles such as "What can you buy for $250,000?"

The answer is, "probably the same thing six months from now for $200,000."

Home value appreciation is over for 90% of houses purchased. A few will appreciate, but those will be exceptions.

As to the charge that the TFP is in cahoots with realtors and developers, look to all the ads in the papers, one of the few areas of profit for any newspaper today.

Frankly, I see no great collusion between the TFP and real estate businesses; just an attempt by both to profit in the free market.

But for a long time to come, don't look for home ownership to be an "investment." It's not. There may be other valid reason why you wish to buy a home, but when an agent starts throwing around the words "good investment," let the red flags be raised.

September 23, 2011 at 8:39 a.m.
harrystatel said...

"If it wasn't for TVA you would still be reading by candlelight. If it wasn't for TVA your electric bill would be much higher. If it wasn't for TVA none of the companies that just located here would have came. Goldwater was an idiot and anyone promoting the demise of TVA (even with all their faults) should rethink cutting off their nose in spite of their face."

Thanks for writing, Mr. Kilgore.

September 22, 2011 at 1:28 p.m.
harrystatel said...

Who else could be at fault? The Ash-Spill Fairy?

The shame is that any awards of monetary damage will not come from TVA; they're a government collection agency for electricity.

The damage costs will come, as always, from ratepayers and taxpayers when government ineptitude prevails.

Barry Goldwater was right. Over 50 years ago he said that TVA should be sold.

September 22, 2011 at 12:22 p.m.
harrystatel said...

Sell the property at public auction for cash.

That would be fair, but wouldn't put money in the pockets of the insiders.

Odds of that happening? Zero!

September 22, 2011 at 10:51 a.m.
harrystatel said...

If you have a home paid for, great! If you're thinking about buying a home, upgrading, or want to know why buying a home could be the worst financial mistake of your life read this.

Guaranteed to Not be like by banker$, realtor$, mortgage broker$, and everyone who sees your debt as their payoff.

"Why I Would Rather Shoot Myself In the Head Than Own a Home"

http://bit.ly/im6oOp

September 22, 2011 at 10:32 a.m.
harrystatel said...

[Tom Kilgore]wouldn't accept that TVA was to blame for the spill.

"Tap-Dancing" Tommy reminds me of when the tobacco executives were before a congressional panel and said that "tobacco wasn't addictive."

Why would anyone believe this guy?

September 22, 2011 at 7:30 a.m.
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