Default Notices: Movin' on Up!
Submitted by
CalculatedRisk on Sun, 11/08/2009 - 5:39pm (199 comments)
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first?
yeeeeeeesss!
edit -- first means tipjar
No problem. By April the tax credit will get renewed, offer $15000, and be available to individuals earning up to $500,000 per year.
Speaking of Notices, how many boxes are they behind in Miami-Dade County in the clerk's office?
.
Just because those notices go out doesn't mean the judicial system moves any faster.
Any amusing idea from ZH: Substitution of big numbers to relevant players:
Hereditary homesteads. That is until tax reform imposes the new fairness.
Speaking of notices and the process, what is the gut opinion of people here in regards to ruthless defaulters? Would the subprime did it quicker than the 500+k home? Would the additional education of the middle/upper folks make them more likely to milk the free rent?
Damn Cr I posted this article this Mornin'
Rob Dawg wrote:
Here's some tax reform for ya: So beginning January 1, 2010, property management companies are required to withhold 7% of of gross rent payments derived from property and send it to the Franchise Tax Board. Currently this is only for non-resident owners, but I wonder how long that lasts.
Oh, no, Florida is a TITLE theory state, so those boxes have Complaints and
Answers and whatever involving judicial foreclosure.
. . .and everything else.
Somebody violate your contract. Somebody owe you money. Need
a declaratory judgment construing something???
Somebody encroaching on your property?
Somebody slandered you?
Need a title quieted?
It's all in those boxes.
He did. I read it then.
Liz
Gracias
Floridians pay sales taxes on rental payments and have forever.
Is this new?
Used to live in the Walnut Creek/Alamo area, this could not happen to a nicer group of pretentious poseurs.
In upscale communities such as Los Altos, Greenbrae and Alamo, where median prices top $1 million, about twice as many households received default notices from January to September as in the same period in 2008
I could not be less surprised.
We just told a real estate agent to go ahead and tell them we would be putting through our offer/contract in the next 24 hours.
Are we buying high? Probably. Do I care? Only sort of. Because we will own this until we are dead and then it will go to our daughter. Because it fits my requirements for a doomstead. It also will provide my daughter with her own house on the property.
This 'moving on up' have to be then occurring in SoCal and OC as well. From what I glean from news reports, SoCal median prices are up by 60K from the bottom. So these expensive houses could not be losing that much value, just changing hands.
Tim waiting for 2012 wrote:
What?! CR didn't comb thru all 815 posts? He is SUCH a slacker.
Things I learned this weekend on Hoocoodanode:
On Topic: So after I read Tim's post this morning, I checked a few choice local zips on foreclosure.com. Just eyeballing it, there are actually the same or fewer actual foreclosures listed compared to a year ago. Precious few at all. Quite a few tax liens listed, but most of those seem to get cured.
So I'm not sure what to make of this - wondering if it's a local phenomenon in the SFBay area...
....I would guess that the "favored classes" are more desirous of uninterrupted "comfort levels". Unknowns during foreclosures, (ie. authorities and regulators knocking unannounced at front doors), might tend to drive them to a rental faster.
THE
SPEAKS
Goldman Sachs boss says banks do "God's Work"
Goldman Sachs boss says banks do God's work
| Reuters
Good luck with that.
lawyerliz wrote:
Is to me - and homedebtors get to deduct the interest from taxes... excuse me while
nova wrote:
Congratulations. I hope it works out well for you.
sm_landlord wrote:
What shall we call this? The CA RE Last Straw Hail Mary Tax?
mp wrote:
But did Blankfein say which god.
Liz, are there sales taxes on legal fees in Florida?
(A tax on service revenue often comes up in California, but hasn't happened yet.)
I think a tiny drop of red blood should be dripping off
those tentacles.
Nope Sports, they keep threatening, but we are exempted.
That will be the Last Straw.
Congrats/condolences nova. Whereabouts in DC?
Rob Dawg wrote:
I'm thinking of as the political contribution encouragement tax. Now if I could just find an honest politician to send money to.
How many acres?
sm_landlord wrote:
Huh? Where's the ROI in sending money to an honest politician?
JP wrote:
You just know it's Cthulhu...
