Residential Remodeling Index increases 2 percent in April
Submitted by
CalculatedRisk on Thu, 06/21/2012 - 10:54pm (281 comments)
Shopping at Amazon?
Wait! If you click on one of the Amazon links below first, HCN will get a percentage of anything you purchase for 24 hours!
Open predictions
Our local book authors
User login
Who's online
There are currently 28 members and 115 guests online.
Currently online
Recent Recommendations
Praise the pig.
At long last!
Not
Here's my take on the state of local government. Lots of middle and upper management recruitment going on - more than I've seen in many months. Not much at entry level.
The City of Stockton is looking for a new budget officer. From the bulletin:
Stockton is a full service charter city with a Council-Manager form of government. The Mayor is directly elected and the six Council members are nominated from districts but elected at large. The FY 11-12 budget is over $600 million, including the General Fund operating budget of approximately $165 million. The current economic crisis throughout California and the previously mentioned economic expansion in Stockton have taken a serious toll on the City’s financial condition. In response, Stockton has recently initiated action under state legislation AB 506, a process that affords municipalities an opportunity to mediate with creditors with a goal of financial restructuring. City leaders are taking this step very seriously and are committed to making the City financially sustainable. The financial restructuring primarily involves the General Fund and funds that depend on it for support and guarantees. In the event the mediation process does not provide the solvency the City needs to adopt a balanced budget the City Council has authorized the City Manager to file for bankruptcy protection before June 30, 2012.
Open Positions - City of Stockton, CA
There's also a blurb about the retirement formula being subject to change.
Tada.......
Thank you Kcoop
Ok, got it.
CR's name on his blog now shows up as Bill McBride. There is no Bill McBride here on HCN, and any such poster was seen as an imposter.
I put in a quick hack to map it, and now we should be happy again.
Thanks Koop, just in time for me to say good night. Josap, mail.
Berlin has a problem.
Have a good night.
http://www.markit.com/assets/en/docs/commentary/markit-economics/2012/jun/DE_Composite_ENG_1207_FLASH.pdf
Is this the Residential Remodeling Index thread or a parallel Bizarro universe?
I lost the poll, but I'm glad you got it working kcoop.
Thanks, Ken!
mp wrote:
It's what happens when you begger your neighbors.
Feckless Ness wrote:
Rats deserting a sinking ship??
merchants of fear wrote:
Yes.
CNN headline: Dow tanks, Congress blamed
Feckless Ness wrote:
All Hail Ken!
Thanks kcoop
The lights are back on, yah baby!
I was killing time here: SYN flood - Wikipedia, the free encyclopedia
back to
drinking...
TJ and The Bear wrote:
Could be. There's been tremendous turnover in City Managers, City Attorneys, and City Finance Directors over the past 2-3 years. Lots of people locking in their retirement before TSHTF.
kcoop wrote:
Yah, I saw that and it seemed weird; great catch! All Hail:
Feckless Ness wrote:
I was talking about Stockton in particular, but okay.
Doc Holiday wrote:
Coding is a strange exercise in quasi-perfection. One thing out-of-place and ka-boom.
TJ and The Bear wrote:
In 15 years, I've only seen a handful of muni employees leave for jobs elsewhere, and the reasons are usually personal and compelling. The churn is mostly at the top - the rest of the rats stay with the ship, even in a city under stress.
Filing BK could get them out of pension trouble.
I think we will see alot of this going forward.
And the ones that leave are going to jail around here.
josap wrote:
Public employee unions will have to decide how much of their war chests to spend on litigation and how much to save for job actions, lobbying, election campaigns, etc. No way will they let their pensions be gutted without a brawl.
I'd advise that people check their security after this, with home computers, as there could have been more here than meets the eye ...
FBI — Check to See if Your Computer is Using Rogue DNS
Google Online Security Blog
If this site was hacked, makes sense to look under your own hoods and run checks for malware!
Cambodia says it will not extradite Frenchman linked to Chinese political scandal...
...
like I have said before... this is the place to hide from the law.
the guy in question might have something to do with the killing of that British guy in China...
right Doc...
as if this site has any importance whatsoever...
Pizza toppings prepared. Pizza stone heating. Just about to divide the dough...
Long day tomorrow.
Feckless Ness wrote:
What can they do if there is a BK filing? Isn't it up to some judge at that point?
Feckless Ness wrote:
They're fighting themselves, because the money for retired member's pensions is coming at the expense of current member's jobs.
josap, you familiar with Clayton Companies?
TJ and The Bear wrote:
Nothing I recall off hand. Name sound familiar though.
There is a Clayton that makes mobile homes.
ZH hater alert: ZH questions more war. Cue for the haters to say ZH is bat shit crazy.
Whats the toppings for today?
Google says they manage commerical / office properties.
kcoop wrote:
There was a recent spoof in London, using social networking; can't find it ...
But it is possible "our" user accounts [here] have been hacked into... Let the blogger beware! I said a few months ago that the internet may not even be up a year from now ... it's going to get ugly in the economic world, and the internet; things are going to just be ugly from now on....
Attackers Hit Weak Spots in 2-Factor Authentication — Krebs on Security
==>
I would look for weird in-coming emails in all your accounts, thus be very careful opening any attached data or opening emails that look weird; about the only info for an acct here is an email, so beware!!!!! 
BETTER SAFE THAN SORRY: CR should warn people of this ....
I always assume that all of my social network accounts have been hacked.
So when I go howling at the moon, you should ask yourself if it is really me.
Clayton Companies Leasing agent is listed as lic with HomeSmart, not Clayton.
Clayton is not a lic company per the Dept of RE site.
The listed property manager is not lic per the RE Dept site.
Has to be some other co they are working under or something?
But nothing is as is should be from what I can find.
You folks see this yet?
Solved: Why email scammers say they're from Nigeria | Fox News
Full report here (pdf):
http://research.microsoft.com/pubs/167719/WhyFromNigeria.pdf
The web site says they own all the properties they manage.
But you still need a lic to manage or lease more than one site in Az.
josap wrote:
They're cool. I know people there... just wanted to know if we had any common acquaintances.
picosec wrote:
Only the most stupid need apply
I'm still disturbed that the answer to too much debt is spend more.
Now granted I'm a simple person with out all this extreme Economic training/discipline/brainwashing.
I can see it working for serious people who will not waste the money, but with these jokers spending the money I just see it as more good money after bad making only the bankers and very large companies money.
