Considering the vast excess of homebuilding capacity now in the US, they longer all the big builders stay in business, the less stability we have in the long run in that business. I don't think a single one of these companies has really adjusted its thinking to the fact that we only need a fraction as many homes as they were building during the boom.
One's heart has got to go to all these unemployed construction workers. Good jobs, good wages, enough to raise a family, etc. Gone, and for a long while to the looks of things.
Rob Dawg wrote: Massive dislocations as almost every form of economic activity redeploys in the face of a new tax. The VAT would create a massive underground economy of cash and barter for starters. Prop 13 being abolished by say a Federal Receiver of the bankrupt State would equally set off a mad scramble to trade properties at new presumed values. If my property taxes were to triple so that my neighbors could go down 30% the value of my house would go down by $200k and his by $400k. I know, weird but that's the kind of disruption I'm talking about. A national VAT reshuffles the entire economy.
I have to admit, liberal as I am, that I really liked Dubai, where there were no taxes and regulation. Enough to give all the free market people on this board a 6 foot boner.
Except, you know, it crashed and vaporized. You know, that little one negative.
The interesting point there is that the government owns everything, including DEWA, the power and water company. So if it were really to go bust: no desalinated drinking water.
Dubai: the logical conclusion of the Starve the Beast approach to governing.
One's heart has got to go to all these unemployed construction workers.
A friend of mine was recently laid off from the Pacific Design Center project in West Hollywood. It was being partially funded by Union money, which appears to have run out. Work is still proceeding, but at a much slower pace.
Here in the Central Valley, more than likely the guy tacking Tyvek onto particle board and calling it a home, was a Hispanic.
They were making good money. These guys didn't take jobs from anybody who wanted on. How much wasn't counted in UE? Large population of transplanted eastern Euros in N CA in construction also.
It's a much different gig in the Central Valley, as compared to LA/SD, as Hispanics do all the heavy lifting of our fruits and veggies, and are much more accepted here, than the Big Smoke, where 2 cultures live side by side but almost don't acknowledge one anothers presence, parallel worlds separated by tongue.
or :weeds: not sure but building in the Portland area continues to pick up. Including CRE now which is following a pick-up in residential the last several months. I can't quite figure out why as there is plenty of both vacant.
Most of the young in Quebec speak English, especially when they have a college degree. Hispanics here have a hard time getting their kids to speak any Spanish.
I fly a lot for work. As I land in many cities, you can see idle lots with no construction materials or equiment nearby. Scraped flat, sometimes with roads or utilities.
My personal favorites are the ones with 1-3 homes on what would have been cramped lots. However, for the forseeable future, they have no neighbors.
My coworker believes the world is ending in 9 months and 29 days. Then it's the rapture I plan on bringing in an extra pair of shoes and leaving them in the hallway by his door. Then one of the secretaries is going to scream and yell "My God! He just disappeared! He went up through the ceiling!" He told me he might not be worthy enough to be raptured.
Hispanics here have a hard time getting their kids to speak any Spanish.
Where is your "here"? My "here" has a staff bilingual sign interpreter at my kid's high school that gets paid more than it would cost to provide every student a new Macbook every year. Don't lecture about assimilation.
Then it's the rapture I plan on bringing in an extra pair of shoes and leaving them in the hallway by his door. Then one of the secretaries is going to scream and yell "My God! He just disappeared! He went up through the ceiling!" He told me he might not be worthy enough to be raptured.
Don't forget the holy undies if you are Mormon. I'd hate to be kept out (and all of my female kin folks) on the basis of a technicality.
Where is your "here"? My "here" has a staff bilingual sign interpreter at my kid's high school that gets paid more than it would cost to provide every student a new Macbook every year. Don't lecture about assimilation.
In my "here" they don' have to after 7th grade as they are either pregnant or working
Ryland's management were all talking about a soft landing back in 2005...wrong again guys/girls.
I'm pretty sure they didn't study the secondary mortgage market securitization - will that happen again, don't know. Like many, they trusted it was being 'handled" by others
Aggregate demand: Think of the unemployed houses | The Economist
I thought they were going to use this in a different context. Houses used to work, provding lots of tax exemplt cash to owners through helocs and cashout refis. In CA, the value of a single family home rose faster than the average income of a fulltime worker for several years.
Then, suddenly, like a good employee with a drug habit, homes went from productive members of society to money pits. They started demanding help, maintenance, and money. Maybe it was more like a virus, it happened to too many homes at once.
I weep for their illusory income, and the now-tarnished reputation of the word "home". It was once revered, but is increasingly reviled.
They really felt a bunker mentality was taking over the USA, not like the late 50's kind of fear of Russia, this time we are afraid of ourselves.
To be honest "ourselves" is misleading. Scared of whom? Some type of issue/divide that is white v. black? Since we don't have a universal guiding principle sans Greed is Good (tm), I'm not surprised that people aren't sure where to start drawing the lines besides the ones that were drawn by our ancestors.
Small banks and credit unions are the source where small business gets its capital, but our community banks are in a double bind. Their lending on commercial real estate is, as a class, about 330 percent of capital — they’ve got three times as many loans outstanding as they do capital. The F.D.I.C. wants a one-to-one ratio. A commercial loan typically has a two- to five-year term, and then it’s got to be renewed, and what the F.D.I.C. is telling banks is don’t renew two out of three — get rid of them.
...
But the value of the commercial real estate — the collateral for these loans — has been collapsing, so the banks trying to get into compliance find that the current market value of this commercial real estate will not support the value of the loans that are currently outstanding, and in many cases the borrowers do not have the reserve equity that is necessary to downsize the loan. Many of these borrowers are forced to default on the loans. And there is no functioning market for the bank to sell that property except at distressed prices. Right now the distressed values are 20 to 30 cents on the dollar, which drives the banks out of business, because it depletes their capital.
...
I have 31 banks headquartered in my state — 12 are under regulatory supervision and must reduce their outstanding loan portfolios. Those 12 banks are effectively out of business.
* *
My "here" has a staff bilingual sign interpreter at my kid's high school that gets paid more than it would cost to provide every student a new Macbook every year.
Here is MA. My wife charges a fair sum to translate technical docs into Spanish and teach the wealthy. She still can't get our son to speak Spanish and neither can any of our So. American friends. As for older children recently immigrated, the school systems drag the process out for their own purposes. A child up to teen years can probably be completely fluent in less than 2 years in a proper program with no parental assistance.
PS: I do not lecture about assimilation, but my wife does and is quoted in newspapers and magazines on the topic.
PS: I do not lecture about assimilation, but my wife does and is quoted in newspapers and magazines on the topic.
And my mom was the former director of Competency Assessment for the Commonwealth. You are way out of your depth with your generalization of the national condition from your local experience.
(1) Legally required benefits include social security/medicare, unemployment insurance and workers comp
So on average, the typical government worker gets paid 34% more than people in the private sector.
On average, the typical government worker gets 20% more time off than the typical private sector worker.
The average insurance package for a government employee is worth over 2 times (111%) the value of the average private sector worker’s insurance package.
And finally, the typical government employee gets a retirement package worth over 3 times (229%) that of the typical private sector employee.
The only place the private sector employee rises above the typical government employee is in supplemental pay (overtime and bonuses), which simply means the private sector slaves are working harder to pay for the government workers.
So on average, the typical government worker gets paid 34% more than people in the private sector.
