Bits Bucket for May 27, 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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realtors are liars
where have we heard this before? florida, circa 2005?
‘wealthy people, foreigners and retirees are transforming markets across the united states…’
http://www.washingtonpost.com/business/economy/more-home-buyers-are-bringing-all-cash-offers-to-the-table/2014/05/26/559cb410-e2a9-11e3-9743-bb9b59cde7b9_story.html
…. as demand craters by every metric.
…. as homeownership rate craters.
…. as mortgage demand craters.
And the best part about the saga? All the flailing and grasping for an excuse. Much like the rationalizations for massively inflated asking prices. “it’s the land!”… nope. “It’s the labor!”. Nope. “It’s materials!”. Nope.
wanna buy my 15 year old honda?
better hurry if you do, cuz its value is going up by $1,000 every week in this ‘red hot’ spring selling season.
note to lurkers, this is the ‘logic’ of the criminal cartel national association of realtors.
Hey, they’re not making any more 1999 Hondas! Buy now!
PURZX is my exposure to real estate right now:
http://finance.yahoo.com/echarts?s=PURZX+Interactive#symbol=PURZX;range=my
and regarding the lack of first-time buyers in the wash post article, here the wall street journal reports: for new graduates, path to career is bumpy
http://online.wsj.com/news/articles/SB10001424052702303749904579580263397059866
note to lying liar realtors, there is no ‘pent-up demand’ from the kidz in the article making $8.50 an hour for $500,000 starter homes
welcome to the recoveryless recovery
the future belongs to lucky ducky
You were right about the comments to these WSJs. Shoulda majored in STEM…
“Tim Ogden graduated a week ago with $70,000 in debt. He took eight years to finish, transferred, switched majors and worked too many hours as a stock boy at Target to intern anywhere, he said.”
Tim just needs mo government backed credik.
Because what every employer wants to hire is a person that takes eight years to get a four year degree. It proves that they are just the person to hire when you need deadlines met due to his or her organizational skills.
For reference, Sarah Palin completed her degree in a record-breaking 6 years.
And it continues to be used against her. However, the fact that she was a very successful governor now is more important than the fact she was irresponsible in her twenties with frequent college changes.
Very successful until she up and quit in the middle of her term… and very important to the shrieking tree monkey senior citizen demographic.
Very successful and until you have been attacked by both the Republican establishment and the Democratic establishment and the media that they control, you really do not have a right to judge, how much abuse and false charges you have to endure before you change the way you try to change the status quo:In 2006, running on a clean-government platform, Palin defeated incumbent Governor Frank Murkowski in the Republican gubernatorial primary.[74][75] Her running mate was Sean Parnell,[76] who has now succeeded Palin as the Governor of Alaska.[77]
In the November election, Palin was outspent but victorious, defeating former Democratic governor Tony Knowles by a margin of 48.3% to 40.9%.[16] She became Alaska’s first female governor, and, at the age of 42, the youngest governor in Alaskan history, the state’s first governor to have been born after Alaska achieved U.S. statehood, and the first not to be inaugurated in Juneau (she chose to have the ceremony held in Fairbanks instead). She took office on December 4, 2006, and for most of her term was very popular with Alaska voters. Polls taken in 2007 showed her with 93% and 89% popularity among all voters,[78] which led some media outlets to call her “the most popular governor in America.”[68][78] A poll taken in late September 2008 after Palin was named to the national Republican ticket showed her popularity in Alaska at 68%.[79] A poll taken in May 2009 showed Palin’s popularity among Alaskans was at 54% positive and 41.6% negative.[80]
Palin declared that top priorities of her administration would be resource development, education and workforce development, public health and safety, and transportation and infrastructure development. She had championed ethics reform throughout her election campaign. Her first legislative action after taking office was to push for a bipartisan ethics reform bill. She signed the resulting legislation in July 2007, calling it a “first step”, and declaring that she remained determined to clean up Alaska politics.[81]
Palin frequently broke with the Alaskan Republican establishment.[82][83] For example, she endorsed Parnell’s bid to unseat the state’s longtime at-large U.S. Representative, Don Young,[84] and she publicly challenged then-U.S. Senator Ted Stevens to come clean about the federal investigation into his financial dealings. Shortly before his July 2008 indictment, she held a joint news conference with Stevens, described by The Washington Post as intended to “make clear she had not abandoned him politically.
Article was from Wikipedia. She had around 90% popularity, but Americans can be sheep and are willing to believe what the MSM tells them. The person they make her out to be could never have been so successful to obtain that level of popularity, She is far smarter than Obama but the media has people believing he is intelligent and she is stupid. Than why did she succeed and he has failed so badly?
then
“She is far smarter than Obama” - Yeah, but she fell for that practical joke by those 2 Canadian dj’s who called her and said they reviewed the movie ‘nailin palin’ and then asked her about it.
Man that was funny. Almost as funny as Rick Perry in those debates. If there is a God in heaven, then Rick Perry will run for Pres again in 2016. America needs the laughs.
So mature.
You have some serious blind spots, A-dan.
Excuse me, imagine if a liberal woman was asked to respond to something like a “nailin palin” joke, every feminist in America would be screaming for the jokesters to be fired. But degrading a conservative woman is alright, so guess that only liberal women have the right to be free from such juvenile behavior.
Oxide, etal,
If you don’t know what AlbqDan said, you’ve got some blind spots yourself.
