The Housing Bubble

Why do people who long for equality support economic policies that only favors the rich/powerful/connected?

Bearishness is the new black.

San Diego, CA Housing Prices Plummet 11% YoY As Prices Ramp Up Statewide

http://www.zillow.com/san-diego-ca-92130/home-values/

Any predictions on for how long King Cash’s reign is destined to last?

Do white, yellow, brown and red lives matter, too, or only black lives?

Is Boehner’s exit good or bad for Republican election prospects in 2016?

I can not believe that hip, liberal, modern vibe parents in Dumbo are fighting integration of their public schools with the poor black kids.

“What do you love about living in DUMBO as a parent: I love the hip, liberal, and modern vibe in Dumbo.”

Meet Stephanie Chen, creative DUMBO mom & founder of lingerie brand Sapphire Bliss

Tuesday, September 24, 2013

Your job title: President Sapphire Bliss

Your work in one sentence: I design and run my own premier designer lingerie brand. Designed and produced in New York City.

Your children: Girl, nearly 7 years old

Which street do you live on: Jay street

Best thing to do with kids in DUMBO: Play at the Brooklyn Bridge Park, enjoy ice cream, throw rocks on the pebble beach

What do you love about living in DUMBO as a parent: I love the hip, liberal, and modern vibe in Dumbo. Easy access to the water front and parks. Kids-friendly. And close by the city for endless entertainment choices as well as accessible for work.

What needs improvement in DUMBO for families: More good quality restaurants. More parking spots. Less constant film making.

brooklynbridgeparents.com/…/ - 69k -

Liberal-on-liberal violence breaks out at Brooklyn Bridge Park

by David Colon
Brooklyn Heights/ DUMBO
08/04/14 11:57am

We all love Brooklyn Bridge Park, even if we had to make peace with the idea that since housing is supposed to pay for the park it means condos overlooking the nice green grass and the roller rink and the pool. Now though, a group of heroes is fighting the incursion of housing, to preserve some of its natural beauty. Sorry, we didn’t mean “heroes,” we meant faux-liberal NIMBYs who don’t want to see affordable housing go up next to their million-dollar condos at One Brooklyn Bridge Park, according to their incoherent complaints in this weekend’s New York Times. Imagine the horror, the same, the indignity of living next to a family of four who makes $138,440.

Of course, it’s not that these people don’t want to live around poor (well, “poor”) people. Just ask them! The desire for affordable housing to be in “the right way” or in “the best place,” keeps coming up, as is the insistence that the opponents are good liberals who just want things done correctly. The champion of dunderheaded opposition comes from One Brooklyn Bridge Park resident Blair Guppy, who said on a Change.org petition against the buildings that he’d never have bought his expensive new condo if he knew he’d be living near “100% subsidized housing” and then told the Times “By no means am I looking to come across as an elitist. I’m not worried about the influence on property values, but sometimes things need to be looked at.” As of press time, it’s unclear whether Blair Guppy came straight out of central casting or if he wears an ascot.

brokelyn.com/liberal-liberal-violence-breaks-brooklyn-bridge-park/ - 183k -

“Dumbo” ?

“Blair Guppy” ?

“If you have to borrow for 15 or 30 years, it’s not affordable nor can you afford it.”

Air show today in Salinas. Very little pre-practive runs over the valley. Used to be from Wednesday through Friday. Must be jet fuel has become a huge factor. When the Blue Angeles flew expense seemed not to have been a factor as the government footed the bill.

Neo-con “successes” just keep piling up.

http://www.zerohedge.com/news/2015-09-26/latest-embarrassment-us-trained-syrian-fighters-surrender-pick-trucks-ammo-al-qaeda

“Remember…. a ‘housing recovery’ is falling prices to dramatically lower and more affordable levels by definition.”

Watsonville, CA Housing Prices Plummet 13% YoY

http://www.zillow.com/market-report/09-15/7784/watsonville-ca.xls

I’ve previously documented some of my issues with getting a raise……basically Im told that if I don’t like it, feel free to go somewhere else.

In the meantime, the fixr has to go into work today.

