Bits Bucket for May 24, 2013
Post off-topic ideas, links, and Craigslist finds here.
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
About Me
Name:Ben Jones
Location:Northern Arizona, United States
To donate by mail, or to otherwise contact this blogger, please send emails to: thehousingbubble@gmail.com
PayPal is a secure online payment method which accepts ALL major credit cards.
Links
-
April 2024 M T W T F S S « Sep 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Photo Submission: hbbphotos@gmail.com
View the HBB Photo Gallery *updated 4/13/2008
stocks and homes will take you to the glory land
But not the long bond (down 7.1% already since May 1)…
Maybe not so much for stocks, either…looks like it’s houses from here on out if you wanna get rich off your investments.
May 24, 2013, 7:24 a.m. EDT
Newscast: Losses for stock futures accelerate
Stories You Might Like
Bernanke to Congress: You’re killing us
Obama heckled during national security speech
Japan’s Nikkei dives 7.3% in spectacular U-turn
Alisa Parenti has the opening indicators and earnings news for Sears and the Gap.
stocks are undervalued according to the experts who want your savings.
stocks are undervalued according to the experts who want your savings.
LOL… Awesome.
What Eisenhower built, Obama destroys. Forward
MOUNT VERNON, Wash. — An Interstate 5 bridge over a river north of Seattle collapsed Thursday evening, dumping vehicles and people into the water.
There was no immediate estimate of how many people were in the water or whether there were any injuries or deaths. Trooper Mark Francis said a portion of the four-lane bridge over the Skagit River collapsed about 7 p.m.
http://www.politico.com/story/2013/05/i-5-bridge-collapse-washington-skagit-river-91854.html?hp=l20
Goon-
It’s quite a stretch to describe the deterioration of a 58 year old bridge as an act of destruction by a sitting president.
from the article:
The bridge was built in 1955 and has a sufficiency rating of 57.4 out of 100, according to federal records. That is well below the statewide average rating of 80, according to an Associated Press analysis of federal data, but 759 bridges in the state have a lower sufficiency score.
According to a 2012 Skagit County Public Works Department report, 42 of the county’s 108 bridges are 50 years or older. The document says eight of the bridges are more than 70 years old and two are over 80.
2banana, MacBeth, Mr Smithers have the day off. We’re just substituting today.
Interesting comment.
Where’s Joe? You should have lumped Joe in with the three of us, since he and I agree quite often. He said so yesterday (and the thing is, I agree with his assessment. Funny that, since he and I are political “opponents”).
I guess my neocons = progressives comments irritate you.
Which are you? A neocon? A progressive?
Or is it my Housing = Government comments that bother you?
Or Supporters of Obama = Religious Fanatics?
Or (soon to be) Medicine = Government?
I haven’t yet stated that Banking = Government. I should, but I hadn’t thought of that until now.
Sometimes I miss the blatantly obvious.
How am I a political opponent to you? You support the GOP, I support neither party, despite formerly being a registered Republican. For the record, goon is currently registered as a GOP member for some reason.
I don’t think O is a great president, I don’t think we’ve had a great president since Eisenhower. And Eisenhower will never be considered a great president because his focus wasn’t on attention-grabbing things, but on administering the country. That said, the last several Republican nominations have shown me that they are not a worthy alternative to Obama. I mean, Mitt Romney proudly did things that I would do myself (IRA stuffing is one example) but be ashamed to admit/describe to people in my real life. Yet he was the GOP nominee, he flaunted that sh** and the proles ate it up.
Joe, did you not see the quotes above around the word “oppoent”?
We aren’t political opponents. I am not GOP either. I have never stated that I am.
I am very pro-individual, if you need to tag me with something.
Funny how so many people need to lump others into a political box.
Eisenhower was a decent president. Have you ever checked out Grover Cleveland?
“Eisenhower was a decent president.”
Roosevelt, Eisenhower and Morganthau were war criminals if one applied today’s standards.
The Morgenthau Plan for deliberate deindustrialization and starvation of Germany. Especially: document JCS 1067
http://en.wikipedia.org/wiki/Morgenthau_Plan#JCS_1067
LOL!
“…Funny how so many people need to lump others into a political box….”
**********
“…Which are you? A neocon? A progressive?
Supporters of Obama = Religious Fanatics?
Medicine = Government?
Banking = Government….”
goon exaggerates to make a point.
