May 2, 2011

Bits Bucket for May 2, 2011

Post off-topic ideas, links, and Craigslist finds here.




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259 Comments »

Comment by Hard Rain
2011-05-02 03:37:19

Comment from Yahoo bin Laden story:

“I bet Bin Laden regrets allowing his iPhone app to “use his current location”.”

LOL…

Comment by combotechie
2011-05-02 04:25:43

I would not be surprised if the U.S. knew for years where Bin Laden was hiding and decided to monitor him rather than take him out.

Monitoring him could be quite useful: The U.S would get to learn who he talked to and what they had to say. After the info from monitoring is milked for all it is worth then he gets done in.

Comment by butters
2011-05-02 04:53:21

And US needed this badly after the bombing of disabled school and killing Gaddhafi’s grandchildren in Libya.

Reagan killed his daughter and Obama killed his Grandchildren. Honestly, how are we any different than Gaddafi and Saddam of the worlds?

Comment by palmetto
2011-05-02 05:11:27

Did anyone take photos before they buried the body at sea?Don’t forget, elections are coming up and the economy is in bad shape. Lol. My cynicism meter is pinned all the way over.

It’s morning in America!

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Comment by SV guy
2011-05-02 05:19:20

“My cynicism meter is pinned all the way over.”

As is mine.

 
Comment by palmetto
2011-05-02 05:30:15

Sales of botox must be through the roof, because I don’t get how they’re doing this with straight faces.

 
Comment by CarrieAnn
2011-05-02 05:33:09

I really had a sense of foreboding when I heard the body was already buried at sea. NBC reported it was done according to Islamic custom but I just looked up Sadam Hussein’s execution on Wiki and his body was returned back to the place of his birth where he was buried next to family members. (Is Saudi custom different than Iraqi?)

The Telegraph in London is reporting it was to done this way so his buriel site did not become a shrine. But their FB link said he was killed last week so they’re obviously not big on getting details straight.

I think the book Confessions of an Economic Hitman has made me a cynic for life.

 
Comment by oxide
2011-05-02 05:56:51

CNN says there are photos; samples were taken for DNA analysis. Wouldn’t that be a hoot if the military killed a decoy? I still have trouble with the “last week” story.

Well we’ll find out soon enough.

 
Comment by palmetto
2011-05-02 06:03:01

“Well we’ll find out soon enough.”

Not until Wikileaks comes out with their report.

Capricorn One.

 
Comment by salinasron
2011-05-02 06:04:04

“My cynicism meter is pinned all the way over.”

As is mine! On the other hand, Bin Laden of late has become sort of a non-entity in the Arab world with what is going on (i.e Syria, Egypt, Libya).

 
Comment by Realtors Are Liars
2011-05-02 06:22:01

“I think the book Confessions of an Economic Hitman has made me a cynic for life.”

Knowing what I know about the Great Housing Fraud made me a cynic all on its own. I’ve been accused of being “negative” by those that know me well and it’s really a lame accusation. Those that accuse me are the same folks who get by with the same corrupt thinking that so many home debtors used to rationalize monetizing home “equity”.

 
Comment by Professor Bear
2011-05-02 07:12:01

Before you guys get too suspicious over the ‘Burial at Sea’ story, reflect for a moment on what would happen to whatever site might have been used for ‘Burial at Land.’

 
Comment by oxide
2011-05-02 07:22:25

Carrie Ann, I think the “Islamic custom” part was burial within 24 hours, not that “at sea” part. Not sure about Saddam.

 
Comment by CarrieAnn
2011-05-02 08:35:51

That’s a good point. I guess I’d feel better if I heard other people besides the US gov, the same people who support a strong dollar policy while conducting QE, were supporting the confirmation of his death.

Also seven hours (as I understand the timeline) falls pretty short of the 24 hour window.

 
Comment by RioAmericanInBrasil
2011-05-02 08:40:20

Bin Laden

Bin Laden is dead. This would not be like a “fake” moon landing proof.

Which is harder to prove? The moon landing happened or someone is not dead?

 
Comment by Steve J
2011-05-02 08:51:39

The British papers obituary is pretty funny:

Following the suicide bomb attack on the USS Cole on October 12 2000, the FBI’s New York chief of counter-terrorism went out to Yemen hoping to interview suspects who had been arrested by the Yemeni security services. Gun-toting, brash and undiplomatic, he so enraged his hosts that the US ambassador in Yemen was driven to demand that he be recalled. The failure in Yemen — a major communications hub for al-Qaeda — may have blocked off lines of investigation that could have led directly to the terrorists preparing for September 11.

 
Comment by Big V
2011-05-02 12:16:07

Gee, that British report isn’t going out of its way to be anti-American or anything. Whenever I hear someone start with the words “gun toting”, I tune out.

 
Comment by measton
2011-05-02 14:42:22

I think it more likely he was caught and the burial images were staged and he is on his way to a dark box for information extraction.

 
Comment by Professor Bear
2011-05-02 19:07:20

CBSNEWS
May 2, 2011 5:20 PM
Rush Limbaugh: “Thank God for President Obama”

“Thank God for President Obama,” conservative radio host Rush Limbaugh said on his program today in response to the death of Osama bin Laden.

The controversial conservative may have been speaking facetiously — later in the program, he laughed at media reports covering the praise he seemingly lavished on the president.

But for a solid eight minutes at the start of his popular talk show, Limbaugh gave what sounded like a serious commendation of the president’s decision to launch an attack against the al Qaeda leader, as Mediate reports.

“We need to open the program today by congratulating President Obama,” Limbaugh said. “President Obama has done something extremely effective, and when he does, this needs to be pointed out.”

“President Obama has continued the Bush policies of keeping a military presence in the Middle East,” he continued. “He did not scrub the mission to get bin Laden. In fact, it may be that President Obama single-handedly came up with the technique in order to pull this off. You see, the military wanted to go in there and bomb like they always do. They wanted to drop missiles and drop bombs and a number of totally destructive techniques here. But President Obama, perhaps the only qualified member in the room to deal with this, insisted on the Special Forces.”

 
 
Comment by oxide
2011-05-02 05:12:45

There are a lot of answers to your question, butters. Human shields and whatnot.

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Comment by butters
2011-05-02 05:31:23

Ah, the human shields argument. That’s so Bush like of you.
It probably worked the first few hundred times…….

 
Comment by Big V
2011-05-02 07:23:28

Butters:

The military is now saying that one woman was killed during the fight because one of the Al Quada fighters was using her as a shield. They also say that two other women were injured. I’d love to hear their testimony. If this is true, then it will ruin Al Quaeda’s credibility (yes, I do not know how to spell Al Quaida).

 
 
Comment by Professor Bear
2011-05-02 07:02:40

“Honestly, how are we any different than Gaddafi and Saddam of the worlds?”

Our approach certainly is a lot more surgical; didn’t Bin Laden openly say he wanted to eliminate America from the map? I can’t remember the U.S. making any similar statements about entire nations…

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Comment by Professor Bear
2011-05-02 07:32:30

CRICKETS…

 
Comment by drumminj
2011-05-02 07:46:42

CRICKETS…

we’re still killing civilians. Does it really matter whether our goal is to wipe out an entire nation or not?

 
Comment by Steve J
2011-05-02 08:11:33

God is on our side.

That is why we are different.

 
Comment by RioAmericanInBrasil
2011-05-02 08:23:04

we’re still killing civilians. Does it really matter whether our goal is to wipe out an entire nation or not?

Is that a trick question?

 
Comment by Gadfly
2011-05-02 08:34:48

Riddle: How do you kill a terrorist in Afghanistan?

Answer: Dress them up as a wedding party.

 
Comment by Professor Bear
2011-05-02 11:06:37

“Does it really matter whether our goal is to wipe out an entire nation or not?”

It matters to me. The people who flew airplanes into the World Trade Center towers were deliberately and indiscriminately targeting civilians. So far as I can tell, our military actions are aimed at military targets; problems arise when military targets hide out in civilian areas.

 
Comment by drumminj
2011-05-02 11:24:46

The people who flew airplanes into the World Trade Center towers were deliberately and indiscriminately targeting civilians.

So you think that it’s okay to kill civilians if they’re collateral damage, but not if they’re specifically targeted? Or that the former is “less worse” than the latter?

Forget the concept of “human shields”. How many civilians have we mistakenly killed? Remember the Chinese consulate? Or the wedding party referenced elsewhere in today’s bucket?

 
Comment by Professor Bear
2011-05-02 11:48:52

‘Or that the former is “less worse” than the latter?’

Yes.

 
Comment by oxide
2011-05-02 11:49:45

Forget the concept of “human shields”.

Why? Terrorism tactics are based on it.

 
Comment by Big V
2011-05-02 12:18:44

Look y’all. Starting unnecessary wars is the problem. There will always be collateral damage in any war. It’s something we should definitely try to avoid, but it’s gonna happen. Maybe if people felt like there was a good reason for the war itself, then they wouldn’t be as outraged by the collateral damage.

 
Comment by Mike at Petco Park
2011-05-02 15:01:37

Bin Laden said he could never defeat the US military, but he could help bring down the US economy.

Looking at the last 10 years, I’d say he was pretty successful. The Fed’s response to the terrorist attacks unleashed the easy money policies that put the US in the position it now finds itself.

 
 
Comment by ahansen
2011-05-02 08:24:43

Interesting, too, that they would release the news to the general public during Donny Trump’s reality TV show.

Sad thing is, bin Laden was just the VC guy behind al Queda, not the mastermind, and his assassination, while symbolic, won’t change a thing. Sort of like shooting Lloyd Blankfein– viscerally satisfying to some, but ultimately fruitless.

His goal was to overextend the US militarily to the point its economy failed, then run its empire out of the Muslim nations. In that, he has succeeded masterfully. What was once a small ideologically-inspired criminal gang is now an international political movement. And the US economy is skee-rude.

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Comment by drumminj
2011-05-02 09:25:29

His goal was to overextend the US militarily to the point its economy failed, then run its empire out of the Muslim nations. In that, he has succeeded masterfully.

