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8 Comments

  1. Good call on finding old vintage cars. Fixing these up and flipping them for twice or more what you paid is also a great hobby. The downside – you have to find a buyer who wants one bad enough.

    Mom’s old T-Bird (1978) is such a car. It has not been run daily since the late 1990’s when my Dad passed away and Mom took up his Camry as her ride. The T-Bird only has a bit over 65,000 on the odometer, having been driven for 20 years. Always undercover.

  2. I would love to go snooping around in other people’s barns. I’m just not that guy. There really isn’t much about me that says; Sure come on in and look around our property. Sadly

  3. Musk shakes up SpaceX in race to make satellite launch window: sources
    Reuters
    October 31, 2018
    https://finance.yahoo.com/news/musk-shakes-spacex-race-satellite-050444856.html

    “It would be like rebuilding the Internet in space,” Musk told an audience in 2015 when he unveiled Starlink. “The goal would be to have a majority of long-distance Internet traffic go over this network.”

    Mars is a smoke screen, he wants to put the telephone and cable companies out of business, all over the world…

    Smart phones and solar chargers all over the world, no land based infrastructure needed…

    Of course, he would control who gets access and who doesn’t, as well as content…

  4. I have already found my “barn find.” It’s a 2004 GMC 3/4 ton diesel powered pickup truck with all the bells and whistles. It has just 1,800 original miles on the odometer, verified by both trusted members of his family, and the showroom condition of the vehicle. It still has that “new car smell” inside. He stores it inside his well-built, heated/cooled workshop and starts it very few weeks. Only one problem: He won’t sell. Yet.

  5. Regarding “…biggest mismatches…”

    I find the issue with wages not growing with low unemployment interesting. The author throws out some theories which might be true. I wonder how much a fearful workforce might be to blame.

    This last recession was fairly long compared to some others I recall. I felt this was largely due to its mishandling. And it was also hyped more than I recall others although by some measures it was not as severe.

    I joined the Navy in July of 1982 largely in response to the recession of that time. I looked it up a while back and unemployment peaked at 11.1% shortly after. However it turned around pretty quick. And even with the high unemployment rate I had quit a job to join the Navy.

    I do not believe this last recession ever had unemployment reach 10% however the recovery was slow and the societal attitude even during recovery seems far more muted and cautious to me. So perhaps people have lowered their expectations or are more fearful than normal that the recovery will not last?

    1. Unemployment numbers are total fantasy,check shadowstats, that compute the numbers the same way as 1980(before they were manipulated yearly or quarterly),believe accurate numbers 20%+.

  6. My ‘barn find’ ended up being at a Cadillac/Infinity dealer outside of Dallas. 2004 6.0L Powerstroke Excursion 4X4 with less than 100K miles for $21,000. Bought it sight unseen (well there were a couple of cellphone pics) while standing in line for boarding at an airport a 1000 miles away. It’s pretty much the only option for a family with 4 or more kids wanting to pull a trailer over 7000 lbs.

  7. Had a massive barn find 2years? ago,barn was damaged in storm and 100+ muscle cars had to be moved or sold(collector had been buying them up for years for posterity)

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