What!? You mean I shouldn't put the addition on just yet? But the wife's getting pretty hot about wanting indoor plumbing!

Currently investment in single family structures is at 0.66% of GDP, significantly below the average of the last 50 years of 2.35% - and also half of the previous record low in 1982 of 1.20%.

collapse

When nations get bolder, and they despair,
Many years from now,
Will they still be sending me out more times
Mushroom greetings, destruction of life?

If I'd been out past Nagasaki
Would you ask for more?
Will you still need me, will you still fear me,
When I'm sixty-four?

oo oo oo oo oo oo oo oooo
You'll be bolder too, (ah ah ah ah ah)
And if you say the word,
I could stay with you.

I could be handy, mending a feud
When your rights have gone
You can live with fission by the fireside
Sunday mornings, have a half-life.

Being the reaper, digging the graves,
Who could ask for more?
Will you still need me, will you still fear me,
When I'm sixty-four?

Every summer we can get a new colleague
Looking for might, if it's not too dear
You shall scrimp and save,
Countries on your knee:
North Korea, or some rogue state?

Send me in a missile, drop me and i'll do fine,
Stating point of view
Indicate precisely what you mean to say
Yours sincerely, Wasting Away.

Give me your answer, send me behind enemy lines
Yours for evermore
Will you still need me, will you still fear me,
When I'm sixty-four?

YouTube - When I'm Sixty-Four- The Beatles (Sgt. Pepper's Lonely Hearts Club Band)

HG - a game of Fallout in remembrance? Talk about a scary possible future. What a great game though

I'll stick with Torment, Resistance..still play that game every year and I get more out of it each time.

Had a nice little scare for the last hour or so. Brush fire about 2-3 acres in size started just across the mesa I live across from. SDFD put it out, so far, it got fairly large. Fire sucks here in So. Cal. I packed up the essentials though...you can never be complacent. Had about 20 or so 'copter dumps with two of them.

It was started by the dipshit across the way with his damn tractor....I see him all the time in the heat clearing brush and always thought if we were to go that would be the ignition point. The dumbass hopefully learned a valuable lesson today.

Ciao
MS

Equifax Canada’s latest consumer credit delinquency data which shows that Canadians continue to fall behind on their credit payments at an ever-increasing rate. The average delinquency rate for Canada rose by approximately 24% over a one-year span from June 30, 2008 to June 30, 2009. The average delinquency rate for all of Canada as of June 30, 2009, was 1.56%, a 3% increase over May 2009.

http://torbjornzetterlund.com/home/annualized-delinquency-rate-in-canada-jump-to-24-.html

Outsider (profile) wrote on Thu, 8/6/2009 - 11:52 am reply Ignore user
Well, I've heard zero anecdotes locally about people staying in homes w/o paying.

I hear about this stuff in the hallways. Maybe because it's the central valley which is especially depressed.

One PhD. student used his student loan as part of down on a house in Davis. They haven't paid in 19 months and they still live there. This info was leaked to me by another who bought a place but needs to refiance and the banks won't play ball. He's been paying for his education as he goes, so no loans have been required. So he asks if he should take out a student loan to pay off the second which will bring down their LTV enough to get a mod and then get the loan forgiven. Apparently he knows someone who used their student loan to purchase down in Long Beach and did this.

I looked at him and asked "was your friend a teacher?" Yes.
"are you a teacher?" not yet (he's not done with his candidacy)
" my advice, find out the restriction on the fogiveness program first. I'll bet it's pretty restrictive. You might not like where you'd have to teach" dead silence
" the next step is finding out if you can get a student loan this late and do you have to show that you are inded using it for tuition?"

I didn't have the heart to tell them that even teaching positions are hard to come by and harder to hang onto here and if he owns the house, he can't move to where he would be needed to to get the forgiveness credit.

Something for drought-drenched Californians to consider during fire season...

Salt-water is rarely used in firefighting, because it gums up the works of precision equipment, or is just too far away.

When wildfires break out, that's your limited future fresh-water supply they are using to put it out.

Pyrrhic victories, and all.

