Comments for "LA Times on Jim the Realtor"

Nemo says:

Congrats to Jim. He deserves it.

Nemo Thu Apr 2 00:02:20 2009 CDT #

CRbot says:

This comment thread has been CRC-IZED by yagij (CRbot helped a little).

href="http://realize.org/cr/crcizer/phpCRCo.php?path=%2F9139541703003708342&ord=asc&csslayout=reg&topic=LA+Times+on+Jim+the+Realtor

And for the stubborn old-timers... it's also been HALO-IZED by CRbot.

http://realize.org/cr/halokit.php?halourl=http://www.haloscan.com/comments/calculatedrisk/9139541703003708342

CRbot Thu Apr 2 00:03:20 2009 CDT #

Comrade & Capitalists says:

So the Los Angeles Times, a once mighty power, is doing a story on an internet blogger who "exposed the truth". I guess the times should just hire Jim and cut out the middle men.

Comrade & Capitalists Thu Apr 2 00:05:49 2009 CDT #

Blackhalo says:

Love the Jim the Realtor videos. Outside of bubbleland, one does not quite grasp the full flavor until one sees them.

Blackhalo Thu Apr 2 00:07:22 2009 CDT #

yagij says:

From the last thread:
"BTW, how do you link something in text? Say I want to link a page but I want "THESE WORDS" highlighted. How is that done?"
----
For now, you would need to do it manually via HTML **. Google "a href html tag" for the syntax.
** - It is planned to provide some simple GUI interface to do simple things like add URLs to comments, but we aren't there yet!

yagij Thu Apr 2 00:08:33 2009 CDT #

Kung Fu Panda says:

Comrade & Capitalists,
I guess you answered the question as to why newspapers are going out of business all over. People don't want to pay $20 a month for ads and press releases disguised as news stories.

I used to work at a company that was one of the largest employers in a certain Rocky Mt state. The local papers would print our press releases as stories verbatim, with maybe two sentences and the headline added.

Kung Fu Panda Thu Apr 2 00:15:48 2009 CDT #

Michael says:

Cape Coral April 1st Tea Party happened anyway despite being canceled.

http://www.youtube.com/watch?v=uptB9tScBnk

Michael Thu Apr 2 00:16:22 2009 CDT #

Kung Fu Panda says:

yagij,
Excellent work. It's amazing how one person can produce a better product than a company with VC backing. JS-Kit must be spending the money on fancy furniture.

Kung Fu Panda Thu Apr 2 00:18:05 2009 CDT #

1 currency now [yogi] says:

Citizen's arrest? Better make sure they don't have some good claim to title or they can legally shoot him in the balls.

If they were there taking shelter from a storm, they could shoot his balls in self defense.

1 currency now [yogi] Thu Apr 2 00:20:00 2009 CDT #

Blackhalo says:

"Citizen's arrest? Better make sure they don't have some good claim to title or they can legally shoot him in the balls."

In Texas, yes. But in Cali?

Parent Post

Blackhalo Thu Apr 2 00:31:41 2009 CDT #

hong konger says:

<tbody>

Sports-
Obviously, I can't speak for Byz. However, I am in awe of his gentle logic at times.

The same goes for Pavel (although I'm not a Christian). I must say I was very disappointed to see so much animosity toward Pavel and Homedad the other night.

However, in a similar way to them, I'm appreciative of the your thoughts and willingness to express yourself. I've gathered that you are of a liberal bent and that is good.

I personally refuse to accept the false dichotomy that is currently defined as: Democrat vs. Republican. However, perhaps I've seen too much and it has made me cynical.

In any case, America is a wonderful country.

In the spirit of our Founding Fathers, I bid you..."Good Tidings".

