Normally, I think reading the newspaper is an entirely useless activity in the morning, making you less, rather than more, informed. It wastes time on the distractions that the high school paper quality journalism of today decides to focus upon. But this LA Times article has a nice nugget buried:
“sales of previously owned single-family homes barely rose in April. Most of the month’s gains came from less expensive condos and co-ops. Single-family home builders remain pessimistic, and sales of new and previously owned homes are still down from a year earlier.”
Three day weekends are the pits! Most workers take off half a day at the start so you have three and a half days before you can get back to some of your projects. In addition they can’t just stay put in their apartments, they have to drive around all over the place crowding up the gyms, shops, the beaches and the outback.
So the homeloaners stay in? And take care of the yard, lawn, repairs I suppose.
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Comment by ibbots
2014-05-25 07:17:32
Yardwork! I was at the nursery yesterday, everything was on sale. I guess stage 3 water restrictions in North Texas compelled them to put everything on sale before it died from lack of water. I bought a 10′ tall peach tree for $15!
Ima build a flower bed this morning and then take my wife to the Buddhist Temple this afternoon where they’re having a big thing. Aint no party like a Buddhist party!
I prolly will use the gym at my apartment complex in California when I get back there at noon from my brief Phoenix trip.
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Comment by Whac-A-Bubble™
2014-05-25 08:10:55
My mum sent me this book called Brain Rules that I started reading a couple of days ago. Among other insights, it claims that exercise is a key factor in acheiving longevity and in maintaining mental performance into old age.
Comment by Prime_Is_Contained
2014-05-25 09:04:33
If you were not fully convinced by those claims, I recommend reading:
Spark: The Revolutionary New Science of Exercise and the Brain by John J. Ratey and Eric Hagerman (Jan 1, 2013)
It makes the same claim, but back it up by summarizing a remarkable amount of recent neuroscience research. It is well-written, in a very accessible style.
Worth a read.
Comment by Bill, just South of Irvine
2014-05-25 09:12:04
Jack La Lanne would agree. He said exercise is king. Nutrition is queen. Put them together and you have a kingdom!
My three week experiment with eliminating refined sugar, artificial sugar, and processed foods proved one thing so far: no more afternoon drowsiness and greater energy levels constantly during the day. I don’t prove this for anyone or try to impress anyone with this restricted diet. Most people would not want it. So there is no one to impress anyway with my dull lifestyle. And I am finding it easier than I thought to refuse those “special occasions” and fall off the wagon. The free Friday lunches usually have a dessert like cookies. I eat an orange or banana instead. I am also getting more definition by loss of body fat. That avoidance of sugar and candies caused me to drop a pound a week. That myfitnesspal is a very valuable app. Very cleverly designed. You can see what you are deficient in by mid day and combine whole foods by the end of the day to get the RDA of the nutrients. They only lack the B vitamins.
Comment by "Auntie Fed, why won't you love ME?"
2014-05-25 14:38:34
I gave my cookie to a coworker
Comment by MrsLolaSoros
2014-05-25 15:23:46
Pick the right parents — Armold Schwarzennegger
Comment by Bill, Just south of Irvine
2014-05-25 16:08:02
Jack LaLanne’s father died of a heart attack in his 50s. LaLanne died in his 90s.
Comment by MrsLolaSoros
2014-05-25 17:06:23
I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact.
Per Wikipedia: LaLanne’s parents were Jennie (née Garaig) (1884–1973) and Jean/John LaLanne (1881–1939), immigrants from Oloron-Sainte-Marie in southwest France. Both entered the U.S. in the 1880s as young children at the Port of New Orleans in Louisiana. LaLanne had two older brothers, Ervil, who died in childhood (1906–1911), and Norman (1908–2005), who nicknamed him “Jack.
His mother was almost 90 and his one brother lived to almost 100.
Comment by Housing Analyst
2014-05-25 17:28:46
French fries hang around a long time…
Comment by Bill, Just south of Irvine
2014-05-25 20:10:41
“I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact”
Point well taken. However, if Jack LaLanne instead continued to eat junk food, he would probably have lived to about 60 at most.
I knew a guy of filipino descent who started smoking at 37. He told me his lineage tends to be diabetic and die early. So he basically reasoned that he might as well be hedonistic.
Now. Suppose Jack LaLanne’s grandparents on his mom’s side died early from some accident. He would have no history of how long his mom’s side lived. His dad died when Jack LaLanne was young. He had no guidance of his genetics. So he could have decided to live it up since people he’s related to die early. But he didn’t follow that logic.
The sourges of inherited diseases are not commonplace. Jack LaLanne had good genetics. Many people 30 years ago in their 20s had great genetics but chose to be sedentary and now have chronic diseases. They ruined their own bodies.
My logic is that you should optimize your nutrition now, no matter what age. And establish a consistent exercise program no matter what the genetics. Many people with great genes are poisoning themselves.
Look at the obesity rates of young people today compared to 40 years ago. Today it’s not uncommon to see a “plus size” cheerleader or two at any high school. 40 years ago not a single one.
Comment by Whac-A-Bubble™
2014-05-25 20:18:26
“Jack La Lanne would agree.”
His story happens to be author John Medina’s leading example in the chapter on exercise!
Comment by Bill, Just south of Irvine
2014-05-25 20:25:02
“I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact.”
So why hasten age and the end with bad choices - heavy drinking, smoking, processed foods, high sodium, no exercise? Someone whose lineage dies in their 50s may be 20 years old now. The disease that kills off their lineage may have a cure in 25 years. So tragic if that 20-something just lived it up and took worse environmental choices than his parents and die months before being able to get the cure.
Comment by Bill, Just south of Irvine
2014-05-25 21:04:10
That’s great info on John Medina.
I now know proper diet increases energy levels to where energy is constant and does not go way up and then way down. Constant energy is easier on your body. Thinking (not letting the mind drift) is easier with more energy. Exercise and nutrition are key. Also the exercise of your brain with your career, for example, and with puzzles or games such as Sudoku.
Three day weekends are the pits! Most workers take off half a day at the start so you have three and a half days before you can get back to some of your projects. In addition they can’t just stay put in their apartments, they have to drive around all over the place crowding up the gyms, shops, the beaches and the outback.
I’ll probably have this attitude when I’m retired.
I must say, I do think it’s rather poor form for a fellow to go on a shooting rampage because he’s not gettin’ any. In a BMW, no less.
Note to parents with problem offspring: Do NOT release your mentally disturbed spawn on society and then wring your hands and say you’re devastated when they go haywire. Do whatever you have to do, but keep them away from the rest of us. You spawned them, you’re responsible. It’s not up to the police, social workers or anyone else to handle YOUR problem. Yes, I know it sucks that you lost the birth lottery, but them’s the breaks. The least you could do is take away the car keys.
Yeah. I read up a bit. The kid had asperger’s syndrome and there was something about counseling. I wonder if psychiatrists put him on same drug that loughner used. Or Holmes. Or that kid in Connecticut. Notice also they were around the same age when they snapped. The psychiatric drugs and that age are dangerous.
The drug industry will continue to cover this up. Government’s own interest is to assist the cover up since there is always a cry for less freedom and more statism after an event like this.
Yeah, that “assburger’s syndrome” is beginning to sound like a catch-all label for “We don’t know WTF”. Although, I did know a guy who was “diagnosed” with that and lemme tellya, even though he walked, he talked and he seemed quite intelligent, something told me to get as much distance as possible from the guy. Beneath the charm and the intelligence was a nasty, seething resentment of other people. “Like me, or I’ll kill you”. It was that bad, but most people are blinded by sympathy and a desire to help individuals like that.