Exactly. We have absolutely made his point for him, and have only sown the seeds for even more like him, as we have interfered even more in the middle east, and killed many more civilians.

 
Comment by SV guy
2011-05-02 10:13:01

Ahansen,

I agree wholeheartedly with your statement.

All our adversaries had to do was wave the red flag and we came charging. Which will end in our empirical demise.

Which in the ling run is probably a good thing.

 
Comment by Professor Bear
2011-05-02 12:00:33

“Exactly.”

Here we agree. A trap was laid, and we fell for it…

 
Comment by Big V
2011-05-02 12:22:35

No, the United States is not screwed, and OBL did not cause our financial troubles. You guys are more anti-American than the terrorists even. I think you should be a little more grateful, and also try to be a little more productive with your criticism.

 
Comment by The_Overdog
2011-05-02 14:13:25

His goal was to overextend the US militarily to the point its economy failed, then run its empire out of the Muslim nations.

———————————
The US economy has not ‘failed’ by any realistic sense of the word and OBL ran the US into 2 more wars in Muslim nations than we were engaged in back in 2000. Seems like an odd path to victory if you asked me. Like the way Rocky tires out his opponents by allowing them to punch him in the face before he attacks. Only problem is a risky strategy that really only works in the movies.

 
Comment by ahansen
2011-05-02 14:36:47

Reading comprehension is our friend, V. And our patriotism is not for you to ascertain or adjudge.

Once again you provide us apt demonstration of that which you purport to disparage.

“…a little more productive with your criticism….”

 
Comment by Big V
2011-05-02 15:00:53

ahansen, what you just said has no meaning. “Reading coomprehension is our friend”. That implies that you didn’t say what I think you said. Please re-read your own post in an effort to understand how words written and read in the same language often have only one meaning.

 
Comment by liz pendens
2011-05-02 16:44:42

Big V why don’t you re-read your arrogant post.

 
Comment by Big V
2011-05-02 17:35:33

Sorry, everyone, but I am not one of the naysayers who attempt to discredit America while giving all the glory to some stupid terrorist. Our problems were cause by us, and only WE can solve them. It doesn’t help to be a defeatist.

 
Comment by liz pendens
2011-05-02 17:45:52

Agree with you V. Really frustrating that the sheeple won’t even admit to causing their own problems let alone ever begin to consider solving them. With the current (or foreseeable) leadership and prevalent apathetic, laziness of the average American it just all seems so hopeless. Hard to not to think the terrorists must be laughing, especially at our pathetically transparent media and the pre-school level show they put on for the World.

 
Comment by lucy
2011-05-02 18:21:01

Big V, you’re not the sharpest crayon in the pencil case are you.

 
Comment by RioAmericanInBrasil
2011-05-02 18:45:20

Sorry, everyone, but I am not one of the naysayers who attempt to discredit America while giving all the glory to some stupid terrorist.

+1 and I don’t think the terrorists are laughing at us much now. They’ve been on the run for a while now. Yes, a few of us will die here and there because of them but not that many so far.

And as far as USA’s debt “caused” by the terrorists, some of that is true but please wake me up when terrorists can print the world reserve currency.

 
Comment by Big V
2011-05-03 04:07:00

lucy:

You should not put your crayons in your pencil case. It’s more organized just to keep your pencils in there. And yes, I am the sharpest one.

 
 
 
 
Comment by Muggy
2011-05-02 05:20:59

Wow, I’m glad I’m staying put. I guess we’ll see if the suitcase nuke rumors are real.

Interesting times.

 
Comment by liz pendens
2011-05-02 05:31:41

Just curious: Did his toes curl upward as he expired?

Comment by liz pendens
2011-05-02 17:01:00

Ding-dong the wicked witch is dead! - first thing that came to mind when I saw mass celebration footage.

 
 
Comment by Big V
2011-05-02 06:04:26

I really wish they would have brought him back alive and given him a trial so the world could have a measure of justice. It seems barbaric to just go around killing people like that. Oh well, at least stocks are up and gold is down on the news. Weird.

Comment by CarrieAnn
2011-05-02 06:11:24

Fear of retaliation = expectations of people flooding back into the dollar

at least stocks are up and gold is down on the news. Weird.

What’s interesting is that a collapse started in silver at the open before Obama or even the news agencies made the announcement the hit had occured.

Comment by Albuquerquedan
2011-05-02 06:44:37

Yes. It started early on Sunday. But the short positions were in place well before that, thus my warning to this board about silver prices early Friday morning.

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Comment by Blue Skye
2011-05-02 06:16:53

That “trial” idea qould take all the fun out of old fashioned war, wouldn’t it?

Comment by Big V
2011-05-02 06:29:39

I guess they would have needed to produce a body for the trial. Maybe it is a conspiracy after all. Fun stuff.

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Comment by oxide
2011-05-02 07:24:27

According to the briefing, bin Laden was killed in a firefight as he defended himself. So it’s not as if they had a choice.

Comment by Steve J
2011-05-02 08:13:49

Of course, he was also reported to be gravely ill from kidney failure. Sheesh, I wish the government would get thier stories straight.

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Comment by polly
2011-05-02 08:24:56

People who require dialysis can’t pick up guns? Who knew? I wish people would tell us stuff like this.

 
Comment by Steve J
2011-05-02 08:57:24

He did not get treatment according to some sources:

Pakistan’s president says he thinks Osama bin Laden is most likely dead because the suspected terrorist has been unable to get treatment for his kidney disease.

“I think now, frankly, he is dead for the reason he is a … kidney patient,” Gen. Pervez Musharraf said on Friday in an interview with CNN.

 
Comment by polly
2011-05-02 10:19:21

You believe a self-serving comment like that by Pervez Musharraf? Seriously? Pakistan is not a reliable US ally. I would not believe Musharraf any further than I could throw him.

 
Comment by Steve J
2011-05-02 13:19:59

Well, he was found two miles from the Paki intelligence headquarters shows they were in a position to have unique information about the guy.

It also shows they have been playing both sides for years.

 
 
 
Comment by lucy
2011-05-02 08:12:19

Gold is up.

 
Comment by RioAmericanInBrasil
2011-05-02 08:26:35

It seems barbaric to just go around killing people like that.

Then maybe some of them can understand it.

 
Comment by Montana
2011-05-02 09:42:41

I’m glad they killed him but we need to see the evidence.

Comment by oxide
2011-05-02 10:29:54

I’d like to see a little more of the inside of the house. I hope they took pix. Were there documents? Were there computers? Were there dialysis machines?

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Comment by Professor Bear
2011-05-02 11:09:34

“I’m glad they killed him but we need to see the evidence.”

I hereby produce the evidence.

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Comment by sfbubblebuyer
2011-05-02 15:38:35

And only the ‘long-form’ corpse will do!

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Comment by Professor Bear
2011-05-02 12:02:40

Still waiting for the effects of the ’strong dollar’ policy to kick in…

WSJ dot com

* MAY 2, 2011, 12:05 P.M. ET

Dollar Slides To New Lows As Bin Laden Rally Fades Decisively

By Javier E. David
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)–Early euphoria for the dollar over the demise of Osama bin Laden faded Monday, with traders sending it to a new 2-1/2 year low as news of the death of the September 11 mastermind was eventually overtaken by pessimism over the U.S. currency’s dour fundamentals.

Markets around the world were riveted by news that bin Laden had been slain in Pakistan, helping to boost sentiment toward the dollar in markets thinned by holidays in Asia and London. His death was the culmination of a decade-long manhunt for the intellectual architect of the Sept. 11, 2001, attacks, and the leader of worldwide terrorist movement al Qaeda.

The U.S. currency was momentarily lifted by the outpouring of emotion surrounding bin Laden’s death. But it eventually succumbed to its longer-term downtrend, as the yield advantage European assets enjoy over those of the U.S. reasserted itself as a market driver.

The Federal Reserve’s preference for ultra-loose monetary policy and a seemingly intractable federal deficit have made investors reluctant to hold the dollar. In an environment where investors are seeking higher yields, the euro has benefited from expectations that the European Central Bank will tightening borrowing costs further to stamp out rising inflationary pressures.

 
 
Comment by Professor Bear
2011-05-02 07:10:00

I’m skeptical of the rumors some have started circulating that Bin Laden has been dead for years. Give credit where (and when) credit is due.

Bush Congratulates Obama on Bin Laden Killing

Former president makes rare, post-presidency statement after learning of the U.S. strike.
By Josh Voorhees | Posted Monday, May. 2, 2011, at 9:00 AM EDT

Former President George W. Bush, who famously declared that he wanted Osama Bin Laden dead or alive, released a rare post-presidency public statement Sunday, calling the U.S. killing of the al-Qaida leader “a momentous achievement.”

A Bush spokesman told the Associated Press that President Obama called Bush in Dallas shortly after 9 p.m. central time Sunday to inform him of the news. The call lasted roughly four minutes. The spokesman said that the former president does not have any plans to make any additional statement.

“I congratulated him and the men and women of our military and intelligence communities who devoted their lives to this mission. They have our everlasting gratitude,” Bush said in his released statement. “This momentous achievement marks a victory for America, for people who seek peace around the world, and for all those who lost loved ones on Sept. 11, 2001. The fight against terror goes on, but tonight America has sent an unmistakable message: No matter how long it takes, justice will be done.”

Comment by edgewaterjohn
2011-05-02 07:56:08

“momentous achievement”? Really?

Necessary measure…maybe. Justice…for some - certainly. But momentous achievement, killing one holed up dude? So this is on par with the moon landing, first trasncontinental railroad, polio vaccine?

Whacked perspective to be sure.

Comment by scdave
2011-05-02 08:14:50

Whacked perspective to be sure ??

Its what one would expect from a narrow thinker…

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Comment by liz pendens
2011-05-02 08:48:47

Never celebrate death. Life deserves more respect.

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Comment by Big V
2011-05-02 12:26:25

+1

 
Comment by Itsabouttime
2011-05-02 15:51:05

+ 1 more

 
Comment by Neuromance
2011-05-02 19:11:26

Never celebrate death. Life deserves more respect.

Usually true. Not always. And this is one of the times I’m celebrating a death.