Very funny article, mp:
He [Blankfein] added that he understood, however, that people were angry with bankers' actions: "I know I could slit my wrists and people would cheer."
lawyerliz wrote:
A revolt by the lawyers. That would be The Last Straw.
Rob Dawg wrote:
Good point. Maybe the money is better spent on a recall campaign. Who should we recall?
60 Minutes had a thing on--I think it was increasing withholding money??
in Cali.
Is that true.
Fla just raised transfer of car title fees a lot so my son's free
car won't be so free.
C'mon, nova..........spill it.......
Hey, the Iranian lawyers were doing a good job protesting
for a while there. Maybe they still are.
sm_landlord
Thank you. It is old. 1897. Stone. 5 acres. Well water, farm building. A second stone house built from the old stone barn for my daughter. Some apple trees. Out in the Shenadoahs
sm_landlord wrote:
The incumbents.
Gorgeous country side. Do you still have
both arms and legs?
Don't laugh. Something very similar to that has actually happened here in Australia.
Steve Keen has a recent post (which I unfortunately can't link to, but it's at the DebtDeflation blog) complete with chart showing how increases in government support to first home buyers carry across 7 to general housing price levels. The multiplier is about six or seven.
Note that the increases have ratcheted up and never reduced, notwithstanding that they were originally stated to be temporary (to offset the impact of a new VAT), because any reduction would apply the same multiplier in reverse. Political suicide . . .
sm_landlord wrote:
lol. It should have been obvious.
All hail the tentacled one!
A heartfelt congratulations, nova!
Yes, it's a back door loan. Ca has employers increase payroll deductions by 10%. When you file your return you get it back, or change your W2 withholding deductions to avoid it.
lawyerliz wrote:
I've explained this before. Starting Nov 1st the State income tax withholding schedule became front loaded. By quarter instead of 25/25/25/25 it went to 30/30/20/20. The increase is merely causing hordes of people to adjust their withholding to as close to net zero as possible rather than the old practice of having a refund in April. California has been insolvent for some time and it is very very close to being exposed because it is almost illiquid.
nova wrote:
Outstanding!!! I've hiked the park many times - love the valley. Good going!
,rads y apparatchicas,
I am back from the forest for the trees, and I see that banks are doing all the deity work...
Is the Necronomicon a real book? That is to say, like Nostrodamus
was a real person and he wrote a real book with lots of unreal stuff in
it? I always thought is was a joke dreamed up for the Illuminatus
Trilogy.
mp
after reading the article i gotta love this pull
""God's work."
"In an interview with London's Sunday Times newspaper, Lloyd Blankfein also said he believed big profits and bonuses at banks were a sign ....(and)...We help companies to ... raise capital.... create wealth. This, in turn, allows people .... create more growth and more wealth. "
yep growth, wealth, capital, profits more wealth, more profits
sound just like what Jesus was always talking about all the time doesnt it folks. yep pofit and wealth...NOT
i guess when i die and go to hell at least ill be seeing some familiar faces there..all them bankstas
LL,
It is beautiful. Its up in the mountains. It has an old stone wall running the length of the road. The garden has a water hook up. It has decks. It also needs work. Itn has one building that has power and is setup for a wood stove. It has an old chicken coop. It is cool
Seeing desperation in $400K+ in Boston. But it's a quiet desperation. As in: Boston is so cool. Right? Right?!
nova wrote:
Ashamed to say I don't even know what state that's in. Google maps says it could be Maine, Rhode Island, or one of several other places. It must be a popular place name on the right coast.
Are you gonna retire there? Plant some peach trees!!
the egyptian book of the dead, no?
You never heard the song Oh Shenandoah?
Now I don't feel so bad vis a vis Baltimore.
Virginia.
nova wrote:
Sounds very cool - but it also sounds like you don't have utilities.
Errrr, no. OC might be close.
The Dataquick median for SoCal as a whole is up 28K from the April bottom as of September. (But still down 230K from the July 2007 top.)
mp wrote:
Which god, Baal or Moloch?
Virginia, mid-way between Roanoke and DC; harrisonburg(home of JMU) area ; drove that stretch many times in the 80's.
No the Book of the Dead is a real book written by Ancient
Egyptians. I've read bits of that here and there.