Yea, Ms. Sippn is looking, but as long as it's within 8-12K of her current pay, the state benes are that much better than her "full bene" corporate job, prior to comparing retirements. (mostly medical etc.)
sometimes I am not sure what to make of these pronouncements whether it be the Fed or the White House...
reminds me of the cover of Faith Hill on Redbook - check here for the before and after photo of Faith,
hell... they even changed her jawline, also removed fat on her back and waist and made her arms impossibly skinny Here's Our Winner! 'Redbook' Shatters Our 'Faith' In Well, Not Publishing, But Maybe God
...
watch the before and after, it's like a flashing traffic light...
foreclosures up in 1h but so is housing affordability "let's not throw in the towel": Tech Ticker, Yahoo! Finance
I have a friend from Nebraska. Home price was in the teens there. Came here (N CA) in 03 because he was afraid his 3 girls would leave as there is nothing there.
He went back. Works in a trailer assembly plant, swing shift, hates it, evidence of drug abuse now. Girls gone.
But the house is paid for.
I really don't think the paid for house was that important.
And my mom was the former director of Competency Assessment for the Commonwealth. You are way out of your depth with your generalization of the national condition from your local experience.
Thanks Rob. Un jour, je vais voir le monde, perro es bueno apprender de un experto.
watch the before and after, it's like a flashing traffic light...
It turns out Faith Hill looks sort of like your mom. Frankly, of course, if your mom looked like this, I'd still have to do her, but Redbook is under strict instructions to skew younger and if anyone is going to be in touch with what the Girls Gone Wild generation is looking for in a magazine it is not the editors over there. And so weight of the task, kid, falls on us.
There were 377 foreclosure deeds recorded in June 2010. This is a record high for the month, the second highest monthly number recorded in this series, and an increase of 45% over foreclosure deeds recorded in June 2009. At this pace New Hampshire remains on track for a record number of foreclosures this year. A significant decline in the number of foreclosures is unlikely until we see steady improvement in the underlying economic conditions including real growth in jobs and a resurgence of residential property values accompanied by an increase in demand. (How about never? Does never work for you?)
Photo-shop was quite the boon for aging women celebrities, tummy tucks with the click of a mouse, eek!
The same thing happened with money through the ages since the Romans, and the king or queen was often made to look much more handsome or beautiful, than in real life.
Really tough question, but only one standing President has appeared on an American coin whilst in office, who is it?
Yes against the Euro. We'll see a capitulation $1.18 print. Oil is a separate issue. Double dip and deflation gonna draw down both inventory and demand while transport costs plummet. We could also see a Latin American debacle that changes the Us/Mex/Ven dynamics.
Outsider, I don't have a good data set here for VT yet. Good as in what I think is even remotely accurate. I can say my on the ground look is more homes up for sale than this time last year. An AFFORDABLE home that is still on the market after 2 years sitting empty. Following this home, its price has been reduced 3 times and its not a shamble of a home in need of major repairs. In my area, these affordable homes usually resulted in bidding wars just a year or two prior since they are or were in very short supply (middle range). The county I live in is the most populated in VT because of what is a good job market by VT standards and because of its proximity to the lake, more expensive. I'm starting to see 'reduced price!' signs...NEVER, EVER saw that here before in my 11 years here.
Vt housing market has always been really, really strange.
Yes against the Euro. We'll see a capitulation $1.18 print. Oil is a separate issue. Double dip and deflation gonna draw down both inventory and demand while transport costs plummet. We could also see a Latin American debacle that changes the Us/Mex/Ven dynamics.
Sounds about right Rob, I only ask because Oil is priced in dollars as you know....and with the falling dollar Oil will rise, but how much is anyone guess.
RD- the sad fact is most of the last twenty years of recent immigrants were barely literate in their native language, and if you bring their children into the school systems at a young age, they tend to speak and write English, while learning the most horrible Spanglish from the parents and their peers. Sitting in a state with a long history of south of the border immigration, and working down the hall from a young lady who just had a sojourn in Mexico with her fiance in spite of speaking almost no Spanish, one can safely conclude that after two generations (forty years), almost all traces of the mother tongue are gone. When you get past the kitchen spanish, and ask them to watch the news in Spanish or read a newspaper in Spanish- it is gone.
The classic American pattern. How much French do your kids speak?
nanoo - Housing has always been tight in my part of the state. But the surprising thing to me is there's a 41 home development I know of that stood idle for a year or so, resumed building in early spring, and the places are actually selling. New homes. Granted, the prices are relatively low and I notice they're vinyled instead of wood flooring, etc., but they're going for asking price for the most part.
That will be interesting JBR. Yes, within commuting distance but in the hills and not even close to anything major, just within spitting distance of the county line to the east. VT is a tough market both for jobs and homes. I'll bet your wager in Woodstock is correct...expensive! But, I'll also be interested to hear about properties up for sale, etc. and if you find anything noteworthy is gone.
Silent Cal?
reminds me of a story I read: some DC dowager approached him at a Soiree and said -
"I just bet my friends $50 that I can make you say 3 words or more."
he responded with, "You Lose."
I've loosely followed NH market Outsider. I had a come to Jesus moment one year about property taxes here and thought we might have to move. Thankfully, my worst fears weren't realized. But I looked around Lake Winne area and some others. Yeah, its a lot like here, very schizoid. Oh and we've got more loons this year! No more dibs on that.
The classic American pattern. How much French do your kids speak?
It is one reason that children of mixed Japanese/American (usually wife being Japanese) are academically beaten to learn Japanese and stay within some competition with their peers back in their "homeland". I know a few parents who even send their mixed Americans to Japanese Saturday school to help them stay abreast of their mother tongue.
.
Odd dynamic in play there.
Adolf Eichmann was not, in fact a member of the W administration, despite the deep philosophic connection between him and a few that were... bzzzzzzzzzzt
When you get past the kitchen spanish, and ask them to watch the news in Spanish or read a newspaper in Spanish- it is gone.
The classic American pattern. How much French do your kids speak?
That's my point. This time is different. Very little integration. The County of Ventura has 22 translators available. Sounds like a lot? These staffers are for Mixteca to Spanish.
Roughly, where abouts are you Outsider? The Whites are no slouch either. I think a lot of upper NE (you know, north of the unmentionable) is beautiful. Hands down a winner...that is if you can stand the winters. I'm hotly anticipating fall. Its been a blazer this year.
not only did I choose the right guy but I walked back the cat to explain how this might be...
the Nixon Admin... Sammy visited the White House many times
Sad fact is everyone here is a prisoner of their own experience...my wife is a recent immigrant, native Spanish speaker and fits absolutely none of the stereotypes promoted above...nor does our daughter who is fully bi-lingual.
nanoo - seacoast area, not far from Portsmouth, and an hour or more to Boston.
Vermont has those beautiful countrysides. When we moved to NH I thought - hmm. This is kinda straggly. Esp. the northern parts. Lots of scraggly pine and sand. And a whole lotta boulders. But the quality of life can't be beat.
About winters, I'm already starting to get depressed. But global warming debates don't upset me as much as they do some on this blog.
my wife is a recent immigrant, native Spanish speaker and fits absolutely none of the stereotypes promoted above...nor does our daughter who is fully bi-lingual.