Those psychotropic meds are dangerous for sure. I don’t know how people don’t get it, given the fact that the drug companies do list the side effects.
And, as usual, the father of one of the kids who got shot is now railing at the NRA. I mean, I do feel bad for this man who was deprived of his son because of a nasty, mentally defective devil spawn, but even before he went on his shooting rampage, the devil spawn stabbed his roommates to death, and no one is blaming the National Cutlery Association. And the spawn could just as easily have mowed down people with his BMW, had he chosen to do so.
If the father of one of the victims is looking to place blame, he needs to look at the parents and at the “multiple therapists” the spawn was seeing. Why wasn’t he in a facility, locked away from the rest of society? I realize people regard this as cruel, but what’s the great good? One person isolated or many people dead?
Anyway I hope the parents and the “therapists” get sued to kingdom come.
Rodger’s family called police several weeks ago after being alarmed by YouTube videos ‘regarding suicide and the killing of people,’ a lawyer said yesterday.
Police interviewed Rodger and found him to be a ‘perfectly polite, kind and wonderful human,’ family attorney Alan Shifman said.
BMW, college in Santa Barbara? Now the 1 percent are going on killing sprees?
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Comment by jose canusi
2014-05-25 06:33:51
“Police interviewed Rodger and found him to be a ‘perfectly polite, kind and wonderful human,’ family attorney Alan Shifman said.”
Sounds to me like the family was looking for legal cover. Police aren’t mental health professionals. Heck, even the mental health “professionals” don’t know WTF.
But the family knew. Oh, boy, did they ever know. They should have taken a tip from the Jay & The Americans song:
“Let’s lock the door and throw away the key, now!”
the Rodgers kid actually mowed down people. He hit two bicyclists with his BMW, killing at least one of them. Went right through his windshield. The entire windshield was aken out so you can imagine the impact force by speed of the car. Three people stabbed two death, one killed by the kid with BMW as weapon, two girls shot to death. Several hospitalized.
As someone who treats such kids (as a child psychologist, not psychiatrist), I have to say it is not as easy as one would think to keep kids like this locked up. It’s beyond challenging to predict which of these kids will actually carry out violent acts, and even if there is an apparent threat, it’s very difficult to get them committed. In his case, considering the specificity of the videos, I would say that he certainly could have been held for 24 - 72 hours, but then what? There’s no great answer for these boys. I have a young client who threatened to destroy a school. Everyone wants to know the answer to the million dollar question: is he capable of this? My answer: we’re talking about probabilities, and that’s about it. The secret service has been trying to create prediction models for years, but they never come up with anything useful: either tons of false positives, or false negatives. The best predictor of violence is a history of violence. The thickness of one’s case file is one of the best predictors we have.
As to the meds, I don’t know. The kids who are put on these meds are also ones who are most seriously impacted. That’s a major confound. I am grateful that I don’t have to make that decision on either the parent or the provider side. It’s a scary, scary predicament.
This is all to say I don’t know what one can do. A child with Asperger’s and a thought/mood disorder: Yikes. You’re ultimately talking about someone with a massively distorted perception of reality and very poor impulse control. Frankly, he shouldn’t have been allowed to drive. But then what?
I write all this not to disagree with the frustration and anger. I write it to say that placing blame on parents and therapists is probably not right. What do you sue the the therapists for? For not locking him up? That can’t be done. For not giving him the tools to function in society? I don’t know. 1 hour out of the 150 or so he spends every week is not going to turn someone who is psychotic into someone who acts rationally. And what should the parents have done? Kept him locked in the basement? He’s an adult.
Frankly, there should be readily accessible residential treatment centers for such kids, but good luck with getting insurance to pay for that. Jail? That’s where a lot of them end up anyway.
There’s no great answer for this. (My apologies for the rambling post, but this is something that interests me greatly.)
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Comment by DonSterlin'
2014-05-25 10:43:51
And he would have gone on to kill at some point even if he was a chick magnet.
Comment by Bill, Just south of Irvine
2014-05-25 13:41:18
Lionel,
So what is your opinion on this bunch of mass killings since 2000? Guns have been around for centuries. High schools in rural areas in the 40s and 50s had rifle shooting as part of the P.E. curriculum. Some accounts of boys who would take their rifles to school, place them on a rack before the classes, and collect their guns going home, as they would go shoot game to bring back for dinner to the family.
Something has changed significantly.
Obviously it is population. But I think it’s more than that. I don’t know what it is. I doubt Asperger’s syndrome has become a new phenomenon since the 90s. Or am I mistaken? What are the drugs such as ritalin doing to the kids?
All these ADHD kids can be cured by applying 2 policies at home: 1) Don’t feed them foods with refined sugar or added sugar - only feed them home made whole foods and 2) the man of the house must instill discipline. Like my dad did. A strong father role. Substituting drugs for lack of parenting because “dad commutes one hour each way to and from work and has no energy to be stern” - well that’s a friggin copout.
Comment by Lionel
2014-05-25 14:11:43
Those are good questions and valid comments, Bill. I have a good friend who went on an antidepressant years ago and reported to me one day that he had experienced significant homicidal thoughts. It scared the crap out of me, frankly.
Of course, the place to start with this discussion is: is there an increase in mass murders over time? Here is one person’s (hopefully data-based) opinion:
As to Ritalin, I’ve never seen that tied to homicidal thoughts or behavior. We’re looking more at anti-depressants and anti-psychotic meds that really have a (potentially) significant impact on thoughts and actions. It’s greatly complicated by kids on the spectrum. As a group, meds providers are rather loose in their prescribing. And unfortunately, if there’s a rare side effect for the general population, a lot of times we see it with these kids. (It should be noted that some of the sweetest kids I work with are on the spectrum - it’s usually the combination of autism and a mood or thought disorder that shows up in these pronounced ways.)
The best way for me to conceptualize individual cases is to consider risk factors. Michael Rutter did some pioneering research on this subject, finding that children can absorb a number of risk factors (poverty, depression, etc.) but when an individual reached 4 or more, the chance of increased mental illness multiplied by 20 or so. The more risk factors after that, and you’re in hot water. Having a mood disorder, thought disorder, maybe autism (I couldn’t tell from the video whether or not this kid was autistic - if he was, it wasn’t obvious), addiction to video games would have to be a risk factor, as would possible psychotropic meds, probably also other drugs and alcohol. But there may likely have been other factors at play.
As to ADHD specifically, I don’t know that diet change alone will alter a person’s working memory,processing speed, the kinds of things I test for. I certainly recommend to parents that they reduce refined carbs, but generally we’re talking about a significant core neurological issue. Behavioral support, exercise, diet and often meds alters the course of truly impacted kids. I certainly have worked with a number of kids for whom Ritalin had a positive effect. They tend to be autistic (along with processing issues), but one can certainly observe significant changes in behavior. It should be noted that there are often other factors involved beyond core inattentiveness; anxiety, depression; autism, etc.
Comment by Bill, Just south of Irvine
2014-05-25 14:32:40
So six innocent people were killed. May they rest in peace. I am sad for them.
Meanwhile the biggest mass murderers are allowed to operate as usual and encouraged. Of course, I’m talking about governments.
262 million people were killed by governments in the 20th century. University of Hawaii gets credit for the study.
And we blather on about such an atrocity that was…get ready…STOPPED. But governments continue to mass murder and we think that’s okay.
Comment by Can Bubble
2014-05-25 14:49:12
The Calgary murderer was also a Eurasian male. Interesting.
Comment by "Auntie Fed, why won't you love ME?"
