Posted by LAA on August 25, 2009 at 11:41:29 from (212.93.220.66):
In Reply to: Re: O/T National Debt posted by Buzzman72 on August 25, 2009 at 10:49:05:
A fair amount of that money was simply never there. The inflated stock prices before the big crash were not sustainable. If I bought a stock for 20 bucks and it went to 100 and I did not sell I did not make anything, if, when the bottom fell out I sold at 10 it would be reported that I lost 90 dollars per share but in reality I only lost 10 dollars per share. That was the case with vast amounts of 401-k money -- it was there on paper, for a while, and it was considered part of the GDP -- but it was not tangible. I think people aren't spending our way out of this mess because they either don't have it to spend or are scared to spend what they do have.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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