The Colbert Report Effect as it were.
That bridge would not have collapsed if Romney was in the White House.
Obama took all the money for bridge repairs and gave it to gay Boy Scouts.
You’ve become a parody of yourself.
Shhhhh. That’s the point, Bubba.
Well, to be fair, Obama did, in his first term, announce a “shovel ready” jobs program to rebuild America’s crumbling infrastructure. And then it sort of faded into history with Obama cracking jokes about how those projects he thought were “shovel ready”, weren’t.
The crumbling infrastructure is a sad commentary on the “kick the can down the road” operating basis of various presidents since Eisenhower. How much more exciting to spend that dough on war, war, war! Oh, and on millions of illegals who will further overburden said infrastructure.
You might say it’s part of the agenda to create and perpetuate the degradation of the Third World in the US.
this is what happens to infrastructure in america’s most ‘progressive’ city, which re-elected nancy pelosi last year with 85 percent of the vote:
http://www.sfgate.com/bayarea/article/Human-waste-shuts-down-BART-escalators-3735981.php
Dude, that new story is almost a year old. How many times you gonna post that? What’s with scatological obsession?
What’s with scatological obsession?
Goon is male I think. For most men, poops & farts are funny.
And for 8 year-olds, too.
And for 8 year-olds, too.
Bingo! At heart that’s what we are…that’s why women love us. May be not you, but that’s ok.
May be not you, but that’s ok.
It’s quite a stretch to describe the deterioration of a 58 year old bridge as an act of destruction by a sitting president.
Our infrastructure has been crumbling for decades.
Fact.
It seems to coincide with the completion of the Interstate project and the end of putting man on the moon.
Maintenance is not sexy. No politician wants to run on “I made sure your existing bridges didn’t fall down.” Building new roads and bridges with their ribbon cutting ceremonies make for good campaign commercials.
“It’s quite a stretch to describe the deterioration of a 58 year old bridge as an act of destruction by a sitting president. ”
Didn’t stop lib loons from blaming Bush when the bridge in MSP collapsed back in 2007.
It was a design error that caused the collapse:
The National Transportation Safety Board determines that the probable cause of the collapse of the I-35W bridge in Minneapolis, Minnesota, was the inadequate load capacity, due to a design error by Sverdrup & Parcel and Associates, Inc., of the gusset plates at the U10 nodes, which failed under a combination of (1) substantial increases in the weight of the bridge, which resulted from previous bridge modifications, and (2) the traffic and concentrated construction loads on the bridge on the day of the collapse. Contributing to the design error was the failure of Sverdrup & Parcel’s quality control procedures to ensure that the appropriate main truss gusset plate calculations were performed for the I-35W bridge and the inadequate design review by Federal and State transportation officials. Contributing to the accident was the generally accepted practice among Federal and State transportation officials of giving inadequate attention to gusset plates during inspections for conditions of distortion, such as bowing, and of excluding gusset plates in load rating analyses.
Before determining that the collapse of the I-35W bridge initiated with failure of the gusset plates at the U10 nodes, the Safety Board considered a number of potential explanations. The following factors were considered, but excluded, as being causal to the collapse: corrosion damage in gusset plates at the L11 nodes, fracture of a floor truss, preexisting cracking, temperature effects, and pier movement.
http://www.ntsb.gov/investigations/summary/HAR0803.htm
It was this collapse that started the “crumbling infrastructure” meme. The NTSB link states clearly the cause of the collapse was a design error, and specifically excludes corrosion as a cause.
The bridge collapsed because a trucker drove a too big truck over it and it hit a beam.
What happened to 700 bil stimulus? I thought they were fixing bridges.
Hey Bloomberg, the 2nd Amendment is NOT for sale
“New York City Mayor Michael Bloomberg’s gun-control group is following through with its pledge to air ads against Arkansas Sen. Mark Pryor, who Democrats see as one of their most vulnerable incumbents in a tough 2014 climate.
A source tracking media spending told POLITICO the group has bought $350,000 worth of broadcast and cable air time starting Friday and running through June 6, a crushing amount in a state where ad time is fairly cheap.
http://www.politico.com/story/2013/05/michael-bloomberg-guns-group-targets-mark-pryor-91857.html?hp=r1
I strongly suspect that political ads are pretty ineffective for pretty much everything except maybe trying to smear/build up a candidate who is almost entirely unknown to the people being targeted. Like when an obscure state senator (has only run in a very small area) is trying to run for governor. I may be projecting, because I mute all of them whether I agree with them or not. They just aren’t worth listening to.