The airplane is coming back frim the East Coast. They flew up to see the Pope.

Another item for the “LET THEM EAT CAKE” file…………

e.

So why isn’t every person on this board for Trump?

Oh look - I don’t totally agree with his position on gays or abortion. So I can’t support him.

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Trump threatens to ‘break’ trade pact with Mexico, Canada
The Hill | 09/26/2015 | Meghashyam Mali

Donald Trump is calling the North American Free Trade Agreement (NAFTA) a “disaster” and vowing to renegotiate or break the deal if elected president.

“It’s a disaster,” Trump told CBS’s Scott Pelley in an interview airing Sunday on “60 Minutes.” “We will either renegotiate it or we will break it because you know every agreement has an end.  “Every agreement has to be fair. Every agreement has a defraud claim. We’re being defrauded by all these countries,” Trump continued.

Pressed on whether he supports free trade, Trump responded, “We need fair trade, not free trade. We need fair trade it’s got to be fair.”

Long term run democrat cites which are BANKRUPT want more and more muslim refugees.

Why?

Follow the money and the vote buying.

And if you own a house in these cities - SELL NOW.

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Mayors Of Eighteen U.S. Cities Tell Obama They Are Ready To Take More Syrian Refugees
The Daily Caller | 09/24/15 | Kerry Picket

Mayors from eighteen U.S. cities signed a letter to President Obama saying they are willing to take even more refugees than what has been proposed by the administration.

“We will welcome the Syrian families to make homes and new lives in our cities,” wrote the mayors, all of whom are part of the Cities United for Immigration Action coalition.

“Indeed, we are writing to say that we stand ready to work with your Administration to do much more and to urge you to increase still further the number of Syrian refugees the United States will accept for resettlement.”

“This is a challenge we can meet, and the undersigned mayors stand ready to help you meet it,” they wrote.

The mayors who signed included New York City Mayor Bill de Blasio, Los Angeles Mayor Eric Garcetti, Chicago Mayor Rahm Emanuel, Baltimore Mayor Stephanie Rawlings-Blake and Boston Mayor Martin J. Walsh.

The Middle-Class Squeeze
The Wall Street Journal | 26 Sept 2015 | Charles Moore

In Britain and the U.S., we are learning all over again that it is not the natural condition of the human race for children to be better off than their parents. Such a regression, in societies that assume constant progress, is striking. Imagine the panic if the same thing happened to life expectancy.

When things go backward in nations accustomed to middle-class stability, people start to ask questions. What is the use of capitalism if its rewards go to the few and its risks are dumped on the many? The rights of property do not seem so enticing if the value of what you own collapses or if that property is trapped by debt. What is so great about globalization if it means that the products and services you offer are undercut by foreign competition and that millions of new people can come to your country, take your jobs and enjoy your welfare benefits?

So instead of feeling that it is a privilege to be an ordinary citizen of a free country, many of us start to feel a bit like suckers. Hope—the inseparable companion of progress—fades and is replaced by disappointment, even bitterness. It has always been understood that opportunity carries some price of insecurity, but what happens if insecurity rises and opportunity contracts?

“The FHA has been directed by their politician benefactors to pump up the housing market at any cost. You can get an FHA loan with a credit score as low as 500, so long as you have a 10% down payment. And once you hit a 580 credit score, you only need a 3.5% down payment. The FHA is exempt from the qualified mortgage requirement of a 43% debt-to-income ratio. Many loans have a debt-to-income above 55%. The FHA only looks at mortgage payments in their calculation. The FHA is willing to accept a gift or inheritance as a down payment. You could have no savings, a 500 FICO, a 50% debt-to-income and an inheritance and that would be sufficient to get you a loan.”

http://www.zerohedge.com/news/2015-09-25/table-set-next-financial-crisis

Looks like the same old bs doesnt it?

And remember - all cultures are equal. Diversity is our strength.

And obama is going to import a few million of these folks by the time he leaves office - because they will vote democrat for generations…

Hopefully they will all occupy low income housing next to liberals in their million dollar condos.