Hummm. Improvement is nearly twice the share of GDP as investment.

Bring back the handyman!

clearing brush is not something you do in the middle of the day when it's over 90d and almost no humidity.

vonbeck-
stuff still stays packed.....we've seen this movie many times before.

Ciao
MS

As a mean libertarian, I resent paying for this fire-fighting in the mountains of california. I say: let those welfare queems pay if they want their houses saved.

a pipeline 50-foot in diameter would do. It could keep illegals out, too.

Out of Mexico, you mean?
Or out of Canada?

We're doing our share for the home improvement 'boom'. All kinds of fixing up this summer, and we'll be replacing windows before the rainy season.

I've done the fire watch thing too, in eastern WA. Scary to see smoke & flames cresting the ridge right across the road from our place.

Juvenal Delinquent (profile) wrote on Thu, 8/6/2009 - 4:10 pm

Salt-water is rarely used in firefighting, because it gums up the works of precision equipment, or is just too far away.

Also is a bad idea if you want stuff to grow again-

The Great Water Pipeline Project (GWPP) could be another Fed liquidity project.
...............
good one!

Wow. Multifamily dwellings have sure gone out of fashion in the past 30 years. A factor of 3 drop?

Obama could use a gold spike hammer

I'm not sure gold is a good idea.
It's either too valuable or too wortheless, depending on your book.
.
What about ice?

Juvenal Delinquent (profile) wrote (in reply to...) on Thu, 8/6/2009 - 4:21 pm

CARthage = L.A.

Yes; the Romans really fixed Hannibal.

It's only scary if you don't have insurance.
Of if your insurance company isn't backstopped by the Fed.
................

Hmmmm......
had insurance, had bug out plan, had good surveillance & fire fighters....

still scary.

let's be bi-partisan: the TRAIN can run on top the pipeline, and the mag-lev can hang off the side of the pipe.

"still scary. "

Had one burn right over my head one time. While evacuating, we couldn't see the center line on the road without opening the car door to look down. Scary is right.

Wouldn't that be tri-partisan? train, maglev, pipline?

I smell pork n beans. Many many billions of beans. Sheer genius

On the fire fighting:

Here in Greece, it has been a rough few years with lots of fires, most on a much smaller scale than CA. The Canadair planes are a key to much of the fighting in remote areas, and many of the affected areas are remote or inaccessible on foot or by truck here. All of them are very frightening to me. I hope you folks will get them out soon.

Town was in a valley that would get smothered in smoke during fire season. Everyone kept asking everyone else where the fire was, so they could jet home if needed before the roads closed. Lots of ranching and hay farming there, so much loss potential.

Being scared of the right things is nature's way of making sure you're paying attention.

RIS,

I just thought the SNL video of the renters gutting and rehabbing their apartment was hilarious.

Well, I don't know the guy, but he needs one kidney and I have two .... BAD IDEA!

Conformity and obedience are important to maximize efficiency.

.....................

Which is also pertinent to the marriage debate.

edit: in reference to http://www.hoocoodanode.org/comment/reply/7555/869822

Bad Idea Jeans 

Joanna, jet home as in hurry home or fly by jet--it is a big difference to me.

God imagine good ole J. Edgar if he had had the internet...all this free thinking radical claptrap...

I was in line at Home Depot behind a guy who appeared to be returning raw materials for a house, or at least a significant addition. It seemed to be far too much for someone to have merely overestimated how much wood, shingles, etc., they needed.

broward (homepage, profile) wrote on Thu, 8/6/2009 - 3:33 pm

Why would you think that it wasn't already a political weapon?
Conformity and obedience are important to maximize efficiency.

Words chosen carefully broward. Economics has always been a political weapon.
"There is little to nothing left that's stopping economics from becoming purely a political weapon."

Lottery.

What do you think the HD employees would have done ahd they seen it first?

Vonbek777 (profile) wrote on Thu, 8/6/2009 - 3:41 pm

Question of the day:
Say I was at home depot and while waiting in line at for the sole human working checkout, I noticed that not just one but two self checkout lanes had cash in the change dispenser, and no people to claim it. Let's further say I pocketed a 20 and 10, and a few pennies...was that stealing, or did I hit the lottery?

