[AT] : Ice Storm; now: pawn

[Larry D Goss]

LOL!  Sorry about that Mark.

I use the array of items that are coming out of pawn as a gauge on the 
economy.   When you start seeing a large number of tools in the "front" room 
that are essential for making a living in a trade, you know the economy is 
in the dumpster.  What's scary is when you see items coming out of pawn 
(particularly electronics) that are priced above current retail for the same 
items.  That means things are so bad that the pawn broker got caught off 
guard and gave the item more value as collateral than its replacement price. 
Of course, if the pawn shop is within easy commuting distance of a casino or 
race track, then the contents of the shop have nothing to do with the 
economy -- it just reflects people's addiction to gambling.  But those 
locations can be a real goldmine.  Apparently it's not unusual for people to 
hock some really good items just so they can get back home after a bad day 
at the slots.  I've even done Christmas shopping in pawn shops.  Maybe that 
just shows how weird I am.  :-)

Larry



----- Original Message ----- 
From: "Mark Greer" <greerfam at raex.com>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Saturday, December 15, 2007 8:13 AM
Subject: Re: [AT] : Ice Storm


> Shhhhh! You're giving away our secret sources of all sorts of toys! There 
> is
> a great little pawn shop I frequent that has lightened my wallet more 
> times
> than I care to remember. Too many "deals that were too good to pass up" on
> tools & guns. I stop in every time I go to the barber shop as it is right
> around the corner. Probably stopping in today when the boys get their 
> cuts.
> Mark
>
> ----- Original Message ----- 
> From: "Larry D Goss" <rlgoss at evansville.net>
> To: "Antique tractor email discussion group" 
> <at at lists.antique-tractor.com>
> Sent: Friday, December 14, 2007 10:55 AM
> Subject: Re: [AT] : Ice Storm
>
>
>> LOL!  But those of us who frequent pawn shops can get good deals on
>> generators which have seen very little use.  The timeline to fit into is:
> 90
>> days after the likely need for paying Christmas bills.  That is when the
>> short term loans are due and the generator that was used for collateral
> gets
>> left unclaimed.
>>
>> Larry
>
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