TIP: Click on subject to list as thread! ANSI
echo: pol_inc
to: Ross Cassell
from: Bob Ackley
date: 2010-04-25 06:44:42
subject: GM

Replying to a message of Ross Cassell to Ross Sauer:

 RC> Hello Ross!

 RC> 23 Apr 10 23:46, you wrote to WAYNE CHIRNSIDE:

 RS>> decl...err...the Dow has hit 11,000 now for the first time
 RS>> in 5 years.

 RC> The DOW hit higher peaks during so and so's administration,
 RC> which didnt impress your Democrats..

 RC> Why would it impress you now, oops thats right,
 RC> partisanship.

One has to wonder what the numbers would be if they were adjusted for
inflation....

FWIW I worked for Berkshire-Hathaway from 1985-88, and I thought the company's
stock was overpriced (then $3,000/share).  Now it's something over $75,000/share.
IMO nothing is worth that kind of money - even if it's a holding company that owns
a bunch of well known brands - GEICO, Dairy Queen, See's Candies, Borsheim's Jewelers
Florsheim shoes and Nebraska Furniture Mart (which used to be the biggest
one-location
furniture store in the country until they expanded from Omaha to Kansas
City) among others.
B-H also owns big pieces of Coca Cola and the Washington Post newspaper corporation.

I can remember when one could purchase 15 gallons of gasoline, a pack of
cigarettes and
a coke - and get change for a $5 bill.

A couple of years ago I bought a brand new Sears Craftsman snow blower.  Had occasion
recently to look at it a bit more closely.  "Made in China."  I'm
not particularly surprised
but I am disappointed - I have a Sears Craftsman riding mower that has
"Made in USA"
on it.

---
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