Free pony!

Re: train, maglev, pipeline?

I have asked the voters, the citizens who have elected me - their humble servant of the people - and THEY have requested for me to support this compromise because
(queue flag)

BECAUSE - in the interests of Merica,
(queue slow-motion eagle)

the best country in the entire world - deserves the best TRAIN, maglev, and pipeline in the world too.

(queue slow motion eagle, flag in back-ground)

We - the people of this great nation - can NOT expect anything less for our children and our country.

(peasant looking skyward....)

(Eagle takes wallet, peasant doesn't notice)

these plunges are not over

broward (homepage, profile) wrote on Thu, 8/6/2009 - 3:45 pm

I yield to your blade, Sir.

No worries. The question that becomes interesting for us is what factors have shifted the balance and removed the natural checks of self-interest that helped to shield economic policy from political tyranny... Corporate giants that became larger than governments is one factor.

No worries. The question that becomes interesting for us is what factors have shifted the balance and removed the natural checks of self-interest that helped to shield economic policy from political tyranny... Corporate giants that became larger than governments is one factor.
...................

I think Merica has gone down the factory farm path. Whatever it takes to get the product (whatever that is) to market, with the end result being mistreatment & death for the factorees.

Or maybe the corporation-entities have just metastisized....

Re August 6:

THE WARLORD

See the living candles who proceed
Towards an end-of- living destination,
Come to recollect a warlord’s deeds
These burning bodies come from burning Dresden

For as the asphalt melted in the heat
Those who fled the fire melted in,
Burning in a fire from the feet:
Luminary tapers in their skin

Luminary tapers in their skin,
Processions in a candle-lighted frame,
Tokyo and Coventry, Berlin
Burning on the altars of their fame

Warlord after warlord on parade
And all the burning bodies they have made

Pavel
July 18, 2009

Wow, this thread got off-topic in a hurry.

@MS,

This is new information to me. They have an outright purchase program that they do in the daylight, then they purchase up to half of the primary dealer Ts in the shadows?

I am starting to come around to ghostfaceinvestah's view that inflation (or stagflation) may be coming sooner than later.

Thanks for the link.

MS (profile) wrote on Thu, 8/6/2009 - 4:49 pm

Ciao
MSFrom the article:
"A more honest and open approach would have been for the Fed to simply buy them outright at the auction but this way, using "primary dealers" and "POMOs" and all these other extra steps the basic fact that the Fed is openly monetizing US government debt is effectively hidden from a not-too-terribly inquisitive US press...."

Whomever wrote this seems unaware that the US press corp is on the inside, and is deliberately not reporting this.

Give a man a paper hat and he'll make himself a King!

"I'm sure Obama will find some way to get the extra water out west. A water pipeline would be an ideal project for employing millions at minimum wage."

It's called interbasin water transfer; and there's a hell of a lot of it going on in the continental US already, mainly in the east and up toward Canada (yes, some of "our" water goes to Canada in a few of these projects). Some of these projects are 100 years old.

I know you're not being serious, but it's something that seriously could be done if there was the money and if it actually made economic sense.

As for putting the unemployed to work, Hitler built the autobahn that way during the depression. Lotsa soft-handed white collar workers found themselves confronting the wrong end of a shovel for nine hours a day every day, and no way out past the men in the spiffy uniforms.

I am starting to come around to ghostfaceinvestah's view that inflation (or stagflation) may be coming sooner than later.

................................

Yah, thanks for the link. I have some strategic purchasing to do while i am still employed.

"As for putting the unemployed to work, Hitler built the autobahn that way during the depression. Lotsa soft-handed white collar workers found themselves confronting the wrong end of a shovel for nine hours a day every day, and no way out past the men in the spiffy uniforms."

