Comments on: The War Against The Not-So-Rich http://bluecrabboulevard.com/2009/12/28/the-war-against-the-not-so-rich/ Summum nec metuas diem, nec optes - Marcus Valerius Martialis Thu, 19 Apr 2012 09:00:56 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Gaius http://bluecrabboulevard.com/2009/12/28/the-war-against-the-not-so-rich/comment-page-1/#comment-89002 Gaius Tue, 29 Dec 2009 20:25:51 +0000 http://bluecrabboulevard.com/?p=14623#comment-89002 As soon as hyperinflation raises a McDonald's starting salary to $101,000/yr. Soon, I think. As soon as hyperinflation raises a McDonald’s starting salary to $101,000/yr.

Soon, I think.

]]> By: MikeM http://bluecrabboulevard.com/2009/12/28/the-war-against-the-not-so-rich/comment-page-1/#comment-89001 MikeM Tue, 29 Dec 2009 20:20:22 +0000 http://bluecrabboulevard.com/?p=14623#comment-89001 I wonder how long it will take them to attack the people making more than $100,000. I wonder how long it will take them to attack the people making more than $100,000.

]]> By: Quilly Mammoth http://bluecrabboulevard.com/2009/12/28/the-war-against-the-not-so-rich/comment-page-1/#comment-88996 Quilly Mammoth Tue, 29 Dec 2009 14:25:03 +0000 http://bluecrabboulevard.com/?p=14623#comment-88996 Here's a point of interest on commercial properties. Twenty of fifty-three hotel jobs I bid on between 1/1/09 and today became listed as either "abandoned" or "delayed" on the Dodge Report. All of these are from Texas to Iowa...the Central Tier that is in the best economic shape in our nation today. This is, to use a vastly over worked word, unprecedented. Particularly since this segment is not as dependent on having a project fully funded by bank loans as other segments of commercial construction. At a guess this is driven by two items: the clear reduction in travel for business and pleasure and the desire of owner/operators to stockpile cash. Welcome to Japan of the 1990's, Crabitatians. Here’s a point of interest on commercial properties. Twenty of fifty-three hotel jobs I bid on between 1/1/09 and today became listed as either “abandoned” or “delayed” on the Dodge Report. All of these are from Texas to Iowa…the Central Tier that is in the best economic shape in our nation today.

This is, to use a vastly over worked word, unprecedented. Particularly since this segment is not as dependent on having a project fully funded by bank loans as other segments of commercial construction.

At a guess this is driven by two items: the clear reduction in travel for business and pleasure and the desire of owner/operators to stockpile cash.

Welcome to Japan of the 1990′s, Crabitatians.

]]> By: Maggie's Farm http://bluecrabboulevard.com/2009/12/28/the-war-against-the-not-so-rich/comment-page-1/#comment-88994 Maggie's Farm Tue, 29 Dec 2009 12:13:26 +0000 http://bluecrabboulevard.com/?p=14623#comment-88994 <strong>Tuesday morning links...</strong> Sign via Theo How Manhattan is out to lunch. Olasky Expel Students Who Might Kill Themselves? Minding the Campus Last exit to utopia. City Journal Iran: The stolen election. Am Scholar Contemporary Art and Reviving Civilisation. New English Revie... Tuesday morning links…

Sign via Theo
How Manhattan is out to lunch. Olasky
Expel Students Who Might Kill Themselves? Minding the Campus
Last exit to utopia. City Journal
Iran: The stolen election. Am Scholar
Contemporary Art and Reviving Civilisation. New English Revie…

]]>