The world is a complex place.

 
 
 
Comment by oxide
2011-05-02 11:53:29

I thought it was pretty funny that they were on the phone for 4 minutes, and that the Bush camp released only a short statement. Geez, Bush traveled and made speeches and ran the United States for 8 years. He played all cowboy with terrorism, and now he can’t be arsed to dress in a suit and read his statement in person?

Methinks Bush was pretty po’d. Or *ahem* not at his full faculties.

 
 
Comment by lucy
2011-05-02 08:07:37

The White House announces that bin Laden is dead. Trump demands that they release the death certificate.

Comment by scdave
2011-05-02 08:15:52

LOL….

 
 
Comment by AV0CAD0
2011-05-02 10:51:37

Congratulations Obama!!!!!!! America F* yah!

 
Comment by oxide
2011-05-02 12:23:36

The CNN blog has answered some questions:

———
Bin Laden and his family lived on the 2nd and 3rd floors of the 3-story building, and those floors were cleared last, the official said. The official says one of bin Laden’s own wives identified his body to U.S. forces, after the team made visual identification themselves.

U.S. forces also recovered what a senior Intelligence official is calling “quite a bit of material.”

“There’s a robust collection of materials we need to sift through, and we hope to find valuable intelligence that will lead us to other players in al Qaeda,” a senior intelligence official said.

…Osama bin Laden’s body was buried at sea according to Islamic law because no country was willing or able to take his body for burial on land, senior Defense officials said.

“When there is no land alternative, Islamic law dictates that the body be buried within 24 hours, and that was the basis,” one official said. “

A second senior Defense official said there was no country willing or able to accept the body for burial, and U.S. forces “took pains to observe Muslim law.”

“Today’s religious rites were conducted on the deck of the USS Carl Vinson in the Arabian sea. The ceremony started at 1:10am and finished at 2:10am ET,” the second official said. “Procedures for Islamic body were followed. The body was washed and placed in a white sheet. A military official read prepared remarks, which were then translated into Arabic by a native speaker. The body of Osama bin Laden was placed on a flat board, which was then tipped up, and allowed to slide into the sea.”
———-

http://news.blogs.cnn.com/2011/05/02/obama-to-make-statment-tonight-subject-unknown/?hpt=T1

 
 
Comment by Hard Rain
2011-05-02 03:59:32

Just wondering, when does Lloyd Blankfein receive his beatification for turning Pick-A-Pay mortgages in to AAA rated MBS?

Comment by liz pendens
2011-05-02 05:30:28

Bin Laden is dead and Lloyd Blankfein toasting the good life on his megayacht. Which is responsible for more overall harm to humanity?

Comment by Bill in Carolina
2011-05-02 06:22:39

Between those two? Bin Laden.

Comment by liz pendens
2011-05-02 09:14:18

TBTF will ruin more lives than any terrorist ever could dream of.

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Comment by MrBubble
2011-05-02 10:47:36

“TBTF will ruin more lives than any terrorist ever could dream of.”

Sad, but true.

 
 
 
Comment by Steve J
2011-05-02 08:15:57

Those rich sheiks in Saudi Arabia that bankrolled Bin Laden for the past 20 years.

 
 
 
Comment by wmbz
2011-05-02 04:01:58

Shoppers should get ready to pay more at register
~ Associated Press

CINCINNATI — Households reeling from gasoline near $4 also face bigger bills for everything from changing their babies’ diapers to wiping their noses to treating themselves to ice cream.

Major makers of everyday consumer products and groceries say they have to raise prices to offset soaring costs for their fuel and the materials and ingredients that go into their products.

Retailers are trying to pass that along at the cash register, adding pressure on a sluggish U.S. economic recovery.

The list of companies saying this week that they are raising prices is long: Kimberly-Clark (KMB) (Huggies diapers, Kleenex facial tissue); Procter & Gamble (PG) (Pampers diapers, Gillette shavers); Unilever (UL) (Dove soap, Ben & Jerry’s ice cream); Colgate-Palmolive (CL) (toothpaste, soap); and PepsiCo (PEP) (soft drinks, Frito-Lay snacks).

Even as corporate results were being analyzed on Wall Street, the news about Main Street wasn’t encouraging. The U.S. Commerce Department reported that economic growth slowed in the first three months of the year, while unemployment benefit requests climbed again last week.

So while companies have seen better results in the past year after battling for frugal shoppers with price cuts and discounts during the recession, it might be tough to find much slack in many homes’ budgets.

“There’s a fine line that these companies are going to have to work around,” said Jack Russo, an Edward Jones analyst. “You’ve got to be real sensitive to consumers and their ability to afford higher-priced products.”

Kim Smith, a mother of two in Cincinnati, said she can’t, and doubts that the many people already hurt by rising gas prices can, either.

“That’s going to affect a lot of people,” said the restaurant worker. “Stuff is getting too high; if it gets higher, you won’t be able to buy it.”

PepsiCo is seeing higher costs for corn, wheat and oil and said it will cut its own cost while raising prices, while treading cautiously around household budgets.

Comment by Big V
2011-05-02 06:12:16

I hate Pepsi. Drink Coke.

Comment by Realtors Are Liars
2011-05-02 06:14:21

+1.

 
Comment by Va Beyatch in Virginia Beach
2011-05-02 06:39:42

I watched that documentary about Sugar (Sugar.. the bitter truth) last night. Now I don’t ever want to drink soda again :-)

Comment by sfrenter
2011-05-02 09:32:36

Not just soda - ALL sugar is poison. That sux.

I watched that documentary about Sugar (Sugar.. the bitter truth) last night. Now I don’t ever want to drink soda again

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Comment by AV0CAD0
2011-05-02 10:53:41

Now watch Food Inc. Soon you will only eat food you grow.

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Comment by lucy
2011-05-02 08:18:26

Drink water and lose some of that fat.

Comment by Gadfly
2011-05-02 08:38:01

Do you know what fish do in that stuff?

Beer me.

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Comment by Big V
2011-05-02 09:13:53

No, diet Coke.

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Comment by Arizona Slim
2011-05-02 10:11:14

I don’t care for Pepsi or Coke. Most of the time, I just drink water.

Comment by oxide
2011-05-02 11:48:32

Herbal tea with stevia. Or carobonated water with a little lemon juice and stevia in summer.

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Comment by Big V
2011-05-02 12:29:37

oxide,

Doesn’t stevia contain sugar?

 
Comment by Steve J
2011-05-02 13:23:56

Gotta love the sugar lobby:

Stevia remained banned until after the 1994 Dietary Supplement Health and Education Act forced the FDA in 1995 to revise its stance to permit stevia to be used as a dietary supplement, although not as a food additive — a position that stevia proponents regard as contradictory because it simultaneously labels stevia as safe and unsafe, depending on how it is sold.

 
 
 
 
Comment by polly
2011-05-02 06:13:42

I find myself being more careful to take advantage of the buy one, get one free offers at places like Harris Teeter and to stop off for a rain check if they are out of the item. The regular sale progression has slowed down too. Certain prices that you used to see one week out of a month are happening much less frequently.

 
Comment by ecofeco
2011-05-02 12:39:22

If this is the deflation everyone said was coming, I’d hate to see the real inflation.

 
 
Comment by FB wants a do over
2011-05-02 04:10:29

Does this mean we can pull the troops out of Iraq and Afghanistan?

Comment by liz pendens
2011-05-02 05:03:55

No, now more troops are needed in Pock-ee-stahn.

Comment by palmetto
2011-05-02 05:42:53

“Pock-ee-stahn.”

Lol, every time I hear him say that, I just shake my head.

“You say toMAYto, I say toMAHto…”

Comment by oxide
2011-05-02 11:56:40

To be fair, the international new broadcast from India says “pock-ee-stahn.”

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Comment by Big V
2011-05-02 06:13:47

Teehee. I think those are the same people who eat Kwa-sahn instead of croissants.

Comment by Arizona Slim
2011-05-02 10:12:35

My mother is one of those people. Methinks it has something to do with all those years she spent teaching high school Spanish. One of her best friends taught French.

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Comment by LehighValleyGuy
2011-05-02 05:06:59

It would definitely be a good occasion to declare victory and leave.

Comment by palmetto
2011-05-02 05:13:19

Exactly, Lehigh. Now would be a good time.

 
Comment by Montana
2011-05-02 05:59:45

agreed…but then we would be ‘deserting the afghans and creating new breeding grounds for terrorists blah blah

 
 
Comment by combotechie
2011-05-02 05:08:51

Killing Bin Laden may be the face-saving excuse we need.

Declare “Mission accomplished” then bring the boys home.

Next: Cut the military budget.

Comment by Mike in Miami
2011-05-02 05:56:13

That’s about the course of action anybody prudent would take. It’s the perfect excuse to declare victory and bail out of those hell holes asap. Military budget is around $600 billion, so that sould free up at least $200 billion, possibly more once you include all the off budget warmongering expenses.
I am sure our Congress will find a way to even waste this golden opporunity, or pull out just to start another war else where.

Comment by drumminj
2011-05-02 07:19:47

I am sure our Congress will find a way to even waste this golden opporunity, or pull out just to start another war else where.

It’s the CiCs job to decide where troops are deployed, no? Not Congress…

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Comment by Steve J
2011-05-02 08:19:22

It required Congressional approval a few years ago.

Now a days of course, the president can invade any where.

 
Comment by drumminj
2011-05-02 09:33:13

Now a days of course, the president can invade any where.

my point was that Congress authorized military action in Iraq (and Afghanistan). I don’t know whether they can revoke that authorization, but it’s not up to them to move troops around. That’s up to the President….

So it’s Obama’s call whether to bring them home. You know, like the Dem’s promised in their 2006 congressional campaign. And like Obama did in 2008…

 
Comment by Steve J
2011-05-02 12:30:26

Putting Iraq/Afghanistan war on budget would bring the trips home a lot quicker.

 
Comment by Big V
2011-05-02 12:31:32

Congress authorizes the funds.

 
 
 
Comment by In Colorado
2011-05-02 05:58:45

Somehow, I doubt this is going to happen.