2014-05-25 14:50:39
Funny how Bill thinks that men should not marry the women they impregnate, yet he also believes that mental illness should be prevented by “the man of the house” instilling discipline. Make-a-no-sensie.
Comment by Bill, Just south of Irvine
2014-05-25 14:55:13
Somehow you are assuming by not marrying, the father will not be “the man of the house.” That he will be absent.
You assume wrong. Shame. I thought you were a consultant, consultants should have more logic than direct hires.
Comment by Bill, Just south of Irvine
2014-05-25 15:30:18
Lionel,
By the way, that is an interesting link. It’s encouraging that mass murder by civilians has dropped in half since 1991 in the U.S. And as the U.S. population increased over the last 24 years.
Still the mass murder by governments continues without any complaint.
Where is Cindy Sheehan to protest Obama’s drone killings and the continued war in Afghanistan?
There are 32,000 U.S. troops currently in Afghanistan. We were supposed to think of Democrats as doves. Egad we’ve been had!
I thought you were a consultant, consultants should have more logic than direct hires.
How’d you come up with that one? Or, to phrase it another way, what logic is there in that statement?
Comment by "Auntie Fed, why won't you love ME?"
2014-05-25 19:06:57
And Bill, you incorrectly assume that by not marrying, the man will not be legally obligated to his consort and bastard children. You also assume that the lady is going to let the baby-daddy be “the man of the house”, even though he refuses to marry into the family.
Shame. You should have a less-heightened sense of self-importance.
Comment by Bill, Just south of Irvine
2014-05-25 19:54:58
Therefore you are a statist. Without a thugocracy, there is no marriage. What a wreck you statists are. This is why far more men are libertarians than women. Many women want the force of the state’s guns to rule men (aka “marriage.”)
Comment by Bill, Just south of Irvine
2014-05-25 19:57:18
Big V, Your philosophy is statist. Without a state there is no “marriage” - plain and simple. Most women understand that. That is a big factor in most women being for big government - Hillary, E Warren, Obama, etc.
Your true colors show vividly.
Comment by "Auntie Fed, why wont' you love ME?"
2014-05-25 22:31:06
Where do you draw the line between “society” and “the state”?
Comment by Bill, just south of Irvine
2014-05-26 05:50:26
I draw the line easily: the state is permitted by society to initiate force against innocent people. Society regards initiation of force immoral if done from those outside the state.
That’s about the age when schizophrenia usually crops up. A lot of kids are misdiagnosed with various personality disorders. Then they grow up and the full-on mental illness kicks in, and everyone realizes that it wasn’t really Asperger’s or bipolar or whatever.
One of the factors - I read about maybe 15 years ago - is when the pregnant mother drinks too much alcohol. The alcohol affects the fetus. And the violent effects do not kick in, of course, until the male is in his late teens.
Perhaps it all is a numbers issue. The media makes a big deal about these sociopaths. And people blab about it in coffee shops, on twitter, on facebook.
Then when a government drone kills dozens of innocent people in Yemen no one cares.
Very true, Auntie Fred. I’ve diagnosed a couple of early onset schizophrenia cases this year by asking one simple question: do you hear or see anything that others don’t hear. You can get some interesting answers, and I’m of the mind that you should pay close attention to those responses. A lot of practitioners chock odd responses to imagination or protective fantasies. I’m a meat and potatoes psychologist - if someone tells me they hear voices or see Greek gods, I sit up and pay attention.
exactly my reaction when it was reported that the family sent the police over to check on him. I was like, he’s your kid, you know his problems, don’t EVEN insinuate that somehow the state should have done something to control him. now we know what’s worse than a mentally sick young male adult. a mentally sick young male adult with unlimited and unrestricted resources to do damage to innocents (the rest of us).
What’s REALLY mentally sick is the parents. I’ve had just about enough of this hand-wringing and apologizing and “Oh, we’re just so DEVASTATED, but we did try to warn people”. Basically they sicced their mad dog on the public, is what they did. And gave him a BMW. I hope the father never gets a film gig again. Maybe the porno industry will hire him, though.
Go to breitbart and read excerpts from his writings about his plans. If the cops would have searched his apartment they would have found the guns and writings and possibly put him on a 72 psych hold.
Another item to ponder: how come these mass killings were rare before the year 2000? Sure there was the shooter in the college tower in Texas in the 60s. Then the deranged Dahmer and Gacy and that black dude in Georgia who killed black boys. But the common denominator is now early 20s, parents know something is wrong but don’t commit the kid, had gone through counseling sessions, on some sort of prescribed pschychiatric drugs, aspergers syndrome. This is a pattern and how much longer are we going to deny it? Our government’s job is to protect us. And its job is not to restrict everyone’s individual liberty because of some crazed youth.
The criminally insane used to be committed. But that’s just not “done” anymore, it’s socially unacceptable. Drugs and “therapy” are the preferred method, not to mention letting someone who is a lost cause be able to be “part” of society, when they’re just not able to assimilate. We can see the problem here: for this kid, being part of a society that rightly rejected him spawned a murderous resentment. And yes, I realize that many of those institutions were hell, I really do realize that. But like I said, what’s the greater good? One guy locked away or multiple people dead?
Compassion can be taken just a tad too far. This kid was an obvious psycho to his family, but able to fool the police. Ted Bundy type.
Good point. But again I worry that all people who are individualists will be deemed suspect.
Myself, I am very different from my work peers for example. Single, in my 50s, no kids, no real estate, not interested in relationships, don’t spend much money. Definitely I should be locked up! However, I have a lot of money and can retire now. I am devoted to fitness and nutrition as my first priority and career as second.
“They recommended Euthanasia, for nonconformists everywhere” - by the rock group Asia.
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Comment by Bill, just South of Irvine
2014-05-25 07:31:00
I did. Sadly an ex girlfriend of mine is battling stage 4 kidney cancer. I keep tabs on her. She has a good network of friends and that is helpful.
Comment by MrsLolaSoros
2014-05-25 07:38:19
You don’t gotta lock up individualists to get the paranoid schizophrenics who can’t take care of themselves off the streets. Thanks Geraldo.
Comment by jose canusi
2014-05-25 07:47:13
Exactly. It’s not individualists who are the problem, it’s psychos.
But, I do believe that sometimes people who are a little off, but otherwise not dangerous, are sometimes secretly and anonymously picked up off the streets and messed with and then turned loose. Or otherwise experimented with. Wouldn’t be surprised if that had happened to Holmes.
Comment by jose canusi
2014-05-25 09:33:43
Ooops, sorry, Ben. As usual my potty mouth got the better of me. Deletion noted.
This case was another example where a family member, in this case the POS husband, knew something was very wrong, but left his children in the care of his psycho wife, who was on a cocktail of drugs and seeing more than one shrink.
See, they don’t give these people stuff like Valium or Miltown anymore, oh no, that wouldn’t be any fun. You gotta give them stuff that will drive them over the edge, instead of taking the edge off.
The criminally insane used to be committed. But that’s just not “done” anymore, it’s socially unacceptable.
People are still locked up. Those you who have who have been railing on about the Constitution should be concerned about that.
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Comment by jose canusi
2014-05-25 09:31:02
What I’m concerned about is that many times those who shouldn’t be locked up, are. And those who should be locked up, aren’t.
Comment by RonniesLeftMango
2014-05-25 10:02:07
People are still locked up.
A walk around any downtown area tells you different. There are tons of drug and alcohol addicted mentally ill that are not locked up. Our system spends billions but doesn’t help any of these people. Eventually, if they commit serious enough crimes, they get locked up for a short while with criminals. The “homeless” dollars go other places including to pay to put welfare moms in Section 8 in neighborhoods where housing prices are propped up by the Mo Credik types.
