November 9, 2013

Bits Bucket for November 9, 2013

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




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Comment by Blackhawk
Comment by Strawberrypicker
2013-11-09 08:31:54

If you promise a chicken in every pot, you better put them in at least 1/2 of the empty pots.

He didn’t build that!

 
Comment by Whac-A-Bubble™
2013-11-09 08:49:52

Obama threatens GOP with executive orders on ‘drawer full’ of ideas
By Ben Wolfgang
The Washington Times
Saturday, November 9, 2013

President Barack Obama rests his foot on the Resolute Desk during a call with British Prime Minister David Cameron in the Oval Office, Dec. 21, 2010. (Official White House Photo by Pete Souza)President Barack Obama rests his foot on the Resolute Desk during a call with British Prime Minister David Cameron in the Oval Office, Dec. 21, 2010. (Official White House Photo by Pete Souza)

President Obama on Friday night continued throwing his entire second-term agenda against the wall to see what sticks, challenging Republicans to join him and support more federal spending, pass immigration reform and tackle other challenges.

But should the GOP stand in the way, the president indicated he’s willing to use executive orders to accomplish his aims.

“What we’ve seen over the last several years is a constant ratcheting up of partisanship that prevents us from moving forward on things that I think most people would say aren’t Democrat or Republican ideas. They’re just good, common-sense American ideas,” Mr. Obama said at a Democratic party fundraiser in Miami. “Energy independence is one of them. Making sure that we’re investing in the best schools, so that our children can compete in this new global economy; rebuilding our infrastructure, not just our energy infrastructure, but our ports and our roads and our bridges and our air traffic control systems, so that we stay on the cutting edge; making sure we’re investing in research and development … We have a whole drawer full of good ideas. And some of them I can do on my own, administratively.”

 
Comment by Strawberrypicker
2013-11-09 09:02:19

What new talking points to try to blame this disaster on the republicans will be tried today?

My guess is that it will be, those evil insurance companies, they don’t need to cancel all those policies, it is their fault not ours. They are controlled by repulicans and they are doing this to sabotage the program.

At least the fact that they are trying to cast blame shows some acknowledgement that it is a disaster.

Comment by RioAmericanInBrasil
2013-11-09 09:55:25

What new talking points to try to blame this disaster on the republicans will be tried today?

Who cares? You can’t stop this train.

that it is a disaster.

For the far right.

Comment by Housing Analyst
2013-11-09 10:24:57

Brazilian Tranny!

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Comment by RioAmericanInBrasil
2013-11-09 10:36:28

Brazilian Tranny!

Calm down and think. What part do you like about transsexuals HA?

 
Comment by Housing Analyst
2013-11-09 10:58:41

But Tranny….. You promised to ignore me.

No intestinal fortitude…. typical tranny.

 
Comment by RioAmericanInBrasil
2013-11-09 11:10:09

But Tranny….. You promised to ignore me.

Wrong. I reserved the right to address you if you tried to insult me or addressed me.

Can’t you read, too busy thinking about transsexuals or are u dumb?

 
Comment by tj
2013-11-09 11:15:43

Can’t you read, too busy thinking about transsexuals or are u dumb?

where did he mention transsexuals? all the talk was about brazilian transmission work. it was shortened to ‘tranny’.

it seems you’re the one with transsexuals on the brain.

 
Comment by Strawberrypicker
2013-11-09 11:18:09

Nice trap HA. Professional!

 
Comment by RioAmericanInBrasil
2013-11-09 11:18:54

transsexuals on the brain.

Be true to your self tj. Is that why you seem so angry and confused tj? Not happy about your sex life? You lit up like a firefly about Brazilian trannys. Go for it if that’s what you want but you don’t need to project.

 
Comment by RioAmericanInBrasil
2013-11-09 11:20:55

Nice trap HA. Professional!

Trap? What trap. Go read the deal - look up the words in a dictionary.

As I’ve implied Strawberrypicker, you have the comprehension level of a child or you have a 90 IQ.

 
Comment by tj
2013-11-09 11:24:58

Not happy about your sex life?

jeez, that was really low. now you’ve went and really hurt my feelings. are you available?

 
Comment by Housing Analyst
2013-11-09 12:47:12

I told you guys I owned a Brazilian Tranny.

 
Comment by RioAmericanInBrasil
2013-11-09 12:58:49

I owned a Brazilian Tranny

That’s not like you HA.

I would have thought you’d have rented your Brazilian Tranny for “a fraction of the cost”.

 
Comment by Albuquerquedan
2013-11-09 13:36:52

As I’ve implied Strawberrypicker, you have the comprehension level of a child or you have a 90 IQ.

That would be 3 points above the average IQ in Brazil.

 
Comment by Housing Analyst
2013-11-09 14:19:38

Brazilian Tranny,

Your head, just like your wild claims… is empty.

 
Comment by Sally
2013-11-10 02:13:16

All of you are pathetic. Grow up.

 
Comment by Housing Analyst
2013-11-10 08:00:10

Ok Big Sally.

 
 
Comment by tj
2013-11-09 10:29:48

Who cares? You can’t stop this train.

you’re right comrade. we can’t stop this tyranny. makes you feel good, doesn’t it? i still say you’re going to feel a little embarrassed for supporting these tyrants when they line you up against the wall.. you won’t believe that it really could be happening.

[disaster] For the far right.

for you too comrade. you just don’t know it yet.

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Comment by Strawberrypicker
2013-11-09 11:10:49

Is it any coincidence that a judge in Brazil ordered Google to turn over its street view camera data after BT claims to have shown up on a street cam? The jackboots are coming for you, knock, knock.

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Comment by RioAmericanInBrasil
2013-11-09 11:16:15

Is it any coincidence that a judge in Brazil ordered Google to turn over its street view camera data after BT claims to have shown up on a street cam?

Your meds are wrong.

 
Comment by tj
2013-11-09 11:22:27

The jackboots are coming for you, knock, knock.

by the time he realizes it, it will be too late. he’s going to be very embarrassed.

 
Comment by RioAmericanInBrasil
2013-11-09 12:04:34

The jackboots are coming for you, knock, knock.

“he’s going to be very embarrassed”

Really? Embarrassed? If jackboots busted down my door, took me away to be jackbooted I’d be “very embarrassed”? As with many of your posts tj, that reveals your fundamental disconnect with reality. What planet are you from?

If jackboots came for me, the last thing I’d be worried about is being “very embarrassed“.

 
Comment by tj
2013-11-09 12:13:42

If jackboots came for me, the last thing I’d be worried about is being “very embarrassed“.

trust me, just before they pulled the trigger you’d feel pretty embarrassed that you’d been supporting them.

 
Comment by RioAmericanInBrasil
2013-11-09 12:16:17

just before they pulled the trigger you’d feel pretty embarrassed that you’d been supporting them.

Yea. I might pi$$ my pants in “embarrassment“.

Good grief.

 
Comment by tj
2013-11-09 12:25:27

Yea. I might pi$$ my pants in “embarrassment“.

no, that will be in fear. you won’t expect the embarrassment, but it will be there.

 
Comment by RioAmericanInBrasil
2013-11-09 12:34:04

you won’t expect the embarrassment, but it will be there.

I’ve had guns pulled on me twice in my life. (I was so embarrassed.)

Good grief.

 
Comment by tj
2013-11-09 12:42:18

I’ve had guns pulled on me twice in my life. (I was so embarrassed.)

Good grief.

a true simpleton’s assessment. it not having the guns pulled on you that’s the embarrassment, it’s who’s pulling the guns. you didn’t support the guys who actually pulled guns on you, did you? you didn’t vote for them, correct?

but you will have voted for or supported in other ways, the guys who will line you up against the wall. that’s where the embarrassment will come from.

 
Comment by RioAmericanInBrasil
2013-11-09 12:54:55

that’s where the embarrassment will come from

Read your posts, that’s where the embarrassment will come from. If you don’t died of boredom first.

 
Comment by tj
2013-11-09 14:28:19

Read your posts, that’s where the embarrassment will come from. If you don’t died of boredom first.

you still don’t get it, do you?

your embarrassment will come from participating in your own demise.

i can even tell you when it will come.

it will come shortly after you are celebrating your greatest victory. the conservatives will have been carted away to ‘re-education camps’. you will have no opposition in your new socialist nirvana.

now you can look forward to your ‘chicken in every pot’ promises being fulfilled. except that they won’t be. they never are.

and now you will have gone from being useful idiots to being useless idiots. useless because the conservative enemy has been vanquished. but since the elite you’ve put in power know that they can’t keep their promise to you, you turn from useless idiots, to liabilities. it won’t matter if you don’t care that the promises aren’t kept. the elite won’t be able to trust you. they can’t know you won’t turn on them for the broken promises.

so it will probably go down like it did in argentina. if only you need to die, they’ll kick down your door, shoot your dog and haul you off in the night never to be heard from again. if your family needs to die, they’ll just kill all of you in your home one night. it will be the great purge. and you will be a ’subversive’ whether you like it or not.

watch ‘house of spirits’ if you want to see your future. see if you can figure out what’s happening and who to trust when it all comes tumbling down.

i hope you live long enough to feel the embarrassment. you deserve it. good luck comrade.

