But we’re closing hospitals
Bob Morris @ Nov 26th 2004 10:34 - Category: Unfiled ;
Flu pandemic inevitable, plans needed urgently -WHO
Archive for November 26th, 2004
Real estate prices are correcting in Los Angeles
Bob Morris @ Nov 26th 2004 08:39 - Category: Unfiled ;
After a startling rise in prices over the past several years, home prices in L.A. are dropping. My real estate agent tells me homes he showed a month ago at $899,000 are now $799,999 and that this drop started about a month ago with prices now 10-15% lower.
My condo just went into escrow. By previous L.A. standards, it took an eternity to sell - over three weeks. Two months ago it probably would have sold in a week, and at a higher price. Given the psychotic increase in price in the 33 months I owned it, I’m hardly complaining.
Why did I sell the condo?
Because Miss Monica (Sue Slater) and I are getting married Dec. 30, that’s why!
And the dollar will probably go lower
Bob Morris @ Nov 26th 2004 08:17 - Category: Unfiled ;
Dollar’s record low levels contributed to the record rise in gold prices to $450 an ounce. This is the highest price in 16 years as gold began to be increasingly viewed as an alternative investment.
Much of the fall of the dollar is due to the ballooning deficit caused by the immense amounts of money being spent on the Iraq war.
Those with money sitting around getting 1.5% in a savings account might want to look at the PIMCO Real Return funds, which invest in inflation-indexed bonds, with a current YTD return of almost 7%.
Cannon fodder
Bob Morris @ Nov 26th 2004 08:08 - Category: Unfiled ;
Guardsmen ”from California describe a prison-like, demoralized camp in New Mexico that’s short on gear and setting them up for high casualties.”
These are US troops being treated this way - by the US military!
