rantings of a drunken lunatic.
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| Saturday, May 9th, 2009 | | 11:07 am |
I don't need this crap first thing in the morning.
A man is told hes a robot. Says "That's impossible, I'm a human." They ask "Why is that impossible?" "Robots can be turned off." "Why do you think you sleep? For that matter, you have that off switch." "What off switch, I don't have an off switch" "Of course you do, its in that numb patch you cant feel on your back." The guy reaches behind him to demonstrate the switch. Then I woke up. | | Friday, March 20th, 2009 | | 11:28 am |
Youre only paranoid if they AREN'T out to get you.
http://www.rollingstone.com/politics/sto ry/26793903/the_big_takeover/print The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolutionRolling stone. And you people wonder why im paranoid. AIG bonuses are nothing but a distraction. | | Sunday, January 4th, 2009 | | 8:16 pm |
| | Thursday, November 27th, 2008 | | 12:52 am |
Im fine.
Nowhere near mumbai, in New Dehli. | | Sunday, November 23rd, 2008 | | 12:13 pm |
More pessimism.
Well, I don't quite understand this whole article either, but from reading it, and reading articles about it, it means inflation, followed by deflation, and then massive inflation to try to fix the deflation. All this surrounding the economy going to hell, and none of the plans actually fix the underlying problems. The stock market is going to bounce up and down by 2k points for the next few months, trending downward to at least 6k. Least thats what I think. 6 months ago, i thought the worst cae was around 8k. Of course, when citibank and GM go under, its gonna be interesting. ANd the GVT is going to try increasinly bizzarre ways to fling free money at their donors and buddies, in the interest of "fixing things up". Cause you want them to take your money, and give it to rich bankers with no accountability or transparecy, right?
Hell, I tried to put in a cut in here. Oh well.
http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm
Remarks by Governor Ben S. BernankeBefore the National Economists Club, Washington, D.C.
November 21, 2002
( Read more... )Ahearne, Alan, Joseph Gagnon, Jane Haltmaier, Steve Kamin, and others, "Preventing Deflation: Lessons from Japan's Experiences in the 1990s," Board of Governors, International Finance Discussion Paper No. 729, June 2002. Clouse, James, Dale Henderson, Athanasios Orphanides, David Small, and Peter Tinsley, "Monetary Policy When the Nominal Short-term Interest Rate Is Zero," Board of Governors of the Federal Reserve System, Finance and Economics Discussion Series No. 2000-51, November 2000. Eichengreen, Barry, and Peter M. Garber, "Before the Accord: U.S. Monetary-Financial Policy, 1945-51," in R. Glenn Hubbard, ed., Financial Markets and Financial Crises, Chicago: University of Chicago Press for NBER, 1991. Eggertson, Gauti, "How to Fight Deflation in a Liquidity Trap: Committing to Being Irresponsible," unpublished paper, International Monetary Fund, October 2002. Fisher, Irving, "The Debt-Deflation Theory of Great Depressions," Econometrica (March 1933) pp. 337-57. Hetzel, Robert L. and Ralph F. Leach, "The Treasury-Fed Accord: A New Narrative Account," Federal Reserve Bank of Richmond, Economic Quarterly (Winter 2001) pp. 33-55. Orphanides, Athanasios and Volker Wieland, "Efficient Monetary Design Near Price Stability," Journal of the Japanese and International Economies (2000) pp. 327-65. Posen, Adam S., Restoring Japan's Economic Growth, Washington, D.C.: Institute for International Economics, 1998. Reifschneider, David, and John C. Williams, "Three Lessons for Monetary Policy in a Low-Inflation Era," Journal of Money, Credit, and Banking (November 2000) Part 2 pp. 936-66. Toma, Mark, "Interest Rate Controls: The United States in the 1940s," Journal of Economic History (September 1992) pp. 631-50.