 
Comment by RioAmericanInBrasil
2013-11-09 14:44:39

…the conservatives will have been carted away to ‘re-education camps’. ..they’ll kick down your door, shoot your dog …if your family needs to die, they’ll just kill all of you in your home one night…

Dude….really….

http://www.youtube.com/watch?v=ny7uGEPgoXk

 
 
Comment by Al Jazeera
2013-11-09 11:25:50

–> “Who cares? You can’t stop this train.”

Indeed! One person has signed up in the entire state of North Carolina. Five people in Washington D.C. have signed up. It will be very entertaining to see the stats for the other U.S. states.

52 million are getting kicked out of their existing insurance plans. Meanwhile is a recent pole only 18% of the ~30 million existing uninsured (roughly ~5 million) said they plan on applying for Obamacare. The reset have no interest.

Maybe you meant to say “You can’t stop this train wreck.”

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Comment by RioAmericanInBrasil
2013-11-09 11:40:38

Maybe you meant to say “You can’t stop this train wreck.”

No, I meant “you can’t stop this train”.

The whole deal has changed. The argument has gone from “should we have “universal” health-care” to “how are we going to implement it”.

A “train wreck” imo, will not change the fundamental changing of the argument.

 
Comment by Al Jazeera
2013-11-09 11:57:57

—> The whole deal has changed. The argument has gone from “should we have “universal” health-care” to “how are we going to implement it”.

Good, so RioAmericanInBrasil you are a U.S. citizen? If so you are going to sign up for Obamacare or pay the fine on your 2014 U.S. tax return? Assuming you are a U.S. citizen you do have to file a U.S. tax return in 2014, no? And you are still subject to the fine unless you have purchased a qualifying plan even if you don’t reside here, no?

In other words are you eating your own cooking? Or is Obamacare not good enough for you personally.

 
Comment by RioAmericanInBrasil
2013-11-09 12:11:28

In other words are you eating your own cooking? Or is Obamacare not good enough for you personally.

Personally, Obamcare rocks! Let me tell ya why:

I live in Brazil where I have health-care. I’m healthy. (knock on wood) But I’m not getting younger and lets say I got some disease down here in Brazil and maybe had a couple months to live without treatment or many years to live with treatment.

Before ACA I would be stuck to live or die in Brazil, away from family and friends because no one would cover me in the USA because of a pre-existing condition.

Now I would be free to return to the USA, receive health-care and live and die in my own country with my own people.

You guys don’t understand the way lack of coverage affects sick people and their friends and families. It’s actually mind-boggling-the lack of understanding and care. It’s actually uncivilized.

 
Comment by Al Jazeera
2013-11-09 12:25:51

You didn’t answer the question, will be be signing up for Obamacare or paying the fine?

It sounds to me like you don’t want to eat your own cooking sir.

What I read you saying is that you want to game the system and not pay into the kitty like an honest citizen. You want to not pay into Obamacare until you have some catastrophic illness and then at the last minute you will buy a policy and drop the expense on everyone else that has paid their fair share into the insurance pool all these years. Is that correct? Or am I misunderstanding you?

 
Comment by Al Jazeera
2013-11-09 12:31:45

—> It’s actually uncivilized.

What we are seeing here is the wholesale mining of the treasure of civilization. It requires decades of hard work and education for a civilization to grow and harvest wealth like a good farmer. It takes no time for socialism to strip mine that wealth out of existence. Good husbandry breads civilization and strip mining destroys civilization.

 
Comment by RioAmericanInBrasil
2013-11-09 12:49:59

You didn’t answer the question, will be be signing up for Obamacare or paying the fine?

My taxes and income are none of your business but
of course I will comply with the law.

What I read you saying is that you want to game the system and not pay into the kitty like an honest citizen.

You can’t “game the system” if you pay all of your taxes and comply with every measure of the law.

How can you “game the system” if you are honestly following every rule of the system and not avoiding one rule of the system?

I paid in the hundreds of thousands of dollars to American private health insurance companies for me, mine and my employees over the years. After paying in the hundreds of thousands of dollars, we probably all used a small fraction those payments in health-care. Did the private health insurers “game the system”?

 
Comment by Housing Analyst
2013-11-09 12:59:03

Tranny…. you talk like a man with a paper a$$hole.

 
Comment by RioAmericanInBrasil
2013-11-09 13:00:45

Good husbandry is what the far right mislabels as “socialism”.

 
Comment by Al Jazeera
2013-11-09 13:02:57

Interesting. I wonder what everyone else here thinks of the fact that you are going to game the very system you espouse. Your plan is to only sign up for Obamacare *after* you are diagnosed with a very expensive illness. Until that time you don’t plan on signing up and paying your fair share. Paying for the care - that is for other people, but not for you. But receiving the benefit for Obamacare - you are first in line. Heads you win, tails everyone else loses.

I would posit that this isn’t civilized, this is strip mining civilization.

 
Comment by RioAmericanInBrasil
2013-11-09 13:09:12

Until that time you don’t plan on signing up and paying your fair share.

How can I not be paying my “fair share” if I am complying with the law? You have no idea how much scratch I make.

 
Comment by Skroodle
2013-11-09 15:59:13

Citizens living in a foreign country are not required to do anything under Obamacare.

 
Comment by United States of Crooked Politicians and Bankers
2013-11-09 16:03:17

“You have no idea how much scratch I make.”

I’d imagine a Brazilian Tranny has quite long fingernails, so I’m going with “alot”[sic].

 
 
 
Comment by Skroodle
2013-11-09 10:29:16

Yeah the real winners are the insurance companies.

They have no choice but to cancel plans and raise rates to insure their CEOs bonuses are not effected.

Comment by Blackhawk
2013-11-09 10:51:46

Millions of insurance policies are being “non renewed” and only a dozen new ones written. That’s not how insurance companies make money besides they’re only being used as tax collectors by the state.

Maybe single payer is right around the corner. Rather diabolical IMO.

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Comment by RioAmericanInBrasil
2013-11-09 11:00:58

Maybe single payer is right around the corner. Rather diabolical IMO.

I doubt it but if so, it will go down as the Republican Party’s greatest defeat in almost 80 years. And a defeat that Repubs brought upon themselves by not negotiating in good-faith 4 years ago on the ACA.

The Repubs should watch and have watched “A Bridge Too Far”.

Idiots.

 
Comment by steadykat
2013-11-09 11:06:45

“Maybe single payer is right around the corner”.

You think?
http://www.youtube.com/watch?v=o6D3JuV3TGg

 
Comment by Strawberrypicker
2013-11-09 11:15:49

The biggest defeat in almost 80 years was OBAMACARE? His legacy? His signature landmark legislation passed on a party line vote? Where they shut down the government to stop that train wreck?

Men plan, God laughs.

 
Comment by RioAmericanInBrasil
2013-11-09 11:26:33

The biggest defeat in almost 80 years was OBAMACARE?

As I’ve implied many times Strawberrypicker, you have the comprehension level of a child. Re-read the posts in sequence. Here, let me explain it as to a child:

1. Blackhawk mused that “Maybe single payer is right around the corner”.

(Are you still with me?)

2. I replied: “I doubt it but if so, it will go down as the Republican Party’s greatest defeat in almost 80 years.”

(Now here’s where it gets tricky for a child’s comprehension. Concentrate. )

“it” was referring to the USA going to single-payer, not Obamacare. If you still don’t get it, ask you mother.

 
Comment by Strawberrypicker
2013-11-09 12:50:27

You’re so easy.

Funny how now you are calling me a child. Wonder where you got that from?

I think I see you on the streetcam now. Still wearing that same green shirt.

 
Comment by RioAmericanInBrasil
2013-11-09 13:06:16

Funny how now you are calling me a child.

Because you have the comprehension level of a child Strawberrypicker.

I illustrated it again above.

I think I see you on the streetcam now.

Give Ben’s blog $500 right now and I’ll stand in front of a Rio streetcam wearing any color shirt you want. And I’ll wave an umbrella and there’s no rain. Put up or shut up kiddo.

 
Comment by Strawberrypicker
2013-11-09 15:30:34

I don’t need to put up any money. Google’s mobile streetcams driver right by your house. I can see you coming up the stairs from the basement with an empty plate getting ready to ask mom for more hot pockets.

 
Comment by Strawberrypicker
2013-11-09 15:55:30

And where’s my skeleton gunfight story?

 
Comment by RioAmericanInBrasil
2013-11-09 16:19:54

And where’s my skeleton gunfight story?

You’re assuming I care what you think.

BTW when I saw my ladyfriend’s dad’s skull I didn’t get “very embarrassed”.

(And I’ve been to 49 states.) :)

 
Comment by Housing Analyst
2013-11-09 18:11:02

Watching a tranny in heels run is comedic.

 
Comment by Ben Jones
2013-11-09 19:34:02

‘You’re assuming I care what you think’

Yeah, shut up and eat some cake!

 
 
Comment by Al Jazeera
2013-11-09 11:33:15

Indeed socialist from Latin America have defeated the laws economics. After bringing equal healthcare, food, shelter and toilet paper to everyone they have now started the war on flat screen T.V.’s! Hopefully Obama will follow suit in the United States soon.

