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APOCALYPSEFUCKisShostikovitch   Tue, 21 Feb 2012, 12:23pm PST   Share   Quote   Permalink   Like (29)   Dislike   Delete  Comment 1

If you put enough arm into it, any dead cat will bounce, even appearing lively for a moment as it leaves the sidewalk.

When an entire industry is vested in making the dead cat appear convincingly vital, really anything can happen for a month or two.

When the whole federal government has thrown everything it and the Wall Street psychopaths can muster to keep the bubble inflated, the cat may even blink momentarily.

Blurtman   Sat, 12 Jul 2014, 2:12am PDT   Share   Quote   Permalink   Like (19)   Dislike   Delete  Comment 2

C'mon, you slaves, businesses walk away from loans all the time and continue to obtain new loans. Tishman Speyer is an infamous deadbeat RE developer who continues to obtain new financing. For that matter, jP Morgan, Goldman Sachs, GE Capital, all of the investment banks that were bankrupt received new money from us taxpayers. I understand that those who hate slaves who escape slavery the most are those who accept their lot as slaves. But please tell my why it is OK for businesses to walk away from debt, worse, to market fraudulent products, and yet continue to receive loans, but when the little guy does it, tsk, tsk, tsk.

There is nothing real about money. It can be created out of thin air for the well connected. You slaves actually have to work for it, and instead of killing bankers, you are bitching about runaway slaves. Pathetic.

bmwman91   Thu, 7 Feb 2013, 3:46pm PST   Share   Quote   Permalink   Like (19)   Dislike   Delete  Comment 3

robertoaribas says

Sorry, but that is actually going to be positive for home prices.

And therefore positive for everyone that actually works a job that does this weird thing involving productivity?

I don't see how anyone can spin Wall Street buying-up swaths of residential properties as a positive thing. You have said repeatedly that you don't care what the paper-value of your rental empire is, so surely you aren't rooting for valuation increases. These are the same Wall Street psychopaths that held a gun to the collective heads of all pensioners in the US in order to get the US taxpayer to pay for their gambling tab a few short years ago. These psychopathic entities should have been burned to the damn ground, not paid to receive a hand-job from the taxpayers then then handed the keys to become those same taxpayers' landlord.

All I hope is that we manage to get another FDR at the helm to gut these vampiric entities. If we don't, it'll be pitchforks and AR15's from people that have had enough, but I don't want to see that. It's too bad that the mentally unstable folks with guns are running around shooting up schools. If they directed their ire at board rooms on Wall Street, we'd be naming national holidays after them someday.

Patrick   Thu, 20 Oct 2011, 12:49pm PDT   Share   Quote   Permalink   Like (18)   Dislike   Delete  Comment 4

True, Prop 13 is starving the schools, but people who bought recently do pay a reasonable property tax rate. So a parcel tax on top of that is unfair to them.

The real problem is that Prop 13

* lets businesses get away with paying almost no property tax, forever
* lets landlords rake in rent and pay nearly none of the cost of police, fire, etc
* lets the elderly pass on their ultra-low property tax rate to rich children, forever
* lets the very rich avoid property tax, since Prop 13 has no means test at all

What was supposed to protect poor old people ended up protecting the ultra-rich, landlords, and corporations. Of course the people who created Prop 13 knew that all along.

iwog   Sun, 2 Oct 2011, 2:16am PDT   Share   Quote   Permalink   Like (18)   Dislike (4)   Delete  Comment 5

“There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.

~ Warren Buffett

iwog   Thu, 13 Oct 2011, 2:05am PDT   Share   Quote   Permalink   Like (17)   Dislike   Delete  Comment 6

Most of the "leftists" on patnet would have been considered right wing Republicans 50 years ago.

I own a business, have employees, own handguns, and advocate core family values. I'm very much against communism and socialism, I don't believe in no-fault divorce, I cheered when Bin Laden was executed, I want stronger border controls, and I don't believe in affirmative action or special rights for minority interest groups.

Apparently that makes me an extreme leftist. Why? Because I think raising taxes on rich people to a fraction of what they were under Reagan is a good idea.

We don't really have left and right in this country anymore. We have constitutionalists who still respect the American government, and we have borderline fascists who want to tear it apart.

APOCALYPSEFUCKisShostikovitch   Thu, 16 Feb 2012, 3:02am PST   Share   Quote   Permalink   Like (16)   Dislike (1)   Delete  Comment 7

There were never any offers.

Be sure to call the abutting neighbors to this shit house and tell them the thing is a termite nest and should be burned to the ground.

Then call the realfucktard and ask what she did that was so impressive that her pimp let her keep his car.

APOCALYPSEFUCKisShostikovitch   Tue, 19 Mar 2013, 9:19am PDT   Share   Quote   Permalink   Like (15)   Dislike   Delete  Comment 8

There is no reason a townhouse in Stockton should not be worth $2 million by this time next year.

Patrick   Sat, 26 Jan 2013, 10:12am PST   Share   Quote   Permalink   Like (15)   Dislike (1)   Delete  Comment 9

The Federal Reserve should not exist.