Footnotes 1. Conceivably, deflation could also be caused by a sudden, large expansion in aggregate supply arising, for example, from rapid gains in productivity and broadly declining costs. I don't know of any unambiguous example of a supply-side deflation, although China in recent years is a possible case. Note that a supply-side deflation would be associated with an economic boom rather than a recession. Return to text 2. The nominal interest rate is the sum of the real interest rate and expected inflation. If expected inflation moves with actual inflation, and the real interest rate is not too variable, then the nominal interest rate declines when inflation declines--an effect known as the Fisher effect, after the early twentieth-century economist Irving Fisher. If the rate of deflation is equal to or greater than the real interest rate, the Fisher effect predicts that the nominal interest rate will equal zero. Return to text 3. The real interest rate equals the nominal interest rate minus the expected rate of inflation (see the previous footnote). The real interest rate measures the real (that is, inflation-adjusted) cost of borrowing or lending. Return to text 4. Throughout the latter part of the nineteenth century, a worldwide gold shortage was forcing down prices in all countries tied to the gold standard. Ironically, however, by the time that Bryan made his famous speech, a new cyanide-based method for extracting gold from ore had greatly increased world gold supplies, ending the deflationary pressure. Return to text 5. A rather different, but historically important, problem associated with the zero bound is the possibility that policymakers may mistakenly interpret the zero nominal interest rate as signaling conditions of "easy money." The Federal Reserve apparently made this error in the 1930s. In fact, when prices are falling, the real interest rate may be high and monetary policy tight, despite a nominal interest rate at or near zero. Return to text 6. Several studies have concluded that the measured rate of inflation overstates the "true" rate of inflation, because of several biases in standard price indexes that are difficult to eliminate in practice. The upward bias in the measurement of true inflation is another reason to aim for a measured inflation rate above zero. Return to text 7. See Clouse et al. (2000) for a more detailed discussion of monetary policy options when the nominal short-term interest rate is zero. Return to text 8. Keynes, however, once semi-seriously proposed, as an anti-deflationary measure, that the government fill bottles with currency and bury them in mine shafts to be dug up by the public. Return to text 9. Because the term structure is normally upward sloping, especially during periods of economic weakness, longer-term rates could be significantly above zero even when the overnight rate is at the zero bound. Return to text 10. S See Hetzel and Leach (2001) for a fascinating account of the events leading to the Accord. Return to text 11. See Eichengreen and Garber (1991) and Toma (1992) for descriptions and analyses of the pre-Accord period. Both articles conclude that the Fed's commitment to low inflation helped convince investors to hold long-term bonds at low rates in the 1940s and 1950s. (A similar dynamic would work in the Fed's favor today.) The rate-pegging policy finally collapsed because the money creation associated with buying Treasury securities was generating inflationary pressures. Of course, in a deflationary situation, generating inflationary pressure is precisely what the policy is trying to accomplish. An episode apparently less favorable to the view that the Fed can manipulate Treasury yields was the so-called Operation Twist of the 1960s, during which an attempt was made to raise short-term yields and lower long-term yields simultaneously by selling at the short end and buying at the long end. Academic opinion on the effectiveness of Operation Twist is divided. In any case, this episode was rather small in scale, did not involve explicit announcement of target rates, and occurred when interest rates were not close to zero. Return to text 12. The Fed is allowed to buy certain short-term private instruments, such as bankers' acceptances, that are not much used today. It is also permitted to make IPC (individual, partnership, and corporation) loans directly to the private sector, but only under stringent criteria. This latter power has not been used since the Great Depression but could be invoked in an emergency deemed sufficiently serious by the Board of Governors. Return to text 13. Effective January 9, 2003, the discount window will be restructured into a so-called Lombard facility, from which well-capitalized banks will be able to borrow freely at a rate above the federal funds rate. These changes have no important bearing on the present discussion. Return to text 14. By statute, the Fed has considerable leeway to determine what assets to accept as collateral. Return to text 15. In carrying out normal discount window operations, the Fed absorbs virtually no credit risk because the borrowing bank remains responsible for repaying the discount window loan even if the issuer of the asset used as collateral defaults. Hence both the private issuer of the asset and the bank itself would have to fail nearly simultaneously for the Fed to take a loss. The fact that the Fed bears no credit risk places a limit on how far down the Fed can drive the cost of capital to private nonbank borrowers. For various reasons the Fed might well be reluctant to incur credit risk, as would happen if it bought assets directly from the