College-educated? Yeah, that doesn't fit the stereotype being promoted above (I think)
I thought they taxed you every step of the way. During production, during distribution, during sales... an all in one, all exclusive, and the kind of multipliers of tax.
Yeah, I was thinking of that clip when I made the comment. The thought of hiring people to translate some bastardized hybrid Spanish into "Spanish" was just enough to make me thankful again that I'm not in the land of perfection and beauty known as CA.
I'll bet your wager in Woodstock is correct...expensive! But, I'll also be interested to hear about properties up for sale, etc. and if you find anything noteworthy is gone.
Yeah, it's always been full of monied flatlanders, I'm sure that hasn't changed. I'll take a little RE tour and update. It'll also be interesting to se what work there is there. I worked in a book bindery, metal shop, construction... there were little workshops everywhere. I'm assuming that's gone...
My cousin in LA is blond and blue eyes. He is married to a Mexican woman. He speaks Spanish fairly well. He loves eavesdropping...
LOL! Yeah, looking 'gringo puro' folks will tend to let their guard down around you...stopped working with my wife and her sisters though, but they tend to talk so quickly that I really do need to be focussed on the conversation to understand.
Thanks Outsider, now I've got the flavor of your area. As for winter...LOLOLOL! You have winter? I love the winter here, I get giggly when it gets below zero. But most of all, its the quiet I love especially during and after a heavy snowfall. But I'm like those religious converts of different types...I'm a southern girl, the worst of the lot because I didn't have to go to school in the snow barefoot going up hill both ways during a nor'easter and -20 degree temps. Husband is from here though, he loves it still despite achy creaking bones.
re: VAT
I thought every state but OR, MN, NH, and AK already had a state sales tax
what would be so cataclysmic about a national one?
Congress approved a new income tax as part of the Revenue Act of 1916. The law set out to raise $205 million in new revenue, with more than half coming from the income tax. Lawmakers boosted the "normal" income tax rate from 1 percent to 2 percent on net incomes over $3, 000 ($4,000 for married couples). They also raised surtax rates, moving them from a maximum of 6 percent on incomes over half a million dollars to a maximum of 13 percent on incomes over $2 million. The changes made the income tax steeper, but left it's base quite narrow; the levy still applied only to the nation’s richest taxpayers.
The 1916 law also raised the corporation income tax from 1 percent to 2 percent, and introduced a new federal estate tax with an exemption of $50,000 and rates ranging from 1 percent to 10 percent. The law included a novel munitions tax designed to appease opponents of American involvement in the war; levied on manufacturers of military equipment, it was designed to prevent war profiteering. Finally, the law featured a host of excise taxes, as well as a capital stock tax on corporations.
nanoo - First we settled at the base of the white mtns. before moving southerly. I will never forget the crisp crunch of powdery white snow and so quiet you could almost hear the snowflakes fall. Lots and lots of snowflakes... But I also remember minus 20 degree nights with the wind howling. That was downright scary.
First we settled at the base of the high sierra mtns. before moving southerly. I will never forget the crisp crunch of powdery white snow and so quiet you could almost hear the snowflakes fall. Lots and lots of snowflakes... But I also remember 20 degree nights with the wind howling. That was downright cold for a Californian.
'friggn delightful here, barely over 90 with a light breeze, and i've heard about this thing called humidity, sounds icky.
Ignore Juvenal. CA is a horrible dystopia in which you can be swallowed up in an open fault at any minute, shot by a gangbanger while taking your morning constitutional, taxed at 112% of your income, pushed out of the grocery line by entitled mothers with their trophy children in fancy carriages, forced to marry someone of your own gender and forced to abort your children if you can't afford an expensive carriage. It is sheer hell here.
People who sleep on broken glass have no reason to complain.
Don't blame me for finding a god-forsaken place to earn a living. My ancestors went "west" after the Revolutionary War and figured there was little reason to head west of the Mississippi. Nothing out there but Indians and wilderness. I can't help it you all decided to keep on going and plundering what my ancestors couldn't imagine.
Outsider, yup it can be. One year we had a prolonged spell where the highs didn't even hit zero. I had frost on the insides of the door frames and its a tight house. But gotta say, I'd rather push snow around than huddled in my basement awaiting the next tornado and never getting rid of that dang mold and mildew ever, ever, ever!
Don't make me turn this sociological wagon around and head back to the colder/milder region of the planet. If the gods had meant to make "olive" northern Europeans, they would have placed Europe further south!
.
Juvenal Delinquent wrote:
We've had to turn on the a/c just twice this summer, that ain't right.
Sadly, I have to set my thermostat at 80F during the day to save electricity, and when I come home from work, the apartment feels great.
Gee, Rob, your net worth is well north of a million bucks and your house is probably worth about that much if not much more - why don't you tell us why a property tax bill of less than 5K/year makes sense and isn't regressive?
CA is a horrible dystopia in which you can be swallowed up in an open fault at any minute, shot by a gangbanger while taking your morning constitutional, taxed at 112% of your income, pushed out of the grocery line by entitled mothers with their trophy children in fancy carriages, forced to marry someone of your own gender and forced to abort your children if you can't afford an expensive carriage. It is sheer hell here.
All that happened to me on my way to work this AM! Plus, people were shouting at me in Spanish!
It's okay. I don't think we will live to see the hate, the kids pointing at us and saying "Mommy! Whys he sooooo white?" The stares at the beach and some old woman telling us "I don't know why you folks come here...."
I discovered the wonders of generator ownership after Hurricane Opal rocketed up the AL/GA state line and hit my little metro ATL county HARD. We were without potable water or electric for over a week. I thought I was gonna die. Lesson learned.
Hear ya on that. After we lost our power for 4 or 5 days after an ice storm 2 yrs. ago (no water either) I realized this country would not last long in a blackout. People were starting to harrass the linemen in some areas where the electricity was out for weeks, not letting their trucks leave until the power was restored... It was getting ugly.
JD, you know CA better than myself, which is saying something. You know that neighbors literally pay 10x each other, and that the short end of the stick almost invariably falls on younger families.
Furst
Prolonged. Good, a new adjective. I was getting tired of extended.
Mortgage rates set new low again - Business - Real estate - msnbc.com
Show me 3%.
GrandOldTurkey wrote:
First posters are required to have a pithy comment, monkey icon, or Tanta Vive! in their post. Disallowed.
Hoo Cooda Freaking Node?
A Frist vivisection reference also works.
Will it a simple
be okay?
We have too many houses.
"Housing gross profit margins averaged 15.9 percent, excluding inventory and other valuation adjustments, "
Well gee. There's a GAAP I could sail the Titanic through.
greenchutes wrote:
Yes. And had GOT used a misspelling as part of a longer phrase, i.e. Diane Von Firstenberg! it would be acceptable.
It's obvious more stimulus is needed, and the next $8,000 giveaway should be named:
Preparation H
Lack of funding threatens the future of HIV drug therapy in the developing world
This should get interesting real soon.
Considering the vast excess of homebuilding capacity now in the US, they longer all the big builders stay in business, the less stability we have in the long run in that business. I don't think a single one of these companies has really adjusted its thinking to the fact that we only need a fraction as many homes as they were building during the boom.
nova wrote:
One's heart has got to go to all these unemployed construction workers. Good jobs, good wages, enough to raise a family, etc. Gone, and for a long while to the looks of things.
Aggregate demand: Think of the unemployed houses | The Economist
I blame the Housing Austerians.
