Bits Bucket for May 26, 2014
Post off-topic ideas, links, and Craigslist finds here.
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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Name:Ben Jones
Location:Northern Arizona, United States
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Traffic was crazy in Northern California yesterday. Four and a half hours to go 110 miles. I have not seen that problem since……..2007.
Was there a wait at Applebee’s?
Did you have time to go to Home Depot?
http://www.youtube.com/watch?v=7ZYsoEwWNK0
Isn’t Applebys the one that is getting rid of staff by using tablets installed at the tables? Or did the servers all just quit to work in real estate?
Speaking of Home Depot, I just discovered that a “gallon” of paint holds 120 ounces. Inflation isn’t just in the grocery store.
Thats not inflation Mz Craterton.
Well technically no, it’s not classic inflation.
As it turns out, I was probably wrong. My gallons of pre-mixed white are 128 ounces. My 120 ounce gallon was tinted. I think the 120 ounces was tint base and they mix in 8 ounces of color. So overall I’m buying 128 oz of mixed paint.
Technically or otherwise it’s not inflation.
Still throwing good money after bad eh?
We were just talking about how restaurant volumes are so much stronger than 2009, when no one was eating out…..although we were at a BBQ at a friends house….
HD sales growth slowed….with the slowdown in sales of new and used homes. Might be a good time to pick up a few shares….
“restaurant volumes”?
LOL…. You’re a bonafide fraud J._Fraud.
A collection of realtors talking about restaurant volumes at an imaginary cookout.
Realtor 1: Jumpin Jehosephat the market is dead.
Realtor 2: Yep.
Realtor 3: Prices are dropping and inventory is just sitting
Realtor 4: Here we go again.
Realtor 5(Jingelberry): But dang, have you seen the wait times at Abblebys? It’s much busier than in 2009, five years ago, when no one was eating out.
Realtor 2: Yep.
So much borrowed equity is churning this recoveryless recovery, there’s a waitlist just to get on the waitlist at Applebee’s.
And the manufactured “recovery” loses what little credibility it had.
Look out below and sell now.
You want to honor a Veteran? Go out and do something that takes some discipline instead of just planting a flag.
true
Where in NorCal? I wanted to know if anyone here is familiar with Ukiah at all. Curious what it’s like, don’t need jobs info or anything like that.
I have driven through there before. I think it a lot of the rest of the north coast area. Going downhill as the timber industry slowly is gutted and towns turned into weekend getaways for silicon valley.
I drove through Ukiah once. Nothing special about it. Small town. Maybe like driving through Lodi, except Ukiah is in a tiny valley with lots of mountains around. A tiny version of Santa Rosa, also not “mucking futch.”
Not “mucking futch” sounds OK to me. Small town, nice scenery, some green space, decent temps. What’s not to like?
The entire economy depends upon illegal marijuana growth, sales, and distribution. Sound good? Enjoy.
I thought that was Humboldt County, not Mendocino. I did read some warnings about being careful where you hike, though.
Mendocino County borders Humboldt County. The marijuana industry in that region doesn’t care about county borders.
Per Wikipedia:
“In 2000, Mendocino County voters approved Measure G, which calls for the decriminalization of marijuana when used and cultivated for personal use.[24] Measure G passed with a 58% majority vote, making it the first county in the United States to declare prosecution of small-scale marijuana offenses the “lowest priority” for local law enforcement.“
More:
“The county is noted for its distinctive Pacific Ocean coastline, Redwood forests, wine production, microbrews, and liberal views about the use of cannabis and support for its legalization. It is estimated that roughly one-third of the economy is based on the cultivation of marijuana.“
You can include Trinity County along with those two as the big three in marijuana production. They call them the “Emerald Triangle.”
Per Wikipedia:
http://en.wikipedia.org/wiki/Emerald_Triangle
A sister of mine lived near Mendocino for five years. She said there are some people there who think the 60s never ended (peace, love, sex, drugs) and continue the lifestyle. I imagine some of them are third generation hippies now. 20-somethings who wish they were put back in time 45 years.
Same sister - her ex husband grew marijuana in a closet back in the disco era. I saw the plant. About 5 feet tall. Entire closet lined with aluminum foil. A grow light put in. Voila! The plant looked healthy.
To be fair, I actually like that area of northern CA. If I didn’t need an income, I could find some neat places to live.
Yah, I’m thinkin’ toe tag home these days. Not that it’s toe tag time yet, but looking for a place to land with a more or less moderate climate, some space, some peace and quiet and maybe some interesting folks here and there. A place I’d like to stay for the duration.
As to Bill’s comment, funny he should mention, but what got me started was a little trip down memory lane with the Doobie Brothers. Heard the song Ukiah and was interested why they thought it was anthem-worthy.
I’m not particularly a fan of California, but it does seem that certain parts of NorCal still have some areas that are not over the top expense wise.
Guillotine Renovator. You are right. I first visited that part of the coast back 12 or 13 years ago. To me, that part is the quintessential “California.”
I need to build up a lot of crypto currency, precious metals, and US Treasuries and my Roth IRA and 401k first before going up there.
My former supervisor from when I started out working lives up there. My sister somehow chanced upon meeting him and not knowing beforehand who he was - a small world story. Guess that’s where he “retired.”
Many people like to bash it, but I like California. I’ve met a lot of interesting people there. Along with Washington and Oregon, I think it’s in the top 3 in terms of natural beauty. Very diverse geography. Not much a fan of the Inland Empire or Central Valley areas, but to each their own. A few other areas worthy of consideration, IMO, are Placerville and Pollock Pines. Might look into those, jose canusi, though the latter gets a little snow sometimes in the winter so the climate might not be up to your standards. Also, check out Nevada City.
Just about anywhere on California State Rte 49 is nice. That road used to be called “The Golden Chain.” Maybe still is. Because it’s gold country.
Colombia, Twaine Harte, Mariposa, Ahwanee, Placerville, Angel’s Camp, maybe Sonora, all neat rural foothill places. My preference is Coarsegold, Oakhurst, Bass Lake, and North Fork, as I spent part of my childhood in that area.
As a bonus, they are above the fog belt and it does not get too much snow in those areas to make you snowbound more than two days. A foot of snow is not unheard of on some winter storms.
My dad hopped boxcars on trains at 16 and made his way out west and checked out those areas in 1937. He was strong enough to defend himself with fists, if needed.
Bill:
How come you have talking so much about your dad lately? You never talk about your mom.
My mom was great. She passed away six years before my dad. And I think that is somehow why I felt more closer to my dad because I took our parents for granted and we survivors became closer to each other after the unexpected death of my mom.
My mom had common sense and she would always get upset when one of my sisters would forget about paying her own bills such as car insurance.
She was not strict, and maybe that is also why I remember my dad more.
The most valuable lesson my mom taught me, I use to this day: Avoid conflicts. Walk away from them. In fact, conflicts raise my blood pressure to this day, I’m sure. Of course, I’m talking about in-person relationships. At work, and such. I really take after my mom in that area.
shoot. I wish I was not so personal. School marm must have a thick scrap book about me to turn into her fellow thugernment types in Washington D.C. by now.
Your mother would get angry with her female children when they would miss a bill, but not her male child? Did your mom pay bills too? Maybe she was jealous of her daughters, so she treated you like you were better, and that’s what led you to think that males should take advantage of females.
Freud had a similar problem.
Don’t tell me what my mother would have thought.
geesh
“Freud…”
That sick bastad. I had a literature prof in college who was so obsessed with Freud that all of the literature we were assigned to read was chosen carefully to prove “Freudianism” and the bluebooks better have supported the Freud interpretation or you would not pass. Sick bastad.
“jealous of daughters.” holy sheet.
You know nothing babe. Nothing. Sicko.
Bitter much?
Are you guys secretly in love?
To Guillotine Renovator and Jose - thanks so much for those luscious sounding place names in Cali! Pollock Pines - Ukiah - Placerville - Nevada City! They sound like the very antithesis of the Berkeley types. Is our ahansen round about those parts? The way she used to describe where she was, it sounded like the Wild West, and that’s what those place names sound like.
Bringing it back to housing. My next Oil City prospect in the Shenandoah valley - which I’ll see this weekend - is OLD and unkempt, has a bit of land and a STREAM!!! Its greatest attribute is that it has a real old-fashioned front porch and I can write a check for it. Since it has tenants, it must be habitable. At the least, it has GREAT bones and the original room layouts have not been changed - big pantry, mudroom, ??canning room?? It seems in the late 1800s, a LOT of square footage was given over to food preparation and preservation. Suits me fine, I just like the air of those old places - the layouts evoke lives that were very much more boots on the ground.
