He should live on the Mainland.

at least the Chafees have been willing to reduce the price.

That's because he's a govt. employee. They can afford it.

If your day job is merely governor, you can't afford a house. However is your day job is governor who accepts bribes, who cares if your house value falls?

So much for RI on a home in RI, how can I get on the big HCN Scorecard if I never make BFF guesses?

Outsider wrote:

Elvis - Is there a difference?

Ever driven a rental moving truck?

You can't win if you don't play.

Ever driven a rental moving truck?

Not that I can remember. You?

Rob Dawg wrote:

There is only one question; will it cash flow?

It cash flows when used as a cat house.

No man is an island, but as governor of one, you come awfully close.

I need to go buy wood spoons. Or maybe she asked if I would spoon? Either way, I have to go. Later

Elvis wrote:

live on the Mainland.

I do.

New Zealand Butter - Mainland Salted and Unsalted Butter Blocks.

That's a pretty big house. 800 grand would be cheap in southern California - at least in most of LA county

$800k would buy you a tired SFH 3/2 fixer in a the tony westside location, in the City of Angles.

It's a pissant amount, but if you start doing the same thing to Wall*Street, it'd set an ugly precedent.

So many homeowners are unwilling to price their homes realistically - at least the Chafees have been willing to reduce the price.

It's tough out there if you're not a TBTF bank that can use "significant" judgement in valuing "assets".

TINA (there is no alternative) is the biggest crock in history given that we have a fiat credit money system. Exactly how do you run out of credit with a federal reserve that can create trillions (or bazillions) on a computer?

Juvenal Delinquent wrote:

$800k would buy you a tired SFH 3/2 fixer

Our house wasn't supposed to be a fixer. The prior owner howled at the things we found wrong. We missed a decent amount of stuff.

Antipodes<

What's for dinner tonight?

Mrs. Gnome and I are having rainbow trout.

Your economy must be very strong!

Meh, The land size isn't that big. Where are they going to drive?

$800k homes in RI, $20k condos in North Vegas

Alliance Residential Co. bought an unfinished foreclosed-upon 19-building, 152-unit condominium project, on 10.35 acres, at 4034 Adabella Ave. in North Las Vegas for $3 million, or $19,737 per unit, from Great Western Bank. The Pueblos halted construction in 2008, amid the condo market collapse, and fell into default. The project was only 26 percent complete then.

http://www.lvbusinesspress.com/articles/2011/04/28/news/iq_43711327.txt

Regarding the Deutsche Bank lawsuit, the Justice Dept should expand the investigation to hedge funds that profited from the housing collapse. I'd be willing to bet that those same hedge funds had hired employees from Deutsche Bank (and other I-banks) that perpetuated the fraud.

This fraud is so big they can't even investigate it for fear the system will collapse. Exactly how you can get a collapse given we have a Fed' that's willing to go vertical with it's "infinite" balance sheet is beyond me.

YouTube - Digging in the Dirt - Peter Gabriel

Pellice wrote:

I know nothing!

Spend some time tonight with Google and get yerself some learnin'!

Lest you get a lesson from the school of hard knocks.

U.S. General Services Administration signed a 10-year, $3.1 million lease for 10,813 square feet of office space at 302 E. Carson Ave. in downtown Las Vegas.

Isn't there a lot of casino competition already in downtown Vegas?

josap wrote:

paint, tile, new shower etc

They tiled the ceiling in one bathroom. Heard a crashing sound last week.

Jonathan wrote:

short interest rates dropped to zero.

We don't need to panic until they go negative again.

TJ and The Bear wrote:

Another Decline In Registered Silver Brings Total Comex Physical To Multi-Year Lows | zero hedge

Who wants $18 physical when you can trade $41 paper?

We don't need to panic until they go negative again.

Rajesh,

And when we do panic, we all need to panic Nemo!

Rob Dawg wrote:

Who wants $18 physical when you can trade $41 paper?

Some people claim the same for petroleum.

Juvenal Delinquent wrote:

How would Dracula respond to being hit with a loss on his silver paper trade?