Yeah, but hardly anyone had a car, because Germany was too poor and too concentrated on re-armament to make them. The autobahnen were very lightly used until after WWII.

pavel.chichikov (homepage, profile) wrote on Thu, 8/6/2009 - 5:00 pm

Yeah, but hardly anyone had a car, because Germany was too poor and too concentrated on re-armament to make them. The autobahnen were very lightly used until after WWII.
Hitler had an answer for that too; the Volkswagen, or peoples car, designed by none other than Ferdinand Porche-

Abby Joseph Cohen thinks another bull Market has started, but does not present any evidence. They roll her out at opportune moments.

Corporate giants that became larger than governments is one factor.

No doubt.
The projected underwater numbers are now past what I expected several years ago.
30 million households underwater is a LOT of political instability.
That's easily enough to overturn the existing government given the right circumstances.

That's 60 million people, give or take.
Toss in several million of under and unemployed renters and a Big Bang could occur.

I am starting to come around to ghostfaceinvestah's view that inflation (or stagflation) may be coming sooner than later.

Stagflation = the rich get richer and everyone else gets poorer. One look at the last 100 days of the stock market should convince you, especially the volume and the stocks making up that volume.

Stagflation is already here, no need to wait around anymore.

"...that's not a Porche, that's a Lexus."

Punch line, you fill in the rest.

Chris Tucker owes California $3.5M in back taxes

Plenty of "Good Americans"....

are the banks about to take another pound of flesh?

SEC May Delay Short-Sale Curbs, Seek More Comments
SEC May Delay Short-Sale Curbs, Seek More Comments (Update1) - Bloomberg.com

"Think how many people Obama could hire to make spiffy uniforms."

In North Carolina? I hope it isn't too late.

look how Germans idolized their movie stars in the 30s. Followed the tabloids, and lived vicarious lives...most of these stars were not living virtuous lives... sound familiar?

Yes. Americans did the same thing in the 30's.

your point is well understood.

11th and 12th of what?

"...that's not a Porche, that's a Lexus."

Paint joke meme, saw it on OKCupid last night.

Charles Kiting,
Not saying we didn't, though we had a much broader spectrum...with the popularity of the western..but America wasn't very far from the land of fascist thought either. Remember Hitler wrote FDR praising the new deal...

HomeGnome...my point exactly...how many news cycles to MJ now, and still going...

You may very well be right, Rocky.

Can't wear out her credibility.

She has credibility?

Charles Kiting (profile) wrote on Thu, 8/6/2009 - 5:04 pm

Stagflation is already here, no need to wait around anymore.

You wish. Conventional description is low growth with high inflation, the product of which is the misery index. We're seeing deflation and negative growth. Perhaps we'll end up with stagflation, but not now-

Former judge linked to stripper pleads guilty to bank fraud in Ewa Beach home buy

Mortgage fraud, strippers, a little hoocoodanode I would be caught. Man were is Lucifer, this is a story for him.

honoluluadvertiser.com | Honolulu | The Honolulu Advertiser

Liz, got to love those Judges in Florida.

I thought stagflation was when everything you need gets more expensive, everything you don't need gets cheaper, and your wages stay the same or go down.

We're seeing deflation and negative growth. Perhaps we'll end up with stagflation, but not now-

it's basically a tug-o-war between BB's printing press and the disappearing electrons of debt destruction.

This looks more like 11% of US population or 1 in 9 people in this country:
Food-Stamp Recipients Reached Record 34.4 Million (Update1)
By Alan Bjerga

Aug. 6 (Bloomberg) -- A record 34.4 million people received food stamps in May in the U.S. as unemployment surged toward a 26-year high.

The increase marked the sixth straight month of record participation in the Supplemental Nutrition Assistance Program. The monthly total was up 21 percent from a year earlier and 1.9 percent from April, the Department of Agriculture said today in a statement on its Web site. Spending was $4.6 billion, also the highest ever, the agency said.
Food-Stamp Recipients Reached Record 34.4 Million (Update1) - Bloomberg.com

Re: that they feel constrained to deny the atrocities they have committed

Yeah-but, I'm a libertarian. The need the un-virtuous repenting - in public - and truth, and justice, and - uh - the Merican way!