If you live in Alaska you’d know that every year you get a rebate from the state, a type of royalty from the oil industry. This is what she helped to set up. She skewered the Rep’s as well as the Dem’s, and that’s what we need. Honest politicians that are willing to stand up for what’s right, no matter which side you’re on. It doesn’t take a rocket scientist to do that but it does take someone with the cojones to do what’s right. She’s got more than most men.
That’s why I’m independent. Both sides suck.
Since Wikipedia is all the rage now, I looked up the Alaska Permanent Fund.
Palin did not help to set up the dividends. The fund was established in 1976, as soon as the oil started flowing. Rebates to the Alaskan citizens began in 1982, while Palin was still being “irresponsible” in various colleges in Idaho. In Alaska, all Palin did was to sign a State Senate bill giving a one-time $1200 per capita payment from the natural resources fund. Yeah, $1200 would make the dreaded Free Sh!t Army in Alaska pretty happy with her, you betcha.
And here I thought that… oh it’s all about job creation.
“Ibequirky” Dan has blinders on.
another one for the national association of lying liar realtors:
‘home prices in 20 u.s. cities rose at a slower pace in the year ended in march as the housing market began to weaken at the start of 2014.’
http://www.bloomberg.com/news/2014-05-27/home-prices-in-20-u-s-cities-increase-at-slower-pace-in-march.html
began to weaken? more like began to crater.
to quote gwb in 2008, ‘this sucker could go down’
crash and burn, baby!
national public radio was wetting the bed with the class warfare this morning
here quoting toni smart, age 28, mother of two and renter in the district of crater:
‘what is the government going to do with the people that’s in the district that’s like just making ends meet?’
http://www.npr.org/2014/05/27/316110665/lack-of-affordable-housing-puts-the-squeeze-on-poor-families?ft=1
don’t worry toni, the government will ‘do’ something to help. the article may not mention where the father(s) of your kidz is/are, but big daddy government will take care of you
what toni needs is a $500,000 starter home
“what toni needs is a $500,000 starter home”
+1 Or an obese saltine human services specialist to cut her monthly vouchers.
A single mom making minimum wage with two kids living in a one bedroom Section 8 apartment in DC. This is just too sad to comment on. She’s 28 and cute, though, so I guess it could be a lot worse. Still just sad.
“She’s 28 and cute”
After hearing the radio segment this morning, I was expecting someone much different than the pic in the article.
If she didn’t have kidz, I’d tap that…
She is attractive enough you think that she could find another man to take the role of stepfather.
“She is attractive enough you think that she could find another man to take the role of stepfather.”
But then she’d be tied-down. However, with your moola and mine she can play the field and not answer to anyone.
‘This is just too sad to comment on.’
Could we crowd-fund her a way to move to a better COLA? Figure minimum wage could be made virtually anywhere. What would it take to get her somewhere where she could get ahead?
“The U.S. is in the midst of what Housing and Urban Development Secretary Shaun Donovan calls the “worst rental affordability crisis” ever. Poor families are being hit the hardest: An overwhelming majority spend more than half of their incomes on rent. Others live in substandard housing, or are homeless.”
If you live in a desirable city and are renting, it’s time to consider the suburbs (the new slums) or Detroit.
Switchin it up eh junkie?
“Where are you going to rent for $769/month?”
Oil City, PA? Minimum wage favors rural areas.
As renting favors urban areas.
“Shock,” “Anger,” “Earthquake”—those are among the more frequent epithets employed to describe this weekend’s European elections. All across the continent, voters turned out to deliver a resounding defeat to the top-down, politically correct, big-government, Brussels-centric, rule-by-unaccountable-elites project that is the European Union.
What is going on? Jean-Francois Copé, president of France’s center-right UMP, observed that the vote for Le Pen’s Freedom Party was a sign of “gigantic anger” among the French electorate. He got that right. But the anger is directed not just against the confiscatory socialist policies of President François Hollande. It is directed more broadly against the anti-nation-state bias of the European Union.
http://pjmedia.com/rogerkimball/2014/05/26/the-lesson-of-the-election/
It’s interesting to see how the EU runs and it makes me wonder how long they van keep it all together.
“It’s interesting to see how the EU runs and it makes me wonder how long they van keep it all together.”
The EU might have had a chance of working if it didn’t involve so many Europeans.
Again, they are not capitalists. They are nationalists. Like mainstream Republican Party types.
I do not think mainstream republicans, if you mean the leadership, are nationalists they are globalists hence their support for open borders and unfair trade deals.
“I do not think mainstream republicans, if you mean the leadership, are nationalists”
Yes, if they (the mainstream republicans) were nationalists, I don’t think they would support the continuous importation of poverty and citizenship for up to 30 million communist voters.
They are nationalists. Like mainstream Republican Party types.
Now that was funny.
I guess the lack of first time buyers is slowing the economic recovery. Time to loosen credit standards and down payments again?
The lack of economic recovery is preventing there from being more first time buyers. That along with prices being way too high for anything but massive amounts of easy debt.
This time they’ll hide the fraud better too.
If we get back to neg-am loans, I’m buying one and going whole-hog with it. Cash-out refi and BK. Stuff the money under the mattress. Buy anew in the next crash.
Getting Priced Out of Downtown Detroit
http://money.cnn.com/2014/05/27/real_estate/downtown-detroit/index.html?hpt=hp_t2
How many Straltors or buyers understand that if you buy a house for $100000 with a 30 year loan you end up paying about $180,000 to the bank?