private nonbank sector. However, should this additional measure become necessary, the Fed could of course always go to the Congress to ask for the requisite powers to buy private assets. The Fed also has emergency powers to make loans to the private sector (see footnote 12), which could be brought to bear if necessary. Return to text 16. The Fed has committed to the Congress that it will not use this power to "bail out" foreign governments; hence in practice it would purchase only highly rated foreign government debt. Return to text 17. U.S. Bureau of the Census, Historical Statistics of the United States, Colonial Times to 1970, Washington, D.C.: 1976. Return to text 18. A tax cut financed by money creation is the equivalent of a bond-financed tax cut plus an open-market operation in bonds by the Fed, and so arguably no explicit coordination is needed. However, a pledge by the Fed to keep the Treasury's borrowing costs low, as would be the case under my preferred alternative of fixing portions of the Treasury yield curve, might increase the willingness of the fiscal authorities to cut taxes. Some have argued (on theoretical rather than empirical grounds) that a money-financed tax cut might not stimulate people to spend more because the public might fear that future tax increases will just "take back" the money they have received. Eggertson (2002) provides a theoretical analysis showing that, if government bonds are not indexed to inflation and certain other conditions apply, a money-financed tax cut will in fact raise spending and inflation. In brief, the reason is that people know that inflation erodes the real value of the government's debt and, therefore, that it is in the interest of the government to create some inflation. Hence they will believe the government's promise not to "take back" in future taxes the money distributed by means of the tax cut. Return to text 19. Some recent academic literature has warned of the possibility of an "uncontrolled deflationary spiral," in which deflation feeds on itself and becomes inevitably more severe. To the best of my knowledge, none of these analyses consider feasible policies of the type that I have described today. I have argued here that these policies would eliminate the possibility of uncontrollable deflation. Return </div> | | Monday, October 13th, 2008 | | 1:17 am |
Stock market up tomorrow, maybe again. Might hit 10k. I think it will go back down again. Maybe as soon as friday. Maybe as soon as tuesday. Maybe in 2 months. THey have not fixed the fundamental problems. I am not starting long term investing yet. If you were hoping for a blip up to bail out, this might be the only chance for a few years. /Still scared shitless. | | Sunday, October 12th, 2008 | | 12:15 pm |
| | Friday, October 10th, 2008 | | 9:24 am |
Cash.
I really, really reccomend getting enough physical cash to get you through a couple of weeks. There's gonna be big failures real soon, and tuesday morning might be too late, and the FDIC might take a long time to get you your cash. going grocery shopping sooner rather than later might be a good idea. Yep. I'm paranoid. But this is already worse than I thought it would be. | | Wednesday, September 17th, 2008 | | 12:02 pm |
| | Saturday, August 9th, 2008 | | 2:45 pm |
ANyone seen this from a more reliable source?
Cause it looks like were starting a war with Iran. http://europebusines.blogspot.com/2008/08/massive-us-naval-armada-heads-for-iran.htmlOperation Brimstone ended only one week ago. This was the joint US/UK/French naval war games in the Atlantic Ocean preparing for a naval blockade of Iran and the likely resulting war in the Persian Gulf area. The massive war games included a US Navy supercarrier battle group, an US Navy expeditionary carrier battle group, a Royal Navy carrier battle group, a French nuclear hunter-killer submarine plus a large number of US Navy cruisers, destroyers and frigates playing the "enemy force". | | Monday, July 14th, 2008 | | 12:04 am |
| | Monday, April 7th, 2008 | | 7:52 pm |
Damn terrarists.
Dinner plans cancelled on account of someone shooting at shit. Im fine, as is everyone else. However, if i don't get a fucking beer soon, I might start shooting. | | Wednesday, March 19th, 2008 | | 7:58 pm |
| | Sunday, February 17th, 2008 | | 5:33 pm |
SO things should really hit the fan after march.
But we wont know it.
"Due to budgetary constraints, the Economic Indicators service (http://www.economicindicators.gov) will be discontinued effective March 1, 2008."
http://www.economicindicators.gov/
I'm taking that stupid Bush refund... stimulus package ..."loan i cant refuse" and buying gold and euros with it. Or maybe silver and pesos.
Oh yeah, and adjust your IRS witholding to break even, If you have extra, they will take the 600 back out of your refund, but if you dont, they cant.
| | Thursday, August 16th, 2007 | | 11:36 pm |
Seen the economy lately?
WERE ALL DOOOOOOMED!!!*
*This message brought to you by the pessimistic reactionary loon, who's been reading the fringes of the internet. Who's bored, and drunk, and trying to figure out the yen carry trade, its relation to the current deflation and the price of gold, and how it affects the price of Guinness as a constant with regards to my paycheck. And those of you who know me realize, I am not kidding in the least. Guinness is a constant. Although the yen carry trade seems to be toast shitting itself JESUS CHRIST ITS A LION!! GET BACK IN THE CAR at the moment (No, really, it went down 3 3.8 points while i was typing this nonsense out. Thats more than its done in the past week.). And thats bad. But I don't understand why yet.
