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I'm expecting "better than expected".
Nemo wrote:
Barring fraud, prepare to be "unexpected."
Nemo wrote:
I expected you would say that.
josap - responded to one of your comments on previous thread.
Expect the number that helps the banks.
I was expecting the unexpected since I was expected to expect.
Rob Dawg wrote:
I'd guess that bad numbers, and a Stimpak/TARP II would be their best outcome...
picosec wrote:
yep, I think getting to forclosure is taking longer than selling the units after Fannie gets them back.
Purposely muddled and manipulated to try and not scare Mericans about how bad the REAL employment situation is with
I'm going for unexpected regardless of whether it's positive,negative or flat.
That's my slum-call and I'm sticking to my guns.
I guess a bad number will help the banks because it will help the Fed push through QE2.
I see Blackhalo beat me to it.
BTW, I'll take the over on the unemployment rate.
best to all
josap wrote:
I think it is another example of the perverse incentives for the loan servicers. The longer they can keep those loans on their books, the longer they get to collect the fees. I recall reading an article to the effect that, they get to charge even greater fees for loans in default, as as such have been encouraging underwater, but current home owners to default, before they will address loan re-works and then proceed to "lose" paperwork for months on end, in an effort to maximize fees.
Collapse of a loan powerhouse | StarTribune.com
The more time citizens spend on the Internet, the LESS they trust govt (PDF) http://bit.ly/aGLjUS and this crowd knows this for sure
Abstract: The decline of trust in government contributes to a climate of “political malaise,” and leads to great challenges for any government concerned with meeting the public’s demands and expectations. Starting from the premise that e-government and e-participation are desirable developments initiated by governments via a top-down approach, this paper explores the opportunities, if any, available to citizens to utilize the internet to initiate bottom-up channels of participation and communication. We explore the extent to which the time that people spend on the internet affects the public’s trust in the government and/or the degree of compliance with government policies, as compared to the influence of the traditional, offline, mass media modalities, such as newspapers. The results of the analyses suggest that the more time individuals spend on the internet, the lower their degree of trust in government and lower level of citizen compliance.
Blackhalo wrote:
Agree, I know several people who called the servicer. They were told to stop paying for 90 days, then call back. If they were current they would be at the bottom of the list, if they were moving to forclosure they would get help faster.
Edit. And no one said a word about late fees, legal fees, insurance and tax payments.
josap wrote:
Not necessarily Fannie/Freddie loans, but around here a lot of homes that have had a Notice of Trustee Sale filed 8-12 months ago still haven't been FC'd. Normally that would take about one month.
But...also seeing homes that were FC'd 12-24 months ago hit the MLS. Some for the first time, some had been listed in a timely manner but apparently thought they could get more if they pulled them and held out for later.
I'm thinking mucilaginous.
CalculatedRisk wrote:
Wow. That's an unexpectedly cynical comment from our levelheaded host.
Is calling the sky blue cynical?
Unexpectedly better than expected should be good for 10 points on the s and p.
greenchutes wrote:
Sky ain't blue it appears blue because all the colors except blue are adsorbed. Sky is anti-blue.
Rob Dawg wrote:
Well maybe-- should we ask our friends on the Right?
"Replacing it, apparently, is the ICR's School of Biblical Apologetics, which offers a Master of Christian Education degree; Creation Research is one of four minors. The ICR explains, "Due to the nature of ICR's School of Biblical Apologetics — a predominantly religious education school — it is exempt from licensing by the Texas Higher Education Coordinating Board. Likewise, ICR's School of Biblical Apologetics is legally exempt from being required to be accredited by any secular or ecumenical or other type of accrediting association."
You really should have gone into finance, Rob.
Don't go all Tyndall on us now...
Rob Dawg wrote:
It's generally true that any object appears to be the color that it doesn't absorb.
I'll wait for the post revised revision...
An example of zillow being scrubbed of foreclosure transactions...4/18/2010 $815K back to the bank
still shows up on redfin, but no longer on zillow (4/18/2010 listing $815K was replaced with "listing removed",
but it was there for a few days, then quickly removed before the house was remarketed to the current occupants).