Fencing is expensive and requires maintenance, neither of which is attractive. I’ll plant a so-called “living fence” - osage orange, blackthorn or honey locust seedlings that are turned on their sides to overwinter, whose branches grow up vertical in the spring, and are interwoven over three successive growing seasons. Supposed to make an impregnable fence, and provide cover for birds, chickens, etc. Making the perimeter furrow and planting the twigs to begin with must be a b*tch. I’m already ticked off about it.
George Washington made a study of living fences, having become alarmed at the deforestation precipitated by wood-burning for heat, and split rail fences. He favored honey locust. The famous Irish Shelaleghs (??sp??) are made out of blackthorn branches. Osage orange is quite prickly. Dogs, chickens, and whatever else will be in the ultimate ecosystem will not be inclined to wander out.
GW’s journals reveal frustration over his failure to get his plantation managers to actually do the initial planting and tending. There has GOT to be some mechanical thingie I can rent to make ONE furrow, one time, over a perimeter.
Switch from house to garden: I have heard guineas make excellent watchbirds, provide outstanding insect, rodent and snake control, and eat weeds as well (while somehow paradoxically leaving the desired produce unscathed). Evidently, you’ve got to maintain enough of them to act in concert. At least two dozen, it is said. The prospect of hand spading a garden plot prior to tilling and planting is so exhausting that it also ticks me off.
I’m going to spend the first year of my prospective escape to Oil City being blistered, bloody and PO’d, lol!
You’re welcome, jane! I’d like to hear more about your Shenandoa prospect, and your living fencing ideas, etc.
Since it has tenants, it must be habitable.
Brings to mind a funny thought…that different people might have different definitions of “habitable”.
Sounds like an interesting place. If you haven’t read any of Joe Bageant’s books I’d recommend reading Rainbow Pie before you write a check. He grew up around there and wrote about it, both the good and the bad. Might be helpful to understand the mindset of the neighbors and the nearest townfolk.
Carl! How great to hear from you! I think it was you on HBB who first turned me on to Joe Bageant - I immediately ordered Deer Hunting with Jesus and devoured it with relish (so to speak). And bought eight subsequent copies (you know, on those Amazon used price chop deals) to give away. All of which I’ve given away, and all were delighted to have read them.
Carl - if the house can be squared, floored and insulated; if it has no obvious signs of structural rot or asbestos; I’m in. Living there’ll save me a minimum of $1000/mo.
As you can attest, there are educated people everywhere who are making the same decision. I’m basically pulling your move - but without the option of living low in a commutable low rent community. Such are not to be had in metro DC.
I do need to run the numbers on renting a room in the event I need to be present over successive days of a program review.
“Traffic was crazy in Northern California yesterday.”
Lots of big spending “west-siders” passing through town on their way to Sun Lakes. Even the boat trailers have custom wheels; feels like 2004 all over again. Easy credik.
Actually, it was traffic going the other way….into the city.
Actually, it was traffic going the other way….into the city.
+1 True. Friday they were headed to the lakes, and today they’re headed back toward the metro. Work.
The traffic was Saturday headed into the city. I guess I need to be clearer with my posts….
This weekend was the first time I drove around the Bay Area in a decade. I have to say the traffic in the East Bay was just like it was at the peak of the bubble, if not worse.
Marine Le Pen’s far right National Front scored a stunning first victory in European Parliament elections in France on Sunday as critics of the European Union registered a continent-wide protest vote against austerity and mass unemployment.
http://uk.reuters.com/article/2014/05/25/uk-eu-election-idUKKBN0E40Q620140525
Europe turns right.
‘Europe turns right’
Of course, it’s “leftist” who want austerity and mass unemployment. What happened yesterday wasn’t left or right. It was a defeat for Globalists. I don’t know much about Le Pen, but the politics behind this were people being sick of the EU. The elitism, the taxation, the immigration, the loss of national sovereignty.
And the only benefit, as their betters told them from on high, was they would be piggish little racists if they even considered going back to having a nation state. Not much more than that. Globalism went, as planned, from telling them how to cut their cheese, to opening their borders and twisting their arm to bomb Syria.
What stuns me is, we don’t even talk about globalism in the US.
“What stuns me is, we don’t even talk about globalism in the US.”
That’s because the MSM directs all of our attention to the doings of the Kardashians and other equally important stuff.
The Germans may be using a long term Brer Rabbit strategy. Don’t throw me into that EU, then when you are in weaken it past the point of where it’s dysfunction can be corrected. Then swoop in once things collapse and gather everything under your jackboots from people who will willingly give you the power to save them.
Maybe the same is going on here also.
That sounds unlikely. I’ve read of opinion polls in Germany in which large numbers of Germans would prefer that their country be more like Switzerland.
Large numbers remember the good old days also, I’ve read.
It’s no accident that the poor countries want to join the EU and the rich countries want to leave. The global FSA at work. And as long as the very rich can extract some wealth and hole up, they will let it go on.
“What stuns me is, we don’t even talk about globalism in the US.”
People do talk about it. It’s just not disgust in the MSM. It’s an evil phenomenon, IMO, and it’s meant to progress toward totalitarian “one world” government.
Washington seems to want it both ways. Globalism when it comes to corporate profits and banking and such, nationalism when it wants to beat the drum against other countries.
Globalists in the US are nothing but traitors. Globalism is a banking thing. Good for Europe. Maybe Golden Dawn will make a comeback in Greece, instead of being branded as Nazis.
What I mean is it’s not discussed politically. When was the last time you heard an elected politician criticize the WTO, or Nafta? In Europe, they have seen entire new parties established to fight against it, mainly because the established parties are doing everything they can to force “integration” on the people, even when it’s clearly not working. Remember when the Goldman Sachs guys were put in charge of countries by bureaucrats in Brussels? In Greece, 50% of people under the age of 25 are unemployed, years after austerity measures were imposed, again, by EU technocrats.
It’s clearly not working for the US either. Yet there isn’t a peep about it in DC. You know you are getting screwed when the people in Washington completely agree on something. And the 2 party dictatorship keeps it that way.
The immigration issue is about dissolving national borders, there and here. I didn’t come to that conclusion. I read it in the globalist’s magazines. That’s right; they have openly stated what they are up to for decades.
“It’s clearly not working for the US either. Yet there isn’t a peep about it in DC. You know you are getting screwed when the people in Washington completely agree on something. And the 2 party dictatorship keeps it that way.
The immigration issue is about dissolving national borders, there and here. I didn’t come to that conclusion. I read it in the globalist’s magazines. That’s right; they have openly stated what they are up to for decades.”
“Washington” is no longer part of the US. I make a strong distinction between the two entities. It’s pretty much become an occupation government. And the immigration issue is about dissolving national borders, yes, but also about engineering a “new” people, if they can do it.
Globalists are traitors, nothing more, nothing less. And should be so designated.
They want to dissolve the border with Mexico to get those cheap truckers to deliver all of our goods, amongst other cheap labor ideas. I say open up the border, then take over Mexico. I know it won’t happen, but I’d be all for it. Then, legalize drugs and watch the cartels disappear into oblivion with no human smuggling or drug trafficking to line their pockets.
Low election turnout because they were all down the Pound Pub?
Hic
Europe turns right.
It’s nationalist socialist, which really is Fascism, which is explicitly crony capitalism combined with racism. Don’t be fooled. Europeans want to rid their countries of non-whites, especially if their religion is Islam. They don’t like jews either.
The National Front is not for capitalism at all. Difference between capitalism and crony capitalism is state-allowed monopolies, subsidies, etc.
Gotta admit, Airbus is a very good product though.
Boeing is nearly a department of the government itself.
That’s one thing I agree with you on. Cannot think of much else.
Santa Barbara slayings: Gunman pounded on sorority house’s front door in hopes in hopes of shooting someone and, ‘fortunately, no one opened’
What does infowars say about this event?
It really is an odd scenario. Was there no other door, no windows? Did somebody read a card?
The guy was out for blondes. Nasty little piece of goods, from what I can tell. Truly hateful. Parents should have exposed him on a mountaintop when he was born.
Mental illness my patootie. He was just evil. Some people are like that.
I mean, the guy wasn’t bad looking by any means. He had entertainment industry connections and drove a BMW. He should’ve been a chick magnet, but I’d be willing to bet his personality was so repellent the girls started backing off from a mile away.