Like this comment? [yes] [no] (Score: 0 by 0)
Community assigned karma score: 0 by 0
Mark as offensive

re

</tbody>

hong konger Thu Apr 2 00:22:00 2009 CDT #

EvilHenryPaulson says:

slick CRCized system. Finally can post from an iphone or blackberry again. thanks guys

EvilHenryPaulson Thu Apr 2 00:22:04 2009 CDT #

ruh-roh says:

In the projections for the table above, the CBO has assumed no cost of living adjustments (COLAs) in 2010, 2011, or 2012 and a return to economic growth next year. If either of those assumptions proves wrong, the table above gets smoked to the downside. I give that a better than 90% chance of happening.
From a budget-busting perspective, last year where the US government had a $73 billion Social Security surplus to spend, this year it will be a paltry $16 billion and next year it will be a number indistinguishable from zero. It is hard to overstate the importance of this shift.
This means several things. Instead of $703 billion coming in over the next 10 years, the current (overly optimistic) projection calls for only $83 billion. This means at least another $620 billion in fresh borrowing will have to occur.
In the projections for the table above, the CBO has assumed no cost of living adjustments (COLAs) in 2010, 2011, or 2012 and a return to economic growth next year. If either of those assumptions proves wrong, the table above gets smoked to the downside. I give that a better than 90% chance of happening.
From a budget-busting perspective, last year where the US government had a $73 billion Social Security surplus to spend, this year it will be a paltry $16 billion and next year it will be a number indistinguishable from zero. It is hard to overstate the importance of this shift.
This means several things. Instead of $703 billion coming in over the next 10 years, the current (overly optimistic) projection calls for only $83 billion. This means at least another $620 billion in fresh borrowing will have to occur.

http://www.chrismartenson.com/blog/social-security-stunner-bankruptcy-nation-moved-several-years/15944

ruh-roh Thu Apr 2 00:23:23 2009 CDT #

hong konger says:

Sorry fellas/gals bout the script.

hong konger Thu Apr 2 00:23:46 2009 CDT #

Comrades & Capitalists says:

King Fu Panda,
I am very familiar with the tactics of the newspapers. They really are mouthpieces for whatever group holds power over them. I think your idea said another way, is the reason they are going broke is because blogs are exposing their made up news.

Comrades & Capitalists Thu Apr 2 00:24:08 2009 CDT #

1 currency now [yogi] says:

Bberg repost:

Taxpayer Loses’

Nobel prize-winning economists Paul Krugman, a professor at Princeton University in Princeton, New Jersey, and Joseph Stiglitz, a professor at the Business School of Columbia University in New York, blasted Geithner’s plan for putting the taxpayer on the hook for losses with what they say is little likelihood of success.

“The Geithner plan works only if and when the taxpayer loses big time,” Stiglitz wrote in the New York Times this week. “With the government absorbing the losses, the market doesn’t care if the banks are ‘cheating’ them by selling their lousiest assets, because the government bears the cost.”

Krugman wrote in the Times last month that “Obama is squandering his credibility” with the plan.

1 currency now [yogi] Thu Apr 2 00:26:00 2009 CDT #

Anonymous says:

When will we be getting a real comment system?

Anonymous Thu Apr 2 00:27:23 2009 CDT #

Comrades & Capitalists says:

In Orange Co. CA, our local paper the Orange County Register has long been a mouthpiece for the local republican clubs. Republicans run around here pretending to support the troops, demanding immigration reform and screaming for balanced budgets. The Register prints their blather, unchecked. People have been able to find on the internet, that the republicans have in fact held secret trials at Camp Pendelton, sending our own soldiers to prison, they have allowed illegals to invade our nation and imprisoned our own INS agents for protecting our children against invading drug dealers and they invented the bailout and deficit spending. Republicans still can't figure out why their own constituents have left them.

Comrades & Capitalists Thu Apr 2 00:29:06 2009 CDT #

Blackhalo says:

"I think your idea said another way, is the reason they are going broke is because blogs are exposing their made up news."

Superb point. I have seen several instances where the MSM and the Pres himself, deride blogs and the internet. I will not be too sad to see the MSM go. Community journalism is the way to go. No barriers to entry, yet. It does not take a journalism degree from a prestigious uni to communicate useful info. For TPTB, the world is turning upside down.

Also, as much as they deride blogs, the are reading them, or having thier minions do so.