I think it means book of the names of the dead.
sm_landlord wrote:
Garsh. Cheap shot, I'll grant you: I've been abroad for some time, but when did NY-style obliviousness set in on the left coast?
Nova, congratulations!
When do you start to work on it?
Is the the tibeten book of the dead
im the fool again
from wikipedia
The Necronomicon is a fictional grimoire appearing in the stories by horror novelist H. P. Lovecraft and his followers. It was first mentioned in Lovecraft's 1924 short story "The Hound",[1] written in 1922, though its purported author, the "Mad Arab" Abdul Alhazred, had been quoted a year earlier in Lovecraft's "The Nameless City".[2] Among other things, the work contains an account of the Old Ones, their history, and the means for summoning them.
Moloch was fed little kids, right?
Thank you all. Very much. That is apple country Liz. Yes, we are going to keep it for a second house until retirement. Plus, it is a just in case place. No, we are not rich.
Yes, it has power, oil heat which is standard out that way, well water is pumped in plus there 2 pumps on the grounds. The old style.
We bought are tiny tiny little house outside DC 20 plus years ago and never took out equity. It is actually cheaper for us do this. Keeping both places is still cheaper than a decent townhouse in No. Va.
lawyerliz wrote:
Oh, I know the song. That's about it.
And while I know that Baltimore is in Maryland, I couldn't point to it on a map.
I also didn't know that Virginia had mountains.
nova wrote:
Sounds idyllic.
lawyerliz wrote:
Here's what i wrote long before anybody but Ben Jones, CR and me ever heard of a housing bubble:
Feb 03, 2006
Thumbing through my copy of "The Necronomicon" (at midnight by the light of a black flame), it warns that the consequences of bringing the housing market back from the dead will be far more dangerous than letting it rot in the stygian depths to which it has fallen. The extent of those depths in the dark days ahead will not be known until the spectre of Cthulu awakens and (re)posses those things most dear to the doomed minions souls. Namely the holy speed boat, the most reverent Harley-Davidson, those objects of all desire the SUV, RV and ATV. Only then when all hope is lost and the scavengers are finished picking the bodies on the bloody battlefield clean of all that is valuable will the lamentations of the children, resigned to public schools and community college be heard. Only then as the wives cry out to the darkness, "Maui, Cancun wherefor art thou" will the true nature of the beast variously known to mere humans as the House ATM, the great equity withdrawl, the very HELOC himself so powerful that he is CAPITALIZED be revealed as a vampire sucking the lifeblood of guilty and innocent alike. Listen now, quiet, in the distance. The sound, the smell, the desperation. Those who thought an easy death, bankruptcy itself will be denied. No one gets off that easy. The laws of the gods of light and dark are no match for the US courts system. Ameriquest will eat their livers every dawn and peck out their eyes every sunset only to keep them barely alive to feed again on the morrow. And at night, where will they sleep? Not in their own beds, that's for sure.
[In truth the Necronomicon is a literary construct of author H.P, Lovecraft.]
sorry for "lyin" to ya Liz
me stupid
....I woke up one middle of the night while camping in the Shenandoahs with a BIG bear face staring down at me just outside the plastic tarp covering my face. I could hear him breathing against the plastic 6-inches away. I closed my eyes, scared shitless, and I swear to you, 40-years later, I don't know if it was a dream or the real thing. I DO know the urine in my trousers in the morning was QUITE real though.
Imagine the writing you can do out there Nova!
sportsfan wrote:
"Almost heaven . . . "
Anak wrote:
Well, let's put it this way: I've been in and out of many cities on the right coast on business, and was always wishing I could leave ASAP. So I have never bothered to look any farther. The only area I ever voluntarily returned to was Florida.
Cali withholding.
They rejiggered the standard withholding schedule so us wage slaves will have more withheld each pay period.
In theory, we will get a nice tax refund in April, if it caused us to be over withheld and if Cali doesn't issue tax refunds with IOUs again.
Everyone that I know is running out to adopt goldfish and claiming them as dependents on revised W-4s.
NW
since we're talking about old crazy books -- anyone peruse Ezekiel lately? nothing like a little god-sanctioned raping 'n pillagin!
Almost heaven is WEST Virginia.
Virginia's mountains are gorgeous, stunning, not harsh
like the Western Mountains.
