Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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Posted By: Ben Jones @ 1:13 am
Homebuilding Doubles in Bakersfield, Quadruples in County
“As the year winds down, building permits pulled for single-family homes in the city of Bakersfield are on track to top 1,000 for the first time since 2009 And countywide, the number of permits pulled has ballooned more than 400 percent compared to last year, although actual numbers are still low.”
“We came from absolutely nowhere to still nowhere,” said Robert Sawyer, principal building inspector for Kern County. “Any increase would have been 400 percent.” … “They needed to monetize their dirt,” he explained.
heh…. more inventory!
“They needed to monetize their dirt,”
Isn’t monetizing dirt among the Fed’s many new assumed duties?
Just don’t understand how a couple of guys with a printing press can buy and own everything in the world and that fixes everything. They don’t even have any money or real jobs.
‘Just don’t understand how a couple of guys with a printing press can buy and own everything in the world and that fixes everything. They don’t even have any money or real jobs.’
I wish everyone would ask questions like that. We can not get real. The Mayans asked too many questions.
“Isn’t monetizing dirt among the Fed’s many new assumed duties?”
Some of these Goldman-Sachs commercials are pretty spiffy; one might believe that sunlight and fresh air wouldn’t happen without them.
If the FED is buying all MBS and there is a high percentage of defaults (which there already is), does that mean that the FED owns all the houses that have entered the foreclosure process including the shadow inventory? Will the FED be the largest landowner in the history of mankind? A printing press can own a country? Really?
“If the FED is buying all MBS and there is a high percentage of defaults (which there already is), does that mean that the FED owns all the houses that have entered the foreclosure process including the shadow inventory?”
I just kind of assumed that. I figured the banks or pension funds or whoever keeps the performing stuff and let the Fed have all the VBS (victim backed securities).
Fed = toxic Superfund SIV for shitty MBS? (Something Henry Paulson proposed but never established before leaving office…)
Clarification: Henry Paulson proposed the toxic Superfund SIV, but had in mind creating a new bad bank.
But apparently it was unnecessary, as the Fed has stepped up as MBS purchaser of last resort.
The Government goes shopping.
What can I get for you today?
Let`s see, I`ll take $700 billion worth of those failed banks and um, give me $80 billion worth of those bankrupt car companies and oh that`s right, I`ll take those 20 million upside down houses.
Will that do it?
For today yes, thank you.
Jethro For President, 2016
A printing press can own a country? Really?
Funny how that works, isn’t it?
It’s like buying a house with zero down and 3% interest.
Just think how much profit the Fed will see once all those houses return to their proper price. And don’t forget all the private money investing in foreclosures - hedge funds and REICs and church groups and, and…
“Just think how much profit the Fed will see once all those houses return to their proper price.”
Will the FED be the largest landowner in the history of mankind?
I would think the US government still owns a lot more land than the Fed will get through foreclosures.
And I bet the Chinese and Russian govs have even more land. And the Canadian gov, too.
But they will own a lot of houses.
“the chance of it ending well are next to zero.”
Let’s see, who’s got some suitcase nukes lying around?
“So here’s the problem; we have a govt/central bank operating on the old theory, that doesn’t work.”
Advice to central banksters from the Great Beyond:
When the facts change, I change my mind.
– John Maynard Keynes
When the facts change, I change my mind.
– John Maynard Keynes
‘CHAIRMAN BERNANKE. Well, what happens is going to depend on where the economy goes—how much ultimate accommodation we give the economy…But in any case, again, I want to be clear that while I think we can make a meaningful and significant contribution to this problem—to reducing this problem, we can’t solve it. We don’t have tools that are strong enough to solve the unemployment problem.’
‘GREG ROBB. Does the negative commentary hurt QE? Could it, if people in the market don’t think it will work? CHAIRMAN BERNANKE. There’s going to be negative commentary whether it comes from Fed officials or not. Again, because there’s a range of views—some people think it’s more effective than others…So, there’s going to be disagreement. And again, I personally don’t think that it’s a panacea, I personally don’t think it’s going to solve the problem.’
We are numbed by the big numbers.
Enough to pay every one on the unemployment rolls a couple grand a week.
Obviously this money is not even roughly aimed at solving the unemployment “problem”. Unemployment is not a problem for Bernanke. He is a liar.
“We don’t have tools that are strong enough to solve the unemployment problem.”
Peter Pan being told not to belive in Tinkerbelle? …by the Fairy Godmother herself? Blasphemy!
So long as the stock market hangs in there, who cares about gloomy news like this, or ‘fiscal cliffs’ for that matter?
Denial ain’t a river in Egypt…
Manufacturing in New York Area Shrinks More Than Forecast
By Michelle Jamrisko & Lorraine Woellert - Dec 17, 2012 5:37 AM PT
Manufacturing in the New York region shrank more than forecast in December, showing weakness in the industry is persisting as the year draws to a close.
The Federal Reserve Bank of New York’s general economic index dropped to minus 8.1, the fifth month of contraction, from minus 5.2 in November. The median forecast of 55 economists in a Bloomberg survey called for minus 1. Readings of less than zero signal contraction in New York, northern New Jersey and southern Connecticut.
A slowdown in manufacturing is holding back the three-year- old expansion even as recent advances in housing and sustained household purchases contribute to growth. Companies such as Lakewood Industries Inc. are seeing less corporate spending as lawmakers struggle to find enough common ground to avert about $600 billion in tax increases and budget cuts in 2013.
“The manufacturing sector is just lackluster now,” Terry Sheehan, an economic analyst for Stone & McCarthy Research Associates in Princeton, New Jersey, said before the report. “We’re seeing slowing exports, there’s a lot of uncertainty at home with the fiscal cliff and the general slowing of the economy.”
Bloomberg survey estimates for the December figure ranged from minus 10 to 8.5. In a supplemental question from the Fed, area factory managers were asked about superstorm Sandy’s effect on revenue. Respondents in New York said they anticipated no effect on this month’s sales from the storm.
Stocks held gains after the figures, with the contract on the Standard & Poor’s 500 Index expiring in March climbing 0.4 percent to 1,415.4 at 8:35 a.m. in New York.
7 Ways Taxpayers are Readying for Fiscal Cliff
By Dan Kadlec
Dec. 17, 2012
Time is running short for year-end tax moves, and it now seems clear that any money-saving maneuvers must be based on what’s likely—not what’s certain. That’s the ridiculous position taxpayers confront, thanks to the ongoing stalemate in Congress over how to resolve the fiscal cliff.
Some strategies could ultimately backfire depending on the outcome of negotiations. So consider planning only around changes that seem most certain, like higher payroll taxes for everyone, higher capital gains taxes for everyone, and higher income taxes for the wealthy.
Higher income taxes for everybody is what I think is most likely.
Dec. 17, 2012, 8:54 a.m. EST
U.S. stock futures edge up on budget optimism
Apple says it sold over 2 million iPhone 5s in China
By Polya Lesova and Barbara Kollmeyer, MarketWatch
NEW YORK (MarketWatch) — U.S. stock futures edged higher on Monday, buoyed by optimism that budget negotiations in Washington were making progress and would result in a deal to avoid the fiscal cliff.
Futures held gains even after data showed that the Empire State manufacturing index remained in negative territory for the fifth month in a row. Investors have recently shrugged off economic data to focus instead on the budget talks.
Futures for the Dow Jones Industrial Average DJZ2 +0.08% rose 32 points to 13,182, while those for the Standard & Poor’s 500 index SPH3 +0.29% rose 6.10 points to 1,415.30. Futures for the Nasdaq-100 index NDH3 +0.03% gained 9.50 points to 2,632.7.
Investors prepared for the last full week of trading ahead of the Christmas holidays and kept a close watch on fiscal-cliff negotiations.
Budget talks appeared to progress over the weekend.
Speaker John Boehner, leader of the House Republicans, reportedly told President Barack Obama that he may accept higher taxes on millionaires in exchange for reduced spending on Medicare and Social Security.
When is that P/E ratio ever gonna get below 7? Or is it 8?
Then we can drop all that BS about ‘takers’ and ‘deadbeats’?