Blackhalo Thu Apr 2 00:29:29 2009 CDT #

Comrade Bear (tj and the bear) says:

I guess the times should just hire Jim and cut out the middle men.

The Times has never been interested in facts & truth. This story was obviously the exception that proves the rule.

Comrade Bear (tj and the bear) Thu Apr 2 00:30:19 2009 CDT #

Napolean says:

Kung Fu Panda said on 2009-04-02 00:18:24

yagij, Excellent work. It's amazing how one person can produce a better product than a company with VC backing.

The system awards incompetence. The idea is only financial folks are worth money. Anything else is just a problem that will eventually be solved given enough monkeys jumping on typewriters enough time and they will...

Napolean Thu Apr 2 00:30:20 2009 CDT #

yagij says:

@EHP:

iPhones don't seem to like the "main" layout. The screen doesn't tend to scroll which is why I wrote a separate CSS that takes the output and makes it mobile friendly. (In other words, the HTML is the same for both links, but it is the CSS that makes everything appear differently.)

That side has been neglected as of late, but it is my hope and intention to have it just as easy to use as the "main" one.

yagij Thu Apr 2 00:31:50 2009 CDT #

CRbot says:

CRCizer can actually act as its own comment system. This is one of the things I was trying to explain. It synchronizes with JS-kit because JS-kit is the official comment system, but its not necessary.

If desired, CR could link directly to CRCizer and then we could just turn off JSkit synchronization.

This also means that if JSkit goes down, CRCizer will still function fine on its own.

CRbot Thu Apr 2 00:32:19 2009 CDT #

lawn grass says:

Back in our house hunting days we looked at things that would have made these videos. The house that was a converted meat locker with the aluminum grocery store door, the root cellar opening inside the house, the carport converted to living space with red painted poles in the room and the utility sink for a kitchen sink. Or the house with the 5% sloping floor in the porch converted to a kitchen, no water supply, a wood stove in the basement with no ductwork to the house, and the burn marks on the wall where it appeared lightning had followed the wiring. I wish I would have had a video of these and others.

lawn grass Thu Apr 2 00:35:16 2009 CDT #

otishertz says:

nice work yagij and bri. o0{)~

otishertz Thu Apr 2 00:36:19 2009 CDT #

hong konger says:

No offense anon, but, some of us are willing to stick with whatever Bill wants to do. For how ever long he wants to do it. B/C, well, it's his space and we're just appreciative to enjoy it from time to time.

That's the funny thing about private property, no? He owns it. We just get to intrude on his play time.

I just hope he doesn't "give us the finger".

Thanks again, CR. It's been almost four years now. I've really enjoyed connecting with you and all the like minds/commenters.

hong konger Thu Apr 2 00:36:38 2009 CDT #

Comrades & Capitalists says:

BAILOUT TALLY:

http://money.cnn.com/news/specials/storysupplement/bailout_scorecard/index.html

10.5 Trillion allocated so far (FDIC excluded)

Comrades & Capitalists Thu Apr 2 00:36:44 2009 CDT #

reptillian says:

One thing to be aware about, re: citizen's arrests: a "citizen" doesn't have the immunity that a police officer has, so the citizen had better be right about the arrest. What the police officer's immunity does is that it eliminates the officer's personal responsibility for anything that might go wrong, although the city could be found liable for a mistake.

reptillian Thu Apr 2 00:37:27 2009 CDT #

1 currency now [yogi] says:

The NYT had a large color ad on the front page again today. Don't those fools realize I am LESS likely to buy their product?

Consumers have more power than we think if we maintain some discipline.

1 currency now [yogi] Thu Apr 2 00:39:16 2009 CDT #

EvilHenryPaulson says:

yagij, CRCBot,
Whatever, I like it already.

If you do want feedback, I suggest a cookie to remember the Name field or if it's just me, I'm using Safari 4 right now

EvilHenryPaulson Thu Apr 2 00:39:39 2009 CDT #

Broward Horne says:

"yagij,
Excellent work. It's amazing how one person can produce a better product than a company with VC backing"
----

That's a function of tool leverage, scope and size of knowledge domains. The mythical man month is not a simple formula, it's a four-dimensional statistical distribution. Over time, domains change size, tools change leverage, impossible projects become possible and hard projects become easier (and often unprofitable).