I got a kick out of RamZPaul’s comment about how when he was 22, he had a 1972 Datsun and he was gettin’ plenty. And RamZ is way nerdier than this guy was.
He had affluenza, lighten up on the kid. Doncha no that 1%ers can’t be expected to live by normal rules?
There are always going to be people like this, and there are always going to be mass killings. Get used to it.
Lizard brains rule in some human brains!
Temecula, CA Housing Inventory Balloons 176% As Buyers Exit; Prices Crater 10% YoY
http://www.movoto.com/temecula-ca/market-trends/
Why would pay more than new construction cost ($55 per square foot) for a rapidly depreciating 20+ year old resale house?
Because that resale house sits on land that is probably worth at least $75/square foot. You’re buying a commute as well as a structure.
Encino, CA Housing Prices Plunge 25%; Inventory Balloons 67%
http://www.movoto.com/encino-ca/market-trends/
Year over Year Housing Demand Cratering In 27 Florida Counties
http://www.zillow.com/local-info/FL-home-value/r_14/#metric=mt%3D30%26dt%3D1%26tp%3D5%26rt%3D4%26r%3D14%252C2964%252C1561%252C2993%26el%3D0
Bonita Springs, FL Housing Prices Collapse 33% YoY
http://www.movoto.com/bonita-springs-fl/market-trends/
Hillsboro Beach, FL Housing Prices Plunge 22%; Inventory Skyrockets 38% As Sellers Panic
http://www.movoto.com/hillsboro-beach-fl/market-trends/
Housing Debt Still Traps 10 Million Americans - ABC News
abcnews.go.com/…/wireStory/housing-debt-traps-10-million-americans-23796428 - Similar pages
5 days ago … Nearly 10 million Americans remain financially trapped by homes worth less than their mortgage debts
And tens of millions more homeowners who will never recover from paying a massively inflated price for what is always a deprecating asset and a horrible “investment”.
The Great American Dream Machine …
Bahahahahahahahahahahahaha
It’s turned into a Banker’s Dream Machine.
Bahahahahahahahahahahaha
Amy, bring me some more dreamers and I’ll give you a cookie.
Bahahahahahahahahahahahahahahahahahaha
Checking my zip code…
In early spring there was very little inventory and it went under contract fast. Since then, inventory has doubled, but from a very small number to just a small number. Inventory is still small compared to years past.
This new inventory is not selling well. Many prices are above the Zestimate, which is already skewed. Prices are going to have to fall a little, especially the ones above Zestimate. People who need to sell will have to drop prices some. Those who don’t need to sell will just pull from the market.
There are almost as many pre-foreclosures as there are conventional sales. Pre-foreclosures are in the legal process, so they will eventually go on market. However, I don’t expect these houses to be snapped up by families at fire sale prices. They are usually trashed, sell for a deep discount to a renovator, and are re-listed at wishing prices. Most people don’t fall for it, but you only need one, right?
Nothing tells a story like those pictures. It’s easy to see which houses are families who have to relocate, which houses are *ahem* “self-deportations,” which houses are former self-deportations turned HD flips, and which houses are grandma-died. The houses in more exclusive nabes lean toward grandma-died.
Yet the fact you paid a 200% premium for a depreciating asset will never change.
In Sacramento in December 2008, the median price was 228k, it is now 257k. 2008 was far from the peak (Jan 06, $363k) and far from the bottom (Feb 2012 164K).
What will a 10 percent drop do? I’d hate to be leveraged on 10 properties in that market.
“Prices are going to have to fall a little, especially the ones above Zestimate.”
Falling prices translate to vanishing equity. You should think of cashing out your equity now, while there is still time.
Visit your banker today and make it happen!
My mistake, current median in Sacto is actually $241k, not 257. If you bought before October 08, you are underwater.
Those who don’t need to sell will just pull from the market.
When you wish upon a staarr…..
The prices were driven up by “investors” who all need to sell now because there are no more greater fools. They bought in order to make some outsized bubble profits and if they don’t sell quick now they will make no profits. And this time when prices drop there won’t be any new set of investors to rescue it because the jig is up.
Welcome to the Melting Snowcone market.
It’s wild card for sure. Investors bought cash, so they don’t risk foreclosure. The could keep the house forever. But how do you appease the wrath of stockholders? Do you sell now and say that’s the best you could do? Or do you hang on and wait for inflation gains, which is NOT what the investors signed up for. (And if you wait, you put yourself in a race with the deterioration of the house.)
Or do you do what that lame-brain rental company did, and base the profit forecast off of a 5% rent increase each year? Stupids. They spend decades figuring out how to underpay employees, and then try to make a profit off of workers who are underpaid.
They didn’t buy cash anymore than you did. It’s OPM.
Unless they are backed by the Fed, hot money will leave in a hurry, not sit on a deteriorating asset long term. Having “investors” juice the housing market is going to have consequences on the downslope.
We are not in an inflation. That was the period 1952 to 2008. This is what comes after the big inflation. Buckle up.
Get out of debt.
The lame-brain investment companies who can’t make a profit would be sued by shareholders and forced to sell if they didn’t do it willingly.
“The lame-brain investment companies who can’t make a profit would be sued by shareholders and forced to sell if they didn’t do it willingly.”
Except for these guys, American Homes for Rent (AMH).
They have yet to show a profit but, hey, hope springs eternal.
http://finance.yahoo.com/q/is?s=AMH+Income+Statement&annual
When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will crater before you
If your head is in a dream
No request is too extreme
When you wish upon a star
As sellers do
Fate is kind
She brings to those who love
The sweet fulfillment of
Their low-priced longing
Like a bolt out of the blue
Fate steps in with the trash-out crew
When you wish upon a star
Your low-ball offer comes true
Leslie Appleton-Young is a liar,
But she brings to those who sire
The sweet fulfillment of
Their low-priced longing
Like a bolt out of the blue
Fate steps in with the wrecking crew
When you wish along with NAR
Your BK comes true
Goodjob on the song. I imagine it is sung to a background d of donkeys braying to high heaven in the background.
the fundamentals of housing remain in place.
Good morning $hitHouse Poet. Lol
… and it’s a good thing that it does.
A mortgage: The gift that keeps on giving.
Bahahahahahahahahaha
A government backed and subsidized mortgage!
Yes! It doesn’t get much better than this!
Re-elect all incumbents!
“Re-elect all incumbents!”
Do you mean the elected bunch that got us into this mess are the same ones who are supposed to get us out?
Shirley, you are joking.
Re-elect all incumbents!
Maybe on the theory that it will hasten the inevitable crash.
It’s like I tell people with petitions out in front of grocery stores when they ask am I registered to vote, “why would I be, that just encourages them.”
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.
I liked Auntie Fed’s question. Hope she learned something from it.
The state is permitted initiation of force, in essence. And this permission is revocable.
Re-elect all incumbents!
Bill doesn’t believe in voting, but he does believe in civilization.
When society gives the state the right to use force against people who might assault Bill or steal from Bill, it’s good. When society gives the state the right to use force to prevent Bill from skipping out on taxes or his would-have-been family, then it’s bad.
This is akin to Bill being against marriage, even while he takes it for granted that his own dad married his mom and took responsibility for his spawn. If Bill’s dad had not done this, then Bill’s mom would probably have declined to create Bill.
It only makes sense once you realize that Bill is the center of the universe. He is the only person who matters.
Thanks for explaining your own fantasy.
But sadly again you have it wrong.
Try again. Maybe in 20 years you will be a libertarian.
It’s all about you, dude.
Bill Auntie Fed is a chick and creating DRAMA is crack for chicks.
“DRAMA is crack for chicks”
- ain’t that the truth, although I was shocked, SHOCKED to find out a male coworker in the 1980s loved soap operas and would record them on his VCR. I never heard of men liking those drama crap shows before that.
Bill and SUGuy are misogynists, and creating misogyny is like CRACK for them.
Boy, Auntie Roo
You are on a roll today aren’t you?
SUGuy, sorry she swept you into her web. You did not notice the red hourglass on her?
Soap operas are well watched in prison. Bite sized drama.
SUGuy, sorry she swept you into her web. You did not notice the red hourglass on her?
Bill I know why we are single. However there are women who can use their personality as birth control. she reminds me as one of those women.
SUGuy:
No female would ever want to bear your kids, since you’re a guaranteed loser, so it should be fine.