Seriously. If you are thinking of selling stocks, DO IT NOW! If you are thinking of selling a house, drop the price at least 20%, and DO IT NOW!
You've seen the sub prime crap in the news. Well, thats last months news, they're not even up to the real problems yet. This is just the beginning. Most of the sub primes haven't even reset yet. On to of that, all the GOOD mortgage arms are starting to reset, and a crapload of those folks aren't going to be making it.
If you are "in it for the long term"(20 years for stocks) or "this is my home, I'm not moving for 20 years", never mind, you'll manage. And DC is no longer "different" for housing. The bubble is gone.
I really think that this is going to be a society changing , long term economic destructive grinding, that will be spoken of in the same way as the great depression someday. I am probably very wrong. I really, really hope I'm wrong. But thats not where I've put my money.
Everyone I have read who makes sense seems to be of the opinion that there in no painless way out of the current mess. Either a short, sharp agony right now, or a long, drawn out pain.
Please, if you have a different opinion, and or data to back it up, please, please, post it. Nothing looks good to me. Maybe you can change my mind. But I recommend cash, money market or CDS, BEARX, and renting a house if you were thinking of buying. I do not yet recommend ammunition and alcohol. But Christmas is coming. And thats when the first rush of the arms will finish resetting. This is nowhere near done. Course, I'm a pessimist. And drunk. But I'm still afraid I might be right.
| | 8:52 am |
Damnit. Course, its is fox, probably a lie.
Man Reveals Legend of Mystery Visitor to Edgar Allan Poe's Grave Wednesday, August 15, 2007 
ADVERTISEMENT <A TARGET="_blank" HREF="http://ad.doubleclick.net/click%3B h=v8/35b0/3/0/%2a/k%3B123752875%3B7-0%3B 0%3B18330280%3B4307-300/250%3B22014789/2 2032679/1%3B%3B%7Eaopt%3D0/ff/ff/ff%3B%7 Efdr%3D123496634%3B0-0%3B1%3B13973121%3B 4307-300/250%3B22029952/22047842/1%3B%3B%7 Eaopt%3D2/0/ff/0%3B%7Esscs%3D%3fhttp://k odak.com/eknec/PageQuerier.jhtml?pq-path=1 0580&CID=go&idhbx=aio&pq-loc ale=en_US&_requestid=577&CID=BAC-M P8840505145"><IMG SRC="http://m1.2mdn.net/1386345/062707_3 00x250_inkstinks.gif" BORDER=0></A> BALTIMORE — The legend was almost too good to be true. For decades, a mysterious figure dressed in black, his features cloaked by a wide-brimmed hat and scarf, crept into a churchyard to lay three roses and a bottle of cognac at the grave of Edgar Allan Poe. Now, a 92-year-old man who led the fight to preserve the historic site says the visitor was his creation. "We did it, myself and my tour guides," said Sam Porpora. "It was a promotional idea. We made it up, never dreaming it would go worldwide." Porpora is an energetic, dapper fellow in a newsboy cap and a checked suit with a bolo tie. He's got a twinkle in his eye and a mischievous smile, and he tells his tale in the rhythms of a natural-born storyteller. No one has ever claimed ownership of the legend. So why is Porpora coming forward now? "I really can't tell you," Porpora answered. "I love Poe. I love talking about Poe. I had a lot to do with making Poe a universal figure. I'm doing it because of my love for the story." Porpora's belief that he resurrected the international fame of Poe, that master of mystery and melancholia, is questioned by some Poe scholars. But they do credit Porpora, a former advertising executive, with rescuing the cemetery at Westminster Presbyterian Church where the writer is buried. "I don't know what to say," said Jeff Jerome, curator of the Poe House in Baltimore, who has nurtured for years the legend of the so-called Poe Toaster. Confronted with Porpora's assertion that the whole thing is a hoax, Jerome reacted like a man who's been punched in the stomach by his beloved grandfather. He's sad. He feels betrayed. But he's reluctant to punch back. "He's like a mentor to me," Jerome said of Porpora. "And I can tell you that if it weren't for him, Westminster Hall may not be there. But to say the toaster is a promotional hoax, well, all I can say is that's just not so." Could it be, to quote Poe, that "all that we see or seem is but a dream within a dream"? Porpora's story begins in the late 1960s. He'd just been made historian of the Westminster Presbyterian Church, built in 1852. There were fewer than 60 congregants and Porpora, in his 60s, was one of the youngest. The overgrown cemetery was a favorite of drunken derelicts. The