How can liberals who blast "trickle down" then say we need to spend more?
picosec wrote:
By sending an email that repels all but the most gullible the scammer gets the most promising marks to self-select, and tilts the true to false positive ratio in his favor.
Makes sense.
YouTube - Lee Michaels - Thumbs
merchants of fear wrote:
no, they hate it because ZH has a lot more heft and vigor than this tired , broken pony named McBride.
TJ and The Bear wrote:
Nope, don't know anyone there.
They do commercial, I do residential.
Just was strange to see a management co with no lic or broker.
TJ and The Bear wrote:
It does, but in a weird sort of way.
I thought that was your video mashup's Duke?
Are you just bored so you feel the need to dig CR? I have yet to see any great insight from you except on stalking star's.
Kauai_Kahuna wrote:
They're "consumed" with maintaining consumption via any and all means, especially via government stepping up when the public cannot or will not.
Economic swings are a part of the natural order -- a reflection of the collective human mood -- yet the intelligentsia is obsessed with managing the cycle. In doing so they subvert the self-corrections, thus delaying and aggravating it in the end. It's kind of like how putting out little forest fires inevitably leads to monster conflagrations and/or other issues -- rot, beetle infestations, etc. -- because the forest system isn't allowed to renew itself through creative destruction.
josap wrote:
They also build and/or rehab residential, too, but only for sale. Haven't done much of that since the downturn, though. They stick to CRE for management.
Hey, that groslinger guy looks familiar. I wonder if he spends much time in Nigeria.
TJ and The Bear wrote:
I did commercial management for a couple of years. Was very interesting, very different than residential.
Must sleep so I can get some work done in the morning.
the path money takes in "trickle down" is wasteful, basically the wealthy have to consume some labor-intensive luxury good first before the actual productive sectors of the economy see this money.
The 2002-2007 mortgage credit bubble bypassed a lot of this by enabling millions of households to tap their phantom home equity directly and just spend that, plus all the make-work FIRE employment that also pushed trillions of (borrowed) dollars through the economy.
This liberal doesn't want to borrow money to get a stimulus funded, I want to tax the shit out of the rich to get some redistribution going again.
The top 5% clear ~30% of the income, so even 100% confiscatory taxation would not be enough, but it's my thesis that ALL taxes come out of rents, so a return to the Clinton rates across the board would largely come out of home values and rents, or so I hope.
FFS. Haven't you ever played Parker Brother's Monopoly? You know, when one guy has all the properties and everyone is busted out and one roll away from BK?
That's what we've got now -- the rent-seeking segments in FIRE, energy, and health care parasitically skimming TRILLIONS of dollars from the actual productive people in this economy.
And on top of that another $600B/yr is bleeding out of the paycheck economy via the aggregate trade deficit.
That's why we're fucked, and why Kruggles' demand for more stimulus isn't going to work for that matter.
Comrade Troyski wrote:
Yeah, that was usually my dad. He didn't cut any breaks to his kids -- out for blood every time.
Otherwise, yes, I agree with what you say about the parasitic skim.
The Great Reset of 1930-1950 enabled the middle class to rebalance a bit against the skimmers.
I'd like to see that again, without the 10 years of recession, 5 years of total war, and 5 years of postwar readjustment.
The skimmers gradually pulled their shit back together 1960-1980:
- NY Times
and have taken over again.
We'd be a lot wealthier if we were paying $4000/capita for healthcare (like those inefficient French) instead of $8000.
Of course, without real estate reform, those wonderful savings would be quickly eaten by higher rents and higher home prices.
Rent-seekers hold the whip hand in any economy, and the only way to break it is to tax them, either indirectly (the nordic model of punitively progressive taxation) or more focused taxation directly on the economic rents themselves (LVT for housing, severance taxes on energy, and I guess single-payer for health).
Patching those 3 would retain $2T+ in the paycheck economy. Not patching those 3 will just give us more "cycles" of "creative destruction".
YouTube - Hold on to Freedom-Lee Michaels
Comrade Troyski wrote:
They never should've let the FIRE crowd loose. When they did the skim became immense, which in turn fueled the biggest lobbying war chest ever. Damned hard to put Pandora back in the box.
Rent-seekers hold the whip hand in any economy, and the only way to break it is to tax them...
Then they'll cut expenses on maintaining properties... this is a popular theme to go after rent collectors and the govt. is getting into this growing rental business more no doubt... I know you are thinking of a way deal with this renter nation that's coming instead of the bubble/bust ownership society... would the goal be driving the small rentiers out of business so larger rentiers can take it all as they can sustain the tax hit better and of course they will probably get govt. supports...
that's not how economic rents work. In real estate an efficient operator already doesn't spend any money he absolutely doesn't have to.
the rental housing stock didn't get 30% more wealth-providing since 2000, but that's how much rents have gone up:
Consumer Price Index for All Urban Consumers: Rent of primary residence (CUUR0000SEHA) - FRED - St. Louis Fed
along with CRE (which in the end wage-earners also pay) that's the biggest flow from worker-bees to the parasites in the economy.
(I'm pretty sure ground rents are a larger parasitical draw compared to health sector rents, but I only have a SWAG to back that up)
The Politics of Language and the Language of Political Regression
05.18.2012 :: Analysis
Capitalism and its defenders maintain dominance through the ‘material resources’ at their command, especially the state apparatus, and their productive, financial and commercial enterprises, as well as through the manipulation of popular consciousness via ideologues, journalists, academics and publicists who fabricate the arguments and the language to frame the issues of the day.
Today’s market reality is defined by giant multi-national banks and corporations, which dominate the labor and commodity markets.
‘Austerity’ policies are therefore an expression of how the ruling classes use the state to shift the burden of the cost of their economic crisis onto labor.
The capitalist class has cultivated a crop of economists and journalists who peddle brutal policies in bland, evasive and deceptive language in order to neutralize popular opposition.
‘Economic Recovery’ – This euphemistic phrase means the recovery of profits by the major corporations. It disguises the total absence of recovery of living standards for the working and middle classes, the reversal of social benefits and the economic losses of mortgage holders, debtors, the long-term unemployed and bankrupted small business owners.
Frequently, public officials, who are aligned with private capitalists, will deliberately disinvest in public enterprises and appoint incompetent political cronies as part of patronage politics, in order to degrade services and foment public discontent. This creates a public opinion favorable to ‘privatizing’ the enterprise.