"If only we had royalty to adore"

AN EASY ANSWER

Would you rather see a monarch
Or a monarch butterfly
Lavender Joe Pye
Weed?
And you already blossoming and bee’d

Snapped open is the fan
Of those black-orange wings
Slant jet veins and winter sunset
Feed -
A butterfly rather than a man
Or woman

Pavel
August 6, 2009

Joanna (homepage, profile) wrote on Thu, 8/6/2009 - 5:14 pm

"Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time"
Stagflation - Wikipedia, the free encyclopedia 
Google is your friend-

"I thought stagflation was when everything you need gets more expensive, everything you don't need gets cheaper, and your wages stay the same or go down."

No that's called "benflation"

Ciao
MS

Of all the graphs and stats and stories on this site, this is the one that bothers me the most.

"Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time"
Stagflation - Wikipedia, the free encyclopedia
Google is your friend-
...................

Thanks....
I was contributing the 'vernacular' definition as shared by some co-workers recently.

do the citizens of Detroit have to commute to the suburbs and exurbs to use their food stamps?

This question is wrong in so many ways that I have to take a nap now.

Re: and right there on the cover was a picture of the First Couple.

Huh, interesting magazine. Another hoocoodanode thing.

OUR royal family has the best Private Jet tho!

"Socialism's when the other guy gets something. When I get something it's just government doing its job"

Yep.

The actual question or the reality it portrays?

The fact that somehow it escaped a reference to Ca$h4Clunkers.

HomeGnome...my point exactly...how many news cycles to MJ now, and still going...

That's the main difference today - we have the silver screen going 24/7 in our homes, in the 30's you had to go to the theater and devote your attention. Of course, most of our TV/Internet usage today is little different than the large number of newspapers and magazines back then as compared to today. At most in the 30's people bought a morning paper and an evening paper, and spent 20 minutes with each; now we get a repetitive news cycle all day long, much more effective at pounding a message into your skull (whether you want it or not).

As a resident of DC, I really worry about this town - the place where people live, not where the commuters come in to work for the government. There are and always have been very poor people here, and the downturn is not making things better for them. We have 10% unemployment as it is. We have no real industry here - it's all service, especially tourism. The sales tax just went up.

Conventional description is low growth with high inflation, the product of which is the misery index.

That's the bureaucratic description. Mine was the conventional description. Only thing deflating now are wages and luxury items. It's moot anyway because the biggest factor is going to be tax rates, and you know those are going to go up.

This is an interesting thought, on-topic in almost any discussion:

Why the Economic Recovery May Be Different This Time
Why the Economic Recovery May Be Different This Time - Yahoo! Finance

"We don't see the consumer as being a normal part of the recovery," says Richard Hastings, consumer strategist at Global Hunter Securities. Instead, the consumer will be "very much a lagging piece" of the recovery, because of the "threat of unemployment with the absence of housing market wealth effect and the debt overhang."

That is a really massive URL, makes me horny

The sales tax just went up.

And there is now a street light tax.
I find it humorous that the city has a $666M revenue shortfall...

MS (profile) wrote on Thu, 8/6/2009 - 5:23 pm

Ciao
MS
Lots of folks dis wikipedia, but there's a lot to decent entries in there, though some are complete BS. If you're knowledgeable of electronics, you'll note that this article is very far off:
Flyback transformer - Wikipedia, the free encyclopedia
Doesn't mean they're all bad. Besides, I'd take wiki over DailyKOS entries ANY day.

"If Rob Dawg manages to split CA into ten States, there will be at least twenty more senators to "service".

Does that make you feel better, Pavel? "

Only if he can also guarantee a chicken in every pot, and a pot at the end of every rainbow.

Here ya' go:
Stagflation in the 1970s

More proletariat Dawgma...

"If Rob Dawg manages to split CA into ten States, there will be at least twenty more senators to "service".

1 in 9 on food stamps and 2 MILLION+ in prison.
What a country!

I lose internet access for a day and a half and I come back to find out that my mortgage company just collapsed. So since TB&W is going down I don't gots ta pay for my house no more, right???? I'll just file a motion of finders keepers with the town and stop sending the checks.