Too many of them.
we need to eliminate the middlemen bloodsucking bankers who are basically calling collecting interest work. If the govt is going to hand out loans then they should do it for 1% , which is more than enough to pay bean counters to collect interest.
You need to read-up on how k-street democracy works.
How many Straltors or buyers understand
Obviously you don’t understand either. Say you put 10% down with a 5% mortgage for 30 years. You end up paying only $83,930.21 to the bank. You keep the $100K house, which is worth more than $100K at the end of 30 years. If you have spent those 30 years renting at $800/month, you would have paid $288,000 to a landlored and had NOTHING at the end of it.
This message paid for by the National Association of Realtors®
But $100k houses don’t rent for $800/month Mz Craterton. Try $500.
And you conveniently left out losses to taxes insurance and depreciation amounting to an additional $230k driving the total cost to $410,000.
Now let’s ask an honest question founded on the data;
Who ends up taking it in the shorts after 30 years?
“Who ends up taking it in the shorts…”
The spouse, the kids, the neighbors and everyone else who has to fill and do without because the spendthrift house debtor has largely resigned from family and community for the better part of their active years to feed the money lenders and bid up possessions they cannot afford.
If it were not for the overspending all consuming debt indentured, life would be easier for all.
crickets
Why would you pay $800 a month?
I didn’t include maintenance and all the other costs of home ownership. Over 30 years what do you think, another 75K?
I’m not debating home ownership, just the very simple point of what the actual price is, all in on the cost of the house with the loan. I really don’t think this is fully considered. Just like buying a car.
Precisely.
At current grossly inflated asking prices of resale housing, a $100,000 house is ready for the headache ball. It doesn’t rent for half the principal and interest.
Priceless! MLS says $80,000 in interest, you say $83,930 as a refutation! Apparently you prove the point.
You get to keep the $100,000 house! Naturally, it doesn’t cost a penny to “keep” a house for 30 years.
We rented a $100,000 house for $400/mo for many years. Didn’t mow or plow or fix or insure or pay the county tax, or pay PMI.
We rented a $100,000 house for $400/mo for many years.
FWIW, you couldn’t rent a doghouse in my little burg for $400. From what I have seen, a small, not so dumpy house will rent for about $1200 here, and we’re in flyover.
Nor are houses $100k in your ‘burg’.
Yes, but what does a not-so-dumpy house cost in Wonderland? Is it 100 x rent or 200 x rent?
Be sure to re-tweet #YesAllWomen, because statists gonna state:
http://www.infowars.com/california-shooting-exploited-by-splc-and-feminists/
If there ever was an incident that shows that the problem is the mental health system and not the second amendment, it was this one. Three people were stabbed to death and his car was used as a weapon. So we need to ban steal knives, cars and guns or we can make it easier for a family to get someone committed when they think the person is a danger, seems like a no brainer to me but apparently you need a little bit of brain since the left cannot figure it out.
The Southern Poverty Law Center is a terrorist organization.
Stop calling this nasty little piece of goods “mentally ill”. He was no more “mentally ill” than a Stalin, Hitler, Amin or Jong Un. He was just plain evil. No amount of drugs or therapy could ever fix that. He just didn’t have the smarts to develop enough psychopathic charm or charisma to become a politician. There are many people in every day society who are just evil, but not mentally ill. If anything, the drugs probably drove him over the edge.
Whether being mentally ill makes you evil or being evil causes you to be mentally ill is a debate that I think can go on forever. I think they tend to reinforce one another and I do not think the fact that, often, at shootings Christians tend to be a prime target is coincidental.
A repulsive, evil personality is not mental illness. It’s just evil. Period. There is no debate. That there is a manufactured debate is beside the point.
True evil:
http://www.infowars.com/official-bilderberg-2014-membership-list-released/
Absolutely. Soros and Kissinger. Two globalists. And they just don’t have the decency to shuffle off this mortal coil, despite their age.
But all we’re talking here is a matter of degree and method. Truly evil people have certain things in common, one of them being that they freely admit to heinous crimes, but don’t really take any responsibility or feel any guilt over them. It’s like “I did it, so what?”
A repulsive, evil personality is not mental illness. It’s just evil.
One can argue that by definition, one can be mentally ill without being evil, but one cannot be evil without being mentally ill. (Unless evilness is normal)
mental illness n.
Any of various conditions characterized by impairment of an individual’s normal cognitive, emotional, or behavioral functioning, and caused by social, psychological, biochemical, genetic, or other factors, such as infection or head trauma. Also called emotional illness, mental disease, mental disorder.
Evil, in its most general context, is taken as the absence or complete opposite of that which is ascribed as being good. Often, evil is used to denote profound immorality.[1] In certain religious contexts evil has been described as a supernatural force.[1] Definitions of evil vary, as does the analysis of its root motives and causes.[2] However, elements that are commonly associated with evil involve unbalanced behavior involving expediency, selfishness, ignorance, or neglect.[3] wiki
There is no debate.
Yes there is. See above.
One can argue that by definition, one can be mentally ill without being evil, but one cannot be evil without being mentally ill. (Unless evilness is normal)
Actually, I agree with that and have made that argument to people. Write this day down, Lola has said something that I think makes sense.
Lola has said something that I think makes sense.
“I agree….” “I think…..” “I believe….” “I saw….” “I was….”
I think you think a lot of people really care about what you think. Why?