No female would ever want to bear your kids, since you’re a guaranteed loser, so it should be fine.
You just proved my point babe.
The narcissistic male, when confronted with a female who wants none of him, threatens to withhold himself.
IT’S ALL ABOUT YOU, DUDE!
“Soap operas are well watched in prison. Bite sized drama.”
I prefer the Mexican soaps. I don’t understand Spanish, mind you, but the dialogue is of little importance. Ay, caramba!
The narcissistic male, when confronted with a female who wants none of him, threatens to withhold himself.
IT’S ALL ABOUT YOU, DUDE!
Subconsciously you are attracted to highly educated successful rich guys like me. It’s just genetics honey. We are a bunch of confident, alpha males, with a sense of humor that can provide and protect the females. Females genetically seek guys like me. You can’t help it. It’s all evolution. Don’t fight it just accept it as proven science. Got it babe??
LOL SUGuy
This is prime time internet folks!
When you think about it, every election day the voters become the fourth part of the government and they initiate force against society in the form of choosing the agents in the legislative branch and executive branch (on years divisible by 4) to carry out the initiation of force.
The means of initiating force is immoral. This is the argument voluntaryists make against Libertarians (capital “l”).
Democracy is not moral at all. A majority has no right to violate the minority. The smallest minority is the individual. There are no group rights. The individual only has rights. “The Right to Ignore the State” is one of them - google Herbert Spencer.
Your rights are protected by the bill, Bill.
No they are not. That is just paper. I guess you have been ignoring “Phony Scandal”’s posts. Lots of links showing the 4th amendment thrown out the window.
Free speech? Free press? I challenge you to take a video of a cop making an arrest next time you see that happen.
OK, so vote then.
It’s all rigged. Gosh. I think this is the fifteenth time I wrote “It’s all rigged.”
16th.
Or better yet, run for office.
There are no group rights. The individual only has rights.
What’s interesting is that many of the people who hate the government the most use the term “states’ rights”.
Bilderberg 2014: Watch Out for the Red Herring in Copenhagen
April 8, 2014
By 21wire
The official Bilderberg website claims that the 62nd Bilderberg Meeting will take place in or around the capital city of Copenhagen in Denmark, on the last week of May 2014.
A shortlist of possible venues in and around Copenhagen reveals a few contenders. Some online sources have put forth the Marriott Hotel in Copenhagen, which appears to be block booked between Wednesday, May 28th through to Sunday, June 1st. But as we will show you, Bilderberg may be held in two venues this year – an official ‘announced’ venue (Marriot Hotel) and a secret venue nearby, as what appears to be the case last year…
Bait and Switch’
Last year, many hundreds of Bilderberg enthusiasts gathered at Watford’s Grove Hotel last summer, and even staged a ‘Bilderberg Festival’ on the adjacent grounds, but unknown to the alternative media crowds in attendance, the Grove Hotel was only an ‘R & R’, or ‘rest and recovery’ venue for conference attendees Thursday to Sunday, with social events, golfing and at least one interesting corporate presentations for delegates. Meanwhile, the real Bilderberg Conference actually took place on the other side of London, with steering committee meetings on Tuesday, Wednesday and Thursday at the luxury Selsdon Park Hotel resort (photo, Below) located in Croydon, South London – a venue with its own heliport and only minutes away from Gatwick International Airport.
SELSDON PARK: The real location of last year’s Bilderberg Meeting.
Although this information was available in the alternative media circles and on social media in advance of last year’s event (we are told that the original source of this information came via a law enforcement tip off), it was ignored by crowds who seemed more attracted to the party on offer rather than actual meeting. Everyone was hoodwinked it seems.
With last year’s event long over, there are few activists or alternative media pundits keen to entertain the possibility that they had been a victim of misdirection at the hands of Bilderberg, with some brushing off the plot as irrelevant in comparison to the ‘networking opportunity’ that Bilderberg 2013 provided them, and the sense of community felt at the Grove, which it was. As well-organised as the alternative media appear to have been however, it should be noted also how well-organised the Bilderbergers were in diverting their adversarial herd into a designer corral – all the way across town from the actual conference (there’s a real lesson in that for everyone).
Bilderberg paradigm certainly shifted in 2013, a year which saw the formerly private meeting come out of the closet, posting what it said to its full guestlist and agenda in a major media outlet, the London Telegraph, announcements of venues in advance and aided by the alternative media’s circus-like ‘fringe festival’ staged at the Grove Hotel that provided a convenient diversion away from the real location at Selsdon Park, indicates that Bilderberg is getting more proactive in terms of its PR management. It’s safe to say that Bilderberg has been forced into the public eye due to the fact that alternative and mainstream media coverage, as well as access to information on Bilderberg, has grown in recent years – making it impossible to remain completely in the shadows. In light of this shift, it’s safe to assume that Bilderberg will run diversions as standard, and that the meeting itself will contain less and less substance as the public light increases, as the global elite move out of their steering committees and nudge ever closer to implementing a working framework for their beloved world government institution.
This Year’s Agenda
Much has been made in the past of Bilderberg being an audition weekend for future US Presidents and UK Prime Ministers. Past attendees included Tony Blair, Bill Clinton, and even Barack Obama – who is said to have attended with Hillary Clinton during the 2008 primary race, and where a deal may have been brokered by Bilderberg for Hillary to stand down and wait until her turn in 2016. Other hopefuls like Texas Governor Rick Perry and GOP nominee Mitt Romney have showed their face before or during their campaign trails, so attendance itself does not necessarily mean they are selected for leadership. This year could see Kentucky Senator Rand Paul, or Florida’s Jeb Bush in attendance, which would send the Bilderberg rumours flying of course.
So rather than the meeting itself, what could be more important than VIP appearances – are announcements of other globalist events taking place before and after Bilderberg. Last year saw Google’s ‘Big Tent’ event which took place before Bilderberg at their Watford venue, and shortly afterwards, the G8 was held in Ireland. As 21st Century Wire reported last summer, one of their big announcements was of course the plan for a ‘global taxation regime’, which appeared to be a stage-managed crisis including a fake joust between UK Chancellor George Osbourne and Google ahead of the Google Summit. Nonetheless, all players appeared to be on board with the directive. This important development went mostly unnoticed by top alternative media outlets, who perhaps were more focused on the celebrity aspect which defined the spectacle that became Bilderberg 2013. Look for a similar globalist-corporate announcement or new policy directive likely to be rubber-stamped at Bilderberg this year.
One item certainly on their list will be negotiations on the EU-US Transatlantic Partnership (TP) and Free Trade Agreements, which the public and sleeping politicians are now waking up to. The TP is dangerous. Like its other half – the Transpacific Partnership (TPP), it gives transnational corporations and their lawyers dominion over a nation’s laws and sovereignty. TP working groups are already way ahead of any public discourse, giving the transnational corporations behind the TP a massive head start. Bilderberg’s captains of industry and political water carriers will certainly be working hard to accelerate their TP agenda during that week in Denmark.
Another one to look out for is any major IMF, ECB, or US Fed announcement after Bilderberg, specifically relating to global crisis in currency valuations.
On the foreign policy and geopolitical front, the West’s severing of cooperation with Russia will be front and centre on the agenda, but look out for a major diplomatic crisis and announcement involving Iran before Bilderberg as globalists move on to the G7 (formerly G8, now sans Russia) the following week at the beginning of June 2014. The US are also in the process of ramping up the war in Syria for the summer of 2014, and new arms shipments to opposition fighters are already underway via Jordan, so Syria will be in the frame for sure.
Denmark certainly has the pedigree required for a Bilderberg bash, with many commentators pointing out its global government credentials, from its 2009 UN Climate Summit ‘COP13′, where the framework for global government was unveiled to its much hyped ‘green image’, Denmark is a bonafide internationalist nation, and synonymous with the word “progressive”, especially in liberal discourse. Interestingly, Danish Prime Minister Helle Thorning-Schmidt has also recently ascended into political celebrity status following the recent funeral of Nelson Mandela in South Africa, where she posed for a ‘selfie’ with Barack Obama and David Cameron (see her in photo below).
21stcenturywire.com/…/bilderberg-2014-watch-out-for-the-red-herring-in-copenhagen/ - 79k
Again…. When buy a house at these grossly elevated prices? Buy later after prices bottom for 70% less.
Because Suzanne researched it:
http://m.youtube.com/watch?v=hPIxrzmatq0
Comment by Housing Analyst
” Buy later after prices bottom for 70% less.”