Rob Dawg wrote:
Massive dislocations as almost every form of economic activity redeploys in the face of a new tax. The VAT would create a massive underground economy of cash and barter for starters. Prop 13 being abolished by say a Federal Receiver of the bankrupt State would equally set off a mad scramble to trade properties at new presumed values. If my property taxes were to triple so that my neighbors could go down 30% the value of my house would go down by $200k and his by $400k. I know, weird but that's the kind of disruption I'm talking about. A national VAT reshuffles the entire economy.
I have to admit, liberal as I am, that I really liked Dubai, where there were no taxes and regulation. Enough to give all the free market people on this board a 6 foot boner.
Except, you know, it crashed and vaporized. You know, that little one negative.
The interesting point there is that the government owns everything, including DEWA, the power and water company. So if it were really to go bust: no desalinated drinking water.
Dubai: the logical conclusion of the Starve the Beast approach to governing.
Here in the Central Valley, more than likely the guy tacking Tyvek onto particle board and calling it a home, was a Hispanic.
MiTurn wrote:
A friend of mine was recently laid off from the Pacific Design Center project in West Hollywood. It was being partially funded by Union money, which appears to have run out. Work is still proceeding, but at a much slower pace.
Yes, but I think a Diller/Diane pun is a little much to ask from this class of rookies.
Unemployed Houses: A Recalculation Story, Arnold Kling | EconLog | Library of Economics and Liberty
Juvenal Delinquent wrote:
How much longer -- assuming the economy continues to drag -- will "Hispanics" become the blame for high unemployment? Do mobs racially profile?
FWIW:
Data input feed to Redfin East Bay (SF Bay Area) seems to be broken. No listings/sales listed in the last day or two.
Do mobs racially profile?
In the South they historically have
nova wrote:
there you go again
Juvenal Delinquent wrote:
They were making good money. These guys didn't take jobs from anybody who wanted on. How much wasn't counted in UE? Large population of transplanted eastern Euros in N CA in construction also.
It's a much different gig in the Central Valley, as compared to LA/SD, as Hispanics do all the heavy lifting of our fruits and veggies, and are much more accepted here, than the Big Smoke, where 2 cultures live side by side but almost don't acknowledge one anothers presence, parallel worlds separated by tongue.
Ryland's management were all talking about a soft landing back in 2005...wrong again guys/girls.
mp, I feel it too. It does not bode well for our future as a country.
Unexpected?
Gramor lands $45 million for Progress Ridge - Portland Business Journal
$60M project breaks ground in Wilsonville |
kgw.com | Portland News, Local News, Breaking News, Weather
| Business News
Juvenal Delinquent wrote:
Sounds like Europe, except replace tongue with religion.
Juvenal Delinquent wrote:
Quebec redux.
If any of you are pilots you should do this to your friends:
LiveLeak.com - pilot pretends to faint
Sounds like Belgium, with Flemish and French spoken.
Religion is quite dead in Western Europe, what do they say, "the churches are empty and the mosques are full?"
Rob Dawg wrote:
Most of the young in Quebec speak English, especially when they have a college degree. Hispanics here have a hard time getting their kids to speak any Spanish.
lama wrote:
And walked around the office talking about something else. At least that was the case at the SoCal homebuilder I worked at at the time.
Comrade Kristina wrote:
A lot of us feel the same vibe. I started noticing it over the past three months.
ac wrote:
Rob!
lama wrote:
Didn't Selena need to learn Spanish after she started her singing career?
In Sacramento, 1 in every 31 housing units is in foreclosure.
The pressure is mounting. Prices haven't caught up yet for the mid-upper tier.
a little more detail from: Republicans Block Small-Business Lending Measure - Bloomberg
I fly a lot for work. As I land in many cities, you can see idle lots with no construction materials or equiment nearby. Scraped flat, sometimes with roads or utilities.
My personal favorites are the ones with 1-3 homes on what would have been cramped lots. However, for the forseeable future, they have no neighbors.
Which is worse - bankers or terrorists wrote:
I wrote about Ryland. I have a funny feeling they spoke the same way in the privacy of their offices.
My coworker believes the world is ending in 9 months and 29 days. Then it's the rapture I plan on bringing in an extra pair of shoes and leaving them in the hallway by his door. Then one of the secretaries is going to scream and yell "My God! He just disappeared! He went up through the ceiling!" He told me he might not be worthy enough to be raptured.
lama wrote:
Where is your "here"? My "here" has a staff bilingual sign interpreter at my kid's high school that gets paid more than it would cost to provide every student a new Macbook every year. Don't lecture about assimilation.
I talked to this Dutch couple in their 60's for about an hour about everything, yesterday.
They really felt a bunker mentality was taking over the USA, not like the late 50's kind of fear of Russia, this time we are afraid of ourselves.
Gomer Pyle: surprise surprise surprise!
I'm not surprised.
Pretty pathetic really.
nova wrote:
Don't forget the holy undies if you are Mormon. I'd hate to be kept out (and all of my female kin folks) on the basis of a technicality.
nova,
We're all going straight to HELOC, unless there's a Jubilee Rapture and all our debts go bye-bye.
I see any californian that can't speak both on a basic level as either lazy or stupid. I hear more Armenian and Farsi than either some days.
It's different this time:
The Deficit Debate | Institute for New Economic Thinking
Cinco-X wrote:
Lol! Yes, I've done that or something like that. From the right seat; "What's this button for?..." ... wroooowoooow...
Where is your "here"? My "here" has a staff bilingual sign interpreter at my kid's high school that gets paid more than it would cost to provide every student a new Macbook every year. Don't lecture about assimilation.
In my "here" they don' have to after 7th grade as they are either pregnant or working
RUMSFIELD!
lama wrote:
I'm pretty sure they didn't study the secondary mortgage market securitization - will that happen again, don't know. Like many, they trusted it was being 'handled" by others
sum luk wrote:
I thought they were going to use this in a different context. Houses used to work, provding lots of tax exemplt cash to owners through helocs and cashout refis. In CA, the value of a single family home rose faster than the average income of a fulltime worker for several years.
Then, suddenly, like a good employee with a drug habit, homes went from productive members of society to money pits. They started demanding help, maintenance, and money. Maybe it was more like a virus, it happened to too many homes at once.
I weep for their illusory income, and the now-tarnished reputation of the word "home". It was once revered, but is increasingly reviled.
Richard Koo laughs at Western fiscal/monetary foolishness.
This Is The Only Lecture You Need To Watch On Why The U.S. Is Just Like Japan
Juvenal Delinquent wrote:
To be honest "ourselves" is misleading. Scared of whom? Some type of issue/divide that is white v. black? Since we don't have a universal guiding principle sans Greed is Good (tm), I'm not surprised that people aren't sure where to start drawing the lines besides the ones that were drawn by our ancestors.
Yeah, those stupid Japanese never spent.
fudge_hend wrote:
My Portland friend says an Intel fab is in the possible works there, lots of trickle from that. Foreign concept, mfg jobs=needs for buildings
From: Can Government Help Small Businesses? - You're the Boss Blog - NYTimes.com
All these builders just need to move to LA. Everything's just fine!
West Hollywood Carl's, Jons Really On the Way Out? : Developments : Curbed LA
Juvenal Delinquent wrote:
I see a lot of Archie Bunker mentality.
nova wrote:
ROTF. Better; a full set of clothes and "My God! The clothes just melted off and then the wings and you should have seen the size of his..."