After the Producers™ and (God-like) Job Creators© get hit with higher taxes and respond by cutting wages or laying off Lucky Duckies, the taxpayer will make up the difference via food stamps, Earned Income Tax Credits, and SSI disability
After the Producers™ and (God-like) Job Creators© get hit with higher taxes and respond by cutting wages or laying off Lucky Duckies, the taxpayer will make up the difference via food stamps, Earned Income Tax Credits, and SSI disability
Here’s a dose of reality: In putting together our pitch deck and financial plan, I had to come up with our hiring plan and burn rate. After I came up with the hiring plan and the approximate top-line salaries for employees, I had to add 40% to the employee cost to account for taxes paid by the employer, benefits, PTO, etc. 40%… so that $50k accountant line item actually costs my business $70k.
But hey, let’s increase taxes some more, because the government and the lucky duckies deserve it… not so much the employee or the business.
“You didn’t build that.”
had to add 40% to the employee cost to account for taxes paid by the employer, benefits, PTO, etc
Maybe people will take those benefits and buy your product with them.
and buy your product with them
Henry Ford’s decision to pay his workers $5/day (enough to buy a Ford) was the slippery slope to communism. Stoopid capitalists turning their workers into commies!
Only to a liberal…
A PRIVATE company paying their OWN workers the wages they determine by selling their own product for PROFIT in the free market.
And obama taking over 7% if the US economy is…
Hope and change.
I think you guys missed the point here. I would pay my employees more, but 40% of their real comp goes to the government and ancillary benefits.
I would gladly pay the accountant $70k for his services, but I’m already paying that, so his share is actually $50k. As it stands today, If I pay the accountant $70k, my real hit is $98k. My budget can’t afford that…
Reduce the government’s take and the employee’s share can go up. Yes, I know many businesses will just use that to pad their bottom line and pay their executives more. As I’ve said previously, you can’t legislate ethics…
real comp goes to the government and ancillary benefits.
And the people who receive those may buy your product, too.
Paying higher wages to workers like Ford did makes sense if it allows you to attract better workers. Smart and hard working people are worth more.
Paying existing workers higher wages does not have the same impact. TSA is an example of that. They all received higher pay but you cannot fix stupid with a pay raise. Now, over the time, TSA will replace many of those workers and the higher pay will help but that is a long process particularly in an organization where it is difficult to fire people
You didn’t build that
Hope and change
You’re all just a bunch of Racists® anyway, keep talking, nobody’s listening!
Do you really think Ford’s workers were extra smart?
Because you would be very, very wrong.
I don’t get it, noreaster. The salary and all the benefits you pay your accountant are all deductable. You’ll be lucky if you net anything close to $250K in the early years.
Once you get sucessful and your product proves to be profitable you can probably structure a sale so your profit is taxed at the capital gains rate.
It makes no sense for business owners to whine that higher taxes mean they will lay off deductable employees.
By your logic, NE should hire all sorts of people because the costs are all deductible.
To get to a point where you can sell your business (if that’s what you want to do), you need to show a profit. To show a profit, your revenues need to exceed your expenses. As a friend who formerly worked for Solyndra, if the cost of your product exceeds it’s market price, you have a hobby, not a business.
What NE is saying is that when he looked at his cost structure, his employee cost line item included benefits, taxes, and salaries, and the non-salary portion was 20% of the total.
So, if he can afford $100k for wages, then he can afford to pay total salary of about $83,333. The reason it’s not more, is that he needs to add 20% to that number for other costs (taxes, benefits, etc.).
If the 20% was a lower number (say 10%), his $100k would still be the same, but more of that $100k could go to his employees, and less to benefits/taxes, etc..
Higher income taxes for everybody is what I think is most likely ??
I agree…IMO, It will come through major tax reform…You will get a lower rate but pay more…
Since I have no deductions (outside my spouse and standard deduction), lower rates with major tax reform would probably reduce my taxes.
There are three kinds of lies: Lies, damned lies, and real estate statistics.
How often has this NAR-sponsored lie appeared in print?
The amount (the mortgage interest deduction) saves homeowners every year is massive, and if that were to go away, it means thousands of dollars per family in additional costs every year.
I’ve long ago lost count.
The reality is that the mortgage interest deduction is a tax giveaway to the wealthy, which generates a massive subsidy flow from red states in Flyover Country to wealthy blue enclaves on the coasts.
Mortgage Interest Deduction Teetering on the ‘Fiscal Cliff’
By Credit.com | Posted Dec 14th 2012 2:12PM
The impending fiscal cliff is causing lawmakers to consider many tough decisions and make every kind of consideration for getting the government back on budget. That has led to the proposed slashing of a popular tax break that helps homeowners save thousands every year.
The tax deduction that allows homeowners to write off the cost of their interest payments into their mortgages is now officially facing the chopping block as Democrats and Republicans work to sort out the nation’s finances ahead of the “fiscal cliff” on Dec. 31, according to a report from Reuters. The tax cut costs the federal government about $100 billion a year, and is one of the largest being considered for elimination. Getting rid of it would reduce the nation’s $1 trillion deficit by 10 percent, by itself.
“The mortgage interest deduction used to be a sacred cow that you couldn’t touch; that’s just not the case anymore,” said Jaret Seiberg, senior policy analyst at Guggenheim Securities. “For the first time it’s truly vulnerable. The difference now is that it is on the list of options that both liberals and conservatives are willing to consider.”
Its size is the reason that it was once considered an untouchable tax break, the report said. The amount it saves homeowners every year is massive, and if that were to go away, it means thousands of dollars per family in additional costs every year. In all, about 35 million people are eligible for the deduction, which has been in the tax code, intact, for 26 years. Experts also say there are numerous loopholes in the deduction that allow it to be exploited.
‘The tax deduction that allows homeowners to write off the cost of their interest payments into their mortgages is now officially facing the chopping block as Democrats and Republicans work to sort out the nation’s finances ahead of the “fiscal cliff” on Dec. 31, according to a report from Reuters.’
I remember a co-worker, who was a UHS on the side, remarking with a slightly worried tone, back in 2005 about the MID getting eliminated. So, the talk is getting more worrisome 7 years later. Maybe the MID will be phased out by 2020?
And NAR-scum lies are incredibly harmful to the public. It’s stunning they get away with it.
They benefit from a prevalence of STOOPID people who eat up their propaganda lies like candy.
It’s good to see so many here and elsewhere have come to see the light and characterize them as liars.
Wouldn’t fraudsters be a more apt description than liars?
So far as I am aware, lying is not a crime, but fraud* is.
Definition of FRAUD
1a : deceit, trickery; specifically : intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right
Who lied first: The realtor or the politician?
Bloomberg - Highest Paid California Trooper Is Chief Banking $484,000:
“California Highway Patrol division chief Jeff Talbott retired last year as the best paid officer in the 12 most populous states, collecting $483,581 in salary, pension, and other compensation.
Talbott, 53, received $280,259 for accrued leave and vacation time and took a new job running the public safety department at a private university in Southern California. He also began collecting an annual pension of $174,888 from the state.
Union negotiated benefits, coupled with overtime that can exceed regular pay and lax enforcement of limits on accumulating unused vacation, allow some troopers to double their annual earnings and retire as young as age 50. The payments they get are unmatched by those elsewhere, according to data compiled by Bloomberg on 1.4 million employees of the 12 states. Some, like Talbott, go on to second careers.”
Annual pension of 174K. OMFG. That’s unreal.
If I had known what a money train that was, I should have never gone to college; but come down to FL and become a trooper in one of the towns that allows the DROP program. Work for 20 years. Work a ton of OT the last 3 (which is what your pension is based on); very easy, since I would have seniority to pick the OT assignment. Retire with a 100K pension at 40. Go back to work, hopefully in my old position, but not necessarily at 42.
I’d be getting ready to retire in a few years.
Strange how unions wont end this spiking practice, then get uppity over layoffs.
Strange how the new Michigan right to work law does not apply to police or firman unions.
It oughta be illegal, but sadly, it is not.
Segment on C-SPAN’s Washington Journal this morning discussed the “fiscal cliff” and the federal workforce. It noted that furloughs would affect federal employees, not contractors, and could even result in an increase in the number of government contractors.
The compensation cap for government contractors is around $700K/year, contrast that with around $200K/year limit for cabinet-level federal positions. The cost to taxpayers for a federal government contractor is as much as twice what a federal employee costs.
We are surrounded by retired feds collecting pensions who are also double dipping as contractors. Note that only old-school feds get pensions, new feds get the 401k style Thrift Savings Plan.
We are surrounded by retired feds collecting pensions who are also double dipping as contractors. Note that only old-school feds get pensions, new feds get the 401k style Thrift Savings Plan.”
yes they are all over the Aerospace Industry
The payments they get are unmatched by those elsewhere, according to data compiled by Bloomberg on 1.4 million employees of the 12 states. Some, like Talbott, go on to second careers.”