I never read Lovecraft. I like Scifi not horror.
Gosh, landlord, Fla is truly favored.
I had almost the same experience almost BSR. Shennadoah area has the highest concentration of Blackbears in the US
There is a heavy beam with 2 big eye hooks on the property. My wife asked "what are those?" They are deer hangers.
In the vicinity of Charlottesville?
Just curious.
mp,
Near Front Royal.
Front Royal. Yep, lovely area.
lawyerliz wrote:
Wasn't when Lovecraft wrote his stories; but someone inspired by the stories later wrote a version to round out the Cthulhu Mythos..
Front Royal.
OK.
lawyerliz wrote:
Hurricanes love Florida.
cali wage slaves: can you readjust your income so your withheld money is lower, like by shifting to weekly bonuses? maybe divert it to the 10% capital gains rate somehow, by receiving payment in the form of US Treasuries via some obfuscating intermediate transactions?
Poof, let me check Hurrevac.
sm_landlord wrote:
They aren't by 'western standards' - but still lovely. When people ask me where they should take their kids to introduce them to hiking in as safe and easy a situation as possible I tell them 'Take them to Shenandoah Nat'l Park'... my kids have been hiking it on and off since they were 4 y/o.
Citizen Scotto wrote:
you didn't know that? upper west side, baby!
sm_landlord wrote:
Ashamed to say I don't even know what state that's in.
Think Virginia, half way to Tennesse.
Beautiful country.
Mrs BSR,
I can write anywhere. I write my stories usually on a laptop balanced on my chest while my wife, kid, and dog interupt me every 5 min
As I recall, Front Royal is near to where Booth was captured.
Also, the AFL-CIO used to conduct leadership training near there.
This is cause for celebration.
YouTube - Shenandoah
lawyerliz wrote:
bah... yes everyone should themselves migrate and recommend others to move to West Virginia
lesse, mp. we need some rope, some
, and what is the name of that contraption they use to castrate a bull?
RockyR wrote:
I prefer to use market bears.
The line has it going in over the panhandle.
Cat 2.
The 3 day cone of uncertainty has it coming in
somewhere in North Fla. The 5 day cone has it
down to about Ft Lauderdale.
Remember, the cone of uncertainly only covers the most
likely 70% on area, so there is a 30% chance it won't be
anywhere in the cone at the appointed time.
We sneer at Cat 2s.
sm_landlord wrote:
West Virginia used to be part of Virginia until they decided to stay with Union during the recent unpleasantness (a/k/a the War of Northern Aggression).
oop. n' and out. gotta run.
happy
ing!
mp,
We looked at one place. 23 acres, a farmhouse, with a machine shop! It was under contract.
dryfly wrote:
I'll add that to my list for the trip I need to take to Arkansas next year. The place I'm going means that I'll need a car anyway, and it looks like maybe a little over a day's drive across Tennessee.
Just joined in and heard the good news- Congrates Nova!
If you need help on your place I"m down in the flatland...
There is some trash novel writer I like who lives in Front Royal.
Ummm, who???
You can always set up your own machine shop.
mp will beam over some concrete for the flooring.
sm_landlord wrote:
If by car do Skyline Drive - short day hikes & overlooks all along the way... then farther south do the Blue Ridge Parkway. Both fabulous.
Anak (profile) wrote (in reply to...) on Sun, 11/8/2009 - 7:15 pm
sportsfan wrote:
Sounds idyllic.
I think that would be WEST Virginia:
YouTube - Country roads John Denver Almost Heaven West Virginia Parkersburg WV
(Same river, though.)
Thanks Blackwater. It could fall though. You never know.
mp, I still want to learn welding, and yeah, the little building with power and a hookup for a wood stove would work for that.
A reply to Rob's old comment above.
Edit again. GS instead of Ameriquest.
No, just deduct your goldfish as dependents.
ok this may come in handy after
the necronomicon and all the worries of the world have done with us
"What we call the Egyptian Book of the Dead was known to the Egyptians as Reu nu pert em hru translated that means The Chapters of coming forth by day. It is a collection of chapters made up of magic spells and formulas. It was illustrated and written on papyrus...( some 1600BC)"
Egyptian Book of the Dead
ha, nope, but I do know where the Shendandoah is
do the Blue Ridge Parkway. Both fabulous.
