Comments on: EGC Clambake for March 30, 2008 http://www.evilgeniuschronicles.org/wordpress/2008/03/30/egc-clambake-for-march-30-2008/ A journal of geekery, music and joy Sat, 13 Mar 2010 03:59:28 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Ken Nelson http://www.evilgeniuschronicles.org/wordpress/2008/03/30/egc-clambake-for-march-30-2008/comment-page-1/#comment-53070 Ken Nelson Sun, 06 Apr 2008 22:40:02 +0000 441014153#comment-53070 Leave no post or podcast mentioning the Siderunners uncommented; that's my motto. Especially since "Kick in the Caboose" is my favorite 'runners song. Good show; loved the Chris Yale song, and the economic observations. I could ramble on about economics here, or I could do it on my own blog. I'll take the latter route; stay tuned, Good show! -k- Leave no post or podcast mentioning the Siderunners uncommented; that’s my motto. Especially since “Kick in the Caboose” is my favorite ‘runners song. Good show; loved the Chris Yale song, and the economic observations.

I could ramble on about economics here, or I could do it on my own blog. I’ll take the latter route; stay tuned,

Good show!

-k-

]]> By: Paul http://www.evilgeniuschronicles.org/wordpress/2008/03/30/egc-clambake-for-march-30-2008/comment-page-1/#comment-52052 Paul Mon, 31 Mar 2008 03:08:53 +0000 441014153#comment-52052 I used to wonder the same thing you guys did... how that guy afford that $80K car? What does he do? Turns out he leases his car. Or worse, he used his magic equity and bought it on his line of credit. I think you're right to be mad about getting sucked into the economic downturn. People (with access to an order of magnitude more money than us put together) leverage themselves to the hilt, then bail. This time enough people did it that has rippled to the mainstream and touched those of us with sound fiscal responsibility. I used to wonder the same thing you guys did… how that guy afford that $80K car? What does he do? Turns out he leases his car. Or worse, he used his magic equity and bought it on his line of credit.

I think you’re right to be mad about getting sucked into the economic downturn. People (with access to an order of magnitude more money than us put together) leverage themselves to the hilt, then bail. This time enough people did it that has rippled to the mainstream and touched those of us with sound fiscal responsibility.

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