Venezuela Government “Occupies” Electronics Retail Chain, Enforces “Fair” Prices

Venezuela’s relatively new government has adopted arguably the best and brightest socialist policy wielded by both Hollande and Obama, namely the “fairness doctrine.” However, in this case it is not about what is a “fair” tax for the wealthy (as taxes in Venezuela’s socialist paradise will hardly do much to build up the desperately needed foreign currency reserves), but what is a “fair” price for electronic appliances like flat screen TVs, toasters, and ACs. The result is that Maduro’s government now determines what equilibrium pricing should be. The reason for this latest socialist victory over the tyranny of supply and demand is that overnight Venezuela’s President Nicolas Maduro ordered the “occupation” of a chain of electronic goods stores in a crackdown on what the socialist government views as price-gouging hobbling the country’s economy. Various managers of the five-store, 500-employee Daka chain have been arrested, and the company will now be forced to sell products at “fair prices,” Maduro said late on Friday.

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Comment by tj
2013-11-09 11:45:11

Various managers of the five-store, 500-employee Daka chain have been arrested, and the company will now be forced to sell products at “fair prices,” Maduro said late on Friday.

the good part is when he gets sick he’ll probably run to cuba for care.

 
 
 
 
Comment by Al Jazeera
2013-11-09 11:17:29

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on Obama’s plan”.. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A…. (substituting grades for dollars – something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that.

Martin Armstrong

Comment by In Colorado
2013-11-09 11:30:14

So many straw men in that post …

Just for starters: When did Obama ever say that no one would be rich or poor? Lenin might have said that, but Obama? Get real.

Comment by Strawberrypicker
2013-11-09 12:52:44

When did he ever say he was a socialist? But he is.

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Comment by Skroodle
2013-11-09 16:01:31

I think you need to study it out.

 
Comment by steadykat
2013-11-09 17:24:24

What he actually said or didn’t say is unimportant. All that matters is what his fan base thinks that he said.

http://www.youtube.com/watch?v=Bg98BvqUvCc

“If I help him he’s gonna help me!”

 
 
 
Comment by Bill, just South of Irvine, CA
2013-11-09 12:21:47

Riotard never took any class from a teacher like that.

Comment by RioAmericanInBrasil
2013-11-09 12:30:49

Riotard never took any class from a teacher like that.

Of course I didn’t. My teachers had a grasp of reality.

Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.

That charge and implication has no basis in reality. None. What world you you actually live in where you could possibly think that charge and implication has any basis in reality? How can you possibly take serious any “argument” that is not based in reality? Have you been brainwashed to ignore reality?

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Comment by tj
2013-11-09 12:44:47

How can you possibly take serious any “argument” that is not based in reality? Have you been brainwashed to ignore reality?

you libs always accuse others of exactly what you do..

 
Comment by Strawberrypicker
2013-11-09 12:56:06

The lynchpin of the lieberal outlook is to not say what they actually believe. If they did, they know they’d be thrown out on their ears. They lie because they know better than you what is good for you.

 
Comment by Housing Analyst
2013-11-09 13:07:11

well…..afterall…. that is why they’re known as LIEberals.

 
Comment by Al Jazeera
2013-11-09 13:12:30

—>> ” How can you possibly take serious any “argument” that is not based in reality?”

…RioAmericanInBrasil,

In the example the grade is the reward and individuals are motivated to put in the work required for their individual reward. Some fair better than others but the average reward is a “B” for the whole class. But if only one grade is given to the whole class the average grade becomes and “F” and everyone is worse off because everyone expects somebody else to do the work for them. They want the reward but they don’t want to pay for it.

RioAmericanInBrasil, you are a perfect example. You plan to game Obamacare. You do not want to sign up and pay monthly for Obamacare. You expect every other citizen to pay for instead and do that work for you. And after a few years when you need the reward of a $600,000 liver transplant well then you’ll just sign up and expect to receive the reward you didn’t pay for because you are sure every other citizen will sign up and pay monthly for Obamacare. This is reality. You said so yourself in your comments above.

 
Comment by RioAmericanInBrasil
2013-11-09 13:15:23

The lynchpin of the lieberal outlook is to not say what they actually believe.

The lynchpin of far-right outlook is to not research what they actually believe.

If they did, they know they’d be “very embarrassed”.

 
Comment by RioAmericanInBrasil
2013-11-09 14:38:24

RioAmericanInBrasil, you are a perfect example. You plan to game Obamacare.

That’s just dumb. According to your “logic” almost half the population of America under 65 might be in a position to “game Obamacare” I don’t plan on getting sick but who does? There are 10s of millions of uninsured Americas with pre-existing conditions who are going to sign up for Obamacare. Are they “gaming the system”?

When one of the 50-129 million people with pre-existing needs to sign up for ACA, are they “gaming the system”. If I have a pre-existing condition and my mom gets sick and I have to return to America to care for her, am I “gaming Obamacare” if I sign up for it? If ACA is considered a “Tax” by the SCOTUS and I’ve paid my American taxes for decades and I sign up for ACA and pay for the coverage am I gaming the system?

You make no sense. That’s the reality. The other reality is that access to health-care is now basically a right in America and people signing up for it, sick or not, are not gaming anything because you can’t game a right. How can you game a right?
Example:
Americans have the right of free-speech. When the far-right tells lies and someone on the left call B.S. is that someone on the left exercising his right of free-speech “gaming the system”?

According to a new analysis by the Department of Health and Human Services, 50 to 129 million (19 to 50 percent of) non-elderly Americans have some type of pre-existing health condition. Up to one in five non-elderly Americans with a pre-existing condition — 25 million individuals — is uninsured. Under the Affordable Care Act, starting in 2014, these Americans cannot be denied coverage, be charged significantly higher premiums, be subjected to an extended waiting period, or have their benefits curtailed by insurance companies.

As many as 82 million Americans with employer-based coverage have a pre-existing condition, ranging from life-threatening illnesses like cancer to chronic conditions like diabetes, asthma, or heart disease. Without the Affordable Care Act, such conditions limit the ability to obtain affordable health insurance if they become self-employed, take a job with a company that does not offer coverage, or experience a change in life circumstance, such as divorce, retirement, or moving to a different state. Older Americans between ages 55 and 64 are at particular risk: 48 to 86 percent of people in that age bracket have some type of pre-existing condition. And 15 to 30 percent of people in perfectly good health today are likely to develop a pre-existing condition over the next eight years, severely limiting their choices without the protections of the Affordable Care Act. HHS dot gov

 
 
 
Comment by sleepless_near_seattle
2013-11-09 13:34:03

so no one will fail and no one will receive an A….

then

When the 3rd test rolled around, the average was an F.

Wait, doesn’t F = fail? Does not compute.

Comment by tj
2013-11-09 13:55:02

so no one will fail and no one will receive an A….

this is the promise of socialism.

—-

When the 3rd test rolled around, the average was an F.

this is the reality of socialism.

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Comment by sleepless_near_seattle
2013-11-09 14:05:10

That may be true, and socialism might fail on its own, it’s just not proven by this example.

“everyone will receive the same grade so no one will fail”

By the rules of the experiment, everyone would get a B, C, or D.

 
Comment by Strawberrypicker
2013-11-09 16:03:51

“All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A…. ”

I wondered about this also, but I think the “all grades will be averaged” modifies the rest to mean that it is just the professor explaining what they believe will happen, not promising no one will fail. You could phrase it “so no one will receive the highest grade and no one will receive the lowest grade” and the point still stands.

Nonetheless, a low average just above failure or being defined as “not failing” seems to be what we are in store for.

 
Comment by Ben Jones
2013-11-09 19:38:58

‘not promising no one will fail’

I was an accounting/economics tutor at a community college in Austin while I studied for the CPA exam. Once a student was having problems in intermediate, which is the big hurdle class in accounting at most schools. So I went to talk with the “professor”. In the course of it all, I asked how many students failed that course. He looked puzzled and said, ‘Well, none. That would be bad for their self esteem.’

 
Comment by Rental Watch
2013-11-10 04:14:27

Wow.

Reminds me of schools making a big deal about 8th grade graduation because “it might be their only graduation”.

Way to set a low bar…

 
 
Comment by Lesser Fool
2013-11-10 08:04:38

The solution to this is simple. Once it is seen that the average grade is dropping from B to C, we redefine the grades so that the range of B becomes the former range of C, so everybody’s grade stays the same. We keep doing this all the way down to zero. If this is done across the board, everybody can relax and still receive the promised grades. Beautiful!

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Comment by Housing Analyst
2013-11-09 05:20:52

“Crumbling short term housing demand across what are normally high volume selling months combined with long term demand at 14 year lows tells us that housing prices have a very long way to fall.”

No question. The only thing holding housing prices at these grossly inflated levels is fraud.

 
Comment by goon squad
2013-11-09 05:34:22

Realtors will DESTROY you. Avoid Realtors

Comment by phony scandals
2013-11-09 06:13:12

Realtors are sorry that Loanowners are finding themselves in this situation based on assurances they got from Realtors.

