Recent comments by JP

because of the need for "balance sheet repair"

Yeah, about those student loans.

KidPsych wrote:

Live long and prosper would be preferable to in god we trust.

I don't know what you have against Live Fast and Die Young. Maybe it's time to examine your underlying assumptions.

Luckily, as I've been noting for some time, we will probably know by mid-2007 if the housing bust is going to significantly impact the general economy

Thank god we dodged that bullet.

poicv2.0 wrote:

Can you imagine the Chinese premier being invited by Congress to give a speech about US foreign policy.

After today? Yes.

- NY Times A Warning From Buffett About Banks

“Money-shufflers don’t come cheap.”

That was Warren E. Buffett’s latest salvo against Wall Street from his annual letter to shareholders published over the weekend.

Mr. Buffett has long ridiculed the financial industry, but this year’s letter, laced with references to bankers, lawyers and consultants as “a lot of mouths with expensive tastes,” seemed to amp up the pugnacity and was clearly noted by the industry, which pored over the letter.

And this is the environment in which the ECB is going to be buying bonds?
Just wow.

dilbert dogbert wrote:

KidPsych wrote:
Spiritual leader allegedly manipulated 400 men into removing testicles to be 'closer to God' - Asia - World - The Independent
Give that guy a Nobel Prize for solving the population problem.

It kinda sounds like those guys didn't have balls to begin with.

Great trivia, although the archaeologists will never figure out what you're refering to in, like, 10 years.

Hmm, I knew the meaning, but never knew the origin. Apparently, nobody else does either.
Where Did the Term "86" Come From? | Mental Floss

Edit: And even more ideas from the wiki people
86 (term) - Wikipedia, the free encyclopedia

Outsider wrote:

"See? Just like Walmart."

Laughing out loud
Just think of the years in therapy the spouse cost that poor young thing.

FTA:

Nothing like being your own boss.

Pithy saying for the day:
Working at a big company gives you the illusion of security. Working at a small company gives you the illusion of freedom.

Jackdawracy wrote:

Where it matters most for the state-in the Sierra, we received .22 of an inch of rain...

You really know how to not rain on a guy's parade.

dilbert dogbert wrote:

She does not do inactivity well nor pain.

Who does?

Always right click and open LAT NYT etc in incognito mode. Their cookies are pretty dumb.

At least the WSJ and FT make you force the referrer to be google.

wtf: In Huntington Beach

Hail coats beach as storm brings lightning, flood warnings - LA Times

and

As of Monday morning, Santa Monica got 2.67 inches of rain, the most rainfall in Los Angeles County, according to the weather service.

Crying

I'm looking through the glass and I find this:

It can be especially hard for people who are not bankers. Ms. Christiansen, a sex therapist, took out a loan to finance a website called LoveShack that is part matchmaking site, part social network.

I love that the reporter went there for comment. Smile

sm_landlord wrote:

I'm guessing that their exit contracts forbid discussion of the topic.

No doubt, but probably nothing that a night of decent scotch wouldn't cure.

It would be interesting to hear how the AMEX sales team lost that account.

Beer Does the FDIC Order Anchovies?

BERNARDO I think I'll go back to San Juan.
ANITA I know what boat you can get on.

Rickkk wrote:

He died this morning

Sad

Engineers and scientists don't have many actor icons, but Leonard Nimoy was one of them. RIP

ResistanceIsFeudal wrote:

Made of Stainless Steal (SM)

Steel yourself, because I am totally stealing that.

How will the glutinators explain this one?

How Warren Buffett stays young: "I eat like a six-year-old." - Fortune

Asked to explain the high-sugar, high-salt diet that has somehow enabled him to remain seemingly healthy, Buffett replies: “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.” The octogenarian adds, “It’s the safest course I can take.”

Jackdawracy wrote:

A friend lost his $2k drone last month, it's more than likely atop some 77 foot pine tree.

But the 77 foot pine tree gets to add a $2k drone to its asset column, so GDP has increased by $2k.

Breaking: HSUS Loses Charity Rating

Sad

Aside from the lawsuit, it has come to light that the HSUS diligently moved money to several funds in the Cayman Islands, calling them "investments". We're pretty sure that moving $26 million to offshore accounts in the Cayman Islands is called stashing money.

I just thought I should brighten up all of you with a little sunshine. Rose Colored Glasses
A radical pessimist's guide to the next 10 years - The Globe and Mail

Outsider wrote:

They could sing their reports. Opera style. In Italian.

And everyone dies tragically in the end.

Those guys know nuttin.

It's so clearly a squirrel sitting on a clown's shoulder.

From S&P: Home Prices Grew at Twice the Rate of Inflation in 2014 According to the S&P/Case-Shiller Home Price Indices
Read more at Calculated Risk: Case-Shiller: National House Price Index increased 4.6% year-over-year in December

So housing, which is about third of the CPI, is 2x CPI.

h = 2 CPI, other = x

h/3 + 2x/3 = CPI
implies
x = - CPI/2

So everything else is deflating at half the rate of CPI. (but no coffee yet, so math is hard.)

Whiskey wrote:

Fraternal, boy and girl.

Real French Sparkly Real French Sparkly

Oh wow. So they delivered and the EU told them to come back tomorrow and try again. My Head Just Exploded

umop apisdn wrote:

So, half his age, then.

Exactly. The right half.

Blackhalo wrote:

ಠ_ಠ
That is some NAR quality spin there.

So Zero sales would be best!

JP wrote:

Meh, he's too doomy even for me.

What I'm really saying: Is there another source? Because that is very interesting, but I consider AEP pleasure reading like fiction, only loosely based on reality.

Of course I myself quote him at every opportunity, but this would be real info if true.

Pigged
sum luk quoted:

Greece did not miss its deadline. The proposal was held up in Brussels. Whether this plan will really fly is a big question.

If it were anyone other than Ambrose, that would be interesting. But A E-P? Meh, he's too doomy even for me.

ndk wrote:

I really do feel like a teenager in a grown man's body many days.

I asked my wife's grandfather on his 88th birthday how old he felt on the inside. His answer: 33.

I'm pushing 20 lately, probably cuz I'm doing too much programming these days. I feel like an undergrad. Tired

Rickkk wrote:

"Bankrate’s report says 24 percent of Americans have more credit card debt than emergency savings."

Doesn't sound like a problem for the debtors, it's unsecured. When tshtf, use your emergency savings and default.

The creditors on the other hand might have a problem.