tag:blogger.com,1999:blog-22535876.post3554162696376281351..comments2023-10-20T07:59:45.124-07:00Comments on Sonoma Housing Bubble : Your Democracry is an IllusionAthenahttp://www.blogger.com/profile/15944962059749126687noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-22535876.post-9672174445116149032009-02-04T10:59:00.000-08:002009-02-04T10:59:00.000-08:00HHB- you are SO right! I will get on it today. A...HHB- you are SO right! I will get on it today. And... I am happy to be WRONG about the buyer's revolution prices and thrilled that the prices should be even lower. My buyer's revolution price was allowing for 5% increase for each year since 1999 and I didn't like that- but it was what was being recommended by people smarter than me. I am happy to be wrong about this as the prices will end up even lower. Good for buyers, good for the market, good for all!Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-47209869810030169022009-02-04T10:16:00.000-08:002009-02-04T10:16:00.000-08:00Athena, You should do a post to kick off 2009 upda...Athena, <BR/>You should do a post to kick off 2009 updating the current value of the price reductions you've posted on over the years.<BR/><BR/>Your "buyers revolution prices" might actually have been too high :).HHBhttps://www.blogger.com/profile/14901264693644102099noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-27058405969180155432008-10-05T22:41:00.000-07:002008-10-05T22:41:00.000-07:00"I only wish I had a limo service in DC,with 30,00..."I only wish I had a limo service in DC,with 30,000 Lobbyists they are moving thousands of Hookers,literal tons of cash and Coke in ten pound lots"<BR/><BR/>Nice mental image... sounds like a typical Friday night in Vegas but the dirty old men are in suits.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-65650294912676989852008-10-03T12:03:00.000-07:002008-10-03T12:03:00.000-07:00On another note, did anyone catch Warren Buffet on...On another note, did anyone catch Warren Buffet on Charlie Rose (PBS) yesterday? To paraphrase, when Charlie asked Buffet if Wall Street was "broken", WB danced around the subject and said Wall st. worked well. Riiiight--it made a few people very rich, but at what <I>cost to society</I>? I suppose that's <I>immaterial</I> to these great financial minds. <BR/><BR/>So why are these ruthless guys held in such high esteem--simply for their $$$$? Our society has made the accumulation of wealth the highest criteria for "success"--which might explain why so many--from J6P to execs have become remorseless <I>grifters</I> to whatever available scam. If this trend continues, the cost could be society's inevitable self-destruction.marine_explorerhttps://www.blogger.com/profile/03092782038855356359noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-27818367011818158912008-10-02T06:44:00.000-07:002008-10-02T06:44:00.000-07:00I called all of them this morning.All of the Mailb...I called all of them this morning.All of the Mailboxes were full.I called Woolsey and Thompson at their DC offices and got humans.Call THEM!"Naked Capitalism" has some excellent coverage on the problems with this bill which i recommend highly to anyone who wishes to further inform themselves.Hyper Inflation anyone?and it was Glass-Steagall fyi.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-10270216674736997592008-10-01T20:25:00.000-07:002008-10-01T20:25:00.000-07:00This has not been a good week for me,my computer c...This has not been a good week for me,my computer crashed monday at 6 am,and I have been trying to follow this on TV which may have caused permanent brain damage.Freaking Teletubbies are better educated and more intelligent than the media people.The House will vote friday,and may well pass this bill.Call your Representatives!This bill is a worse idea than invading Iraq was and passage will kill any trust in our financial system and guarantees a greater depression.I only wish I had a limo service in DC,with 30,000 Lobbyists they are moving thousands of Hookers,literal tons of cash and Coke in ten pound lots to pass this abomination.Weimar anyone?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-31084317120107477082008-09-30T17:50:00.000-07:002008-09-30T17:50:00.000-07:00Did you see that the Senate is planning on voting ...Did you see that the Senate is planning on voting on this tomorrow? WTF?Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-17202779607292673122008-09-30T17:47:00.000-07:002008-09-30T17:47:00.000-07:00"...without following a path subject to public out...<I>"...without following a path subject to public outrage?"