How many billions did Rove spend in the last election? And all it got him was spoofed on SNL.
Political spending at least puts the money back into the economy.
Hey Bloomberg, the 2nd Amendment is NOT for sale
You’re wrong about that. America is a one big shopping mall. Everything is for sale.
“According to this study from the Department of Biology at North Carolina State University, households with a dog are crawling with much more varied, complicated types of bacteria than homes without pooches.
The findings were part of a bigger study exploring how the microbes found in homes affected health and well-being – and the results had me briefly questioning my choice of roomie.
“When you bring a dog into your house,” the study says, “you are not just bringing a dog, you are also introducing a suite of dog-associated taxa directly into your home environment, some of which may have direct or indirect effects on human health.”
http://www.theglobeandmail.com/life/the-hot-button/you-dirty-dirty-dog-homes-with-canines-swarming-with-bacteria/article12111344/
Dogs are dirty? No way!
Shocking, right?
Who knew?!
The Muslims, apparently.
households with a dog are crawling with much more varied, complicated types of bacteria than homes without pooches.
That might be true, but it also doesn’t mean that it is a bad thing.
There is some good evidence that kids who are raised in an environment that is _too_ clean may have immune systems that are not as strong as those exposed to a “normal” array of flora/fauna.
The Hygiene Hypothesis. I believe it’s also one hypothesis about the origins of asthma and common allergies.
Hygiene Hypothesis
Yup. And the epidemiological data seems to support it fairly well. It’s also a possible explanation for many auto-immune diseases.
Is there any age at which exposure to dogs and their taxa is most effective at preventing asthma and allergies? Does it have to be in the first year of life or can it be later in childhood?
Are cats or gerbils as effective as dogs?
Are other factors associated with dog ownership more influential - suburban or rural living versus urban living?
So many questions, so little time.
Tons of research has been done recently about the health benefit of having a dog.
Live Like Royalty: The Many Health Benefits of Dogs, Man’s Best Friend
households with a dog are crawling with much more varied, complicated types of bacteria than homes without pooches.
Interestingly enough, it turns out that our war against germs and dirt and bacteria is deleterious to our health:
Some of My Best Friends Are Germs
Longish article, but well worth the read.
How the 0.1% live in Aspen
http://www.huffingtonpost.com/2013/05/23/top-10-most-expensive-hom_4_n_3327756.html
“When you’ve got it, flaunt it!”
- Marie Antoinette 1792
I wonder how big of a staff it takes to keep those houses in shape?
And those staff certainly can’t afford to live in Aspen. Ever driven between Aspen and Carbondale during AM/PM rush hour? It’s quite the wagon train of Nuevos Americanos driving their 20 year old luckyduckmobiles back to their Carbondale trailer park.
Disgusting.
I have a friend who used to work at the Aspen music festival. He was doing some work on a piano in one of those $20 million plus places up in Starwood, and had the temerity to ask the bimbo trophy wife lady of the house a question about the instrument. She gave him an icy stare, turned to one of her attendants/servants/whatever, and said “Paco, see what he wants.” Apparently one does not speak directly to members of the .1 percent, who only recognize two classes of people—servants and peers.
Ah, the Leona Helmsley syndrome.
Obviously she plays a different instrument.
The one commonly know in Mexico a “La flauta”?
I wonder how she would have responded to, “listen, bitch, I was talking to you?”
Heh. Reminds me of this scene from Fight Club.
That’s hysterical, talon. She sounds about as nouveau as they come. He should have tuned her instrument to an 87 cycle tone. Ping.
http://www.drudgereport.com/
VIDEO: Schumer, Franken scurry from questions about IRS scandal …
http://www.youtube.com/watch?v=LRVrx83ufBI - - Cached - Similar pages
15 hours ago
Obama Orders Holder To Investigate Himself
Obama Orders DOJ Review of Leak Investigations
May 23, 2013 5:12pm
President Obama is a little uneasy with the way journalists have been dragged into the Justice Department’s aggressive pursuit of national security leak investigations. In fact, he has ordered Attorney General Eric Holder to conduct a 45-day review of the department’s guidelines on the issue.
That bit of news was buried in the middle of the president’s hourlong speech today at National Defense University.