380 EDINBURGH Cir, Danville, CA 94526 | MLS# 40461845
380 Edinburgh Cir, Danville, CA 94526 - Zillow
The current owners apparently paid $200K+ more than they needed to, for a new lawn and shrubbery,
because they couldn't be bothered to show up on the court house steps and bid against the bank? Ouch.
Be careful about using zillow for comps if you are shopping...
greenchutes wrote:
My children have been misled. By me. By society. There will be a reckoning.
just want to give a humongous shout out from down unders Page not found | Hoocoodanode? Rockin Rolls
Not Enough - NYTimes.com
M8
I guess that $200K+ works out as pure profit for the bank, stiffing whomever might have held the second (at this
price, there probably was a second...) double ouch
kcoop,
If you are out there, I got the shirt today. Looks great. Thanks!
The government number is important too. I want to hear all the good news about lazy government employees getting laid off.
Naw, just an endless
grind until most of the boomers are dead.
Then, glorious post-
rebirth! 
worthy read - especially if we do get a bad number: Business cycles: Nowhere to go | The Economist
km4 wrote:
Are we all to become Timothy McVeigh, with computer chips implanted in our butts?
Rob Dawg wrote:
Not quite correct. It scatters blue, longer wavelengths are transmitted, but when the sun is high in the sky you only see the scattered light. This is also why it appears red when the sun is low in the sky, when transmitted red dominates (Tyndall effect).
edit: to be clear you see scattered light looking at the sky away from the sun. If you look directly at the sun for long you won't see anything at all, perhaps permanently.
:put the kids down:
longtimelurker wrote:
This seems apropo ... Dilbert comic strip for 09/02/2010 from the official Dilbert comic strips archive.
KnotRP wrote:
You're misinterpreting Redfin's listing. The home was bought at the auction by "Seadrift LLC." They fixed it up a bit, put it on the market and gross profit of $233k.
"Investors"
[BTW - I found Seadrift's name using Blockshopper.com. Normally they would have the name of the May buyer as well, but perhaps CoCo County's public records are slow to show.]
skip, any news from the great state of Washington?
km4 wrote:
And that's a reason tax revenues are dropping.
EHP. you got anything to report?
So the new owners would've had to outbid Seadrift LLC, not the bank? ok...probably turn out to be an insider on the foreclosure anyway, but mostly I was pointing this out because of the zillow scrubbing.
Rob Dawg wrote:
What's cynical? If it's accurate, it's a feather. If not, it's lead.
longtimelurker wrote on Thu, 9/2/2010 - 6:21 pm (in reply to...)
km4 wrote: The more time citizens spend on the Internet, the LESS they trust govt (PDF) http://bit.ly/aGLjUS and this crowd knows this for sure
Are we all to become Timothy McVeigh, with computer chips implanted in our butts?
Who knows but "An informed citizenry is the bulwark of democracy".....Thomas Jefferson
km4 wrote:
Name one person with a computer chip in his butt.
rich wrote:
"An informed citizenry is the bulwark of democracy".....Thomas Jefferson
It doesn't work if everyone gets informed after the looting is over.
KnotRP wrote:
Lots of time, even if you inform them, they think you are nuts.
adornoghost
stop prosyletizing on the thread. this has nothing to do with employment
josap wrote:
Or a negative nancy; Jeremiah agreed.
km4 wrote:
Malaise goes pretty well on a roast beef sandwich. Chipotle malaise is best.
yagij wrote:
At this point, Oil Slick Dick Cheney is all cyborg-- and certainly has one in his fat ass.
It must have been challenging finding his heart.
Blackhalo wrote:
I thought GM/Chrysler/GMAC was TARP II? Wasn't that the one where Spock dies at the end?
adornosghost wrote:
Wasn't he in that Wizard of Oz movie, with that Garland girl?
Just want until Nov when GOP wins back the House ( but not Senate ) then see malaise with mustard with nothing done for next 2 yrs.
And so to bed.
Monday 2 September 1667 (Pepys' Diary)
I trust my government more than ever. To screw me, whenever a chance arises.
adornosghost wrote:
Speculate all you want. If you have a computer chip in your butt, that sets you apart. You can get opportunities others can't. Like Dancing with the Stars with a Computer Chip in Your Butt.