Its an opinion blog, the mere fact that you post means you “think” people care about your opinion and the frequency of your posts means that you must: “think a lot of people really care about what you think. Why?” But I guess every blog needs the view point of a tranny that is delusional enough to think he/she is living in Brazil when they are living in D.C.
the mere fact that you post means you “think” people care about your opinion and the frequency of your posts means that you must
I know people care somewhat what I think. But I’ve never seen anyone who thinks people care what they think on so many issues as much as you do - especially when they are so wrong about history and math. It’s a sight to read. Are you avoided at social gatherings?
Because you are Mr. “I agree….” “I think…..” “I believe….” “I saw….” “I was….I went……I did…..I imagine….I will….I am….I will be…..I”
of a tranny
Got your goat quicker than usual? Why? Because I pointed out that you only support “collectively protecting us from tyranny” on right-wing issues and not the ACA? Why?
Facebook blogs attribute that kid’s problem from the entitlement mentally. That he felt entitled to a hot chick without earning her love. Money for nothing and your chicks for free.
Facebook blogs attribute that kid’s problem from the entitlement mentally.
The entitlement mentality:
“I deserve a country/society to nurture and protect me and mine for free.”
Money for nothing and your chicks for free.
Facebook blogs attribute that kid’s problem from the entitlement mentally.
Is the entitlement mentality like thinking a society/government should nurture and protect me for free? Like “all taxes are theft” but I’m entitled to nurture and protection from my government for free?
Like, Money for nothing and your chicks for free?
Riotarded, your REgressive mind is so warped by communism you think the absence of taxes is an entitlement. I bet you believe it is up to government to decide how much freedom we should get too right?
Sheesh.
Facebook blogs attribute that kid’s problem from the entitlement mentally.
If that were the case, mass murder would be commonplace.
you think the absence of taxes is an entitlement
How could the absence of taxes not be an entitlement for someone like you?
Taxes pay most of your bosses. Taxes keep you safe at night. Taxes provide for the laws that protect your property. Taxes pay for the infrastructure you benefit from. etc etc
So, how could the absence of taxes not be an entitlement for someone like you?
Therefore, is not the entitlement mentality just like you thinking a society/government should nurture and protect you for free? Like “all taxes are theft” but you’re entitled to nurture and protection from your government for free?
I bet you believe it is up to government to decide how much freedom (All Americans) should get too right?
Jefferson Davis to Abraham Lincoln 1861
I bet you believe it is up to government to decide how much freedom we should get too right?
Get real. Why did they write the Constitution? It is mostly only the government that protects our freedoms on a national, state and civic level. Who’s it up to to protect our freedoms? WalMart? BlueCross? You with your pea-shooter and gold coins? If so, we’re doomed.
Government as the Primary Protector of our Rights and Liberties
“We Americans enjoy an unprecedented bounty of rights and freedoms in our lives, not in spite of government, but in large part because of government.”
….While government policies can sometimes threaten our freedoms, our legislatures and courts are also often the most effective avenues for defending and expanding our rights and liberties. In reality, many of the main threats to our liberties often come from the private sector.
Who comes to the rescue when our government violates our rights in these ways? To whom do Americans turn to revoke or remedy those actions and to make sure that they don’t happen again? The government. Sometimes the government acts independently in this protective role, as when federal authorities intervened in the 1960s when some states were violating the civil rights and voting rights of African Americans. But often it is citizens themselves who use one part of the government – usually the courts – to stop another part of the government from infringing on their freedoms and rights. Citizen organizations like the American Civil Liberties Union have been particularly active in using the courts to protect our freedom of speech, freedom of religion, the right to vote, etc.
In the end, then, we depend heavily on the tools of democratic government to protect people’s rights. When we want to limit the abusive activities of government – such as unreasonable searches or unfair appropriations of our property – we need to rely on the positive actions of another part of the government to do so. This is a point that anti-government conservatives consistently ignore. Yes, government can violate our rights, but democratic government also functions as the main protector of our rights and freedoms as well – and it has often done so very effectively. Certainly totalitarian and dictatorial governments are the enemies of freedom, but democratic governments have constitutions and institutions that enable us to effectively protect our rights and freedoms.
We often make the mistake of seeing our rights and civil liberties as merely the absence of some kind of governmental action. We believe that we have free speech or freedom of religion when the government does nothing to impede those freedoms. But in reality, our rights depend heavily on active government – on positive government actions. In fact, the very existence of rights depends on government. In a very real way, rights and civil liberties are actually political constructs – creations of government. Formal rights do not exist until they are created by law or established in a constitution. We only have the right of free speech because it is guaranteed in our constitution. If we didn’t have our constitution, or if we didn’t have government, our civil liberties would literally not exist. In the preamble of the Constitution, the founding fathers did not say that in order to “secure liberty for ourselves and our posterity” they were going to abolish government; they said that they were going to “ordain and establish” a democratic constitutional government to do so.1 They knew, as Benjamin Barber has explained, that “in democracies, representative institutions do not steal our liberties from us, they are the precious medium through which we secure our liberties.”2
Rio,
How do you think the US government ever functioned before 1913?
Rio,
How do you think the US government ever functioned before 1913?
It functioned well but the world changed very fast in the 20th century. The level of the US federal government of 1913 would not have been ample to propel America to become the world’s only superpower left.
He was no more “mentally ill” than a Stalin, Hitler, Amin or Jong Un.