Don't miss Pigeon Forge and DollyWorld!! It will be a life changing experience
lawyerliz wrote:
Thanks, Liz. I was a lot later with that one. Too many distractions to follow the thread (no, not the game).
Nova, have you got neighbors you can work with?
Lordy be, between us we know everything?
Do you read ancient Egyptian, Mock?
And I think the Tibetan Book of the Dead is real too.
Ah Skyline Drive!!!!
Didn't Ameriquest die shortly after Dawg's old post?
I was considering searching for a doomstead in the Trinity Alps, but then this hit the front page of the LATimes:
Marijuana growers upend hard-luck California town -- latimes.com
*Almost heaven is WEST Virginia. *
so, western Virginia is *almost *almost heaven
Pigeon Forge Dollywood.
Hahahahahahaahahahahahahahahahahahahahahahahaha.
Drive past them anyway.
and not just any machine shop
edit: granted that is just a really pretty lean-to for storage
NorkaWest wrote:
NorkaWest, hard to tell where your sympathies lie.
BTW, I think Virginia never forgave them for leaving . . . not to this day.
nova wrote:
Been there - done that!!! Never miss a roadside 'attraction'... though we spent a LOT more time in the Smokies than in G'Burg, Dollywood or PF... but the kitsch it is the perfect opposite of fly-fishing Abrahms Creek.
mp,
I don't know anybody out that way anymore but I plan on introducing myself. I don't have a problem with talking to people.
Hehe. If I had a dollar for each time I heard that Saratoga and Los Altos and Los Gatos were immune, I'd have almost enough money to put down as downpayment in one of these cities
Was leafing thru a city rag (mountain view voice) this afternoon while enjoying a beer at a cafe, looking through real estate ads for my amusement. Average 4BR/2BA homes in Los Altos still list for 1.6M or 1.7M. Heck even run of the mill homes in Mountain View list for 1.1M-1,3M - way higher than at the peak of the dotcom bubble and higher than 2006 !
Where the money comes from, given that IPOs have all but dried up, I don't know. I am told that it is mostly the dual income Asian couples that are driving silicon valley RE nowadays. Still a 1.6 or 1.7M home would require a 400K-500K down and a 300K+/year income stream.
Boggles the mind.
Nothing has changed in the valley (yet), people still have their heads buried in sand. Almost like there is a robust recession denial around here (Phil Gramm style).
nova wrote:
It's been over 20 years since I've been there. Don't forget Gatlinburg.
Fla has enough Kitch. I don't need to drive somewhere to see it.
RonJon's anybody?
sportsfan wrote:
Its funny how diversified Virginia is. I live near the beach which is predominate Military/red/Bush/Neo Con.I believe Nova experiences the same thing, except with crazier drivers. I loathe getting on I95...
edit: I-95 in Florida is 12 lanes wide in some places, 14 if you count
the off ramps and18 if you count the emergency lanes in the middle
and sides.
But the most dangerous part used to be up in Brevard, (formerly a mere 4 lanes
wide; lots more
people killed. They've widened parts of it and are widening more
so I don't know where that stands now.
lawyerliz wrote:
Surf Kitch, baay-be.
Skip DollyWorld and go to Cades Cove.
Denial?
That 23 acres, with farmhouse, outbuildings, and machineshop, 1 1/2 hours from DC was less than a crapbox townhouse in No. VA.
No. VA is not Virginia. It is a mutant eastern city with leavenings of the old VA still sprinkled in the midst. It went upscale in the 80's
Blackwaterwannabe wrote:
As soon as I wrote it, I felt that it didn't make sense in today's world. I just didn't know how to correct it.
You're right that Virginia is a whole lot different today than it was in years gone by.
I guess I should have said that West Virginia paid a heavy price for seceding from Virginia.
LL wrote:
Pretty fine dividing line, sometimes.
(Have you read "It's a Good Life" by Jerome Bixby. Now that gave me nightmares.)
nova wrote:
Amazing difference.
Do you know how much snow to expect at the possible new place?