So, like I said, show me people who have come out and said, yes, I have it.
I just finished playing music with another guy for awhile. Mostly jazz/blues jams. Playing music is like having a conversation or posting here. You need to give the other person space to say what they have and ignore the off key wanderings. I need to practice all of that more.
More malaise
Foreclosures can make you sick, report says
nova wrote:
Some off-key wanderings can be brilliant, but most are just lots of suck with little bits of 'neat' stuck in occasionally, like tapioca in unsweetened vanilla pudding... mmm... tapioca...
I"m not sure why we are discussing this.
90% or so are employed.
All is fine.
Move along.
BTW
Will Joe Bo Biden brag about the disappearing jobs they created? Open mouth change feet! After the election O goes Kamikaze on us, nothing to lose.
picosec wrote:
Net profit $218,111.93 after tax bills, tied up $815k for 100 days for a 26.7% return. Just have to have the cash to play in the Diablo, Danville Alamo markets. Guess people still have money there.
An /activist fascist kleptocracy board of directors is the safeguard of capitalism...... The guy who listened to stories from his "uncle" who had a great grandma that went to the safe deposit box to "clip coupons" from state, federal, and corporate bonds to redeem at the bank in order to have tea with the ladies....Im that fuckin guy.
An informed citizenry is the bulwark of democracy".....Thomas Jefferson
bANK fAILURE wrote:
And a propagandized citizenry is the foundation of tyranny
Adornoghost wants us to spend our time and employment in the God or no God foolishness.
To be clear I cannot prove ghosts exist nor can I prove that ghosts do not exist
to end this irritating he said she said BS I quote Wittgenstein from his Tractatus:
6.53
The right method of philosophy would be this: To say nothing except what can be said, i.e. the propositions of natural science, i.e. something that has nothing to do with philosophy: and then always, when someone else wished to say something metaphysical, to demonstrate to him that he had given no meaning to certain signs in his propositions. This method would be unsatisfying to the other -- he would not have the feeling that we were teaching him philosophy -- but it would be the only strictly correct method.
6.54
My propositions are elucidatory in this way: he who understands me finally recognizes them as senseless, when he has climbed out through them, on them, over them. (He must so to speak throw away the ladder, after he has climbed up on it.)
He must surmount these propositions; then he sees the world rightly.
RiF,
Yep. Tapioca or rice pudding....tough choice. eat both!
Good stuff on the offing:
Medvedev wants grain prices kept under control
Medvedev wants grain prices kept under control
Rayleigh Scattering. The variation in atmospheric absorption is not large enough to explain the blue sky. If scattering didn't happen the sky would be closer to white than blue.
amiramr0 wrote:
scone wrote: > I'm thinking mucilaginous.
So are we done expectorating?
nova wrote:
Definitely. Two of my favorites actually! Why choose?
Y.T. wrote:
Yah, I was surprised RD was so careless in this land of nerds.
The more you drive, the less intelligent you are.
km4 wrote:
Thus, the internet is a problem and the state will start to move against online expression. You have already seen this with Obama's speeches about "information that doesn't empower". By which he meant, empower the state to set the agenda and define the terms of the debate, present matters as a fait accompli, and marginalize dissent through co-optation of conventional media channels.
QE2 is going to happen.... probably housing 2.45
adornosghost wrote:
What! They found it? And he had one?
rich wrote:
You mean besides McVeigh?
im expecting a skittle farting unicorn.... or QE2- "official"
Jun 16, 2010 ....New Bill Gives Obama 'Kill Switch' To Shut Down The Internet
Draw you own conclusions and as much as I despise them I like having the GOP take back the House
Byzantine_Ruins wrote:
Poster-boy of the globalist agenda practically authorized the creation of a Department of Truth.
Permabear wrote:
Are you new here?
ResistanceIsFeudal wrote:
Yup!
km4 wrote:
"Powers I Hope The State Exercises" for $1000.
Are you new here?
Cinco-X +10
Byzantine_Ruins wrote:
Rob Dawg wrote:
Doomers should have a Ham radio for back up if the net is killed.
longtimelurker wrote:
He's on a VAD and praying for a transplant.
