Moody's: CRE Prices Off 43% from Peak

in

Well if that's not a bottom, I don't know what is.

we're definitely missing the other ear of the pig in this graph. we got LOTS more to go before the next leg down!

The after Christmas sale will be intense.

Soon, 3 chaps in SF will be able to pull together 2 Krugerrands for a small strip mall.

Many are holding on for the Christmas miracle - which will not come.

Is that less worse than expected?

That trajectory isn't encouraging, especially when you consider the number of vacancies. I think we'll need to start demolishing stuff for it to fall in line with demand before another decade passes.

Moody's: CRE Prices Off 43% from Peak

JP: CRE Prices Retain 57% Of Their Peak Value!

What's 43% off AAA on CMBSs? Is that like like JJJ? Tsunami of downgrades is... where?

C

On the Verge of Self Mutilation wrote:

Many are holding on for the Christmas miracle - which will not come.

That's my sense for my local community (on both points.)

Buy one. Get the second one Free!

That looks like roughly 2002, wow. RRE was one ear of the pig, CRE is the other ear of the pig. Snout, tail and lipstick yet to be determined.

only 37 votes in the poll so far?
slow.

CR,

If you are still here and taking requests. Would it be possible to overlay a chart of IYR on top of the chart posted? I'm just curious to see how rational markets work.

The stock 'market' update...
Risk trade is looking a little weak...health care is among the best performers...dollar has been stronger...fairly rough week...the CRE bleeding price declines will a brown shoot...

CNBC spin -
We can blame the Dollar for the losses...WTF...

With the big red font on the front page at Huffington Post:
'Zombie Buildings': Are They The Next Economic Calamity? (VIDEO)

Counterpointer wrote:

What's 43% off AAA on CMBSs? Is that like like JJJ? Tsunami of downgrades is... where?

Ha! Great questions.

Both graphs, residential and commercial, show likely inflection points in the 2nd quarter, matching the "green shoots" meme.

Buy now before those three duplex buyers in SF beat you out.

merchants of fear wrote:

the CRE bleeding price declines will be a Vampire Squid from Hell salivation for leveraged buyouts of massive proportions backed by the full faith and trust of Timmy.

Does CRE vacancy, repurposing, and construction UE, ever weigh down RE?

funny ot-

Just looked at a guy with 440 fica, accountant..65K behind in first, 13K on second and another 45K on 2nd home, charge off on 13K to bmw financial....cc cards tapped at 68K.....

looking at 06 Lexus RX...he has 3K down....

people sure are funny...... Ticking time bomb

CRE peaked 20 months after RRE. If CRE troughs 20 months after RRE we can expect a reading of 0.6 in Q2 2011.

PK "... it seemed only fair for [the financial companies] to bear part of the cost of the bailout..."

There is no way in Hell the financial compainies shouldn't have borne ALL the risk. Period. My Head Just Exploded

From the last thread but I'm not letting it ever die. Ever.

You're missing something important: real estate lasts decades. So you built a building 20 years ago for a million. It was worth 5 million in 2007 but now is only worth 2.8 million. It is still worth 1.8 million more that when you bought it.

Just move the metal...

Zombie buildings + food shortages + hydroponic technology =

The idea is to grow food inside buildings — not conventional greenhouses, but multi-storey buildings, quite likely in cities — in closed ecosystems using hydroponics rather than soil, and without the use of pesticides.

CBC News - Technology & Science - Growing crops in buildings proposed as solution to world's food woes

I hope Goldman allows this to happen.

Counterpointer wrote:

What's 43% off AAA on CMBSs? Is that like like JJJ? Tsunami of downgrades is... where?

With the banking regulators' recent "extend and pretend" guidance on CRE workouts, these loans don't even have to be reflected as impaired. My Head Just Exploded

creditcriminalslovetarp wrote:

cc cards tapped at 68K.....

WTF? Perhaps he should give up the CPA and go into financial planning...

No damn you! It was all contained. This is the fault of the hedgies!

PastTense wrote:

You're missing something important: real estate lasts decades. So you built a building 20 years ago for a million. It was worth 5 million in 2007 but now is only worth 2.8 million. It is still worth 1.8 million more that when you bought it.

No property manager would have been allowed to leave that much dead equity sit idle without being leveraged up. No one left c 1989 revenue property untouched through the bubble.

The real story of the day? The hoax that is anthro global warming is coming unraveled. With any luck, this will get some legs and Al Gore will never be heard from again.

Zombie buildings + food shortages + hydroponic technology =

Really the cost/sq foot is STILL so high that there aren't many crops that make sense. And I don't think that any of them are legal.

HomeGnome wrote:

Just move the metal...

Metal sure is moving...

24-hour Spot Chart - Gold 

deanfv wrote:

The real story of the day? The hoax that is anthro global warming is coming unraveled. With any luck, this will get some legs and Al Gore will never be heard from again.

That would be interesting. Link?

or apply at the treasury...I couldnt come up with a DTI because it hurt my head but he sure looks DOI.....dead on impact....

Unless renters with businesses are leaving and the valuation continues to decline, eh? The same paradigm for RRE holds true for CRE only the dollar amounts are vastly greater and requires more expensive upkeep, planning, personnel to keep them attractive. If you bought it 20 years ago, ok fine, but how many of those buildings have changed hands, have made improvements since then, have been built since 2002 because those are the levels we're talking about now.

Blackhalo wrote:

creditcriminalslovetarp wrote:
cc cards tapped at 68K.....
WTF? Perhaps he should give up the CPA and go into financial planning...

No more like he should specialize in debt cultivation. He has a bright future in the public sector if you ask me.

a 440?
I thought I'd seen some low scores before...

OT, United has begun hard selling their credit card onboard their flights. If you're familiar with the Duty Free push, get ready for the same thing on domestic flights with credit cards. It was nauseating and I felt sorry for the attendants.

Speaking of grotesque behaviors, Cardiff is a pretty hardscrabble town, nice shopping arcades notwithstanding. There's not a lot to do, so Lads and Ladettes compensate for that by inventing their own pastimes. So much underutilized labor in this world...

Rob Dawg wrote:

No property manager would have been allowed to leave that much dead equity sit idle without being leveraged up. No one left c 1989 revenue property untouched through the bubble.

Hey Dawg, even electrons have value. And you're wasting those there.

Counterpointer wrote:

What's 43% off AAA on CMBSs? Is that like like JJJ? Tsunami of downgrades is... where?

It all has to do with payment priority. You could have some CMBS with huge writedowns or cashflow problems and still have the first tranche get paid.

the final bone is he's the manager of the accounting agency......I might take my taxes there next year....

Mike, The graphs would be somewhat inverted ... I guess investors are thinking most of the price declines are behind us.

Commercial Real Estate Reality Check: 2007 Commercial Real Estate Valued at $6.5 Trillion with $3.5 trillion loans. Today, Commercial Real Estate Valued at $3.5 Trillion with $3.5 Trillion in Loans. Can you spot the Problem?

The Fed is vigorously fighting any audit because we are going to see empty strip malls and failed condo projects on their books. Lender of last resort was probably not designed to bailout late night infomercial tanned gurus that bombed out on their dream of everyone owning a Florida condo. Is this really what our central bank has become?

"Zombie buildings + food shortages + hydroponic technology =..."

zombie buildings + aging demographics = opportunity

MLM wrote:

No damn you! It was all contained. This is the fault of the hedgies!