The idea that we can trust a cabal of bankers to manipulate the currency in the public interest is laughable.

Patrick   Mon, 23 Jan 2012, 7:01am PST   Share   Quote   Permalink   Like (15)   Dislike   Delete  Comment 10

To be rich is to control the labor of other people. To be rich is to have other people serve you. Everything else is an abstraction that obscures the fundamantal division into masters and servants.

If you just think about that for a minute, it becomes obvious that we cannot all be rich. Who then would be the servants? No matter how hard we all work, no matter how smart we all may be, it is mathematically impossible for everyone to to be rich.

So if we're going to have rich people (and I think we should have some) the question becomes this: What is the proper qualification for being rich? Here are your choices:

1. Being born into wealth and accumulating more via your mere ownership of assets.
2. Personally creating useful products and services.

If you agree that number two is the answer, that argues strongly for high inheritance taxes, and high taxes on unearned income from mere ownership, and low taxes on actual work.

There are some other options though, by thinking beyond national boundaries:

3. Importing people from Africa and making them your hereditary slaves.
4. Exporting work to poor countries, the way the US is doing with China.

APOCALYPSEFUCKisShostikovitch   Sun, 2 Nov 2014, 11:17pm PST   Share   Quote   Permalink   Like (14)   Dislike (1)   Delete  Comment 11

Captain knows everything!

He installed a carpet once!

iwog   Mon, 19 Jan 2015, 7:49pm PST   Share   Quote   Permalink   Like (14)   Dislike (2)   Delete  Comment 12

waiting_for_the_fall   Sat, 16 Nov 2013, 11:24am PST   Share   Quote   Permalink   Like (14)   Dislike (1)   Delete  Comment 13

Everyone on this blog is a dipshit. Except me, who bought condos and homes in Phoenix at drop dead low prices.
I am the smartest investor you will ever meet. You are the moron loser that didn't buy homes in Phoenix.

Me: the super duper star investor. You: the mouth-breathing moron that isn't me.

I will keep reminding you of my great investment decisions, over and over and over again, in case you forget how great I am.

Well, here is one of my greatest deals: I bought a van near the river for $100, did $25 work on it and a family of 4 is living in it now for $100/month. Try to learn from my success!

I am not worried.
Everything will be fine...

Dan8267   Thu, 10 Oct 2013, 6:52am PDT   Share   Quote   Permalink   Like (14)   Dislike (1)   Delete  Comment 14

The U.S. government doesn't represent Americans. It represents corporations. And corporate approval of Congress is high.

Big business, not the citizen, is the boss of Congress and the White House.

APOCALYPSEFUCKisShostikovitch   Wed, 17 Jul 2013, 9:40pm PDT   Share   Quote   Permalink   Like (14)   Dislike   Delete  Comment 15

1 8:23pm Tue 21 Feb 2012 Share Quote Permalink Like (25) Dislike Edit Protected

If you put enough arm into it, any dead cat will bounce, even appearing lively for a moment as it leaves the sidewalk.

When an entire industry is vested in making the dead cat appear convincingly vital, really anything can happen for a month or two.

When the whole federal government has thrown everything it and the Wall Street psychopaths can muster to keep the bubble inflated, the cat may even blink momentarily.

You know it.

I know it.

The market is fucking toast.

The cleansing Cannibal Anarchy is inevitable.

APOCALYPSEFUCKisShostikovitch   Wed, 26 Sep 2012, 3:11pm PDT   Share   Quote   Permalink   Like (14)   Dislike   Delete  Comment 16

Hey, Allah!

Suck my dick!

Asshole!

APOCALYPSEFUCKisShostikovitch   Sun, 29 Jul 2012, 10:03am PDT   Share   Quote   Permalink   Like (14)   Dislike   Delete  Comment 17

The poor refuse to become rich or to commit suicide.

Why do they hate Freedom?

APOCALYPSEFUCKisShostikovitch   Sat, 23 Jun 2012, 12:48pm PDT   Share   Quote   Permalink   Like (14)   Dislike (1)   Delete  Comment 18

Die, Boomer fucks, fucking Die and take the banksters and Realtor®s with you to hell!

APOCALYPSEFUCKisShostikovitch   Wed, 29 Feb 2012, 6:45am PST   Share   Quote   Permalink   Like (14)   Dislike (1)   Delete  Comment 19

Plant potatoes and teach the family hand to hand combat skills.

Patrick   Sat, 28 Jul 2012, 4:34am PDT   Share   Quote   Permalink   Like (13)   Dislike   Delete  Comment 20

There is something seriously wrong with the Realtor® code of "ethics" when an agent can get fired simply for giving his honest and very humorous opinion.

The NAR says it's "ethical" to publicly say only things which lead to commissions, but it's "unethical" to say anything in public which might prevent a commission.

Why would you want anyone with such bogus "ethics" representing you? I'd much rather have a really honest guy like Tom Stone!

Maybe I will create a "Secret Agent" system where agents can write anonymous reviews of open houses, and if you like their style, you can hire them by the hour for real advice. Should I do it?

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