Realtors weren’t as clear as they needed to be in terms of the changes that were taking place, and Realtors want to do everything they can to make sure that Loanowners are finding themselves in a good position, a better position than they were before the sale happened.

http://www.cbsnews.com/8301-250_162-57611424/obama-im-sorry-americans-losing-insurance-under-healthcare-law/ - 111k -

 
Comment by JingleMale
2013-11-09 06:42:43

Owning a home is the BEST INVESTMENT most people will ever make. Own a home!

Comment by goon squad
2013-11-09 06:48:18

It’s a house, not a “home”. Homes are just manipulative Realtor-babble.

Comment by Housing Analyst
2013-11-09 06:54:45

Owning a debt slave is the BEST INVESTMENT most people will ever make. Own a debt slave!

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Comment by sleepless_near_seattle
2013-11-09 13:39:42

Where is the debt slave store? I’ll take two!! Do I get a tax deduction?

 
Comment by Carl Morris
2013-11-09 16:50:27

Where is the debt slave store?

If you like ‘em fresh you can find them at the mortgage broker office, but if you like them more preserved check out the payday loan store.

 
 
Comment by Whac-A-Bubble™
2013-11-09 07:16:05

It’s a debt trap with a hefty maintenance bill.

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Comment by Tar Pit Realty
2013-11-09 07:35:29

I can get you in with nothing down.

 
Comment by Whac-A-Bubble™
2013-11-09 08:51:35

Tar Pit Realty: “I can get you in with nothing down.”

Seriously? Where do I sign up!?

 
Comment by Tar Pit Realty
2013-11-09 09:05:23

“Where so I sign up?”

We’re located in L.A. on Wilshire Blvd, near La Brea Blvd.

Drop in anytime - we’re open 24/7.

 
Comment by Carl Morris
2013-11-09 09:09:27

Whoohoo! Can I be part of history?

 
Comment by Whac-A-Bubble™
2013-11-09 10:37:21

“La Brea Blvd”

Is that near the La Brea Tar Pits? (Translation: The Tar Tar Pits)

 
 
 
Comment by Mr. Banker
2013-11-09 07:03:34

“Own a home!”

Don’t limit yourself, think big, think leverage.

Own LOTS of homes and use Other People’s Money to buy them with, and set it up in such a way whereby the homes that you buy PAY FOR THEMSELVES!

Comment by cruz bustamante
2013-11-09 07:43:52

Finally some truth from a banker.

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Comment by Whac-A-Bubble™
2013-11-09 08:52:35

Mr. Banker’s da man.

 
 
 
Comment by Whac-A-Bubble™
2013-11-09 09:05:14

How many money pits are you hoping to unload on greater fools before the next leg down finishes playing out?

 
Comment by Bill, just South of Irvine, CA
2013-11-09 09:55:15

In the era of section 8 and allowing deadbeats to stay in houses years past their last mortgage payment without paying off the mortgage, most houses are not homes.

Comment by Skroodle
2013-11-09 10:33:04

Home is where you hang your hat.

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Comment by Housing Analyst
2013-11-09 11:00:16

Houses depreciate. Rapidly.

 
Comment by goon squad
2013-11-09 11:28:09

Home is where you hang your hat

Home is where you hang yourself with a National Association of Realtors provided noose.

 
 
Comment by Lesser Fool
2013-11-10 08:10:48

My immigrant acquaintance bought a house in the SF Bay Area for 600k with no money down, watched it drop to 300k, asked the bank for a principal reduction, was refused, then stopped paying his mortgage and lived rent-free for at least 1-2 years while employed at firms like LinkedIn and Paypal getting rich. Meanwhile, he invested in some land in his home country and watched it go up tenfold in price. He walked away from his house, left the US, went back home, built two houses on the land and is selling one to cover his costs, living in the other. He has somehow formed a software company there with business links in the US.

Your taxpayer dollars at work. What a country!

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Comment by jose canusi
2013-11-09 06:00:28

This is for MightyMike and other members of the blog, in case you missed it yesterday, I would like to apologize for the stupid, offensive and tasteless post with the corruption of Mitt Romney’s name. It was low, even for me. And it wasn’t funny, just dumb. Again, I apologize.

Comment by Whac-A-Bubble™
2013-11-09 06:12:18

“…corruption of Mitt Romney’s name…”

Brings to mind a respelling of the family name which mysteriously appeared during the 2012 campaign.

 
Comment by JingleMale
2013-11-09 06:45:16

Accepted. Class move.

 
Comment by Bluestar
2013-11-09 12:03:51

Sneaky Mormans snap up huge piece of Florida.

“Purchase of timberland makes Mormon Church Florida’s largest landowner.”
http://blogs.miaminewtimes.com/riptide/2013/11/mormon_church_st_joe_company.php

“The Mormon Church has long fretted over any apocalyptic eventuality, concerned with “longer-term needs.” So it plans to “gradually build” its food supply of wheat, white rice, and beans that “you can use to stay alive” for as long as 30 years.
It’s not quite clear what scenario would knock out every food source, but the Mormons aren’t taking any chances.”

Should we be laughing or are these guys smart?

Jack Smith AKA Bluestar

Comment by Strawberrypicker
2013-11-09 13:09:58

From what I see of them, and I see quite a few, they are hard working, frugal, live within their means, focus on their families and prepare for emergencies. They also take care of each other, reject the conspicuous materialism rampant today and have a strong sense of community. It’s not for me, and I’m sure some here will point out exceptions, but you can do a lot worse for neighbors.

Comment by Bill, just South of Irvine, CA
2013-11-09 15:51:47

I have Mormon missionaries for neighbors. Nice guys. But I noticed them frowning at my cup of coffee one morning as they were walking to thir car. Uh oh!

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Comment by Bill, just South of Irvine, CA
2013-11-09 14:09:43

The problem with that is the neo con progressives can declare land with resources a “public good” so they best be diversifying their real estate holdings into other countries with better safeguards on property rights.
U.S. Courts suck. Roberts was supposed to be a small government type and ruled pro ObysmalCare.

Socialists suck.

 
Comment by Carl Morris
2013-11-09 16:52:46

Should we be laughing or are these guys smart?

I’d say smart, but I’m biased…time will tell.

 
 
Comment by United States of Crooked Politicians and Bankers
2013-11-09 19:33:12

You mean when Mike was complaining that you called him Shittens? No need to apologize, I kind of like it. Has a nice ring to it.

 
 
Comment by Whac-A-Bubble™
2013-11-09 06:05:52

Are Treasurys toast on the strong jobs report?

Comment by Whac-A-Bubble™
2013-11-09 06:08:39

November 8, 2013, 4:10 p.m. ET
Jobs Data Spark Biggest Selloff in Treasurys Since July
–Upbeat employment data raise fears the Fed could taper bond buying in December
–Benchmark 10-year note’s yield rises to the highest level since September
–Treasury bonds post price loss for the week
–U.S. bond markets will be shut Monday for in observance of Veterans Day
By Min Zeng

U.S. Treasury bonds suffered their biggest one-day selloff since July Friday, after a surprisingly upbeat employment report fueled bets that the Federal Reserve could dial back its monthly bond purchases as soon as next month.

The selling sent the benchmark 10-year note’s yield above 2.7%, reaching the highest level since September. Bond prices fall when their yields rise.

The benchmark 10-year note dropped 1 3/32 in price at the end of Friday’s session, yielding 2.742%, according to Tradeweb. The yield rose 0.127 percentage point for the week, a second-straight weekly gain.

Federal Reserve policymakers have said the timing of any pullback from the central bank’s $85 billion monthly bond-purchase program hinges in large part on the health of the jobs market.

Dan Mulholland, head of U.S. Treasury trading at BNY Mellon Capital Markets LLC, said the 10-year note’s yield could rise to 3% before the end of the year, depending on whether the Fed sets plans at next month’s meeting to pare its monthly bond purchases in a procedure dubbed “tapering.”

Taper in December is definitely back on the table,” said Jason Rogan, managing director of U.S. government bond trading in New York at Guggenheim Securities LLC.

Mr. Rogan said Treasury bonds are vulnerable to more selling, as $70 billion new Treasury notes and bonds sales are due in the coming week. U.S. bond markets will be shut Monday to observe the Veterans Day holiday.

The world’s largest economy added 204,000 jobs in October, versus economists’ consensus forecast of 120,000 new posts. Readings for the prior two months also were revised upward by a total of 60,000.

The stronger pace of job growth caught many traders off guard. Treasury bonds rose a day earlier as wagers mounted that last month’s 16-day government shutdown would slow hiring. Friday’s report spurred the unwinding of bets that bond prices would rise.

The 10-year note’s yield spiked as high as 2.763% during Friday’s session from 2.626% right before the release. The yield at the end of 2012 was 1.78%.

We were shocked at how strong this jobs report was,” said Tom di Galoma, co-head of fixed-income rates trading in New York at ED & F Man Capital Markets. “Sellers immediately piled in.”

Comment by Logic 101
2013-11-09 08:05:57

“We were shocked at how strong this jobs report was.”

Which logically should strengthen the value of Treasuries but in this strange world we now live in it did just the opposite.

Comment by Whac-A-Bubble™
2013-11-09 08:55:45

What you are seeing is Wall Street’s QE3 taper logic in action. A better jobs number increases the prospect of a sooner taper, and everyone who ever read a Wall Street Journal headline knows that long-term Treasurys are toast the day the Fed actually follows through with action on taper talk that so far has amounted to jawboning and head fakes.