And anybody that believes that in 2014 we cannot CURE drug addiction (not rehab) is being deceived.
Our government’s job is to protect us. And its job is not to restrict everyone’s individual liberty because of some crazed youth.
Predictions are notorious for their inaccuracy. Predicting that someone will murder someone else just because he’s nuts — that prediction can also turn out to be wrong.
Dad of Santa Barbara Victim Sobs and Rails Against Son’s Death …
abcnews.go.com/…/05/dad-of-santa-barbara-victim-sobs-and-rails-against-sons-death/ - Similar pages
15 hours ago …
So it was Wednesday night and I was bored so I decided to do some channel surfing and I happened across CNBC’s T.V. reality show called “Money Talks”.
And I learned from the show that supposedly some people were willing travel all the way to Las Vegas so as to get this Steve Stevens guy to advise them on which sports teams to bet on and in return this Steve Stevens guy will get to latch on to fifty-percent of any winnings.
This is worth repeating: The money man puts up the money and Steve Stevens gets fifty-percent of the winnings!
But of course it’s all a scam, in more ways than one. Go here to see what I mean:
“capital gains from stocks and homes will continue to drive the economy well into the future.”
Yes! The magical power of leverage awaits those who are smart enough, are man enough, to dip their hands into the money pile and extract their full share.
You have to be in assets to get any kind of return.
Be smart enough to see bubbly asset prices and look for value in another asset classes.
Is there any asset class out there right now where you see value?
The FED likes to create value for wall street every so often.
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Comment by Bill, just South of Irvine
2014-05-25 06:51:09
Smart money considers his cash as a temporary form of wealth and to be converted to another asset class when that asset class crashes.
Comment by MrsLolaSoros
2014-05-25 07:42:15
Be smart enough to see bubbly asset prices and look for value in another asset classes.
Yet somehow this never happens. Look at all those losses in the last stock market downturn that anyone could see coming a mile away. People lost half of their portfolios. Now everyone is brilliant again.
Comment by Bill, just south of Irvine
2014-05-25 10:00:38
I hope I am being brilliant as I have been selling batches of my biggest gaining stock over the last year. A friend of mine who has been promoted to director of that same company a year or two ago seemed please when I told him I have over 4,000 shares.i did not tell him I had and sold 6,000 more shares over the years. 2,000 of which I sold way too low but realized a good gain still. Need to be on good terms for them to get me s good consulting gig in a couple years on west coast.
The take-away in my view:
When price-to-income or price-to-rent ratios get out of whack, it’s often a sign of a housing bubble. But the story in Vancouver is more interesting. Almost by chance, the city has found itself at the heart of one of the biggest trends of the past two decades—the rise of a truly global market in real estate.
So just because prices look out of whack doesn’t necessarily mean there’s a bubble. Instead, wealthy foreigners are rationally overpaying, in order to protect themselves against risk at home. And the possibility of losing a little money if prices subside won’t deter them. Yan says, “If the choice is between losing ten to twenty per cent in Vancouver versus potentially losing a hundred per cent in Beijing or Tehran, then people are still going to be buying in Vancouver.”
This article mentions Ca as well.
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Comment by Housing Analyst
2014-05-25 07:14:15
“Real Estate Goes Global”
And liars are local.
Comment by Bill, just South of Irvine
2014-05-25 07:16:30
Yes. From our perspective it is a bubble. And yes the huge army of rich Chinese could continue to increase the house prices in the areas where they cluster.
So far they don’t like Phoenix so much. I hope that stays that way. Their bubble will crash at some point in Vancouver and the coastal California cities. And when that happens it will be deeper than 2008 and affect high end real estate all the way to cardboard box real estate.
Comment by Blue Skye
2014-05-25 07:52:47
You can rationalize, but you can’t make a mania logical. The Chinese will run just like the Japanese did when their bubble burst.
Comment by inchbyinch
2014-05-25 08:35:08
Blue
So true, but in the mean time it prices out the US middle class. That’s the bummer.
Personally, I’d like to see (dare I say it) protectionist policies. The world is flat, but we need to iron it?
Comment by inchbyinch
2014-05-25 08:54:25
but DO we need…
Comment by Housing Analyst
2014-05-25 09:17:12
Who cares if “the middle class priced out”?
Rent
Comment by Bill, just South of Irvine
2014-05-25 09:18:31
Sad to see it price out middle class Americans whose ancestors have been here for many generations. But you cannot argue against the notion that the Chinese overseas asset buy ups are a mania. This is the reason to rent if you are in the very same places they cluster.
Comment by Blue Skye
2014-05-25 13:07:50
The bubble (mania) is nationwide.
Priced out? Is that like “forced to pay too high a price”?
Comment by Bill, Just south of Irvine
2014-05-25 13:33:35
Actually when you think about it, renting is cheaper in the bubbliest of cities. By “renting” I don’t mean always having only a SFH. A multiple unit apartment complex (out here in the west you “rent” apartments…I understand in New York City you “buy” an apartment).
So renting is an alternative choice. Since you can either buy or rent, and particularly no one does this by gunpoint there is no “force” involved.
They are only worth what they are when you sell. So when you make several hundred percent gain on something you should not hesitate to sell at a whim and park in cash. You don’t have to sell all when you have stocks. You have to sell all when you have a house. Which is another reason to not count in a house as a way to get wealthy.
Dreaming of moving to Colorado. To be near the mountains and sunny skies. YOLO. What keeps me from going? Stuff. I have too much stuff to move for starters. Then there is the job and living space thing. But in order of holding me back, it is stuff, yeah too much stuff I own.
My sister’s similar dreams were formed during our childhood vacation trips to Colorado. Now she lives in downtown Denver and regularly hits the ski slopes during the winter.
There is something to that old saying, ‘If there is a will, there’s a way.’
My dad cautioned me to never be a slave to your possessions. I never questioned him on why he had a lot of material possessions. Because I knew he would grin and tell me because it made his wife and us kids happy.
I am a slave to my possessions right now. For the last year it hasn’t made sense for me to have two residences. But I want to go back into consulting in three years. I have great contacts in my old staffing firm and I maintain those relationships.
Hey dude, don’t get all snippety just because people throw your hypocrisy in your face.
Comment by Bill, Just south of Irvine
2014-05-25 19:51:08
I suppose you are the one around here who considers something hypocricy. I consider it bacon and eggs. Someone else will consider it a refrigerator while another would consider it a national anthem. Get my drift?
My sister bought her place before the Echo Bubble went parabolic / hyperbolic / or whatever. And it was also mainly a lateral move as she sold her old condo in The Springs to fund her move to Denver.
For me it’s the time span of being cold; enter northern latitudes. A former co-worker is in Williston, ND, which makes the Columbia Basin look cozy on a comfort scale.
Denser more humid air is much “colder” than dry high-elevation air at the same temperature. Specific heat capacity. You can wear a jacket in CO at temps you’ll want a parka for in ME.
That does give one pause. As if the country just exists out there without us. A fortune of a lifetime spent on a tiny house and only complaints about liberty.