Fund management: Payback time | The Economist

zephyrum wrote:

deanfv wrote:
The real story of the day? The hoax that is anthro global warming is coming unraveled. With any luck, this will get some legs and Al Gore will never be heard from again.
That would be interesting. Link?

Page not found « Watts Up With That?

The key phrase you'll hear over the next few days is "hide the decline."

Absolutely devastating to the AGW crowd.

creditcriminalslovetarp wrote:

the final bone is he's the manager of the accounting agency....

Who could make this s$hit up???

No freaking way ndk. I thought it was bad enough in women's room when I started to see advertising after I closed the door, sat down and saw ads on the door. Oh well, sometimes reading helps there. Wink

All of this CRE Dooooooooooooooom!!! is bullish for small regional banks, right?

CalculatedRisk wrote:

I guess investors are thinking most of the price declines are behind us.

The 2nd quarter inflection points are the most likely reason.
And they'll probably be right if there's no double-dip.

As it stands - yes.

But soon the gov will own a shedload of these zombies. And nobody will be buying.

Add the geopolitics of oil into the mix and you've got a possibility of cheap leasing or public works projects feeding cities, enriching monsanto, and collapsing the rural voters - something the current regime would love.

California will also legalize marijuana soon. "Probably never" has quickly become "likely soon".

LA would smell lovely for a change.

CR - thanks - I didn't really expect you to. I was being somewhat snarkish.

SIMON PPTY GRP INC Share Price Chart | SPG - Yahoo! Finance

HomeG- see lots of 400's now days..and 300 is showing on radar more often....

but think of it this way..baseball players make 2 million hitting .286....so thier's a future for all credit criminals....

Come to think of it; Mrs. Gnome and I got this advert during our flight back from Italy in Sept.

zephyrum wrote:

That would be interesting. Link?

Here you go.
[ Stagnating Temperatures 

broward wrote:

CalculatedRisk wrote:
I guess investors are thinking most of the price declines are behind us.
The 2nd quarter inflection points is the most likely reason.
And they'll probably be right if there's no double-dip.

"If" there's no double-dip? Hate ta tell ya but of slim and none, "slim" just left town.

ndk wrote:

It was nauseating and I felt sorry for the attendants.

Would you like fries, er, credit with that?

Apparently someone hacked into Hadley Climate Research Unit and posted a 60++ megabytes of internal emails/data showing massaging/doctoring of climate data as well as deletion of email trails after the fact.

TickerForum Error - Unauthorized Request

broward wrote:

The 2nd quarter inflection points are the most likely reason.
And they'll probably be right if the star ship Enterprise beams some gold pressed latinum into Ft. Knox

There, fixed it for ya Wink

I love it when you ask how their credit is.
"Fine" is the usual answer.

Pull that credit and
charge off
charge off
charge off
charge off
Rolling 90's
Rolling 60's
Rolling 30's.

I did have a guy honestly answer once though.
"My credit? It sucks"

creditcriminalslovetarp wrote:

HomeG- see lots of 400's now days..and 300 is showing on radar more often....
but think of it this way..baseball players make 2 million hitting .286....so thier's a future for all credit criminals....

Not being entirely familar with credit scores can you say where they start? Is is like the SAT where you get 200 pts for signing your name? Or do they start at zero?

The highest is 800 or ??

mlm, one more bone for ya....
he wants 72 mos loan.....and looking for pymnts around 450.. My Head Just Exploded .stable job history of 9 years though....

Doesn't a 'dip' require an up side on the far end?

If so, this won't be a double dip. This will be a dip-n-slide, or a dip-n-slip, or a dip-dip-dip-n-dive.

The 'up side' will be stability at a Mexican standard of living.

Viva America!

Mike in Long Island wrote:

Not being entirely familar with credit scores can you say where they start? Is is like the SAT where you get 200 pts for signing your name? Or do they start at zero?
The highest is 800 or ??

Scores range from Not Scored to 806+. Have seen several 815+ scores.

I see this as Japan, but faster. CRE is just one more shoe dropping. We start with the government and the consumer both in debt in 2007, and now the consumer is about in the same part of the bog, and the government is in debt overdrive. Now matter how Keynes wrote, he didn't mean for us to continue deficit spending during boom times as we've done, and now it is not just mortgages that are underwater, it is both the private and public sector here in the US, and possibly globally. It is always worth the time to just sit a few minutes and try to see where the road ends...and it ends badly.

Bruce in Tennessee

Rob Dawg wrote:

"If" there's no double-dip? Hate ta tell ya but of slim and none, "slim" just left town.

I agree it's the likely bet but I'm thinking about that job creation graph from a couple of days ago.
The downside forces are more extreme but it looks like the Feds have balanced it out enough that job creation is roughly equivalent as prior recessions.
And I gotta tell you, today there's 500 listings on Dice.com for "java architect", that's double what I was seeing a few months ago.
There's a lot of duplicates but the total listing number is up to 55K now, too, a 5% increase from last month.

A FICO score is between 300 and 850.

I love it when you ask how their credit is.
"Fine" is the usual answer.

Pull that credit and
charge off
charge off
charge off
charge off
Rolling 90's
Rolling 60's
Rolling 30's.

I did have a guy honestly answer once though.
"My credit? It sucks"

HG I think that was ME!!!!!! Except my CS read more like

charge off
charge off
charge off
charge off
charge off
charge off>
charge off
charge off>
charge off
charge off>
charge off
charge off>
charge off
charge off
Foreclosure
Foreclosure
Foreclosure
Foreclosure
Foreclosure
Foreclosure
Civil

Hey just call me Casey Big smile .

HomeGnome wrote:

Mrs. Gnome and I got this advert during our flight back from Italy in Sept.

This was on UA908 DEN -> ORD, followed by two dead airplanes and a free ticket voucher. Go USA! Party Makes me want to fly Air China or ANA again. Puzzled

Thank you.

Thanks to you as well - off to find todays poll.

Pigged

tg wrote:

Standard & Poors New Policy: Concealing the S&P 500 P/E Ratio from the General Public

Thanks for the link. I found out first hand when I went to their site a few days ago. Crooks

...

Try this as an alternate source.

and looking for pymnts around 450

Well, there's your problem right there.

[threetorches closes hood, wipes hands on towel]

Maybe what you really want is a quality used car, like, say, a 1993 Civic, or a '95 Taurus.
Maybe use that $3k you have saved for a down payment, and a couple of your proposed monthly payments, on AN ENTIRE CAR.

Knucklehead.

actually 850+ to 0, 854 was highest in Oct...low was 350 that ran past me....

And...

three months ago everybody wanted me to take a 15-20% paycut.
That's definitely gone.
Everything I've been submitted for this month is at least what I was making in 2008.

Here is a quick view of an existing credit report table

Score % of Pop BK Rate %
806-high 8.81 0.01
790-805 8.59 0.04
773-789 9.05 0.08
752-772 9.25 0.20
725-751 9.54 0.50
694-724 9.43 1.04
657-693 9.98 1.84
607-656 11.12 3.10
539-606 11.16 4.68
Low-538 11.21 8.75
Not Scored 1.82 1.78

ndk wrote:

This was on UA908 DEN -> ORD, followed by two dead airplanes and a free ticket voucher. Go USA! Makes me want to fly Air China or ANA again.