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Comment by Whac-A-Bubble™
2013-11-09 08:59:25

I’d guess a fair share of Wall Street traders view the taper talk as a means for the Fed to get extra stock market gains without having to increase QE3, as a taper head fake leads to new highs on the headline indexes every time. If anyone has access to a poll which asks traders how many think taper talk is merely a ruse, please post.

 
 
 
Comment by Strawberrypicker
2013-11-09 08:43:30

Thank god the economy is back to normal and everyone is doing so well.

Comment by Whac-A-Bubble™
2013-11-09 10:41:34

Good thing we have an army of all-cash Chinese investors snapping up U.S. residential real estate, as with labor force participation back to 1978 levels and still shrinking, there certainly isn’t going to be much end-user demand from U.S. households for some time to come.

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Comment by Whac-A-Bubble™
2013-11-09 10:43:53

Economy added 204,000 jobs in October; unemployment rate ticks up to 7.3 percent
By Ylan Q. Mui, Published: November 8

The U.S. job market finally seems to be picking up — but for a shrinking share of the population.

The Labor Department reported Friday that the nation’s economy added 204,000 jobs in October, defying analysts’ expectations of weak results even as the federal government shutdown bumped up the unemployment rate to 7.3 percent. Businesses in retail, hospitality, manufacturing and health care expanded their payrolls significantly. Estimates of hiring for the previous two months were revised upward.

The pace of hiring picked up, but the workforce kept shrinking.

But the number of people in the labor force fell in October as many simply gave up hope of finding a job. The percentage of people in the workforce is now at its lowest level in 35 years.

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Comment by azdude02
2013-11-09 06:38:26

no dice buddy. They need to keep the real estate party going for a long time. To do that interest rates need to be low. Yellen will keep printing cash and buying treasuries. Tapering is only an illusion. They will not stop printing until there other other forces that require them to.

you might be on the sidelines for 10 more years. Got equity?

Comment by Whac-A-Bubble™
2013-11-09 09:01:24

“Got equity?”

Yes, but no home equity. My share of the Ownership Society mainly exists because I avoided purchasing a debt trap at the bubble peak.

Comment by sleepless_near_seattle
2013-11-09 14:30:26

Yes, but no home equity.

‘Tis the conundrum, no? RE is lofty. Unless you feel deflation is baked in, where to put that cash? Stocks seem to be lofty. Do they have further to fly if inflation takes hold?

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Comment by Bill, just South of Irvine, CA
2013-11-09 19:27:00

VTIP

 
Comment by Housing Analyst
2013-11-09 19:34:30

“Got equity?”

What good is equity when it’s not cash and evaporates overnite?

Got Cash?(Bill?)

 
 
 
 
Comment by JingleMale
2013-11-09 06:47:02

If not today, soon.

Comment by Whac-A-Bubble™
2013-11-09 07:18:56

Have bidding wars ever previously reached the level of frenzy reached this year?

Competition Among Homebuyers Declined from 61 to 58 Percent in September, Continuing Erosion of Seller Control
by Ellen Haberle | October 22, 2013

Uncertainty over Lack of Debt Ceiling Resolution Likely to Exacerbate Typical Seasonal Slowdown

Competition for homes declined for the sixth consecutive month in September, as the market continued to shift away from a frenzied, front-loaded, and seller-controlled spring. Across 22 markets in September, 58.3 percent of offers written by Redfin agents across the country faced bidding wars, a drop from 60.5 percent in August and from a peak of 76 percent in March. Competition in September also fell below 2012 levels for the second consecutive month, suggesting that last year’s late-season surge is unlikely to be repeated this year. As competition fell, fewer homes sold for above asking price. On average across all Redfin markets, buyers paid 0.4 percent below asking price, compared to 0.3 percent below last month.

 
 
Comment by aNYCdj
2013-11-09 07:36:43

Strong jobs report that must be some wacky weed they are smokin………

 
Comment by Blue Skye
2013-11-09 08:01:18

“the strong jobs report…”

There’s a perfect example of how hard the media spins things, and how easily people are distracted from the big picture. 200,000 jobs added! Oh wow. In other news, fewer people working now than anytime since 1978. We add jobs and there are fewer people working than in the last 35 years. Yep, the US is taking off the runway and shooting for the moon. Prosperity is everywhere. Time for the Fed to react and slow this rocket down before we reach critical velocity.

Comment by Prime_Is_Contained
2013-11-09 10:20:51

“Prosperity is just around the corner!”

Comment by Albuquerquedan
2013-11-09 14:18:44

The bankstas are still living by their own rules, From todays Daily Mail: A high-flying Morgan Stanley wealth manager has been accused of secretly filing sexual encounters with multiple women in his tony Upper East Side bachelor pad.

John Kelly shot videos of his sexcapades with three different women between September 2011 and December 2012, officials said. Revelations of the conduct drove one woman to trash his apartment.

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Comment by Bill, just South of Irvine, CA
2013-11-09 09:58:17

I am buying more treasuries though. mostly T-bills.

Next week will be a golden week for me too: clink, clink, clink, clink!

Comment by Whac-A-Bubble™
2013-11-09 12:50:01

In all honesty, it seems like a good time to buy either gold or Treasurys, as the QE3 taper fear seems overblown, and risk assets (e.g. stocks and houses) seem overvalued.

Comment by Bill, just South of Irvine, CA
2013-11-09 14:24:10

Yes stocks and RE overvalued relative to precious metals and treasuries. Note the 5 year S&P outperformed GLD as of very recently.

RE has more false support than stocks. Section 8 does not apply to owning stocks. fair Housing Act - nothing similar for stocks. No broker knows the color of my skin when I put in an order. No MID for stocks. Tax free capital gain for RE if your primary residence and you occupy it for two years. The government is pushing heavily for an “ownership society.” I of course think the motive is very dark.

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Comment by Bill, just South of Irvine, CA
2013-11-09 14:35:45

It is significant that gold is down about 33% from its peak price this year. It is also significant that there seems to be a base at $1300. Partly because the spot price is barely above the price to mine the gold.

Gdxj is worth a hold and aliaf is a buy. But I prefer stacking movable, hidable wealth.

Just started getting more serious in collecting medium-end Bordeaux. $100 starting price. I figure when I make my permanent move to Phoenix i will haul out my Bordeaux collection in the month of December. You can rent wine storage at some of those very same places that have storage units for your furniture and things. I think $100 per month will pay off to somewhere between $500 and $1000 depending on which brand. Ten years? Twenty years?

 
 
Comment by Bill, just South of Irvine, CA
2013-11-09 14:40:29

I am looking forward to buying Series I Savings bonds in my future. For now, T bills and two year notes all rotated back in are fine for me.

At the point where I am more concerned about the return of my principle than what my principle returns. With wine, at least I can enjoy some fine quality stuff if I cannot sell it. Expect to sell to Paradise Valley bigwigs mostly.

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Comment by Bill, just South of Irvine, CA
2013-11-09 14:57:42

“clink clink clink clink” is the sound of another summer vacation’s worth of gold to use in my later years way up in the mountains or on the cool pacific coast.

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Comment by RioAmericanInBrasil
2013-11-09 15:01:34

“clink clink clink clink” is the sound of another summer vacation’s worth of gold to use in my later years

Last summer has gone forever.

 
Comment by tj
2013-11-09 15:06:46

“clink clink clink clink” is the sound of another summer vacation’s worth of gold to use in my later years way up in the mountains or on the cool pacific coast.

here’s something to ponder for a while Bill.

if the whole world becomes destitute, gold will be of little value. gold, like many if not most things, has secondary value. that’s why it’s value is ‘whimsical’. that’s why the price of gold is so hard to predict.

things of primary value will hold the most value in a destitute world. what is primary value? value that is rooted in usefulness. things like food, guns, medicine, tools etc. have primary value.

i’m not saying the world will become destitute. i don’t know that it will. the only real chance of that happening is if socialism wins out worldwide. i don’t see that happening. but if it does, gold won’t help you much.

 
Comment by Bill, just South of Irvine, CA
2013-11-09 15:17:43

Provide me the precedent of every nation becoming destitute. It won’t happen. Those thing you mention: food, guns, medicine, tools, well fine, but many people will still find it easier to use a medium of exchange.

So are you also defying gold’s 5,000 year history as cross cultural medium of exchange?

 
Comment by Bill, just South of Irvine, CA
2013-11-09 15:19:40

BTW, socialism won’t win worldwide. It is impossible. Most nations will run out of other peoples money at different times, and some will have their own capitalist revolutions like we had ours in the 1770s.

 
Comment by Bill, just South of Irvine, CA
2013-11-09 15:21:47

Finally, I have to repeat this. Sad but (yawn) I am NOT 100 percent into gold. Not even ten percent. But ten to twenty percent of my assets would be a reasonable mix in my portfolio.

 
Comment by tj
2013-11-09 15:36:56

Provide me the precedent of every nation becoming destitute. It won’t happen.

you didn’t read my post very carefully Bill. that’s not like you.

So are you also defying gold’s 5,000 year history as cross cultural medium of exchange?

good is being used more as a store of value that a medium of exchange these days.