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
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25 MILLION excess, empty and defaulted houses CHECK
Housing demand at 19 year lows and falling CHECK
Housing prices inflated by 250% CHECK
Household formation at multi decade lows CHECK
Rampant housing fraud CHECK
Public denial formed and supported by a corrupt media CHECK
Population growth the lowest in US history CHECK
Immigration flat to slightly negative CHECK
Oh my word……
And the boobs are taking the bait.
http://www.latimes.com/business/la-fi-new-home-sales-20140524-story.html
Normally, I think reading the newspaper is an entirely useless activity in the morning, making you less, rather than more, informed. It wastes time on the distractions that the high school paper quality journalism of today decides to focus upon. But this LA Times article has a nice nugget buried:
“sales of previously owned single-family homes barely rose in April. Most of the month’s gains came from less expensive condos and co-ops. Single-family home builders remain pessimistic, and sales of new and previously owned homes are still down from a year earlier.”
They’re reporting month over month. YoY fell.
Maybe it was you that took the bait?
Time to make the coffee.
This is a great weekend. Need extra day away from work. Coffee is a great idea!
Three day weekends are the pits! Most workers take off half a day at the start so you have three and a half days before you can get back to some of your projects. In addition they can’t just stay put in their apartments, they have to drive around all over the place crowding up the gyms, shops, the beaches and the outback.
So the homeloaners stay in? And take care of the yard, lawn, repairs I suppose.
Yardwork! I was at the nursery yesterday, everything was on sale. I guess stage 3 water restrictions in North Texas compelled them to put everything on sale before it died from lack of water. I bought a 10′ tall peach tree for $15!
Ima build a flower bed this morning and then take my wife to the Buddhist Temple this afternoon where they’re having a big thing. Aint no party like a Buddhist party!
I prolly will use the gym at my apartment complex in California when I get back there at noon from my brief Phoenix trip.
My mum sent me this book called Brain Rules that I started reading a couple of days ago. Among other insights, it claims that exercise is a key factor in acheiving longevity and in maintaining mental performance into old age.
If you were not fully convinced by those claims, I recommend reading:
Spark: The Revolutionary New Science of Exercise and the Brain by John J. Ratey and Eric Hagerman (Jan 1, 2013)
It makes the same claim, but back it up by summarizing a remarkable amount of recent neuroscience research. It is well-written, in a very accessible style.
Worth a read.
Jack La Lanne would agree. He said exercise is king. Nutrition is queen. Put them together and you have a kingdom!
My three week experiment with eliminating refined sugar, artificial sugar, and processed foods proved one thing so far: no more afternoon drowsiness and greater energy levels constantly during the day. I don’t prove this for anyone or try to impress anyone with this restricted diet. Most people would not want it. So there is no one to impress anyway with my dull lifestyle. And I am finding it easier than I thought to refuse those “special occasions” and fall off the wagon. The free Friday lunches usually have a dessert like cookies. I eat an orange or banana instead. I am also getting more definition by loss of body fat. That avoidance of sugar and candies caused me to drop a pound a week. That myfitnesspal is a very valuable app. Very cleverly designed. You can see what you are deficient in by mid day and combine whole foods by the end of the day to get the RDA of the nutrients. They only lack the B vitamins.
I gave my cookie to a coworker
Pick the right parents — Armold Schwarzennegger
Jack LaLanne’s father died of a heart attack in his 50s. LaLanne died in his 90s.
I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact.
Per Wikipedia: LaLanne’s parents were Jennie (née Garaig) (1884–1973) and Jean/John LaLanne (1881–1939), immigrants from Oloron-Sainte-Marie in southwest France. Both entered the U.S. in the 1880s as young children at the Port of New Orleans in Louisiana. LaLanne had two older brothers, Ervil, who died in childhood (1906–1911), and Norman (1908–2005), who nicknamed him “Jack.
His mother was almost 90 and his one brother lived to almost 100.
French fries hang around a long time…
“I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact”
Point well taken. However, if Jack LaLanne instead continued to eat junk food, he would probably have lived to about 60 at most.
I knew a guy of filipino descent who started smoking at 37. He told me his lineage tends to be diabetic and die early. So he basically reasoned that he might as well be hedonistic.
Now. Suppose Jack LaLanne’s grandparents on his mom’s side died early from some accident. He would have no history of how long his mom’s side lived. His dad died when Jack LaLanne was young. He had no guidance of his genetics. So he could have decided to live it up since people he’s related to die early. But he didn’t follow that logic.
The sourges of inherited diseases are not commonplace. Jack LaLanne had good genetics. Many people 30 years ago in their 20s had great genetics but chose to be sedentary and now have chronic diseases. They ruined their own bodies.
My logic is that you should optimize your nutrition now, no matter what age. And establish a consistent exercise program no matter what the genetics. Many people with great genes are poisoning themselves.
Look at the obesity rates of young people today compared to 40 years ago. Today it’s not uncommon to see a “plus size” cheerleader or two at any high school. 40 years ago not a single one.
“Jack La Lanne would agree.”
His story happens to be author John Medina’s leading example in the chapter on exercise!
“I think it is good to exercise, eat right and try to maximize what you’ve got. But genetics is cold hard fact.”
So why hasten age and the end with bad choices - heavy drinking, smoking, processed foods, high sodium, no exercise? Someone whose lineage dies in their 50s may be 20 years old now. The disease that kills off their lineage may have a cure in 25 years. So tragic if that 20-something just lived it up and took worse environmental choices than his parents and die months before being able to get the cure.
That’s great info on John Medina.
I now know proper diet increases energy levels to where energy is constant and does not go way up and then way down. Constant energy is easier on your body. Thinking (not letting the mind drift) is easier with more energy. Exercise and nutrition are key. Also the exercise of your brain with your career, for example, and with puzzles or games such as Sudoku.
Fascinating!
Three day weekends are the pits! Most workers take off half a day at the start so you have three and a half days before you can get back to some of your projects. In addition they can’t just stay put in their apartments, they have to drive around all over the place crowding up the gyms, shops, the beaches and the outback.
I’ll probably have this attitude when I’m retired.
crater
I must say, I do think it’s rather poor form for a fellow to go on a shooting rampage because he’s not gettin’ any. In a BMW, no less.
Note to parents with problem offspring: Do NOT release your mentally disturbed spawn on society and then wring your hands and say you’re devastated when they go haywire. Do whatever you have to do, but keep them away from the rest of us. You spawned them, you’re responsible. It’s not up to the police, social workers or anyone else to handle YOUR problem. Yes, I know it sucks that you lost the birth lottery, but them’s the breaks. The least you could do is take away the car keys.
Yeah. I read up a bit. The kid had asperger’s syndrome and there was something about counseling. I wonder if psychiatrists put him on same drug that loughner used. Or Holmes. Or that kid in Connecticut. Notice also they were around the same age when they snapped. The psychiatric drugs and that age are dangerous.
The drug industry will continue to cover this up. Government’s own interest is to assist the cover up since there is always a cry for less freedom and more statism after an event like this.
Yeah, that “assburger’s syndrome” is beginning to sound like a catch-all label for “We don’t know WTF”. Although, I did know a guy who was “diagnosed” with that and lemme tellya, even though he walked, he talked and he seemed quite intelligent, something told me to get as much distance as possible from the guy. Beneath the charm and the intelligence was a nasty, seething resentment of other people. “Like me, or I’ll kill you”. It was that bad, but most people are blinded by sympathy and a desire to help individuals like that.
Those psychotropic meds are dangerous for sure. I don’t know how people don’t get it, given the fact that the drug companies do list the side effects.
And, as usual, the father of one of the kids who got shot is now railing at the NRA. I mean, I do feel bad for this man who was deprived of his son because of a nasty, mentally defective devil spawn, but even before he went on his shooting rampage, the devil spawn stabbed his roommates to death, and no one is blaming the National Cutlery Association. And the spawn could just as easily have mowed down people with his BMW, had he chosen to do so.
