User Profile - DeArcos

DeArcos_Robin

Peoria, Il

Thursday July 07 2011 12:06 AM

“ i'm still alive and moved to peoria,il so..i have been real bizzy sorry to all that know me ..its been hell here so i'm doing ok and...have been sick..off and on..i'm just getting old ....lolololol : ”

shorty 42/chill…

Peoria, Il

Friday October 16 2009 09:12 PM

“ loes babe i havent been either been sick in hospital ”

BillsTawk- Jang…

Youngstown, Oh

Wednesday December 24 2008 01:04 PM

“ May you and yours be filled with the joys of the celebration of the birth of Christ! ”

debs

Adelaide Australi…

Monday July 07 2008 05:38 PM

“ Glad your my mate Rob Rock On!!! :o))) ”

BillsTawk- Jang…

Youngstown, Oh

Sunday May 11 2008 12:52 PM

“ World Wide Protest: against OPEC & the excessive oil prices On JUNE 3 DO NOT BUY GASOLINE! Pass it on to everyone emails and in talking with people! If you are able to stay at home do so! Thank you! BIll ”

shorty 42/chill…

Peoria, Il

Sunday March 09 2008 06:21 PM

“ hey ill call you before i come to your house might be soon next week is that ok ”

shorty 42/chill…

Peoria, Il

Saturday March 08 2008 02:22 AM

“ HERE I AM NOT GOOD PIC BUT PEOPLE ARE SAYING IM A MAN CANDI ROACH MAN LOOK AT PROFILE I TELL THEM ”

BillsTawk- Jang…

Youngstown, Oh

Sunday March 02 2008 02:38 PM

“ Hi Rob ECONOMIC COMMENTARY .. I trade stocks daily and have been watching a financial destruction that is picking up momentum now. The current subprime concerns are just the tip of the iceberg of what's about to happen. First the Fed interest rate cuts have a minimal impact on the bigger problem. One must first understand the way our economy operates. When money is loaned out to purchase something that money is placed in the bank and the bank loans it again and the cycle repeats. This then is how money is "created". The speed at which it cycles through the economy is the velocity of money. At present our system is somewhat "damned" as the level of un-creditworthiness increased so does the restriction of the money creation and velocity of money. Thus rate cuts will do very little to help the chronic problem of creditworthiness. It seems that there may be a disconnect with the reality by government. The present action to put $300 in the pockets of every American seems like a great idea but it will be short lived. The problem is creditworthiness and LAWYERS! Wait lawyers? What does that have to do with anything? The credit markets have become overly cautious now because of the onslaught of class action lawsuits so now we have the additional problem of paranoid creditors and un-creditworthy population. Together that spells economic disaster. As I said the government seems to be disconnected with reality. What can be done? It must be a multi-component approach, first being an injection, they got that somewhat right but way too late by June or July when the checks get mailed out, there may already have been significant damage to stock market. Keep in mind that the stock market affects everyone not just the rich as political parties would have you to believe. The stock market is YOUR RETIREMENT, just as corporate profits are your money in the market! Ok that said here is what I would do. Break it down into a three component approach. There must be a short term injection to foster some velocity of money, an IMMEDIATE suspension of the Federal Gas tax for 60 days at least. This will free up more disposable dollars to spend. Second component includes three parts, 1) suspension of lawsuits against credit markets for a period of two years; meanwhile 2) roll back the clock on credit reports for consumers. Creditors should give great value to those who have been a great credit risk just two or three years ago. There are many consumers who HAD excellent credit but fell into this logjam with rising gas costs and domestic private sector wage reduction (Caused by NAFT & GATT that BOTH the democrats (Bill Clinton) and the Republican congress passed in the nineties). Since the nineties private sector wages have fallen while government wages have increased. Government must get back in line with the private sector, thus 3) an IMMEDIATE and significant reduction of government wages along with the elimination of union representation of government employees. (I AM AN ADVOCATE OF UNIONS in the PRIVATE SECTOR). The final component includes freezing mortgage rates to 5% and at the same time foster inflation! Yes thats right inflation! If you borrowed 50,000 to buy a VERY GOOD home in the sixties while you made 10,000 a year (a good wage back then). Today your wage would be more like 40 60,0000 and the dollars you pay back are cheaper dollars so to speak. Thus I am an advocate of a new minimum wage of 15.00 an hour! What would transpire following this is interesting; your McDonalds sausage biscuit would now cost 4.20 cents WOW! But wait a minute you mortgage payment compared to your wages would be nothing! It would not be any problem meeting your mortgage payment. True costs would correspondingly rise at the same time the constants of today would remain constant. Inflation is not the enemy of the little guy, banks hate inflation in fact the Federal Reserve has worked very hard to keep inflation down! Increasing the minimum wage by 3 would increase GDP by three (in terms of dollars) and would reduce the national debt by 2/3rds. Inflation is quite magical and a big help to the little guy. At present our dollar is dropping like a rock! That means foreigners can afford our goods and foreign travel to the US is economical. Thus there is a bright side to the dropping dollar. I would suggest though that you consider gold, silver or just go to your local international airport and convert your dollars to foreign currency Australian Dollar is pulling back for the short term and would be an interesting currency to buy & hold. The rise in Australian Dollar is heavily influenced by the rise in gold prices. Ride the fall in the dollar by putting your money elsewhere other than the US dollar! It will ultimately settle down and you will be very happy if have done so. Thats it for now my friends. This was an unedited quick statement to give you an understanding of what is going on economically YOUR HOMEWORK CALL YOUR CONGRESSMAN AND THE WHITEHOUSE (202) 456-1111 TELL THEM TO SUSPEND THE FED GAS TAX FOR 90 Days at least ”

shorty 42/chill…

Peoria, Il

Saturday March 01 2008 09:39 PM

“ make fun of me all you want 1 day a month mine only mine ”

shorty 42/chill…

Peoria, Il

Saturday March 01 2008 05:49 PM

“ MEOW FROM BOW-WOW BE GOOD FOR CANDI IM STAYING DRUNK ALL DAY GOOD OR BAD CANT DECIEDE ”

shorty 42/chill…

Peoria, Il

Saturday March 01 2008 11:04 AM

“ BOW-WOW TO MEOW BE GOOD IM DONT SO SOMEONE HAS TO ”