The Official James Petras website » The Politics of Language and the Language of Political Regression
The Fiscal Crisis of the State
by James O'Connor
O'Connor theorizes that particular expenditures and programs and the budget as a whole can be understood only in terms of power relationships within the private economy. O'Connor's analysis includes an anatomy of American state capitalism, political power and budgetary control in the United States, social capital expenditures, social expenses of production, financing the budget, and the scope and limits of reform. He shows that the simultaneous growth of monopoly power and the state itself generate an increasingly severe social crisis. State monopolies indirectly determine the state budget by generating needs that the state must satisfy. The state administration organizes production as a result of a series of political decisions. Over time, there is a tendency for what O'Connor calls the social expenses of production to rise, and the state is increasingly compelled to socialize these expenses. The state has three ways to finance increased budgetary outlays: create state enterprises that produce social expenditures; issue debt and borrowing against further tax revenues; raise tax rates and introduce new taxes. None of these mechanisms are satisfactory.
The Fiscal Crisis of the State by James O'Connor - Reviews, Discussion, Bookclubs, Lists
Kauai_Kahuna wrote:
Mexican: Tomato Sauce, Home-made Chorizo, Mozzarella, Feta, Pickled Jalapeños, Red Onion
Fennel: Tomato Sauce, Pork & Fennel Sausage, Mozzarella, Fennel, Chili Flakes, Sea Salt, Parmesan Cheese
German June Business Confidence Drops to Two-Year Low - Bloomberg
"Fiscal Crisis of the State"
In O'Connor's terms, social investment performs an "accumulation function" while social spending performs a "legitimation function." Much of the latter actually subsidizes big business. The best example is state level payment of medicaid and food stamp benefits to Walmart employees saving the retail giant millions annually.
The fact that government spending in many countries is increasing as a total share of GDP (despite a decline in tax revenues as a share of the economy) is anything but a sign of "socialism." It is a real indication of the growing power of capital to displace its costs and obligations onto the state while at the same time lowering the fiscal cost of these burdens to itself by demanding lower taxes for the rich and corporations. Today, it is evident that the rich are more politically powerful than ever as shown by trillions in tax cuts on their behalf despite rapidly growing federal debt and deficits. It's hold on the political system is nearly unbreakable! It is no accident that an historically record high $1.6 trillion in corporate profits last year coincided with the largest federal deficit as a share of the economy since WWII!! Government borrowing and spending is a vital source of capital's power, not a challenge to it.
Here we come to where O'Connor's theory actually deals with the issue of fiscal crisis. The tension between capital's need for the state to take on necessary but unprofitable infrastructure investment, mitigate the worst effects of exploitation and unemployment and absorb many other costs of profit making comes into conflict with the capital's resistance to taxation. This forces the state to borrow and risk default and future financial instability. Thus, the capitalist state enters into a fiscal crisis which is both a cause and a consequence of capitalism's drive for increased profits and the further concentration of wealth.
Here economist Rick Wolff sheds some light.
Lenders are, of course, complicit in building up national debts because they collect most of the interest payments from the borrowing governments... Major lenders to governments around the world are banks; hence they are major gainers from national debts. The current explosion in national debts is thus a bonanza for the world's banks. As major contributors to the current crisis, banks now reap major gains from the government borrowing undertaken to cope with that crisis. The alternative and much cheaper path -- to tax employers rather than borrow from them and repay with interest-- is barely discussed...
And herein lies the rub! Financial crisis from decades of capital's avoidance of paying its share of taxes as well as growing real wages to its employees have resulted in the very instability that can bring the entire system crashing down.
http://www.smirkingchimp.com/thread/yellow/35362/the-fiscal-crisis-of-the-state-is-not-really-about-the-state-at-all
Note: mp & CitizenAllen need to check out the above analysis...
Investors cast doubt on end of world hedge strategies
| Reuters
.......
The big gambling in the Big Casino is covered by governments (and taxpayers).
What a cushy deal. No wonder there's no movement to have the Big Players just take their losses or stop gambling.
mp and CitizenAllen (for example) want to keep funding this global rigged (and covered) gambling operation.
Fennel & Pork Sausage Pizza yfrog.com/kftkomwj
As mentioned above...
Capitalism and its defenders maintain dominance through the ‘material resources’ at their command, especially the state apparatus, and their productive, financial and commercial enterprises, as well as through the manipulation of popular consciousness via ideologues, journalists, academics and publicists who fabricate the arguments and the language to frame the issues of the day.
talkin to yerself again?
wazzup?
wazzup?
That's just muppet business.
QE anyone?
sure
more QE for me please
there you go again
merchants of fear wrote:
THIS^
Productive use of capital is punished. Not only are these parasites rewarded handsomely with endless legal mechanisms to avoid paying taxes (and not just banks but also MNCs and those neo-Pharaohs executives), but extortion excessively used as a fear play to govts.
This is what blows my mind about the entirety the current paradigm. While given endless means to win no matter how bad losses are (since those losses are transferred to others)-these bozos continually talk of 'virtuous' behaviors in markets and individual choices. What virtues? Where? Is there a reward for 'virtuous' behavior...um no? Didn't think so, quite the opposite. And now all of them appear like a doe in the headlights and are surprised when people conduct their business and lives as they have?
Its a classic example of misallocation of capital for easy gain, short term gaming vs long term 'investment'. Now these MNCs and in particular hedge funds, bankers, own and strangle every conceivable type of commerce and business activity in the natural economy applying the most banal of ideals to them in search for even more skim and profit. In those core, economically necessary markets for the vast underclass, which are just too stupid to breathe the same air as they do, more profits await as the squeeze in on. There might just be a little more blood in that turnip after all.
Deeper austerity for those little turnips and pushing back on any that that remotely smells like reform for those most systemically important institutions will continue. This is the plan which has been in place for far too long, this will continue until it can't anymore. What happens if this house of cards falls, can these systemically important global institutions survive without naked fraud? What a bunch of cowards, so much for 'innovation' and so much for these intellectually superior beings..HA...all they are are a bunch of spoiled and coddled icons who likely would cry in frustration if they had to actually live one week without artificial life support off the backs of sick people, children and the elderly.
Summary of nanoo's excellent analysis:
40lb tick, 20lb dog.
Rob Dawg wrote:
Succinct writing isn't my strong suit. LOL!! Perfect RD.
And the solution is not to get the tick a new dog.
Foreclosure attorney facing loss of law license » Ventura County Star
Remember this fool?
Are there any big meetings this weekend save Zucchini festivals?
How many times have the financial networks/journalists talked about the money on the side-lines, capitulation and hidden value over the last 24h?