If the father of one of the victims is looking to place blame, he needs to look at the parents and at the “multiple therapists” the spawn was seeing. Why wasn’t he in a facility, locked away from the rest of society? I realize people regard this as cruel, but what’s the great good? One person isolated or many people dead?
Anyway I hope the parents and the “therapists” get sued to kingdom come.
From the Daily Mail article:
Rodger’s family called police several weeks ago after being alarmed by YouTube videos ‘regarding suicide and the killing of people,’ a lawyer said yesterday.
Police interviewed Rodger and found him to be a ‘perfectly polite, kind and wonderful human,’ family attorney Alan Shifman said.
BMW, college in Santa Barbara? Now the 1 percent are going on killing sprees?
“Police interviewed Rodger and found him to be a ‘perfectly polite, kind and wonderful human,’ family attorney Alan Shifman said.”
Sounds to me like the family was looking for legal cover. Police aren’t mental health professionals. Heck, even the mental health “professionals” don’t know WTF.
But the family knew. Oh, boy, did they ever know. They should have taken a tip from the Jay & The Americans song:
“Let’s lock the door and throw away the key, now!”
“Now the 1 percent are going on killing sprees?”
Here’s a photo:
http://picpaste.com/elliot-rodger.jpg
the Rodgers kid actually mowed down people. He hit two bicyclists with his BMW, killing at least one of them. Went right through his windshield. The entire windshield was aken out so you can imagine the impact force by speed of the car. Three people stabbed two death, one killed by the kid with BMW as weapon, two girls shot to death. Several hospitalized.
As someone who treats such kids (as a child psychologist, not psychiatrist), I have to say it is not as easy as one would think to keep kids like this locked up. It’s beyond challenging to predict which of these kids will actually carry out violent acts, and even if there is an apparent threat, it’s very difficult to get them committed. In his case, considering the specificity of the videos, I would say that he certainly could have been held for 24 - 72 hours, but then what? There’s no great answer for these boys. I have a young client who threatened to destroy a school. Everyone wants to know the answer to the million dollar question: is he capable of this? My answer: we’re talking about probabilities, and that’s about it. The secret service has been trying to create prediction models for years, but they never come up with anything useful: either tons of false positives, or false negatives. The best predictor of violence is a history of violence. The thickness of one’s case file is one of the best predictors we have.
As to the meds, I don’t know. The kids who are put on these meds are also ones who are most seriously impacted. That’s a major confound. I am grateful that I don’t have to make that decision on either the parent or the provider side. It’s a scary, scary predicament.
This is all to say I don’t know what one can do. A child with Asperger’s and a thought/mood disorder: Yikes. You’re ultimately talking about someone with a massively distorted perception of reality and very poor impulse control. Frankly, he shouldn’t have been allowed to drive. But then what?
I write all this not to disagree with the frustration and anger. I write it to say that placing blame on parents and therapists is probably not right. What do you sue the the therapists for? For not locking him up? That can’t be done. For not giving him the tools to function in society? I don’t know. 1 hour out of the 150 or so he spends every week is not going to turn someone who is psychotic into someone who acts rationally. And what should the parents have done? Kept him locked in the basement? He’s an adult.
Frankly, there should be readily accessible residential treatment centers for such kids, but good luck with getting insurance to pay for that. Jail? That’s where a lot of them end up anyway.
There’s no great answer for this. (My apologies for the rambling post, but this is something that interests me greatly.)
And he would have gone on to kill at some point even if he was a chick magnet.
Lionel,
So what is your opinion on this bunch of mass killings since 2000? Guns have been around for centuries. High schools in rural areas in the 40s and 50s had rifle shooting as part of the P.E. curriculum. Some accounts of boys who would take their rifles to school, place them on a rack before the classes, and collect their guns going home, as they would go shoot game to bring back for dinner to the family.
Something has changed significantly.
Obviously it is population. But I think it’s more than that. I don’t know what it is. I doubt Asperger’s syndrome has become a new phenomenon since the 90s. Or am I mistaken? What are the drugs such as ritalin doing to the kids?
All these ADHD kids can be cured by applying 2 policies at home: 1) Don’t feed them foods with refined sugar or added sugar - only feed them home made whole foods and 2) the man of the house must instill discipline. Like my dad did. A strong father role. Substituting drugs for lack of parenting because “dad commutes one hour each way to and from work and has no energy to be stern” - well that’s a friggin copout.
Those are good questions and valid comments, Bill. I have a good friend who went on an antidepressant years ago and reported to me one day that he had experienced significant homicidal thoughts. It scared the crap out of me, frankly.
Of course, the place to start with this discussion is: is there an increase in mass murders over time? Here is one person’s (hopefully data-based) opinion:
http://hereandnow.wbur.org/2013/09/23/mass-murder-decline
As to Ritalin, I’ve never seen that tied to homicidal thoughts or behavior. We’re looking more at anti-depressants and anti-psychotic meds that really have a (potentially) significant impact on thoughts and actions. It’s greatly complicated by kids on the spectrum. As a group, meds providers are rather loose in their prescribing. And unfortunately, if there’s a rare side effect for the general population, a lot of times we see it with these kids. (It should be noted that some of the sweetest kids I work with are on the spectrum - it’s usually the combination of autism and a mood or thought disorder that shows up in these pronounced ways.)
The best way for me to conceptualize individual cases is to consider risk factors. Michael Rutter did some pioneering research on this subject, finding that children can absorb a number of risk factors (poverty, depression, etc.) but when an individual reached 4 or more, the chance of increased mental illness multiplied by 20 or so. The more risk factors after that, and you’re in hot water. Having a mood disorder, thought disorder, maybe autism (I couldn’t tell from the video whether or not this kid was autistic - if he was, it wasn’t obvious), addiction to video games would have to be a risk factor, as would possible psychotropic meds, probably also other drugs and alcohol. But there may likely have been other factors at play.
As to ADHD specifically, I don’t know that diet change alone will alter a person’s working memory,processing speed, the kinds of things I test for. I certainly recommend to parents that they reduce refined carbs, but generally we’re talking about a significant core neurological issue. Behavioral support, exercise, diet and often meds alters the course of truly impacted kids. I certainly have worked with a number of kids for whom Ritalin had a positive effect. They tend to be autistic (along with processing issues), but one can certainly observe significant changes in behavior. It should be noted that there are often other factors involved beyond core inattentiveness; anxiety, depression; autism, etc.
So six innocent people were killed. May they rest in peace. I am sad for them.
Meanwhile the biggest mass murderers are allowed to operate as usual and encouraged. Of course, I’m talking about governments.
262 million people were killed by governments in the 20th century. University of Hawaii gets credit for the study.
http://www.hawaii.edu/powerkills/20TH.HTM
And we blather on about such an atrocity that was…get ready…STOPPED. But governments continue to mass murder and we think that’s okay.
The Calgary murderer was also a Eurasian male. Interesting.
Funny how Bill thinks that men should not marry the women they impregnate, yet he also believes that mental illness should be prevented by “the man of the house” instilling discipline. Make-a-no-sensie.
Somehow you are assuming by not marrying, the father will not be “the man of the house.” That he will be absent.
You assume wrong. Shame. I thought you were a consultant, consultants should have more logic than direct hires.
Lionel,
By the way, that is an interesting link. It’s encouraging that mass murder by civilians has dropped in half since 1991 in the U.S. And as the U.S. population increased over the last 24 years.
Still the mass murder by governments continues without any complaint.
Where is Cindy Sheehan to protest Obama’s drone killings and the continued war in Afghanistan?