Lots of state employees in Moorpark Ca. Can usually tell which ones by the expensive toys they own. Nice boats, off road vehicles, motor homes to pull everthing, etc. Firemen stickers on the back of most of them.
Engineers tend to avoid expensive vehicles that require lot’s of time off to use. Guess why ?
My company wants to hire in Shanghai because Americans are too expensive wanting all this time off, benifits, medical etc.
How long this high state pay can last when manufacturing is going away I can only guess at.
He is more than that. He collects interest. He doesn’t give out the fiat money, he loans it. We’e all low rent now, but he still collects the rent.
The Fed is redistributing interest payments away from retirees who used to be able to live off fixed income investments like CDs and money market funds towards the coffers of Megabank, Inc.
What’s good for Megabank, Inc is good for America!
But either way, what difference does it make if I took economics classes or not? (I did not, btw.) I thought the issue was “arithmetic.” I did take a couple Arithmetic courses in the late 1970’s.
It was totally obvious because you missed that the journalist’s arithmetic answered the wrong question.
As for economics at Columbia, I have to wonder now…
It looks like the Republicans have finally caved on their “No New Taxes” pledge.
Happy daze are here again!
Love the new username…
Posted this last month, “successful real estate broker” is suspected serial rapist:
Realtor® “family values” = lying, fraud, meth, bath salts, rape, et cetera…
Shills will be shills.
J.P. Morgan lifts S&P 500 target for year-end, offers 18 stock ideas
December 17, 2012, 4:48 AM
Squeezing in a little end-of-year holiday cheer, J.P. Morgan recently lifted its year-end target for the S&P’s 500 index SPX +0.60% , albeit modestly, to 1,440 from 1,430. That equals 13.1 times the analysts’ 2013 earnings per share target of $110, a not-so-giant leap from a prior target of 13 times.
The cause of this tepid optimism is three-fold, said J.P. Morgan: 1) upside surprises on economic data, such as the latest weekly jobless claims 2) investors are overly focused on the fiscal cliff and 3) equity investors are “underinvested” by any verifiable measure.
If money printing is the solution to our problems why did they let the stock market fall so hard and fast before they started printing?
So Obama would get elected.
The house of cards which was our economy was kicked down just before the election when McCain/Palin was in the lead. Why it was brought down, I can only guess. However, that is was brought down is clearly supported by the way stocks were traded, someone was dumping stocks in a manner not to maximize their sale price but to cause the market to drop even further during the entire drop. Four years later, I still do not know exactly why but that the PTB wanted him elected is beyond dispute. My guess is the PTB were not sure that they still “owned” McCain after he picked Palin and were certainly not sure what she would do. They will never allow anyone in the White House that might go after the Fed.
” PTB were not sure that they still “owned” McCain after he picked Palin ”
People were questioning if he’d gone senile after he picked Palin.
Precisely! And we all know it’s hard to control a senile person. Heck, Reagan went all squishy and befriended Gorbachev.
“They will never allow anyone in the White House that might go after the Fed.”
The foreign investors get it:
So Joe Smith, you concede the manipulation and we are just arguing about the reason. It is a good start.
Palin is/was a joke. And McCain has become a joke as well over time. I’m not sure any manipulation was needed, but it is possible some happened.
Why can’t the GOP run someone like Ron Paul or Jon Huntsman? You know, someone who isn’t hung up on social issues and who has a moral compass.
Huntsman is in bed with the PTB. But as far as Ron Paul, it is probably the same reason that the democrats cannot run a Kucinich or even Sanders. See comment about Fed reserve. But ask a Republican, I supported them in Vermont when they ran people like Jeffords and Stafford but have been an independent for decades.
Well I’m not sure why you think I’m a DEM shill. The only Dem I voted for this year was Obama, but that was because Mitt Romney wants to f*** us all in the a** to boost his net worth. Oh, and his LOLable social views.
If Romney wasn’t so disgusting, I’d have voted for Gary Johnson. Not that it would’ve mattered, of course.
9/11 FEMA videographer at Ground Zero goes public
As official videographer for the U.S. government, Kurt Sonnenfeld was detailed to Ground Zero on September 11, 2001, where he spent an entire month filming: “What I saw at certain moments and in certain places … is very disturbing!” He never handed his 29 tapes over to the authorities and has been persecuted ever since.
I suspect theres lots of video that will never bee seen, possibly because it was destroyed.
For example, after claiming there was no video tape of flight 77 crashing into the Pentagon, the Feds just happened to find some after people began to doubt the official story.
So what did they come up with?
Some sorry fisheye lense, 1 frame a second, ground level nonsense that don’t show sht cept a fireball.
A real security cam ALWAYS include time and date stamp along the bottom top of sides.
These time stamps are always missing in any 911 related video “evidence”, including the ones claiming to show the “hijackers” checking their luggage at the airports.
Saddam Hussein (same last name as Obama’s middle name) personally recruited the 19 Iraqi hijackers who crashed the planes into WTC and Pentagon because they hate our freedoms.
And when we liberated Iraq, the forward bases in Kuwait that we launched the liberation from were called Camp New York, Camp Pennsylvania, and Camp Virginia after the locations in USA where the Iraqi hijackers crashed the planes.
I know you went to public schools and think all cultures are equal except western culture which is responsible for all the evil in the world.
I will give you a hint. OBL was being a good muslim following the koran and hadith to the letter. And lived his life just a mad mo did.
Sex slaves, genocide, pedophilia, mass murder, killing and terrorizing infidels to submit…
It is just a day’s work. It their culture. There is no “golden rule” or mercy in islam.
It might help to think of goon as a parody troll. Pretty much all of his posts are tongue-in-cheek.
Still bitter you couldn’t get into Onwentsia, are we?
“…Sex slaves, genocide, pedophilia, mass murder, killing and terrorizing infidels to submit…”
Utar, American tribes, Joe Paterno, Newton, CT., drones, ad nauseam. It is just a day’s work. It their culture. There is no “golden rule” or mercy in christianism.
FYI, from the hadith:
Prophet said: “As you would have people do to you, do to them; and what you dislike to be done to you, don’t do to them.
—Kitab al-Kafi, vol. 2, p. 146
OBL had three things he wanted accomplished:
US troops out of Saudi Arabia
An end to secular rulers in Iraq, Libya, Egypt, etc
Bankrupt the US.
It will be up to academics as to wether or not he succeeded.
Has anyone figured out how a legal gun owner can simultaneously 1)secure her gun so her son doesn’t shoot her in the face while sleeping, yet 2) have the gun ready and available enough to defend herself against an intruder?
George Ure has a thought:
As the headline this morning suggests, however, we have managed once again to look at a social problem and come up with precisely the wrong answers.
Missed in the discussion are several important facts, not the least of which is that in almost all of these mass shootings, body armor was worn by the perpetrator. So while I believe the Second Amendment is a great thing - and the right should not IMHO be impinged, there is no right to buy body armor.
Eric Holder and the Ministry of Love are watching you:
Body armor is not the issue. The issue is mental health.
If any of these attacks had been done with a machete or Molotov cocktails, would the liberal base be up in arms and trying to ban machetes and limit the sale of gasoline?
Mental health is the number one issue, but as someone else stated, the liberals refuse to eat their own. No liberal wants to “impinge” on the rights of the mentally ill. Much easier to impinge on the 2nd amendment and gun owners… they be dumb, back-woods hicks anyways, right?
Lie I said yesterday re purpose old military bases into mental hospitals….a Hotel California…
But you are right Liberals want them back on the streets because they have a right to be free and murder people.
You know, NE, constant references to people who want to regulate the accessibility of firearms as “liberals” just makes you sound silly. Groups like People’s Liberation Front, ELF, Branch Davidians, Black Panthers etc., belie your mantra.
Plenty of arch-conservatives want gun-ownership severely restricted (Ronnie Reagan was one), and plenty of university professors sleep with a Glock under their pillow. Can we simply agree that some people want to regulate the accessibility of firearms and leave their political ideology out of it?
PS. Where do you draw the line between private arsenal and private militia?
some of today’s headlines:
FLASHBACK HOLDER: ‘We need to brainwash people to think differently about guns’…
Dems go for guns…
Obama: ‘We will have to change’…
Harry Reid ponders new gun laws…
Rahm Emanuel calls for nationwide ‘assault weapons’ ban…
VA DEM switches to support…
CNN anchor: ‘We need to get guns and bullets and automatic weapons off streets’…
MSNBC’s Schultz: ‘Confiscation’…
Threre are more
Consider the source(s).