Lobbyist Ben Dover wrote:
nah. if they kill the net, we'll all be forced to go out and do something productive.
RIF
Poster-boy of the globalist agenda practically authorized the creation of a Department of Truth.
This man took Orwell seriously:
red is green and vice versa
down is up and vice versa
what is said that is sycophantic is
what is critical is not
The reign of transparency is coming soon. The messiah is nigh.
ResistanceIsFeudal wrote:
I'm starting to view our elected leader(s) as the time old traditional of putting a child king/emperor on the throne in hopes of manipulating the population from the shadows.
It's NOT the Economy, Stupid: It's the Mess in Washington - Yahoo! Finance
"Gridlock would probably make this market soar," Springer says.
I wonder what Liesman thinks..
If the numbers are really bad then that means the Democrats are going to have to pump up the stock market a whole lot more than previously planned in order to salvage the elections.
Byzantine_Ruins wrote:
How will we hook up, complain about the arrangement, and hope for something different without the 'net?
Really....Mr Conservative was an avid amateur radio operator
Lobbyist Ben Dover wrote:
The Eye of Sauron is like the Nazgul. They only see in EW. Everything else is like a misty ghost.
If they shut off the internet, the last thing you want to do is be a transmitting station in the vast silence.
YouTube - Mr. Conservative: Goldwater On Goldwater
To be fair to all our fearless leaders if they told the truth about the economy it would nuke everything.
When doubt market unicorns. Bargain basement ascending spirals.
km4 wrote:
Cars operate with out a license, so do radios.
chapel_of_words wrote:
Meh, until I see Timmy and Ben before congress begging for another banker bailout, I'm not inclined to call it TARP II. TARP was used for a myriad of purposes including Government Motors, and very little, if any, towards it's proposed use.
yagij wrote:
Oh, it'd be back momentarily. Of more concern is them getting a more granular ability to exercise prior restraint of free speech.
Anybody seen this?
Sen. John McCain wants to allow U.S. citizens to be arrested, held indefinitely - Virginia Beach conservative | Examiner.com
yagij wrote:
A naive boy-king... or an idiot. Must be their time-tested system of inherited wealth plus genetic selection (inbreeding) of superior specimens that results in psychopaths and morons.
km4 wrote:
Aptly named the "Protecting Cyberspace as a National Asset Act"
Byzantine_Ruins wrote:
PGP usage (e.g. India's crackdown on BB) becomes a crime? Will we all have to resort of odd use of symbolic images or storytelling to talk to one another without invoking the words that equate to jail time? ( e.g. Gulliver's Travels, Jesus fish,
)
I don't really get that because McCain was a POW.
But I find I'm only understanding about every
thirdtenth post here tonight.It's probably past my bedtime.
Dudes and Dudettes:
I strongly recommend that everyone read Rosie's daily communique for today:
https://ems.gluskinsheff.net/Articles/Breakfast_with_Dave_090210.pdf
It really clarifies a lot of things. This one is good.
sm out.
Byzantine_Ruins wrote:
I'll have to know more.
*in a manner which satisfies Article
5 of the Geneva Convention Relative to the Treatment of
Prisoners of War *
Shiller had a constructive comment in one of his last interviews
why not increase the number of teacher assitants, while it would not pay much it would give people with knowledge and experience to connect with the youth.
he then went on the say that tens of thousands could be hired in something useful
this could be our WPA but nobody has thought about it. I guess they are afraid that individuals with real life experience would be off the sheet of music brought down from the mountain by the prophets of the NEA
smlandlord -
Are you out already? Because all I'm getting is a sign-in page...
Lobbyist Ben Dover wrote:
Umm, hello? Welcome to the 21st century?
They have telemetry gear here. Orbital, airborne and ground-based. They will spot you instantly and gag you the second it pleases them. You aren't gonna outgun an EH-60L.
sm_landlord
inflationistas who are doing something besides opening and closing mouth to let out breath in the form of words would benefit from Rosie. A true Mensch.
Outsider wrote:
me too.
How about tin cans with string? Can they intercept that?