Dracula must be a short-term mo-mo trader, since anyone holding since before mid-April is still

barfly wrote:

can't wait to see how this plays out, but I'll bet it won't be good for Goldman

perhaps this was the strategy all along. get someone like Levin to make the push
so the WH has cover... this might be the place Drexel was 22 years ago,,,
,,,
good bye GS

At it's current burn rate, silver will be worth $6 an ounce again in about a month or so.

Duke of Con Dao wrote:

good bye GS

I doubt it'll be the end of them, but I'll bet they get a serious hand-slapping

no jail time for anyone, of course

Duke of Con Dao wrote:

good bye GS

Yup, just like AIG. Oh... wait.

Look up untouchables in the dictionary, and there's a whole page devoted to the squid.

Who wants to live in Providence for 900K+?

At that price, head out to Newport or something....

I'm guessing there will be new owners of the team this time next year.

hell, David Stern already owns one NBA team (the Hornets) because the owner ran out of $$$, why not another one?

...the NBA seems about as boring as it was in the 1970's, before Magic & Bird came along

I remember going to Lakers games circa 1977 with less than 5,000 people in attendance

What part of the country?

Hi, did I miss anything today?

All of Wall*Street admitted to collosal fraud, but other than that, nothing.

One reason people aren't lowering the asking price is because they can't.
They are asking just enough to pay the loan, listing/sales comm, closing costs.
Any lower and it becomes a short sale. Or the sellers come out of pocket, but most of those pockets are empty.

Ding! Ding! Ding! We have a winner! They're broke. Flat broke. If they can't get the loan paid they might as well just let it go into foreclosure.

Comrade Kristina wrote:

Hi, did I miss anything today?

Silber lined coffin.

josap wrote:

They are asking just enough to pay the loan, listing/sales comm, closing costs.

So they can get the same-sized mortgage again when they move

nope. But a few sold high-priced junk built homes led everyone to believe otherwise

MattFea wrote:

Dad would "love" to get 350K, but I have a good feeling we'll need to price it around 300/310 to get at least some serious interest.

Price the house to "move" from the begining,. The most activity you will see will be in the first few weeks. If the MLS shows you are dropping the price or chasing the market down you won't get much in the way of decent offers. Look at the comps and take 5% to 10% off, hard to do. News has it that prices are still dropping, everyone looking to buy knows it and will offer in that light, .

I saw something about a suit against Deutsche as well?

MattFea wrote:

Couple of 2900's just up the road are on the market for 439K each. Ridiculous.

At least that's below $200/sq ft. Many markets are still nutso.

I'm looking at you California.

Comrade Kristina wrote:

I saw something about a suit against Deutsche as well?

iirc, that is more in the nature of a private suit

Nope,

Deutsche Bank Accused in U.S. Suit of Lying About Mortgages - Businessweek

MattFea wrote:

So they can get the same-sized mortgage again when they move

No, they don't have any equity in the old house to put down on a new house.

time!

25oz bottle of local IPA calling my name.....

(weird bottle size becoming more popular. two 12oz beers plus one oz.)

A bargain too: $1.99 plus bottle deposit.

Comrade Kristina wrote:

Nope,

Great!

maybe now we'll finally see some action

poic wrote:

The market is the market.

Yep.
But is "my home".

Rajesh wrote:

"The Houdini trick of using the equity from a previous house to make the down payment on the next house ..."

YouTube - Houdini Straitjacket Escape

None of the above. I'm glad he's dead, I'm glad we didn't have a show trial and I'm glad we killed him. I had a few old HS friends (a couple ex boyfriends) that have turned into rabid, right wing loons and I was tired of reading they and their friends drivel. They seem to have lost their mind when we got OBL.

JimPortlandOR wrote:

25oz bottle of local IPA calling my name.....

Cheers!

Comrade Kristina wrote:

have lost their mind

Big Obama fans now?

couldn't he say "Lincoln slept here" ?

Comrade Kristina wrote:

They seem to have lost their mind when we got OBL.

You mean they were saying something other than "What a perfect opportunity to declare victory and get the hell out of there"?

I've been really surprised at the lack of craziness from my friends. It's probably building up somewhere sight unseen.

Rickkk wrote:

His death is of no consequence.

Yeah, but it's still a nice way to start the week.

edit: Stratfor speculates that this, along with moving Petraeus to the CIA, are the prerequisites for calling it quits in Afghanistan. That will get my vote.