BTW, socialism won’t win worldwide. It is impossible.

Most nations will run out of other peoples money at different times

that’s wealth that gets mostly destroyed.
yes, i already told you i didn’t think it was likely. only that you should consider the chance. other countries are turning away from socialism even as we turn towards it. they have learned the lesson. we haven’t.

some will have their own capitalist revolutions like we had ours in the 1770s.

that’s the hope i hold out. someday maybe the scourge of socialism/communism/fascism will laid to rest and then the whole world can prosper.

 
Comment by tj
2013-11-09 15:38:52

good=gold..

 
Comment by Bill, just South of Irvine, CA
2013-11-09 15:47:06

Well I have taken gold coins to a dealer and walked out with cash several times a few years ago. It was due to rebalancing since my precious metals asset allocation was over my limit. Half an hour and walked out with cash.

It’s fast enough for me to regard it as a medium of exchange.

Lately I have had the pleasure of having too much in my stocks and stock fund asset class, so I moved 2.8% out to a government securities fund with average duration of 30 months for the securities.

But I am underweight precious metals. And fine wines.

 
Comment by RioAmericanInBrasil
2013-11-09 16:12:33

Well I have taken gold coins to a dealer and walked out with cash several times a few years ago.

I did it in July in the USA and in Rio last year. It’s not that hard.

 
Comment by Bill, just South of Irvine, CA
2013-11-09 17:42:03

A statist into gold is like Hillary attending a libertarian protest rally. It don’t compute.

 
Comment by AnonyRuss
2013-11-09 19:45:14

“A statist into gold is like Hillary attending a libertarian protest rally. It don’t compute.”

Does Goldwater count?

 
Comment by MightyMike
2013-11-09 20:00:35

Is the USA currently a socialist country? If so, which countries are not socialist?

 
 
 
 
 
Comment by phony scandals
2013-11-09 06:46:54

Anyone heard from Rio?

Man Buried Alive, Discovered By Cemetery Visitor - VIDEO - Newsy
http://www.newsy.com/videos/man-buried-alive-discovered-by-cemetery-visitor/ - 24k - Cached - Similar pages
21 hours ago … A man in Brazil was pulled alive from a grave last week after a woman saw his

Comment by Tar Pit Realtor
2013-11-09 08:08:50

Another one of my clients. I was wondering where he went.

 
Comment by RioAmericanInBrasil
2013-11-09 10:33:49

Man Buried Alive, Discovered By Cemetery Visitor

You don’t have squat - just a story from a far-off land.

Here’s my Brazilian cemetery experience. A female friend’s dad died a couple years ago and was buried in Rio’s biggest cemetery in the “nice” part of town - “John the Baptist” where they put you in a small coffin on a “shelf” for a couple years to “cure” and then they take you bones and put them in plastic box on a smaller “shelf” where family can “visit” their loved ones in front of rows and rows of closed shelves of boxes of bones.

After the couple years she had to go to the cemetery to see if her dad had “cured” enough to have his bones consolidated to a smaller shelf. They actually make someone in the family do this crap.

She could not handle it alone, so I watched them open the coffin and show me the skeleton. I saw it. Damn. WTF. The area smelt like death. Well, her dead dad’s skin had not disintegrated enough so they said the skeleton could cure a couple more years for a couple thousand dollars “rent” or they could peel of the skin for about a hundred bucks and the lady (who could not handle the whole deal even not seeing her dad’s bones) paid the 100 bucks and they peeled the skin off and packed the bones in a plastic box about the size of 6 basket balls square and put them into the smaller shelf. The fkn idiots held up the dried skin jerky to show us which totally freaked out the skin’s daughter. As I said, wtf?

I had a couple bad dreams. You can’t touch this.

She has a rich friend who has a family crypt in that cemetery about the size of 8 porta-potties that now costs about $500,000.

They probably bought it 50 years ago for $800. Location, location, location.

Comment by In Colorado
2013-11-09 11:19:51

There is something to be said for cremation.

Comment by Mr. Banker
2013-11-09 11:41:19

Cremation loses much of its appeal if you wait until they are dead.

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Comment by Strawberrypicker
2013-11-09 13:13:55

I love these stories. I can’t wait to hear about the two times you had a gun pointed at you. Was it the skeleton here that pointed the gun at you? Was there a skeleton gunfight?

Comment by RioAmericanInBrasil
2013-11-09 13:16:45

I love these stories.

You’d love my life. I think u might be jealous.

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Comment by Housing Analyst
2013-11-09 19:22:56

If male prostitution happens to be a personal goal, I suppose.

 
Comment by Strawberrypicker
2013-11-09 19:31:29

Sounds great. Hanging out in Brazil trolling a housing blog thousands of miles away. If you were in Brazil, you’d be the saddest clown there.

At least you have the internet to keep tabs on your Messiah. I suspect Daddy issues.

 
 
 
 
 
Comment by tj
2013-11-09 07:16:41

government extortion.. it’s another way the economy is being crippled by big government.

http://www.siliconinvestor.com/readmsgs.aspx?subjectid=59039&msgnum=20223&batchsize=100&batchtype=Next

Comment by Blackhawk
2013-11-09 08:01:54

I’ll see your extortion and raise you a “fraud”

http://m.nationalreview.com/article/363538/obamas-massive-fraud-andrew-c-mccarthy

Comment by tj
2013-11-09 10:18:59

mr. tyrant obama, these torches and pitchforks are for you..

Comment by Housing Analyst
2013-11-09 10:26:59

Your fraud has been trumped with a corruption.

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Comment by RioAmericanInBrasil
2013-11-09 10:46:28

mr. tyrant obama, these torches and pitchforks

I’m sure he’s losing a lot of sleep over your little squeaks.

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Comment by Ben Jones
2013-11-09 10:49:23

Yeah! The old, “let them eat cake” attitude!

 
Comment by RioAmericanInBrasil
2013-11-09 10:51:44

Yeah! The old, “let them eat cake” attitude!

France’s “lack of cake” problems were not the product of democracy. ACA is the product of democracy.

 
Comment by tj
2013-11-09 11:04:55

I’m sure he’s losing a lot of sleep over your little squeaks.

he doesn’t see the pitchforks yet. they’re just over that hill..

France’s “lack of cake” problems were not the product of democracy.

they were a problem of liberalism, comrade.

ACA is the product of democracy.

the founders wanted a republic, not the mob rule of democracy.

 
Comment by Ben Jones
2013-11-09 11:18:19

‘ACA is the product of democracy’

So was the Iraq war. And like that war, we now know there was more than a little lying done in the run up.

If you were just in denial, it would be amusing. But your condescension reveals panic about how this is going down. That’s more than amusing.

 
Comment by In Colorado
2013-11-09 11:25:04

reveals panic about how this is going down

Why would he panic? He lives in a country with functioning socialized health care. Unlike you (I understand that you are uninsured, if I am wrong, my apologies) he doesn’t have to worry about paying a huge hospital bill should he fall ill or have an accident.

I agree that ACA has sucked and I have no problems tossing it IF we come up with another approach and not simply go back to the old, dysfunctional system that we had before.

 
Comment by steadykat
2013-11-09 11:26:04

“I’m sure he’s losing a lot of sleep over your little squeaks.”

You are so right, the man’s a sound sleeper. He slept right thru Benghazi and showed up the next day well rested and all smiles in Vegas where he partyeeeeeeed all night long.

Speaking of Vegas I would wager that Obama has never read even one page of the healthcare insurance bill.

 
Comment by Ben Jones
2013-11-09 11:38:37

‘He lives in a country with functioning socialized health care’

Yeah, and when he gets sick he’ll find out how crappy it really is.

‘Why would he panic?’

Or congress, as they got special set-asides to protect them from the pain. And that was done democratically too! Let them eat cake indeed.

‘I agree that ACA has sucked’

One easy solution; make it voluntary. If it’s so great, people will flock to sign up.

 
Comment by RioAmericanInBrasil
2013-11-09 11:50:36

But your condescension reveals panic about how this is going down.

“Panic”, I have no panic. I think it’s funny - not that ACA is having trouble getting started but that those on the right don’t understand that the earth has changed under their feet. The USA will never go back to 50 million being not covered. One way or another it is now America’s fate. The ship has sailed and the right is too brainwashed to see the big picture.

Repubs are stupid to fight ACA and hope it fails. Like they can instantly pull the plug on the law of the land? How? By what means and in what time frame? And replaced with what? This is why the Repubs should panic, not me.

 
Comment by tj
2013-11-09 12:04:28

And replaced with what?

a bounty on socialists?

 
Comment by Ben Jones
2013-11-09 12:10:21

‘the Repubs should panic’

I guess you don’t read much news. Even people that voted for Obama hate it.

“If You Like Your Plan, You Can Keep Your Plan.”

http://www.youtube.com/watch?v=tt6_r0kLFdk

 
Comment by In Colorado
2013-11-09 12:35:56

Yeah, and when he gets sick he’ll find out how crappy it really is.

Sure … Brazilians are dropping dead left and right from their poor healthcare. We Americans have been deluded into believing that our super expensive system is worth the unaffordable price. It reminds me of people who believe that housing is supposed to be unaffordable.