And they say this economic collapse is bad for people.

"With 1 in 9 on food stamps, how close are the rest of 'us' to not having food money? "

Not far, I am afraid. Meanwhile, TPTB are chewing down steaks at Morton's.

What a country!

"My dad and I talked about this awhile ago, economy goes south, GI benefits dry up, no jobs, lots of pissed off soldiers. "

that might be our best and last hope for real change in this country. we watch on the news and see rioting and coups in other countries and wonder how it comes to that. we are finding out quickly.

either that or we get hooked into the matrix.

"We don't see the consumer as being a normal part of the recovery," says Richard Hastings, consumer strategist at Global Hunter Securities. Instead, the consumer will be "very much a lagging piece" of the recovery, because of the "threat of unemployment with the absence of housing market wealth effect and the debt overhang."

though bernanke is trying his best to get the stock market wealth effect going again.

pot at the end of every rainbow.

Shame on you, Pavel.
You know that this is CSC's job, not The Dawg's.

Just a thought, but I wonder how GDP broke out food stamps and unemployment this time ... I'm too lazy to look....

"Automatic stabilizers are taxes and transfers (e.g. unemployment compensation and food stamps) that automatically change with changes in economic conditions in a way that dampens economic cycles. For example, when the economy turns downward, the amount spent on food stamps automatically goes up as more people apply (or eligibility rules are eased), and the extra spending the food stamps helps to soften the downturn for the individuals receiving the help and for the businesses and employees where the money is spent (and then the multiplier process spreads the benefits more widely). Similarly, unemployment compensation, which obviously rises as jobs are eliminated, goes up when conditions deteriorate and that also provides a boost to demand. In addition, income tax as a share of GDP goes down in recessions and that helps to offset the fall in GDP as well."
The Important Role that Social Insurance Plays During Recessions

I think we are already in the matrix sometimes...what good are people who don't make anything...wait we can be batteries...and the best batteries are fat dumb and lazy...just what we are pushing.

Later guys and gals (as an aside--Heinlein's best joke-- Hermaphrodites of the world, unite!) , been great as usually, got to go get the wife.

When Steinbeck related just how desperate the situation was in California in the 1930's, he was accused of making things sound demonstrably worse than actual conditions, and when others did a little fact-finding, it was thought that if anything-he had downplayed the severity of the situation...

Rapes of Graft

GREEN SHOOT ALERT. Fannie is ONLY going to tap into another $10.7BB this quarter from the govt.

We can just print that up, can't we?

Anyone know of a good wheelbarrow brand? I'm a gonna need one.

But Broward CSC isnt here anymore. Brave Dawg, valiantly trying to step into the breach.

Hmm, kind of like when a Corporation downsizes and the lucky fools still standing get to take on 3 other peoples work as well as their own for the privilege of still being employed. Only CSC didnt get downsized, he went on a very loooong retreat/vacation .Nevermind.

The consensus of macroeconomic forecasters is that ARRA contributed roughly 3% to annualized growth rates in the second quarter. This means that absent its effects, economic performance would have resembled that of the previous three quarters, when the economy contracted at an average annual rate of 4.9%. In short, the recovery act turned this quarter’s economic performance from disastrous to merely bad.
The Page You Are Looking For May Have Moved | The New Republic

Kinda like this Joanna?
HASBRO - MONOPOLY Brand Electronic Banking Edition

more Romer. How do you argue against this logic?

Romer said she was "quite optimistic" that unemployment, now at 9.5 percent, will come down in the longer term toward the 5 percent or so that was the norm in the 1990s. But she added that how quickly that happens depends upon when the current recession ends.

HomeGnome,

Too bad that version doesn't come with see-through office buildings.

Uncle Ben's Collusion Rice, only takes a week to prepare...

The y need an Illuminati version where the banker can secretly manipulate account amounts.

Doc Holiday (profile) wrote on Thu, 8/6/2009 - 5:43 pm

The consensus of macroeconomic forecasters is that ARRA contributed roughly 3% to annualized growth rates in the second quarter. This means that absent its effects, economic performance would have resembled that of the previous three quarters, when the economy contracted at an average annual rate of 4.9%.