Lemme see, just what is the plan for 'saving money' for retirement now? Oh..wait, 80 is the new 60, I forgot. We'll all be able to pay the rent, insurance scams until death do us part...When will this be recognized as matrimony and can I get a pre-nup?
Since corporations are people, then marriage is only natural, right?
Nanoo-Nanoo wrote:
I know is awful early for this, but we are facing a choice that will last at least a generation. If Romney wins, he will probably get to replace Supreme Court Justice Ginsberg with a person like Scalia, or Thomas. A reactionary Supreme Court is then assured perhaps for decades! Then It won't matter if you or any of us don't think corporations are persons. And that ruling will just the first of many similar rulings. This is why this presidential election is so important.
Facebook Donations for Unilever Charity Hold Key Ad Data - Bloomberg
Facebook Inc. (FB) teamed up with Unilever to let users donate to a clean water charity using online credits as the social network tries to convince members to make more transactions and gather information about them.
The project, called Water Works, will allow donations through Facebook credits, consumer-goods maker Unilever said today at the Cannes Lions advertising festival in France. Facebook Credits is a virtual-currency program that lets users buy items for applications such as games on the site.
So full of wrong.
The Citizens United ruling gives me great pause. I think it will happen anyway but with Romney, it happens faster.
China, Brazil in $30 billion-currency swap deal - MarketWatch
huh?
Comrade Troyski wrote:
You still don't get the concept of a fiat currency & the Triffin dilemma?
Backgrounder: FRB: Central bank liquidity swaps - Credit and Liquidity Programs and the Balance Sheet
OK, I get it now. d'oh. thanks.
Better than Lanai: Your Own Island For Less than London Family Home: Video - Bloomberg
Bain to pay $1.3 bln for half of Japan TV shopping channel-source
| Reuters
U.S. private equity firm Bain Capital will pay 100 billion yen ($1.3 billion) to buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, a person with direct knowledge of the deal said.
Bain on Friday said it would buy Jupiter Shop Channel from trading firm Sumitomo Corp but did not disclose terms of the deal.
($1 = 80.2750 Japanese yen) (Reporting by Junko Fujita; Editing by Edwina Gibbs)
kcoop wrote:
..I knew it all along. I counted the number of tin hats at HCN and we were one short. Therefore somebody didn't exist!
German June Business Confidence Drops to Two-Year Low - Bloomberg
"While Germany’s economy expanded 0.5 percent in the first quarter, latest data suggest growth is weakening as austerity measures across Europe curb demand for German goods. Exports, factory orders and industrial production all dropped in April and a survey of purchasing managers published yesterday shows manufacturing is contracting at the fastest pace in three years."
...Morning.
Hey, where'd all those customers go?
UPDATE 2-Crisis on doorstep as German business morale hit
| Reuters
C
Korea Home Price Slide Persists With Property Anxiety - Bloomberg
"It’s a vicious cycle: Prolonged price declines are sapping demand, resulting in the deferral of settlements into new homes,” said Yang Hae Keun, a Seoul-based real estate market analyst at Woori Investment & Securities Co. “I expect even fewer deals to take place this year than last. The impact from the government’s latest steps will be negligible.”
NN, You've got
.
Whew, sure is a good thing we've spent the last 4 years minimizing exposure to debt crises. If we had waited until now it would be too late.
Morning
Bullish!
US Index futes hit overnight highs.
C
We had a debt crisis? But we are spending more than a trillion dollars than we take in? How could we have had a debt crisis?
(Maybe we didn't think it was big enough?).....
Like yesterday never happened.
Yup yesterday never happened.
Oil up. Gaa-o-line up. duh!
Mario Monti: we have a week to save the eurozone | Business | The Guardian
"The Italian leader is to hold talks with Chancellor Angela Merkel of Germany, the French president, François Hollande, and Spain's prime minister, Mariano Rajoy, in the hope that the single currency's big four countries can pave the way for a breakthrough at next week's meeting."
..I have seen pictures of the conference room. There is only one chair. Apparently 3 of the participants are going to have to stand for the whole thing....hmmmmm...
traderwalt wrote:
back-atcha!
..I have seen pictures of the conference room. There is only one chair. Apparently 3 of the participants are going to have to stand for the whole thing....hmmmmm...
This time they're trying torture.
I think they get voted off the island. En bloc.
C
Credit Suisse Cut 3 Levels as Moody’s Downgrades Biggest Banks - Bloomberg
Downgrades of Morgan Stanley, Credit Suisse Group AG (CSGN) and 13 other global banks, announced by Moody’s Investors Service after months of speculation about dire fallout, were met instead by rallies in stocks and bonds.
What if they gave a rating and no one cared?
Taiwan’s Jobless Rate Climbs as Europe Crisis Undermines Exports - Bloomberg
"Overseas sales make up about two-thirds of Taiwan’s economy, and export orders, an indication of shipments in the next one to three months, fell for the fifth time in six months in May, a report showed this week. The central bank kept interest rates unchanged yesterday to bolster growth after gross domestic product rose at the slowest pace since 2009 in the first quarter."
Putin Fails Davos With No Dissent Among CEOs in Petersburg - Bloomberg
Dissent is far from the microphones as Vladimir Putin tries to show the world Russia is still open for business even as $10 billion flees his nation each month.
As the Russian leader welcomed executives such as Goldman Sachs Group Inc. (GS)’s Lloyd Blankfein to his hometown of St. Petersburg, none of the keynote speakers at the annual jamboree of businesspeople and politicians directly addressed the wave of political protest that’s gripped the country since December.
The markets this morning resemble; "Oh look! Free fish."
LOL-I've got this imagery in my head of a shirtless Putin grilling up hot dogs around a swimming pool to serve up to Lord Bankfiend.
Recently I linked an article about a "lonely hedge fund" buying up Greece's "bargain" investments. Seems it might be a trend.
Buying Europe Banks Is Easy for Herro as Cheap Stocks Fall - Bloomberg
European banks, Japanese carmakers, Hong Kong developers and Russian oil producers have gotten so cheap that stock investors from Harris Associates LP’s David Herro to Aberdeen Asset Management’s Kathy Xu are buying.
“I’ve been significantly adding,” said Herro, whose $7.9 billion Oakmark International Fund beat 81 percent of peers in the past three years. “Even though it feels gloomy, this type of environment makes my job quite easy.”
And smooching the ring on his finger.