There are 32,000 U.S. troops currently in Afghanistan. We were supposed to think of Democrats as doves. Egad we’ve been had!
http://abcnews.go.com/International/wireStory/obama-slips-afghanistan-visit-us-troops-23862136
I thought you were a consultant, consultants should have more logic than direct hires.
How’d you come up with that one? Or, to phrase it another way, what logic is there in that statement?
And Bill, you incorrectly assume that by not marrying, the man will not be legally obligated to his consort and bastard children. You also assume that the lady is going to let the baby-daddy be “the man of the house”, even though he refuses to marry into the family.
Shame. You should have a less-heightened sense of self-importance.
Therefore you are a statist. Without a thugocracy, there is no marriage. What a wreck you statists are. This is why far more men are libertarians than women. Many women want the force of the state’s guns to rule men (aka “marriage.”)
Big V, Your philosophy is statist. Without a state there is no “marriage” - plain and simple. Most women understand that. That is a big factor in most women being for big government - Hillary, E Warren, Obama, etc.
Your true colors show vividly.
Where do you draw the line between “society” and “the state”?
I draw the line easily: the state is permitted by society to initiate force against innocent people. Society regards initiation of force immoral if done from those outside the state.
That’s about the age when schizophrenia usually crops up. A lot of kids are misdiagnosed with various personality disorders. Then they grow up and the full-on mental illness kicks in, and everyone realizes that it wasn’t really Asperger’s or bipolar or whatever.
One of the factors - I read about maybe 15 years ago - is when the pregnant mother drinks too much alcohol. The alcohol affects the fetus. And the violent effects do not kick in, of course, until the male is in his late teens.
Perhaps it all is a numbers issue. The media makes a big deal about these sociopaths. And people blab about it in coffee shops, on twitter, on facebook.
Then when a government drone kills dozens of innocent people in Yemen no one cares.
Very true, Auntie Fred. I’ve diagnosed a couple of early onset schizophrenia cases this year by asking one simple question: do you hear or see anything that others don’t hear. You can get some interesting answers, and I’m of the mind that you should pay close attention to those responses. A lot of practitioners chock odd responses to imagination or protective fantasies. I’m a meat and potatoes psychologist - if someone tells me they hear voices or see Greek gods, I sit up and pay attention.
exactly my reaction when it was reported that the family sent the police over to check on him. I was like, he’s your kid, you know his problems, don’t EVEN insinuate that somehow the state should have done something to control him. now we know what’s worse than a mentally sick young male adult. a mentally sick young male adult with unlimited and unrestricted resources to do damage to innocents (the rest of us).
What’s REALLY mentally sick is the parents. I’ve had just about enough of this hand-wringing and apologizing and “Oh, we’re just so DEVASTATED, but we did try to warn people”. Basically they sicced their mad dog on the public, is what they did. And gave him a BMW. I hope the father never gets a film gig again. Maybe the porno industry will hire him, though.
Don’t blame he parents. This kid was not raised by parents. Blame the nannies.
Go to breitbart and read excerpts from his writings about his plans. If the cops would have searched his apartment they would have found the guns and writings and possibly put him on a 72 psych hold.
Another item to ponder: how come these mass killings were rare before the year 2000? Sure there was the shooter in the college tower in Texas in the 60s. Then the deranged Dahmer and Gacy and that black dude in Georgia who killed black boys. But the common denominator is now early 20s, parents know something is wrong but don’t commit the kid, had gone through counseling sessions, on some sort of prescribed pschychiatric drugs, aspergers syndrome. This is a pattern and how much longer are we going to deny it? Our government’s job is to protect us. And its job is not to restrict everyone’s individual liberty because of some crazed youth.
The criminally insane used to be committed. But that’s just not “done” anymore, it’s socially unacceptable. Drugs and “therapy” are the preferred method, not to mention letting someone who is a lost cause be able to be “part” of society, when they’re just not able to assimilate. We can see the problem here: for this kid, being part of a society that rightly rejected him spawned a murderous resentment. And yes, I realize that many of those institutions were hell, I really do realize that. But like I said, what’s the greater good? One guy locked away or multiple people dead?
Compassion can be taken just a tad too far. This kid was an obvious psycho to his family, but able to fool the police. Ted Bundy type.
Good point. But again I worry that all people who are individualists will be deemed suspect.
Myself, I am very different from my work peers for example. Single, in my 50s, no kids, no real estate, not interested in relationships, don’t spend much money. Definitely I should be locked up! However, I have a lot of money and can retire now. I am devoted to fitness and nutrition as my first priority and career as second.
“They recommended Euthanasia, for nonconformists everywhere” - by the rock group Asia.
I did. Sadly an ex girlfriend of mine is battling stage 4 kidney cancer. I keep tabs on her. She has a good network of friends and that is helpful.
You don’t gotta lock up individualists to get the paranoid schizophrenics who can’t take care of themselves off the streets. Thanks Geraldo.
Exactly. It’s not individualists who are the problem, it’s psychos.
But, I do believe that sometimes people who are a little off, but otherwise not dangerous, are sometimes secretly and anonymously picked up off the streets and messed with and then turned loose. Or otherwise experimented with. Wouldn’t be surprised if that had happened to Holmes.
Ooops, sorry, Ben. As usual my potty mouth got the better of me. Deletion noted.
And it’s not just young men, here in the Tampa area this sad excuse for a human being was recently convicted of murdering her children:
http://en.wikipedia.org/wiki/Schenecker_double_homicide
This case was another example where a family member, in this case the POS husband, knew something was very wrong, but left his children in the care of his psycho wife, who was on a cocktail of drugs and seeing more than one shrink.
See, they don’t give these people stuff like Valium or Miltown anymore, oh no, that wouldn’t be any fun. You gotta give them stuff that will drive them over the edge, instead of taking the edge off.
The criminally insane used to be committed. But that’s just not “done” anymore, it’s socially unacceptable.
People are still locked up. Those you who have who have been railing on about the Constitution should be concerned about that.
What I’m concerned about is that many times those who shouldn’t be locked up, are. And those who should be locked up, aren’t.
People are still locked up.
A walk around any downtown area tells you different. There are tons of drug and alcohol addicted mentally ill that are not locked up. Our system spends billions but doesn’t help any of these people. Eventually, if they commit serious enough crimes, they get locked up for a short while with criminals. The “homeless” dollars go other places including to pay to put welfare moms in Section 8 in neighborhoods where housing prices are propped up by the Mo Credik types.
And anybody that believes that in 2014 we cannot CURE drug addiction (not rehab) is being deceived.
http://www.youtube.com/watch?v=F-t8PngHgWY - 127k -
Our government’s job is to protect us. And its job is not to restrict everyone’s individual liberty because of some crazed youth.
Predictions are notorious for their inaccuracy. Predicting that someone will murder someone else just because he’s nuts — that prediction can also turn out to be wrong.
More clogged tear ducts
Dad of Santa Barbara Victim Sobs and Rails Against Son’s Death …
abcnews.go.com/…/05/dad-of-santa-barbara-victim-sobs-and-rails-against-sons-death/ - Similar pages
15 hours ago …
“More clogged tear ducts”
+1 Hehe, good call.
BTW, don’t they have hair/beard coloring kits?
Worst actor yet.
In a crowded field, he beat out the Cowboy and “Do you want me to read the card” for the Racso.
So it was Wednesday night and I was bored so I decided to do some channel surfing and I happened across CNBC’s T.V. reality show called “Money Talks”.
And I learned from the show that supposedly some people were willing travel all the way to Las Vegas so as to get this Steve Stevens guy to advise them on which sports teams to bet on and in return this Steve Stevens guy will get to latch on to fifty-percent of any winnings.