THE HOMES I BOUGHT WERE AT 75% LESS THAN WHAT THEY SOLD
3 YEARS BEFORE 2009.:}
And now they are worth 10 times as much!!!!!
.. …. And not a buyer in sight.
On this Memorial Day, would the WWII generation (those very few who are alive and still have their marbles) even remember what the country they fought for was like?
We have an incredibly fragile weak and sick society today. Fat, distracted, dumbed down, unwilling or unable to work, pumped full of drugs and sugar and fat. Massively in debt. Weak, weak, weak at all levels.
All because of the pursuit of more, more, more.
Cue comment about how longing for the past is racist.
“All because of the pursuit of more, more, more.”
And financed by debt, debt, debt.
Truly, a beautiful thing.
“would the WWII generation (those very few who are alive and still have their marbles) even remember what the country they fought for was like?”
What country would that be? France? England? Or some corporate banking cartel? The United Association of Munitions Manufacturers?
Seems like the last time the US fought a war on its own behalf was the War of 1812.
‘The warhawks, led by John Calhoun, were motivated less by outrage over British harassment of American persons and commerce than by the emerging delusion of Manifest Destiny that energized the earliest advocates of an international American empire. The Appalachian and southern states were the epicenter of this ultra-nationalistic agitation, and the editors of the Nashville Clarion gave voice to the imperialist impulse when they asked:
“Where is it written in the book of fate that the American Republic shall not stretch her limits from the Capes of the Chesapeake to Noorka Sound, from the isthmus of Panama to Hudson Bay?”
‘Before the neocons there were the warhawks of 1812. On the eve of war, their leader, the protectionist Senator John Calhoun, smugly declared:
“I believe that in four weeks from the time a declaration of war is heard on our frontier, the whole of Upper Canada and a part of Lower Canada will be in our power.”
‘Secretary of War William Eustis enthused:
“We can take the Canadas without soldiers, we have only to send officers into the province and the people . . . will rally round our standard.”
‘Much more important, as a factor in starting the war, was the agitation of the “warhawks,” a group of younger members of the Jeffersonian (or Democratic-Republican) party in Congress, who charged that His Majesty’s Government was encouraging attacks on American settlers by the Indians, and who dreamed of conquering Canada. Indeed, the latter motivation was underscored by the libertarian congressman John Randolph, who declared:
“Sir, if you go to war it will not be for the protection of, or defense of your maritime rights. Gentlemen from the North have been taken up to some high mountain and shown all the kingdoms of the earth; and Canada seems tempting to their sight. That rich vein of Gennesee land, which is said to be even better on the other side of the lake than on this. Agrarian cupidity, not maritime right, urges the war. Ever since the report of the Committee on Foreign Relations came into the House, we have heard but one word- like the whip-poor-will, but one eternal monotonous tone- Canada! Canada! Canada!”
Well, at least it was fought on behalf of the US, even if it was for the territorial expansion of the country. Now, when we “fight wars”, all the benefits go to the financiers and Joe Biden’s loser son. No land, no oil, no tribute-paying conquered people. In fact, the “conquered people” get to immigrate into the US and are awarded jobs and benefits. At the expense of citizens.
Is this a great country, or what?
“Patriotism is the last refuge of a scoundrel.” - Mark Twain
When it is useful for the elite to spout patriotism then they will suddenly become patriots. When it is useful for them to become globalists then they will become globalists.
Right now they are globalists because, for them, globalism is where it’s at.
Nobody here should have any doubt that if the elite’s control of the offshore holdings they built up over the last decade-or-so is threatened that the elite will suddenly revert to becoming patriots and declare that it is in America’s’ interests that these holdings be protected.
And if history is any guide they will end up getting their way.
“declare that it is in America’s’ interests that these holdings be protected.”
Especially when Joe Biden’s loser son needs a gig.
Here’s a blast from the past:
Remember when we Americans were all fired up about Iraq’s invasion of Kuwait and all the atrocities Iraq soldiers were involved in?
Wiki-up “Nayirah” and you’ll get a glimpse of some pure propaganda in action:
“The Nayirah testimony was the controversial testimony given before the non-governmental Congressional Human Rights Caucus on October 10, 1990 by a female who provided only her first name, Nayirah. The testimony was widely publicized, and was cited numerous times by United States senators and the American president in their rationale to back Kuwait in the Gulf War. In 1992, it was revealed that Nayirah’s last name was al-Ṣabaḥ (Arabic: نيره الصباح) and that she was the daughter of Saud Al-Sabah, the Kuwaiti ambassador to the United States. Furthermore, it was revealed that her testimony was organized as part of the Citizens for a Free Kuwait public relations campaign which was run by Hill & Knowlton for the Kuwaiti government. Following this, al-Sabah’s testimony has come to be regarded as a classic example of modern wartime propaganda.
“In her emotional testimony, Nayirah stated that after the Iraqi invasion of Kuwait she had witnessed Iraqi soldiers take babies out of incubators in a Kuwaiti hospital, take the incubators, and leave the babies to die.
“Her story was initially corroborated by Amnesty International and testimony from evacuees. Following the liberation of Kuwait, reporters were given access to the country. An ABC report found that “patients, including premature babies, did die, when many of Kuwait’s nurses and doctors…fled” but Iraqi troops “almost certainly had not stolen hospital incubators and left hundreds of Kuwaiti babies to die.”[
For another blast from the past and what pure propaganda looks like, wiki-up “Jessica Lynch”.
At least I get to use the Rideau Canal in peace.
“We have an incredibly fragile weak and sick society today. Fat, distracted, dumbed down, unwilling or unable to work, pumped full of drugs and sugar and fat. Massively in debt. Weak, weak, weak at all levels.”
The best thing about the “good old days” is that people didn’t need to show the world what a unique, special snowflake they are by getting all inked up with sh*tty tattoos to display their nonconformist individuality just like all the other tatted up unique, special snowflakes out there…
All inked up with sh*tty tattoos…
Now that some “good get of my lawn!” Excellent.
Agenda 21 and All Aboard Florida
“At the Jupiter meeting one citizen asked Murphy if it was true that his support was based in large measure due to the enormous construction contracts that his family’s owned business had been promised. Murphy refused to answer that question.”
Fat No bid contract gets pulled and presto…..
Rep. Patrick Murphy changes stance on All Aboard Florida
Arnie Rosenberg, (@TCPalmArnie)
Six months ago, U.S. Rep. Patrick Murphy joined 15 other members of the Florida delegation singing the praises of All Aboard Florida.
This week, in a tough letter to U.S. Transportation Secretary Anthony Foxx, he blasted the $1.5 billion project, saying it “stands to have a detrimental impact on the quality of life of residents from the Palm Beaches through the Treasure Coast.”
In the Oct. 17 letter, the group of nine Republicans and seven Democrats told Foxx that All Aboard Florida — the 110 mph passenger train that will run from Miami to Orlando — would have “a lasting impact on Florida’s economy and transportation system” and would “serve as a model” for other similar areas of the country.
Read more
http://www.politicalfixflorida.com/…/ - 20k -
All Aboard Florida and Patrick Murphy Draw Carl Domino’s Fire
By: Kevin Derby | Posted: April 29, 2014 9:07 AM
Former state Rep. Carl Domino, now running for the Republican nomination to challenge U.S. Rep. Patrick Murphy, D-Fla., in November, fired a shot across the bow of All Aboard Florida (AAF) as it continues to try to bring high-speed rail to the Sunshine State. Domino also turned his fire to Murphy on the issue.
“Of course Murphy has consistently supported the plan,” Domino added. “In the summer he declared it would have a lasting impact on Florida’s economy and transportation system. He further said it would serve as a model for other similar areas of the country. At the Jupiter meeting one citizen asked Murphy if it was true that his support was based in large measure due to the enormous construction contracts that his family’s owned business had been promised. Murphy refused to answer that question.
http://www.sunshinestatenews.com/…board-florida-and-patrick-murphy-draw-carl-dominos-fire - 52k
This sounds more like a plan to round up Glenn Beck listeners and use the post office to chop off their head’s than a plan to connect two of Florida’s mot popular destinations.
Thanks for posting.
Doctors Think Emergency Room Visits Are Going To Explode Under Obamacare
Brett LoGiurato
May 22, 2014, 12:45 PM
One of the major selling points of the Affordable Care Act was its theoretical potential to reduce costly emergency room visits, given the law’s access to coverage.