Look if they hosted an Olympic Games this would not have happened...oh wait they did host a private party
Starving Greeks for food in their thousands as politicians finally form a coalition government... but how long will it last? | Mail Online
One more minor economic statistic showing low growth. The May North American Semiconductor book-to-bill ratio was announced yesterday. Down to 1.05 from 1.10 in April SEMI® Book-to-Bill Report | SEMI.ORG
For some strange reason, I can't get this tune outta my head today.
YouTube - Nancy Sinatra - These Boots Are Made for Walkin'
Codger,
During the tech bubble, that was a never-fail read of mine, too. Don't follow it as much now. AMAT was one of my biggest holdings...
Econ, housing. Housing, econ. Come on people focus! Snooki is preggers!
Starving Greeks for food in their thousands as politicians finally form a coalition government... but how long will it last? | Mail Online
I question whether they are truly at the "starving" point yet. A tad hyperbolic.
Rob Dawg wrote:
Instead of Snooki, we watched three episodes of 'Wilfred' last night.
Holy shit..... I haven't laughed that hard in a long time.
Is J.P. Morgan In The Process Of Unwinding Its Massive IG9 Trade? | The Big Picture
Best not to have type 1 diabetes if you are in Greece.
Another for the "hot investing for down economic times" files:
Meet America's biggest bull (Hint: He's Russian) -
The Term Sheet: Fortune's deals blog
Term Sheet
Alexy Mordashov is Russia's leading steel magnate. He's also investing billions in America's industrial renaissance and its green future.
--
As Mordashov gives me a parting, buzz-saw handshake, he says, "What you need to keep most in the U.S. is the entrepreneurial spirit. It provides the impetus for job creation. It has created a great quality of life for Americans."
Alexy Mordashov is convinced that an empire built on great manufacturing is poised to strike again.
I'm seeing a trend here.
Outsider wrote:
"hot investing?"
Keeping it warm for ya Eric.
How many of these huge investors are saying: This low is low enough.
They don't get to be billionaires by making a habit of bad calls.
60% of those who had their mortgages refinanced with lower monthly payments defaulted again
Mortgage modifications a savior for some, but 60 percent fall behind again - CBS News
Barclays, RBS, HSBC Rise After Moody’s Lowers Credit Ratings - Bloomberg
They get to be billionaires by random chance. 16 people call a coin flip. then 8. then 4. then 2. is the guy who got it right 4 times in a row actually smarter?
4,000 feet:
Park ranger falls to death during Mt. Rainier rescue - U.S. News
Yes. He kept the coin...
Research shows that the best way to cure foreclosure is by eliminating the debt altogether.
Mortgage-debt forgiveness preventing foreclosures - Jun. 22, 2012
Only 12% of borrowers who received principal reductions re-defaulted in 2011, Amherst found. That's compared with 23% of borrowers who received mortgage modifications with interest rate reductions (but no principal reduction) and 30% who received forbearance, which postpones their debt repayment.
"[Modifications] with principal forgiveness are apt to be most effective, as the borrower no longer owes the money -- so he is no longer hopelessly underwater," said Laurie Goodman, Amherst's housing market analyst and one of the authors of the report.
They get to be billionaires by random chance.
I tend to doubt that. Otherwise we'd have more J6P investors getting rich.
Guess you'd have to study their track records to get a better picture.
Did anybody see the look on Obama's face after his meeting with Putin in Mexico over last weekend? Ya can't be President unless during your campaign, you state unequivocally that you will nuke Iran. Now here comes Putin and tells Obama point blank that he will nuke him if he attacks Syria or Iran, truly Orwellian. Mark Twain said history does not repeat itself, but it does rhyme.
, I guess this global economy is so levered that ya just gotta hav that insurance less your economy will just collapse............unless, of course, you win a global war with minimal damage and also capture the insurance company (AIG?) which is hardly likely.
But you can't have a regional war nowadays w/o insurance for crying out loud. Did you see that those Russian ships with weapons and armed helicopters heading for Syria had to turn back cuz their insurance was cancelled?
3 necessities of life: food, water, and insurance
Again I'm laughing...what else can anyone do, cancelled because of lack of insurance? This is bizarre-o-world.
Actually TR...I thought Obama in that instance looked like he was being bullied...same sort of expressions and so forth...
...Who was the guy who told Kruschev he would wait for an answer until hell froze over? Not much of that with Putin..
Shouldn't laugh, but can't help it:
Somali Pirates Battled in London as Banks Curb Dollars - Bloomberg
The fight against Somali pirates, responsible for hijacking about 170 vessels in four years, is starting to draw in British banks, until now a major source of the stacks of dollars used to pay ransoms.
I am sick and tired of paying for all these ransoms.
Bruce in Tennessee wrote:
That was Adlai Stevenson at the U.N. regarding Cuba, I think.
I wouldn't be too sure about that. 2010 Per capita income in Mississippi - $31136 . State Per Capita Income
Greece 2011 - $27,875. Economy of Greece - Wikipedia, the free encyclopedia 
.
I wouldn't be surprised at some genuine poverty and problems getting enough food in a place poorer than MIssissippi.
Outsider wrote:
You don't mess with Putin.
YouTube - [HQ] Jim Croce Bad Bad Leroy Brown [HD]
That's what the London banks are saying. I shoulda put that in quotes.
And the envelope please..........the Orwell Award for excellence this week goes to Outsider for her link to FHFA, the regulator of Freddie and Fannie, and their insurer FHA who have decided to tell the banks it's ok to make loans at the minimum credit ratings allowed because banks will not have to worry about buying back the bad loans or looking at it from the other end, ie, have the loans put back. These govt agencies want to see more home loans, so we can get back that loving feeling for housing which has been gone, gone, gone.................Quite a find, Outsider! I think this corroborates what I said last week that the banksters were back to their old tricks. M-2 and M-3 are rising nicely w/o QE3 thanks to Operation Twist which lowers interest rates in a sterile process and creates no new money like QE, but I think Ben is running out of the short term treasury bullets in his portfolio, so QE3 will probably be necessary to keep long term rates down and also to replenish Ben's porfolio of short term treasuries. Looks like were back to....Can you fog a mirror? Ben still believes that the power of fallin interest rates from outsourcing is greater than the diminished power of fallin wages just like when he created the last housing bubble, but he unfortunately failed to learn it's a short term thingy
YouTube - Righteous Brothers You've Lost That Lovin' Feelin' (45 RPM)
FHFA Seeks to Limit Buybacks Afflicting BofA to PNC: Mortgages - Bloomberg
Anak wrote:
Yep. Thanks.