Today’s comedy day?
Must be, if you showed up.
Was this guy on SSRI’s or SNRI’s? I would really like to hear the toxicology reports on these nut jobs. We never get a follow up on that part of the story. Those drugs can cause suicidal and homicidal thoughts, especially in younger users.
Cars and knives have other purposes besides killing. Guns were designed for only one purpose.
Hunting, target shooting for fun, protecting you from predators both human and animal and collectively protecting us from tyranny, hardly one purpose but nice liberal talking point.
collectively protecting us from tyranny
Such as laws collectively protecting us from being denied health-care only because we’re sick?
Or you only support “collectively protecting us from tyranny” on right-wing issues?
Now that is the Lola I expect making a nonsensical point. The Bill of Rights protects us from government, it does not entitled us to any “goodies” from government. There are no laws preventing people from getting healthcare. We succeeded as a country due to the federal government staying out of the way and allowing individuals, their families and churches to take care of their needs. When we decided to change that model particularly beginning in the 1930’s with the creation of governmental Ponzi schemes, we laid the groundwork for Obama to bankrupt the nation.
a nonsensical point
It is a spot on point. Why do you only support “collectively protecting us from tyranny” on right-wing issues? The ACA collectively protects us from the tyranny of insurance companies denying health insurance only because we are sick.
There are no laws preventing people from getting healthcare.
There were corporate rules preventing people from getting healthcare until the ACA. This was corporate tyranny because for many Americans, this denied them the only place to get health-care. So you only support “collectively protecting us from tyranny” on right-wing issues?
We succeeded as a country due to the federal government staying out of the way
Total propaganda. To succeed as a country, our founding fathers wrote the Constitution to make the federal government much stronger than the Articles of Confederation. That’s how you compete as unified country ie The United States.
When we decided to change that model particularly beginning in the 1930’s we became a grownup country and true superpower on the global stage.
This was corporate tyranny because for many Americans, this denied them the only place to get health-care.
What a joke, a corporation can only practice tyranny by controlling the state apparatus. Corporations cannot arrest or jail me for breaking their corporate policies. Prior to Obamacare the federal government was not forcing people to buy insurance through corporations now the Federal government is, that is “tyranny” not the freedom to contract that existed before the law.
a corporation can only practice tyranny by controlling the state apparatus
That does not negate my point but supports it.
Because the Health Insurance Industry was practicing corporate tyranny by controlling the state through lobbying and campaign donations.
How did the Insurance companies practice corporate tyranny? By denying health insurance to the sick, while pressuring the Federal Government to not outlaw such corporate tyranny.
Thus the ACA passed laws that are “collectively protecting us from tyranny”.
So ,why do you only support “collectively protecting us from tyranny” on right-wing issues?
Bwa-ha-ha-ha-ha. I read that the father of one of the male victims, Chris Martinez, wants to meet with the devil spawn’s father and team up, probably to do some anti-gun campaigns. Priceless. I hope the devil spawn’s father in nailed to Martinez for the rest of his life, using his “skills” as a second string and commercial director to do PSAs ad nauseum.
Every incident involves someone that numerous people knew was mentally ill, I guess some people are alright with being killed by a mentally ill person as long as he or she does not use a gun. Personally, I believe that if government at all levels refuses to put these mentally ill people away, we need to relax gun laws in states such as Connecticut and California so sane people can protect themselves.
First you have to find a mentally healthy group of people to populate the government.
You mean ethically unchallenged?
That too, but I also mean not narcissistic, not psychopathic, not pathological liars, not Napoleonic, not little “beat up on the playground when they were kids” bullies. Stuff like that.
Like I said above, stop calling him “mentally ill”. He was just plain evil. There ARE people like that.
I imagine in some ways the family knew exactly what he was, but felt powerless to do anything about it, other than give him a BMW. If I had to guess, I’d say he threw vicious tantrums from the moment he was born, probably threw things at his mother.
You can’t fix a repulsive personality. But it’s not mental illness.
How do you know this? Have you examined the kid?
Holeeeee crap, High and Mighty, all one has to do is see the video and read the manifesto. Even parts of it. You don’t have to “examine” someone to know they’re evil. At least I don’t. That’s PURE evil gazing into the camera. True, sometimes they hide it, as in Ted Bundy and other charmers, but sooner or later their actions follow their thoughts, as it did here.
True evil II:
http://www.infowars.com/soros-admits-responsibility-for-coup-and-mass-murder-in-ukraine/
Best analysis I’ve read this week:
When an “Arab” or “Muslim” American kills people in mass they are a “terrorist”. When a black person shoots someone they are “thugs”. When a white man commits a mass shooting he is “mentally ill” or “sick”.
Whiteness and white privilege are the luxury to be an individual, one whose behavior reflects nothing about white people as a group.
There will be not be a national discussion of a culture of “white pathology” or how white Americans may have a “cultural problem” with their young men and gun violence. The news media will not devote extensive time to the “social problem” of white male violence and mass shootings.
Elliot Rodger, a rich, white, entitled, young man allegedly shot and killed (as he apparently hunted them down) six women while driving his BMW around Santa Barbara, California late last night. Like Adam Lanza, this would appear to be a case of aggrieved white male entitlement syndrome, one which has led to a murderous and tragic outcome.
