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Gresham, Oregon Auto Repair Shops

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Gresham, OR Car Consumer Discussions

Re: News on any new rebates? [glitch1]
by rdy on Tue Jun 02 17:30:20 PDT 2009
They are testing you. Don't bite. RM is an awful dealership. They lied to me continuously even when I proved them wrong. They don't care. Gresham and Wentworth are in market denial. Hannah is hard core, but they will deal if you know your stuff. Carr is probably your best bet if you can stand the pressure. Let me know if I can help you further.
Re: News on any new rebates? [rdy]
by glitch1 on Tue Jun 02 11:59:36 PDT 2009
Wow, interesting. I will try to push for those prices. I talked to Royal Moore (who made it out like I was a fool for not buying at $20K). And so I emailed some other local dealers. Carr currently has a quote to me for $19.1K. The others (like Gresham) are still in the mid-to-high $19's.
Re: so... [circlew]
by wiseman on Sun Jan 25 11:39:54 PST 2009
Exactly! Gresham's Law in action.
Re: so... [wiseman]
by dallasdude1 on Sun Jan 25 09:42:20 PST 2009
MIT Is that the school which allows freshmen to not count their grades into GPA? does MIT stand for Made In Taiwan? Does a GED from MIT count as more than a GED from another institution? glad you read up on what Gresham's Law is. Psst, I didn't read up on Gresham's Law. I took economics at the University of Texas. We don't want old tried and true laws twisted into any fashion here in the south. Its true about what Orwell said and lexicon of the language being twisted to mean the opposite. Thats how the word liberal became something bad, when prior it was free marketers/free trade. Just how do you suppose the UAW came to be something bad to the society? If we arbitrarily command (by fiat) that all workers should be paid the same regardless the productivity of each, the "good ones" who are worth more will exit the system, and the "bad ones" who are worth less than the command price will have an incentive to stay. So, if I do twice as much as my peer on the job, will management pay me twice as much? They are in fact only paying for one set of benefits and therefore much better off as they having to hire two employees to equal my production.
Re: so... [dallasdude1]
by wiseman on Sun Jan 25 07:19:36 PST 2009
"Just where did you learn economics? " MIT. In any case, glad you read up on what Gresham's Law is. Don't you see the analogous situation in labor pricing? If we arbitrarily command (by fiat) that all workers shoud be paid the same regardless the productivity of each, the "good ones" who are worth more will exit the system, and the "bad ones" who are worth less than the command price will have an incentive to stay. In any case, gold standard or any standard is not pre-requisite for Gresham's Law. GL applies any time there is a discrepancy between command value vs. intrinsic value. The pre-1965 90% and pre-1971 40% silver coins have disappeared from the circulation, so have the pre-1982 copper pennies in recent years. Ironicly, this current monetary contraction is so severe that the pre-1982 copper penny's metal value is falling below the command value again in the last few weeks, for the first time in over a decade.
Re: so... [wiseman]
by dallasdude1 on Sat Jan 24 17:13:42 PST 2009
However, like Gresham's Law regarding bad money vs. good money under fiat rule Gresham's law The principle that 'bad money drives out good'. Gresham's law held that if two coins are in circulation and their face value differs from their bullion value, the coin of the higher bullion value will be stored or melted down so that eventually it will be out of circulation. Sir Thomas Gresham was a sixteenth-century English philanthropist and financier whose money founded Gresham College and built the first Royal Exchange in London. Gresham's Law states that when the real value is more than the token value of the money, folks will melt it down and sell it for its real value. This was way before the we went off the standard. Just where did you learn economics?

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