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Afghan Child Abuse Is Being Ignored By the Army
Coach is Right | September 26, 2015 | Jim Emerson, staff writer

This week the New York Times reported that “rampant sexual abuse of children has long been a problem in Afghanistan”. On post, Afghani police officers would sexually abuse boys at night under the protection of American forces. “American soldiers and Marines have been instructed not to intervene — in some cases, not even when their Afghan allies have abused boys on military bases, according to interviews and court records.” The unwritten policy for the troops is to neither report nor intervene. Deny all they want it’s there and American troops have no right to stop it.

It is very likely that American Military forces in theater were instructed to not interfere by the State Department. The policy of demanding Americans ignore pedophiles abusing children in the Middle East is a point of contention and one which is denied by Pentagon yes men. Yet troops that dared to take action against pedophiles, Captain Dan Quinn and SFC Charles Martland, had their careers ruined for doing the right thing. Army Values have been flushed down the toilet by Obama Regime policy.

This is nothing new. Gregory Buckley Sr. remembers his son, Lance Cpl. Gregory Buckley Jr, told him he could hear Afghan Officers sexually abusing boys brought onto the base for just that purpose. When asked if his son told his superiors about this grotesque behavior, Buckley Sr. said his son was told “to look the other way because it’s their culture.” Lance Cpl. Buckley was killed later on the base in 2012. No action was taken to weed out pedophiles on any base in theatre. Afghan men were recruited and organized into security forces to fight the Taliban. In fact, they were trained and armed, a policy which made them even more dangerous to local children.

In Japan there is no interest in entrepreneurship, no interest in creativity, no interest in sex, no interest in forming families. Abe wishes to turn it around. That will happen when you can put lipstick on a pig I suppose.

http://www.zerohedge.com/news/2015-09-26/japans-abe-unveils-new-arrows-wish-list-20-gdp-growth-higher-birth-rate-flying-pig

I told my Japanese-American friend (second or third generation American) that white Americans have little interest in forming families. Maybe sex, yeah, but for men there is no reward for becoming a father. The colleagues who do have children are first generation Asian Americans, mostly from Vietnam. They don’t understand the older white singles they work with, why they never married.

They tend to keep with their own kind and not have white friends who have gone through divorce or had parents go through divorce. They shelter themselves from what the law is about and end up the way boomers ended up. Their kids will learn fast. Second generation Asian americans, the children of my former colleagues, will be far less likely to marry.

The number of individuals forced to flatshare well into their 40s has risen dramatically, with figures showing a surge in middle-aged renters priced out of the property market and with little choice but to live with strangers.

Between 2009 and 2014, the number of flatsharers aged between 35 and 44 rose by 186%, according to Spareroom, the UK’s biggest flatshare website, while the number of sharers aged 45 to 54 went up by 300%.

Most are locked out of buying by soaring house prices, but also find that renting their own property is unaffordable. Average rents across Britain have gone up by 10.5% over the past year, far ahead of the rise in earnings, with the typical London rent now £1,558 a month, and close to £1,000 across much of the south of England. Tenants are typically handing over 50% of their salaries to landlords, rising to 72% in the capital.

http://www.theguardian.com/money/2015/sep/25/flatsharing-40s-housing-crisis-lack-homes-renting-london

Metal Saturday. I really like this band, some of their more popular songs have over a million views. These two songs are very under rated, extremely aggressive and just plain metal. A woman vocalist and a band that just kicks ass, will be seeing them live in Tempe, AZ in December. Peace.

Huntress

Senicide

https://www.youtube.com/watch?v=O_K_Rs6glT0

Children

https://www.youtube.com/watch?v=LQ_0vSUV2z4

Haven’t been around in a while, just wanted to check if AQDan has resurfaced to eat crow after the last few months?

Or was this all part of China’s big plan?

My own take is that no country in the world is exempt from the big phenomena running through the markets. Your economy simply can not be based on cheap labor for consumer goods. Nor can it be based on the financial sector and low interest rates. Nor can it be based on raw materials. Legal structures and agreements are worth more than actual products these days, and that is precisely the way it should be. Innovating and distributing is more valuable than merely producing a widget or coding some software. The former is the “value add” that makes the whole system work, the latter is just a job.