16 people call a coin flip. then 8. then 4. then 2. is the guy who got it right 4 times in a row actually smarter?
Absolutely!!! A bargain at $800K a year plus a multi-million bonus if he/she gets the next call right.
Bruce in Tennessee wrote:
Adlai Stevenson
Is there cash associated with that award, perchance?
BBC News - German firms more worried about crisis impact, says Ifo
"German businesses are increasingly worried about the impact of the eurozone crisis, a survey suggests.
The business climate had worsened in the past month, according to the Ifo index of business sentiment, which fell to its lowest level since March 2010.
The drop in expectations for the six months ahead was particularly marked in the monthly survey of 7,000 businesses."
We cannot quit the:
From Fukushima’s home country: Nuclear will double | SmartPlanet
Study predicts more hot spells in Southern California - latimes.com
Nanoo-Nanoo wrote:
Bruce in Tennessee wrote:
Worry is their only setting.......
NN, more junk
.
Sorry, this war has been cancelled along with your insurance policy
Up is down, left is right...And good morning 
Outsider wrote:
Anyone remember when the last $1B+ bank failed ?
I'm looking at last weeks PBL, there are about 60 listed with assets up in that thin air.
edit: the local bank which is being merged/acquired with another 'white knight' local bank. It isn't even on the PBL. I wonder how many more are lurking out there.
Rob Dawg wrote:
Well, it is a desert already....just add the heat.
Oh yeah. Wonder where my #1 fan went. He wanted to be president of my fan club, but I told him he was too young.
trying not to stray TOO far off today
Nanoo, regarding that JP Morgan trade unwind - BlueMountain Said to Help Unwind JPMorgan’s Whale Trades - Bloomberg
I posted that yesterday morning not sure if you caught it or not. Thieves the lot of them.
He was around the other day. I hadn't seen him in a long while either.
vtcodger wrote:
Um no.
He gets the multi-million bonus either way.
ld,o
Merkel Ally Rejects Bailout Concessions for Greece - SPIEGEL ONLINE
"Germany has recently come under increasing pressure to change its tough approach to fighting the euro crisis, but Kauder firmly rejected the suggestion that Germany was isolating itself within the EU with its stance. "On the contrary, we are doing a lot -- really a lot -- for Europe. Most other countries know that," he said. "If we make concessions now, then what? It won't help if Germany loses its triple-A rating. Then the bailout fund would also lose its backing. Everyone in Europe would be the loser."
What Really Happens If the Supreme Court Strikes Down the Mandate? | Mother Jones
When Romney ran Bain Capital, his word was not his bond - The Washington Post
From the article,
[...The video “When Mitt Romney Came to Town” is understandably less sympathetic. To the filmmakers, bankrolled by the Winning Our Future super PAC [ put out by a pro-Newt Gingrich super PAC}, the Bain way is nothing less than “turning the misfortunes of others into . . . enormous financial gains.” The film spends most of its time interviewing people who lost their jobs and much of their savings after working at various companies that Bain bought, milked and sold to generate those huge profits.]
Get ready America, you're next!
Bank Health Ratings
Comrade Kristina wrote:
And in other news concerning up is down..... After hearing that the Denver housing market was booming and posting about it last week, this was in the USA TODAY yesterday:
"Colorado: Denver- Real estate records are showing signs of a new wave of foreclosures looming in Colorado. According to the Denver Post, the ability to foreclose on overdue mortgages has more than doubled in the first five months of the year in the seven-county Denver metro area"
Maybe the supremes will rule that you can mandate that someone have health insurance, but that you can't mandate that they pay for it. That should solve the issue right? I mean, it's the payment part we are realky hung up on right?
Oh, but then what about that issue of taxation. You can mandate I have government, but not that I pay for it?
Ouch, that might put a damper on that whole recovery thing.
And in other news concerning up is down.....
from wiki:
Similarities can be observed in Orwell’s own definition of doublethink, from Nineteen Eighty-Four;
The power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them....To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just as long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies.
There are roughly 6,000,000,000 (of 7,000,000,000 total) folks on the planet who currently use very little energy ... and have no intention of keeping things that way. The will need a lot of energy -- far beyond what hydro can provide. Wind and biofuels clearly can't provide that sort of energy. Solar might be able to. But not with current technologies. What's going to happen is that they will burn everything they can get to and use nuclear, improving (but still inadequate) solar plus maybe fusion after 2040 to make up the difference.
Many folks don't like that. Tough.
Soo high, can't get over it...
'Pretty high hurdle' to QE3 - Fed's Bullard
| Reuters
Yeah, rock my soul.
C
Oh, this is awesome. Daily Kos: Asperity, Austerity, and Control: Huxley, Orwell, and 1984
Many folks don't like that. Tough.
Meme of the era.
vtcodger wrote:
PEAK OIL IS COMING !1 ! ! !11!!!!!!
this decade is the decade
I really mean it this time.........
Hmmm I thought it was "
you, I got mine."
I read all of this, Citizens United v. Federal Election Commission - Wikipedia, the free encyclopedia and related articles, and I kinda think they made the right decision. The case was about producing propaganda, which anyone can do, and people formed a company to do that. The rule was it couldn't air within 30 or 60 days of an election... but then Rupert Murdoch and all the other 'news' CEOs would still get to pump their view as 'news.' The dissenters wanted the government to define what is news and what isn't for the purpose of deciding whose propaganda gets aired, which doesn't sound like a good idea.
They dovetail.
Well, by gosh, they do!
To add to my deleted post above, it's probably not a good idea to be reading these threads and be watching 3 million soviets being marched to Auschwitz in this netflix documentary, at the same time.
Time to limit the
Outsider wrote:
Someone recently posted an article about those dirty penguins in Anartica and what they do to their dead......just baad to the bone
Amid crisis, leaders of Germany, France, Italy and Spain meet in Rome - The Washington Post
Spreading? I thought once the
got Greece face down, ass up, everything was OK?
RATM wrote:
The problem isn't that they ruled in favor of CU, it's that a court that talks about precedent not only ignored it, but pissed all over it to make a broad ruling that neither side had asked for.
They did it again yesterday. The Supreme Court is a hotbed of judicial activism, just not the kind that Fox would lead you to believe. Even the American Enterprise Institute is surprised by the scope of it.
CHART OF THE DAY: Germany Ifo Index - Business Insider
CHART OF THE DAY: The German Economic Miracle Ends
...gotta go...burning daylight!