On the plus side, English Hooligans are great people to be stuck on dead airplanes with. After I'd pointed out it's easier to get home from Africa, on attempt #3, they were worried we were just going to go for another loop. I confided my fear that they were would never go to England because they were secretly taking us all to the vet. Squirrel! Wheres MY pony? Nemo's Monkey

Computers at the Hadley Climate Research Center was hacked into. There's enough evidence in there of outrageously fraudulent conduct. If true, this is a massive and outrageous fraud, and once the documents are confirmed as authentic it will be game over for global warming hoax. Goodbye you blowhard Algore. There are a bunch of places on the net discussing it...
Here's one at WSJ blogs with all the relevant links: Hacked: Sensitive Documents Lifted from Hadley Climate Center - Environmental Capital - WSJ

And some people think 8 inches is 'big'.

LOL.

It's all about perspective.

On the Verge of Self Mutilation wrote:

Soon, 3 chaps in SF will be able to pull together 2 Krugerrands for a small strip mall.

High fives all around. Currently Smoking Cannibis

Students taught how to grow marijuana in Detroit's new cannabis college : Detroit looking to take a lead in the new economy ( Medical marijuana gets a boost from major doctors group -- latimes.com )

Al Jazeera English - Asia-Pacific - China's Three Gorges dam in trouble : China is having to pay off more people displaced by the 3 gorges than expected because the triads who are "patriotic elements" are no longer as effective when the job market stinks

Reuters.com : SEC approves change in reporting of oil reserves to "mark to model" -- no joke

Nanno,

Left you a message on the last thread.

Make the Loan

You wanna know why?

Because he will reaffirm in BK and you get paid nice and regular.

Gotta have wheels in CA- this guy is going bk.

Someday this war's gonna end...

I once found that I didn't have a credit score, despite having had loans and open accounts. Since my open credit card hadn't been used in over six months, the credit scoring went poof. There was just this little code at the bottom FUUCPSOB.

On the Verge of Self Mutilation wrote:

It's all about perspective.

That's true.
It's still not enough money to live on the East coast in a crowded expensive city.

Significant development?:

" November 20, 2009

Germany and Russia reiterated Nov. 20 the desire to foster a strategic partnership between the countries, DPA reported. German Foreign Minister Guido Westerwelle made the remarks during Westerwelle’s visit to Moscow. Westerwelle met with Russian President Dmitri Medvedev and Prime Minister Vladimir Putin. Westerwelle said Germany wants more than just a good trade and economic partner. The officials also discussed Iran’s nuclear program, and Westerwelle met with Russian human rights officials and praised their great achievements."

Must have been a bit more complicated than that. I was looking at getting a loan a while ago, and only one of the three agencies came back with that. I haven't had a credit card in more than a decade.

BremNorthwest (profile) wrote on Fri, 11/20/2009 - 1:33 pm
Here is a quick view of an existing credit report table

Score % of Pop BK Rate % ...

Now that is truly useful. Many thanks for posting this. (edit: can you tell us the source?)

Do you want to smell the despair? The need? See the future?

You can even hire Blog Content Writers...

blog writer Professionals - Search Results - oDesk

PastTense wrote:

You're missing something important: real estate lasts decades. So you built a building 20 years ago for a million. It was worth 5 million in 2007 but now is only worth 2.8 million. It is still worth 1.8 million more that when you bought it.

Yep ... most buildings have had a single owner in the last 2 decades .... Hopium

My advice to CR: Copy-and-paste the explanatory piece of your post that reads:

CRE prices only go back to December 2000.

... because in another couple of months, you'll be able to use it as the title.

Reduce, reuse, recycle! Wink

poic,
thanks, but if I am to be right the big swing will be in inventory by the time the final report comes out, still they are on track to revise to 2.61% ±0.3% if the article is to be believed that the advance number will be revised to 2.9% down from 3.5% -- what's another 10% revision when you start with a 17% revision after all

Risk aversion sends stocks lower for 3rd day - Yahoo! Finance

Dow + 6.09

Someone's got to get to the help desk in India to get yahoo to update their news.

You can even hire Blog Content Writers...

LMAO! Because recent history has proven that no one will do that for free ...

NervousRex wrote:

Now that is truly useful. Many thanks for posting this. (edit: can you tell us the source?)

Sorry, don't want to loose my licensing with one of the big 3, so I can't fully disclose the source.

On the Verge of Self Mutilation wrote:

I hope Goldman allows this to happen.

Won't work - not economically anyway. Not enough direct [down vector] sunlight to grow much. Most of the inside of a building has less direct sunlight than the bottom of a forest floor. Might as well try to grow stuff in a cave. The only thing you could grow inside would be pot - assuming it stays illegal & expensive. That pays well enough to pay for the energy to provide the artificial light required.

Or like in a cave - grow mushrooms.

For commercial farming you need a lot of light - direct light & high intensity. Won't get that through vertical window walls... some indirect light but nowhere near enough.

Someone's got to get to the help desk in India to get yahoo to update their news.

See my post about blog writers...

Look at what the rates are for other jobs...Damn......

Just in!!

Want lower credit card interest? Keep spending, Citi says

Want lower credit card interest? Keep spending, Citi says - USATODAY.com

pavel.chichikov
Germany and Russia have many friendships. I take it you are unaware of the Nordstream pipeline from Russia to Germany via Sweden in the Baltic sea?

ohh yes he is....easy to see...thats why underwriting needs to be humanized not computurized....

Someone's got to get yahoo to get their staff in India to update their news.

Fixed it for ya.

Seriously, though: do people on this board honestly still use Yahoo? For anything? And why?

"Do you want to smell the despair? *

Glanced at the front page of today's Washington Post. The lead story is about members of Congress of both parties venting rage at the Administration, because they're receiving stories of severe economic pain from their constituents. Also, calls for the Secretary of the Treasury's resignation.

It probably doesn't matter now who is or was responsible for this anguish. Those in office will take the punishment.

Are you sure that report is not written by Onion? Puzzled

I take it you are unaware of the Nordstream pipeline from Russia to Germany via Sweden in the Baltic sea?

I am aware of it, EHP.

OT: Are people following the hacked materials on global warming? I'm very curious -- some of the stuff looks pretty damning. I have no opinion one way or the other, as I haven't done enough first hand research on the topic for myself. I have, however, read State of Fear by Michael Crichton and came away with lots of questions and not many answers.

Where do people here stand on the topic? Is global warming real, or conspiracy?

BremNorthwest wrote:

Score % of Pop BK Rate %
806-high 8.81 0.01
790-805 8.59 0.04
773-789 9.05 0.08
752-772 9.25 0.20
725-751 9.54 0.50
694-724 9.43 1.04
657-693 9.98 1.84
607-656 11.12 3.10
539-606 11.16 4.68
Low-538 11.21 8.75
Not Scored 1.82 1.78

Thank you. Very interesting.

dryfly:

Indoor gardeners have been using high-powered lights for ages. High Pressure Sodium and Metal Hallide bulbs mostly.

Light wouldn't be an issue at all. In fact, you can control the amount and duration totally so harvests are better.

Now electrical bills....that would be an issue. But light? Nah...

In glod we trust $1150 even with the dollar up!

punchy wrote:

Good job by PPT.

I have not seen that in a while.