“Journalists should not be at legal risk for doing their jobs,” President Obama said. “Our focus must be on those who break the law.”
And then the news: “I have raised these issues with the attorney general, who shares my concern. So he has agreed to review existing Department of Justice guidelines governing investigations that involve reporters, and will convene a group of media organizations to hear their concerns as part of that review. And I have directed the attorney general to report back to me by July 12th.”
http://abcnews.go.com/blogs/politics/2013/05/obama-orders-doj-review-of-leak-investigations/ - - Cached - Similar pages
“he has ordered Attorney General Eric Holder to conduct a 45-day review of the department’s guidelines on the issue.”
Not only does Holder have the most annoying. mustache. ever., but his face looks like his noggin got caught in a sash window.
Racis
Oops, I said “noggin”.
Seriously, though, I once posted some comments on a fansite (don’t ask, I had a drop too much) comparing someone to a fire and brimstone preacher from America’s past called Cotton Mather.
Well. The pathetically sub-literate, indoctrinated youths on the site immediately seized on the word “Cotton” and started foaming at the mouth and gnawing on the rug about racism. A real feeding frenzy. Made the blister sisters look tame. When I finally was able to get a word in edgewise and post a Wikipedia link to information on Cotton Mather, do you think I got an apology for the misinterpretation? Nah! Instead, I got comments about how I shouldn’t post things that could be misinterpreted like that.
Pardon ME for thinking the sub-lits might have been taught about Cotton Mather in high school American history.
This is what happens when your media is dominated by coastal elitist, bedwetter libtards:
http://en.m.wikipedia.org/wiki/Controversies_about_the_word_%22niggardly%22
It’s interesting that such a page exists on Wikipedia. I can still remember when that first incident was in the news. It’s hard to imagine that it was 14 years ago. Time flies.
I remember that my first my first reaction was that the offended people just needed to consult a dictionary and that would help them calm down.
Later on I started to wonder if the guy if was acting like some mischievous little boy, using a word that sounds like an offensive word, but has nothing to do with it. Niggardly is one of those words you learn in high school so that you know it means if you happen to come across it. Who actually uses it in conversation?
Who actually uses it in conversation?
Funny you should mention that; a coworker of mine used “niggling little details” only yesterday at work.
I briefly wondered whether to counsel her privately that some people might be offended (incorrectly) by it, in case she was not aware. Then I didn’t.
Aragorn son of Aragorn of the House of Elessar Telcontar, Heir of Isildur Son of Elendil, Keeper of the Shards of Narsil and Wielder of the Blade Reforged Anew, descended from Elros First King of Nume… o screw it.
That sounds plausible, but what about niggardly? Do you ever use that in conversation?
Niggardly
Me?? No. Because people are stupid.
I thought Aragorn was white.
Ordering Holder to review departmental guidelines is not the same thing as ordering Holder to investigate himself.
What can be said about housing? Houses are depreciating assets year after year until they end up right back in the ground right where they came from. Thus it is wise to limit your exposure to anything related to housing unless you want to be in enslaved to losses from which you will not recover. Current asking prices of resale housing are massively inflated far far above replacement cost.
The increasingly distorted residential real estate market will result in a much larger implosion than anyone imagined. Being locked in to the housing market is something you’re going to regret.
suzanne researched it
http://www.youtube.com/watch?v=hPIxrzmatq0
What if I’m in the ground before my house is? Do I win?
Have no doubt in your mind Junkie….. your house is already coming down around you and you don’t even know it.
Of the 1%, by the 1%, for the 1%
“Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves…
http://dealbook.nytimes.com/2013/05/23/banks-lobbyists-help-in-drafting-financial-bills/
Nothing unusual there.
They’ve been doing that for decades. It’s how we ended up with the Savings & Loan disaster.
As well as other fun deregulation that screwed everyone but the corporations.
Thank God Obama has ordered Holder to investigate all of this.
Fox anchor: Justice Department seized phone records for reporter James Rosen’s parents
Fox News anchor Bret Baier says that in addition to seizing the phone records of Fox reporter James Rosen, the Department of Justice seized the records of his parents as well in another twist to the still-unraveling saga.
“We said the different numbers; we have the documents now, the seized … records relate to James’ parents’ home in Staten Island,” he said on “Special Report with Bret Baier.”