Comment by edgewaterjohn
2011-05-02 07:59:59

And you would be right. We’re in too deep. This is exactly why there should have been more debate years ago. Now, it’s too late and the exit not so simple.

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Comment by polly
2011-05-02 06:04:15

It needs to be done, but keeping the troops and contractors employed is the one form of stimulus spending the republicans in the House will vote for, so I don’t think that you are going to see big cuts anytime soon.

Comment by Big V
2011-05-02 06:15:54

Stimulus by murder. Great.

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Comment by ecofeco
2011-05-02 12:43:11

Eisenhower warned of the military industrial complex gaining too much power in his exit speech from the Presidency.

We are now living in the results of his warning not being heeded. Lockheed is practically a fourth branch of the government.

 
 
 
Comment by Hwy50ina49Dodge
2011-05-02 06:28:23

Next: Cut the military budget.

Ho ho, hah hah, hehehehehehe, BwaHaHaAhHAHAHAHAHAHA!!! (Cantankerous Intellectual Bomb-thrower™)

“TruePathtoProsperity™” cult members are demanding that you peons,… Stay focused! ;-)

Linda the Lunch Lady lives Lavishly!

 
Comment by scdave
2011-05-02 08:29:08

Next: Cut the military budget ??

You can bet on it…That is the purpose of the Panetta move…..If your community is close to a military base it better be Air Force or Navel Aviation…All others are going to be in the cross hairs…Base closures are coming IMO…

 
Comment by vicever
2011-05-02 09:38:03

In that case, an new enemy will soon be found to replace the old one. The mighty weapon industry needs an enemy that we could constantly fight with.

 
Comment by AV0CAD0
2011-05-02 10:55:43

+1

 
 
Comment by scdave
2011-05-02 08:21:34

Does this mean we can pull the troops out of Iraq and Afghanistan ??

It could be the political precursor that allows it to happen…

Comment by Montana
2011-05-02 09:47:52

It would be an enormous relief to everyone, including the right, provided there are not any immediately obvious ramifications, like another 9/11.

 
 
 
Comment by albuquerquedan
2011-05-02 04:14:04

The killing of Osama is going to mess with the mind of the Muslim fanatics since all in Islam always believe that anything that happens is “God’s will”. Many will believe that perhaps he was not as close to God as they,first, believe. In another develop the manipulation of silver has begun. At one point yesterday, they had it down by 10%. Since it is down 7% now they are meeting resistence. Osama been dead about a week so is sure is nice to have inside information like the big boys, just wonder if that was one of the reasons that the short position was developed. I don’t say it often and I think for good reason but the Obama adminstration did a good job. However, as always in these cases the brave people in the military deserve the most credit.

Comment by oxide
2011-05-02 04:31:42

Where are you getting the information that Osama has been dead for a week?

Comment by albuquerquedan
2011-05-02 05:05:42

It was reported last night on CNBC. I will try to get it in published form.

Comment by oxide
2011-05-02 05:27:23

Everything I’ve seen says that bin laden was killed only last night. The compound is still on fire. Very few people knew about the raid, not even Pakistan.

Do you really think President Obama called up Lloyd Blankfein and said “Hi honey we’re gonna kill OBL; might be a good time to short silver”? Oh pleeze.

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Comment by palmetto
2011-05-02 05:55:24

No, more like Blankfein said “We wanna short silver, now would be a good time to get rid of OBL”.

Lol.

 
Comment by Albuquerquedan
2011-05-02 09:33:54

You do not find it interesting that last week was strong on the stock market with no news to justify it, but now on the news the market is hardly moving at all? Don’t think that OBL was killed to make silver fall but that the PTB that had the inside information of his death decided to use it to set silver up for a massive fall to have a chance to get out of their short positions. As I said earlier they don’t seem to be pulling it off since silver is far off its lows but they may have covered a fair amount when it was down earlier.

 
Comment by RioAmericanInBrasil
2011-05-02 09:56:16

PTB that had the inside information of his death decided to use it to set silver up for a massive fall

But Dan, there is no “massive fall”. Silver is not even down 10% from its high and this after a “massive” one year and five year run. 10% up or down for silver is kind of a yawn no?

I think we’ve both seen the silver market correct 35% over a span of a week before. I have.

They don’t call silver “the restless metal” for nothing.

 
Comment by Albuquerquedan
2011-05-02 10:17:09

I said they wanted to, not that they did. In fact, the post said that they were failing. They did have it down by 10% at one point. People can get stopped out in that type of move and that is what I warned people about Friday. If the PTB could control everything, there would have been no crash that forced them to seek bailout funds. However, that does not keep them from being insiders in the crony capitalism game and making fat profits from the inside information. Yes, we both have seen a 35% correction in a week and I say that was caused by manipulation by the PTB, who do not want the Fiat currency gravy train to end. However, with the developing world buying of the physical metals that is getting harder and you may pick up the paper someday and find that J.P. Morgan has imploded due to a massive short position in silver, if the reports that it has such a position are correct.

 
 
 
Comment by albuquerquedan
Comment by oxide
2011-05-02 05:31:38

“A US official reported that Osama bin laden is dead and the American president is likely to
announce this in a short while in the white house.The US army believed to have Osamas dead body.

Reports says that Osama bin laden had been killed one week ago by US millitary and CIA operation, The US government waiting for DNA test to confirm and the news will be released by Obama.

This is a very big achievement by US millitary after a decade search. This will be good news for the poepled died
in Twin Tower attack.

Osama bin laden was hiding in hill area after the US Afghanisthan attack. Pakistan intelligence agency also confirmed his death. Osama bin laden killed in a residence near Islamabad, capital of Pakistan, CNN Reported.”
——–

This I’m supposed to believe?
Nor do I think the “poepled died in Twin Tower attack” will care about the good news.

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Comment by palmetto
2011-05-02 05:53:14

Oh, I definitely believe he’s dead. And has been for going on 10 years. He’s been a useful boogeyman, though. I guess they figured they’d gotten enough mileage and now he’s worth more dead than alive.

 
Comment by palmetto
2011-05-02 05:57:30

Anyway, it’s been a great Capricorn One.

 
Comment by Realtors Are Liars
2011-05-02 05:58:42

Oxy,

Give the new EddieTard a warm welcome.

 
Comment by palmetto
2011-05-02 06:05:28

Bah, you’re just pissed about my lovebugs post.

 
Comment by oxide
2011-05-02 06:09:14

A-dan knew too much about nuclear power to be Eddie.
Now if you mean a metaphorical Eddie, well not quite that either..

 
Comment by Bill in Carolina
2011-05-02 06:28:33

Why do some persist with the childish name-calling? It’s like a time warp back to elementary school playground.

 
Comment by Realtors Are Liars
2011-05-02 06:40:41

Then it should feel right a home for you. The only difference is your playground team cries foul on every play.

 
Comment by Professor Bear
2011-05-02 07:04:38

“And has been for going on 10 years.”

Hard to check that, given news of ‘burial at sea.’ But photos before burial would help corroborate; has any MSM outlet produced photos of the body?

 
Comment by Big V
2011-05-02 07:29:31

I want to see photos of the body with a dated newspaper visible in the image. I also want to hear testimony from the women who survived the fight.

 
Comment by lucy
2011-05-02 08:57:04

“I want to see photos of the body with a dated newspaper visible in the image.”

Because there’s no way anyone in the CIA or NSA knows how to use photoshop.

 
Comment by Steve J
 
Comment by Big V
2011-05-02 09:15:03

lucy

There are people in this world who know how to recognize a PhotoShopped image.

 
 
Comment by AV0CAD0
2011-05-02 11:01:08

Is the Jemez fish-able yet?

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Comment by polly
2011-05-02 06:07:56

“since all in Islam always believe that anything that happens is “God’s will”.”

Better to remain silent and be thought a fool than to speak out and remove all doubt.

Abraham Lincoln, 16th president of US (1809 - 1865)

Comment by Albuquerquedan
2011-05-02 06:53:10

Actually, if you study Islam and I have, you will find out that the key difference between Islam during its golden period and now is the amount of “free will” that is allowed in the religion. Islam after the sacking of Baghdad in 1258 became a much darker religion that crushed any democratic ideas in its dogma and more a believer that everything is determined by God and there is very little a person can do to alter their life.

Comment by Albuquerquedan
2011-05-02 07:13:25

I know some people do want to learn and exchange ideas instead of name call so here is a link about Islam and you will under stand why when Clinton tried to kill him and missed with the tomahawks and Bush failed to capture him because of too few boots on the ground it was considered God’s will and boosted him greatly and why this “killing” (and I do assume it has happened but there is an outside chance he has been captured) is a messing with the Islamists:
http://www.ukessays.com/essays/religion/predestination.php

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Comment by polly
2011-05-02 08:23:02

I have studied Islam as well. My comment referred primarily to the “All in Islam always believe” portion of your comment. You cannot make that kind of extreme statement about over 1.5 billion people with reference to any belief without a lot more evidnence than one person’s reading of scripture. Scripture is subject to interpretation.

If you want to make some statement about the beliefs of people who follow a particular school of interpretation, go ahead and make your argument and provide links to references. Then go ahead and prove that the school of belief you cite is the one being followed by the people who are planning attacks on the west.

I think you will find, however, that extremists in any religion (or other type of belief for that matter) can interpret almost any series of events as confirming what they want to do. So people who interpreted Bin Laden’s survivial for the last decade as a sign that God was on their side, will see his death as a sign that they have not been agressive enough in their actions to please God, or that Bin Laden was not humbling himself enough or whatever. Seriously, Islam managed to get through a number of defeats during the Crusades, getting kicked out of Spain in 1492, etc. I’m sure they have developed a theology that can survive the assasination of one person without having to accept that God is against them permanently.

 
Comment by Albuquerquedan
2011-05-02 08:54:50

It is a mainstream belief, yes the word “all” should probably never be used about anything but I think that vast majority have that view and only a very tiny minority might dispute that point. Further, the minority would be reluctant to say anything because they would lose their heads. My point is that it is not an “extremist” view. Many would like us to believe that Osama is to Islam like the Branch Davidians were to Christianity but the truth is that the percentage of Muslims that hold his views are much more like Protestants to all Christians. And the people that hold an opposite view of predetermination would be like the number of Mormons among the Christians with many Muslims even questioning whether they are even Muslims.