I can't drive past a 'Jons' without thinking of the McD's in "coming to america".
Deficits vs. Deflation.
Do you like death by cyanide or arsenic?
Rob Dawg wrote:
Here is MA. My wife charges a fair sum to translate technical docs into Spanish and teach the wealthy. She still can't get our son to speak Spanish and neither can any of our So. American friends. As for older children recently immigrated, the school systems drag the process out for their own purposes. A child up to teen years can probably be completely fluent in less than 2 years in a proper program with no parental assistance.
PS: I do not lecture about assimilation, but my wife does and is quoted in newspapers and magazines on the topic.
Speed wrote:
The liberal police here on the board have declared that we have to warn them if we post a business insider link due to an error on a previous link....
nova wrote:
Rapture Hatch solves that problem (SFW)
greenchutes wrote:
I thought it was the Jons that did the driving....
Yeah, those stupid Japanese never spent.
He laughs because they did - and he watched it happen - and he's seeing it again here and in Europe.
Rob Dawg wrote:
Haha... I watched the video again and this guy looks like he actually throttled down and pointed the nose into the ground when he "fainted".
Good quality humor.
ac wrote:
cyanide is usually much faster...
3:15p
BREAKING
Moody's cuts outlook on Iceland to negative
Senate Backs Small-Business Lending Fund - You're the Boss Blog - NYTimes.com
lama wrote:
And my mom was the former director of Competency Assessment for the Commonwealth. You are way out of your depth with your generalization of the national condition from your local experience.
shill wrote:
3:16p
BREAKING
Iceland's cuts outlook on Moody's to NoFF ("I don't give a flying
")
I'm probably soundling like Duke now, but I worked for the company that made the coin for the film...
http://www.nationalmint.com/eShop/products/zamundasmall.jpg
So a buddy and I went to the premiere in Westwood with a dozen of the silver dollar sized coins, and sprinkled them on the carpet for people to find.
One very excited very large black woman picked one up and yelled "I've just found Eddie Murphy Money!"
yagij,
excellent! I just printed the image.
ac wrote:
For at least one of the plane's passengers anyway....and us.
In March 2010, the average cost per hour worked for all State and Local government employees was $39.81, which is broken down as follows:
Total cost…………………………………………………………….$39.81
Wages & Salaries…………………………………………………..$26.25
Benefits………………………………………………………………$13.56
The benefits are broken down as follows:
Paid Leave (vacation, sick leave, holidays)…………….$3.00
Supplemental Pay (overtime, bonuses, etc.)………......$0.33
Insurance (Life, Health, Disability)………………………$4.68
Retirement Savings……………………………………….$3.16
Legally Required Benefits(1)…………………………….$2.39
In March 2010, the average cost per hour worked for all private industry employees was $27.73, which is broken down as follows:
Total cost……………………………………………………………$27.73
Wages & Salaries…………………………………………………$19.58
Benefits………………………………………………………………$8.15
The benefits are broken down as follows:
Paid Leave (vacation, sick leave, holidays)…………….$1.88
Supplemental Pay (overtime, bonuses, etc.)………......$0.81
Insurance (Life, Health, Disability)………………………$2.22
Retirement Savings……………………………………….$0.96
Legally Required Benefits(1)…………………………….$2.28
(1) Legally required benefits include social security/medicare, unemployment insurance and workers comp
So on average, the typical government worker gets paid 34% more than people in the private sector.
On average, the typical government worker gets 20% more time off than the typical private sector worker.
The average insurance package for a government employee is worth over 2 times (111%) the value of the average private sector worker’s insurance package.
And finally, the typical government employee gets a retirement package worth over 3 times (229%) that of the typical private sector employee.
The only place the private sector employee rises above the typical government employee is in supplemental pay (overtime and bonuses), which simply means the private sector slaves are working harder to pay for the government workers.
Are we having fun yet?
Employer Costs for Employee Compensation news release text
Cinco-X wrote:
Yah all my "experiments" show that. Thing is what's the benefit? No gasping or choking or convulsions. Why bother?
The Associated Press: AP survey: A bleaker outlook for economy into 2011
I don't think it's so much a racial divide, as more of a fear of the unknown, which includes our neighbors down the street, all too often.
Rob Dawg wrote:
I didn't ask the question to begin with. As for me, I'd probably choose digitalis.....
shill wrote:
Yea, Ms. Sippn is looking, but as long as it's within 8-12K of her current pay, the state benes are that much better than her "full bene" corporate job, prior to comparing retirements. (mostly medical etc.)
...nobody else smells trading the Bush tax cuts for small business loans - eh ? mmmmmm - I do.
http://2.bp.blogspot.com/_otfwl2zc6Qc/TFF7epLA6zI/AAAAAAAAOFM/itoloujvRRM/s400/varvel.jpg
Markets open
Dow 10,507.87 +9.99 +0.10%
Nasdaq 2,265.24 +0.68 +0.03%
S&P 500 1,106.35 +0.22 +0.02%
Iceland is like a small turd in the punchbowl of economix, as long as you don't see it, nothing smells funny.
foreclosures up in 1h but so is housing affordability "let's not throw in the towel": Tech Ticker, Yahoo! Finance
sometimes I am not sure what to make of these pronouncements whether it be the Fed or the White House...
reminds me of the cover of Faith Hill on Redbook - check here for the before and after photo of Faith,
hell... they even changed her jawline, also removed fat on her back and waist and made her arms impossibly skinny
Here's Our Winner! 'Redbook' Shatters Our 'Faith' In Well, Not Publishing, But Maybe God
...
watch the before and after, it's like a flashing traffic light...
oh JD...tickling the wrath of Katla are we?
Oil 78.40 1.41 1.83% Close.
Cinco-X wrote:
I have a friend from Nebraska. Home price was in the teens there. Came here (N CA) in 03 because he was afraid his 3 girls would leave as there is nothing there.
He went back. Works in a trailer assembly plant, swing shift, hates it, evidence of drug abuse now. Girls gone.
But the house is paid for.
I really don't think the paid for house was that important.
Rob Dawg wrote:
Thanks Rob. Un jour, je vais voir le monde, perro es bueno apprender de un experto.
Jesse's Café Américain: Big Drop in Comex Gold Open Interest
Hehe Tic....tic ......tic.
Cheshire Katla, here kitty kitty
Duke of Con Dao wrote:
shill wrote:
$45 oil gonna whipsaw everybody. Demand down. Supply up. Alternatives gaining.
Duke,
She is kind of old for your hot tub isn't she??
Yes, dog is good with enough sriracha.
I can't be a hypocrite. I post the positives about NH, I need to post the negatives too. I don't make the news, I just share it.
New Hampshire Housing - Delinquency, Foreclosures and Subprime Lending In NH
There were 377 foreclosure deeds recorded in June 2010. This is a record high for the month, the second highest monthly number recorded in this series, and an increase of 45% over foreclosure deeds recorded in June 2009. At this pace New Hampshire remains on track for a record number of foreclosures this year. A significant decline in the number of foreclosures is unlikely until we see steady improvement in the underlying economic conditions including real growth in jobs and a resurgence of residential property values accompanied by an increase in demand. (How about never? Does never work for you?)
I wonder how many New Hampshires we could fit into LA county without anyone noticing. Five? Six?