From the Daily Kos
Such liberal BS, same type incident same type of analysis:
http://www.washingtonpost.com/local/navy-yard-shooting-underscores-how-mental-illness-can-be-misdiagnosed-among-black-men/2013/09/24/e1ded664-2554-11e3-b3e9-d97fb087acd6_story.html
From an article which is about to post:
I am no mental-health expert, but I don’t see why we have to focus so much more on the guns than on the mind-set of the people who misuse them. Especially black people. African Americans make up only 13 percent of the population and yet account for 55 percent of homicide victims. For decades, homicide has been the leading cause of death for young black males, mostly by other young black males.
When a white man commits a mass shooting he is “mentally ill” or “sick”.
Whiteness and white privilege are the luxury to be an individual, one whose behavior reflects nothing about white people as a group.
Actually, he was half white and half Asian. In the last ten years we had one of the most bloody shootings by another Asian. On a per capita (in crazy shootings) basis Asians seem to be ahead, and blacks with the Navy shooting are statistically average, Hispanics including white Hispanics are running behind and white males seem to be running about the same as their over all percentage of the population but that is strange since they are so far behind in other violent crime areas.
Actually, he was half white and half Asian. Asians seem to be ….Hispanics are …white males seem to be ….
Your pontificating on race differences because of race alone are amazing Adan.
So do you think Obama’s bad decisions come from his black half or his white half?
I am responding to the absurd notion that the shooting had anything to do with white privilege. There is no way to address such an absurd notion then to examine whether there really is a racial difference in mass shootings. As far as Obama it was his Marxist mother that raised him but he seems to be inspired by the African Marxist liberation ideology of his father so the bad decisions seem to come from both sides.
I am responding to the absurd notion that the shooting had anything to do with white privilege.
Of course it’s absurd. The fact that he looked and was white, that he grew up in a white man’s privileged world and thought himself entitled because of his white man’s privileged upbringing cannot have anything to do with white privilege. Why? Because it would make white people look like a big part of our culture is sick?
examine whether there really is a racial difference in mass shootings.
Of course there is a difference. The vast majority of mass shootings in America have been white dudes. Your cherry picking a very brief snapshot in time is typical of your introducing bad math and pure propaganda to support your strange biases.
Study Shows White Men Are More Likely To Commit Mass …
bossip.com/…/race-matters-study-claims-white-men-are-more-likely-to-c…
Dec 18, 2012 - Are white men more likely to carry out mass killings like last week’s Newtown … *Mass Murder- The shooter took the lives of at least four people.
Why Most Mass Murderers Are Privileged White Men | Role …
http://www.rolereboot.org/…/2012-07-why-most-mass-murderers-are-privilege...
Jul 23, 2012 - After Seung-Hui Cho killed 32 people in Blacksburg, media attention … Nidal Hasan carried out the Fort Hood shootings, his Muslim faith became all … made clear on Saturday, is that when white men commit mass murder we …
CNN Panelist On ‘White Privilege’: We Have To Ask Why All …
http://www.mediaite.com/…/cnn-panelist-slams-white-privilege-recent-mass-kil...
Dec 23, 2012 - Why are 70% of these mass shootings at the hands of white men? … “This idea white people are being kept down, that white people are being …
70%, that is about the percentage that white males make of the male adult population, females of every race do not tend to engage in mass shooting, thus your own numbers and articles show that their is no big discrepancy here but your liberal sources are not smart enough to do the math. There are gender differences but not a white racial difference.
their=there
There are gender differences but not a white racial difference.
(US population demographics) There are 63.7% Whites when Hispanics who describe themselves as “white” are taken out of the calculation. wiki
According to Wikipedia, 75% of the rampage killings on US record were perpetrated by white males, as were 71% of massacres in schools, and 60% of workplace rampages – a seriously disproportionate number for the number of white males that make up the general population. Clearly, there is more at play here than the advantage of opportunity.
“When an “Arab” or “Muslim” American kills people in mass they are a “terrorist”. When a black person shoots someone they are “thugs”. When a white man commits a mass shooting he is “mentally ill” or “sick”.”
I would consider them all sick, terrorist thugs.
steal=steel
http://peakoil.com/forums/shell-agrees-to-sell-eagle-ford-acreage-to-sanchez-energy-t69779.html#p1194322
I find this very interesting. When I was a regulator in the oil patch, I noticed that as an oil field played out it was sold to smaller and smaller operators. Eagle Ford in Texas is the same type of play as the North Dakota play shale oil and this is telling me that the best years are probably behind Eagle Ford.
AlbqDan,
Link didn’t work but I agree the best of the oil might be pumped out already, but with new technologies who knows what they’ll be able to do.
I have to wonder how long the water supplies are going to be available. I’ve seen systems for cleaning the Waste water and maybe that’s the answer.
BH
I think we are in agreement. Yes, I think they will find ways to extract oil from the shale for decades but the exponential growth days are over. I think the major move into the Permian basin is another sign. At peak production after initial fracking a Permian well averages about 130 barrels a day which is around 1/4 of an Eagle Shale well, if there were a lot of new wells to frac, I do not think the rigs would move, however they can frack the old wells again but you will not see the initial production. Of course, on government lands another oil boom is possible but that will not occur under Obama, people better get use to high gasoline prices.
will not occur under Obama, people better get use to high gasoline prices
I guess you did not get the memo that oil is a global commodity, it’s a huge world out here, USA public land new oil would be footnote to world production at any given time, and Obama has not much to do with world demand for oil growing.
“Milk in Brazil is getting expensive. Thanks Obama for not opening up USA public land to more dairy farming!”