The U.S. has its problems but it’s still where you want to run your operations. It’s where you want your cases to go to trial or mediation, it’s where you want to do your deals and file your financial statements. Even if you think you can offshore that–investors will not go for it. It may work for hedge funds and PE, but not for publicly traded companies or even most privately held companies.

Mighty and Co. You guys are giving us a bad name.

Stuff White People Like

This blog is devoted to stuff that white people like

May 21, 2008 by clander

It is a fact that white people will never turn down an opportunity to enlighten other people on the correct way to think. While this is very easy to do through email or face to face conversation, it is exceptionally difficult to do while driving a car. Fortunately for white people there is a solution that is both popular and ineffective: bumper stickers.

Before talking about the types of bumper stickers that white people like, it’s very important to get an understanding about layout and placement. When a white person drives an older car (6+ years old) that has a resale value under $2000, they will coat the entire backside of the car in bumper stickers. Because of the abundance of space they are free to include stickers from all areas of white support: music, politics, the environment, insults to right wing politicians, and various movements that tell people to keep a city “weird.”

But when white people have a nice new car such as a Prius or an Audi station wagon, the fear of losing resale value prevents them from applying more than one sticker. Therefore that one sticker must properly capture the essence of the car and the political views of the driver.

The safest and most accepted choice for a sticker is always one that supports a Democratic Presidential candidate (Ralph Nader is an acceptable substitute). As of February 2008, white law requires an Obama 08 bumper sticker to be placed on the back of every Prius. Though these stickers reach peak effectiveness during an election year, it is acceptable to leave this sticker on the car until the next election regardless of whether or not the candidate actually won. If it’s a disputed election like in 2000, the sticker can be left on for the life of the car.

If a white person does not feel like supporting a candidate, they will likely select a bumper sticker that tells other people what to do. Some popular ones include telling people to Coexist and to stop eating meat.

Though there is no conclusive evidence about the effectiveness of these stickers, white people show no signs of abandoning the campaign. In fact, there is a popular tale in white mythology that tells of an unenlightened man driving on the freeway who saw a bumper sticker on the back of a Subaru station wagon that said “Go Veg.” The sticker was so moving that he threw the hamburger he was eating right out the window and became a vegetarian on the spot. Two days later, he affixed the same bumper sticker to their car and the process began anew until enough people had changed their views to form what we now know as the city of Portland, Oregon.

The only other acceptable sticker option for white people is the white oval country tag sticker used commonly in Europe to help identify cars that cross international borders. Though they actually serve a function in Europe, white people use the stickers to show people where they like to take vacations. If you know a white person with one of these stickers, it’s always a good idea to ask them about where they got the sticker. Your question will justify the presence of the sticker and make the white person feel great.

If you have decided that you want to improve your status with white people by applying a bumper sticker to your car do not make the assumption that you can just use anything! Stickers that support right wing politics, guns, patriotism, war, or hunting are all unacceptable. It is also unacceptable to use a sticker with a clever slogan that does not support a left wing political cause. Any of these stickers will likely end any chance you had of befriending a white person.

Note: attaching a yellow magnetic ribbon to the back of your car will result in being shunned from some of the stricter white communities and should avoided at all costs.

stuffwhitepeoplelike.com/2008/05/21/100-bumper-stickers/ - 916k -

A couple robs a bank and then they post pictures of themselves with the money of facebook:

http://news.yahoo.com/cops-couple-robs-bank-posts-130908103.html

It ain’t just Dumbo

The Harsh Truth About Progressive Cities

National anti-racist educator Tim Wise dissects what we can no longer conceal

By David Dahmer -
Sep 3, 2015

Madison, Minneapolis, Austin, Portland, San Francisco.

These are America’s most progressive, forward-thinking, open-minded, and social-justice-focused cities. They also have the worst racial disparities in the nation and some of the worst racial segregation.