So you thinking the dollar may climb again Rob?
greenchutes wrote:
Speed,
My comment wasn't directed to your link.
Photo-shop was quite the boon for aging women celebrities, tummy tucks with the click of a mouse, eek!
The same thing happened with money through the ages since the Romans, and the king or queen was often made to look much more handsome or beautiful, than in real life.
Really tough question, but only one standing President has appeared on an American coin whilst in office, who is it?
Citigroup to pay $75 million in SEC settlement - MarketWatch
$75 million...and how much tax payer funds did Shitty receive?
Gary Shilling: Where to Invest in a Deflationary Economy - DailyFinance
Jefferson Davis?
nova wrote:
What about him?
Cinco-X wrote:
shill wrote:
Yes against the Euro. We'll see a capitulation $1.18 print. Oil is a separate issue. Double dip and deflation gonna draw down both inventory and demand while transport costs plummet. We could also see a Latin American debacle that changes the Us/Mex/Ven dynamics.
Juvenal Delinquent wrote:
Was it FDR on the dime?
I was going to say JFK, but google says otherwise.
1 of the 44, not 1 of 1.
Juvenal Delinquent wrote:
Washington and he hated it IIRC? [no goog just guess]
Outsider, I don't have a good data set here for VT yet. Good as in what I think is even remotely accurate. I can say my on the ground look is more homes up for sale than this time last year. An AFFORDABLE home that is still on the market after 2 years sitting empty. Following this home, its price has been reduced 3 times and its not a shamble of a home in need of major repairs. In my area, these affordable homes usually resulted in bidding wars just a year or two prior since they are or were in very short supply (middle range). The county I live in is the most populated in VT because of what is a good job market by VT standards and because of its proximity to the lake, more expensive. I'm starting to see 'reduced price!' signs...NEVER, EVER saw that here before in my 11 years here.
Vt housing market has always been really, really strange.
Comrade Janošik wrote:
The Kennedy half dollar was first minted in '64, IIRC....
Juvenal Delinquent wrote:
No one.
Duke of Con Dao wrote:
Yep. That's why I always go with the ICSC-Goldman Store Sales numbers.
They don't "airbrush their figures" as much.
Timmay better be at the switch for this close...
He's dead Jim in '45, 1st Rosie dime in 46'
Sounds about right Rob, I only ask because Oil is priced in dollars as you know....and with the falling dollar Oil will rise, but how much is anyone guess.
Thank you for your thoughts.
Duke of Con Dao wrote:
Forget what?
Cinco-X wrote:
I have a couple lying around, 65 & 67
Ixnay on George, eh.
JD,
So it wasn't a trick question? I didn't win anything?
I'm stumped then. It must have been something early in the republic.
Nanoo-Nanoo wrote:
I'll be in Woodstock next week. I'll post observations from Rockefeller Village.
Here's my guess... Expensive.
I love Kennedy half's...90% silver half's that is. I have many.
Comrade Janošik wrote:
I had a bunch of '64s, but my Mom sold them when I joined the Army...
I'll be interested in what you see. Thats WAY south of where I'm located. BUT HAVE FUN AND LEAVE YOUR WALLET.
Cinco-X wrote:
IF Uncle Sam thought you needed '64's; he would have issued them to you, soldier!
Juvenal Delinquent wrote:
for some reason I'm thinking Grant.
Juvenal Delinquent wrote:
Imagine how much better of we'd be if Franklin had the office instead of the coin.
It's not Obama?
Nanoo-Nanoo wrote:
Oh, I will.
I lived there for a few years ages ago, be interesting to see how it's evolved... You're up near Burlington I'm guessing...
Juvenal Delinquent wrote:
Saint Andreas is beginning to waken.
It's not an easy question, but it's later than you think
I'll Grant you 2 more wishes, but no.
Coolidge, 1926, 50¢.
Gimme a challenge.
Rob Dawg wrote:
hope you're not placing any bets on either 45 oil or 1.18 euro
oh sure, greenshoots. You so googled that.
It's not an easy question, but it's later than you think ...
So true for all of us...
It could be the 1846 Limited edition silver dollar issued by the mint in Denver for 7 days until it was pulled?
RUMSFIELD
Of course I did! Did that violate the letter or spirit of the challenge?
Calvin Ball is right.
http://www.whitmanbooks.com/images/whitman_review/0507/1926CommDollar.jpg
Well, at least you're an honest cheater.
(j/k)
Juvenal Delinquent wrote:
I was beginning to think it was the presidential quarter series upcoming.
RD- the sad fact is most of the last twenty years of recent immigrants were barely literate in their native language, and if you bring their children into the school systems at a young age, they tend to speak and write English, while learning the most horrible Spanglish from the parents and their peers. Sitting in a state with a long history of south of the border immigration, and working down the hall from a young lady who just had a sojourn in Mexico with her fiance in spite of speaking almost no Spanish, one can safely conclude that after two generations (forty years), almost all traces of the mother tongue are gone. When you get past the kitchen spanish, and ask them to watch the news in Spanish or read a newspaper in Spanish- it is gone.
The classic American pattern. How much French do your kids speak?
Someday this war's gonna end...
nanoo - Housing has always been tight in my part of the state. But the surprising thing to me is there's a 41 home development I know of that stood idle for a year or so, resumed building in early spring, and the places are actually selling. New homes. Granted, the prices are relatively low and I notice they're vinyled instead of wood flooring, etc., but they're going for asking price for the most part.
Schizoid market.
JBR wrote:
Or something about Nemo, right?
That will be interesting JBR. Yes, within commuting distance but in the hills and not even close to anything major, just within spitting distance of the county line to the east. VT is a tough market both for jobs and homes. I'll bet your wager in Woodstock is correct...expensive! But, I'll also be interested to hear about properties up for sale, etc. and if you find anything noteworthy is gone.
greenchutes wrote:
Silent Cal?
reminds me of a story I read: some DC dowager approached him at a Soiree and said -
"I just bet my friends $50 that I can make you say 3 words or more."
he responded with, "You Lose."
Here's a tougher one to google - which prominent member of the W administration was a very close, personal friend of Sammy Davis Jr?
Here's a tougher one to google - which prominent member of the W administration was a very close, personal friend of Sammy Davis Jr?
Condi Rice?
The bourbon?
Bebe Rebozo (mainly because I like saying it)
bzzzzzzzzzt. Way too young. And she's more of a classical music type, ifyaknowhatimean...
The Afternoon of Recovery!!!
Comrade Janošik wrote:
they let it fall, surprisingly, i wonder how many hundreds of millions Bernanke spent today trying to keep the market from collapsing.
It's actually the coke that Sammy and Dubya had in common... bzzzzzzzzzzt
I was going to guess Lloyd Blankfein.
That is a great name, but......... bzzzzzzzzzzzzzzzt
nova, you seriously crack me up.
I've said before, this commentariat would make a great Team Jeopardy.
Or we could be lifelines on Who Wants To Be...
Can you have an internet blog lifeline? (I'm gonna text greenchutes, regis)
Karl Rove a/k/a Turd Blossom
She'd have made for a great Kremlinologist, if only communism hadn't failed.
Greenchutes,
True. Keisha Bloomston. Worked for HUD as a GS-9?
Inspired, but making coffee for Hank back in '03 doesn't count.
Bzzzzt - and like your fellow Washingtonian Adam Dunn, you only get one more.......