Finally, I did not say they would believe that God is against them only that they might question whether Osama was doing God’s work. Please don’t put words in my mouth.

 
Comment by mathguy
2011-05-02 09:21:04

Polly,

First, I applaud your reminder that heuristics applied to the behavior groups of people can be considered -”isms” racism, sexism, dhalism, etc.. However, as I’ve seen these isms I have also come to the conclusion that as an argument they can’t be dismissed so easily.

By this I mean that asking for scientific level citation before lending any merit or credence to an argument puts *you* (or whomever is asking for full citation) in a weaker position of authority on the subject. Just as we have a “strawman” logical fallacy, so to I think we have a “mountainclimber” logical fallacy. That is, your argument attempts to invalidate another person’s argument by requiring that they climb a mountain of your choosing, claiming that otherwise their argument is invalid.

If someone were putting forth a research level paper we would expect citation and researched data. However we often need to be more efficient in our daily lives and use our personal experience to discuss and relate to each other, and protect ourselves and our families. Obviously heuristics become a useful tool in these situations. For instance, it’s easier to just avoid all pirates assuming they are bad people and looking to kill you and rape your wife than it is to get to know them on an individual scale to see if they are really bad first. While many pirates may be good people and just be hungry and want some food, the chance that the others will kill you puts a higher burden on the good pirates to show themselves as good people.

Many people who are racist, sexist, dhalist, etc.. implictily know this, but don’t explicitly know it. How many “gay-haters” do you know who actually have a friend who is gay? How many of the “racist” illegal immigrant haters actually have hispanic friends?

The point is, it is individual interactions that our brain tries to classify into heuristics that create grouping perceptions. One or two points of data in our brain won’t create a heuristic unless it is a really important one that might save our life. You can’t require someone to put a scientific reference on a calculation that a computer 1 million times more powerful than our best supercomputer has spit out in their head in order to make it valid. But if they are wrong (and they often are), you can prove to them why they are by citing your own sources. Just don’t throw up the mountainclimber logical fallacy as proof they are wrong.

 
Comment by polly
2011-05-02 10:23:26

Links to statistics from studies done by reliable social scientists, please. Your words are mere noise without them. Quantitative claims require quantitative proof.

 
Comment by drumminj
2011-05-02 11:19:02

Just as we have a “strawman” logical fallacy, so to I think we have a “mountainclimber” logical fallacy. That is, your argument attempts to invalidate another person’s argument by requiring that they climb a mountain of your choosing, claiming that otherwise their argument is invalid.

I like this comment..it’s an interesting thought. Certainly we want people to back up their statements..but we also must be realistic, and be able to do “proof by induction”, so to speak, as it’s not reasonable to expect any one person to go off and do such a study.

Then again, that’s why it’s a good idea to preface one’s comments with “my experience leads me to believe…”, or “I have seen”…

 
Comment by polly
2011-05-02 12:13:49

Mountain climber proof is required when the claims made are mountains. Dan’s original statement said, “…all in Islam always believe that anything that happens is “God’s will.” That is a mountain. Even one contrary example will disprove it. I pointed that out.

If someone wants to start a discussion about various schools of Islamic theology and their difffering reactions to the death of Osama Bin Laden, that would be great. But it can’t start from a declaration that all Muslims (over 1.5 billion of them on the planet) believe much of anything that goes beyond the central tennant of the faith, and even that is probably up for grabs. There are plenty of people who identify culturally as Jews who are atheists. I’m not positive what the Muslim take on this particular issue is, but they certainly have a doctrine of being born a Muslim, so that 1.5 billion may include atheists and agnostics as well as people who doubt that anyone has ever been a prophet.

 
Comment by drumminj
2011-05-02 12:33:39

they certainly have a doctrine of being born a Muslim, so that 1.5 billion may include atheists and agnostics

I think it’s a safe assumption that the comment was in reference to practicing Muslims, not “cultural Muslims”. But it’s worth clarifying.

 
Comment by Big V
2011-05-02 12:39:40

Right. I studied Islam too. What I determined from my studies was that Islam is my least-favorite religion. I am not going to stand up for Islam in general, but we can’t make any statements about “all Muslims”.

 
Comment by Spookwaffe
2011-05-02 12:54:57

Me and my big lips ain’t convertin to Islam anytime soon. Im keeping my slave name. That way when the cops detain me and ask: “who are you and what are you doing here?”

I can tell them the truth.

 
Comment by Albuquerquedan
2011-05-02 13:35:52

I think that a study by the Pew Research Center puts present day Islam in the proper light. It studied the views of Egyptians hardly the most fundamental of Muslims. In it were wonderful insights such as 84% of Egyptians believe that there should be the death penalty for converts from Islam (remember the country is 10% Coptic Christian). Google it. As the comment above stated, I do not have time to do a publishable study on the matter but read the study and decide for yourself.

And Polly why don’t you just show us one major or even minor school of Islam does not teach rigid predetermination?

 
Comment by Albuquerquedan
2011-05-02 14:32:14

BTW, a belief in destiny is one of the six articles of belief in Islam. This link says that “all” Muslims must believe in it. It is not one of the five pillars of the faith but it is not optional for a practicing Muslim. Are there a few people out of the 1.5 billion that don’t believe that everything that happens is willed by God but I think my comment was close enough for government work or this blog.

http://www.spaceandmotion.com/religion-islam-muslim-islamic-quran.htm

 
Comment by Albuquerquedan
2011-05-02 14:57:04

left out sure between “God” and “but”

 
Comment by polly
2011-05-02 15:13:33

I don’t have to provide an example of a whole movement to refute you - you made a blanket statement about every Muslim in the world.

But, I suggest you read Lelia Ahmed’s lovely autobiography “A Border Passage” about her moderate upbringing in Egypt before the rise of Arab Nationalism along with her life after leaving Egypt.

Here is a blurb from the Harvard Divinity School website:

Leila Ahmed came to the Divinity School in 1999 as the first professor of women’s studies in religion and was appointed to the Victor S. Thomas chair in 2003. Prior to her appointment at HDS, she was professor of women’s studies and Near Eastern studies at the University of Massachusetts-Amherst. While at the University of Massachusetts, she was director of the women’s studies program from 1992 to 1995 and director of the Near Eastern studies program from 1991 to 1992. Her latest book, A Border Passage, has been widely acclaimed. Her other publications include the books Women and Gender in Islam: The Historical Roots of a Modern Debate and Edward William Lane: A Study of His Life and Work and of British Ideas of the Middle East in the Nineteenth Century, as well as many articles, among them “Arab Culture and Writing Women’s Bodies” and “Between Two Worlds: The Formation of a Turn of the Century Egyptian Feminist.” Her current research and writing centers on Islam in America and issues of women and gender.

Washington Post had a chat with a spokesperson for a Muslim community today. It is here:

http://live.washingtonpost.com/osama-bin-laden-death-muslim-community-reaction.html

Sufi Muslims are also generally moderate.

And I would also point you also to your neighbors in the US. There are tons of moderate Muslims living right here. A lovely family from Iran used to live next door to my grandparents. They left Iran because of the Islamic revolution. The woman who cuts my hair is another. One of my co-workers at the first law firm I worked at was a Muslim from Pakistan. Not many of us dared to wear pants suits in those days (it was a very conservative firm), but she did. The Islamic Center of New England is located in my home town (which is over 60% Jewish) and they get along just fine in that community. The family I saw at the wildlife sanctuary yesterday, watching a groups of singers and dancers performing in honor of May Day and the coming of summer, were observant Muslims by their clothing. If they were extremists of any kind, they would not have been out there watching a performance that is purely pagan in origin including the crowning of a May Queen and dancing around a May Pole. The little girl in her pink head scarf was having a blast singing along and doing all the hand movements to Rattlin’ Bog.

Do you seriously not know any Muslims at all? Never even seen any participating in events in your community?

 
Comment by Itsabouttime
2011-05-02 16:07:50

Hmm. Every time there’s an earthquake here in California or a hurricane in New Orleans, some Southern politician goes on tv blaming the victims for their misfortune and spouting how this is God’s will, God’s punishment. So, I guess most southerners believe as the Islamicists are said to believe.

‘Course, after the tornadoes killed hundreds in the south . . . Crickets.

What do we make of that?

IAT

 
Comment by Albuquerquedan
2011-05-02 16:12:19

As an undergraduate I was allowed to take masters and PHD level classes in Islam and interacted with many. However, it was an era that was still shaped by the 1905 constitutional movement and the rise of secular Islamic states including in Egypt. What Islam have reverted back to in the last thirty years is a much purer form of Islam. More recently, I also have helped Kurds that escaped from Saddam and they were secular. But Bill Maher’s comments are very true about the present shape of Islam and the Koran. Do not think for a minute once the numbers get much higher that the moderate form of Islam is going to stay the norm. A few examples of secular Muslims does not change that fact. This has not been the experience in Europe and it is very unlikely to stay the norm here. Sufi Muslims are persecuted in true Islamic countries such as Iran. Show me one country where Muslims control that are secular to a point where a Muslim can convert to Christianity and not face a legal sanction and perhaps even death. Even Turkey the most secular state in the Islamic world strictly limits Christians’ practice of their religion and their ability to seek converts.

 
Comment by Albuquerquedan
2011-05-02 16:27:27

Link: http://www.forum18.org/Archive.php?article_id=670

The real story about Turkey despite trying to enter the EU and pretending it respects Christian rights.

 
Comment by RioAmericanInBrasil
2011-05-02 18:53:57

Even Turkey the most secular state in the Islamic world strictly limits Christians’ practice of their religion and their ability to seek converts.

What’s up with that? What are they afraid of?

 
 
 
 
 
Comment by wmbz
2011-05-02 04:39:47

Bast of Boonsboro furniture store closing after 174 years
By Associated Press

BOONSBORO, Md. — Inside the old brick building on Boonsboro’s Main Street where generations of local families have gone for furniture, for friendly conversation, and, in the old days, even for funerals, employees have been quietly informing customers of a difficult decision.