I don’t think it’s even mental health. It is simply parents not teaching their kids to behave. Everywhere I go supermarket, mall, church, I see misbehaving kids and parents who won’t discipline them. I think also the problem is 30 years or so of excusing bad behavior think attention deficit disorder (a load of BS if there ever was one) and doping kids instead of punishing them. Gosh don’t discipline them might stifle their creativity. I think mental health professionals are like poverty pimps. Their first priority is perpetuating their own need. Can’t believe so many fall for their BS.
Kids are like terriers. They need a LOT of opportunity to blow off physical energy.
It’s like getting rid of the terrier because it keeps eating your couch/shoes, failing to recognize that a taste for the couch/shoes isn’t the reason the couch/shoes keep getting eaten.
“I see misbehaving kids and parents who won’t discipline them.”
Because they can get arrested, that’s why.
And that’s not because of some “liberal laws”, but because child abuse was very common not too long ago and laws were created to deal with it, but local authorities took it to extremes, much like MADD.
MADD was once really made up of mothers, but it was eventually overrun by a hostile takeover of lawyers who kicked out the founders and used it to make DUI laws even tougher. Want to guess why?
For the same reasons child abuse laws were made made tougher.
1)secure her gun so her son doesn’t shoot her in the face while sleeping, yet 2) have the gun ready and available enough to defend herself against an intruder?
Solution is along lines like 3) lock crazy son in cage every night before retiring or 4) immure him in basement while he is distracted playing video games
“Nancy Lanza, received $289,800 in alimony this year. It was to continue until December 2023, with slight increases each year for cost of living.”
Wow. Perhaps he flipped out because of this injustice; almost 300K/yr for doing absolutely nothing?
The son killed his mother because his father was paying her alimony?
Maybe the dad convinced the kid to do it.
I’m not sure Dad convinced the kid to do it, but, at the same time, I can only imagine what Dad’s feeling was toward Mom when baby boy came over. I’m sure he was nothing but glowing about what a wonderful women she is while he’s stroking checks for 20K a month to fund her lifestyle.
Biometric trigger locks as demonstrated in recent film Skyfall.
For the typical Joe 6-pack with an AK-47, this is not a realistic option.
At less cost than any of the guns I saw that were used in Newtown.
GunVault Bio pad Handgun Safe
MVB 500 $229.99
Pick up a
Liberty Centurion 12 Gun Safe
Regular price: $599.00
Sale price: $449.00
for the rifles and other hand guns she had and you are still under the price of what she probably paid for any one of her firearms.
The typical Joe 6-pack doesn’t need an AK47.
From the Denver Post - Colorado gun background checks break records after Sandy Hook massacre:
“This weekend set a new record for all single day background check submittals in Colorado for potential gun purchases, according to Colorado Bureau of Investigation officials.
The first day after news of one of the worst mass shootings in America … requests to buy guns in Colorado surged to more than 4,200.
Exact figures weren’t available Monday morning while submittals were being processed, CBI spokeswoman Susan Medina said.
The surge following the massacre was so massive it overwhelmed the system, Medina said. So many background checks were submitted the process that normally takes minutes turned into wait times of more than 12 hours.”
We own a SKS (similar to the AK-47) imported from former Soviet bloc Eastern Europe that has no paper trail regarding its import or ownership in USA, that we paid cash for.
We will decide whether our “need” to own this is justified, not you
But you aren’t a typical Joe 6-pack.
We would certainly hope not as we favor the products of Ska Brewing Company of Durango, CO.
We do not drink Duff.
It is not real beer until you put green chili in it. It actually is not bad but I would not drink it all the time.
You go to Taos drink the Taos Green Chili Beer and then check out the D.H. Lawrence paintings. Yes, paintings. It is a great day.
Minor (ok, major) quibble. Chile is the fruit; Chili is the stew.
And Chile is the country but point taken.
“Has anyone figured out how a legal gun owner can simultaneously 1)secure her gun so her son doesn’t shoot her in the face while sleeping, yet 2) have the gun ready and available enough to defend herself against an intruder?”
I didn`t but someone else did.
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Nope, guns as protection are way overrated.
Guns are security blankets for many. Just as ineffective in most real world situations, but they give a scared person a sense of security, a feeling of control in their fearful mental world.
(Cue stories about grannies running off hoodlums with firearms.)
It depends on who is surprised. Cops realize this.
Really? Is that so? Well, I’d like to introduce you to Mick Meli
Funny thing, this article. Not a mention of this guy anywhere in the legacy media. When the Oregon mall shooting happened there was no discussion as to why, in such a target-rich environment the body count was so low. Don’t want to glorify the stand-up, law abiding citizen who likely saved a slew of people. We know why. We know that the narrative is there and you have to mold the simple minds of the public.
Yet, here we are with the Sandy Hook shooting and the legacy media are crawling all over themselves and everyone else to cover every angle to include the despicable interview right after the fact with a scared little kid. It seems though, the coverage is shifting to Washington now. The legacy media has hardly bothered to correct the facts, which were a complete cluster last week. Now, we focus creating new laws because no good tragedy can go to waste.
I wonder what this does to influence other suicidal, mentally unstable individuals. Was Adam Lamza influenced by the Aurora Theatre shooting? Did he see the insane amount of coverage and realize that the shooter was now a permanent part of American culture? Did he think to himself that he would do something nobody would ever forget?
I’d like to introduce you to Mick Meli
Sounds like Mick didn’t have anything to do with stopping the shooting. He just hid behind a pillar with his gun drawn.
The break in gunfire allowed Meli to pull out his own gun, but he never took his eyes off the shooter.
“As I was going down to pull, I saw someone in the back of the Charlotte move, and I knew if I fired and missed, I could hit them,” he said.
Meli took cover inside a nearby store. He never pulled the trigger. He stands by that decision.
The break in gunfire allowed Meli to pull out his own gun, but he never took his eyes off the shooter.
“As I was going down to pull, I saw someone in the back of the Charlotte move, and I knew if I fired and missed, I could hit them,” he said.
Meli took cover inside a nearby store. He never pulled the trigger. He stands by that decision.
Is that the best you guys have? Wow, so concealed carry must not have stopped or impeded any shooting spree anywhere, or we’d have heard about it ad nauseum by now.
Why do they commit suicide?
Fear of being kept alive to face justice. Fear of being wounded and then facing justice. You pick.
That’s why when faced with an armed person who intends on stopping them they stop shooting indiscriminately and take their own lives instead.
Beyond that, what kind of idiot are you? You do realize that the most important part of being a responsible CCW carrier is that your actions, even in this situation, CANNOT cause MORE harm than is already going on without you involved. He didn’t fire because he didn’t have a clear background to shoot at.
Actually, the responsible concealed-carry shooter didn’t shoot because he couldn’t guarantee he wouldn’t hit anyone else. But after that confrontation the perp didn’t shoot anyone else either.
“I’m not beating myself up cause I didn’t shoot him,” said Meli. “I know after he saw me, I think the last shot he fired was the one he used on himself.“
. He didn’t fire because he didn’t have a clear background to shoot at.
Yeah, which is good, he seemed well-trained. But he only ‘thinks’ the last thing the guy saw was him, as he hid behind a pillar, gun drawn, watching the shooter. There’s no evidence that’s what actually happened. It’s quite possible the guy never even noticed him.
Thanks for posting this. I had heard some rumors about this when it first happened, but haven’t been watching news lately and couldn’t confirm. IOW, it didn’t even get much play here in OR. The other thing at work is that just days later (what is perceived as) a larger crime took place in CT taking the OR story out of the headlines, even here.
IMO, there is enough reasonable doubt here as to whether Meli’s actions thwarted further attack. But I agree with you that it does beg the question of why this isn’t being reported, and followed up on.
“I know after he saw me, I think the last shot he fired was the one he used on himself.“
I don’t think that would hold as conclusive proof in a court of law.
From statistics: Fail to reject the null hypothesis. There is insufficient evidence to suggest that Meli was the reason the shooter killed himself.
That doesn’t mean Meli wasn’t. I just means you can’t prove he was.
But he only ‘thinks’ the last thing the guy saw was him, as he hid behind a pillar, gun drawn, watching the shooter.
I agree. All you have is Meli’s account of the event, which amounts to projection (of Meli’s assumptions onto the shooter). Without testimony of other witnesses and the shooter himself, there’s no way to know if Meli was the reason for the end of the chaos.