But a new survey shows that so far under the healthcare law, more people are going to the emergency room. The survey, conducted by the American College of Emergency Physicians, found that since Jan. 1 — the day coverage went into effect for millions of Americans — 46% of emergency physicians have experienced jumps in patients. Half that percentage reported a decrease, and 27% of physicians said the influx has stayed about the same.
And even though it was one of the points President Barack Obama and Democrats used to sell the law ahead of its passage, doctors said they’ve been expecting this all along.
“We told you this was going to happen. We don’t mind that it has. But we’d sure appreciate some support,” Howard Mell, a spokesman for the ACEP and an emergency care physician, told Business Insider on Wednesday.
Emergency physicians only expect it to get worse over the next few years. Eighty-six percent of emergency physicians expect there to be a slight or “great” increase in the amount of visits to their departments over the next three years. Moreover, 77% of these doctors think their facilities are not prepared for the expected influx of patients.
Emergency care physicians also expect payments for ER visits to sharply reduce. They think access to emergency care will improve overall, but that doesn’t mean quality care will follow — a plurality of emergency physicians expect the ACA to have a negative effect on quality and patient safety.
…
Economy
Mortgage, Home-Equity Woes Linger
Number of ‘Underwater’ Borrowers Is Down but Remains Elevated, Zillow Finds
By Conor Dougherty
May 20, 2014 12:01 a.m. ET
Nearly 10 million U.S. households remain stuck in homes worth less than their mortgage and a similar number have so little equity they can’t meet the expenses of selling a home, trends that help explain recent sluggishness in the housing recovery.
At the end of the first quarter, some 18.8% of U.S. homeowners with a mortgage—9.7 million households—were “underwater” on their mortgage, according to a report scheduled for release Tuesday by real-estate information site Zillow Inc. Z +4.77% While that is an improvement from 19.4% at the end of last year and a peak of 31.4% 2012, those figures understate the problem.
In addition to the homeowners who are underwater, roughly 10 million households have 20% or less equity in their homes, which makes it difficult for them to sell their homes without dipping into their savings. Most move-up homeowners typically use their home equity to cover broker fees, closing costs and a down payment for their next home. Without those funds, many homeowners can’t sell.
“It’s a sobering appreciation that negative equity is going to be with us for a while to come,” said Stan Humphries, Zillow’s chief economist. “Negative equity is central to understanding a lot of the distortions in the marketplace right now.”
Those distortions include the inventory of homes for sale, which, while rising, is low by historical standards. It also helps explain why first-time home buyers are having such a hard time cracking the market. Real estate is in some ways like a ladder, Mr. Humphries notes, so when underwater homeowners don’t trade up it makes it harder for newcomers to get in.
At the same time, prices have risen about 11% over the past two years, and several times that in rebounding markets like Las Vegas, Phoenix and much of California. Rising prices, combined with higher mortgage rates, have given sticker shock to buyers looking for a deal. This has been particularly hard on first-time home buyers who are usually in the market for a lower-priced home.
In the report, Zillow notes that the least expensive homes—those in the lower third of the price spectrum, which first-time home buyers are most likely to be shopping for—are much more likely to be underwater than higher-priced homes. Nationwide, about 30% of homes in the bottom third of the price range were underwater in the first quarter, compared to 18% of homes in the middle third and 11% of homes in the top third. (Zillow derives its underwater data by matching its database of estimated home values with loan balances from TransUnion, the credit reporting agency.)
Regionally, underwater homes are concentrated in areas where the real-estate bust hit hardest. Among major metropolitan areas, Las Vegas had the nation’s highest share of underwater mortgages, followed by Atlanta and Orlando, Fla.
Many underwater homeowners have gone into foreclosure or executed a short sale, where they sell the home for a loss. But many aren’t budging. “There are people who still have their jobs and they’re not late on their payment, but they can’t move,” said Vita Deveaux, a real-estate agent at Keller Williams Realty First Atlanta.
…
The lie about tight standards hindering first-time buyers is alive and well.
What about prices that are out of reach, thanks to an army of all-cash investors driving end-user buyers out of the market?
Economy
Housing Recovery’s Missing Link: First-Time Buyers
Entry-Level Purchasers Hammered by Tight Mortgage Standards, High Prices and Sluggish Economy
By Kris Hudson
Updated May 23, 2014 1:41 p.m. ET
Economists, real-estate agents and many home builders expected first-time and entry-level buyers to begin returning to the market this year, jump-starting the sputtering housing recovery. So far, that hasn’t happened.
Less buying at the market’s lower end by first-time buyers has contributed to limiting sales of existing homes so far this year to a pace of roughly 88% of their 10-year average. It’s also a factor in stunting sales of…
That’s it entirely, in a nutshell.
How come China keeps claiming parts of the ocean that belong to other countries?
Is it just a matter of time before they lay claim to hard-won U.S. territory?
World
Chinese Ship Rams Vietnamese Ship in Disputed Waters
China placed an oil rig near the Paracel Islands in the waters of the South China Sea that China and Vietnam both claim. The Vietnamese Coast Guard provided this video clip of one of its ships trying to get near the rig but being rammed by a Chinese ship.
5/20/2014 12:48:14 AM0:43
“How come China keeps claiming parts of the ocean that belong to other countries?”
Answer: Because it can.
Wiki-up “Paracel Islands” for an informative read.
I gotta say, driving around in Hartford CT this weekend is the busiest Ive seen it in years! Since 2007!
ROFL! Haaatfud! Must’ve been a real gas.
Are they hosting Bronycon in Fartford CT this weekend?
Downlow Joe’s twitter feed was mumbling something about the traffic…
I was going to ask what happened to the Whalers but…
From Wikipedia
Hartford Whalers
Stanley Cups 0
Presidents’ Trophies 0
The Hartford Whalers were a professional ice hockey team based for most of its existence in Hartford, Connecticut, U.S.A.. The club played in the World Hockey Association (WHA) 1972–79 and in the National Hockey League (NHL) 1979–97. In 1997, the franchise relocated to Greensboro, North Carolina, where it became the Carolina Hurricanes, thus resulting in Connecticut joining 20+ other states with no major league sports team.
Which brings up an interesting question.
What are the other 20+ states that root for a profesional teams from a distance so they don’t have to pay taxes to build stadiums for billionaire sports teams owners?
The dollar store parking lot was full too!
What were people saying again about Paradise Valley? That rich people live there, and so the values can’t go down? Well, apparently, rich people have been getting mortgages and speculating.
I found something to agree on with Richard Blumenthal.
“Appearing on CBS’s “Face the Nation,” the Connecticut Democrat said the recent shootings reminded him of the 2012 shootings at the Sandy Hook Elementary School in Newtown,”
Blumenthal wants to bring back gun bills
By JON PRIOR | 5/25/14 11:06 AM EDT
Sen. Richard Blumenthal said Sunday he would urge Senate leaders to reconsider tougher gun control and mental health measures in the wake of this weekend’s deadly shootings near the University of California, Santa Barbara.
Appearing on CBS’s “Face the Nation,” the Connecticut Democrat said the recent shootings reminded him of the 2012 shootings at the Sandy Hook Elementary School in Newtown, Connecticut. after which “it seemed like we were on the verge of legislation that would stop the madness.”
Those measures, which would include tougher background checks on gun sales and certain mental health initiatives, ultimately failed in Congress. But Blumenthal said he would urge lawmakers to “reconfigure” the bills to focus more on the mental health provisions, where he said there could be some agreement with Republicans.
Sen. John Thune (R-S.D.) said on the same program that it was important to have policies in place that allow people with mental health issues to be diagnosed and treated. “I think that’s something
http://www.politico.com/blogs/politico-live/ - 104k -
They can start with the mental health issues in Chicago that never appear on CBS’s “Face the Nation”.
Follow CBS Chicago
Most Popular News
5 Dead, 12 Wounded In Weekend Shootings
Five people were killed and at least 12 others have been wounded in shootings across the city since Saturday afternoon.
Chicago Man Shot, Killed In Lansing
A Chicago man was shot and killed Sunday morning in south suburban Lansing.
One Killed, One Injured In East Garfield Park Shooting
A Maywood man was killed and a teenager was injured in a shooting in the East Garfield Park neighborhood Sunday night.
3 hours ago
Charges Dismissed Against Aunt Of Accused Teen Killer
Prosecutors argued Vandetta Redwood initially told police she was not there when 14-year-old Endia Martin was shot, but a cell phone video obtained by police put her at the scene. Judge Donald Panarese Jr. called the video “choppy” and “poor,” then ruled the state did not meet the burden of proof.