Broward Horne Thu Apr 2 00:40:21 2009 CDT #

1 currency now [yogi] says:

I see now how you beat Kasparov, not with artificial thinking but with the consolidated work of your human masters. Keep crunching, botbaby.

1 currency now [yogi] Thu Apr 2 00:42:02 2009 CDT #

Blackhalo says:

How do you "short sell" a house?

Blackhalo Thu Apr 2 00:42:11 2009 CDT #

yagij says:

@EHP:
Yeah, it's on the To Do list too (e.g. Simple configuration like storing Name, Email, etc). Also want to incorporate the OpenID stuff and other things. Either way, I'm glad you like it. I've been using it on my iPhone for the past few weeks and it is made following CR's comments much easier when I'm on the go.

yagij Thu Apr 2 00:43:44 2009 CDT #

Black Star Ranch says:

Federal Pension Insurer Shifted to Stocks Last Year

"the Pension Benefit Guaranty Corporation approved a more aggressive allocation of fund assets at just about the worst possible moment......Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks.

http://optionarmageddon.ml-implode.com/2009/03/31/federal-pension-insurer-shifted-to-stocks-last-year/

Black Star Ranch Thu Apr 2 00:43:59 2009 CDT #

Jamie says:

They were ordered to buy stocks to keep the whole thing turning over. Suckers were in short supply.....

Parent Post

Jamie Thu Apr 2 06:22:58 2009 CDT #

DCRogers says:

Jim must certainly be the reincarnation of HST... anyone who has watched his videos driving while filming has felt sweaty palms knowing he shouldn't be doing that!

Moby props, Jim.

DCRogers Thu Apr 2 00:44:22 2009 CDT #

sportsfan says:

hong konger,

I see the excess code monster got you. I have been told, but have not verified, that a simple copy and paste picks up all that crazy code and that the solution is to copy to something like Notepad, then copy from Notepad into the comment block. Warning: I have no knowledge of IT stuff.

I missed the action concerning Pavel and homedad, so I can't comment. Personally, I'm certainly not a member of any organized religion. The free exercise of religion is, however, very important to me for reasons previously stated. In fact, it's just as important as the separation of Church and State. Funny how those concepts go together.

I wear my politics on my sleeve. I've never voted for a Republican, but there have been times when I have chosen not to vote.

Let me ask about Disney Hong Kong. Have you ever been there and what do you think of it?

sportsfan Thu Apr 2 00:45:25 2009 CDT #

Greenlander says:

Jim is simply awesome. I read his blog every day.

Greenlander Thu Apr 2 00:45:32 2009 CDT #

otishertz says:

man, those cape coral tea partyers are the worst dressed people in the world. cape coral is the town where it was illegal to park a pickup in your own driveway.

more power to them for getting it up to protest though. florida is the crucible which all things get twisted. it is going to morph into something bizarre and uniquely american like maybe gangs of geezer outlaws in queer leather and cock pieces robbing 24 hour pharmacies for the pills.

otishertz Thu Apr 2 00:48:59 2009 CDT #

1 currency now [yogi] says:

"quel", Canuck.

Parent Post

1 currency now [yogi] Thu Apr 2 00:54:44 2009 CDT #

otishertz says:

everyone knows don't walk in on squatters in the rain or they legally shoot balls

otishertz Thu Apr 2 00:55:04 2009 CDT #

sportsfan says:

EHP, what is that chart saying?

Please understand that, with his charts, CR throws in one or two sentences so that we have a context.

sportsfan Thu Apr 2 00:56:20 2009 CDT #

EvilHenryPaulson says:

http://boards.fool.com/Message.asp?mid=27047891

yogi posted a link to a motley fool forum post of a mortgage pool

Here is the chart http://img13.imageshack.us/img13/5858/ehpo.png

quelle horreur (yes I did correct myself with a repost, btw horreur is feminine just an accidental apostrophe)

EvilHenryPaulson Thu Apr 2 00:57:49 2009 CDT #

sportsfan says:

Okay, got it from the second link.

sportsfan Thu Apr 2 00:58:19 2009 CDT #

1 currency now [yogi] says:

Oh yeah, and go easy on Homedad and Pavel. We get slower, but wiser.