YouTube - Freestyle Fellowship -MARY

HomeGnome wrote:

See I. A.

Wildly OT:

POIC<

I got 30 rolls today out of 34 attempts.

How goes the pain?

comments to the effect that we stirred up a hornets nest, and would have been better off leaving him alone, are entirely wrong-headed, imo.

cowering from a bully doesn't get anyone anywhere

they must be stood up to, consequences be damned

I didn't say it was really of any consequence. I just said I was glad he's dead. Some people just need killing and he was one of them. I do think we might get some decent intel off the computers they seized.

Comrade Kristina wrote:

I do think we might get some decent intel off the computers they seized.

You could just read the script.

When this house was first listed, I argued we'd see a price reduction. Although Case-Shiller doesn't track Providence, house prices have fallen about 15% in Boston and 23% in New York - and that would suggest a selling price in the $700s for the Chafees' home.

I don't know much about Boston's real estate market. But why would you compare the real estate markets in Providence and New York? The economic base, job scene, inventory, relocation market, etc. is totally different. Providence once was one of America's great manufacturing towns. Now, all it has left is government and education.

Providence has more in common with Detroit or Cleveland.

Antipodes wrote:

Moroccan braised lentils, green beans, and rice, with paratha.

Sounds delicious.
Did you make the paratha?

Comrade Kristina wrote:

" I do think we might get some decent intel off the computers they seized."

An idea which would benefit the Illuminati in the short-term.

Clandestine cell system - Wikipedia, the free encyclopedia

"Osama, in this model, has the main responsibility of commanding the organization and being the spokesman on propaganda video and audio messages distributed by the propaganda cell. The other members of the core each command one or more infrastructure cells."

"Al-Qaida's minimal core group, only accounting for the leadership, can also be viewed topologically as a ring or chain network, with each leader/node heading their own particular hierarchy.... members are trained as ‘replaceable’ units, ‘vetting’ of members occurs during the invited training period under the observation of the core group.[13]

"Wildly OT:

POIC<

I got 30 rolls today out of 34 attempts.

How goes the pain?"

Way to go doood !!

I can actually with only minor pain today.

AND NOW FOR THE ENCORE LADIES AND GENTLEMAN!!

I just finished cooking. Organic pasta, in a fresh tomato and bacon sauce. And fresh herb slab bread.

repost from earlier today - more appropriate for this thread

Salt from Salt-n-Pepa is selling her house here on lawn guyland. Paid $1,000,000 in 2000. Asking $2.295 million but hey it comes with $17,000 in holiday lights.

Salt-N-Pepa singer selling Melville home

Melville Real Estate | Prudential Douglas Elliman

Other pricey items in the house will stay for the buyers, including workout machines in the 17-by-34-foot gym, all the window treatments throughout the house, an alarm and surveillance system, and $17,000 in holiday lights, says listing agent Mandy Laderer of Prudential Douglas Elliman Real Estate.

Located on an acre of land with a pond that has a waterfall, the house has six bedrooms and 5.5 baths, a walkout basement with 9.5-foot ceilings and lots of windows, and a 20-by-63-foot wood deck.

poic wrote:

in a fresh tomato and bacon sauce

bacon?

Seriously, dude?!?

I bet that's the ONLY reason you are biking these days.
So you can eat more bacon.
Hell, you'll sweat it out on the first incline anyway.

While company officials pointed to the plant’s age as a primary reason for the closure, a shrinking beef herd contributed to the decision.

“They just couldn’t get enough cattle to come through the plant,” said Wyatt Prescott, executive vice president for the Idaho Cattle Association. “Our herds have been cut to the point that there’s just not enough cows out there.”
...
the latest cow inventory released by the U.S. Department of Agriculture in January showed just 92.6 million head of cows and calves in the U.S. That’s the lowest January 1 inventory since 1958.
http://www.agweekly.com/articles/2011/05/03/commodities/livestock/lvstk69.txt

Externalized Costs wrote:

the latest cow inventory released by the U.S. Department of Agriculture in January showed just 92.6 million head of cows and calves in the U.S. That’s the lowest January 1 inventory since 1958.

Hamburger Helper - without the hamburger - it's what's for dinner.