</I><BR/><BR/>--too late! Everyone has this in their sights now...there's no return to complacency, and in fact I expect much more outrage to surface over the coming months. Think about it...people have been simmering for years on various neglected issues, and they're just beginning to re-direct once sublimated anger openly. So once the credit cookie jar is taken away, the anxiety that was poured into a consumerist <I>soma</I> for decades will now be directed at the scapegoats of their unhappiness. It will be an ugly transformation of American society.marine_explorerhttps://www.blogger.com/profile/03092782038855356359noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-59738068470039086532008-09-30T08:51:00.000-07:002008-09-30T08:51:00.000-07:00Did you see this today? "Mr. Bush said Tuesday th...Did you see this today? <BR/><BR/><I>"Mr. Bush said Tuesday that the economy is depending on "decisive action on the part of our government." <BR/><BR/>He said he wanted to "assure our citizens and citizens around the world that this is not the end of the legislative process." <BR/><BR/>He also said <B>"it matters little what path a bill takes to become law. What matters is that we get a law.</B> We're at a critical moment in our economy."</I><BR/><BR/>Is he threatening to get this passed without following a path subject to public outrage? <BR/><BR/>Has he confused himself with being a dictator?Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-72696309751314325362008-09-30T07:50:00.000-07:002008-09-30T07:50:00.000-07:00What a crazy point in history. I am neither an ec...What a crazy point in history. I am neither an economist or politician but something does not smell right with this entire situation. Big $$$ being thrown around as if our country and government had it to spare.<BR/><BR/>On a positive note - we made an offer for a REO house in Petaluma and the bank accepted! I'd guess the market turmoil helped us out a bit. They seemed very eager even though we offered a 2001 price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-67990598309417284692008-09-30T06:52:00.000-07:002008-09-30T06:52:00.000-07:00The title of your post is an appropriate one. I gu...The title of your post is an appropriate one. I guess this was a republic that is still one formally, but has become increasingly oligarchical (or, as some say, "oiligarchical"). I think that the new term "kleptocracy" deserves greater currency, given the upwards distribution of wealth. <BR/> Athena, thank you for mentioning Glass-Steigel. I agree, why not bring it back. Oh, that's right, it doesn't fit into well with the latest kleptocratic paradigm. <BR/> Thank you for all the the Great Depression references you have used on this blog, especially the visuals. <BR/> I don't see this bailout being the last, but you know that already on this blog. Wait until the next round of Option-ARM resets.<BR/> These are such interesting times; I can't wait for life to be "fucking boring" again.tom12008https://www.blogger.com/profile/04602399795993420589noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-41272483218362013432008-09-29T18:26:00.000-07:002008-09-29T18:26:00.000-07:00ME- I think I just figured out what is with the ti...ME- I think I just figured out what is with the title of this bill... note it is to AMEND an existing bill- rather than a new bill...<BR/><BR/><B>Article 1. Section 7. All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.</B><BR/><BR/>If this is an amendment to an existing bill they are completely rewriting to suit their purposes it allows the Senate to end run the dissenting congress...? Is this correct?<BR/><BR/>Is this why there are some hinting that the Senate might take direct action to get this thing passed?Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-40216381399883258172008-09-29T15:07:00.000-07:002008-09-29T15:07:00.000-07:00I just had dental implant surgery last Friday si I...I just had dental implant surgery last Friday si I am watching all of this through a semi pain pill clouded haze, believe me it doesn't make it look any better.moonvalleyhttps://www.blogger.com/profile/12058991195867052788noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-2292085377159583622008-09-29T14:56:00.000-07:002008-09-29T14:56:00.000-07:00I think we shouldn't let up on them. Say thank yo...I think we shouldn't let up on them. Say thank you to the ones that voted against, but keep reminding them we are not going to foot the bill for those responsible for this mess. When they start holding those offenders responsible then they will enjoy public support.