"It'll happen to you."

Abe Simpson

1 currency now [yogi] Thu Apr 2 00:58:23 2009 CDT #

EvilHenryPaulson says:

sportsfan
A company called novastar mortgages bundled some mortgages into a pool, or an MBS.

That is chart of % of expected payments not being made. Non-payment can be 1 month behind, 2 months behind, 3+ months behind, being foreclosed, REO which is bank owned

EvilHenryPaulson Thu Apr 2 01:00:50 2009 CDT #

1 currency now [yogi] says:

Oops. Forgot about Jeanne D'Arc.

1 currency now [yogi] Thu Apr 2 01:02:51 2009 CDT #

Broward Horne says:

"Community journalism is the way to go"

------

Will still only reflect what the general public can accept. The Bubble still happened, the Crash still happened with most everyone in denial the entire time. There's an optimum range of diversity that the population can deal with. People think in models, abstractions, and their purpose is to hide detail, which means they are never accurate.

Broward Horne Thu Apr 2 01:05:37 2009 CDT #

Jamie says:

Everyone I knew who owned a house said prices would never drop and at worst would level out, now they are all saying the worst is over. People talk and live their Book all the time. I mean the stockmarket is sure to drop anyday now right......

Parent Post

Jamie Thu Apr 2 06:39:51 2009 CDT #

Comrade Kristina says:

Why when I watched this video did I instantly thing of CSC?

Comrade Kristina Thu Apr 2 01:06:36 2009 CDT #

EvilHenryPaulson says:

do ignore the dates along the bottom, should be from sep 2006 to aug 2008

the surge in 3+ months non-performing came in Dec 2007. Guess that's when the foreclosure/reo/short sale pipeline got backed up

EvilHenryPaulson Thu Apr 2 01:06:55 2009 CDT #

EvilHenryPaulson says:

also looks like they waited until May 2008 before moving those 3+ mths delinquent into foreclosure

do expect another listings boost which will exacerbate price declines again this year

Parent Post

EvilHenryPaulson Thu Apr 2 01:09:21 2009 CDT #

1 currency now [yogi] says:

Anyway, even if only 15% were defaulted, and were foreclosed cheaply with a recovery of 50 cents/$, if the pool was at 6%, that's a huge hit to the bond, with no guarantees on the remaining 85%.

1 currency now [yogi] Thu Apr 2 01:11:34 2009 CDT #

sportsfan says:

Yes, EHP, did get it and even accounted for the dating. Thanks

sportsfan Thu Apr 2 01:14:20 2009 CDT #

1 currency now [yogi] says:

Not to mention the CMO's squared, synthetic....Ponzified.

1 currency now [yogi] Thu Apr 2 01:15:55 2009 CDT #

EvilHenryPaulson says:

http://marketplace.publicradio.org/display/web/2009/04/01/pm_new_staging/
As desperation sets in among home sellers, some are using actors to simulate lively neighborhoods in otherwise empty developments. Mitchell Hartman reports this April 1 exclusive.

EvilHenryPaulson Thu Apr 2 01:16:51 2009 CDT #

1134 says:

The sunspot cycle is behaving a little like the stock market. Just when you think it has hit bottom, it goes even lower.

2008 was a bear. There were no sunspots observed on 266 of the year's 366 days (73%). To find a year with more blank suns, you have to go all the way back to 1913, which had 311 spotless days: plot. Prompted by these numbers, some observers suggested that the solar cycle had hit bottom in 2008.

Maybe not. Sunspot counts for 2009 have dropped even lower. As of March 31st, there were no sunspots on 78 of the year's 90 days (87%).

http://science.nasa.gov/headlines/y2009/01apr_deepsolarminimum.htm

1134 Thu Apr 2 01:22:34 2009 CDT #

sportsfan says:

As desperation sets in among home sellers, . . .