This summer, after celebrating its 174th anniversary, Bast of Boonsboro, believed by the proprietor to be the oldest continually operating furniture store in Maryland, will close.

“Mr. Bast has operated the store for a long period of time, and has been considering retiring, and the economy has just helped to make that decision a little easier,” store manager Kim Teska said.

For owner Douglas G. Bast, 74, who also operates a neighboring history museum, a passion for preserving heritage has made the decision all the more harrowing.

“I just hate to see something like this close, but you have to face up to it: It just doesn’t work out anymore,” Bast said during a recent interview in the store’s showroom.

The store has survived hard times before, but a combination of a poor economy and changing culture have convinced Bast there is no way forward from here.

“The younger set, when they are interested in furniture, they go to the computer and they, you know, find out who has what,” Bast said. “They don’t really look for furniture that’s going to last a long time. They say, ‘Well, gee, if it only lasts three or four years, I’ll be interested in something new by that time, anyway.’”

Comment by combotechie
2011-05-02 04:52:36

“They don’t really look for furniture that’s going to last a long time. They say, ‘Well, gee, if it only lasts three of four years, I’ll be interested in something new by that time, anyway’.”

That’s how we Americans think when we buy cars.

Or get a job. Or get married

Comment by palmetto
2011-05-02 05:21:14

+1.

This is an issue in the antiques & collectibles biz. However, people, as they age, do come to appreciate older, well made and attractive things and develop an interest when they settle into a more permanent living situation.

There is still some decent furniture around from the mid-20th century. Stuff made of decent wood, etc. The particle board stuff doesn’t last. And it gets really moldy.

 
Comment by ecofeco
2011-05-02 14:00:03

We don’t really think that way. We’ve just been given no other choice for so long we think it’s normal.

 
 
Comment by oxide
2011-05-02 05:18:14

It also doesn’t help that young people move every 3-4 years too.

A friend told me that Stickley furniture is now made in China with woods native to Vietnam. Yes, Stickley. When it comes time for me to buy furniture, I’m going to go straight to the Amish, even if I have to rent a truck and haul it home from Pennsylvania or Ohio myself. Assuming the Amish are still in business.

Comment by palmetto
2011-05-02 05:39:20

Wow, I didn’t know Stickley furniture was still being made. Thanks for the tip.

I have seen some furniture made in and shipped directly from Vietnam. (not China). Some of it is not half bad. The woods are exotic to my American eye, lots of color and texture and burl.

Comment by CarrieAnn
2011-05-02 06:05:37

Gheesh. I sure hope so. Or a few guys I know are out of work. I talked to them in 2009 when there was much lay-off fear in the air. Stickley was doing ok. They said none of them had lost hours. Not all of the Stickley line is made in China or Viet Nam.

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Comment by Big V
2011-05-02 06:25:30

Not all of the Stickley line is made in China or Vietnam

Who cares? Why must you always spout some overoptimistic drivel to counter every observation made by people who can see that THERE IS SOMETHING WRONG with the economy? I don’t care if you knew some line workers for Stickley who haven’t had their hours cut, and I also don’t believe you. The fact they are making stuff out of the country, and then selling it to Americans, is a problemo. Big one.

 
Comment by Awaiting
2011-05-02 06:30:03

Stickley isn’t my flavor. I own Century, Bernhardt, Henredon, and some other brands. I bought it before the furniture importing craze. If I had to do it over, I would have bought cheaper stuff. Many of the knock-offs are well done and save you a fortune.

 
Comment by oxide
2011-05-02 06:41:11

Big V, no need for the outburst. However, I do agree that there is something wrong with the economy when time-tested traditions are thrown to the wind for a few quarters’ profit.

The same thing happened to Waterford Crystal. The crystal was made in Ireland for 200 hundred years until some profit-hungry merger with Wedgewood began to phase those jobs to Poland, Czech Rebpulic, Romania. Consumers were not fooled, and both companies suffered. The factory in Waterford, Ireland finally closed entirely down a couple years ago. My friend is buying Irish Waterford on Ebay before it disappears.

I fully believe that Carrie’s friends are still making Stickley in the US; however, I think their days are numbered. Once that death spiral to the bottom starts, it doesn’t stop.

Pretty soon, the only store that sells products made with any love or care will be Craigslist.

 
Comment by oxide
2011-05-02 06:50:34

Just a quick aside. New in the Waterford saga is that they various private equity firms (or whoever owns them now) opened a new “factory and visitors center” in 2010 in order to attract tourism. New jobs: 40 jobs for production of high-end crystal, 11 for polishing and packing, and 30 staff in the gift shop.

http://www.independent.ie/business/irish/waterford-crystal-to-create-80-jobs-at-flagship-factory-in-city-2031365.html

What a crock. There were at least 1500 people making crystal as of 2005. Now they’re down to 40, and probably the rest are still in Poland. Looks to me like they’re throwing the Irish tradition a table scrap.

(the eastern European Waterford may be just as good as Irish, but consumers want that provenance.)

 
Comment by Big V
2011-05-02 06:53:05

I don’t believe anything CarrieAnn says. I think she’s a troll. She keeps insisting that everything in her world is going great. House prices are high and rising, everyone’s fully employed with high pay, raises, and bonuses. The young people all have bright futures, blah blah blah. Has she ever divulged the name of her city? I’d like to know so I can refute her claims with actual stastics.

 
Comment by Realtors Are Liars
2011-05-02 07:10:50

V…

I don’t believe she’s a troll nor is she a realt-Liar. We’ve emailed each other about NY for quite some time. There are isolated areas… islands of complete housing stupidity and fraud and she lives in one of those areas. They’re small, isolated and shrinking. Just a note and I apologize to Carrie in advance for disclosing but she is battling cancer so please think about that.

 
Comment by oxide
2011-05-02 07:35:25

CarrieAnn is in Central New York, Syracuse area, with references to Cazenovia and Skaneatlas, both in the Finger Lakes region. So go look it up. The city area is essentially Midwestern that it lost its industry, but the Finger Lakes are a tourism haven and doing well, apparently. But taxes are high to support New York City.

 
Comment by Awaiting
2011-05-02 08:05:45

“Just a note and I apologize to Carrie in advance for disclosing but she is battling cancer so please think about that.”
RAL
Thank you for your caring heart. I do a lot of stuff for Breast Cancer, so I can appreciate your call for compassion. Carrie, you’re part of our HBB family, and we’re all cheering for your complete remission.

 
Comment by Steve J
2011-05-02 08:37:16

I toured the Waterford factory about 15 years ago. They had some talented people working there.

IIRC, you had to apprentice for several years and prove your skill before being allowed to make a single piece.

 
Comment by scdave
2011-05-02 08:45:38

lot of stuff for Breast Cancer ??

Talking about Breast Cancer I have not seen REhobbyist post in sometime…She should have been finished with her Chemo sometime ago…Maybe Ben can make contact unless someone else has her email address…

 
Comment by evildoc
2011-05-02 08:49:25

—Who cares? Why must you always spout some overoptimistic drivel to counter every observation made by people who can see that THERE IS SOMETHING WRONG with the economy? I don’t care if you knew some line workers for Stickley who haven’t had their hours cut, and I also don’t believe you. The fact they are making stuff out of the country, and then selling it to Americans, is a problemo. Big one.–

You boys do realize that Carrie Ann lives in Syracuse, Stickley’s home turf. Her observations about the company make some sense. Sheeash

 
Comment by Awaiting
2011-05-02 09:01:00

scdave
I am in the “Army of Women” -Dr. Susan Love MD’s mission to cure the epidemic in our lifetime. I also am involved in product policing (getting hormones and stuff out of products) and helping Breast Cancer patients. Love is a former BC Surgeon and Professor of Surgery at UCLA.

I was just thinking of REHobbyist the other day, myself. Thank you for bringing her up, scdave. I hope she is doing well, but just too busy to drop by.

All you HBB ladies, please check out and join “The Army Of Women”. If nothing else, get in the database.

 
Comment by CarrieAnn
2011-05-02 09:24:09

Ha. These Stickley guys are a hoot which is why I jumped in with so much gusto. So yeah I’m pretty happy friends of mine are employed.

I would NOT say the lakes region is strong because of tourism. I don’t think that industry is that strong. I’ve reported on 2 lake communities in the area where a larger proportion of the residents than is the norm have really deep pockets. And I’m not talking about people w/a 1 or 2 mill in their 401k’s. Do you really think all the wealthy live in NYC and LA? The people who made money from the bubbles existence? Where do you think they live?

Why is it Big V you want to reject the reality of bifurcation? Sorry you’re on the wrong side but if it makes you feel any better so am I and my family.

I’ve presented gov links here myself to the low amount of foreclosures in the area. Our housing is not the same multiple of median income that it was in the really bad areas. Many families have two incomes. Two families of lawyers. Surgeons and their nurse wives. A guy writing code for our defense companies while his wife has her own small business. A guy working for a major energy company.

These people bought 10-15 years ago, before the blip of small bubble we had here. They’re fine financially. One local community recently raised over a mil to build a sports facility because the community kept voting it down. It took a matter of months. On marketdatadotcom I found one community has a very high percentage of no mortgage households.

So call me a troll if you want. I’m still a renter. I’m still holding pat and I will continue to report what I see (and not sugarcoat it for your needs) as there has got to be someone in the area that finds it useful to know they should still hold out. The spiral hasn’t even begun.

RAL, you’re in big trouble. I really didn’t feel like sharing that but I’ll probably forgive you as you’re my only outlet for a good online NY rant. ; )

 
Comment by sfrenter
2011-05-02 09:26:21

San Francisco is one of those isolated areas. Does not feel like there is a recession here. Everyone I know who lost their job has found a new one. Rents and home prices are still high. Restaurants are packed.

There are isolated areas… islands of complete housing stupidity and fraud and she lives in one of those areas. They’re small, isolated and shrinking.

 
Comment by Realtors Are Liars
2011-05-02 09:43:57

Yeah I don’t like it either but I view them in terms of a small stock….. no matter what, the small stock gets crushed by the index….. sooner or later.