I found the green shoots
Bald Eagle Breeding Pairs 1963 to 2000
Hinterland Who's Who - Bald Eagle
Bald Eagle populations have recovered across America from a three pronged approach of
Hunting bans, importing Bald Eagles from Alaska and BC, and DDT bans
too bad a tornado destroying a million homes would be better for politicians, gdp, and the media
lawyerliz wrote:
Mid 2007 into the warm embrace of Citigroup's tentacles.
"a vampire sucking the lifeblood of guilty and innocent alike." and 3 1/2 years before the Rolling Stones article.
View from Raven's Rock overlook, Cooper's Rock State Forest, WV on Flickr - Photo Sharing!
WV
Mike in Long Island wrote:
Back end of Cades Cove is the trailhead to Abrahm's Creek - not the best trout stream ever but one of the most scenic when the laurel & rhododendron are in bloom.
nova wrote:
Occupied Northern Virginia
Los Altos, Palo Alto, etc.
Stanford U fronts 1/2 the money for a new house for a professor or a senior staff member, and takes a 1/2 interest in the house.
That keeps prices high. As all who know the area recognize, big bucks at The Farm and very limited faculty and staff housing. So, the pressure is all around the surrounding area.
when they picked DC as capital, they did it for a combination of safety from European attackers and a relative centrality to the current US population, being all things to all people (I think?)
if a new Capital were picked today, where would it lie according to the same criteria
I smell a shovel ready stimulus project combined with DoD spending and Burma-like economic management
But personally, I can't wait to see them lose their asses. Many who aren't affiliated with Stanford are in on option arms. The greedy pigs deserve to be slaughered, and to hell with 'em to boot. Anyone who raises their hand and says they hold an option arm is a gambler. You lost. You economically wither and die. That's how it goes. Too bad. Now, get off the economic stage and take cyanide or somesuch as you lost. If you would have won, you would have flipped everyone else the FUBIRD. So, turnaround is fair play.
dryfly wrote:
As they say down south - I got kin in that area. Dandridge to be specific. I haven't been down in a long time - I wonder if Doc Tinsley Bible's pharmacy still has a wooden sidewalk out front.
EDIT: Well google is powerful - no more wooden sidewalk but the fountain sodas are still there!! Company Profile
By the way,
back over $1100
EvilHenryPaulson wrote:
given current administration, Chicago of course
if Canada's capital were re-selected today based on the original criteria, it would probably be in Winnipeg or Churchill Manitoba fwiw
EvilHenryPaulson wrote:
And an outcome like Brasilia?
Was in a Borders today and looking through the science fiction/fantasy section ran across "Mall of Cthulhu"...didn't get it but liked the title
EvilHenryPaulson wrote:
85 Broad St NY NY
sm_landlord wrote:
don't you mean Fordlândia?
dryfly wrote:
Floor 30
EvilHenryPaulson wrote:
At least that had an economy.
Anyway,
EvilHenryPaulson wrote:
Lynchburg, TN (pop. 361) . . . right next to the Jack Daniel's Distillery.
But that's according to my criteria.
EHP: you're in Canada. They picked the location of DC as a compromise: the Yankees and Quakers got the new Federal government to pay off their Revolutionary War debt; the Southerners got the national capital with the hope for participation in the resulting real estate speculation.
Nova, again, congratulations.
albrt, great job.
Everyone, have a good evening.
Nova, congrats on the new spread. I hope it's everything you could want forever -- and I hope it's not necessary.
I see I'm too late to congratulate nova tonight.
Places like that involve a fair amount of planning and work - and it's ongoing, never exactly "done". Kept my parents interested and busy and remarkably healthy in retirement over near Staunton some years ago. May his provide the same benefits for nova and family!
It's like a daily-double, when smug-like denizens of Bay Area-adjacent default on highfalutin homes, a schadenfreude win-win
Tim, it happens. Sorry ... I try to give credit!
best to all.
CR
No Problem
Hey anyone been following Ida?
AccuWeather.com - Weather News Headlines - Weather News
SNAFU wrote:
I grew up in those parts at one time. It was one of the up-and-coming economic areas of the U.S., along with the Tri-Cities area of Northeastern TN (JC, Kingsport, Bristol) because of the blend of agriculture, mining, industry and services. But over the last 20 years, it has become the land that time forgot as industry and jobs moved away. It's not as depressed economically as Michigan, Northern Ohio and Northern Indiana. But it has equally bleak future.