Well, he is a Mormon:
POLITICO Suspends Staffer For Suggesting Mitt Romney Only Feels Comfortable Around White People - Business Insider
Comrade Alexei Mikhailovich wrote:
?
PEAK OIL IS COMING !1 ! ! !11!!!!!!
Of course it is. There's only so much of the stuff. Personally, I think the peak will be later, higher, and more abrupt than most people expect. I'll be happy to go into why I think that, but it'd bore most folks. And besides oil, there is a LOT of natural gas ... and a lot of coal that will get burned whether I like it or not (I don't actually). And methane hydrates.
I don't think humanity starts to run out of stuff to burn until the end of the century.
But a lot of it will be expensive BTUs, so I think nuclear and solar have a bright future.
In an era of universal deceit yada yada yada...
vtcodger wrote:
abiotic oil FTW!! (serious
)
This dovetails nicely into the Earth 10,000 year old idea:
POLL: Most Republicans Still Believe That Iraq Had WMD | ThinkProgress
CA service employees international union overstepped and tried to brazen it out with mandatory political contributions. SCoTUS not only ruled but gave additional guidance. This most likely because there is a related proposition on the Nov ballot and they didn't want any ambiguity.
Eric wrote:
Also the home of climate change deniers.
GREEK ELECTION: Athens Bar Association declares June 17th election null and void, suspects criminal activity | A diary of deception and distortion
Not sure of the veracity of the information here but it could be interesting to watch.
Rob Dawg wrote:
I was wondering if that was the issue.
And honestly...... that decision was 100% correct, and not just because I think unions are scum.
The best damn government money can buy...
Developing: Court Rules in Chamber’s Favor in EVERY CASE DECIDED So Far This Term | Constitutional Accountability Center
BBC News - Moody's downgrades 15 major banks
nice way to start a new day
SEIU are thugs.
Hahahaha, if you think they are thugs you should love what comes next
As the 1% turn the screws even tighter on the populations around the globe the SEIU will seem like Girl Scouts in comparison.
Eric wrote:
Supreme Court rules California union violated rights of dues-paying nonmembers
Money quote:
"the court's decision hints that it's open to reconsidering unions' long-held practice of forcing employees to opt out of giving them money for political activities instead of opting in."
Except that it didn't hint, but practically begged someone to find a case so that they can rule against opt out(they specifically forced opt in this matter, something beyond the scope of the case argued by either side.)
Comrade Alexei Mikhailovich wrote:
And?
abiotic oil FTW!! (serious
Probably not. After the continental drift fiasco, Geologists are polite about Thomas Gold's theories Thomas Gold - Wikipedia, the free encyclopedia But I've never encountered a geologist who expected much if any commercially important oil from abiotic sources. A lot of that has to do with the "Oil WIndow" which basically says that even if abiotic oil is produced, it will be cooked into gas pretty quickly. It's HOT at great depths. Read up on the Kola borehole. The deeper parts of the crust aren't exactly what we expected. But they are quite warm.
vtcodger wrote:
which part of "snark" and "tinfoil" were you having problems with?
vtcodger wrote:
Who opened up middle-earth under VT?
Nanoo-Nanoo wrote:
There's never been a better time to load up on natty for next winter. You can just put the bales of gas behind the shed until you need them.
I think the POTUS thing has just been decided. Romney is done. Daily Kos: WaPo: Romney's Bain Capital owned overseas outsourcing specialists that helped companies export jobs
Not gonna play well with the J6P crowd at all.
Nanoo-Nanoo wrote:
Montreal was 92 yesterday. Those people are melting.
Eric wrote:
1: Stare decisis
2: Ruling beyond the positions argued by either side in a case, is judicial activism.
It's hard to form an ever more perfect union if the courts blow off precedent and make rulings that are beyond anybody asked.
You guys wouldn't believe what propane suppliers are asking.
Comrade Alexei Mikhailovich wrote:
The decision was correct...... a new precedent has been set, FTW
Decisions I like: correct action
Decisions I hate: judicial activism.
Eric wrote:
SC was warning the 11th District that when they overturn the November ballot proposition they will get their asses handed back to them. The most overturned lower court ever.
"Judicial Activism" is one of Fox's favorite buzz words. They fail to point out the judicial activists in the SCOTUS have ruled in favor of they and their ilk consistently to skew everything in favor of the ruling class. How convenient.
"“You can forget Moody’s,” Bove said. “You should have forgotten them a long time ago.”
David Einhorn is laughin'.
Credit Suisse Cut 3 Levels as Moody’s Downgrades Biggest Banks - Bloomberg
Eric wrote:
I don't care about the ruling, I care about the process.
The process under Roberts is fucked.
Most Republicans Still Believe That Iraq Had WMD
Well of course they did. As I recall a thorough search of Iraq's arsenals turned up thirteen elderly artillery rounds with toxic gas payloads -- presumably left over from the Iran-Iraq war. IMHO, if the Bush administration actually thought that Iraq had significant numbers of biochemical weapons, they probably would not have invaded. Americans could get hurt.
Nanoo-Nanoo wrote:
The ring is being forged as we speak.
Comrade Kristina wrote:
It happens on both sides:
Citizen United: all the lefties scream about all the money that will go into politics
SEIU case: all the lefties scream about all the money that will not go into politics.
Nanoo-Nanoo wrote:
Oh do tell. I saw one place that would refill a 20-lb cylinder for $15. Not sure if that was a decent price.
Uhm, the SCOTUS had decided WITH the Chamber of Commerce on EVERY case this term. EVERY case. That is nothing to do with both sides of anything. It's outrageous.
Comrade Kristina wrote:
Sure it does..... if you think money in politics is bad (you hate Citizens United), you should love yesterday's decision.
The problem with Propane is that it is a byproduct from oil and gas production. There are no Propane wells. When the price of either rises, the price of Propane goes up. Presumably, it'll get cheaper in the Fall and Winter since the prices of both oil and gas are dropping.
We don't just have regulatory capture, we have judicial capture as well. Which is why nothing will fix this but
Must get ready for work..grumble grumble grouch...
Since the '08 fiasco, pricing is no longer very predictable. Many people up here use propane to heat their homes. During off heating season is generally a good time to buy but lately the volatility is stunning. Our supplier wants $4.85/gal. Quotes from other suppliers was ~$1+/gal less, but you are stuck with whoever supplies your tanks as your sole provider. Fortunately, last season due to the warmer winter and switching to a wood stove we didn't use as much, so if this continues, we'll likely just not buy this year at that ridiculous sum.