05/23/2014
Jury Convicts Man Of Killing 5 In 2008
Torolan Williams, 28, killed the victims with the help of his cohort Michael King on April 23, 2008, prosecutors said. Earlier this week, Williams’ high school friend and accomplice testified against him.
05/23/2014
Teenage Boy Gunned Down In Marquette Park In Possible Gang-Related Shooting
Police are searching for the person who shot and killed a 14-year-old boy in the Marquette Park neighborhood.
05/23/2014
Man Critically Wounded, Woman Hurt In South Side Shooting
Two people were wounded — one critically — in a Wednesday afternoon shooting on the South Side.
05/21/2014
Roseland Man Charged In 2012 Shooting Death
Wendell Haywood, 21, is charged with first-degree murder after he was identified as the person who shot and killed 23-year-old Travis Perkins on May 9, 2012
05/21/2014
1 Dead, 1 Wounded In Humboldt Park Shooting
The shooting happened about 12:25 p.m. in the 700 block of North Springfield Avenue. Two men were shot and driven to Norwegian-American Hospital by a friend.
05/21/2014
Man Charged In Fatal Shooting Of Teenage Boy
Elvin L. Prince, Jr., 27, allegedly shot and killed 17-year-old Kayshaun Hall from a vehicle Monday evening in the 8400 block of South Kedzie Avenue.
05/21/2014
Man Killed In West Side Shooting
Leonard Goldman, 29, was discovered lying in the street in the 2400 block of West Fillmore Street with multiple gunshot wounds to the back by officers responding to a call of shots fired about 10:45 p.m.
05/20/2014
Boy, 17, Killed In Ashburn Shooting
Kayshaun Hall was walking in an alley shortly after 5 p.m. in the 8400 block of South Kedzie Avenue when a light-colored sedan pulled up and someone inside shot him in the chest.
05/20/2014
Man Dies After West Garfield Park Shooting
Juwan Williams, 18, of the 4000 block of Arthington Street, was outside with a group of friends about 6:30 p.m. in the 3900 block of West Polk Street when two other people walked up and one of them opened fire before they both ran away.
05/20/2014
Man Cleared Of 1992 Double Murder Sues Police, Prosecutors
A Hazel Crest man is claiming he was forced in to signing a false confession for a 1992 double murder, of which he was later exonerated after spending 20 years in prison.
05/19/2014
4-Year-Old Merrillville Boy Dead After Shooting Self With Parents’ Gun
A four-year-old boy is dead after accidentally shooting himself Saturday morning in Merrillville, Indiana.
05/17/2014
Two Pawn Shop Employees Shot During Robbery
A sour deal at a South Shore pawn shop leads to a shooting and robbery. CBS 2′s Roseanne Tellez reports.
05/16/2014
Elderly Man Killed In Apparent Robbery In Crete Township
Alfred Hilton, 85, was found dead at his home in the 3200 block of East Bemes Road in unincorporated Crete Township. Authorities are describing his slaying as a “robbery that went terribly wrong.”
05/16/2014
Two Shot At South Side Pawn Shop
Two men were shot at a South Chicago pawn shop Friday morning.
05/16/2014
Gary Teen Pleads Guilty To Role In Double Slaying
Johnte Crawford, 18, admitted to Lake Superior Court Judge Salvador Vasquez that he fatally shot Shaqwone Ham, 19, on March 17, 2013, in the 2500 block of West 15th Avenue in Gary.
05/16/2014
Teen, Man Wounded In South Deering Shooting
About 11:15 p.m., the two were standing on the sidewalk in the 9800 block of South Bensley Avenue when an unknown male wearing all black walked up and opened fire.
05/16/2014
Woman Shot, Critically Wounded In Albany Park
The 22-year-old woman was shot shortly before 7 p.m. in the 4700 block of North Bernard Street.
05/16/2014
Woman, 23, Shot In Albany Park
The woman, who was hit in the abdomen, was taken in critical condition to Illinois Masonic, authorities said.
05/15/2014
1 Killed, 1 Wounded In Aurora Shooting
Joseph B. Trejo, 18, was sitting with his 31-year-old cousin on the front porch of a home in the 200 block of North Smith Street about 7:10 p.m. when a person exited a cream-colored, 4-door sedan and opened fire.
05/15/2014
Man Dies After Shooting In Riverdale
Ronald D. Smith III, 32, was shot in the 13700 block of South Parnell Avenue in Riverdale.
05/15/2014
No Bail For Teen Charged With Killing White Sox Vendor
Orlando Dominguez is charged as an adult with one count of first-degree murder for the April 19 shooting that killed 19-year-old Nicholas Ramirez, authorities said.
05/14/2014
12 Shot Across Chicago Since Monday Afternoon
At least 12 people — including two teenage boys — have been wounded in shootings on the South and West Sides since Monday afternoon.
05/13/2014
Teen Shot In Englewood After Argument On CTA Bus
About 9:15 p.m., the teenager was shot after he was involved in an argument with another male on a CTA bus in the 5700 block of South Racine Avenue, police said.
05/13/2014
Man And Woman Shot In West Pullman
About 1:35 a.m., the two were passengers in a vehicle in the 0 – 100 block of East 121st Street, when they were shot by at least one offender from another vehicle, police said.
05/13/2014
Four Shot In Little Village
The men were standing on the sidewalk about 11:15 p.m. in the 3400 block of West 24th Street, when a male opened fire from a nearby alley, striking each of the men.
05/13/2014
15-Year-Old Boy Shot To Death In West Pullman
Vaughn Holeman was shot in the chest and under the arm about 3:40 p.m. in the 200 block of West 116th Street, less than a mile from his home in the 400 block of West 115th Street.
05/12/2014
Man Killed In Calumet Heights Drive-By
The 22-year-old was riding as a passenger in a car headed north in the 9300 block of South Stony Island Avenue around 11:30 a.m. when a small black four-door sedan pulled up alongside their car and someone inside opened fire.
05/09/2014
Elderly Woman Shot In Brighton Park
A woman who apparently was in the wrong place at the wrong moment is in the hospital, with a gunshot wound to the back suffered while driving in the Brighton Park neighborhood.
05/07/2014
1 Dead, 1 Critically Wounded In Chatham Shooting
About 9:50 p.m., the two men were standing on the sidewalk in the 7900 block of South Vincennes Avenue, police said. Two other males walked up and opened fire, striking both men several times.
05/07/2014
1 Dead, 1 Wounded In West Side Shooting
Chasteddy Blocker, 20, was shot in the back and taken to Mount Sinai Hospital, where she died minutes later. A man, 34, was shot in the right hip and also taken to Mount Sinai where he was listed in critical condition.
05/07/2014
Man, Woman Shot In Humboldt Park
The two were sitting inside a van about 11 p.m. in the 3500 block of West Ohio Street when they heard gunshots and realized they were struck, police said.
05/06/2014
1 Dead, 1 Wounded In Englewood Shooting
Jerald Calhoun, 29, of the 700 block of West 59th Street, was shot and killed less than a mile from his home, according to police and the Cook County Medical Examiner’s office.
05/06/2014
Police Searching For Three Suspects In Wauconda Shooting
Wauconda police hope security and red light cameras are able to help investigators find the three men responsible for shooting a man in the chest last night.
05/05/2014
Man Shot Inside Apartment In Wauconda
Three men knocked on an apartment door in Wauconda Sunday night. One of three children who lives in the apartment opened the door and let the three men in, and began arguing with the boyfriend of the child’s mother. One of the men pulled out a gun and shot the mother’s boyfriend.
05/05/2014
Man Convicted In Round Lake Beach Murder
One of the final images jurors saw in the murder trial of Jose Rebollar-Vergara was videotape of victim Gabriel Gonzalez, fatally shot, falling down in front of a Round Lake Beach convenience store, trying to access his cell phone and struggling to his feet before he collapsed and died.
05/05/2014
Man Shot And Killed In Chatham
Jabari Davis, 29, was found with a gunshot wound to the head about 7:15 a.m. at his home in the 900 block of East 81st Street.
05/05/2014
Person Arrested In Fatal Shooting In Joliet
Police responding to a call of shots fired about 3:30 a.m. on Mississippi Avenue near East Washington Street started chasing people they saw running from the area. Once they caught up with the people, they found one person armed with a handgun and were told another person had been shot,
05/05/2014
Four Wounded In River North Shooting
The group was standing in a cul-de-sac in the 500 block of West Erie Street at 3:10 a.m. when people in a dark-colored sedan driving past flashed gang signs before opening fire, police said.
