Society Works Pretty Well

We have it pretty good around here.
Plenty of just about everything.
It is really amazing.

But people always want more, don't they?

Sure there are things that could be better. But look how good it really is.
We have more than people have ever had. And it keeps getting better.

Let's be happy now. Today. With all that we have got.
Let's not worry about they guy down the block with a nicer car or a bigger house.
Somebody else will always have more.

Be happy now. Smile now. Breathe now. Relax now.
Accept your limitations.
"Without limits we would simply dissolve into the infinite."

Out On A Limb, Things Getting Btter

Market is already done correcting.
It will hold at levels near 10,000 on the Dow 30.
This is a great buying opportunity.
I expect a 20% increase now in broad markets

It should happen within ten months.

Economy is recovering nicely.
Unemployment will gradually drop.
People will never stop complaining though.

Not Like The 30s No Great Depression Here

Really!
Things would need to get very bad for it to be like that time.
How many had indoor plumbing?
How many owned cars?
No TV
No internet
No computers
What kind of roads did we have?

What an amazing difference in the standard of living from 80 years ago.

Airliners?
Antibiotics?
Many didn't even have electricity in their homes!
You just can't reasonably compare our economy to that economy. It is like another world.

Things are great around here.
I see lots of activity. Breaking ground for new homes. New cars. Shoppers out. Restaurants busy.
The economy is great.
It will only get better.

Zero Inflation and Dow Support At 10,000

Didn't quite make it to 11,000 but got close at over 10,700. Now heading back down to 10,000 for a while and then up to 12,000. Markets move down rapidly and up slowly. Most of the time they are going up. Recently there has been a rapid down move. But that move is almost over and yet people are starting to say "bear market" again. When will they ever learn.

And the fears of inflation are overblown.
Looks like zero inflation will be the new normal along with 8% unemployment.
I hope governments will realize the truth and adjust to this reality. Balance would improve things. And a better attitude would help everyone. Live simply. Simplify.
Be at peace. Life is good.

We will be in a world where it makes sense to save to buy rather than borrow to buy. Why pay interest and fees to own an automobile or furniture ar anything at all?
If the debt industry continues to downsize we will all ultimately be much richer.

Praise The Moment

What a wonderful world

How beautiful everything is

We are so blessed to be here to enjoy creation

Awesome
Fantastic
Perfect

Praise this world
See it as a gift
We are all gifted

Crazy Fire Laws

"In a study published today, a decreased likelihood of pregnancy is linked to flame-retardant chemicals found in foam furniture, electronics, fabrics, carpets and plastics. Californians may have higher exposures because of the state's strict flammability laws."


Sometimes the firemen put through laws that save lives by taking lives or preventing lives.

Sometimes they put though laws that save lives at the cost of $100,000,000 per life.
These are crazy laws.

How many lives could really be saved with $100,000,000 if the money were allocated intelligently?

How much does it cost to be safe?
When is it better to just take the risk?
Don't ask the experts. They all have vested interests.

Short Sight Sees Doom, Long View Sees Success

Things are just not as bad as you keep hearing.

Take the stock market.

A lot of people have given up and think that the market is a bad place to put your money.

But that is very short-sighted.

Today the Dow Jones Industrial Average stands at around 10,600.

If you go back 20 years to 1990, the highest point the Dow readhed that year was 2999.75 on July 16.

So, if you had kept your money there it would have grown in 20 years by more than 350 percent. And you would have also been collecting dividends on those stocks.

What people are disturbed about is the last ten years. Well, ten years ago was the top of a market bubble. So yes, if you were buying then you are a loser. But that is not how you are supposed to invest.

The process is to invest over your lifetime. Gradually put money in. Then when you retire you can gradually take it out.

Back to the numbers

Even if you bought at the top of the year 1998, which was 9374.27, you are ahead today by about 13%, plus dividends.

A more extreme case is to go back 40 years. The high point of the Dow in 1970 was 842.
Over 40 years the increase has been more than 1,250%. And again, you would have been collecting dividends.

So don't give up on stocks. Business is good and will get better in spite of anything or everything.