“(Cue stories about grannies running off hoodlums with firearms.)”
There are about million of those stories. Documented.
And they are true and can be googled.
A million documented stories a year?
Only the ones that end sourly with a dead Trayvon “Skittles” Martin get paraded by the coastal elitist bedwetter libtard media. The success stories only appear in the NRA’s magazine National Rifleman.
Northeasterner’s large arsenal offers protection in his mind only. If a boob like John Warnock Hinckley can gun down a president and his press secretary what chance does a gun nut from New Bedford have against the zombies.
No, he’ll band together with fellow freedom fighters and take to the hills! To fight until the Constitution is restored.
We’ll be taking to the hills. Not until the Constitution is restored, just until all the flatlander zombies either starve or kill each other off. Zombies don’t thrive at elevations of 7,000, 8,000, 9,000 feet or higher.
What if you have an appendicitis up there?
You could go to St Vincent’s in Leadville. Its above 10,000′
St Vincent’s in Leadville. Its above 10,000′
Gonna be crowded. Only hospital above the zombie line. Hope they have a lot of blood stockpiled.
Naive progressives and their gun free zone signs around schools are more to blame for the tragedy than guns. I would say equally responsible with the psycho nut job mowing down all of those innocent children.
How many times do we have to see needless killings in these gun free zones and businesses with the no firearms allowed signs? You may as well put up a giant neon sign proclaiming “unarmed victims waiting to be killed here!!”.
Anyone can just pull into any school parking lot in this nation without being checked…shameful.
By the way…I love how the President could not resist the urge to throw in global progressive code words in his speech last night, what a clown. I actually had high hopes for the speech when it began and then started to throw up in my mouth when the typical “never let a good tragedy go to waste” proclamations started.
Those people needed comfort and compassion, not a speech typically heard in front of the UN committee on small arms.
The zombies and those fleeing the front range from the zombies will never make it to Leadville. Anyone familiar with I-70 ski traffic knows the choke points of the tunnels at Idaho Springs and Loveland Pass will turn the road into a blocked pile-up of death and chaos much as described in Stephen King’s The Stand.
Plenty of food up there in Leadville?
will turn the road into a blocked pile-up of death and chaos much as described in Stephen King’s The Stand.
Won’t that depend on the type of zombie?
The zombies from Zombieland and Shaun of the Dead, for example, were slow movers, no?
So, a pile-up of cars might be akin to pulling a chair behind you to slow the pursuit of someone chasing you.
If the zombies are those of the type from 28 Days Later, on the other hand, God help you!
You keel over and die like an exceptional American.
As fast as I-70 can bring them…errr…I mean it.
What if you have an appendicitis up there?
What if you have an appendicitis up there?
“Naive progressives and their gun free zone signs around schools are more to blame for the tragedy than guns.”
Gang violence in schools is VERY real. Having an armed guard kill someone’s precious little gang banger is an instant, no-win lawsuit for the school district, no matter the political lean.
But yes, the problem is the will to enforce a serious consequence for a serious crime.
And psychopaths know this… although many are miscalculating and getting their sorry asses killed anyway, but not before it’s too late.
The REAL problem is as someone has already stated, the lack of mental in a country that really doesn’t give a flying damn about the health of its citizens.
Don’t you think he’ll probably run to Galt Gulch instead of the hills?
He’d better not come to MY hills… it’s full of armed crazy people.
He might need those guns for hunting, though, once firms like mine help his employer send his job packing to China. This will happen, it’s a matter of when, not if. We have quite a few clients who ask us to analyze this issue on 3 fronts: 1) IP protection 2) tax issues and 3) ability to fulfill gov’t contracts or other sensitive orders using overseas vendors.
It’s only a matter of time until this happens. One of our clients’ top goals is to get serious about off-shoring the 60-120k/ yr jobs. They’ve already put manufacturing overseas for everything except the highest military sensitivity items. Think of the big IT, defense, and financial firms in the word… these firms hate paying high salaries to worker bees and are hell bent on sending the jobs to low-cost countries. There are only a few things stopping them and they won’t stop them for long.
China and other nations are getting better on IP issues, because they need the jobs to keep their whole economic model from collapsing. And neither party cares about American jobs. The GOP in particular would cheer the “invisible hand of the free market” for allowing the “job creators” to create more jobs… overseas.
Another big issue we see is tech companies getting professionals to work virtually for free. Think of all the people who write apps. Most of these people (90%+) can’t clear enough revenue from apps to fund even a lower middle class lifestyle. Look at AAPL for example–if you sell an app through their app store, they take 70% of the revenue right off the top. You have 30% left, from which you have the honor of paying taxes and covering your costs. Brilliant model, for AAPL. But a lot of developers still haven’t caught on… they focus on the 1% who make decent money or the .01% who end up making millions (instagram, for example). And, of course, the most popular and useful apps are often free giveaways made by major corporations. These undercut what anyone will pay for an app made by J6P App Developer.
The future belongs to Lucky Ducky indeed. And the next round of lucky Duckies will be what’s left of the middle class, many of whom envision themselves as boot-strappers and were Romney voters. Well, the techniques pioneered by Romney (aggressive, amoral capitalism with an emphasis on off shoring and tax evasion) are going to f*** them really hard. It’s going to be fun to watch, honestly.
Ya know….. you’re bullshit is a dead giveaway.
It’s only a matter of time, my friend. And really, you should be quite happy because oversees competition will upset the supply/demand curve here in the US, accentuating the CRATERING of home prices here.
Why do you think companies pay 100k salaries here in the US? Do you really think it’s because they work *couldn’t* be done overseas? It’s not. And even though Romney lost, behind closed doors in DC the flow of capital around the world is increasing and there is no appetite from either party to do anything about these issues. The Fed and the .01% have incredible power and you know this. Corporate America hates its workers–the high paid ones even more than the drones.
Joe, you will be one of the first to be outsourced. So I would not laugh too hard.
His kind already are… it’s called legalzoom.com.
Low end law is indeed getting the screws. I haven’t seen any debt or stock offerings managed by LegalZoom yet. Nor can LegalZoom get access to protective orders or security clearances.
Of course, the big difference in this is that lawyers and financial types run the country. I agree–there are way too many rules protecting big law firms and allowing them to pillage private companies. These “job creating” public companies will easily rubber-stamp tens of millions in legal and accounting fees, yet lay off countless middle class workers. Lastly, the upper types at big companies and the gov’t consider large law firms to be their kin–we just got back a partner who worked 4 yrs in one of the top DOJ jobs. It’s a revolving door. The kind of thing the 2 political parties would stop if they cared about the middle class.
It’s disgusting. But I’ve decided if the GOP can run someone like Romney for President, I should have no qualms about any of this. It won’t last forever, hence the need for a paid off house and cash-flowing assets. Glad I learned how to really boot strap from my parents, not from some corporate shill for the 001% “job creators”. LOLz.
Sadly, I don’t see a way that investment banking or BigLaw will be outsourced. Some of the weaker firms will be culled (it’s already happened). However, at the top firms that are stocked with former SCOTUS clerks, Ivy grads, and revolving-door government types (DOJ and Consumer Financial Protection Bureau are the big ones at my firm) clients rely on personal ties and the fraternity aspect of things. They’re not picking law firms (or investment banks) because of cost, they’re picking them because they know the same people and because it will pass muster with the Board of Directors.
It bears repeating–Gov’t contractors or tech companies would much rather pay a few extra million to their investment banking and legal advisors than pay an extra few bucks an hour to the people who make their products.
If we ever get an honest government and a GOP that isn’t obsessed with the 47%, maybe they will look at this incestuous system. Until then, I’ll be LOLing.
I haven’t seen any debt or stock offerings managed by LegalZoom yet.
You really are myopic. Look at the volume of stock offerings over the last few years. It’s way down. That means less business for you and you kind. Your firms are forced to fight for a smaller and smaller slice of the pie.
You’re not special. You’re not some unique snowflake. You do nothing that the other 6 Billion meat sacks on this planet couldn’t do. You push paper… and funny, but the volume of paper you push is declining.
“That means less business for you and you kind. Your firms are forced to fight for a smaller and smaller slice of the pie.”
Sadly (because I realize legal costs are a drain on the system) this is not true.
Plenty of mergers, plenty of PE work, plenty of IP work, plenty of government contracting work (which is what I primarily do), plenty of bankruptcy/reorganization, plenty of ERISA work, plenty of mass torts/pharma liability, plenty of internal investigations and white collar defense.
