[Grovenet] Another anti-science Republican screed ? ? ? ?

[Steven]

Pick a sensible point for yourself. The bottom line is that the market went
very high, beyond reason.
I believe we have now reached a point where we should have been.
Not that I want it, but an inflation of about 20% for 5 years or so will
bring costs up to the previous high in the stock market and real estate
market. Then the people who purchased over priced houses will be able to
sell the properties at a break even point or profit.
That doesn't mean that things will be any better.

> -----Original Message-----
> From: grovenet-bounces at rdrop.com [mailto:grovenet-bounces at rdrop.com]On
> Behalf Of Katie Allnutt
> Sent: Friday, February 27, 2009 6:54 AM
> To: Forest Grove local interests list
> Subject: Re: [Grovenet] Another anti-science Republican screed ? ? ? ?
>
>
> The huge redistribution of wealth away from the middle class and
> toward the top 5% has indeed been quite remarkable over both of those
> time periods. Out of sorts is a good way to put it.
>
> Katie
>
> On Feb 26, 2009, at 10:56 PM, Steven wrote:
>
> > I picked 1946 because the chart I had only went back to 1929 and I
> > wanted to
> > get away from that abnormality of the average. For a period of
> > 1946, things
> > looked quite average.
> > Do you think that the stock market run up of the 90s or the RE run
> > up of
> > this century are normal?
> > Pick any parameter and you'll see we've been out of sorts the last
> > decade
> > and a half.