It just doesn’t make sense on paper. It’s not supposed to be this way. But the statistics don’t lie. Rampant black and brown poverty within blocks of white affluence. Eye-popping racial disparity numbers in employment, education, health, housing, and more. Black and brown people of all socioeconomic backgrounds feeling uncomfortable and unwanted in progressive cities that are often segregated as bad as Jim Crow Deep South. In the end, there is very little “Coexisting” in the land of “Coexist” bumper stickers.

Tim Wise, one of the nation’s most prominent anti-racist essayists, educators, activists, and pioneers, tells Madison365 about a conversation over coffee he had with an African American friend in the San Francisco Bay Area who explained in very stark detail why San Francisco was the most racist place he had ever lived in. “This man was in his 50s and had lived in Birmingham, Alabama. He’d lived in Dallas. He’d lived in St. Louis. He said that San Francisco to him was the most racist place he had ever lived,” Wise recalls. “As we teased that out, of course, he was talking about what Ralph Ellison talked about in ‘Invisible Man’ … that feeling of being invisible and of people looking right through you and not really being seen. In some ways, to have that happen in a place like San Francisco has to be more weighty … to have a reputation of being X, but you’re really Y.

“At least if you’re in Birmingham, you know you ain’t X and you know how to protect yourself and prepare yourself,” Wise adds. “This guy was like, ‘It’s amazing living in San Francisco all the crap I experienced that these white liberals just didn’t see at all.’ He ended up moving back to the South, too, because it was so much easier to deal with the overt racism than the covert, colorblind racism that you deal with in liberal cities.”

Wise, whom scholar and philosopher Cornel West calls “a vanilla brother in the tradition of (abolitionist) John Brown,” says progressive cities need to take a deep look at themselves on issues of race. It’s a populace that is so preocupied with pointing out and condemning racism in more conservative parts of the country, he says, that they completely ignore what is happening in their own progressive backyards. For example:

◆ Austin is top-10 in the most segregated cities in the United States … described as “a rich Texas town that holds on to its whiteness for dear life.” Austin is the only fast-growing United States city losing African Americans.

◆ In comparison to their white counterparts, black adults in San Francisco are much more likely to be arrested, booked into county jail and convicted, according to a racial and ethnic disparities report

◆ Portland shows a persistent disparity between how often whites and blacks are stopped and searched.

◆ Minneapolis has seen the formation of the some of the nation’s widest racial disparities,and the nation’s worst segregation in a predominantly white area

◆ Closer to home in Madison, African Americans in Dane County are 5.5 times more likely to be unemployed than their white neighbors. African American families are 6 times more likely to be poor with children 13 times more likely to live in poverty than their white classmates. This disparity in child poverty was the largest among any jurisdiction in the United States. Nearly three-quarters of black children in 2011 were poor compared to 5.5% of white children. This is just the tip of the iceberg, to read more about Madison racial disparities click here.

“Part of it is if a community is so embedded with a school and the school is so committed to putting forth a particular image that doesn’t comport with the lived experience of the people who come here or the people in the community that are left out of that experience, then it’s not all shocking that people will leave, transfer schools, go to a different city, or just never come there in the first place,” he adds.

So, it’s not enough to Photoshop a black guy into a football game and reproduce it on the university literature?

“Yeah, that didn’t help. I do make jokes about that in speeches sometimes,” Wise laughs about the 2000 incident in which University of Wisconsin officials added the face of a black student, Diallo Shabazz, to a file photo for the cover of the school’s 2000 application booklet. “They found a guy that hadn’t even been on the campus for two years and inserted him into a football stands where he was clearly not sitting. It’s like, ‘We really love this picture from the Badger game but, damn, there’s no black people. Let’s get some Clipart!’ If that’s your go-to move, then that’s a problem. And I haven’t really seen too much from them to address that problem in a substantive way since then.”

madison365.com/…/03/what-no-one-wants-to-talk-about-race-and-progressive-cities/ - 175k -

How long will it take kmart and sears to eat through the 2.7 billion they for from selling real estate? Will there be any equity left for common shareholders after they go bankrupt?

A few bonuses will show up I’m sure.

gargantuan.gse.grift.