Everytime new regs are added… more legal work. This can not go on forever. And I’m not sure I want to do this forever. Which brings me back to paid off house and cash-flowing local businesses, as I learned from my parents and other family.
The lower echelons of lawyers are screwed indeed.
by the way, less stock offerings is becasue of a few things:
more debt offerings, more private equity, and more acquisitions as big companies look for new revenue sources (thus less small companies electing to go public).
These “job creating” public companies will easily rubber-stamp tens of millions in legal and accounting fees, yet lay off countless middle class workers.
Ah, yes. This is the shift I saw at HP (not as an employee, as an account manager calling on them) in the early 2000s from engineers making decisions to finance and accounting making engineering decisions.
Thanks Carly! (and to those who voted to get her on the ballot in CA, not able to put 2+2 together)
what chance does a gun nut from New Bedford have against the zombies.
The zombies are an excuse to own guns. I enjoy shooting as an activity and a sport. It doesn’t hurt that if there was ever a SHTF event, I would have them, whether or not I needed them… If I actually thought the world was about to end, why would I be working my butt off in a startup?
As to protection, as I’ve said before… there are sheep and there are wolves. If you actually think the Police will stop a crime in progress perpetrated on you and yours, than you are sheep and will get sheared appropriately.
Ask yourself, how many children would have been saved in CT if there had been an armed security guard at the school, or if the principal had a concealed firearm on her person? But the sheep don’t like the idea of the world being a dangerous place… they prefer to pretend in make-believe. They prefer to think a locked glass door will keep evil at bay…
If you actually think the Police will stop a crime in progress perpetrated on you
Who thinks this? It’s a numbers game more than anything else. Of the 10,000 people in the Clackamas Town Center last week, 9,997 made it out without injury*.
*Does not include mental stress.
Having a gun didn’t stop the mother from being murdered by her own son.
Indeed. Maybe the mother should have been more willing to see her son for what he was… A sick, twisted psychopath, then concern herself with “prepping” for some EOTWAWKI event. Danger is often closer than we ever imagine…
Danger is often closer than we ever imagine…
I was once working on my truck in the driveway while a shootout was going on between 2 cops & a murderer just 2 blocks away. Thought it was firecrackers, as is so common.
It is really very simple. Deadbolt on your bedroom door.
And a deadbolt on the outside of your crazy son’s bedroom door.
Blue doesn’t that require you to have a private one door master bathroom?
dj, I’m not usually sleeping in the bathroom.
It’s simple really. A locked gun safe, preferably a combination lock or biometric lock. I keep my rifles in a locked wall safe with trigger locks installed. You would need to know the combination and where the keys are to get the rifles out.
The .40S&W is loaded and in a compact combination safe next to the bed. That can be accessed in seconds and opened in the case of a break-in. We have a dog to give us fair warning and provide some interference.
The disturbing thing with this whole episode is how anti-gun types and liberals jumped all over the gun issues while ignoring the mental health issue. Every one of these shootings are done by young males with a history of mental illness… I guess guns are an easier target for liberals.
No, they just flatly refuse to eat their own.
Every one of these shootings are done by young males with a history of mental illness
And mental illness is one of the hardest things to get our current health insurance to cover.
And the mentally ill are way more likely to be uninsured.
So yes, we do need to look at how our current health insurance system is failing to provide those most in need with access to health care, yet gain, to the detriment of us all, and how a single-payer plan would work better.
I thought about this over the weekend.
Mental illness is for the most part invisible. Only until it’s too late can we reassess the situation and say how this person was so mentally unstable and something like this is not a surprise. (We all probably have odd friends like this - I know I have one or two).
But there will be little attempt made to head off the mental illness prior to something like this happening, as treating mental illness is not a profit generator. Many illnesses (such as antisocial personality disorder) cannot be treated with drugs, are comprised of a high amount of uninsured, and in general, do not generate adequate cash flow for the health care model. So these people will continue to go untreated and swept under the carpet. Many of the people on the street should be institutionalized, but are not. And the problem is not getting better.
With public funding being cut, these people will continue to be ignored by the health care system and the costs will be increasingly burdened by society on many levels. .
There is something in what you say about public paid mental health care. However, it doesn’t solve the problem that it is rare for a psychotic to realize the need for outside help, or willingly accept it. At the time murder or suicide is contemplated, a person without means can indeed access hospital care without insurance.
At the time murder or suicide is contemplated, a person without means can indeed access hospital care without insurance.
It’s often too late by then. The insane don’t know they’re insane, usually.
That’s what I meant by not accepting outside help.
I think almost every one of these cases had someone reporting the people involved days or weeks before as being unstable. Definitely in the case of the mall shooter.
A quick access gun lock box safe by the bed.
I’ve been pondering how to reduce the incidence and severity of mass shootings.
So, what are the common threads between virtually all mass shootings? Two things: 1) A semiautomatic weapon, and 2) a homicidal person.
1) Automatic weapons are extremely difficult for civilians to obtain. Semiautomatics need to be the same way. There should be virtually no semiautomatic handguns or rifles in the hands of civilians. Only single-shot firearms. Single-shot bolt actions are quite satisfactory for hunting. In duck blinds, one finds expensive semiautomatic shotguns. They’ll have to move to expensive pump-action firearms.
Common Thread 1 is eliminated.
2) In the 1970s, the nation watched “One Flew Over The Cuckoo’s Nest.” In short order, the asylums were emptied, to everyone’s detriment. The movie was fiction. We need a stronger ability to psychiatrically detain those with homicidal tendencies.
Common Thread 2 is eliminated.
Now, politicians respond to those who present the largest bribes aka campaign contributions. So, it’s unclear if reform will occur.
The insurance policy provided by semiautomatic firearms has too high a cost for most people to accept. The lax detention of the homicidal solves a minimal problem of harsh conditions in an asylum at too high a cost as well.
Note 1: Every so often, you get a Texas clock tower type shooting - a “tower shooter”. Those can be carried out with single-shot rifles. But they’re quite rare. Even the DC snipers used Bushmasters semi-autos despite taking single shots. But all “room shooters” use semiautomatics, as far as I can tell.
I have an alternative construction that also fits the fact pattern.
Over the past generation we have told our young men that they are dispensible. With the feminization of society, the pouty enforcement of political correctness, and the self-interested promotion of government subsidies for women of breeding age to BREED - you don’t need no dam man! - There is simply no room in society - no future - and no hope for the young men coming of age in the first several decades of the new millennium.
When people marginalize me, I get ticked off. Ticked enough to prove them wrong. I got so ticked off about being marginalized that I signed up for an engr program that will kick my butt for its remaining two years. Most people don’t have that option, and their fight has been kicked out of them.
So, young men look forward to the next sixty years of being marginalized, kicked, and the objects of contempt. With nothing better to look forward to than asking their girlfriends for beer money on a Friday night. The girlfriend will dole out the money, dollar by dollar, with contempt.
I’m not at all wondering why young men are losing it. They have been flat out told that they are useless, and that their lives are worthless. By their girlfriends, by the government, and by what used to be the jobz-producing sector.
In large numbers, young men have been filleted of any hope they might have had as recently as twenty years ago, of having a purposeful life.
“Freedom’s just another word…”
EVERYBODY gets marginalized, kicked and made an object of contempt. And women still only get paid 79 cents per dollar men make for the exact same work. White men still control our government and corporations and public institutions worldwide, so stop whining and get some perspective. Better yet, talk to your elders about being marginalized by their times.
PS. Young men have ALWAYS run amok, rampaged, slain, and murdered. War-making, and its representative analogs, sports and gaming, have always been the province of men, and it’s certainly not just the “past generation” that’s been told it’s expendable.
I think jane has a point. We put “white men” under one umbrella but I think it’s highly unlikely that marginalized young white men are the same ones that will grow up to “control our government and corporations and public institutions worldwide”. So to me it doesn’t make sense to analyze it as though they were the same group.
800K too much ?
the company I work for “ships” all products out of Sinapore avoiding CA state tax. I wonder if the government will move to close that loophole in order to fund its operations?
The biggest firms have their eyes set on the 75k+ plus jobs. This is a much bigger prize that sales tax concerns. So even if the government can close this loophole, they’re going to lose income taxes and end up paying more food stamps and health care for Lucky Duckies here in the US of A.