CBS News reporter Sheryl Attkisson, who has writing frequently on the botched “Fast and Furious” gunrunning scheme, told a Philadelphia radio station Tuesday that her personal and work computers have been “compromised,” and that there “could be some relationship” between that and what happened with Mr. Rosen and the AP.
“To our knowledge, the Justice Department has never ‘compromised’ Ms. Atkisson’s computers, or otherwise sought any information from or concerning any telephone, computer or other media device she may own or use,” Dean Boyd, a Justice Department spokesman told Politico Tuesday night.
http://www.washingtontimes.com/news/2013/may/22/fox-anchor-justice-department-seized-phone-records/?utm_source=RSS_Feed&utm_medium=RSS - 99k -
Holder OK’d search warrant for Fox News reporter’s private emails, official says
Michael Isikoff
NBC
May 23, 2013
Attorney General Eric Holder signed off on a controversial search warrant that identified Fox News reporter James Rosen as a “possible co-conspirator” in violations of the Espionage Act and authorized seizure of his private emails, a law enforcement official told NBC News on Thursday.
The disclosure of the attorney general’s role came as President Barack Obama, in a major speech on his counterterrorism policy, said Holder had agreed to review Justice Department guidelines governing investigations that involve journalists.
“I am troubled by the possibility that leak investigations may chill the investigative journalism that holds government accountable,” Obama said. “Journalists should not be at legal risk for doing their jobs.”
http://www.infowars.com/holder-okd-search-warrant-for-fox-news-reporters-private-emails-official-says/ - -
I just want to be clear here….you fine folks do understand that Drudge is a news aggregate and does not write it’s own stories? Drudge is very rarely the actual source of an article that someone read through a Drudge link. If you are going to play the “dodge the issue by mocking the source” game, you are missing the target when you aim your mockery at Drudge.
Now some of the sources Drudge links to are certainly questionable, but others are the same main stream sources the rest of you often end up quoting.
True. You must also know that lately most of his links are to washtimes, breitbart, wnd, etc. I don’t disparage these sources all. Just like MSM, these sources have their own agendas.
“Just like MSM, these sources have their own agendas.”
They do?
Top Obama official’s brother is president of CBS News, may drop reporter over Benghazi coverage
5:15 AM 05/11/2013
The brother of a top Obama administration official is also the president of CBS News, and the network may be days away from dropping one of its top investigative reporters for covering the administration’s scandals too aggressively.
CBS News executives have reportedly expressed frustration with their own reporter, Sharyl Attkisson, who has steadily covered the Obama administration’s handling of the Benghazi terrorist attack in Libya since late last year.
“Network sources” told Politico Wednesday that CBS executives feel Attkisson’s Benghazi coverage is bordering on advocacy, and Attkisson “can’t get some of her stories on the air.”
http://dailycaller.com/2013/05/11/top-obama-officials-brother-is-president-of-cbs-news-may-drop-reporter-over-benghazi-coverage/ - 79k -
” is bordering on advocacy”
are these people for real? the president of the company has a brother that works in the administration and this chick is bordering on advocacy?
i like going to drudge…and the huffington post…and npr…bbc…and hell…even al jazeera.
i’m not a close minded idiot like most.
al jazeera and rt are the best new sources in ussa.
Agreed. I like both.
What is “rt?”
+1.
The “r” in “rt” stands for Russia. Put a dot com on the end of it to check out the site.
“i’m not a close minded idiot like most.”
How big of you to admit that. You are my fuqing hero. I hope all you close minded idiots have learned something here today from michael. Now go and be a close minded idiot no more.
touched a nerve there…which are you…a fox newser or an MSNBCer?
“which are you…a fox newser or an MSNBCer?”
I`m just not a “Better” like you and Michael Bloomberg. You obviously know better than others and those who don’t see it your way are a “close minded idiot”.
According to sociologist Hadley Cantril in his 1967 book, The Human Dimension – Experiences in Policy Research:
Government “Psycho-political operations are propaganda campaigns designed to create perpetual tension and to manipulate different groups of people to accept the particular climate of opinion the CFR seeks to achieve in the world.”
Former CBS News president Richard Salant (1961 – 64 and 1966 – 79) explained the major media’s role: “Our job is to give people not what they want, but what we decide they ought to have.”