I will never forget the day when I was on the way to work in a carpool. The driver’s phone rang. I was her unemployed husband. He was having chest pains. At that job we had a really crappy HD plan. The driver and her husband decided that he would “tough it out” since they couldn’t afford the deductible if he went to the ER.

What good is “the best healthcare in the world” if you can’t afford it? That was an incredible risk they took. Since he had been unemployed for over a year, they were totally broke and a $1500 hospital bill was something they couldn’t take on.

 
Comment by In Colorado
2013-11-09 12:37:12

“If You Like Your Plan, You Can Keep Your Plan.”

I got to keep my plan. And it didn’t go up in price this year (we are in open enrollment).

 
Comment by Albuquerquedan
2013-11-09 13:00:03

The ACA is just one large tax increase on the middle class to pay for the health care for the poor many of whom are the children of illegal immigrants. Government failed to secure the border and has failed with this Rube Goldberg plan to tax the middle class to create universal health care.

The drafters hid the tax and only started to admit to it when admitting it was the only slim reed they had to have its constitutionality upheld. Corporate America does support it since it shifts the costs from the employer to the middle class taxpayers hence its creation by Romney and John Robert’s vote. However, while it is constitutional for a state to mandate insurance, the federal government which is suppose to be a limited government does not have this authority.

 
Comment by In Colorado
2013-11-09 13:05:57

The ACA is just one large tax increase on the middle class to pay for the health care for the poor many of whom are the children of illegal immigrants

They’ve already been covered by Medicaid for decades.

 
Comment by Albuquerquedan
2013-11-09 13:21:16

Some but not all it depends on where you draw the poverty time. The key question is whether you are disputing that it is a tax on the middle class something Obama promised he would not do. But that is just one more lie.

 
Comment by RioAmericanInBrasil
2013-11-09 14:49:30

They’ve already been covered by Medicaid for decades.

Poor people are “gaming the system”.

 
Comment by Ben Jones
2013-11-09 19:44:36

‘Brazilians are dropping dead left and right from their poor healthcare’

I don’t know, but weren’t they protesting in the streets by the millions recently?

 
 
 
 
Comment by Bill, just South of Irvine, CA
2013-11-09 14:45:34

Government sux.

 
 
Comment by goon squad
2013-11-09 08:10:41

Toronto Mayor Rob Ford is wasted and wants to kill somebody:

http://www.thestar.com/news/2013/11/07/rob_ford_in_video_rant.html

Comment by Resistor
2013-11-09 15:24:44

I love Toronto.

 
 
Comment by MightyMike
2013-11-09 08:54:17

Home is where the heartbreak is for GOMOs

It’s a phenomenon fast becoming known in the property industry as ”GOMO”: Grief Over Missing Out.

Prospective buyers who pin their hopes on a dream home and are outbid at auction by competitors are increasingly slumping into a state approaching clinical depression, experts say.

“Some people put an enormous emotional investment in a particular place and fall in love with it before they’ve been able to buy it,” said Amanda Gordon, a clinical psychologist and adjunct associate professor at the University of Canberra.

“They invest a lot of time, energy and money into the search, having reports done, organising the loan, imagining themselves living there and putting off other things as a result,” she said. ”Then, when they fail to buy it, they are disappointed, distressed and can despair that they’re ever going to get anything. It can be like being left at the altar, and there’s a real danger then that they can become depressed.”

“For generations, it’s been a long-held assumption that people will automatically become home-owners but now some people are for the first time realising they might never be able to achieve that,” she said.

“It’s awful. They see it as a personal failure and become clinically depressed.

http://smh.domain.com.au/real-estate-news/home-is-where-the-heartbreak-is-for-gomos-20131108-2×72w.html

Comment by Whac-A-Bubble™
2013-11-09 09:03:21

Why do I personally feel elated when so many property buyers are suffering from depression induced by GOMO?

It’s due to my JOMO = Joy Over Missing Out.

Comment by Carl Morris
2013-11-09 09:11:37

I’ve got my JOMO workin’…

Comment by Blue Skye
2013-11-09 10:26:32

I’ll have what he’s drinking.

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Comment by Strawberrypicker
2013-11-09 13:18:49

Thanks for the post yesterday outlining the specs and cost on the solar setup.

 
 
 
 
Comment by Tar Pit Realty
2013-11-09 09:10:26

GOMO makes the next sell all the more easier.

I like it when they get desperate and decide to make the plunge, when they decide to throw away all caution and go all in.

Nike had it right: Just do it.

 
 
Comment by phony scandals
2013-11-09 09:13:55

“Before you tell me it’s too tin-foil-hat to talk about the mass federalization of living spaces and the “vilification of private property rights under the guise of racial equality” as a major Seven50 goal, please watch one more video when you have time. You won’t be sorry. It’s Stanley Kurtz, senior fellow at the Ethics and Public Policy Center and author of “Spreading the Wealth,” talking about President Obama’s part in regionalism, including his goal of emptying the suburbs, repopulating into cities. (Hint-hint: You do it by taxation and withholding federal dollars from important highway projects, for example.)”

Seven50: It’s Agenda 21’s Baby Cousin in Florida

By: Nancy Smith | Posted: October 10, 2013 3:55 AM

The folks behind Seven50 swear up and down their “blueprint for growing a more prosperous, more desirable Southeast Florida during the next 50 years” is no reincarnation of widely reviled Agenda 21.

Maybe. But it sure walks like a duck and quacks like a duck.

Agenda 21? By its authors’ definition, it was “a nonbinding, voluntarily implemented global action plan to bring about sustainable development.”

Seven50, on the same hand, is a “voluntary” regional action plan to bring about sustainable development.

The similarity is upsetting a lot of Floridians — and not just the ones liberals like to label right-wing kooks.

For many people in this country, sustainable development is code for “cluster of low-income, HUD-inspired, stack-and-pack housing units with demographic quotas, built without garages, adjacent to mass transit — with personal use of automobiles out of the question.”

Agenda 21 scared the pants off Americans when it came out of a 1992 United Nations conference in Rio de Janeiro — a plan of largely un-American ideas that called for an end to national sovereignty, the abolition of private property rights and top-to-bottom “social re-engineering.”

Seven50 is Agenda 21’s baby cousin. It was born in the U.S.A., in Washington, D.C. somewhere, when the federal Department of Housing and Urban Development (HUD) gave a partnership of South Florida regional planning councils a $4.25 million grant to make “sustainable development” happen.

That’s seven counties — Monroe, Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River — all under regional control within 50 years.

Oops. I just called Seven50 Agenda 21’s baby cousin. I’m sure the Southeast Florida Regional Partnership (SFRP) — the folks pushing this time-warp of an endeavor — will marginalize me by claiming I’m a tin-foil-hat tea bag spreading misinformation. A conspiracy theorist. I hope I’m none of the above. I lived in Britain and Europe for 10 years and loved the lifestyle under socialist governments that happily adopted many of Agenda 21’s components.

But this isn’t Britain or Europe. What may be their utopia isn’t America’s.

The unelected leadership driving Seven50 believes that without coordinated action, Southeast Florida is looking at a future of congestion, declining quality of life and economic deterioration.

“Go to the meetings and listen to them,” Bill Paterson, chairman of the St. Lucie County Republican Executive Committee, told me. “The coordinated action they’re talking about is regional leadership making all the decisions for the dozens of local governments in the seven counties. They aren’t looking for our ideas, they have their own and they just want to get on with implementation.”

The fact is, we’re not just talking about Florida as an isolated case here. Federal agencies HUD, EPA and DOT are financing the restructuring of local government divisions all over the country. Whether it’s Seven50 in Florida, Plan Bay Area in California, or Granite State Future in New Hampshire, they are one and the same, based on the same principles.

In dismissing Seven50’s resemblance to Agenda 21, the Seven50 website has this to say: “(Seven50) is a process for producing a new plan, currently being created, based on input from the public to help enable each of the seven counties in Southeast Florida to help guide future investment into the region. Let’s nip in the bud the wrong rumors that there is any link between Seven50 and the United Nations. It is unfortunate that some people are spreading these nonsense rumors in order to further their own political agendas, and that some people are paying attention.”

Here’s the problem with a whine like that: If these planners don’t want “nonsense rumors,” why didn’t they caution their benefactor to be a little less incendiary during the Seven50 rollout?

In a press release, HUD Secretary Shaun Donovan said, “During the months ahead, in the most ambitious social re-engineering project ever undertaken by the federal government, racial mapping in every neighborhood, in every community in the United States, will begin.”

The language used to describe Seven50 goals, never mind the sentiment behind it, falls somewhere between unsettling and downright terrifying.

http://www.sunshinestatenews.com/story/seven50-its-agenda-21s-baby-cousin-florida - 106k -

Comment by goon squad
2013-11-09 11:38:45

Is downtown Lake Worth still as much of a sh*thole as it was the last time I was there in 2004?

Comment by phony scandals
2013-11-09 17:16:38

“Is downtown Lake Worth still as much of a sh*thole as it was the last time I was there in 2004?”

You mean the Lake Worth where the undocumented immigrant wiped out the side of my F-250 that one of my guys had parked there in a hit and run a couple of months ago and the cops wouldn’t look for him because they only got a partial tag, that Lake Worth?