And the biggest firms are full of managers who can’t find their head because it’s up their arse… I don’t particularly care if big firms outsource every high paying job, they will suffer the consequences of their actions. Meanwhile, small nimble firms will eat their lunch.
And when mega firm comes and buys out my company, I’ll take the money and start another small firm, build it up and sell it to the idiots in the Fortune 500 again. They can’t innovate, all they can do is push paper…
Meanwhile, small nimble firms will eat their lunch.
Some will. Most won’t. I’ve worked at my share of “small nimble firms” and most don’t know if they’ll be able to make payroll.
Because the Boulder/Ft Collins/Denver tech economy are too stoned to produce anything of value. Move to Boston or Austin or Silly Valley and stop being such a bedwetter if you hate it here already…
Public union goons.
Got to love them.
Even if they bankrupt your city and state.
Just keep paying your ever increasing taxes - because it is for the children!
How about you keep paying your ever increasing taxes!
Because the private-sector, for-profit, invisible-hand-of-free-market, government contractors need to get paid. And paid and paid and paid and paid and paid! We brought in even more new hires last week, that you get to pay for.
The beauty of “government contractors” is when you want to get rid of them - you just don’t renew their contract.
That is it. Case closed. They go their merry way. No hard feelings.
Public union goons are the gift that keep giving.
You can’t fire them (even for gross incompetence).
You can’t rescind insane contracts that the public union goon’s own bought and paid politicians agreed to years ago.
You have to pay millions in pensions no matter how bankrupt your city is and no matter how little the public union goons put into their own pension. No matter how early their retire. No matter how much they spike their pension. No matter they they take another public union goon job the next day.
Public union goons expect taxes to go to infinity and could care less which homeowner can’t pay. In fact, another public union goon will evict you from you house for non-payment of property taxes very quickly.
And ALL with a sense of entitlement that makes you stomach turn.
All in all - I will take the government contractor ANY DAY.
Public union goons
Pimp, he doesn’t hate on the government contractors because he is one.
But those goons are another story…
Mommy Mommy there’s a goon under my bed!
Goon-b-gone! Gets rid of goons without any rubbing, scrubbing or scraping! Available now at Walgreens, ACE Hardware mad Target!
Disclaimer: Will not remove pension liabilities, double dipping nor will cap pensions.
Hire today, goon tomorrow.
“Goon-b-gone! Gets rid of goons without any rubbing, scrubbing or scraping! Available now at Walgreens, ACE Hardware mad Target!”
LMAO….. Bananas monotonous goon talk has become hilarious.
Goons! Goons everywhere!
Goons! Goons everywhere!
In southern Asia, they’re called “goondas”, e.g.,
Bangladesh’s Control of Disorderly and Dangerous Persons (Goondas) Act (East Bengal Act IV of 1954), Section 13(1), gives seven grounds under which a tribunal may declare a person to be a goonda and place him on the prescribed list of goondas:
frequents for immoral purposes houses or localities inhabited by prostitutes; or
frequents resorts of vice such as drinking or gambling dens, or places where opium or other intoxicating drugs are smoked or otherwise consumed; or
generally appears in public while drunk; or
is addicted to smoking opium; or
uses obscene or abusive language in public; or
makes fraudulent collection in the name of charity;
is involved in affray, rowdyism or acts of intimidation or violence in any place private or public so as to cause alarm to the people living or frequenting the neighbourhood
“goonda tax” is a shakedown.
Very cool info, tresho. Thanks!
“I wonder if the government will move to close that loophole in order to fund its operations?”
It was tried 2 years ago:
“Libor scandal grows as the fathers of two mass murderers were to testify”
Wow, truth is really stranger than fiction. What are the odds that two people that were going to testify about Libor would have such links to two mass killers?
Perhaps it’s no coincidence. Many people who work as banksters, financial terrorists, economic rapists, and their associated support staff of fluffers in government and media are sociopaths.
They exploit and destroy people with handshakes and pinstripes, their humanoid offspring do it with guns
Maybe there is some truth to the idea that the 1% is made up of a lot of psychopaths. It runs in families. Maybe some can handle it and use it in their profession, others can’t and go berserk.
It runs in families
Which is what we posted 3 minutes and 36 seconds before you did.
The Masters Of The Universe 1%er pigs are incapable of love and breed little monsters.
I think that they teach their offspring to be monsters.
In today’s NYT… “Some Buildings Find Buyers Need a Nudge” at http://www.nytimes.com/2012/12/16/realestate/some-buildings-find-buyers-need-a-nudge.html?hp
“some condos that tailor to middle-income buyers or are in still-gentrifying neighborhoods have again embraced the idea that every little enticement helps, especially with hard-to-unload remaining units.
Mr. Benaim is relying on incentives to help wrap up a pair of projects in Long Island City, Queens.
At L Haus, at 11-02 49th Avenue, buyers receive a credit equal to 6 percent of the unit’s cost when completing a purchase, though it can be applied only to closing expenses. Under different circumstances the credit might have been just 5 percent, Mr. Benaim said, but the Stahl Organization, the developer, raised the amount to cover the state’s so-called mansion tax, which is a 1 percent charge on any sale for $1 million and up.
Modern Spaces, which took over sales in January after replacing Douglas Elliman, started the incentive program in August. At the time, 20 of 123 units remained; since then 19 have sold. “
L haus is a scam…empty at night but 1 block from the 7 train at Hunterspoint….ugly building…vastly overpriced.
I think they put timers on apartment lights just to make people think someone lives there
A year ago this would sell for less than 400K . This is what low interest rates are doing.
$429,900 3 2 (2 0 0 0) 1481 5924 sf (Public Records) 1984 SFD 12/16/2012
Address: 13100 Knotty Pine St Tract Code: Mission Ridge-424
Public Remarks: Well cared for single story home in a nice neighborhood. Remodeled kitchen cabinets and stainless appliances. Plantation shutters and newer slider in the family room. Indoor laundry room. Ample backyard for children and pets. Homes in this neighborhood rarely come on the market. Neighborhood tot lot and low hoa dues.
“Indoor laundry room.”
As opposed to what, an outdoor laundry room?
“Remodeled kitchen cabinets and stainless appliances.”
Where are they, on the roof?
Is an outside laundry room a dealbreaker for you? The home we are looking at has the laundry room in the back of the house, next to the garage. It’s like a storage shed (wood frame structure w/ roof, door). You have to go outside under a canopy to get to it, but you are still outside.
My hubby says this is a dealbreaker if we want to sell later, not to mention: who wants bugs flying into the laundry basket as you walk to and fro???
Outside laundry a dealbreaker?
http://www.city-data.com/forum/real-estate/769617-outside-laundry-dealbreaker-rental-kitchen-bedrooms.html - 314k -
Larry Summers, otherwise questionable person, made a great point in the summary of his op ed in todays’ Financial Times:
“It has been observed that the greatest scandals are not the illegal things that people do but the things that are fully legal. This is surely true with respect to a tax code in urgent need of reform.”
This is why the Mitt Romney “boot strapping” “private industry” “job creator” plan is great for getting ahead. Push the envelope on taxes. Make sure everything is legal or could be argued to be legal. Force the gov’t to prove otherwise. And if Congress is complicit in allowing you to f*** American workers, why shouldn’t you go ahead and do it? Pay your lawyers and accountants lavishly but pinch pennies on the people who actually make things. Mittens is our hero.
Mitt is nothing short of a traitor.
He sent American jobs to communist China… and was nominated by the GOP.
Take you average white boy in public school: He is force fed progressive new world order propaganda every day, most of which tells him that he and his like are the biggest threat to humanity and a decent society. That he and those before him are responsible for environmental destruction and genocide. The school is also where everything about being a boy or young man is to be suppressed, while feminism and homosexuality is encouraged.
Why again do you think our young men are becoming “race cars in the red” and ready to blow?
Boys and young men need outlets like PE and sports. They also need have other avenues to explore while in school to keep them interested; like auto shop, wood shop, metal shop, HVAC and other trades. Not everyone wants to dawn an elbow patch jacket and attend a global progressive indoctrination facility commonly know as universities.
This is Racist®. You are being reported to Race Hustlers Inc for thought crimes.
Boys and young men need outlets like PE and sports. They also need have other avenues to explore while in school to keep them interested; like auto shop, wood shop, metal shop, HVAC and other trades.
I could have used those avenues too. Especially metal shop. That would have been a blast.