Canadian writer Ken Adachi (1929 – 1989)
“What most Americans believe to be ‘Public Opinion’ is in reality carefully crafted and scripted propaganda designed to elicit a desired behavioral response from the public.”
http://www.globalresearch.ca/the-true-story-of-the-bilderberg-group-and-what-they-may-be-planning-now/13808 - - Cached - Similar pages
May 15, 2013
But you will only get the “Truth” from me. All those other sources are just Obama lapdogs. I will teach you how bad a president Obama is. I will teach you that global warming isn’t real. I will teach you that America’s foreign policy interests are best decided by AIPAC and the Israeli Knesset.
Is that you Al Gore?
“I will teach you how bad a president Obama is.”
He’s not such a bad guy, he just reads the teleprompter. But that Valerie Jarrett is really doing a number on this country.
I go to drudge and other conservative sites too. You get a mixture of legitimate thoughts and commentary, but an objective person can also identify the “stories” that are most likely to be parroted by 2Ban later in the day.
Drudge is owned by Koch and Haliburton. It’s true. I read this on DailyKos which is like totally truth to power and stuff.
http://memeorandum.com/
^This is way better than Drudge/HuffPo/MSM
Breitbart - known and proven liar. Now dead from his own hate.
Mentored by, wait for it, wait for it, none other than Drudge himself.
I understand that Breitbart was questioning IRS dealings with right wing groups before he died…sometimes when you’re paranoid, they actually ARE out to get you.
“sometimes when you’re paranoid, they actually ARE out to get you.”
That kid who knew the “Boston bomber” didn’t want to meet with the FBI again last week, he was paranoid then and he’s dead now.
the experts are saying stocks are cheap after a 100% run up.Who are you to believe?
my financial advisor referenced some economist’s presenation stating that the long term trend of the market is stocks trading at 16 PE…and that now they are at an average 15 PE…and that the trend for a low interest rate envrionement as we have now is around a 17 PE. the conclusion is that stocks still have a ways to go. he said when the market crashed in 2008 the average PE was around 8.
i asked “where the heck was this chart then”?
average PE of 8?
A PE of 8 would indicate a fairly undervalued scenario.
I think he is confused. Was he thinking 80? a higher PE indicates an overvalued scenario.
Do PE’s really matter when everyone is trading off the printing press?
Seems like stocks are pricing in this extremely bullish economy.
And when that occurs its time to sell the market off again and start over.
i think he meant after the crash it was 8.
i think he meant after the crash it was 8.
FALSE.
The markets _should_ have returned to the typical cyclical lows of 6-8. However, they did NOT.
multipl dot com has a good chart showing the historical range.
Note that they returned to something closer to the median; in other words, the manipulated valuations did not even price in the financial crisis.
Do PE’s really matter when everyone is trading off the printing press?
Good point. Thanks for making it.
SHLD laid another egg today. The internet is really taking a bite out of brick and mortar sales and profits.
Our differences only make us stronger!
http://m.guardiannews.com/world/2013/may/24/stockholm-rioting-continues-fifth-night
I always marvel at how the poor will destroy their own neighborhoods to protest being poor.
And they wonder why the PTB have no respect for them.
I always marvel at how the poor will destroy their own neighborhoods to protest being poor.
Kind of like a guy putting his fist through a wall while others watch. Kind of stupid, but it gets the point across.
The PTB may have no respect for them as individuals, but they do seem to notice that it’s time to throw a bone or two to keep them from coming into the house.
I always marvel at how the poor will destroy their own neighborhoods to protest being poor.
———————————————-
I used to wonder about this too until I found out the poor do not OWN anything in the neighborhoods they live in; ergo, they ain’t burnin down their own neighborhoods.
Come on, you white people already knew this. Please stop with the drunken clown routine.
(((shakin my head)))
Psst, don’t tell anyone, but I used to live in those neighborhoods and even though I barely owned my bicycle, I sure as hell didn’t want someone stealing it so I couldn’t get to work and burning down the local store so I couldn’t eat.
And contrary to popular belief, the PTB really don’t give a crap until you go to their neighborhoods. Think OWS.
“And contrary to popular belief, the PTB really don’t give a crap until you go to their neighborhoods. Think OWS.”
The OWS lived in “their” neighborhoods, or at least grew up there. OWS was upper middle class bored college kids and almost entirely white.
Thank you, spook. Sheesh.
someone here (i think it was Pbear…aka wack a bubble) posted an article some time back about private public partnerships…was wanting to send it to someone but can’t find it…do you remember where you found it?