This is worth repeating: The money man puts up the money and Steve Stevens gets fifty-percent of the winnings!
But of course it’s all a scam, in more ways than one. Go here to see what I mean:
http://www.businessinsider.com/cnbc-betting-show-star-fraud-2013-7
It is a winning situation for Stevens. A shameful scam.
“It is a winning situation for Stevens.”
And for Vegas. These so-called “reality shows” are nothing more than informercials designed to hype something-or-other.
In the case of Money Talks what was hyped was the concept of easy money - easy money for the marks.
But the true reality of this reality show was the easy money ended up being for Steve Stevens, for CNBC, and for
Las Vegas in general.
And, of course, the ultimate sources of all this easy money were the marks.
capital gains from stocks and homes will continue to drive the economy well into the future.
Unless there is another stock crash or housing crash before that “future.”
“capital gains from stocks and homes will continue to drive the economy well into the future.”
Yes! The magical power of leverage awaits those who are smart enough, are man enough, to dip their hands into the money pile and extract their full share.
Visit your local banker and MAKE IT HAPPEN!
why save any cash in a bank account?
You have to be in assets to get any kind of return.
Be smart enough to see bubbly asset prices and look for value in another asset classes.
Is there any asset class out there right now where you see value?
The FED likes to create value for wall street every so often.
Smart money considers his cash as a temporary form of wealth and to be converted to another asset class when that asset class crashes.
Be smart enough to see bubbly asset prices and look for value in another asset classes.
Yet somehow this never happens. Look at all those losses in the last stock market downturn that anyone could see coming a mile away. People lost half of their portfolios. Now everyone is brilliant again.
I hope I am being brilliant as I have been selling batches of my biggest gaining stock over the last year. A friend of mine who has been promoted to director of that same company a year or two ago seemed please when I told him I have over 4,000 shares.i did not tell him I had and sold 6,000 more shares over the years. 2,000 of which I sold way too low but realized a good gain still. Need to be on good terms for them to get me s good consulting gig in a couple years on west coast.
Real Estate Goes Global
http://www.newyorker.com/talk/financial/2014/05/26/140526ta_talk_surowiecki
The take-away in my view:
When price-to-income or price-to-rent ratios get out of whack, it’s often a sign of a housing bubble. But the story in Vancouver is more interesting. Almost by chance, the city has found itself at the heart of one of the biggest trends of the past two decades—the rise of a truly global market in real estate.
So just because prices look out of whack doesn’t necessarily mean there’s a bubble. Instead, wealthy foreigners are rationally overpaying, in order to protect themselves against risk at home. And the possibility of losing a little money if prices subside won’t deter them. Yan says, “If the choice is between losing ten to twenty per cent in Vancouver versus potentially losing a hundred per cent in Beijing or Tehran, then people are still going to be buying in Vancouver.”
This article mentions Ca as well.
“Real Estate Goes Global”
And liars are local.
Yes. From our perspective it is a bubble. And yes the huge army of rich Chinese could continue to increase the house prices in the areas where they cluster.
So far they don’t like Phoenix so much. I hope that stays that way. Their bubble will crash at some point in Vancouver and the coastal California cities. And when that happens it will be deeper than 2008 and affect high end real estate all the way to cardboard box real estate.
You can rationalize, but you can’t make a mania logical. The Chinese will run just like the Japanese did when their bubble burst.
Blue
So true, but in the mean time it prices out the US middle class. That’s the bummer.
Personally, I’d like to see (dare I say it) protectionist policies. The world is flat, but we need to iron it?
but DO we need…
Who cares if “the middle class priced out”?
Rent
Sad to see it price out middle class Americans whose ancestors have been here for many generations. But you cannot argue against the notion that the Chinese overseas asset buy ups are a mania. This is the reason to rent if you are in the very same places they cluster.
The bubble (mania) is nationwide.
Priced out? Is that like “forced to pay too high a price”?
Actually when you think about it, renting is cheaper in the bubbliest of cities. By “renting” I don’t mean always having only a SFH. A multiple unit apartment complex (out here in the west you “rent” apartments…I understand in New York City you “buy” an apartment).
So renting is an alternative choice. Since you can either buy or rent, and particularly no one does this by gunpoint there is no “force” involved.
They are only worth what they are when you sell. So when you make several hundred percent gain on something you should not hesitate to sell at a whim and park in cash. You don’t have to sell all when you have stocks. You have to sell all when you have a house. Which is another reason to not count in a house as a way to get wealthy.
Dreaming of moving to Colorado. To be near the mountains and sunny skies. YOLO. What keeps me from going? Stuff. I have too much stuff to move for starters. Then there is the job and living space thing. But in order of holding me back, it is stuff, yeah too much stuff I own.
“Dreaming of moving to Colorado.”
My sister’s similar dreams were formed during our childhood vacation trips to Colorado. Now she lives in downtown Denver and regularly hits the ski slopes during the winter.
There is something to that old saying, ‘If there is a will, there’s a way.’
My dad cautioned me to never be a slave to your possessions. I never questioned him on why he had a lot of material possessions. Because I knew he would grin and tell me because it made his wife and us kids happy.
I am a slave to my possessions right now. For the last year it hasn’t made sense for me to have two residences. But I want to go back into consulting in three years. I have great contacts in my old staffing firm and I maintain those relationships.
…Gosh this coffee I made is so delicious!
“I am a slave to my possessions right now.”
“Freedom’s just another word for nothing left to lose.”
“And you ain’t nuttin’ if you ain’t free.”
WHAT? You mean your dad bought your mom instead of renting? How’d that work out for y’all, Bill?
bitter much?
Hey dude, don’t get all snippety just because people throw your hypocrisy in your face.
I suppose you are the one around here who considers something hypocricy. I consider it bacon and eggs. Someone else will consider it a refrigerator while another would consider it a national anthem. Get my drift?
At $250+ per square foot, buying a used house in Denver isn’t worth it.
My sister bought her place before the Echo Bubble went parabolic / hyperbolic / or whatever. And it was also mainly a lateral move as she sold her old condo in The Springs to fund her move to Denver.
Freeze your @ss off in ME or in CO. :shrug:
For me it’s the time span of being cold; enter northern latitudes. A former co-worker is in Williston, ND, which makes the Columbia Basin look cozy on a comfort scale.
Freeze your @ss off in ME or in CO. :shrug:
Denser more humid air is much “colder” than dry high-elevation air at the same temperature. Specific heat capacity. You can wear a jacket in CO at temps you’ll want a parka for in ME.
Living on a boat for a year or ten is a good teacher in what stuff you actually need. It isn’t much.
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6 hours ago
Just came from the traveling Vietnam Memorial. It was a somber experience. To all the vets on the HBB “Thank You for serving”.
My niece is on her way to Vietnam as I type, in the Marines. She finished college and got a bug to serve this once great nation. I zippered my lips.
As someone here said “This country is a mere shadow of it’s former self.” Well said.
bug to serve
I am sad to say this farce is still alive. Serve the banking class and morons in DC more like it. Eff them!
“This country…”
That does give one pause. As if the country just exists out there without us. A fortune of a lifetime spent on a tiny house and only complaints about liberty.
So, um, I’ve been posting in the wrong bucket all day again.
“Auntie Fed, why won’t you love ME?”
Maybe so. Bits and Pieces. Kind of like processed food. Take 2 antacids and call me in the morning.
Ska Brewing Company, Durango, CO - Modus Hoperandi:
http://www.beeradvocate.com/beer/profile/923/48243/
Ska… those were the days.