[Leica] Re: What recession?

[jshul at comcast.net (Jim Shulman)]

Gene,

Forget the Leicas--the Pontiac now looks like it'll become quite a 
collector's item.
And it's eligible for the Hershey car show in 2010.

Best,
Jim Shulman
Wynnewood, PA



-----Original Message-----
From: lug-bounces+jshul=comcast.net@leica-users.org 
[mailto:lug-bounces+jshul=comcast.net@leica-users.org] On Behalf Of 
grduprey@mchsi.com
Sent: Friday, February 20, 2009 5:25 PM
To: Leica Users Group
Subject: Re: [Leica] Re: What recession?


 
I guess i am lucky then, as I have no money sinks draining off my funds...  
My ham radios and cameras are paid for, my Audi is also paid for, and my 
wife's leased Chrysler Van goes back to Chrysler next month.  My only 
indulgence, a 1985 Pontiac Fiero is also long ago paid for and I will be 
doing some restoration work on it when the weather finally warms up in a 
couple of months.   As for my retirement funds, I also have lost about 40%, 
although the last 2 quarters I have actually seen 17% gains.


One year into retirement, and I see no reason to go back to work.  ;-)


Cheers,
Gene



 -------------- Original message from Jayanand Govindaraj 
<jayanand@gmail.com>: --------------


> Larry,
> You will be surprised:
> 
> http://www.nytimes.com/2008/05/20/business/20repo.html
> 
> Cheers
> Jayanand
> 
> On Fri, Feb 20, 2009 at 9:28 PM, Lawrence Zeitlin
> wrote:
> 
> > Complaining about high Leica lens prices? Don't be a cheapskate.
> >
> > Because of an inflated former job title, I am on the mailing list of a
> > magazine "Showboats International." This glossy rag features luxury 
> > yachts
> > costing upwards of $1,000,000. The pages are replete with 100 ft. plus
> > boats, featuring interiors that would put Westminster Castle to shame.
> > Tucked amongst the ads for Rolex watches and executive jets is one from 
> > an
> > Italian pen maker, Tibaldi. Partnering with Riva, an Italian classy 
> > runabout
> > maker, Tibaldi offers an inlayed wood ball point pen for a mere $3000. 
> > Come
> > on now. It's a ball point pen that probably doesn't write any better 
> > than a
> > Bic.
> >
> > One of the articles is an interview with a yacht owner, an aged man
> > sporting a nubile young female companion far too young to be his 
> > daughter.
> > Dangling from his shoulder, like a piece of jewelry, is a Leica IIIf. The
> > text of the article suggests that his hobby, in addition to clipping
> > coupons, is adorning his floating palace with functional antiques - the 
> > best
> > products from each era. The centerpiece is a collection of old Leica
> > cameras.
> >
> > Obviously luxury yachting is one segment of the economy that the world
> > recession hasn't impacted. Boatyards specializing in construction of 
> > yachts
> > for the super rich are backed up for years. Although a few have been 
> > caught,
> > most of the Bernie Madoffs of the world are alive and living on their
> > floating pleasure domes off the Cote d' Or.
> >
> > So spring for that new 18 mm lens. Keep Dr. Kaufmann on his yacht.
> >
> > Larry Z
> >
> > P.S. I'm bitter because, as of this morning, my investment portfolio has
> > lost 50% of its former value.
> > _______________________________________________
> > Leica Users Group.
> > See http://leica-users.org/mailman/listinfo/lug for more information
> >
> 
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information

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