Obama-Romney partnership?
DumboCrat-Retardican Duplicity PartnerSpaceShip?
Private profit, public losses.
“Household Income 155k but broke”
http://www.dcurbanmom.com/jforum/posts/list/307359.page
LOL, you need to read this forum post to see the way some people think…
We read the Washington Post piece a few weeks ago about “Mr Money Mustache” and then read some of his blog entries and the reader forum posts. They noted that DCUM was rather vicious in their response to MMM, so we browsed some of the DCUM forums. How depressing…
DC sounds like a horrible place to live/work.
DC is depressing. So glad to walk down Mass. Ave. and take the train back to Camden Yards everyday. NYC seemed amazing when I lived there, but I was younger then and had no interest in buying a house or owning anything (even a car) back then. Hard to say whether I changed over the last 5 years or if DC really does just suck compared to NYC.
2 biggest expenses: kids and mortgage and can’t get rid of either.
Yeah, there is that. Murder and arson are still illegal.
Burn down the house isn’t the only way to get rid of it. Sounds like they bought recently and way overstretched. But they could still acknowledge their mistake and sell it.
Murder and arson are still illegal.
+1 Indeed. Both irreversible too.
LOL, you need to read this forum post to see the way some people think…
I don’t have to read this forum—I had a similar conversation with a sibling only a week ago.
I tried to lead them through the exercise of how much money they had earned in the last N years (ALOT[sic]), and how much remained to show for it (very little). The answer was “life is expensive”—e.g. the lesson did not seem to resonate.
Oh well… Horse, water, etc.
Well, nobody thinks they should have to reduce their standard of living. Either stuff should get cheaper or somebody should pay them more.
Both.
Either stuff should get cheaper or somebody should pay them more.
Precisely. They seem to think they just need to find a cheaper cell-plan or somesuch.
I see most of our Freddy/Fannie/MBA and NAR attorneys and PR hacks took a 4 day weekend.
your ticket to prosperity in america is a house.You simply cant lose. If prices fall you get free rent until the market comes back and enables the banks to sell at a profit. If prices go up you get to take out some equity and support GM.
Arizona Slim’s Neighborhood Flipping Update: Looks like they’re having to drop the price. I guess people aren’t clamoring to live amidst run-down rental houses and rowdy student apartment complexes.
BTW, I know someone who bought another $200k-plus house on this street. That was back in ‘05, and she’s a trust fund puppy.
I think she bought the place, thinking that the nabe would gentrify. It still hasn’t.
Good remodeling job, bad area. And land is probably rather plentiful in Tucson once you move away from the U of A… no need to resign yourself to a bad area.
Good remodeling job, bad area.
Precisely. And the trust fund puppy’s house is also in the midst of a bad area.
Doctor Who Did 1,200 Abortions….
What? I thought that was a TV show….
“LONDON — Even the most fervent supporters of the European Union would acknowledge that its bureaucrats occasionally display an unrivaled talent for shooting themselves in the foot. At a time of declining public enthusiasm for the pan-European project, Brussels has set aside time from tackling a chronic economic crisis to confront the pressing issue of how olive oil is served in the Continent’s restaurants.
In a move that has been seized upon by so-called Euroskeptics as further proof of mindless interference by a faceless bureaucracy, the European Commission has announced a ban on offering olive oil in dipping bowls and refillable jugs. From Jan. 1 next year, restaurants will only be allowed to provide the product in sealed, clearly labeled, and non-reusable containers.”
Don’t laugh. This kind of stupidity is coming to America as well. There is a bill pending in NY State that will regulate where people can and cannot wear bowling shoes. It’s universal. The more power the govt is allowed to have, the more control it will have over its citizens lives.
Where are they not allowed to wear bowling shoes?
WRGZ — With all the corruption in Albany, one of your representatives is instead focusing efforts on something many of you like to do, bowl.
New York State Senator Patrick Gallivan (R-59th District) New York State Assemblyman Robin Schimminger (D-140th District) are sponsoring a bill that would cover bowling shoes. The bill in the assembly is co-sponsored by Assembly members Brian Kolb, Crystal Peoples-Stokes and Jane Corwin.
It would require alley owners to post signs, warning keglers not to wear bowling shoes outside, lest they become wet and increase the likelihood that a bowler could slip and fall when they come inside
They’re slippery for sure.
Regulate!