In glod we trust $1150 even with the dollar up!

I love Tungsten......oh wait.

"Those in office will take the punishment. "

If by take the punishment you mean lose their seat in Congress and get hired by a PR firm or former drug firm/financial firm/energy firm (....) that lobbied them on a regular basis then I agree.

Are you sure that report is not written by Onion?

Sadly, no, but come to think of it, that would make a fantastic Onion "editorial":

I'm Mad As Hell Citi Isn't Charging Me The 29.99% They Promised Me!

I may just have to write that.

Blackhalo wrote:

I have not seen that in a while.

Which one? PPT not doing a good job or that statement?

Big numbers today folks....big numbers.

November 20 , 2009 LAYOFFS

College of William and Mary - 12

Massabesic school district - Regional School Unit 57 - Layoffs Approved

Qwest Communication Confirms Layoffs in Business Markets Group

Portage County - Layoffs / Furloughs?

Bath Iron Works - 23 Temp Layoffs

Boeing Expects Continue Decline in Jobs

Landscape & Golf Services - 253

JCB ( International ) - up to 196

LM Glasfibre ( International ) - 900

Nokia ( International ) - 330

Christian Care in Rock Island - 8

Northeast Health System - 24

Detroit Mayor Bing - 460 Layoffs Since May

Nielsen Co. - 57 More

Fountain Hill - 7

Hawaii Sees 2009's Biggest Layoff Thursday - 452

Farley's and Sathers Candy - 175

Wake County Schools - Job Cuts Next Years?

BART - 70 to 80 But Perhaps without Layoffs

Daily Job Cuts - Layoff News , Job Layoffs 2009 , Bankruptcy, Store closings and other Business Economy News

poic wrote:

Someone's got to get to the help desk in India to get yahoo to update their news.

The Indian help desk was laid off. They gave the contract to Somali Pirates, but it seems that the update managers were captured by the North Korean Navy while attempting to take over a weapons shipment disguised as tractor parts.

PPT. Not since QE became fact. Who needs a team, when one man can do the job.

DARPA is funding a project where algae is grown for bio-diesel, the innovative bit is that light is fed from rooftop solar collectors using fiber optic strands directly to modular algae panels Algae Biofuels - USU Energy Lab - biofuels.usu.edu
that's probably the frontier of what might one day be economical for indoor/underground growing

" November 20, 2009

Work on the launch of Iran’s Bushehr nuclear power plant is proceeding as scheduled and the Iranian and Russian experts are working together as a team to launch the plant “as soon as possible,” Russia’s state nuclear power equipment and service exporter Atomstroyexport said in a statement Nov. 20, RIA Novosti reported. Iran’s Atomic Energy Organization senior official Ahmad Fayazbakhsh and Atomstroyexport chief Dan Belenky met Nov. 20 for talks on the progress of the work at the plant."

The diplomats and FMs of both countries are so practiced in disinformation and deliberate confusion that perhaps not even Warren Buffet knows what their real intentions are.

On climate, the experts agree~
Consensus is two out of three,
Depending on who
Finances their view
On what the outcome should be.

Cap and Trade/Carbon Offsets is the about the only viable way that the US has to maintain it's long term presence in the global debt markets and keep the financial system based in the US/UK.

What better way to kill the above plan then kill global warming. It would be interesting to find out who actually hacked in and released this global warming data.

nanoo,
Above Vampire Squid from Hell quote not mine...

On the Verge of Self Mutilation wrote:

Indoor gardeners have been using high-powered lights for ages. High Pressure Sodium and Metal Hallide bulbs mostly.

Light wouldn't be an issue at all. In fact, you can control the amount and duration totally so harvests are better.

Now electrical bills....that would be an issue. But light? Nah...

You get it - light isn't the problem... but of course PAYING for the light is a biggie when the competition [outside] gets it for free. I was two steps ahead - thinking somebody would actually have to pay for the energy to produce the light... silly me - that was so 'old economy'. We'll just print to pay for it [or have the Chinese buy GLB's:grow-light bonds]... call it green economy stimulus. What could go wrong?

Wolfram Jack lurking in supposed good delivery bars?

I don't think the barbarous pyrite ETF types will ever know the specific gravity of the situation...

pavel.chichikov wrote:

Work on the launch of Iran’s Bushehr nuclear power plant

You just know that was an intentional name.

EvilHenryPaulson wrote:

Felix Salmon » Blog Archive » The SEC surrenders to the oil industry | Blogs | : SEC approves change in reporting of oil reserves to "mark to model" -- no joke

Aren't stated reserves more or less fiction anyways?

"Is global warming real, or conspiracy?"

Real. If there are any conspiracies, they would have to start from the reality of the phenomenon. Global oceanic warming is an infallible indication, a global thermometer. Also see the most recent article in Nature, which indicates that the oceans are not taking up additional carbon despite ever-increasing global levels.

The Global Warming debate harnessed legitimate environmental concern with a lucrative greedy power grab by Al Gore and the gang.

The facts, again, are being fixed to meet the policy.

When it is known, the hardcores will turn to the 'by any means necessary' defense to promote saving Gaia.

We need environmental responsibility. We don't need another sham to nuture a fantasy that we are making a difference.

Al Gore is a fraud. His movie was the most childish piece of propaganda ever. I knew debaters in High School that would have shredded him on the spot.

But it was good enough for the sheep. For now.

In my area CRE is where residential real estate was a couple of years ago: prices frozen in place, and nothing moving. That... probably won't go on forever.

Retail has a long way to fall, in my opinion, and it's not just about balance sheets. CRE will fall with it. I needed a low-end long lens for my digital SLR (one of the cheap ones); only all the camera stores in the county have closed. There's nothing left locally but the camera department of a Best Buy, where the sales price was near list, 25 percent higher than I could get it from a reputable retailer online (with free shipping and no sales tax). All rolled together, the price would have been near 33 percent higher if I bought locally.

Now, I will pay a premium for specialty goods from a store that I have developed a relationship with; the premium pays for the customer support you get from a good establishment with expert help. But -- a Best Buy? Fuggedaboutit.

The job of the future.

Our hero - A 29 year old grad MA, Ivy league

I pulled into the parking area and grabbed my bag. I was working for NetVict Temps.

I checked in, got my cube assignment, and found it. I sat down after inspecting everything, then santizing it. I waved my card to get the power and net connection up and made my connection. Today I was providing support for a Chinese company that was looking to establish a presence in America. Fortunately, this time I did not have to wear a voice modulator add in on my Skype headset. Some customers wanted a certain "tone" to be projected.

I was on the clock and it was time to roll. This was a good gig. The Chinese paid well. I might be able to get Mom some asprin today with my proceeds....

" Work on the launch of Iran’s Bushehr nuclear power plant

You just know that was an intentional name. "

What does ehr mean in Persian? If anything.

Well I recall the Bush legs of the late 80s, early 90s.

poic wrote:

It would be interesting to find out who actually hacked in and released this global warming data.

Global non-warming data.

It doesn't even matter anymore if the warmists are right. It's over. Science won and that means the warmists lost.

This post has been captured and archived by NSA.

A job offer in the current administration should be forthcoming.