/going long tin
/and string
'Cyber War' By Richard Clarke - ABC News
Byzantine_Ruins wrote:
I am sure they can do the same with the net now. Maybe easier then a mobile radio.
searchforthetruth wrote:
Don't forget the real estater's 6%. And the new lawn, and cleaning the swimming pool.
BTW, all of those contribute to the Residential Investment component of the GDP.
nova wrote:
I usually try to stay on topic, but...
Yumm!
Lobbyist Ben Dover wrote:
"They" like people spraying on the intertubes ... adds to the noise. /
Have a safe tomorrow, GN.
picosec wrote:
good food is always on topic.
Lobbyist Ben Dover wrote:
And? You aren't making much of a case for your renegade ham radio station.
You want to avoid the Eye of Sauron? Keep it mouth to ear.
Ice Age begins Saturday: predicted low 59 F.
Slogan for the month: Join the American Revolution.
Rajesh wrote:
Where is the Revolution? Where are we going? Why are we in this hand basket?
.
Byzantine_Ruins wrote:
How are we suppose to start our modern day Yellow Turban Rebellion that way?
Rajesh wrote:
Looks like Gaston's gonna make it into the Carribean.
yagij wrote:
And what's that acrid sulfur smell?
Rajesh wrote:
Does that mean that everybody's working?
picosec wrote:
I wonder what a more strict definition of that number would produce. 6 trillion?
Rajesh wrote:
Still highs of 107+ here.
ResistanceIsFeudal wrote:
Sorry; I should have stayed away from the dairy...
Cinco-X wrote:
You must be the Chosen One; the one that Rajesh foretold would lead about this month's revolution!
President mulls new measures to spark economy - CNN.com
"he's still working hard to jump-start the economy"
Time to replace the battery?
yagij wrote:
At the riots of course. Turning off the net, would be a bad idea. Forcing the basement dwellers outside, all at once, could have "unexpected" consequences.
km4 wrote:
They should call it the Cyber-Patriot Act.
Why Pavlov? Why? You think it is going to be THE SAME AS IN RUSSIA IN THE USA? NOT EVER OPEN your mouth?
REBear wrote:
Poor HAMPster. We hardly used ye.
Rajesh, "Slogan for the month: Join the American Revolution. "
But we haven't got "American back to work " Yet.
One thing at a time, Please.
YouTube - Revolution - The Beatles
Bad Dawg Bobby wrote:
Shouldn't we wait for tomorrow's numbers, before making that call?
REBear wrote:
"...he's still working hard to jump-start the economy, including more federal spending on infrastructure projects and tax cuts..."
Why do I get the exact same feeling I got when I heard people making $7.50/hr were buying $500,000 homes?
yagij wrote:
I'm gonna let Sarah Palin's followers do that.
yagij wrote:
Ummmm.....I don't think you want to be following me
They turn off the net and the Bad Dawg will have the CR Jones'es.
Byzantine_Ruins wrote:
...?
...!
!!!
.
Got T'sao T'sao?
ac wrote:
Get used to that feeling...
yagij wrote:
Long live the Shu Han.
ResistanceIsFeudal wrote:
I forget. Is it more of an Outer Limits feeling, a Twilight Zone feeling, or a Paulie Shore movie feeling?
Byzantine_Ruins wrote:
Pre-Liu Chan of course.
Blackhalo, "Shouldn't we wait for tomorrow's numbers, before making that call?"
I predict little change in unememployment. TPTB have done a good job of supporting the country. The market looks good, I'm not going to go down the stats, but my fear is it is only a support, not reality.
Like Slumdogs pridictions, Time will tell and we will see.
yagij wrote:
Ah yes. Trapped in the biodome with Charlie Rangel, Barney Frank, John Boehner and Nancy Pelosi.
yagij wrote:
It's more like that feeling you get the first time you read Catch-22 and understand it, and a little part of your soul dies.
ResistanceIsFeudal wrote:
Can I just opt for reading A Clockwork Orange, understand it, and wonder if it wasn't so bad in the beginning? aka The Good Ol' Days?
longtimelurker wrote:
Of course. He's been dead a long time. They took it out and recycled it. So, where'd it go?