I find this very interesting. When I was a regulator in the oil patch, I…
3 “I“s out of 15 words. Well done Commander.
http://www.youtube.com/watch?v=mF0DDIQIsSY
I think this is a major problem for Tesla, it will hurt the amount it can receive for its pollution credits in the state and these autos will become the new rich person’s status symbol:
http://editorial.autos.msn.com/blogs/post–toyota-betting-on-hydrogen-over-batteries-for-future-ev-models
When the fanatical muslims sing everybody needs to be stoned, they mean something quite different than Goon, so how many generations can cousins marry before you have real problems?
Reuters) - A 25-year-old woman was stoned to death by her family outside one of Pakistan’s top courts on Tuesday in a so-called “honor” killing for marrying the man she loved, police said.
Farzana Iqbal was waiting for the High Court in the eastern city of Lahore to open when a group of around dozen men began attacking her with bricks, said Umer Cheema, a senior police officer.
Her father, two brothers and former fiance were among the attackers, he said. Iqbal suffered severe head injuries and was pronounced dead in hospital, police said.
All the suspects except her father escaped. He admitted killing his daughter, Cheema said, and explained it was a matter of honor. Many Pakistani families think a woman marrying her own choice of man brings dishonor on the family.
Iqbal had been engaged to her cousin but married another man, Cheema said. Her family registered a kidnapping case against him but Iqbal had come to court to argue that she had married of her own free will, he said.
Around 1,000 Pakistani women are killed every year by their families in honor killings, according to Pakistani rights group the Aurat Foundation.
The true figure is probably many times higher since the Aurat Foundation only compiles figures from newspaper reports. The government does not compile national statistics.
Campaigners say few cases come to court, and those that do can take years to be heard. No one tracks how many cases are successfully prosecuted.
Even those that do result in a conviction may end with the killers walking free. Pakistani law allows a victim’s family to forgive their killer.
But in honor killings, most of the time the women’s killers are her family, said Wasim Wagha of the Aurat Foundation. The law allows them to nominate someone to do the murder, then forgive him.
“This is a huge flaw in the law,” he said. “We are really struggling on this issue.”
Housing, Dannyboy, housing.
But as long as we’re going off topic, I went to grad school with a girl (at the age of 28 she still referred to herself as “Punjabi girl”), born in Punjab to her father’s second wife in a polygamous marriage.
She already had a master’s degree in math and was working as a teacher in India when her father died and her half-brother from the first wife became the patriarch of the family, who promptly sought to push her into an arranged marriage, as being age 25 and unmarried brought dishonor to the family.
So she flees to USA to get a second masters degree in finance and escape arranged marriage, and has spent the past few years working as an H1B visa through some really shady sounding employment agencies on assignments for Chase and Citibank, doing one of the “jobs Americans won’t do”, for wages well below what Americans with comparable education and experience would work for…
Housing, Dannyboy, housing.
O.K. Denver’s housing bubble is being supported both by people that want to get stoned and women that want to avoid being stoned?
http://www.match.com/online-dating/colorado/muslim/single-women.html
I have nothing polite to say about this news story. I probably can get away with saying that some religious/cultural beliefs are beyond understanding.
This is why I have been against expending American blood and money to bring “democracy” to the Middle East. The truth of the matter is that poll after poll shows the 60 to 70% of the population of many Muslim countries believe in things such as honor killings. So what advantage do we obtain if the country is run by the will of the majority? When Libya produced 1.5 million barrels of oil per day instead of 160,000 barrels and we did not have to keep 1,000 marines off the coast to protect our embassy, we were far better off. Thanks, Obama, Clinton and Rice for bringing “democracy” to Libya with American weapons, blood and money.
Thanks, Obama, Clinton and Rice for bringing “democracy” to Libya with American weapons,
I know. At least when Reagan illegally sent American arms to Iran we got 7 hostages back and a lot of money to illegally send to Nicaragua.
How the Reagan Administration Systematically Broke the Law
…The Iran-Contra affair was a constitutional crisis that embroiled the Reagan administration in its last two years (1986-88), raised the prospect of Ronald Reagan’s impeachment, clouded the presidency or George H.W. Bush and contributed to keeping it from extending to a second term.
The scandal entailed illegal funding and arming of Nicaragua’s right-wing contras fighting the leftist Sandinista regime as well as illegally trading arms with Iran in exchange for the release of seven American hostages held by Iranian-sponsored militants in Lebanon. Profits from arms sales to Iran were to be used to buy weapons for the contras.
How the Reagan Administration Systematically Broke the Law
Congress had forbidden the Reagan administration from supporting the Nicaraguan Contras, and the administration’s public stance was never to negotiate with hostage-takers, terrorists or Iran. In every case, the administration secretly broke policy and countered congressional directives by launching what was essentially a privatized foreign policy operation. The operation’s point men were the National Security Council’s Robert McFarlane (1983–85) and John Poindexter (1985–86) and NSC staffer Marine Lt. Col. Oliver North.
The scandal eventually implicated numerous and senior members of the Reagan administration, including President Reagan himself, Vice President George Bush, Secretary of State George P. Shultz, Secretary of Defense Caspar W. Weinberger, Director of Central Intelligence William J. Casey, and national security advisers McFarlane and Poindexter. http://middleeast dot about dot com
I know. At least when Reagan illegally sent American arms to Iran we got 7 hostages back and a lot of money to illegally send to Nicaragua.