EvilHenryPaulson wrote:

DARPA is funding a project where algae is grown for bio-diesel, the innovative bit is that light is fed from rooftop solar collectors using fiber optic strands directly to modular algae panels Algae Biofuels - USU Energy Lab - biofuels.usu.edu
that's probably the frontier of what might one day be economical for indoor/underground growing

Again - limited by [1] the area of collection and [2] the efficiency of conversion [light to electricity - transmission - electricity back into light]... compared with say... outside flat ground. I realize to city dwellers it appears there is a shortage of open space... however I suggest they drive across Nebraska [or for Canadians do the trek from The Peg to Calgary - same difference].

I don't see a lot in these proposals except to employ people producing proposals. Note a terrible thing - no worse than digging holes then filling them up again.

Rob Dawg wrote:

Global non-warming data.

How do you know it's not a spoof?

" November 20, 2009

The government of the Netherlands, merging ABN Amro Holding NV’s Dutch unit and Fortis Bank Nederland NV, plans to invest an additional 3 billion euro ($4.5 billion) of cash in the lenders, Finance Minister Wouter Bos said Nov. 20, Bloomberg reported. Bos added that loans of 1.4 billion euro ($2.1 billion) will be converted into equity. The Dutch government’s bailout costs, with this additional aid, have reached about 30 billion euro ($44.5 billion)."

Gavshire Hathaway wrote:

Where do people here stand on the topic? Is global warming real, or conspiracy?

Oups Got Popcorn?

Bubblisimo Gerkinov wrote:

Aren't stated reserves more or less fiction anyways?

it's much worse now, http://www.cwsx.org/21darts.pdf 
I would quote from it, but would probably just end up copying and pasting the whole document
it literally lets them pick any number they want according to unpublished and unaudited probabilistic models

I am still trying to get over the dozen end of the world gotchas in my life so far. Global warming Cap and Trade won't work with out China, India and others participating. Looks like another Wall Street money grab brought to you by lobbyist Al Gore. I am all for less pollution but not this crap.

Bob Dobbs wrote:

Now, I will pay a premium for specialty goods from a store that I have developed a relationship with; the premium pays for the customer support you get from a good establishment with expert help. But -- a Best Buy? Fuggedaboutit.

There are still a few specialty stores down here in LA. But I consider a relationship pretty one-sided when they demand that I pay list price. Unfortunately, most specialty goods shops took too hard a line on discounting, and paid the price.

Thanks ben, we'll go round and round, I replied. I don't get dizzy easily.

i thought the physics of global warming were irrefutable
it's where the climate is going to end up that is speculative
(as well as the ocean level)

Did you know that LA is on top of the third largest oil reserves in the country?

Secret Oil Rigs In Los Angeles Uncovered (VIDEO)

Now...about those mineral rights.

Broward,

Good to hear prospects are improving, but... sounds like some companies may be "buying at the top". Better grab something before the next leg down hits.

A couple hundred years ago, one could forecast the weather as far as one's eyes can see, and now we can see the whole picture, and yet there are those that would deny climate change is happening, and kick it around like a political football, eyes wide shut.

I think the only speciality stores left in No.Va where English is the native language and the products are geared to Anglos is the gunstores.

dryfly
just sharing, I did say it was the frontier
and while we're at it, please send some "free sunshine" to the wet coast, the evil cloud monsters are stealing our government quota so we could use some more to vaporize them a bit

EvilHenryPaulson wrote:

I would quote from it, but would probably just end up copying and pasting the whole document
it literally lets them pick any number they want according to unpublished and unaudited probabilistic models

Are we talking oil fields or level 3 financial assets?

some investor guy wrote:

Are we talking oil fields or level 3 financial assets?

Yes.

Where do people here stand on the topic? Is global warming real, or conspiracy?

Probably real but I doubt it means anything. Short-term measurements, little to no evidence that it is caused by man. A periodic, poorly understood phenomenon that politicians have exploited for their personal gain.

BremNorthwest: thank you for that. Not scored is not scored because they have no recent debt like mortgage, CC or car payments?

EvilHenryPaulson wrote:

it literally lets them pick any number they want according to unpublished and unaudited probabilistic models

So it's new and improved fiction with 100% more algorithms.

Denial won't make any difference. Only some radical and unexpected departure in natural processes will make a difference.

The real question concerns whether or not affirmation will make any difference.

However, it is notable that the pace of deterioration appears to be moderating."


Do these guys have absolute no concept or understanding. By my calculation prices down by 43% in 24 months is an average of 2.32% per month- seems to me that 3.9% is not lower than 2.32%

"Science won and that means the warmists lost. " - RD

yeah, right. You wish.

Climate Change: NASA's Eyes on the Earth

sm_landlord wrote:

There are still a few specialty stores down here in LA. But I consider a relationship pretty one-sided when they demand that I pay list price. Unfortunately, most specialty goods shops took too hard a line on discounting, and paid the price.

I agree; it would really depend on the type of item and the type of help offered/required. I would always think twice about paying list for a simple camera lens. People who know what they want will often do better online; good retail can snag customers by honestly serving those who don't know what they want, and keeping them afterwards with incentive and service and -- yes -- discounts or "good customer" discounts.

Nanoo-Nanoo wrote:

mNorthwest: thank you for that. Not scored is not scored because they have no recent debt like mortgage, CC or car payments?

Honestly, I don't know. But I would assume that would contain any one new to the credit market. If you have any record, you would have a score.

EvilHenryPaulson wrote:

just sharing, I did say it was the frontier
and while we're at it, please send some "free sunshine" to the wet coast, the evil cloud monsters are stealing our government quota so we could use some more to vaporize them a bit

Crying out loud - its gonna be mid50s here this weekend & very sunny today. Feels like September. In the 1970s I remember playing hockey outside w/ my buddies when home from college over Thanksgiving [US dates - late Nov]... this late Nov weekend we could go golfing. Unbelievable.

Lady on Bloomberg is talking to Pim Fox about how the Wall Street bankers and TARP firms, etc., are struggling to maintain their standard of living by receiving much less in bonus money. Her example would be someone who used to make 1.5 million a year who now makes 350k in bonus. I'm playing my violin for you guys....really! You drove the nation and world to the brink of total collapse with your BS bullsh*t CDS's, derivatives, etc., we bail your asses out and now I'm supposed to feel sorry for your 350k bonus!??

They can all kiss my ass!! Pitchforks and Torches

Anybody got a good link for gold bar adulteration? Just curious about how common this is in bars and coins. Not that I am buying right now. Just sitting back and watching the madness.

sm_landlord wrote:

some investor guy wrote:

Are we talking oil fields or level 3 financial assets?

Yes.

Mark-to-Model Level 3 Oil Reserves LOL... just what the world needs now... another hole in its head [somebody cue up some Cracker].

broward wrote:

Rob Dawg wrote:
Global non-warming data.
How do you know it's not a spoof?

MET confirmed the content yesterday.

TCA wrote:

Probably real but I doubt it means anything. Short-term measurements, little to no evidence that it is caused by man. A periodic, poorly understood phenomenon that politicians have exploited for their personal gain.