Anecdote from Bubbleville, CA: for some houses, there are now multiple bids, including bids above the listing price. I confirmed this with multiple sources this evening. Also, the banks aren't interested in package deals. They can do better selling them one at a time.

Now, 95% of all sales are FHA or cash. No illusion about a return to yesteryear. The buyers are basically former renters, i.e., first-timers, or folks who have come from 'down below' where relative prices are much higher.

There are still plenty of houses available under $100K, whether its the older stuff or the less desirable newer tracts. But there is change in the wind.

Call them knife-catchers if you want. There are a lot of sales happening.

Private home sellers might well be desparate. I don't see how they can compete with the REOs and I expect the volume of REOs to continue. Prices, though, may have stablized.

sportsfan Thu Apr 2 01:35:29 2009 CDT #

sportsfan says:

BTW, I really like Jim the Realtor. If I ever wanted to live in SD County, I would definitely talk to him first.

sportsfan Thu Apr 2 01:40:25 2009 CDT #

Broward Horne says:

"Prices, though, may have stablized"
----

Unlikely.

Broward Horne Thu Apr 2 01:48:37 2009 CDT #

1 currency now [yogi] says:

Sportsfan did you catch this:

http://tpmmuckraker.talkingpointsmemo.com/2009/03/lawmakers_call_on_bailout_ig_to_probe_aig_counter-.php#more

A. Cuomo is digging as well.

1 currency now [yogi] Thu Apr 2 02:01:25 2009 CDT #

CRbot says:

The Latest from Yves:

Japanese Expert Criticizes US Wishful Thinking on Economic Crisis

CRbot Thu Apr 2 02:20:37 2009 CDT #

sdtfs says:

Hey, to my surprise I like the CRC echo chamber! I like the right hand commenter list, but the empty spaces between names could go. Some times you guys here restore my faith in human nature,...thanks.

sdtfs Thu Apr 2 02:25:46 2009 CDT #

sdtfs says:

Sorry, I mean I like the CRC Mirror. When I look in it, I see an intelligent thoughtful, super witty commenter,...must be the lighting,...or is it one of those Fun House mirrors?

sdtfs Thu Apr 2 02:35:49 2009 CDT #

Broward Horne says:

"How Japan finally turned around in the 1990s crisis"

Yeah, now that is some wishful thinking.

http://finance.yahoo.com/q/bc?s=^N225&t=2y&l=on&z=m&q=l&c=

Broward Horne Thu Apr 2 02:39:16 2009 CDT #

CRbot says:

The Latest from Yves:

Links 4/2/09

CRbot Thu Apr 2 02:48:28 2009 CDT #

Jay D. says:

.....................Hangseng +7 .......and other major asian indesx rallied.......european markets opened +2........they dont seem to care about US unemployment data.........

Jay D. Thu Apr 2 02:58:26 2009 CDT #

Blackhalo says:

"Prices, though, may have stablized."

As a function of income, where are you at?

Blackhalo Thu Apr 2 03:03:10 2009 CDT #

Jay D. says:

..........Prices, though, may have stablized."...........

..........As a function of supply / demand .......nature's law...............

Jay D. Thu Apr 2 03:04:52 2009 CDT #

Maximus says:

CR

Great to see you and other media give Jim the Realtor the attention he deserves. I featured a couple of his best blog entries on my 4best list 2 weeks ago for any interested readers.

Also have an interesting note about new Obama appointee Greg Mankiw.

Best to all

Maximus
http://4best4worst.wordpress.com/

Maximus Thu Apr 2 03:12:36 2009 CDT #

fresno dan says:

Jim the Realitor is hilarious!!! I really enjoy that deadpan on the insanity that was LA real estate

fresno dan Thu Apr 2 03:40:23 2009 CDT #

CRbot says:

The Latest from Ritholz:

AIG: Before Credit Default Swaps, There Was Reinsurance

CRbot Thu Apr 2 04:38:09 2009 CDT #

CRbot says:

The Latest from Mish:

Geithner's Gift To Pimco

CRbot Thu Apr 2 04:44:23 2009 CDT #

Ponzi Tree says:

bailout cartoon and photo slideshows

http://dailybail.com/home/we-now-have-slideshows-bailout-cartoons-photos.html

some pretty good.