site needed money and publicity, Porpora recalled. That, he said, is when the idea of the Poe toaster came to him. The story, as Porpora told it to a local reporter then, was that the tribute had been laid at the grave on Poe's Jan. 19 birthday every year since 1949. Three roses — one for Poe, one for his wife, and one for his mother-in-law — and a bottle of cognac, because Poe loved the stuff even though he couldn't afford to drink it unless someone else was buying. The romantic image of the mysterious man in black caught the fancy of Poe fans and a tradition grew. In about 1977, Jerome began inviting a handful of people each year to a vigil for the mysterious stranger. The media began chronicling the arrivals and departures of a "Poe-like figure." In 1990, Life magazine published a picture of the shrouded individual. In 1993, he left a note saying "the torch would be passed." Another note in 1998 announced that the originator of the tradition had died. Later vigil-keepers reported that at least two toasters appeared to have taken up the torch in different years. For Jeffrey A. Savoye, secretary-treasurer of the E.A. Poe Society of Baltimore, the tradition acquired a life of its own. "Even if Sam's story is true, so what? It's a tradition. It's a nice tradition, whether it dates back to 1949 or the '70s," Savoye said. Members of the Poe Society insist they recall members of the old congregation — all now dead — talking about the Poe toaster before Porpora says he made it up. Stories since the 1970s refer to older newspaper accounts about the visitor. Jerome found a 1950 newspaper clipping from The (Baltimore) Evening Sun that mentions "an anonymous citizen who creeps in annually to place an empty bottle (of excellent label)" against the gravestone. Porpora's account isn't consistent. He said he invented the stranger in an interview with a reporter in 1967, but the story to which he refers appeared in 1976. Shortly afterward, the vigils and the yearly chronicles of the stranger's visits began. During the same interview, Porpora said both that he made the story up and that one of his tour guides went through a pantomime of dressing up, sneaking into the cemetery and laying the tribute on the grave. Porpora acknowledges that someone has since "become" the Poe toaster. "For us, it was a one-time thing. If I could have brought Edgar Allen Poe back to life, I would have — that would have been the biggest promotion of all," he said. "But who would have thought people would jump on it the way they did?" Jerome said the vigils will continue. "Next January 19, I'm going to keep the vigil — same as I've always done," he said. "Either he shows or he doesn't show. Either others join me or they don't. My guess is, this will not affect anything." | | Friday, July 20th, 2007 | | 6:51 pm |
Hey , to all the harry potter obsessed fans.
Could one of you check on the beginning of chapter 6 and let me know if they use the rons dads car to escape from the dragon? IM trying to find out if i read the real book or not. | | Wednesday, July 18th, 2007 | | 3:33 pm |
Just read the leaked harry potter.
Either its a geinus work of fraud, or its real.
1. The boat sinks.
2. Ron sees dead people.
3. Hermione, really a guy.
4. Kreacher killed him in the conservatory with a lead pipe.
5. Voldemort is blown up after a rag tag bunch of fighters shoot a photon torpedo up his hidden vent hole.
6: The death eaters were created when the ministry tried to pacify an entire planet using an airborne drug.
7: Hagrid is shot off of the owl tower by biplanes.
8: Harry originally got his magic when he took the red pill.
9: DObby throws his sock in the volcano.
10: Voldemort got his power from being bitten by a cursed spider.
11: Harry and hermionie, twins separtaed at birth. Oh yeah, and voldemorts his dad.
12: Hagrids zoo gets out of control, takes over the island.
13: Monkeys.
14: He uses the wall of the outhouse as a sail.
15: Draco uses the magic amulet to wipe out all the vampires.
16: Rosebud is a broom.
17: Snape is really Tyler Durden
18: Hogsmead is actually in the middle of downtown London, but no one knows it.
19: Harry is saved by a living stattue sent back in time by himself.
20: Hagrid tunnels out using a little rock hammer hidden in Hogwarts, a history.
21: Nevellie is Kaiser Soze
22: Its Mrs Weasleys head in the box they give to Mr. weasley.
23: Theyre all arrested at teh castel after a cop car pulls up and takes them off to jail.
24: Lucious Malfoy gets lost in the maze and freezes to death.