The best illustration of the myopia surrounding this issue. Seems to me to be a simple question- do you believe that there is no upper limit to amount of CO2 in the atmosphere? If you believe there is an upper limit and you believe that climate change is "probably real" and if you agree that the climate that we have had for the last 200 years has been the most favorable for humanity since we have been on this planet- then if seems to me that the logical conclusion is that even if we haven't caused the problem yet there is no reason to make whatever might be going on worse through our actions. It is sort of like saying that a tiger might bite me whether I poke him with a stick or not - so it doesn't matter if I poke him with a stick.

gavshire,
It's not called global warming any more...it's called 'climate change' which is more encompassing of weather conditions and trends...do you believe in smog, holes in the ozone layer, etc. then you must believe in climate change from fossil fuel burning pollution...it's the enviromnental effects of man made pollution...

MET confirmed the content yesterday.

Then the little Eskimo kids won't have to move to MN?

That topic will produce euphoria for Liz over that topic. lol.

So negative interest rates: Deflationary.
Gold at record highs: Inflationary.

Welcome to biflation. My Head Just Exploded

"A periodic, poorly understood phenomenon that politicians have exploited for their personal gain."

When biota move north it's almost immaterial whether or not it's completely understood. It's an empirical observation. When global oceanic temperature rises, that's an observation, not theoretical.

I've talked with some of the guys who work in this field as physicists and chemists. They're not stooges for politicians, but if you think they are you should confront them and prove it. Try the people at NOAA or NASA, but make sure you've got a doctorate in a hard climate science under your belt, like atmospheric physics or chemistry. Or tell an experienced field biologist that he or she is a political stooge - and prove it.

But another variable to climate change is the warming from the sun of all the planets in the solar system...there are many variables to consider in a scientific investigation of the effects of man-made pollution...

Remember when we thought or were told by some experts that hair spray (aerosals) were contributing to holes in the ozone layer...don't hear much about that any more...

merchants of fear wrote:

Remember when we thought or were told by some experts that hair spray (aerosals) were contributing to holes in the ozone layer...don't hear much about that any more...

yes there is a reason for that because we banned the CFC's in this sprays!!

On the Verge of Self Mutilation wrote:

Did you know that LA is on top of the third largest oil reserves in the country?

cool video, thanks for sharing, I like VBS.tv (Vice Magazine)'s videos
so when does Los Angeles get a Sovereign Wealth Fund that throws off enough money to make UCLA free?

There are a few well-respected scientists who are skeptics, and I have never heard that any of these have accused their colleagues of political bias or lack of scientific objectivity.

How long is the stick?

Regardless of whether or not we have global warming, living with less, conserving and thinking before you buy is undeniably good for the world and for one's spirituality.

I am amazed how conservation has become a dirty word over the last 10 years. Basic conservation would go a long way towards cleaning up a lot of the ills we currently suffer as a society.

nightstand cowboy gets a much deserved rest. The power grid is safe this weekend.

If you get climate change phobia then everything that happens in the weather from hurricanes to flooding will be the result of global warming aka climate change...

nova wrote:

MET confirmed the content yesterday.
The the little Eskimo kids won't have to move to MN?

Oh no. The warmists won't go quietly. There's a lot of whining and finger pointing and startling new evidence to replace all the falsified data. Read the responses above. The replies all seek to change the subject from AGW to global climate change. This is an old trick that no one even bothers to riposte. Of course there's climate change. It a freakin' climate. If it stops changing, that's the time to worry.

SAN FRANCISCO (MarketWatch) -- UPS said late Friday that it will hike its rates by about 4.9% for ground packages in 2010. It will also implement a net increase of 4.9% on its air express and international shipments originating from the United States. The new rates will take effect on Jan. 4.

Nanno,

Responded on the last thread. I don't get emotional like you do BK is wonderfully cleansing for health cost. No debters prison here in the US.

JP wrote:

Gold at record highs: Inflationary.

How is gold price inflationary, except for gold jewelry?

With respect, you need to look harder:

Hearing Statements
Date: 12/06/2006
Statement of Dr. David Deming
University of Oklahoma
College of Earth and Energy
Climate Change and the Media

Mr. Chairman, members of the Committee, and distinguished guests, thank you for inviting me to testify today. I am a geologist and geophysicist. I have a bachelor’s degree in geology from Indiana University, and a Ph.D in geophysics from the University of Utah. My field of specialization in geophysics is temperature and heat flow.

In recent years, I have turned my studies to the history and philosophy of science. In 1995, I published a short paper in the academic journal Science. In that study, I reviewed how borehole temperature data recorded a warming of about one degree Celsius in North America over the last 100 to 150 years. The week the article appeared, I was contacted by a reporter for National Public Radio. He offered to interview me, but only if I would state that the warming was due to human activity. When I refused to do so, he hung up on me.

I had another interesting experience around the time my paper in Science was published. I received an astonishing email from a major researcher in the area of climate change. He said, “We have to get rid of the Medieval Warm Period.”
The Medieval Warm Period (MWP) was a time of unusually warm weather that began around 1000 AD and persisted until a cold period known as the “Little IceAge” took hold in the 14th century. Warmer climate brought a remarkable flowering of prosperity, knowledge, and art to Europe during the High Middle Ages.

The existence of the MWP had been recognized in the scientific literature for decades. But now it was a major embarrassment to those maintaining that the 20th century warming was truly anomalous. It had to be “gotten rid of.”

"But another variable to climate change is the warming from the sun of all the planets in the solar system...there are many variables to consider in a scientific investigation of the effects of man-made pollution..."

The assertion re solar radiance is well-known and has been considered. The people who work in this field are not bumbling refugees from a comic strip.

A global Depression will reduce energy usage and demand and the various possible and probable environmental effects of burning fossil fuels...

Hi all, I'm phasing in hoocoobluetwo, a new version of hoocooblue, that fixes lots of little bugs and hopefully improves your authoring experience a little.

Let me know if you experience problems.

I actually believe in Global Warming, but I still took the time to read a bit of the leaked data. If it's true it's pretty damning IMO.

Climate Change - Weird topic as the SHTF in the global economy...people will need food...

Deming - and the Medieval Warming Period - are well-known. The MWP has not been gotten rid of.

When biota move north it's almost immaterial whether or not it's completely understood. It's an empirical observation. When global oceanic temperature rises, that's an observation, not theoretical.

I said the phenomenon was probably real. I said nothing about it being theoretical. However, I strongly disagree with you regarding the importance of acting before the phenomenon is understood. Our actions might be exacerbating the problem or causing completely unforeseen ones if we act before we understand.

Regardless, I'm not interested in getting into a pissing contest about the causes of global warming, climate change, or whatever the scientific community is calling it this week. Go fight with someone else.


rosethorn (homepage, profile) wrote (in reply to...) on Fri, 11/20/2009 - 4:24 pm

Warmer climate brought a remarkable flowering of prosperity, knowledge, and art to Europe during the High Middle Ages.

The existence of the MWP had been recognized in the scientific literature for decades. But now it was a major embarrassment to those maintaining that the 20th century warming was truly anomalous. It had to be “gotten rid of.”

Also, the presence of high culture will interfere with the process of creating the slave race that's been dreamed of for Ages.

Nov. 20 (Bloomberg) -- Carl Levin, chairman of the Senate Armed Services Committee, said higher-income Americans should be taxed to pay for additional troops sent to Afghanistan and that NATO should provide half of the new soldiers.