Ponzi Tree Thu Apr 2 04:54:58 2009 CDT #

Anonymous says:

U.S. workers worried about layoffs:survey

The quarterly survey conducted for Glassdoor.com, an online career site that posts salaries and workplace reviews, found 26 percent of those polled now fear being laid off in the next six months.

A growing number of workers say they are willing to accept a salary cut or forfeit vacation time to keep their jobs.

Forty percent now say they would take a cut in pay, compared with 30 percent at the end of 2008, while 30 percent now say they would forfeit time off, compared with 24 percent at the end of last year, the survey found.

http://www.reuters.com/article/domesticNews/idUSTRE5310R420090402

Anonymous Thu Apr 2 05:04:10 2009 CDT #

REBear says:

http://earth2tech.com/2009/04/01/another-700-solar-jobs-bite-the-dust/

GE Solar and BP Solar have axed more than 700 jobs.
The deepest cuts are at BP Solar. The company announced plans yesterday to eliminate 620 jobs (more than a quarter of BP Solar’s workforce)

REBear Thu Apr 2 05:12:05 2009 CDT #

nova says:

This is beautiful Yogi. May the winds of fortune blow gold dust in your ears

nova Thu Apr 2 05:29:48 2009 CDT #

Anonymous says:

Crocs offers to buyback underwater employee stock options
http://www.iii.co.uk/news/?type=afxnews&articleid=7252405&action=article

What a crock!

Anonymous Thu Apr 2 05:36:02 2009 CDT #

Anonymous says:

Citizen's arrest? What a prick.

Anonymous Thu Apr 2 05:45:11 2009 CDT #

1 currency now [yogi] says:

I happen to be long windmills. Who needs gold?

1 currency now [yogi] Thu Apr 2 06:22:11 2009 CDT #

CRbot says:

The Latest from Yves:

Guest Post: Pensions Face Severe, Synchronized Downturn

CRbot Thu Apr 2 06:22:22 2009 CDT #

ATM card and $19 in the bank says:

“…good claim to title or they can legally shoot him in the balls.

…they could shoot his balls in self defense.”

Wow. 1 currency now [yogi] went to one tough law school. Wonder what they discussed in class…

Civ Pro: You could file a 12b-6 motion, or you can just shoot Plaintiff in the balls.

Torts: If you get shot in the balls at a firing range, Defendant can argue assumption of the risk.

Contracts: UCC might provide a remedy, or you can point a gun at Seller’s balls and try to settle.

Bet nobody ever said, “I’m not prepared” at that school.

ATM card and $19 in the bank Thu Apr 2 06:26:21 2009 CDT #

Alo says:

Hey everyone! Happy build a monument to the lie, er, repeal mark to market day! let the bank stocks soar, as john aschroft would warble.

Alo Thu Apr 2 06:48:17 2009 CDT #

Outsider says:

CR, Let's see a housing article from this coast for a change:

http://money.cnn.com/2009/04/02/real_estate/Manhattan_market_prices/index.htm?postversion=2009040206

Housing Bust Hits Manhattan

It appears the War between the North and the South has nothing on the War between the Buyers and the Sellers

Outsider Thu Apr 2 07:02:13 2009 CDT #

Counterpointer says:

Outsider - thank you, I personally think the NY CRE bust is going to make Jim the Realtor waayy jealous about the HST possibilities.

Won't happen in DC, cos there's so much damned gov.

Best info recently, DHS is moving to St Elizabeths, the former mental hospital in Anacostia.

Fk me, you can't make this stuff up.

C

Counterpointer Thu Apr 2 07:22:58 2009 CDT #

Basel Too says:

dow 8K today!

Basel Too Thu Apr 2 07:24:51 2009 CDT #

Jim the Realtor says:

Thanks CR for including this - IOU!!