Exactly and don’t forget it helped to collapse the Evil Empire of the Soviet Union by forcing them to expend money they did not have trying to prop up Nicaragua and they whole plan paid for itself. Only the liberal media would even consider it to be a scandal. The true scandal was the fact that the liberal democrats would not fund a program to keep communism out of the Americas. A bonus was the program kept Iraq and Iran actively fighting each other and not causing trouble for the rest of the world. What occurred was no different than Roosevelt’s “illegal” providing of arms and assistance to GB before the declaration of war.
don’t forget (Reagan) helped to collapse the Evil Empire of the Soviet Union by forcing them to expend money they did not have
Thanks Carter.
From the conservative Claremont Institute:
We should not forget that it was Mr. Carter who began the great anti-Soviet military buildup generally attributed to his successor. Mr. Carter would have built 200 MX missiles; Ronald Reagan meekly accepted 50. Mr. Carter imposed the grain embargo on the Soviet Union; Mr. Reagan lifted it. Mr. Carter kept Americans out of the 1980 Summer Olympics. Mr. Carter sent weapons to the Afghanis. Mr. Carter’s National Security Council, not Mr. Reagan’s, stated the goal of forcefully changing the character of Nicaragua’s Sandinista regime.
http://militarynewswatch.blogspot.com.br/2004/06/jimmy-carters-military-buildup.html
Only the liberal media would even consider (Reagan breaking the law, sending arms to our arch-enemy and causing a constitutional crisis) to be a scandal
For God sakes pull your pants up Lola. You’re exposing yourself again.
“I know. At least when Reagan illegally sent American arms to Iran we got 7 hostages back and a lot of money to illegally send to Nicaragua.”
You should go back and be reincarnated as John Hinckley.
Religion of peace…
Oh lord, when will Muslims finally just disappear already? I mean, it would be better if they would see the light and stop killing their daughters, but otherwise I wish they would disappear.
C’mon out Liberace.
“C’mon out”
He’s not coming “out”, he is Downlow Joe, not Harvey Milk Joe.
How could I forget…. His coworkers are here anyways.
“According to the most recent CapitalIQ data, the single biggest buyer of stocks in the first quarter were none other than the companies of the S&P500 itself, which cumulatively repurchased a whopping $160 billion of their own stock in the first quarter!
Should the Q1 pace of buybacks persist into Q2 which has just one month left before it too enters the history books, the LTM period as of June 30, 2014 will be the greatest annual buyback tally in market history.
And now for the twist.
Unlike traditional investors who at least pretend to try to buy low and sell high, companies, who are simply buying back their own stock to reduce their outstanding stock float, have virtually zero cost considerations: if the corner office knows sales and Net Income (not EPS) will be weak in the quarter, they will tell their favorite broker to purchase $X billion of their shares with no regard for price: the only prerogative is to reduce the amount of shares outstanding and make the S in EPS lower, thus boosting the overall fraction in order to beat estimates for one more quarter.
Compounding this indiscriminate buying frenzy is that ever more companies (coughaaplecough… and IBM of course) are forced to issue debt in order to fund their repurchases. So since the cash flow statement merely acts as a pass-through vehicle and under ZIRP companies with Crap balance sheets are in fact rewarded (as even Bloomberg noted earlier) the actual risk of the company mispricing its stock buyback entry point is borne by the bond buyer who in chasing yield (with other people’s money) serves as the funding source for these buybacks.
In short, corporate CEOs and CFOs couldn’t care less if your friendly Wall Street broker uses the repurchase allocation to buyback the stock at all time highs.
In fact, since a vast majority of executive compensation agreements are tied to company stock “performance” C-suites are perversely happy if their own corporate cash is used to buy the stock near or at all time highs: after all management year end bonus will simply benefit that much more, while keeping activist investors delighted (and away from the embarrassing public spotlight).
So the next time someone asks who keeps on buying stock despite all the negative newsflow, despite the bond yield sliding ever lower despite relentless broken-record pleas that a “recovery is just around the corner”, and with vol near all time lows confirming peak complacency… now you know.”
How far can these people push it?
Everyone Must Check In
I lost my pencil, so I can’t check in. Sorry, watcha gonna do bout it?
PS: I have not bothered to learn and understand the reference, so if my comment makes no sense, then that’s why.
Another real estate developer scam in Arizona
http://www.azcentral.com/story/money/business/2014/05/27/arizona-developer-family-accused-mil-fraud-years/9650239/
He had a Bentley, house in Newport Beach, condo in Newport Beach, Apartment in France, a couple other houses in AZ, $62,000 painting, a Bentley, sent his daughter to school in France, …
Must be a LIEberal.
Another educated and smooth talking psychopath.
Well, I don’t know where to turn now. I think the stock market will go up forever, but I think it will crash, so I’m too scared to buy stocks. I think the housing market will follow suit because of so much financial manipulation. I also think it will crash because of course.
What’s an aunt to do?
I want to buy assets that will be profitable to me, not just merely be owned by me. I may be forced to buy my own residence at a high price if the crash doesn’t begin within a year.
Hmm…Vanguard’s investor shares REIT is up by 16% YTD. Performing even better than emerging market fund.
SFH-moanership is not where the smart money goes. Go into low expense index funds such as REITS, emerging markets, S&P 500, etc.
But…after paying off all of your debts and building up at least 2 years of living expenses in cash