No yagij, whole different lose, more like a betrayl.
yagij wrote:
I'm just a prattler fishing with an empty hook. Don't mind me.
Maybe I'll get a big fish.
Luckier for the fish than the fisherman, that.
Bad Dawg Bobby wrote:
Like voting for Dubya or Obama hoping for something different from the previous guy?
yagij wrote:
That's not betrayal, it's the definition of insanity
rich wrote:
I'm not brave enough, but I'm sure you could google up a marital aid with a chip in it.
ResistanceIsFeudal wrote:
Who knew that voting was at its very core an insane activity. Maybe we don't have a problem with low turnout. Instead of we have a problem with low realization (aka the voters).
No, I can relate althought I voted for Paul.
I still felt betrayed. I bought that "hope and change" shit too.
Clockwork Orange was a book? HCN. Ultraviolence forever.
KnotRP wrote
Be careful about using zillow for comps if you are shopping...
"""""""""""""""""""
In Alabama Zillow is pretty much useless. Valuations and previous transactions missing, what numbers you do find are totally out of whack with any ligitimate comps. They seem to be shilling for the brokers/scammers.
Bad Dawg Bobby wrote:
Sadly, I did not. I strongly suspected Obama was the Godzilla 1998 of politics.
Anything marketed that slickly and comprehensively is almost certainly a piece of shit.
Sucks to be right. =(
Bad Dawg Bobby wrote:
Dear glod, I am truly cynical... I wanted McCain even less though I didn't realize just how much of a merchant bankster tool Barry-O was and assumed we'd see mass socialism policies. I didn't expect a continuation of crony capitalism, Wall*Street dominance, and the strengthening of the asymmetric public-private USSA in the guise of social policies.
'bama's economic team, such as it is, is rumored to be readying another stimulus measure, with press leaks today.
That's my signal to expect some pretty weak UE numbers and a panic in the WH and with the Dems heading into Nov.
You super smart Wall Street wizards , who I chastise and insult, on a regular basis. You think you are above and beyond us mortals.
Listen and Listen REAL HARD. Maybe not the needle but up the nose, you stupid fucks.
YouTube - The Neil Young - Needle & The Damage Done (live)
The guilt is making it an epodemic.
Byzantine_Ruins wrote:
Or just a tool. He's too naive to be anything more than a tool.
"Summer of Recovery Mission Accomplished" tour starting tomorrow ?
QE2......$100,000 for one and all...spend it wisely. But spend it quick before it becomes worthless....oh wait, it already is.
Ya, In your case BR, it does Suck to be right.
wafdof,if you look at countywide or if it is a big city,the city "trends" ,the "trends" on zillow can give you some reasonably decent information with a lag. It actually worked pretty well in newer (less than 3 year old) subdivisions with lots of transactions for a while...no longer. There have been periods this year lasting several weeks when no one could accurately price a home in my area,one of the reasons has been an increasing geographical segmentation of values. Really sharp agents who have been working the same market for decades were bringing in 4-5 other agents to look at a property before pricing it. It is a fascinating time to be in the business.
Valuing a property in my area right now is an intuitive matter. You can study every bit of information available, look at all the comps,the price reductions,talk to buyers and sellers,talk to other brokers who know their business,but coming up with a market value is a matter of feel. The market is dynamic and there are simply too many variables for a reasoned opinion of value to be OF value in a market like this. wild.
"The deception hit a very high pitch with the financial titan failures, the entire string of them. It has never stopped since."
Gold & Investment in Failure
"The Golden Jackass" seems to be fitting for the artical.
ac wrote:
The difference is that this time the bank/Congress isn't going to
up. My bet is this is all about saying "I tried, but the Republicans hate 'Merica." (Not that they don't.)
Tom Stone wrote:
It's worth what someone's most willing to pay for it ... no?
Bubblisimo Gerkinov wrote:
It's worth what the "greatest fool" is willing to pay. Current question is, how many greater fools are still out there?
picosec wrote:
From watercooler conversations last week, at least 4 in my office are looking. This is SF Bay Area. They think they'll miss the boat if they don't make a move soon.
tom stone
tks for the info
ResistanceIsFeudal wrote:
ohhh... i think, in many ways, dubya represented a change from clinton.