An “additional income tax to the upper brackets, folks earning more than $200,000 or $250,000,” could fund more troops, Levin, a Michigan Democrat, said in an interview for Bloomberg Television’s “Political Capital With Al Hunt,” airing this weekend. White House Budget Director Peter Orszag has estimated that each additional soldier in Afghanistan could cost $1 million, for a total that could reach $40 billion if 40,000 more troops are added.
Upper-Bracket Tax May Be Needed for Afghan War Cost, Levin Says - Bloomberg.com

Rob Dawg wrote:

Of course there's climate change. It a freakin' climate. If it stops changing, that's the time to worry.

When asked if I believe in global warming I always say 'yes'... but that's because something like 20000-15000 years ago a sheet of ice a mile thick sat where I am now... and as far as I know that same 'current ice age' is still retreating. What is driving that retreat and how fast [or even straight line directional] it is, I have no idea... but the planet is clearly warming... at least on the time scale with which glaciers measure time.

"Holy crap! I've found a huge problem and the Earth might end!" = Grant $

"This appears to be beyond our control and exaggerated." = No Grant $

It's like asking the Military Industrial Complex if there is a threat to National Security.

It does affect things.

Also: while it may be obvious, the Add New Comment link is now at the top of the screen instead of the bottom.

"A global Depression will reduce energy usage and demand and the various possible and probable environmental effects of burning fossil fuels..."

Maybe, but it would probably have to be an extremely profound depression - one so deep that hundreds of millions would perish.

The climate change industry and financiers will probably lose out the the Military Industrial Complex & funding in the coming Meltdown...depleted uranium smoke from ammo is a pollutant to consider as harmful to human health...

Regardless of whether or not we have global warming, living with less, conserving and thinking before you buy is undeniably good for the world and for one's spirituality.

I am amazed how conservation has become a dirty word over the last 10 years. Basic conservation would go a long way towards cleaning up a lot of the ills we currently suffer as a society

I'll drink to that! Beer

pavel.chichikov wrote:

There are a few well-respected scientists who are skeptics, and I have never heard that any of these have accused their colleagues of political bias or lack of scientific objectivity.

Most scientists will give colleagues professional courtesy in public, even if they disagree. If you want to see the other side of the discussion, there is more here:
The Heartland Institute - Michael Crichton Is Right

The researchers driving the "global warming" agenda have an incentive to create fear of anthropogenic climate change, because such fear generates funding. No human cause = significantly less funding. This is why NASA steadfastly holds on to manned missions...if there's no human interest story NASA won't get as much attention or funding.

Pavel, I recommend you read "The Structure of Scientific Revolutions" by Thomas Kuhn. It will provide you with great insight into how science is an endeavor of people, just like any other; and how status-seeking, greed, and groupthink are a problem in science as in any other human activity.

pavel.chichikov wrote:

Deming - and the Medieval Warming Period - are well-known. The MWP has not been gotten rid of.

Mann tried and got caught.

*"Holy crap! I've found a huge problem and the Earth might end!" *

Nobody says the Earth is going to end.

*"This appears to be beyond our control "

That is a possibility.

I've now enabled this for Firefox 3.5 and up, Safari 4 and up, Chrome 3 and up, and IE 8. Hoocoobluetwo is now an option on the switchable themes, although I've had mixed success with this feature of late (anyone else having problems with this?).

If you use one of these browsers, you'll need to refresh the page to see the changes.

HomeGnome wrote:

higher-income Americans should be taxed to pay for additional troops sent to Afghanistan

Paying for expenditures... LMAO! Line item accounting with a $1.5TRILLION DEFICIT. How pedestrian.

Ask Geithner/Summers how it's done.

jinx

and brevity, man Wink

The researchers driving the "global warming" agenda have an incentive to create fear of anthropogenic climate change, because such fear generates funding.

All right, Rosethorn. Name names. Give proof.

I know about Kuhn, but thanks.

Pavel,
You might consider worrying also about the threat of mutually assured destruction from nuclear weapons (and global pollution) which is a scenario that has been resurrected because of the relentless pursuit of Endless Wars by War Hawks...

Mr Slippery wrote:

How is gold price inflationary, except for gold jewelry?

If my dollars are becoming worthless, then the price of commodities goes up, because sellers demand more $$ for their goods.

what we need is a constitutional amendment that the first 300 bn/year of the cost of a war must be financed through increased taxes on everybody- the only people exempt are the directly family members of those actually serving in the combat area. Wonder how many of these we would get into if the decision to deploy troops also came with a bill. Time for people to do more than put flags on their cars or yellow ribbons.

Ken Cooper wrote:

If you use one of these browsers, you'll need to refresh the page to see the changes.

Did it already - they are cool.

Rob, there has been lots of consideration of the MWP. It won't wash as a factor in the present situation.

Serious global Depression & hunger?
Because of the global credit freeze there are food shortages internationally right now...from what I've seen...

Another point. Autopreview still works, you just need to turn it on with 'Show Preview'.

And I've discovered the first bug: it loses your current position when closing the comment form. I'll see about fixing that.

dawg,
The global meltdown debate has been pre-empted by the global warming debate...stay tuned for the commercials...

atmospheric co2 has gone from about 280-380 ppm in the last 150 years
arrhenius described the effect of combustion produced co2 in 1896
co2 absorbs infrared and is one of the components of atmospheric greenhouse effect
human combustion of carbon products is increasing the amount of heat retained in the lower atmosphere, contributing to driving the current weather patterns

Rob Dawg wrote:

Page not found « Watts Up With That?
The key phrase you'll hear over the next few days is "hide the decline."
Absolutely devastating to the AGW crowd.

The link on the page provided that has excerpts of the original release has somehow become disabled. The global warming alarmist will do anything to keep this under wraps-

replied back..again ben.

The good news is that you no longer lose your position when you refresh.

Thx, Ken.

pavel.chichikov wrote:

Rob, there has been lots of consideration of the MWP. It won't wash as a factor in the present situation.

Google teh "Maunder and Dalton minima" and say that.

Goog also teh "12 trees in Yamal"

It's over. It's a huge problem as to how we clean up the mess. I'm sorry for wasting electrons in CR but the parallels with the evil that men did in finance are truly fascinating.

kcoop, you do a fantastic job here and you have my thanks.

EvilHenryPaulson wrote:

SEC approves change in reporting of oil reserves to "mark to model" -- no joke

Unbelievable. We're all Ponzi now. The pigmen win. Full speed ahead.

I think there is a likely possibility that doing something about atmospheric carbon loading will turn out to be too expensive and otherwise disruptive, so that we will kick this can down the road too. If and when a real crisis does happen, we will be fortunate here in the developed world of we can somehow adjust without too many losses. But the less developed countries will suffer immense damage and dislocation. Resulting International political and social crises are unpredictable but not charming in consider.

There is also a small possibility that consequences for the developed world will be very serious. There is some criticism of the IPCC that, rather than being a doomsayer, it is too optimistic. Political pressure from the oil and gas producing countries may be a factor.

The Audit the Fed 'debate'...
Weakening the independence of the Fed may be risky for the Dollar and the economy?
Is the Fed holding the Dollar and the economy hostage?

It's over. It's a huge problem as to how we clean up the mess. I'm sorry for wasting electrons in CR but the parallels with the evil that men did in finance are truly fascinating.

Exactly. We have to do something. ANYTHING! We can't afford to wait.

Mike in Long Island wrote:

Not being entirely familar with credit scores can you say where they start? Is is like the SAT where you get 200 pts for signing your name? Or do they start at zero?
The highest is 800 or ??