Just got on and read through Nova's remarks. He mentioned apples and I immediately thought of the northern Shenandoah Valley. Used to take the kids - then toddlers - out to Front Royal area to pick apples each Fall.
But the separate house for the daughter sounds kinda Amish.
Wife has family through the Valley and Central VA and both of us went to college down there, but never considered that area to be even close to industrialized in the first place. We'll be down there for T-giving and looking forward to the rural aspect. Hell, it's even more rural than where we live.
I have a book on some of the best mountain biking journeys around the world.
Shenandoah is one of them and it looks pretty amazing.
tim
oh yes been following ida,almost every move she makes.also found this.
2theadvocate.com | News | Mississippi River watched — Baton Rouge, LA
Good for you, Nova. The Shenandoah Valley was one of the breadbaskets of the South (besides Georgia), and beautiful all the way from it to the Smokeys in Tennessee.
My wife and I bought a cabin around 7500 feet in Colorado beyond Canyon City two years ago. Never regretted it, although it's a 16 hour drive from Houston. My grandfather built a cabin on the Western Slope when I was 6 (below Aspen and Carbondale) and the Wilderness area a 4 hour hike from his cabin is still imprinted in my mind. We're looking at a fruit-growing property further out by Grand Junction eventually (my oldest is finishing a wine-making degree at UC-Davis).
RobJ
nova - if you check back here, congrats! Is it WV? Not sure. But just in case, this is for you:
YouTube - Country Roads - John Denver
Put some guineas in that chicken coop.
There's nothing wrong with rural in a country that can sustain rural living. The place on the map where VA, TN and KY meet has always been one of America's great sustainable rural areas, until the last couple of decades. These people could live off the land because it had such abundance of coal, chemicals, forests, wood products, agriculture, and American craftsmanship. You could get the best hand-made and American furniture from these parts. My father made a living in these parts working in factories where they made RCA TV cabinets out of Appalachian hardwoods.
But how do people in these parts sustain themselves now?
What good is it to live off the land and American craftsmanship now, unless some tourist drives by to buy a few trinkets?
"Eastman Chemical Company today announced it is taking additional actions to further reduce costs by more than $100 million in response to the ongoing global economic recession. These actions, in addition to those announced in December, increase Eastman’s expected total cost savings in 2009 to more than $200 million. Eastman is taking the following actions to achieve these savings: Eastman Chemical Company today announced it is taking additional actions to further reduce costs by more than $100 million in response to the ongoing global economic recession. These actions, in addition to those announced in December, increase Eastman’s expected total cost savings in 2009 to more than $200 million. Eastman is taking the following actions to achieve these savings:
rich wrote:
Sounds like they are going the tried-n-true route of backing their way into a profit. I guess they think they'll be able to do it unlike so many others before them.
I thought that part of US was one of the prettiest that I have ever come across. So many good schools in that area, its a question of time before the tide will turn.
floor 30...incorrect
Seems people have some fairly odd ideas about what constitutes country life in the present century.
homedad43 wrote:
Hey, there's no reason to get nasty.
homedad43 wrote:
Hey, there's no reason to get nasty.
homedad43 wrote:
Hey, there's no reason to get nasty.
I agree. Sooner or later, the tide will turn. The people who can't make a living there will move out and give Roanoke, Bristol, Kingsport, Johnson City, etc., an area that once had almost a million prosperous Americans, back to the animals and farmers.
So the Jeffersons are eating Doom Loops for breakfast?
Bubblisimo Gerkinov wrote:
They're DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMED!
They are going the tried and true way of moving their operations offshore, where they perceive profits to be.
People think the offshoring of U.S. manufacturing is "so over."
Why? It's a train that won't stop.
*nova (homepage, profile) wrote on Sun, 11/8/2009 - 10:19 pm
mp,
Near Front Royal.
*
You can say hello to my mother-in-law nova - congrats none-the-less
G20 meeting invites fresh pressure on dollar
G20 meeting invites fresh pressure on dollar | Gold Anti-Trust Action Committee
rich wrote:
It will, but you are right that it won't at this moment. It takes a lot of energy (be it hydrocarbons, political will, military security, etc) to make off-shoring work, and what is old will be new again.