Does that mean it's working?

In the 80's the only viable world economies were us, Canada, Australia/NZ, Japan and Western Europe...

Everywhere else was a small potato, and anywhere communism was, there was literally nothing.

Compare and contrast to today~

"

Wouldn't that be tri-partisan? train, maglev, pipline?

I smell pork n beans. Many many billions of beans. Sheer genius"

Watch out for Rock Ridge, they have a new sheriff...

The y need an Illuminati version where the banker can secretly manipulate account amounts.

The rules of Monopoly state the banker can always create more cash anytime it needs to.

The rules of Monopoly state the banker can always create more cash anytime it needs to.
................

True. So this version, the banker can dole out food stamps, unemployment, and C4C!

i mean, how do we know whether the amount of monetization is at or under the posted $300M? a: we don't have any idea. but this sort action goes to show that they are putting on a show for the rest of the world, to confuse other buyers into thinking there is a market for this shit.

damnit. i guess i really DO need to go buy guns and ammo. damnit.

True. So this version, the banker can dole out food stamps, unemployment, and C4C!

I like it. Just because you're out of money doesn't mean you get to stop playing. Should be called "Monopoly - The Subprime Lending Edition." Screw that "paying for a house in full" crap.

Re: What good will that do them unless they float their currency?

Yup... has to be a REAL currency. I wonder what the rest of the world's nobility is thinking now? For 50 years they thought the Mericans would be the cops and bankers for the world. Now what-uh-day-do? Really fansinatin'

Yup... has to be a REAL currency.

What, no full faith and credit in the Chinese Central Committee?

What, no full faith and credit in the Chinese Central Committee?

It sounds stupid when you put it that way... /snark

Add some kind of incrementally increasing speed requirement to keep the players bedazzled enough not to just jump off the hamster wheel....

If you're out of money, you get to take 2 consecutive turns every time. You double your chances of getting out of debt (but likely put yourself further into debt). Change the name of Chance cards to Lottery cards... Community Chest Card - "See a doctor at the free clinic, Pay $50"

Now I'm starting to get nostalgic for the 30's - the economy was horrible but the system wasn't as corrupt.

Statutes of Limitations vary by State. I think Cali has an especially long one, as
posted many, many threads ago.

Blackhalo I dont understand the reference to Rock Ridge. Can you explain? thanks

All of the obfuscation has come from on high, it's not like the brobdingnagians can blame it on some underlings...

Everybody is in too deep.

Re: Sounds as real to me as any currency - just a store of value, after all.

But if the Renminbi is fix to the UDS won't they get less. (Note: I only vaguely understand this money stuff. I still pay retail for cars).

Now that is some cliff diving, baby!

JP, I've read that blog long enough to know that the news today is nothing but repeats.

Still, the Fed was relatively new then and didn't totally have it's scam down as well as it does today.

Alright, time for me to take a break from dooming.

BFF Poll is open at the Polls link at upper left.

There's a word that I can't remember, from the 80s. Where they were supposedly supplying
liquidity, but they were sucking the money back in and killing it elsewhere.

Was it sanitize?

Ratz. !!

LL- Would the word you are looking for be sterilize?

broward (homepage, profile) wrote on Thu, 8/6/2009 - 2:30 pm
r

If Rob Dawg manages to split CA into ten States, there will be at least twenty more senators to "service".
Does that make you feel better, Pavel?

Eight States and that means only 6 new Senators. Never happen with this congress and administration as 4-5 of those would be moderate to conservative.

Viva Aura Costa de California!

Ohhhh, thank you Blackhalo. I remember watching that movie as a little girl with my dad. Hmm, if I remember correctly there was a scene related to beans. OOOOOH so in my stupid little post beans= dollars, if they do give a go ahead for the tri-partisan pork we will all be farting dollars!! Green shootz for all! Huzzaah!

You're welcom LL

The rules of Monopoly state the banker can always create more cash anytime it needs to.

It goes further that the banker does this by writing on blank pieces of paper! Exactly like real life.