25: The entire D.A. dies defending the bridge.
26: Luna blows the monster out the airlock wile just wearing underwear.
Ok, i think ive covered all the spoilers.
Well, if it was a real book, im happy with it. If it wasnt, ill find out friday, and im still happy with it.
| | Wednesday, June 20th, 2007 | | 9:26 pm |
Why Jimbo hasnt bought a house yet.
stolen from : Housing Panic" scooby said...
I've been selling real estate the past 7 years and have been quite successful, that is until last June. I primarily marketed a northern suburb of Minneapolis which has experienced tremendous growth in the past 10 years.
Frankly, it's over. The housing market has officially crashed. Here are some recent sold statistics for the area I market:
March thru June 15
(2004) Sold 172 units
(2005) Sold 216 units
(2006) Sold 168 units
(2007) Sold 53 units (350 active listings)
During this same timeframe only 17 new construction listings have been sold. Of these, 6 of them were bank owned. Currently, there are approx. 130 active new construction listings.
Ok, so the housing bubble has popped; what does that mean for the average person? First, we are losing the largest manufacturing industry in the U.S. You will begin to see unemployment tick up, but many of these jobs were under the table. Meaning, the skilled workers were being paid cash. These individuals will not be able to file for unemployment. The loss of these jobs will bubble up over the next 1-2 years and will surface on the bottom lines of retailers like Home Depot and Lowes.
Second, as prices fall, home equity loans will be a thing of the past. Falling home prices are the single leading factor in the bubble burst. Prices started falling well before foreclosures were an issue. My estimation is prices began to fall in early 2005. Homes prices have now retreated to 2003-04 levels. Meaning a home that sold in 2005 for $250,000 is now selling for $220,000 (as long as it’s in perfect condition). Homeowners’ getting over their heads financially is nothing new; however; the difference now is they can’t just sell their house, because they owe more than it’s worth. I turned away 20+ listings this year due to homeowners being upside down on their mortgages. As a result, they are walking away and letting the banks foreclose on them. As more and more foreclosures (up 90% from last year) hit the market home prices will continue to be pressured downward. Before it’s over (if things don’t spin totally out of control) we will see price levels equal to the year 2000…Approximately, a 20% decrease in prices.
Now, you may say, “great, I can’t sell my house for what I owe on it. I will just stay and wait for the market to turn. I have a good job and can get use to the idea of staying in my home a little longer. This problem doesn’t really affect me.” Wrong, as more and more homeowners are unable to tap into their homes equity they will no longer be buying cars, 4 wheelers, big screen t.v.’s, computers, lawn tractors, updating kitchens, roofs or siding etc. Millions and millions of homeowners will be putting off discretionary spending out of necessity. This will result in a tremendous fallout in the retail sector of our economy, which in turn, will have a direct effect on the transportation and manufacturing industries. Many jobs will be lost and many more homes foreclosed.
Finally, as the housing market crashes, so does the tax roll of state, county and local governments. These institutions have built their budgets on the back of the housing surge during the past ten years. It will not be unheard of to see local governments going bankrupt, schools shutting down, police departments with skeleton crews and social programs slashed. You will quite literally see ghost towns, large developments with empty Mcmansions, because it made more sense to walk away than pay the exorbitant property tax.
Sounds depressing doesn’t it. Well, history shows that it will be depressing. This is exactly what happened before the stock market crash that lead to the Great Depression. "
I don't know who scooby is, but he does a hell of a good job of summing up my admittedly pessimistc view of the economy. I'm not even going into the inflation that they're not reporting, and Iraq war spending Halburton Oil based pyramid scheme. If you're planing on selling a house in the next 3 years, I'd say chop 15% of the price you want and sell NOW and rent for 3 years. The fun hasn't even started. Oh yeah, and that retirement fund in the dow? Good luck. Mines all in money market, bear funds, and bright shiny things. I ain't making anything, but I don't have to worry about where the retirement moneys evaporates to. I hope. Oh yea, this too.
Rate Rise Pushes Housing, Economy to `Blood Bath'
Current Mood:  pessimistic | | Friday, January 12th, 2007 | | 7:31 am |
Im fine.
SOmething blew up at embassy, probably construction related. I was in bed. No one was hurt. Going back to bed. Update: Looks like theyre thinking it was an RPG. Still going back to bed. Further update: I am evidently on fox news talking to a cop or something. I have no idea where/what this footage is from. |
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