The school is also where everything about being a boy or young man is to be suppressed
Yeah, right. That’s why school athletics begin as early as middle school and American Football is the #1 high school sport. Ever notice that homecoming is centered around the American Football game?
while feminism and homosexuality is encouraged
Oh please. No one tried to talk my kids into becoming homosexuals. If there’s a problem at the schools, it’s that too many girls are pregnant before they graduate.
“If there’s a problem at the schools, it’s that too many girls are pregnant before they graduate.”
Whoa, really? Your schools decide if minors have unprotected sex?
Just saying that if all the girls were lesbians they wouldn’t be getting pregnant by “accident”
I think a lot more of the violence starts at home than school. Many children have no male role model. Many others have a poor role model (substance abuse, stress/anger issues, lack of time to play/mentor/teach). Schools can’t change the home life part of a young person’s upbringing.
Also divorce/broken families and lack of medical care/resources. Not to mention the fact that our society overmedicates kids instead of addressing the root problems. And then health insurance very rarely covers care of psychological issues. Add these to the list too.
our society overmedicates kids instead of addressing the root problems.
You are presupposing that the ‘root problems’ are known. They are not known. Another pre-supposition is that ‘root problems’ if known, are curable. They’re mostly not curable when they are known.
Hundreds of brown and black kidz have been killed in The One’s socialist utopia Chicago this year for some of the above reasons.
But the libtards only get their panties in a twist about gun control when it’s a bunch of rich white kidz that get killed.
Whoa Goon there going to start calling you a racist just like me….glad to have your company..
glad to have your company
Sorry, but you’re still a Racist®.
Almost as much of a Racist® as the lily-white, chicken-sh*t, limousine libtards whose only interaction with “diversity” is their nanny or Jose who cuts their lawn or busses their table.
Our recollection from spending time with libtards like this with the ex-squadette at the Ford School of Public Policy at the University of Michigan several years ago is that:
“A college education gives you the right attitude about minorities, and the means to move away from them”
Just shows you’re old. The kids don’t even know what a ‘minority’ is.
I don’t know about where you live, but local schools where I live are NOTHING like what you think they are, nick.
Not even close.
Nick lives in 1950s Archie Bunker land. ‘Where we beat the pink out of you at recess’.
Another realtor charged with felonies.
Well… there it is. We can see clearly what kind of people they are.
If you buy housing at current inflated asking prices, you’re going to lose alot of money. ALOT of money.
Hundreds of brown and black kidz have been killed in The One’s socialist utopia Chicago
How old were they, on average? Were they innocent little kids or opposing gangbangers?
Doesn’t matter. Gun control is only an issue when the dead kidz involved are white.
20-some black and hispanic kids shot at school wouldn’t make the news?
Spread it out over a whole weekend, across some socialist utopia like Rahm Emmanual’s Chicago, and no, it won’t make the news, other than on the Racist® Drudge Report.
Rahm to gangbangers: “STOP the killing, or I’ll yell STOP again!”
How Old Is Too Old to Work?
By Dan Woog, Monster Contributing Writer
The media is fond of feel-good stories like the stockbroker who worked until he was 101, or the man who retired after 33 years — from his second career. He was 98 and had been forced to leave his first job at the mandatory retirement age of 65.
But despite the aging of America, these “older old” workers are still the exception rather than the rule. The reality, says AARP strategic policy adviser Sara Rix, is that most people 75 and over are no longer in the workforce. They are not physically incapable of handling their jobs, she notes. Rather, their interests and needs change. Some leave the workforce voluntarily. Others face mandatory retirement rules.
And some, of course, fall victim to age discrimination. “It’s pervasive,” Rix says. “After 55 or 60, it’s hard to find meaningful employment.” So when should you really retire? How old is too old?
That’s hard to say. Some industries and sectors are more hospitable to older workers.
Convincing Employers Is Key
Investing in Experience
One Solution: Don’t Leave
http://career-advice.monster.com/in-the-office/workplace-issues/how-old-is-too-old-to-work/article.aspx - 206k -
“They are not physically incapable of handling their jobs, she notes. “
Say what?! Most people I know over 75 are in no way shape or form able to work anything but part time at best!
Damn but you really can’t fix our kind of stupid.
They’re not supposed to keep working, they’re supposed to just disappear and DIE, and preferably quietly and inexpensively. Cuz if they’re not making money for the Producers they’re just dead branches on the tree yo…
“And some, of course, fall victim to age discrimination.”
Some? Ageism is at an all time high. There has been a 50% increase in filed complaints since 2000.
Hey Dan Woog, thanks for the slant.
What happens when a home sale fails
By Marcie Geffner • Bankrate.com
Mortgage Trends » What Happens When A Home Sale Fails
Fail. Fallout. Fall apart. Bomb. Those are among the colorful phrases real estate agents use to describe home sales that do not close.
For buyers, a failed transaction might be a disappointment, but for sellers, the implications can be more painful, especially if local home
Not all is lost, though, just because one deal doesn’t close. The seller’s listing agreement with the realty broker typically continues until its own expiration date, giving the broker more time to find another buyer, Hastings says.
One exception: If the lender forecloses and takes possession of the property after a failed short sale, the listing agreement between the seller and broker ends.
“One day, the bank says it’s over,” Hastings says.
After that, she says, the seller moves out and the lender relists the house for sale, usually with a different broker and at a lower asking price.
(This is when the original listing agent is most vulnerable and possibly suicidal. They should be watched closely by fellow realtors and offered words of encouragement)
Lie, though your heart is aching
Lie, even though it’s breaking
When there are clouds in the sky
you’ll get by
If you lie through your fear and sorrow
Lie and maybe tomorrow
You’ll see the sun come shining through
Light up your face with gladness
Hide every trace of sadness Although a tear may be ever so near
That’s the time you must keep on trying
Lie what’s the use of crying
You’ll find that life is still worthwhile
If you’ll just
http://www.bankrate.com/finance/mortgages/home-sale-fails.aspx - 65k -
Another damn leftie dead!
Daniel Inouye, 1924-2012
…about Inuoye. At age 17, he was a medical volunteer at Pearl Harbor. At 19, he joined the army, because the ban on Japanese-Americans had been lifted. Toward the end of the war, he lost his arm in an attack that’s summed up clinically in his Medal of Honor citation.
While attacking a defended ridge guarding an important road junction, Second Lieutenant Inouye skillfully directed his platoon through a hail of automatic weapon and small arms fire, in a swift enveloping movement that resulted in the capture of an artillery and mortar post and brought his men to within 40 yards of the hostile force. Emplaced in bunkers and rock formations, the enemy halted the advance with crossfire from three machine guns. With complete disregard for his personal safety, Second Lieutenant Inouye crawled up the treacherous slope to within five yards of the nearest machine gun and hurled two grenades, destroying the emplacement. Before the enemy could retaliate, he stood up and neutralized a second machine gun nest. Although wounded by a sniper’s bullet, he continued to engage other hostile positions at close range until an exploding grenade shattered his right arm. Despite the intense pain, he refused evacuation and continued to direct his platoon until enemy resistance was broken and his men were again deployed in defensive positions.
He recuperated, and learned that his right arm was gone. “From now on,” he remembered thinking, “they could call me lefty.” He switched his ambition from medicine to politics.
The story behind the destruction of the third machine gun nest is understated…from the Wikipedia entry (if you believe it):
“As his squad distracted the third machine gunner, Inouye crawled toward the final bunker, eventually drawing within 10 yards. As he raised himself up and cocked his arm to throw his last grenade into the fighting position, a German inside the bunker fired a rifle grenade that struck him on the right elbow, severing most of his arm and leaving his own primed grenade reflexively “clenched in a fist that suddenly didn’t belong to me anymore”. Inouye’s horrified soldiers moved to his aid, but he shouted for them to keep back out of fear his severed fist would involuntarily relax and drop the grenade. As the German inside the bunker reloaded his rifle, Inouye pried the live grenade from his useless right hand and transferred it to his left. As the German aimed his rifle to finish him off, Inouye tossed the grenade off-hand into the bunker and destroyed it. He stumbled to his feet and continued forward, silencing the last German resistance with a one-handed burst from his Thompson before being wounded in the leg and tumbling unconscious to the bottom of the ridge. When he awoke to see the concerned men of his platoon hovering over him, his only comment before being carried away was to gruffly order them to return to their positions, since, as he pointed out, “nobody called off the war!”
I once saw a video clip of Inouye himself recounting the event, and it was pretty much like Wikipedia mentioned. Inouye was very old at the time he was telling the story & he even mentioned it sounded hard to believe. But there were witnesses.
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