RockyR wrote:
EZE Bloodless Castrator ~ Castrators ~ Castration
And I'm not so sure about the "minimum stress and discomfort to the animal". Looking at the description of how it works, I wouldn't want anyone doing that to me.
(Does kcoop have a 'legs crossed' icon?
)
rich wrote:
I'm not sure you're talking about the same area as Dryfly and Nova. There's no mining in the Shenandoah Valley (Lexington to Front Royal); coal country starts south of Roanoke. The Valley has been growing incredibly fast for years now. Agriculture continues to be important, plus a rapidly growing university (JMU) and lots of small manufacturing companies. Over the years, people have rejected several big plants (defense, autos, maybe others). There's Walker in Harrisonburg and the poultry industry, but it's not full of big plants like the Rust Belt is/was. So, there's no industry to move away like happened in the Rust Belt.
More recently, it's starting to turn into Northern Virginia. Several big data centers are under construction, federal agencies are expanding into Front Royal, the Nova yuppies are cashing out and moving down to build McMansions, a big contract research company just built a research center, there're been some tech startups (notably Rosetta Stone). What's driving it is the feds trying to get out of the blast zone of DC and the expansion of JMU.
There are definitely some issues in the Valley, like what happens when the feds run out of money and JMU quits expanding, but they're different than those the the Rust Belt areas you named are dealing with or Kingsport/Bristo/Johnson City.
Gold: At 1105. IMO, this is the exhaustion gap day. IMO, game will end soon and I am planning at day end to short gold, a small amount, as I see the gap and still expect the drop to 1045 area.
Sri Lanka's gold buy estimated at 5.3 tonnes
Sri Lanka's gold buy estimated at 5.3 tonnes | Gold Anti-Trust Action Committee
AFP: Sri Lanka buying gold 'to diversify reserves'
Pandemic Flu:
Watch what's happening in Ukraine. Slovakia just shut its land border for 2 weeks. 1 million have H1H1.
Niman says D225??? is similar to some strains of 1918.
There's a change occurring. It's causing cytokine storms. The dike is being breached, imo. The sequences continue to fail to be released timely. This bears very close scrutiny as this strain of H1N1 won't stay inside the Ukraine borders. The virus is now more severe, but the mortality rate is very, very, very low. Again, watch with a close eye. When it blows up in a western country near you, you know it's time to duck and cover.
Best of luck if you are nimble enough to make money on a drop to 1045. I wouldn't like the risk/reward of shorting gold here unless I thought it was going to 600 before the end of the year. But what you're doing sounds more like a hedge than a major trade. I hope your gold posts haven't led anybody to dump a position they won't easily be able to get back into on strength.
As I do biz in Eastern TN, I know that Greene County is highly depressed, with unemployment officially running I was told 2 weeks ago at about 22%. So, whatever you guy's iz talkin' about ain't reaching that County.
albrt wrote:
We really do need an :eyes roll: emoticon.
albrt, my major position is unmovable. I've predicted $6000 gold over 2 years ago. Same with silver.
At the same time, I want speculative profit when the opportunity is present, and I understand it. Entry in the last "trading gold" position was long at 990-95, and out at 1085-90. Since then, the last few days, as a trade, not a position hold, I'm waiting for a way to get into this game. The breakaway gap is now experiencing another opening gap, about $7 from Friday's high. If it will sustain all day, I read that as an exhaustion gap. I plan to short it at the end of the day, tomorrow, if the gap remains. There are piles of newbies who entered this market. They must be crushed, like fall grapes. I don't trade in any risk space I don't understand. The profit belongs to everyone else but me.
As to what you just said, those who chase trades get their heads handed to them. If this is the exception, golly gee, that's their good fortune. I don't trade on good fortune. I trade only on what I believe are very, very high probabilities, and I really don't like to trade in and out. I want to buy in, long or short, and wait for my target range. Then I get anxious and leave.
nova wrote:
I made my first trip out there last weekend. Neat place - kind of a mix between Nova and West Virginia. The "main street" area was surprisingly urban in feel considering how far out we were. I wish Fairfax County had more downtowns like that. RTC/Tysons lack that kind of character, as do most of the suburban town centers.