I've loosely followed NH market Outsider. I had a come to Jesus moment one year about property taxes here and thought we might have to move. Thankfully, my worst fears weren't realized. But I looked around Lake Winne area and some others. Yeah, its a lot like here, very schizoid. Oh and we've got more loons this year! No more dibs on that.
She'd have made for a great Kremlinologist, if only communism hadn't failed.
She had an oil tanker named after her until someone realized she might not want that kind of publicity.....
Again, too young. Karl was a 22 year old inventing mail spam when Sammy was way past his prime... bzzzzzt
rich wrote:
That would be the
.
Citizen AllenM wrote:
It is one reason that children of mixed Japanese/American (usually wife being Japanese) are academically beaten to learn Japanese and stay within some competition with their peers back in their "homeland". I know a few parents who even send their mixed Americans to Japanese Saturday school to help them stay abreast of their mother tongue.
.
Odd dynamic in play there.
greenchutes wrote:
Colin Powell? met him during the Nixon years...
maybe better... Rumsfeld.
I think the connection is the Nixon Admin
Nice try, but.......
BZZZZZZZZZZZZZZZZZZZZT
Ehlichman?
Ok. One last try... Cheney - thats why Sammy was blind in one eye
Nanoo - honestly, I think Vermont is much more beautiful, with the Green Mtns. Also, the skiing is better in VT.
consider all the times Sammy visited the White House when Nixon was Prez...
Juvenal Delinquent wrote:
Condi.
Adolf Eichmann was not, in fact a member of the W administration, despite the deep philosophic connection between him and a few that were... bzzzzzzzzzzt
The Other Donald.
Not too difficult to google.
so.....close..... but he's out of there
Rumsfeld
, greenchutes?
Where's my FREE
Donald Rumsfeld.
Juvenal Delinquent wrote:
Erhlichman, I think the felony conviction precluded him from the W admin...
And you win - ADMINISTRATION OF THE FORUM
Congrats, Ken.
Outsider wrote:
no doubt.
Citizen AllenM wrote:
That's my point. This time is different. Very little integration. The County of Ventura has 22 translators available. Sounds like a lot? These staffers are for Mixteca to Spanish.
Scotch and soda, Rummy in your eye...
YouTube - Scotch and Soda - The Kingston Trio
greenchutes wrote:
WTF?
"The other Donald" is NOT an answer.
No offense to you, Ken.
greenchutes wrote:
how do you figure? see my answer at 4:08... that is if it's Rumsfeld...
Rob Dawg wrote:
Does Ventura County offer Ebonics to English translation too?
To redeem your pre-reverse-split share of SRS, send a SASE to:
P.O. Box 9452
Minneapolis, MN 55440
Donald Duck? I know Goofy was in there somewhere working for W.
Seems like more a known unknown at this point, Duke.
As much as it hurts me to say it, I think
of Con Dao won.

Sorry, I had a sip.
Roughly, where abouts are you Outsider? The Whites are no slouch either. I think a lot of upper NE (you know, north of the unmentionable) is beautiful. Hands down a winner...that is if you can stand the winters. I'm hotly anticipating fall. Its been a blazer this year.
not only did I choose the right guy but I walked back the cat to explain how this might be...
the Nixon Admin... Sammy visited the White House many times
The judges will not be held responsible for incomplete or otherwise inappropriate submissions.
thank you come again
Nanoo-Nanoo wrote:
That's pretty much all that is in VT, isn't it, Nanoo?
yagij wrote:
YouTube - Stewardess I Speak Jive! - AIRPLANE!
Ward was real hard on da Beaver!
greenchutes wrote:
Grow a pair.
Of what - eyes? That's a cheap shot. You should be ashamed.
I won! I said it at before that! A couple of times! Do a search!
@ 3:13
Sad fact is everyone here is a prisoner of their own experience...my wife is a recent immigrant, native Spanish speaker and fits absolutely none of the stereotypes promoted above...nor does our daughter who is fully bi-lingual.
...going for a swim
YouTube - Woody Guthrie - So long it's been good to know you
nanoo - seacoast area, not far from Portsmouth, and an hour or more to Boston.
Vermont has those beautiful countrysides. When we moved to NH I thought - hmm. This is kinda straggly. Esp. the northern parts. Lots of scraggly pine and sand. And a whole lotta boulders. But the quality of life can't be beat.
About winters, I'm already starting to get depressed. But global warming debates don't upset me as much as they do some on this blog.
greenchutes wrote:
on a really small target.
Dang it HG, now you're going to make me go look because I'm embarrassed to say, I don't know!
re: VAT
I thought every state but OR, MN, NH, and AK already had a state sales tax
what would be so cataclysmic about a national one?
Nanoo-Nanoo wrote:
Vermont tied with Maine in having the highest proportion of the population describing themselves as white with no other racial component. In both states, 96.6 percent of the people were exclusively white.
Franco-American News & Events, 6: Vermont tied with Maine as whitest state
My cousin in LA is blond and blue eyes. He is married to a Mexican woman. He speaks Spanish fairly well. He loves eavesdropping...
Caucasian Islands?
energyecon wrote:
College-educated? Yeah, that doesn't fit the stereotype being promoted above (I think)
VAT is a sales tax?
I thought they taxed you every step of the way. During production, during distribution, during sales... an all in one, all exclusive, and the kind of multipliers of tax.
Am I wrong?
greenchutes<
EHP wrote:
re: VAT
I thought every colony already had a colony sales tax
what would be so cataclysmic about a national tea tax one?
Outsider wrote:
The tribble of taxes.
nova wrote:
that's the equivalent of calling Obama the winner of '08 election in '04!
...
Rob Dawg wrote:
Yeah, I was thinking of that clip when I made the comment. The thought of hiring people to translate some bastardized hybrid Spanish into "Spanish" was just enough to make me thankful again that I'm not in the land of perfection and beauty known as CA.
Nanoo-Nanoo wrote:
Yeah, it's always been full of monied flatlanders, I'm sure that hasn't changed.
I'll take a little RE tour and update. It'll also be interesting to se what work there is there. I worked in a book bindery, metal shop, construction... there were little workshops everywhere. I'm assuming that's gone...
LOL! Yeah, looking 'gringo puro' folks will tend to let their guard down around you...stopped working with my wife and her sisters though, but they tend to talk so quickly that I really do need to be focussed on the conversation to understand.
Anyway HG, VT does not have whites. They have greens.
There's kudos for everybody, maybe ken will make us a :blue-ribbon: to hand out to winners, real or imagined.
Yancey Ward wrote:
That was the Nobel Prize-
Thanks Outsider, now I've got the flavor of your area. As for winter...LOLOLOL! You have winter? I love the winter here, I get giggly when it gets below zero. But most of all, its the quiet I love especially during and after a heavy snowfall. But I'm like those religious converts of different types...I'm a southern girl, the worst of the lot because I didn't have to go to school in the snow barefoot going up hill both ways during a nor'easter and -20 degree temps. Husband is from here though, he loves it still despite achy creaking bones.
Juvenal Delinquent wrote:
A can of Pabst Blue Ribbon perhaps, ken?
The heat index is 103F right now.
whats your humidity? You know is it a DRY heave?
greenchutes wrote:
Rumsfeld?