 
Comment by Big V
2011-05-02 12:47:14

CarrieAnn:
Tell me what city you live in. “Bifurcation” - stuff a sock in it. I don’t see it, and rich people are not eager to lose money.

sfrenter:
Prices are still falling in SF.

 
Comment by CarrieAnn
2011-05-02 13:50:33

Anonymity hon. Anonymity. Too much has already been said and the problem was I reported about people I knew intimately. People that might not be too happy to know was doing so. Although there’s a small part of me that would enjoy spelling it all out, making you happy is way down my list in comparison to keeping people in my life happy.

There are other hbb posters who say similar things about their areas. There has got to be something else I’ve said that has you so out for bear.

Really V, did you get the part that I am not one of them? Do you understand how difficult it is to watch this all go on around me when what I believe is more aligned to you?

Bifurcation. You don’t see it so it doesn’t exist huh? Talk about closed minded. No I’ll stuff a sock in it when Ben Jones suggests it. Otherwise that’s really just not my style and you are very welcome to add me to your Joshua Tree extension as a block.

 
Comment by CarrieAnn
2011-05-02 13:54:23

Why do you never acknowledge when I say the whole $300k and up is frozen and that my friend w/the high niche home isn’t even getting lookie loo traffic?

Doesn’t support your bitch session? I’ve been repeating that for at least a year. Maybe it’s time you stuff a sock in it.

 
Comment by CarrieAnn
2011-05-02 14:14:57

Last week I went to Walmart on a Saturday which should have been grand central station crazy but instead it was like crickets empty. Felt waves of visceral fear about it.

I went to the sports equipment store next, the one I always tell my kids is a rip off but I needed good inventory to chose from. Employee told me the high end cleats are gone the first two weeks. Ya know $100 -$145. Luckily we were shopping for lowest price option. There were people in the aisle and waits at the register.

 
Comment by Big V
2011-05-02 15:11:20

CarrieAnn:

What part of “I am middle class” do you not understand? I am not on the wrong side of the bifurcation. That’s because there is still a BIG OLE middle class in the United States.

Anonimity my foot. You are totally making this stuff up. See, so many other commentators on this blog thought they knew where you live, but they don’t.

You are just a troll, plain and simple.

You don’t talk about how the high end is frozen, and then in the next sentence tell us that we’re just on the wrong side of the bifurcation and the people with deep pockets are still doing just fine.

 
Comment by Itsabouttime
2011-05-02 16:29:40

No, there isn’t a big OLE middle class in the US. There’s a big OLE live like middle class but God help them if something goes wrong. You, V, may be in the small, leftover, better hope *two* things don’t go wrong middle class, but that is small and shrinking daily.

Way back in 2006 the Washington Post reported:

“Meet the typical American family.

It has about $3,800 in the bank. No one has a retirement account, and the neighbors who do only have about $35,000 in theirs. Mutual funds? Stocks? Bonds? Nope. The house is worth $160,000, but the family owes $95,000 on it to the bank. The breadwinners make more than $43,000 a year but can’t manage to pay off a $2,200 credit card balance.”

http://www.washingtonpost.com/wp-dyn/content/article/2006/03/04/AR2006030400238.html

It is likely MUCH worse now than then.

On Czech Republic crystal, they have their own crystal industry and sell some high quality stuff. If some are unable to see that, who cares? I can’t vouch for the quality of Waterford made in Prague, but the traditional Czech crystal makers make fine crystal.

IAT

 
Comment by Big V
2011-05-02 17:41:14

IAT:

You are correct that the middle class is shrinking (thanks to offshoring), but I get mad at CarrieAnn because she wants us all to believe that the rich are all-powerful and special, and that their house prices are not going down.

 
Comment by CarrieAnn
2011-05-02 20:19:48

How did you ever get that out of what I’ve posted here?

First I started to talk about Stickly guys. They’re not rich. I was happy they’re still employed. After you attacked my post, someone brought up the lake communities so I mentioned the wealthy people who by the way have been here for generations and guess what their houses aren’t the ones on the market. At least the ones I know have been here for generations and aren’t going anywhere. Until death anyway. Now the ones faking it and I can’t always know who that is, they’re still faking it. I’m telling you spending is still going on. Someone asks me why. I guess, (you didnt think I took a poll did ya?) and you’re gonna rake me over the coals because you don’t like my answer. That’s your probemo. Not mine.

I’ve written above I agreed w/you regarding the economy in general several different ways but you refuse to acknowledge it because you’re in attack mode again which means you’re going to hang on like a guard dog .

I really don’t feel I have to untangle the attack dog knots you’ve made of my comments. And this will be the last time I do. Never thought I’d need the Joshua Tree extension but it’s going in. I don’t do politics (mostly) I stopped w/the “we’ve gotta march” that Ben asked me not to do 3 years back. I mostly just roll my eyes and don’t even comment to people I totally disagree with and hope most I do comment to know it’s cuz I respect them and feel they’ll treat me well. I’m not here to play roller derby in the mud.

Oh well. As RAL referred to earlier, it’s a time in my life I am facing some battles and so I need to stay positive. Thanks RAL for your protective instincts. Don’t worry she never rocked me once. Hubby and I even got laughing about it.

 
Comment by drumminj
2011-05-02 23:25:31

Never thought I’d need the Joshua Tree extension but it’s going in

I love how you phrased that :)

 
Comment by Big V
2011-05-03 04:12:12

CarrieAnn:

I don’t have time to read your entire diatribe, but you already said something trollish. The number of generations that a person’s family has lived “here” has nothing to do with whether or not their house is on the market.

PS
In the past, the trolls who have attempted to use the Joshua Tree extension have died.

 
 
Comment by AV0CAD0
2011-05-02 11:09:35

I buy what ever some sucker pd $4000 for on CL for $800. Wood is wood, who cares if it was in someone else house first. Lots of deal out there on boats and RV’s. With gas going to $5, the fun is over.

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Comment by ecofeco
2011-05-02 14:02:25

Oxide, there are still a lot of American furniture makers in this country who have products at or below the same prices you get from made in China and are better made.

Do your research!

http://abcnews.go.com/WN/MadeInAmerica/

 
 
 
Comment by Realtors Are Liars
2011-05-02 05:02:19

Realtors Are Liars.

Comment by palmetto
2011-05-02 05:08:57

Lovebugs are squishy.

 
Comment by Former Reader From Way Back
2011-05-02 05:09:50

Shoes smell.

Comment by jeff saturday
2011-05-02 06:08:03

Well, some Realtors are squishy and smell also.

But they all lie.

 
 
Comment by CarrieAnn
2011-05-02 06:16:37

The Sky is Blue

Comment by palmetto
2011-05-02 06:26:31

Roses are red.

Silence is golden.

People are smart!

Comment by jeff saturday
2011-05-02 07:07:29

Mary sold another House.
She had to lie to do it.
She knew the buyer would default.
But Mary just said screw it.

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Comment by Awaiting
2011-05-02 09:06:18

Jeff
Now I’ll have “Mary Had A Little Lamb” in my head this morning. It was cemented in my brain from my 2nd piano lesson. LOL

 
Comment by sleepless_near_seattle
2011-05-02 14:26:37

That’s funny, Awaiting. No matter what instrument I pick up, I can be playing MHALL within seconds, perfected within minutes.

 
 
 
 
Comment by Big V
2011-05-02 06:26:44

huh?

Comment by lucy
2011-05-02 09:15:38

Which part are you having trouble understanding?

 
 
Comment by liz pendens
2011-05-02 09:17:01

Bozos are arrogant.

Comment by jeff saturday
2011-05-02 09:47:40

“Bozos are arrogant.”

Was Bozo a victim? Or was Bozo a Realtor?

You decide.

Was it an urban legend or is it true as TV Guide’s TV Confidential asserts that, “During a Bozo the Clown show, a disappointed kid told Bozo, ‘Cram it, clown!’” But most UL we sites say it’s an urban legend: “Larry Harmon has some credibility issues, however. First of all, although Harmon stated that he’s been ‘asked about the story for years’” he apparently didn’t start claiming it was true until it had been circulating for nearly three decades. Most importantly, the details of this incident as recalled by Harmon don’t check out: the Boston Bozo show had no “ringmaster,” and no one else connected with the show (including the man who portrayed the Boston Bozo from 1958 to 1970, Frank Avruch) remembers anything about it.”

I would say the evidence points toward Bozo being a Realtor.

Comment by Realtors Are Liars
2011-05-02 13:26:05

Jethro,

May I suggest a title for what will be your NYT chart topping book………..

“Confessions of Bozo the Arrogant Lying Realtor” by Connecticut Jethro, forward by Realtors Are Liars

~Realtors Are Liars

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Comment by Jen
 
Comment by palmetto
2011-05-02 05:59:14

I’ll just wait for the Wikileaks report.

Comment by alpha-sloth
2011-05-02 06:10:53

How can you trust that it’s authentic?

Comment by Hwy50ina49Dodge
2011-05-02 06:33:22

Depend$ on what the “a$king-to-keep-it-$ecret” Julianleaks opening bid i$.

 
Comment by Itsabouttime
2011-05-02 16:41:11

Trust. But verify.

IAT

 
 
 
Comment by Realtors Are Liars
2011-05-02 06:06:59

About a month ago, the Lying Realtor I’m “working” with on the two shanties that are in default limbo sent me a cut sheet for a third dump that is a short sale. I called him and asked what it was about. He says, “RAL, this one is hot! It’s an easy flip! you’ll make money! I’m surprised I don’t have an offer on it! It’s a ‘huge bargain!”

It’s still listed for sale on RealtLiar.com

Comment by Awaiting
2011-05-02 10:08:15

RAL
I’m following your saga. Yeah, we were told a house that was freeway close (as in you need to be deaf to buy it) was in demand, 5 offers. 60 days later, the fwy house hasn’t closed escrow. Short Sale Hell. Run, don’t walk. The last SS attempt didn’t make it.

Comment by Realtors Are Liars
2011-05-02 10:51:46

What disturbed me the most about the RealtLiars response was the flipping and make money comments. He knows I’m looking for a place to live and my simple criteria is, *I must be able to sell it for what I paid for it, the day after I buy it*.