<BR/><BR/>since they are so into redistributing wealth- let's see some redistribution of the profits made by all the bozos part of this mess!!!<BR/><BR/>We will see big public support for a RobinHood Congress I would bet.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-10883906533342551442008-09-29T14:19:00.000-07:002008-09-29T14:19:00.000-07:00I see that Woolsey was one of the reps who voted a...I see that Woolsey was one of the reps who voted against--but many others--Eshoo, Honda, Lofgren, Pelosi, were for it. I hope they feel the heat.marine_explorerhttps://www.blogger.com/profile/03092782038855356359noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-75942544306346087432008-09-29T14:08:00.000-07:002008-09-29T14:08:00.000-07:00MV- ask congress to make sure to reimburse taxpaye...MV- ask congress to make sure to reimburse taxpayers for losses out of assets and compensation seized by those that were grossly negligent in this debacle. Employees and executives in the companies that have failed. 1/3 the commissions from NAR. 1/3rd the commissions from lending institutions. 1/3rd commissions from mortgage brokers. seize all golden parachutes and give it to the taxpayers. Since they are in a financial redistribution and wealth transfer mindset- then let's go ahead and socialize all the profits that were made. They were ill-gotten gains.<BR/><BR/>They seize assets from people if their assets are suspected of being linked to drugs in some way shape or form... it ought to be a no-brainer to seize assets from well documented gross financial negligence and incompetence.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-39005860483030233712008-09-29T13:47:00.000-07:002008-09-29T13:47:00.000-07:00No kidding! I thought it was the wrong vote count...No kidding! I thought it was the wrong vote count and hesitated to post it... but double and triple checked and it was the real vote count.<BR/><BR/>Why does Paulso have a job or any credibility at all?<BR/><BR/>These scumbags have been claimingn all is well for the last several years, yet they are supposedly smart enough to have watchdog top U.S. economic policy jobs? They let this happen. Get them out. <BR/><BR/>Prosecute for gross negligence, incompetence and failure to perform fiduciary responsibility. Then seize all the assets acquired and bonuses paid out, and 1/3 of the commissions from all NAR members, mortgage brokers and any bank that lent money to anyone who was given a loan for more than 4X income. <BR/><BR/><BR/>As for our reps... House.gov and Senate.gov has been reading this site since I started it- since we are not even the biggest site out there I imagine they have read others. They knew this was happening. They knew it was going to end up like this. Not a voice was heard when it counted, and they all act shocked. It is just an act.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-22025271605428182902008-09-29T13:46:00.000-07:002008-09-29T13:46:00.000-07:00well, as you know I haven't participated in this ...well, as you know I haven't participated in this cluster****, however I am freaking out as to what is going to happen to my stuff if there is no bailout, or if there is one. Which is worse?moonvalleyhttps://www.blogger.com/profile/12058991195867052788noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-14351331247900972152008-09-29T13:44:00.000-07:002008-09-29T13:44:00.000-07:00How about bringing back glass-steigel?How about bringing back glass-steigel?moonvalleyhttps://www.blogger.com/profile/12058991195867052788noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-59222072462235062702008-09-29T13:29:00.000-07:002008-09-29T13:29:00.000-07:00What's with the title of this bill?"To amend the I...What's with the title of this bill?<BR/><BR/><I>"To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for <B>other purposes</B>"</I><BR/><BR/>"Other purposes"--what might that be? And Congress wants more transparency from Paulson? Oh, the irony...marine_explorerhttps://www.blogger.com/profile/03092782038855356359noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-32465386360980197072008-09-29T11:37:00.000-07:002008-09-29T11:37:00.000-07:00By the way... Republican Minority Whip is now clai...By the way... Republican Minority Whip is now claiming the "Rush" to get this passed was due to the Jewish Holidays this week. :-/ something stinks I think.<BR/><BR/>Also... fyi... the House.gov was all over this site this morning and the last few days.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.com