05/04/2014
chicago.cbslocal.com/tag/shooting/ - 88k -
That quite a lot of words, phony. I think that Ben stated a preference that people include fewer words along with a link.
More importantly, how do you know that mental health issues were involved with all of those shootings?
“how do you know that mental health issues were involved with all of those shootings?”
I don’t.
Then again the corporate media is not in Chicago everyday for all these shootings with full biographies of the shooters and their families ready to roll for the Evening News and the Sunday Morning shows like “Face the Nation” along with press conferences for the grieving parents of the victims calling for new gun laws the day after they lose their child.
You need help.
Rms is going to need to post a lot of pictures of all those shooters.
“Rms is going to need to post a lot of pictures of all those shooters.”
Better check-in with MightyMike, first.
50% of the victims in the California Rodger incident were stabbed to death.
This is worth 1:33
Police tased the man 18 times - YouTube
http://www.youtube.com/watch?v=v9WUMCRZ_1Q - 125k - Cached - Similar pages
1 day ago … A new video has come to the attention of the Springfield Police Department.
crater
ft dot com
May 25, 2014 12:48 pm
Federal Reserve weighs options on how to raise US rates
By Robin Harding in Washington
The US Federal Reserve building©AFP
How do you persuade people to pay for the air they breathe? That is the problem the US Federal Reserve is wrestling with, as it tries to figure out how it will eventually raise interest rates, after its quantitative easing programmes left banks saturated with reserves.
In the past, the Fed raised rates by reducing the supply of bank reserves. Banks have to hold a minimum level of reserves, so when the supply fell, they would pay more to borrow them – and then pass that rate on to their customers. The supply of reserves was like oxygen underwater: an essential commodity in limited supply. The market interest rate for borrowing bank reserves overnight is known as the Fed Funds rate. Such was the Fed’s experience at managing this market, that the Federal Open Market Committee could decree a rate, and then the New York Fed’s markets desk would fine tune the supply of reserves to hit it precisely.
Today, the situation is different: after three rounds of quantitative easing, banks have reserves at the Fed almost $3tn greater than the regulatory requirement. Reserves are everywhere, like air above water: no bank needs to borrow them. The Fed could suck out a bit of oxygen and it would not make any difference to the price.
The main tool the Fed will use to raise rates, therefore, is the interest it pays to banks on their excess reserves. So-called IOER is currently set at 25 basis points. If it puts IOER up to 50 basis points – in essence paying more for all the oxygen in the banking system – then banks will not lend to anybody else for less. That means the Fed already has the only tool it needs to control broad financial conditions.
…
“… the interest it (the Fed) pays to banks on their excess reserves.”
It’s great being a banker! Suck in a pile of OPM and anoint this pile with the status of “excess reserves” and the Fed will pay you interest.
Bahahahahahahahaha
How many of you schmucks get interest paid to you by the Fed on money that you do not even own?
If they raise interest rates don’t they bankrupt the government?
“Today, the situation is different: after three rounds of quantitative easing, banks have reserves at the Fed almost $3tn greater than the regulatory requirement.”
And people wonder why the stock market, gold, commodities, etc. are sky high? These big banks are plundering.
MOAR EKWITIE
All Wars Are Bankers’ Wars 46,947 views 1 month ago
Written and spoken by Michael Rivero. The written version is here: http://whatreallyhappened.c...
So I am enjoying the day, and listening to some old seventies jazz that influenced when I was learning to play the bass. Mostly Stanley Clarke and Jaco.
I got to clicking around about Jaco since I never knew much of his story, other than he had died. He had a bar fight with a bouncer, who is now a realtor. Check out his realtor reviews:
http://www.incredibleagents.com/real-estate-agents/FL/Boca-Raton/Newman-Residential-Inc/p1717079/Luc-Havan.html
Excellent comments about the guy. He would probably make a great banker.
A step in the right direction against Monsanto, et al:
Jackson County, Oregon, Approves GMO Ban
“Residents in a southwest Oregon county voted emphatically to ban genetically engineered crops following a campaign that attracted a bushel of out-of-state money.
With most of the ballots counted in Tuesday’s all-mail election, Jackson County voters approved the measure by a 2-to-1 margin. A similar, lower-profile measure in neighboring Josephine County led 58 percent to 42 percent with nearly two-thirds of expected ballots counted.
Though it’s a local issue, the Jackson County measure attracted national interest. A pair of competing campaigns raised $1.3 million to sway the county’s 120,000 registered voters. Nearly $1 million of that money was raised to defeat the proposed ban.,
“The voters here have many generations of fruit and vegetable growing, so they’re among the most educated voters,” said Chuck Burr, president of the Southern Oregon Seed Growers Association. “The opposition spent a million dollars and couldn’t convince the people.”
http://abcnews.go.com/Health/wireStory/jackson-county-oregon-approves-gmo-ban-23812490
A sister and I drove through the central coast and southern coast of Oregon last Thanksgiving by way of the Willamette Valley. One thing I noted is that they are humble people and they are not necessarily anti gun.
I was shocked to see a gun store in, I think it was, Florence. I thought Oregon was a big government state. I think the better definition is anti corporation state.
“I thought Oregon was a big government state. I think the better definition is anti corporation state.”
I only know two people who have moved from central Ca to Oregon, but I would describe them both as lefties with a libertarian bent. Would be interesting if this were a pattern.
I think it’s safe to say there are a bunch of lefty gun owners in Oregon.
Observation from the five year gold spot price chart: It appears the trend channel to break out of gold to the upside is dropping at $150 per ounce every 16 months or so. The peak was $1900 in September 2011. And now the real long term breakout would be at $1600 per ounce, 33 months later.
IF gold continues this leveling off another 33 months it would be February 2017 and that will be $1300 per ounce.
Mining extraction costs are estimated to be anywhere between $1000 and $1200 - last time I checked, which was in 2013. These costs do not drop.
Palladium and Platinum have gone crazy the last few months. I would not be cashing either of them in just yet, maybe take a look in October to see what the makeup of the next congress looks like. But their price rises are attracting buyers away from gold. That is a good thing for long time accumulators of gold, although its consolidation might go on another couple of years before the big breakout.
Silver looks to be in the same situation as gold. It looks like the white metals are distracting silver investors as well. It would also be a good thing to load up on some silver for now.
http://www.kitco.com/charts/popup/au1825nyb.html
Russia and China Gas Deal Has Huge Implications For The Future Of The U.S. Economy (We don’t need the USD suckers) And down further we go.
http://etfdailynews.com/2014/05/22/russia-and-china-deal-has-huge-implications-for-the-future-of-the-u-s-economy/
U.S. to Be Top Oil Producer by 2015 on Shale, IEA Says
By Grant Smith Nov 12, 2013 8:47 AM PT
The U.S. will surpass Russia and Saudi Arabia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming output from shale formations, the IEA said.
Crude prices will advance to $128 a barrel by 2035 with a 16 percent increase in consumption supporting the development of so-called tight oil in the U.S. and a tripling in output from Brazil, the International Energy Agency said today in its annual World Energy Outlook. The role of the Organization of Petroleum Exporting Countries will recover in the middle of the next decade as other nations struggle to repeat North America’s success with exploiting shale deposits, the agency predicted.
“As production goes up and imports go down, it does have positive macroeconomic effects for the U.S.,” said Mike Wittner, head of oil research at Societe Generale SA in New York. “It’s good for the balance of payments, good for the dollar, good for jobs, for other heavy industries. But it doesn’t equate to being insulated from world oil markets.”
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“Russia and China Gas Deal Has Huge Implications For The Future Of The U.S. Economy (We don’t need the USD suckers) And down further we go.”
It has huge implications for the Russian and Chinese economies. And you are correct. They don’t need the USD.
However I think the USA economy will be a diamond in a few years when the socialism side of the pendulum has been passed.
Can prices go lower from here. I think we’ve discovered from the Fed that they will first and foremost stop deflation, and that occurred because of the housing crisis so they will pump money to the point that the times to come have to be tumultuous.
I want to lighten my load in stocks, but I’ve been doing so well lately, it’s hard to pull out.
“Fed that they will first and foremost stop deflation”
It doesn’t seem to be working. Demand for all items is collapsing.