I don't really care one way or another about that particular decision tbh. It's just another example of the hypocrisy though. Money from workers is bad but money from billionaires is good. Yep.
Charles Hugh Smith:
charles hugh smith-The Solution to Concentrated Power: the Three Ds
BarackObama.com has officially become the biggest spammer of my e-mail box, and they are the creepiest shit I have seen. Happy Father's day Barack!
vtcodger wrote:
But the cashflow for the Chem-warfare suit manufacturers was just so awesome and they made for pretty pictures on Fox News.
http://en.vedur.is/earthquakes-and-volcanism/earthquakes/myrdalsjokull/
Earthquake swarm in Katla volcano, Kolbeinsey ridge, Hveravellir geothermal area | Iceland volcano and earthquake blog
Nanoo-Nanoo wrote:
I know many folks who have the large tank next to the house (or MH). I also see that every convenience store seems to have the large steel box with pre-filled 20-lb cylinders. So I guess it works in both directions (although I know that some of the cylinders are being used for grills, etc).
Comrade Kristina wrote:
The ruling part was that mandatory contributions are bad. SEIU imposed an assessment with no opt out.
energyecon wrote:
Katla the Climate Changer.
Eric wrote:
So when a shareholder of H/P complains about the corporate money that Meg Whitman donates to campaign X, how do you think the court would rule? In the shareholder's favor(which would be consistent with yesterday's ruling?)
BWAHAHAHAHAHA!!!
Wasn't there a theory that the eruption of ejul&%$xsllgsh&%$ooglslvul volcano a couple of year back is usually a precursor to an eruption of Katla?
Katla =
A lot of propane dealers here in NW Vermont are small, family operations. One used to -- and possibly still does -- operate out of its owner's living room. Same may be true of your area. These small operations don't buy in great volume, so they have much the same problem that you and your neighbors have. They have to pay what their supplier (singular) asks.
Is that bacon I smell on the propane grill?
KarmaPolice wrote:
When she blows her top... ayep.
An aging population:
"For Ford in particular, drivers found using the entertainment and information system MyFord Touch to be too difficult."
Read more: Car Owners Are Not Fond Of Technology | The Daily Feed | Minyanville.com
Late to the thread - when I first read the post I thought it said "Presidential Remodeling Index" and I was looking for info on what they did to the Lincoln bedroom.
Yancey Ward wrote:
Yes, that volcano is sometimes called "the little sister". If Katla blows in the next decade, that is pretty much in the same clock tick in geologic time.
energyecon wrote:
Icelandic volcanoes are absolutely fascinating. I would love to take a tour.
Mike in Long Island wrote:
Magic Fingers™
Obscure fact. The Reagan administration in the 1980s actually did successfully pressure Germany into shutting down export of poison gas precursor chemicals to Iraq. I never had much use for Reagan, but he did occasionally do decent things.
Check out this asshole...
San Fran Nan In The Can? seems so. My gag reflex was in over drive...
YouTube - Pelosi: Contempt vote really about stopping Holder from fighting voter suppression in our country
Its a racket-big time. I'm glad we switched to wood. You probably know the one we use and no, they don't operate out of their home. There are about 3 larger providers and they have storage capacity. Most of the indies got bought out a couple of years ago by one of 3 major national suppliers of propane. I do believe, IIRC, all the supplies of propane to this regions comes from the GOM and specifically LA.
there was doom like for 3 hrs yesterday. Today is a new day for
Comrade Alexei Mikhailovich wrote:
I expect the Court would rule against the shareholder.
You're missing my point:
all I'm amused by is the contortions the lefties will go through to try and explain why yesterday's decision sucks, but why CU also sucked.
Rob Dawg wrote:
Rough overnight thread?
Good Morning
The nation is increasingly dotted with unsightly boxes that used to be Circuit City, Borders and Best Buy stores. Nobody has written a book called “101 Uses For A Used Blockbuster.” And there are only so many churches, tanning salons and “We Buy Gold” stores to fill these deteriorating spaces.
“I’m 51 years old,” said Wood. “I have never seen a period of time where the split between the haves and the have-nots is as wide as it is today.”
Get used to your crummy shopping center - Al Lewis - MarketWatch
pay attention
this is an earthquake
The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap | ZeroHedge
shill wrote:
Of course it is.
Please consider:
Eugene Robinson: Stop the witch hunt for Eric Holder - The Washington Post
Quotable:
"If Issa really wants to save U.S. and Mexican lives, he should convene hearings on banning the sale of high-powered weapons. I think Holder would be happy to testify."
You are living up to your name Shill. You'll learn.....someday.
The Fed Is Shooting Blanks - Business Insider
Good Morning
Is everybody Happy?
ZH. The Momo Marriott of political economy.
josap wrote:
From the article:
"Those living in places such as Boston, New York, Washington and Silicon Valley don’t really see the decay that most other American shoppers will have to live with for decades to come."
Suburban shopping centers are dead money....it's all about downtown.....real downtowns....not imaginary ones like Dallas.
and now the BRICs have rendered SWIFT moot, only the first crack, the conclusion is still the same
Wall Street set to rise as banks grab spotlight - Indications - MarketWatch
Tee Hee.....
KarmaPolice wrote:
Being an armchair commando, I prefer Amazon Prime to my shopping.
U.S. Stock Futures Rise as Banks Rally After Downgrades - Bloomberg
REBear wrote:
I just love that.
glorious!
Eric wrote:
So you're just
then.
I'll nae weep for your puts again.
Seven Samurai wrote:
I just read this morning that brick and mortar WalMarts were actually less expensive....maybe?
If I may be on point so late this is entirely expected.
If you guys keep eating KP's bonbons, you'll spoil your dinner.
The fundamentals of the euro appear to have improved dramatically in the last fifteen minutes or so...
Foreign Exchange Live Charts
burnside wrote:
energyecon wrote:
Well, the European Bigwigs are meeting and will save Europe again today.
Well sure, Liz. You and RobDawg, right?
I'm doing a little freshening up as well.
burnside wrote:
YouTube - Sylvester, Chester, and Spike - Sylvester says WTF
KarmaPolice wrote:
Amazon offers far more choices and with prime you get them in 2 days. We still go to walmart 'sometimes'
Kauai_Kahuna wrote:
I hope it's not Georgia Peaches again...
Rob Dawg wrote:
Yancey Ward wrote:
Doesn't your email client have a
filter?