All last summer, I was short term bullish, long term bearish. I thought all the fiscal and monetary stimulus would give us a decent bump for at least a couple years. In the end, we would pay a higher price, but short term things would be better. It now looks that the bump only lasted 6 months, and that it might be over. I blame Seb. Things were looking up until he started posting again.

California Puts 11 Office Buildings Up for Sale
By THE ASSOCIATED PRESS

Filed at 7:44 p.m. ET

SACRAMENTO, Calif. (AP) -- California has put the ''for sale'' sign on 11 state office buildings, including the San Francisco Civic Center and the Ronald Reagan State Building in Los Angeles, as a way to raise cash to shrink the budget deficit.

Los Angeles-based real estate firm CB Richard Ellis released a sales brochure Friday titled the ''Golden State Portfolio'' as part of its marketing strategy to lure potential buyers. Combined, the buildings have more than 7 million square feet of office space.

State officials are hoping to draw offers worth more than $2 billion.

I think Sebastian is some kind of ghost in the machine, a self-aware piece of code, trying to warn us
Maybe the Fed bought a computer to print its digital currency, but it was so powerful that it began to feel emotions
doesn't he claim to be from Bernanke's home state? his timing is uncanny

CA also looking for a two-fer from these sales. Hopefully purchased by for-profits who'll then pay local property taxes.

Yeah, that's gonna work fine.

fudge_hend wrote:

How long until Nevada banks fall under the gaming commission for gambling?

I was talking to a buddy the other day.. Told him I was cashing things out and heading for the sidelines for awhile. Managing money these days feels exactly like being in a casino for way too long. You play and play and never win enough / always worry about losing what you have. It really wears a guy out...

All the way to Carson city already, has the east and mid west been spared?

personal relationships would play a factor, but having the FDIC close all of your state's insolvent banks is the best stimulus going
well provided you think cheaper living costs are a good thing

It snowed in NYC today. What's the over/under on job losses being reported?

It's not his timing that bugs me, it's his illogic: "things can't be bad because I'm doing o.k., and all my suburban Starbucks sucking software engineer friends are doing o.k., too." It's like talking to a Valley Girl.

That reminds me of our local county commisioners here. The state (NY) released the sales tax revenue numbers by county for 2009 this week. Saratoga county was -9% YoY. The commissioners were incredulous. That can't be, they said, the malls looked busy.

http://www.saratogian.com/articles/2010/02/23/news/doc4b82d62cc019b691078815.txt

County Administrator David Wickerham continues to doubt the veracity of those numbers. “I think there’s got to be some flaws in this because there’s no way we should be off by more than some of those other counties that are listed,” he said.

Nuke:

They just aren't paying attention. Our local mall (GGP owned) frequently has a crowded parking lot but there all kinds of empty storefronts/boarded up spaces instead.

There are also a far fewer number of wrought iron patio tables in the center court area.

Maybe Cali will bring it home. Beer sales are stalling around here.

I would've thought that beer sales would increase in such times.

I think when the Treasury first made the estimates on how bad FNM/FRE losses were going to be they hired the same team from Canada that forecast us taking top spot in Olympic Medals this Winter Olympics.

Not enough bank closings to toast.

Nevada is lying shot rock on the button but the West Coast has the hammer.

Rob Dawg wrote:

[must not reply familyblogfamilyblogfamilyblog...]

yeah how about that netherland and greek behind crack

poic wrote:

I think when the Treasury first made the estimates on how bad FNM/FRE losses were going to be they hired the same team from Canada that forecast us taking top spot in Olympic Medals this Winter Olympics.

It was actually a possibility, FiveThirtyEight: Politics Done Right: Vancouver Medal Count Projections: Day 14
had some notable disappointments from people who were #1 in the world for the pat 5+ years
I don't know what it is currently, but Canada had the most 4th+5th+6th place finishes at one point
about to get the 9th gold in Women's curling if Cheryl Bernard can keep it up against Sweden's Annette Norberg (6-4, 10th and final end)
Truly, I don't care about the numbers too much. I want to see them competitive and leave it all out on the field.
I think the head of the Canadian Olympic committee was an idiot for making specific goals during daily press conferences throughout the Olympics. I get it because he's trying to maintain the $22mn per year Own the Podium funding (covers summer+winter olympic+paralympics), but I think how he did it was a bad idea

EHP I know it was a possibility sigh..

Canadians have a bad habit of cracking under pressure it seems.

Thank you AlleyCat.

Gee homedad...

I woke up to the sound of a hammer and chisel pounding away at the last of my Venetian marble. I stretched, then screamed! My glod! The horror of it crashed into my brain! I was poor! I remembered how I had shamed my self the other day. Pulling discarded Starbucks cups from the trash and licking them just to taste the nectar of the successful!

"Pulling discarded Starbucks cups from the trash and licking them just to taste the nectar of the successful! "

I don't think the people who saw me pull away from the Starbucks half an hour ago on my bike, backpack full of groceries thought I was successful.

lol

tg wrote:

Rob Dawg wrote:

[must not reply familyblogfamilyblogfamilyblog...]

yeah how about that netherland and greek behind crack

Netherlands? Stick your finger in a... no I can't do it.

The Robb book is good. It is high in fiber.

Read an article about some worried folks in the East Bay who want to change the name of Mt. Diablo because "it's satanic." They like "Mt. Reagan" a lot better.

The name changers should have the last laugh on the worriers and call it "Mt. This"

Cheryl Bernard is about to be the first Canadian woman to win Olympic gold in curling since Sandra 'the curler' Schmirler
and the first one in Olympic history to win every single match I think
CAN 6-4 SWE, 1 rock left for each, SWE gets last throw

poic wrote:

Friday evening

eh

Nice, very nice, Nova.

And now I gotta get moving myself.

G'night folks.

How about Mt. Politician. That should cover all of them.

oh no
Sweden took the game to an extra end
now Canada gets the last 'hammer' stone, but it's super intense because they could have won it

Thanks homedad

"oh no
Sweden took the game to an extra end
now Canada gets the last 'hammer' stone, but it's super intense because they could have won it "

Looks like we need a :choke: icon.

2,999

What sport, nova?

YES! I'm all over that! Finally some gettin' down music.

Where do you live AlleyCat? Please don't say Canada

Errr ... 11th end ... it will most likely be the last.

And .... there's the choke.

Yawn ..... Sheila needs some Viagra.

Dear nova,

I live in fly over country. St. Louis to be exact. Both of my parents are Canadian.

Video - Exclusive Coverage | 2010 Winter Olympics | NBC Olympics

59% Say Cut Taxes to Create Jobs, 14% Expect Congress to Listen - Rasmussen Reports™

This has gotta be worth a good 30 seconds on mp's mad max clock.

Bank Failure #22: Rainier Pacific Bank, Tacoma, Washington

Rasmussen is pretty awful with polling. I think the last decade should put to rest that whole "tax cuts create jobs" theory. I've been waiting 30 years for something to trickle down on me and now I find the only thing golden I'll be getting is a shower.

Comrade Kristina,

I love St. Louis! I grew up in Texas City, Texas from Canadian parents. I very much want to retire where there's lots of snow.

I have learned so much here since many years ago.

Thank you all so much for making me a doomer!