Jim the Realtor Thu Apr 2 07:27:26 2009 CDT #

Anonymous says:

Japan pays jobless incomers to go
http://news.bbc.co.uk/2/low/business/7978233.stm

Get your sorry ass out of here and don't ever come back. =-X

Anonymous Thu Apr 2 07:28:39 2009 CDT #

bobn says:

This story was obviously the exception that proves the rule.

No exception "proves the rule". That expression is a last gasp of desperation in nay argument.

bobn Thu Apr 2 07:31:43 2009 CDT #

Counterpointer says:

Jim - go to sleep dammit. We need you in peak form tomorrow.

Got any mates in New York. I wanna NY CRE Jim reporting live.

C

Counterpointer Thu Apr 2 07:31:48 2009 CDT #

Comrade Byzantine_Ruins says:

Citizen's arrest? Better make sure they don't have some good claim to title or they can legally shoot him in the balls.

If they were there taking shelter from a storm, they could shoot his balls in self defense.

Agreed. I was just thinking that he was right up on false imprisonment or kidnapping unless they are a formal legal "agent" of the owner and the local trespassing laws are VERY generous to ownership. I know around here, you had better speak from authority and have advised them to leave and had the advisement declined before you escalate, regardless of if you're about to shoot them or just asking them to leave your grass.

Consider the situation from the defendant's point of view -- he wakes up to find someone securing his wrists with nylon zip ties while a video camera rolls. What would your resonse be? At least around here, kidnapping is assumed to be a prelude to murder most grotesque, and you are permitted to defend yourself against it with mortal blows.

I have to say I would not feel bad for zapping Jim in the face with a Glock and then finding out he's a zany video-blogging realtor, and I don't know that the court would think I should either. Regardless, anything like that is really stupid and you should never do it unless you are restraining someone from escaping the scene of some violent felony. Restraining another person is a very serious legal act, tantamount to killing them.

Comrade Byzantine_Ruins Thu Apr 2 07:32:41 2009 CDT #

Counterpointer says:

Byz - agree on the legal point, but it's fun to watch...

Man, imagine trying that in Virginia. Hoomama. The pickups and gunracks are only the public expression of a certain 2nd Amd way of life.

C

Parent Post

Counterpointer Thu Apr 2 07:37:03 2009 CDT #

Dirk van Dijk says:

initial claims -669, 4 wk avg -657
continuing claims 5.73 mil up from 5.57

Dirk van Dijk Thu Apr 2 07:34:41 2009 CDT #

MrM says:

Jobless claims - a bit worse than expected
Continuing - Actual 5,728K vs 5,590 Expected
New 669K Actual vs 650K Expected

The again, who cares about jobs when the car sales are not as disastrous as expected?

MrM Thu Apr 2 07:37:10 2009 CDT #

lawn grass says:

bad mood rising

http://www.ritholtz.com/blog/2009/04/aig-before-credit-default-swaps-there-was-reinsurance/

lawn grass Thu Apr 2 07:39:08 2009 CDT #

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CRbot Thu Apr 2 07:44:48 2009 CDT #

Tom Stone says:

"The Exception proves the Rule" is Archaic english and almost universally misunderstood.Translated into modern usage it would be " the exception tests the rule".The use of "proves" comes from the habit of members of the guild of gunmakers in Great Britain who would send fireararms to a proof house where they would be loaded with a much larger charge of powder and ball and touched off remotely to see if they were sound,or would blow up.Most firearms are still "proven" with what is called a "blue pill" load which generates pressures much higher than normal.

Tom Stone Thu Apr 2 08:05:25 2009 CDT #

Anonymous says:

Jim's videos are hilarious. I tend to think all realtors are retards, but he's exceptional.

Anonymous Thu Apr 2 09:16:16 2009 CDT #

Anonymous says:

"Japan pays jobless incomers to go
http://news.bbc.co.uk/2/low/business/7978233.stm

Get your sorry ass out of here and don't ever come back. "

Notice it's foreign workers, at least they take care of their own.

I've long thought US cities should do stuff like this. End up paying for itself in the long run.

Anonymous Thu Apr 2 11:56:25 2009 CDT #