EvilHenryPaulson wrote:
Congress approved a new income tax as part of the Revenue Act of 1916. The law set out to raise $205 million in new revenue, with more than half coming from the income tax. Lawmakers boosted the "normal" income tax rate from 1 percent to 2 percent on net incomes over $3, 000 ($4,000 for married couples). They also raised surtax rates, moving them from a maximum of 6 percent on incomes over half a million dollars to a maximum of 13 percent on incomes over $2 million. The changes made the income tax steeper, but left it's base quite narrow; the levy still applied only to the nation’s richest taxpayers.
The 1916 law also raised the corporation income tax from 1 percent to 2 percent, and introduced a new federal estate tax with an exemption of $50,000 and rates ranging from 1 percent to 10 percent. The law included a novel munitions tax designed to appease opponents of American involvement in the war; levied on manufacturers of military equipment, it was designed to prevent war profiteering. Finally, the law featured a host of excise taxes, as well as a capital stock tax on corporations.
Camel, nose, tent. That's whats' dangerous.
HomeGnome wrote:
but it's a wet heat
'friggn delightful here, barely over 90 with a light breeze, and i've heard about this thing called humidity, sounds icky.
Nanoo-Nanoo wrote:
"only" about 50%.
HomeGnome wrote:
It's 65 degrees and 93% humidity here at the beach... Right comfortable.
HomeGnome wrote:
Wuss. Weather.com says "Feels Like: 111°" in my vicinity.
Yes, college educated.
Cinco-X wrote:
I think grandpa woke up from his nap.
Juvenal Delinquent wrote:
nanoo - First we settled at the base of the white mtns. before moving southerly. I will never forget the crisp crunch of powdery white snow and so quiet you could almost hear the snowflakes fall. Lots and lots of snowflakes... But I also remember minus 20 degree nights with the wind howling. That was downright scary.
energycon,
Your kids will grow up and be beautiful. Someday everybody will be brown an olive and SPF 70 will no longer be sold
A VAT would be a disaster. Factor in prop 13, and the CA tax structure is already incredibly regressive.
YouTube - When The Levee Breaks - MEMPHIS MINNIE (1929) Memphis Blues Guitar Legend
nova wrote:
Noooooooooooooooooooo! It took hundreds of years to get my form of pasty white into an easily inherited trait! Don't take it away from me!
HomeGnome wrote:
topped out at 105 here earlier....can't wait for August here
First we settled at the base of the high sierra mtns. before moving southerly. I will never forget the crisp crunch of powdery white snow and so quiet you could almost hear the snowflakes fall. Lots and lots of snowflakes... But I also remember 20 degree nights with the wind howling. That was downright cold for a Californian.
yagij wrote:
People who sleep on broken glass have no reason to complain. [70.6 °F, Heat Index: 75 °F, worst in days]
yagij,
Got to face it. We're freaks.
Juvenal Delinquent wrote:
Ignore Juvenal. CA is a horrible dystopia in which you can be swallowed up in an open fault at any minute, shot by a gangbanger while taking your morning constitutional, taxed at 112% of your income, pushed out of the grocery line by entitled mothers with their trophy children in fancy carriages, forced to marry someone of your own gender and forced to abort your children if you can't afford an expensive carriage. It is sheer hell here.
Rob Dawg wrote:
Don't blame me for finding a god-forsaken place to earn a living. My ancestors went "west" after the Revolutionary War and figured there was little reason to head west of the Mississippi. Nothing out there but Indians and wilderness. I can't help it you all decided to keep on going and plundering what my ancestors couldn't imagine.
greenchutes wrote:
Why is 13 regressive?
My first inkling of California climate was a long-ago SF Chronicle headline - "Temperature in 70s: No Relief in Sight".
Outsider, yup it can be. One year we had a prolonged spell where the highs didn't even hit zero. I had frost on the insides of the door frames and its a tight house. But gotta say, I'd rather push snow around than huddled in my basement awaiting the next tornado and never getting rid of that dang mold and mildew ever, ever, ever!
Who has read the prophecy of Bullworth? LOL!
Thanks nova - though with all the freckles, blue eyes (hair went, ahem, silver early on) I'll be using up the existing inventory
HomeGnome wrote:
Get off my lawn!
We've had to turn on the a/c just twice this summer, that ain't right.
Property description:
"Old Victorian three story used as duplex vacant at present for sale. Running out of time last deal fell thru."
A real estate agent told me recently that there are plenty of buyers, but few who can actually close.
nova wrote:
Don't make me turn this sociological wagon around and head back to the colder/milder region of the planet. If the gods had meant to make "olive" northern Europeans, they would have placed Europe further south!
.
Juvenal Delinquent wrote:
Sadly, I have to set my thermostat at 80F during the day to save electricity, and when I come home from work, the apartment feels great.
nova wrote:
New Orleans gonna be a chocolate city.....
nanoo, during those spells your woodstove can be your best friend. Especially when the power goes out. Again.
(I loved it up there. But I love it down here more)
It's a rat-race with beautiful weather for the most part...
Gee, Rob, your net worth is well north of a million bucks and your house is probably worth about that much if not much more - why don't you tell us why a property tax bill of less than 5K/year makes sense and isn't regressive?
Cinco-X wrote:
Until God destroyed it and sent the Chocolate to Memphis and Houston. No Nagin; No more!
Mr. Fredrickson?
Juvenal Delinquent wrote:
my last two electric bills were almost 300 bucks, the misses will have my head on a plate if the thermostat goes above 68 at night...
flaminia wrote:
All that happened to me on my way to work this AM! Plus, people were shouting at me in Spanish!
Comrade Janošik wrote:
Nothing a $1200 monthly bill won't fix.
yagij wrote:
Sorry; I wasn't nagin' you.....
In theory, taxes get passed along as rent, so the case for regression seems a little more than trivial.
yagij,
It's okay. I don't think we will live to see the hate, the kids pointing at us and saying "Mommy! Whys he sooooo white?" The stares at the beach and some old woman telling us "I don't know why you folks come here...."
later
I dig my 1% property tax bill, and feel it's fair.
The only way i've been screwed is my county values my property @ $50k more than we paid for it 5 years ago, a flesh wound in the scheme of things.
How much would I pay if I was in Upstate NY in property taxes for a home?
Comrade Janošik wrote:
You're a lucky man; I sleep under a sheet while my wife insists on a down comforter. It's a constant battle....
I thought I was gonna die.
Hear ya on that. After we lost our power for 4 or 5 days after an ice storm 2 yrs. ago (no water either) I realized this country would not last long in a blackout. People were starting to harrass the linemen in some areas where the electricity was out for weeks, not letting their trucks leave until the power was restored... It was getting ugly.
JD, you know CA better than myself, which is saying something. You know that neighbors literally pay 10x each other, and that the short end of the stick almost invariably falls on younger families.
Condolences on the 2005 buy.
Outsider wrote:
wicked pissah!
Comrade Janošik wrote:
I live beside the SF Bay and my thermostat goes to 61 at night, 67 during the day. (Heat only; no A/C.)
addendum to the hydrofracking thread of last night:
Drilling Accountability Bill Would Regulate Fracturing Too - ProPublica
Barfly<
You should repost it on the new thread.
greenchutes,
No problemo on the buy 5 years ago, we were trading down into a free home.
Yeah, but in New York you don't have to pay high income...... Nevermind.
Juvenal Delinquent wrote:
Experts agree, FREE homes are the best kind.