The Housing Bubble

getting your new neighbor an ashtray as a house warming gift?

Local opposition = bunch of leftover hippies from the 60s who want prices to be like they were 30 years ago.

Guess who is gonna win?

yep central banks and corporations buying their own stock have helped keep the rigged market levitating for years.

Now why would mom and pop want to put their money there?

Cause they are trying to force you in buy making the alternatives less attractive.

With real estate at least you have a tangible asset full of commodities.

Why aren’t short-sellers simply branded as terrorists? Mission accomplished!

“5 years of returns taken away ”

Danielle Hughes of Divine Capital is keeping it simple when it comes to stocks. Yes, September is historically the weakest month of the year. The second weakest month of the year is August and that certainly didn’t do the bears any good last month during a more than 3% rally. The stock market can bend but it hasn’t broken in 5 years. Those betting on history telling them when to time their trades need a better strategy.

“All bets are off the table in terms of cyclicality,” Hughes tells me in the attached video. “You’ve got this incredible Fed providing a mattress for years and years. Combined with what happened in the ECB last week and the (terrible) jobs number are going to keep the Fed more dovish, meaning the Fed is going keep rates as they are for a longer amount of team meaning the party in the stock market is going to continue.”

Hughes understands the objections. Everyone understands. This is a very, very tired market rally. Over bought, over talked and over blown. The best strategy has been buying stocks and forgetting about them. Professionals have to be invested and that means individuals will be with them. It’s about supply and demand.

She likes dividend-paying stocks and staying within basic stock and bond allocations. Within that strategy she wants to buy dips, stepping in ahead of the bears who have been sitting on the sidelines waiting for the next shoe to drop for five years. “They’re embarrassed,” she says of bears. “Look at where the market has gone in the last year or year and a half. It’s about time for them to start thinking about retirement because they’ve just had five years of returns taken away.”

whatever it takes to keep the 0.1%ers whole

Isn’t that exactly when it does go down?

When it does go down, it will be spectacular, simply because they have bent and broken every norm and ethical concept to keep inflating it beyond natural equilibrium. What they have done is 10x worse than what they were trying to prevent. And its not a particularly new or unique trick- hell, look at Argentina’s market.
http://finance.yahoo.com/echarts?s=^merv+Interactive

They have defaulted on their debt 3 times in the last 25 years, the government is full of corrupt and delusional asswipes, the economy is on life support and you can barely find food or toilet paper on a store shelf- but, hey- just look at their stock market!!

Last week’s Investors Intelligence survey showed bearish sentiment at its lowest since 1987 (13.3%).

That was probably just before the big crash that occurred that year.

If I gave you a note would you accept more notes as payment in the future?

If ohbewanna really wanted to help poor people he would have prposed lowered credit card rates from 18+% to 5% or less….would have saved people $100+ a month on $10,000 debt and then all the money would be applied to lowering the outstanding credit limit….so they couldn’t run it up again.

From the comments:

“…if the welfare checks and food stamps stop flowing, it’s game over for America in terms of stability. It’ll be riots 24/7.”

This is true. We are sitting on a massive powder keg in this country. Ferguson isn’t even a sideshow if the SHTF.

Houses depreciate rapidly..

“Houses are like a basket of commodities so buy now to hedge yourself against future currency debasement.”

Why would you wanna buy a bundle of commodities when prices are dropping?

RPT-COLUMN-Lower commodity prices no longer sparking higher Chinese imports: Russell
Tue Sep 9, 2014 1:00pm BST
By Clyde Russell

LAUNCESTON, Australia, Sept 9 (Reuters) - Commodity producers worried about the outlook for Chinese demand have another reason to fret, with the relationship between pricing and import volumes appearing to break down.

China’s imports of crude oil, iron ore and coal have followed a fairly consistent pattern since the 2008 global recession, rising when prices decline and moderating when they increase.

But this year has seen an almost complete breakdown of this inverse correlation for coal, and what may be the start of a similar process for iron ore and crude oil.

The conventional wisdom in the coal industry up until this year was that once it became clear the market was oversupplied, the best option for miners was to push for export volumes while trying to lower operating costs.

The theory was that if the coal was cheap enough, China, the world’s biggest importer, would soak up the extra volume, allowing for economies of scale and ultimately survival in what had become a structurally low-price environment.

This worked quite well, with coal imports rising in tandem with price declines.

When the price of spot thermal coal at Australia’s Newcastle port, an Asian benchmark, starting dropping from its post-2008 high of $136.30 a tonne in January 2011, Chinese buying jumped.

Coal imports rose from 6.76 million tonnes in February 2011 to 35.1 million in December 2012.

The Newcastle price was down to about $86 a tonne by the end of last year and Chinese coal imports reached a record 35.9 million tonnes in January this year.

However, since then, coal imports have been dropping steadily, falling to 18.86 million tonnes in August, the lowest since September 2012.

This decline has happened despite the continued slump in prices, with Newcastle coal dropping to $67.45 a tonne in the week to Sept. 5, a four-year low.

IRON ORE ON THE SAME PATH?