 
 
Comment by Bill, just South of Irvine, CA
2013-11-09 14:11:14

Socialists suck.

 
 
Comment by SDJen
2013-11-09 11:52:47

The HOA is $2037 per month. San Diego condos….

“Read carefully: HOA is $2037 per month. This is a luxury full service retirement residence. We are dumping it for 1/3 what seller paid. Don’t think lenders will loan in here. Get cash. I don’t know what it will rent for. email me with questions. De al of the Century! Wanna retire to a luxury hotel with spectacular view in La Jolla! Hotel with restaurant/pool/concierge, free transportation, everything! Comparable hotel would cost $400+ a day. This in only $65/day! What would you pay for that deal!”

http://www.sandicormls.com/SiteContent/SND/PropertySearchSND.aspx?vidx=tg1JW-VUbx01&t=8VasdDEl1441

Comment by Whac-A-Bubble™
2013-11-09 12:55:25

“Wanna retire to a luxury hotel with spectacular view in La Jolla!”

Got fetid sea lion feces?

La Jolla Cove sea lion turf open to public
By Deborah Sullivan Brennan
2:03 p.m.Nov. 8, 2013

California sea lions lounged on the guano covered cliffs east of la Jolla Cove on Tuesday, May 28, 2013. California sea lions lounged on the guano covered cliffs east of la Jolla Cove on Tuesday, May 28, 2013. — John Gibbins / TWITTER @JohnGibbinsUTSD

Pedestrians can venture into sea lion territory at La Jolla Cove, a San Diego city official has said in response to questions about such access by the La Jolla Village Merchants Association.

“There are no restrictions to public access if a member of the public chooses to access the rocks/cliffs,” Assistant Chief Operating Officer Stacey LoMedico wrote in a letter to Sheila Fortune, executive director of the association.

However, LoMedico cautioned, the area could be unstable because of erosion. And she reminded visitors that they can’t disturb the wildlife there.

Although the city recently cleared up foul-smelling bird droppings at La Jolla Cove, a new odor has arisen — this time from sea lion poop. Residents and merchants said the stench is worse than ever.

Sea lions have congregated at the cove in increasing numbers since the city fenced off part of the bluffs, residents and business owners said. They want to remove the fence to let people back on the bluffs, in hopes that doing so will disperse marine mammals and sea birds.

George Hauer, owner of George’s at the Cove, said he has lost customers because of the stench. Last week, he hopped the fence blocking the beach and said the sea lions retreated in his presence.

“All you need to do is allow people on the bluffs and those animals will go away,” Hauer said. “And the smell will, over time, go away.”

Comment by In Colorado
2013-11-09 13:09:44

Sea lions have congregated at the cove in increasing numbers since the city fenced off part of the bluffs

I remember seeing Sea Lions at the La Jolla Cove in the 1980’s. They often came ashore at the the so called “children’s cove”. I also recall way back in the 80’s that the Cove was some sort of “marine preserve” or something like that.

Comment by Whac-A-Bubble™
2013-11-09 14:15:49

“children’s cove”

It’s an ongoing battle between the rights of children and the rights of sea lion-loving enviros — quite the ongoing media circus, too!

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Comment by Whac-A-Bubble™
2013-11-09 12:58:31

It will be hi-larious when this scheme blows up!

SecondMarket’s Bitcoin Investment Trust puts bitcoin in IRAs
November 8, 2013, 4:48 PM

Forget stocks and bonds. You can now save for retirement by investing in bitcoin.

That’s possible through SecondMarket’s Bitcoin Investment Trust, the open-ended trust that launched in late September and invests solely in the digital currency. The Bitcoin Investment Trust is currently working with three IRA providers — PENSCO, Entrust and Equity Institutional — to allow investors to include bitcoin in their self-directed IRAs, SecondMarket Founder and Chief Executive Barry Silbert told MarketWatch.

“We also were just able to get the Bitcoin Investment Trust into a number of self-directed IRA provider platforms. For the first time, you can now invest in bitcoin in your IRA,” he said.

 
Comment by Bill, just South of Irvine, CA
2013-11-09 14:55:09

My company allows us to do Roth 401ks. I will go in as much as I could starting January. Making room for it, sell about $16,000 worth of my former company stock in 2014. I have five years to be able to start taking distributions, so I am not so worried about neo con progressives changing the retirement saving laws anytime soon.

For the younger people, if you are doing Roths, I suggest you don’t go all in, but invest post tax money in stock index funds outside of retirement; particularly those tax managed funds. As long as capital gain tax rates are below the ordinary nome tax rates, it’s a better deal. And avoid cashing in while earning income in a high tax state. I am cashing in, but only a partial amount to offset some of what I invest in m Roth 401k. If the neo con progressives change the tax laws you can adjust quickly and find a better tax avoidance scheme.

Comment by Rental Watch
2013-11-10 04:24:59

My wife’s company has allowed Roth 401k’s for a few years now, we’ve taken full advantage. At this point, we only have the first deduction from her first paycheck, plus the company match as our only non-Roth retirement accounts (we converted all of our traditional IRAs).

And yes, we could face government confiscation of our retirement savings, but I expect that since the reason they will be doing so is to raise money for Medicare/Social Security (the biggest holes in the budget), I suspect an alternative will be essentially that the better off will get less benefit from these programs, which is what I’m planning for anyway.

Comment by Bill, just South of Irvine, CA
2013-11-10 20:39:46

The rules for Roth 401ks are slightly different from Roth IRAs. For Roth 401ks have to begin to take distributions no later than age 70 and a half. For Roth IRAs there is no required age. So the deal is simple for Roth 401k distributions: Move them into AA or higher municipal bonds. Keep the tax free status going.

 
 
 
Comment by Bill, just South of Irvine, CA
2013-11-09 15:38:58

Anyone seen the new look of outpr fiat money? I got some cash from my local bankster. The big faces have been irritating enough the last few years. But now the bills are bluish with some orange and yellow thrown in. This all makes it look phonies than ever. Going to get rid of these in a few days. Yech!

I asked the teller if the old currency will be retired and burned. He says yes the old paper will be burned over time.

Comment by Skroodle
2013-11-09 16:06:27

More and more like Monopoly money.

 
Comment by phony scandals
2013-11-09 17:35:41

“The big faces have been irritating enough”

I had an old 20 Dollar Bill with a small headed Jackson a couple of months ago and a Hess station wouldn’t take it.

 
Comment by Bill, just South of Irvine, CA
2013-11-09 19:43:00

The scary thought is this government is giving paper shorter and shorter lifespans. That is probably by design. In 1968 if you “put cash under the mattress” and then in 1985 started spending it through 1990, you probably would have been able to.

If you have paper savings bonds you can redeem them 30 years after issue. You could have bought paper series I bonds not too long ago and you can still hold onto them to maturity.

But cash has anonymity. Our ever growing paranoid federal government is working hard to remove that anonymity.

This is why you want an alternative form of money that won’t be called in. Gold is anonymous. Wine is anonymous. Yes, tools, crops you grow, and the labor you do like being a mechanic, well that’s anonymous. Your retirement account, bank account, brokerage account, and ObysmalCare are all criss crossed with redundant tracking on dizzying scales.

Government sux.

Comment by Housing Analyst
2013-11-09 19:59:43

So Bill….. I’d like to hear your thoughts on 401k tax shelter v. Roth…
Before you answer keep in mind these points;

-Free $hit Army on the march and the LIEberal LieMakers as their champions
-Corrupt Statist heavy handed gov.
-The global scam that is the FedRes
- The financial scam that is FIRE

When I detect a fad like trending from 401k to Roth, I’m suspect.

Your thoughts?

Comment by Bill, just South of Irvine, CA
2013-11-10 20:26:54

I don’t suggest tax deferred plans where you cannot withdraw from them within he next ten years. I think socialism will get much worse in America before it gets better. For those who are close to begin distributions it’s probably well to use a 401k, especially Roth.

I recommend instead to just contribute enough to get the full match from your employer. Other than that, go for low expense stock index funds. You can realize gains when you want. I recommend to do only long term gains and to realize them only while living in a low tax state. Not California!

For my Roth I have VFIAX as one of my Roth accounts. In December after the dividends are distributed, I will convert my VFINX Traditional IRA to VFIAX. I do this yearly.

For ten years or more away from retirement, the FSA will most likely cause their agents (Congress) to change their rules and confiscate what is yours.

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Comment by MightyMike
2013-11-09 20:09:26

Is the idea of wine as investment catching on? I think that there could be some problems if people print up labels of expensive wines and put them on bottles of the cheap stuff.

Comment by Bill, just South of Irvine, CA
2013-11-10 20:28:21

A colleague of mine invests in wine. He’s selling bottles he bought 20 years ago at $30 for $400. If you want repeat customers, you do not screw them.

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Comment by Resistor
2013-11-09 18:09:25

Way OT. Nothing to do with housing… amazing footage of helmet cam on mountain biker

http://www.youtube.com/watch?v=x76VEPXYaI0

Comment by Carl Morris
2013-11-09 22:13:38

Crazy stuff…

 
 
Comment by AbsoluteBeginner
2013-11-09 20:40:29

test

 
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