OT:

Bank of America’s Mortgage-Servicer Ratings Cut by Moody’s - Bloomberg

Moody’s lowered Bank of America NA’s grade to SQ2 from SQ1 as a primary servicer of prime residential mortgage loans and to SQ2- from SQ1- as a primary servicer of subprime residential mortgage loans, according to the report. The servicer-quality ratings reflect the ability of a firm managing mortgage loans to prevent or mitigate losses in a securitization.

HomeGnome wrote:

Send me your recipe, please.

Redhotcurry.com - Recipes. How to make tasty, edible plain parathas (flat bread)

This is Madhur Jaffrey's recipe, which my wife used to make regularly.

There are as many ways to make the paratha layered as there are cooks. I like to roll out the dough into a circular shape, brush the topside with ghee, roll it up like a roll of carpet, then curl the rolled dough into a tight spiral and roll flat again. Then you can cook it on a griddle.

poic wrote:

OBL's family disowned him years ago and a lot of his money was frozen. Others were funding his efforts.

I'd be grateful for any substantiation

poic wrote:

"Yep tiny tomatoes sliced once, cooked in bacon fat and their own juices. That's it for the sauce.
I can hear my arteries scream in terror during each mouthful."

Do yourself a favour, the following will open up your arteries, taste great and be inexpensive as well. Basil grows like a weed with a decent kitchen window.

Bruschetta with Tomato and Basil
Recipe
| Simply Recipes

HomeGnome wrote:

bacon?

Bacon or pancetta is fantastic in a tomato sauce. I often make huge batches of tomato butter sauce (I really like it with fennel) and freeze it in dinner sized servings. If I want to add bacon or pancetta, I can simply cut the pork belly into lardons, render it, then add to the tomato butter sauce. Delicious with pasta, gnocci, polenta, slow cooked green beans, etc.

MLM, " That will get my vote. "

Make up your mind , You want to stay or a reason to get out?

Antipodes wrote:

Bacon or pancetta is fantastic in a tomato sauce.

I know it.
I'm just giving poic some grief.
Mostly because he is old and out of shape.

I'll take annoying lawn ornaments for $200, Alex....

Rickkk wrote:

Try L-Carnitine, 3x250mg T.I.D. next time.

Go with the acetyl L-Carnitine-- much better absorption.

Acetylcarnitine - Wikipedia, the free encyclopedia

04/15/2008 Listed for sale *    $1,375,000 $177 Remax Allegiance
01/01/2011 Listing removed * $799,000    $103 RE/MAX Allegiance

aClem wrote:

I thought it was werewolves who didn't like silver. Vampires too?

Whatever you want.

aClem wrote:

I thought it was werewolves who didn't like silver. Vampires too?

OT:

How are the Giants doing?

Indians are on the war path but I know the home runs will turn into a trail of tears about June.

Oh, I want a reason to get out. Graveyard of empires and all that.

MLM wrote:

Graveyard of empires and all that.

game-changing technology, and all that

poic wrote:

"Thanks rickk, I'll try that."

L-Carnitine facilitates the transport of lipids into cellular mitochondria when oxygen supply is insufficient. Carnitine/Acetyl-Carnitine acts as a shuttle carrying lipids, across the cellular lipid bi-layer into the mitochondria. Carnitine will delay the muscle burn/fatigue temporarily (like a short-acting emergency gas tank). Your cells will oxidize lipids when available and when there is an inadequate oxygen. Carnitine is defined as a semi-essential nutrient, whose production declines with age. It worked well for my dad, and bought me time till I got him started on a prescription med, Pentoxifylline (Trental) to treat intermittent claudication. Prevented him from falling again and a hip replacement.

It also seemed to work well for the Italian soccer team in the 1980's, or so they thought - seemed to increase blood flow to the legs. I'm not sure if it was exclusive to the legs. My 2-cents.

barfly wrote:

game-changing technology, and all that

Technology isn't going to change people's hearts and minds barfly. And their hearts and minds belong to Islam.

barfly, " game-changing technology, and all that "

I'm sure we will keep a "Fort Apache".

That way the MIC will have an excuse for continues R&D and a Testing Ground.