Iron ore may be starting to experience the same sort of dynamic as coal, with a slump in prices failing to provoke increased import demand by China, which buys about two-thirds of global seaborne supplies.
…

Obama’s progressive/neocon war is a jobs program for contractors, LOLZ

http://www.infowars.com/obamas-isis-war-profit-for-military-contractors/

The pomposity and self-righteousness of the college indoctrinated appeasers will get us all killed someday. The number one constitutional responsibility of the Federal Government is to provide for national defense. Get a grip.

A lot of those small towns, townships, villages, and municipalities are just shakedown cities.

How municipalities in St. Louis County, Mo., profit from poverty
by Radley Balko

http://www.washingtonpost.com/news/the-watch/wp/2014/09/03/how-st-louis-county-missouri-profits-from-poverty/

St. Louis County Sounds Like One Big Shakedown Racket Targeted at Black People

http://www.slate.com/blogs/the_slatest/2014/09/04/st_louis_fines_system_washington_post_reports_on_tickets_arrests_in_ferguson.html

Careful what you carry
‘Cause the man is wise
You are still an outlaw in their eyes

everytime the elites create more currency to save their banker friends they rob wealth from you.

Notes for more notes?

good idea Do you think the buses of chinese investors will roll into phoenix soon? There are lots of casinos.

Probably, but really funny. It hit on a Monday morning and it’s sunny skies now and through the weekend. No one missed looking at any crap shacks due to that storm.

The palmster correctly predicted, when the kiddie bioweapons surge began, that it would be a most interesting back to school season in terms of spreading disease.

Wait’ll this hits the oldsters, like grandmaw and grandpaw.

Be careful in the grocery stores and WalMart, where the breeders bring their litters for some family shopping togetherness.

“In truth, the benefits of homeownership are often overstated. Home values have climbed only a little faster than inflation over the last 125 years, according to data compiled by Yale University economist Robert Shiller. The kind of house that sold in 1890 for the inflation-adjusted equivalent of $100,000 would sell today for about $134,000.”

Thats why a lot of my dj friends are so happy for gay marriage..gays spend money like water on entertainment….

Bitcoin, precious metals, investment wines, paper money.

Oh yes, I think this majority thing started in 2013. Yet TV commercials don’t show this. They still show every “man has a woman and every woman has a man” - same thing with radio commercials. In general that is. The percentage does not add up.

As far as the tax, seriously, it actually has been proposed by (surprise) right wing social conservatives. I do not have the link at hand but I read this about three or four years ago. I’m not afraid of such a tax. I can maneuver faster than these fat-a$$ed politicians to avoid the tax. They have to get ahold of too much information to figure out you are single. And even so, I would expect there would be more “marriages of conveniences” as contractual deals in order to escape such a tax. I have seen this in people with green cards. A gal I know had some clothes at a friend’s house (a male) to indicate they were married. Government types are EXTREMELY STUPID. What do you think the term “unintended consequences” comes from? Because they - the elitists, are too arrogant to realize they cannot possibly know all angles to a problem and they inevitably screw up.

some of southeast aurora is nice. the north and west parts of it can be pretty ghetto, reminds me of the inland empire and crappy parts of south florida.

not sure why anyone would choose to retire there unless they needed close proximity to the university of colorado medical center.

Houses cost less in Aurora than in say Broomfield, Highlands Ranch or Washington Park.

i am not from here, my emotional investment in the broncos’ success on the field is limited to the papa john’s promotion of 50 percent off all regular priced orders on the day after the broncos win a concussionball game.

iftheshoefits

buy now while you can!

I don’t read your articles hardly because you don’t quote from them, so who has time to see what you find interesting? But I saw the Home Depot tag and have a Home depot CEO story too.
From your article”

These corporate assholes need to pay for their greed and mismanagement. Frank Blake is the CEO of this piece of shit company. (Home Depot) He worked for years at another stalwart mega-corporation – GE. This scumbag is paid $8 million per year and he has chosen to reward himself and his executive cronies rather than invest in his company and protect his customers.

Billionaire Home Depot Founder Says Pope Francis Is Alienating The Rich

http://talkingpointsmemo.com/livewire/ken-langone-pope-francis

Billionaire Home Depot founder Ken Langone has a warning for Pope Francis.

A major Republican donor, Langone told CNBC in a story published online Monday that wealthy people such as himself might stop giving to charity if the Pope continues to make statements criticizing capitalism and income inequality.

Langone said he was worried the Pope’s comments about an “exclusionary” “culture of prosperity” that may make some of the rich “incapable of feeling compassion for the poor.”

Langone, who is leading an effort to raise money for the restoration of St. Patrick’s Cathedral in Manhattan said he relayed these concerns to Cardinal Timothy Dolan in New York. Specifically, Langone said he told the church leader he spoke to a donor who could give millions of dollars to the cathedral project but was worried about the Pope’s “exclusionary” remarks.

“I’ve told the cardinal, ‘Your Eminence, this is one more hurdle I hope we don’t have to deal with. You want to be careful about generalities. Rich people in one country don’t act the same as rich people in another country,’” said Langone.

CNBC also spoke to Dolan, who said he told Langone the unnamed donor’s concerns seemed based on “a misunderstanding of the Holy Father’s message.”

I’m tellin’ ya, this ISIS thing isn’t what we are being told.

McCain is a brain damaged piece of garbage.