I've had as high as 820 or so, but on my latest (a year and a half ago, the highest of the agencies rates us at 806 IIRC). Unfortunately, my wife applies for a card EVERY time they tell her "get 10% off on today's purchase if you apply". It's be really high if it weren't for that-

Might be a global warming angle to the Fed debate...

merchants of fear wrote:

s the Fed holding the Dollar and the economy hostage?

If so, it might be a good time to get a real T-Sec.

yeah...no doubt...

Four seems to be the leading number in the BFF Poll.
Does the FDIC Order Anchovies? Beer

sm_landlord wrote:

The good news is that you no longer lose your position when you refresh.

Hey! Someone noticed! Smile

How is gold price inflationary, except for gold jewelry?

Golden canary in the coal mine.

Do we keep kicking the can down the road until the ultimate calamity happens? Do most people pretty much figure the game is up, why bother trying to fix this stuff? Live it up today for there may be no tomorrow? I really feel like this is what's happening.

TCA wrote:

Exactly. We have to do something. ANYTHING! We can't afford to wait.

Exactly. Pop quiz:

"We have to take drastic action right now!" is
A) a financial crisis
B) a climate crisis

And "the only answer is a political solution" despite this being
A) a financial problem
B) a climate problem

kcoop,

I've switched twice now, but it still shows "Hoocooblue" as the current theme.

pavel.chichikov wrote:

"Is global warming real, or conspiracy?"
Real.

Wrong; it's bogus. Seriously-

kcoop wrote:

And I've discovered the first bug

Now fixed.

I'll be back in a little bit, where's Liz?

A little of the local flavor.

A jury took less than three hours today to convict the Midlands men who called themselves the 3 Hebrew Boys on 58 counts of mail fraud, money laundering and check fraud charges in a $82 million ponzi scheme.

Joseph Brunson of Hopkins, Timothy McQueen of Blythe-wood, and Tony Pough of Columbia face up to hundreds of years in prison and hundreds of thousands of dollars in fines.

The men showed no emotion as the clerk read the word "guilty" 174 times at the federal court house in Columbia.

The men were accused of luring at least 7,000 investors from two dozen states, including many from military bases and churches, with promises to help pay off debt at a fraction of its costs. They also offered monthly lifetime residuals on investments.

The trial lasted two weeks.

TJ and The Bear wrote:

I've switched twice now, but it still shows "Hoocooblue" as the current theme.

I've been seeing problems with manual changes to switching themes. What browser are you using?

Thank you for all your hard work, coop.

And thank you for not disabling the antediluvian version.

kcoop wrote:

What browser are you using?

FF 3.6 B3

merchants of fear wrote:

Remember when we thought or were told by some experts that hair spray (aerosals) were contributing to holes in the ozone layer...don't hear much about that any more...

The warming deniers are almost as bad as the evolution deniers. I wonder if there is any overlap...

And thank you for not disabling the antediluvian version.

My iPhone heartily agrees with this sentiment.

CRE has retained 57% of its value. See? Doesn't that make you feel better?

barfly wrote:

yeah, right. You wish.
Climate Change: NASA's Eyes on the Earth

From the folks who last year brought you the warmest October on record..........by posting the September data. LOL!!!!!!

As long as the debate is between the holocaust deniers and the conspiracy theorists, we can be assured of terrible policy.

The most money and power will just dictate, and the losers will be expected to shut up.

Yep...a lot like the evolution debate.

CRE has retained 57% of its value. See? Doesn't that make you feel better?

Heroic effort attempting to pull this thread back on topic. Smile

While I'm here testing this out: I've also been meaning to follow up on the Daylight Savings issue.

The framework driving Hoocoodanode, Drupal, is great in many regards, but it has a ridiculous omission: it does not provide DST support. The best workaround I know of is to explicitly change your time zone in your profile to the current time.

TJ and The Bear wrote:

FF 3.6 B3

Ah. I think it might use 3.7 in its user agent. Try it now.

Ken
Safari 4.04
doesn't keep scroll in place.

JP wrote:

So negative interest rates: Deflationary.
Gold at record highs: Inflationary.

See Mish's post on that. Gold's price has fear factored in, and this in fact may be the dominant driver. Despite the frantic printing, M2 isn't changing that much-

BF #1
Commerce Bank of SW Florida
$23.6 M loss to DIF

Well, it's a start.

Rob Dawg wrote:

doesn't keep scroll in place.

Which scroll? When you close the comment form? I can't reproduce it, but I'm running 4.03, guess I'd better update...

OT: CR called my tile "Awesome". swoons
.
Crown

Some say the world will end in fire,
Some say in ice.
From what I’ve tasted of desire
I hold with those who favor fire.
But if it had to perish twice,
I think I know enough of hate
To say that for destruction ice
Is also great
And would suffice.

Can't be the first to comment on the new post! There is no "Add New Comment" link! Shock

pavel.chichikov wrote:

The people who work in this field are not bumbling refugees from a comic strip.

They are, however, dependent on the govt. for funding, and for this they need "an issue" of concern.

Global warming not happening, and even if it was, it would be more expensive to fight than to live with.

I am calling 4 that's IV for BFF!

The economy is going to double dip.

Ken
When I post the scroll re-centers to the middle of the scroll window

TCA wrote:

However, I strongly disagree with you regarding the importance of acting before the phenomenon is understood. Our actions might be exacerbating the problem or causing completely unforeseen ones if we act before we understand.

The Medieval Warming Period resulted in a must wetter American SW, and at that time, the area could support far more people than it now can. If we were to experience a warming, it could be a good thing. BTW, I strongly agree with the quote from you above.

kcoop wrote:

Try it now.

That works -- thanks, Ken!!!

Ken Cooper wrote:

Also: while it may be obvious, the Add New Comment link is now at the top of the screen instead of the bottom.

Ken,
I e-mailed you. There are some bugs in the changes, such as the subject text bar in contacts and feedback are missing, and messages cannot be sent. Fortunately, I had one of your earlier replies to use in mailing to you-

merchants of fear wrote:

You might consider worrying also about the threat of mutually assured destruction from nuclear weapons (and global pollution) which is a scenario that has been resurrected because of the relentless pursuit of Endless Wars by War Hawks...

The piece KD did yesterday on pollution in China was heartbreaking. Rivers of trash, un-breathable air.- just awful. I realize it was their choice, or at least the choice of their leaders, but it's heartbreaking to see such a beautiful country devastated like that-

Cinco-X wrote:

The piece KD did yesterday on pollution in China was heartbreaking. Rivers of trash, un-breathable air.- just awful. I realize it was their choice, or at least the choice of their leaders, but it's heartbreaking to see such a beautiful country devastated like that-

We had some visitors from China that we were training to outsource our jobs to, and took them out on the local lake. They were astounded that we would actually get in the water. Only one of four were willing to give it a try.

AGW is a hoax. The warmers even have a denigrating name for those that don't believe it... Deniers. Like Holocaust deniers. The warmers have bought into AGW like a religion. And... When your whole persona depends on a falsehood, you will lie, cheat and steal to maintain the viability of the lie.

My credit score was 854, but then it dropped, probably because the lines of credit on some unused credit cards were halved. I think it's around 810 now. Bank said a perfect credit score is 850, so I have no idea how mine was 4 points above.

Still couldn't refinance.

Login or register to post comments