MLM wrote:

And their hearts and minds belong to Islam.

and the Taliban is making sure of that

I have a film recommendation:

Osama (2003) - IMDb

Basel Too wrote:

the Patraeus move also means that future "wars" will primarily be fought with special ops, spooks, and private contractors. e.g.: after the planned Iraq withdrawal at the end of the year, the US embassy in Iraq will have 18000 people....

Ah, 4GW
Fourth generation warfare - Wikipedia, the free encyclopedia

Sit a dell.

Seeing as no one here believes anything on the Web I won't post any links. There's plenty out there.

HomeGnome quoted:

"...the Patraeus move also means that future "wars" will primarily be fought with special ops, spooks, and private contractors."

In which case the truth will remain the first casualty of war.

poic wrote:

Seeing as no one here believes anything on the Web I won't post any links.

No, the problem is winnowing the grain from the chaff. We're over our heads in information, with usually no way to evaluate it.

poic wrote:

Seeing as no one here believes anything on the Web I won't post any links. There's plenty out there.

I'm not clicking on "tiredolddude dot com" or "whiner pants dot com", anyway.
and especially not "ohmydamnlegshurtlikehell dot com"

HomeGnome wrote:

DO you remember when we talked about WHAT IF the US had spent the war dollars on solar power?
If so, do you still have the numbers you crunched?

Sure do. I'll drag them out a bit later. Different computer. Netbook on the hammock almost dinner time right now. IIRC it was 1/3rd of a TARP.

poic wrote:

he wants to be a biker

I've already flogged myself like a tired old mule out on the single track, my friend.
Good times indeed.
Even the rides where I bonked out and was in a daze for the last few miles....

adornosghost wrote:

" I've been using it for 25 years-- but do go with the acetyl form, as it gets through the blood-brain barrier."

Agreed, acetyl works better but more expensive. I have to buy the plain old L-Carnitine under the counter here, its all I can afford. Combine it with 500-750mg of Lipoic Acid for interesting effects. See the work published Bruce Ames. I walk the talk.

Bruce N. Ames

energyecon wrote:

Somewhere we batted through how much of current global solar manufacturing capacity we were talking about as well... just sayin'

Please add your expertise to the discussion.
No

Rob Dawg wrote:

DO you remember when we talked about WHAT IF the US had spent the war dollars on solar power?

I'm no geo-political genius, but I think the affair of Iraq as it was pursued may come to be understood as one of the greatest strategic blunders in a very long time.

Portugal Bailout Agreement: €78 Billion

MLM quoted:

poic wrote:
"Seeing as no one here believes anything on the Web I won't post any links."

Develop a thicker skin, your contibutions are welcome. The truth is out there, you are but one of many messengers. This is an Egalitarian forum.

Egalitarianism - Wikipedia, the free encyclopedia

pavel.chichikov wrote:

but I think the affair of Iraq as it was pursued may come to be understood as one of the greatest strategic blunders in a very long time.

I think it's safe to say we can lay that one squarely at the Bush 's feet, both of them

adornosghost wrote:

91,250,000 rooftop solar photovoltaic panels[19] developed each year for 50 years

The energy produced is the power rating of the source multiplied by the duration it is operational. These comparisons take into account the variability of available power (solar panels work only during the day, turbines work only when the wind blows).

Two panels on every roof, rather than a chicken in every pot. Sounds like a good slogan for 012. (Drill, baby, drill--four holes in every roof to screw down your panel.)

That 91,250,000 rooftop solar panels is for the entire world to eliminate 1 cubic mile of oil per year. Assuming the US is about a quarter of that, the cost per year is $340B. We don't need to eliminate all of our oil consumption -- maybe half of it would be enough. So we are talking about $170B. We could just eliminate part of our financial "industry" and achieve that.

EngineerJim wrote:

That 91,250,000 rooftop solar panels is for the entire world to eliminate 1 cubic mile of oil per year. Assuming the US is about a quarter of that, the cost per year is $340B. We don't need to eliminate all of our oil consumption -- maybe half of it would be enough. So we are talking about $170B. We could just eliminate part of our financial "industry" and achieve that.

Agreed--critics of renewables forget it took more than 60 years of investment to build our current oil/gas infrastructure, although the exploding pipelines and all indicate that some of the older pieces of that structure are due for replacement and reinvestment.

I'll bet you one AIG for rooftop solar, but no politician will take the bet.