Comment by Awaiting
2011-05-02 17:05:48

RAL
Apparently this realturd is more than transparent, as to his loyalty. His wallet.
How did you connect?
Where are you?

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Comment by Realtors Are Liars
2011-05-02 19:09:40

NY at the moment. The Lying Realtor sells in NY and VT.

 
 
 
 
 
Comment by Realtors Are Liars
2011-05-02 06:08:13

Relax Palmy….. you’re not the new eddietard. lmao

Comment by Big V
2011-05-02 06:27:46

Is it Dan?

 
Comment by Awaiting
2011-05-02 10:14:34

Palmy is a gem. He’s a great contributor to the HBB.

Comment by palmetto
2011-05-02 12:44:34

Thank ya, Awaiting. Palmy luvs ya back!

 
Comment by liz pendens
2011-05-02 16:56:35

I’ve also got Palmy’s back. Exeter has always been a little uptight and looking to start $hit.

Comment by Realtors Are Liars
2011-05-02 19:04:22

Realtors Are Liars

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Comment by liz pendens
2011-05-02 19:26:47

Yeah, real thought provoking stuff.

 
Comment by Realtors Are Liars
2011-05-02 19:35:10

Don’t get uptight and uppity with me. Always looking to start $hit aren’t you.

 
 
 
 
 
Comment by skroodle
2011-05-02 06:22:41

Law schools spend $500 million per year on “merit” scholarships to recruit students, and then use rigid grading curves to yank the scholarships after their first year:

http://www.nytimes.com/2011/05/01/business/law-school-grants.html?src=me&ref=business

Comment by Big V
2011-05-02 06:33:42

I think the price of law school is a conspiracy to keep legal fees high.

 
Comment by 2banana
2011-05-02 07:20:44

“I had a friend once who told me that hunting is a sport,” said one Golden Gate merit grant winner who anticipated coming up shy of a 3.0 average. “I said, ‘Hunting is not a sport.’ He said: ‘Sure it’s a sport. It’s just that the animals don’t know they’re in a game.’ That’s what it feels like to be a law student these days. You have no idea you’re in a game.”

This should be a RICO case. And fraud.

It would be ironic if the lawyers they are teaching turn around and sue them…

 
Comment by Captain Credit Crunch
2011-05-02 07:42:03

Our law school does the opposite, pays for performance after the first year to retain the best.

 
Comment by Steve J
2011-05-02 08:41:24

Math does not seem to be a strong point with lawyers.

I bet these same graduates buy a big house with no money down after graduating.

Comment by Rental Watch
2011-05-02 17:12:07

Car first. Then house.

My wife is an attorney and was surprised at the number of attorneys who, shortly after graduating law school, were driving around in BMWs. My wife on the other hand, continued to drive her 1993 clunker (with no power steering, no power windows, manual transmission, no car stereo, trunk that wouldn’t open, etc.) for 4-5 more years, until an upcoming repair bill for the car was more than the value of the car as scrap. So then she got a new car, which she will also drive into the ground…still no BMW.

Instead, her money went to pay off student loans…at a rapid pace.

10 years after graduating law school, we are now buying a house. Not all attorneys are bad with math and money, just a lot of them…

 
 
Comment by Muggy
2011-05-02 09:20:04

I considered law school back in ‘04 and I was aware of this back then. All you have to do is click around a little. I think someone back then told Widener bounced 1/3 of it’s 1L class.

 
 
Comment by Real Estate Refugee
2011-05-02 09:22:48

In 2001 I worked on a lawsuit against a law school. The jury found for the plaintiffs (the law school students) but didn’t award any damages.

The case was handed to the jury on 9/10/01.

 
Comment by wmbz
2011-05-02 12:30:10

Realty Executives Phoenix files for bankruptcy reorganization
Franchisor Realty Executives International not included in filing
May 2, 2011. Inman News™

Phoenix-based brokerage Realty Executives Inc. filed for Chapter 11 bankruptcy reorganization on Saturday, with owner Richard Rector saying the move will give the company breathing room from creditors as it cuts overhead expenses and rolls out new pricing plans for agents.

Rector said Friday the 1,100-agent brokerage has been renegotiating leases on 14 offices Phoenix and Tucson with an equal number of landlords. Difficulties with two landlords that resulted in Realty Executive agents being temporarily locked out of three offices led Rector to conclude that seeking protection from creditors in bankruptcy court was his best option.

“It’s impossible for agents and brokers to do their business with those kinds of interruptions,” Rector said. “Unfortunately, a couple of landlords have been uncooperative, forcing our hand and putting other landlords who we’d worked things out with at a disadvantage, too.”

Realty Executives was sued by one of its landlords last month, Saypo Cattle Co. Inc. The lawsuit alleges that after obtaining a rent deferment and lease amendment, Realty Executives moved its Pinnacle Peak office in Scottsdale to another building, leaving $142,964 in rent and other sums due under its lease unpaid.

Rector said the company revealed its plans to file for Chapter 11 bankruptcy reorganization at a Thursday meeting that was attended by about half the company’s agents.

“The amount of support expressed there was pretty gratifying,” Rector said. “There will probably be a few people who will not stay with the company, but many were understanding, and some wondered why we didn’t do it sooner. They are sophisticated, and understand what this tool allows us to do.”

 
Comment by wmbz
2011-05-02 12:42:33

“If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner.”

~ H. L. Mencken

 
Comment by wmbz
2011-05-02 13:09:41

Our mail box has been getting flooded lately with 0% balance transfers on credit cards. People get them all the time, I know, but we’ve had at least a dozen of them in the last two weeks. One from discover card today states that they miss us and want us back, so they will give us 0% on balance transfers for 18 months. Usually it’s for 12 months. Tons of wasted paper, this junk mail is.

 
Comment by wmbz
2011-05-02 13:16:08

Dollar,oil,gold,silver,Dow all down today.Looks like whacking Osama can’t even get a 24 hour bounce.

 
Comment by wmbz
2011-05-02 13:19:30

Fed Says Banks Eased Terms as Loan Demand Rose
Bloomberg - May 2, 2011

A survey by the Federal Reserve found that banks relaxed their lending terms in the first quarter as they forecast improvements in the

Banks eased lending terms in the first quarter as they forecast improvement in the U.S. economy and companies sought more loans, according to a Federal Reserve survey.

“The April survey indicated that, on net, bank lending standards and terms generally had eased somewhat further during the first quarter of this year,” the central bank said today in its quarterly survey of senior loan officers. The looser standards for business loans reflected more competition among banks and some banks “also pointed to a more favorable or less uncertain economic outlook,” the Fed said.

Chairman Ben S. Bernanke, speaking last week in his first press conference after a Fed policy statement, said tight credit following a financial crisis is one factor behind the “relatively slow recovery.” The Federal Open Market Committee renewed their pledge to hold interest rates low for an “extended period” and complete a $600 billion bond purchase program by the end of June.

“Clearly, we are seeing a turn in the cycle,” said Mark Vitner, senior economist for Wells Fargo Securities LLC in Charlotte, North Carolina. “Commercial lending has picked up as businesses have repaired their balance sheets ahead of households and the public sector. We are seeing some improvement in the household sector as well.”

Comment by liz pendens
2011-05-02 19:30:36

Lets see… Loosening lending atandards as loan demand increases…Where did I hear something about this before?…

I can’t remember what happened next. Anybody recall?

 
 
Comment by ecofeco
2011-05-02 14:52:34

Another one bites the dust.

http://www.forbes.com/feeds/ap/2011/05/02/entertainment-us-celebrity-adviser-charged_8445807.html

Associated Press
Celeb adviser’s attorney pleads guilty in NYC
Associated Press, 05.02.11, 04:34 PM EDT

NEW YORK — An attorney has admitted in New York City he conspired to launder nearly $19 million to aid celebrity financial adviser Kenneth Starr’s fraud.

Jonathan Bristol pleaded guilty Monday in Manhattan federal court.

 
Comment by Realtors Are Liars
2011-05-02 14:54:19

Lereah Al-Zawahiri and Larry Yun-bin Laden declared a fatwah on the housing buyer 15 years ago. Their organization NAR-Queda and their braindead adherents are an economic terror group that will be taken down.

The War on Lying Realtors rages on.

Comment by ecofeco
2011-05-02 17:24:15

:lol: Genius!

Comment by Realtors Are Liars
2011-05-02 19:02:23

…… meanwhile Major General B. Jones, one of the most sophisticated senior field commanders is engaged in a fierce psy-ops offensives on multiple fronts. Fearlessly leading his junior officers and NCO’s, they shred and eviscerated round the clock NAR-Queda propaganda.

NAR-Queda will be crushed.

 
 
 
Comment by GH
2011-05-02 16:43:29

We may not ever know the full truth, but IMO Osama has been dead since Tora Bora… I am interested in the timing of this though. Between that and the rather dramatic runup of Silver and subsequent $5 one day drop over the weekend something has to be afoot?

Comment by albuquerquedan
2011-05-02 18:04:33

Osama captured and stock market falls. If this was an ordinary event like a stock takeover and stock to be acquired failed to go up everyone would be saying that the word had gotten out prior to the announcement. If this was the release of say unemployment data and the numbers were very good and the market sold off after rising several days before the release, people would be saying they bought on the rumor and sold on the fact. Who would have guessed that the killing of Obama would lead to a down day, albeit a minor one? It truly does not pass the smell test.

 
 
Comment by fisher
2011-05-03 18:42:08

United States net EXPORTER of fuel, first time in 20 yrs:

http://www.ft.com/cms/s/0/3c2c1b9c-74de-11e0-a4b7-00144feabdc0.html?ftcamp=rss#axzz1LIqKbRva

“The US has become a net exporter of fuel for the first time for nearly 20 years as drivers struggle with high petrol prices.

Energy department data show the world’s largest oil consumer in February shipped out 54,000 barrels more petroleum products each day than it purchased on the global market.”

http://www.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTPNTUS2&f=M

Enjoy your next fill up, ya’ll…

 
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