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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   44,967 views  442 comments

by Peter P   ➕follow (2)   💰tip   ignore  

I suspect the Fed is behind much of the stories about reconsidering mortgage interest deduction. (If they were really serious about it, they would stop deductions on interest for second (and third…) homes. I think this is basically a made up story, trying to inject a little caution into potential homebuyers who have trouble reading the writing on the wall.

By EBR

#housing

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53   SJ_jim   2005 Nov 4, 3:20pm  

Hey, now, jabberwocky has a much more positive connotation than...ahhh, drivel, for example. Plus, jabberwocky is most certainly a skill--perhaps even a gift...I often find myself lacking in the ability to jabberwock. :(

54   SJ_jim   2005 Nov 4, 4:53pm  

Yes the blog time stamp is screwed up. I'm posting this at exactly 12:04 AM...

55   SJ_jim   2005 Nov 4, 4:54pm  

...and it stamped it as 12:53 AM. So, about 50 minutes ahead.

56   SJ_jim   2005 Nov 4, 5:08pm  

How does this happen with today's tek-nolo-g?
Kind of like earlier tonight...my friend called my cell phone from his cell phone, and instead got some financial-type business. He asked her what the # was & it was (of course) a different number in a different area code. He called me again & it got through. An hour later, he called me & got the same business that he'd gotten earlier....

57   Jamie   2005 Nov 5, 12:50am  

I'm here! But not.

There's something about this new home in the prick thread. Bad feng shui or something. Or maybe the gluttony it took to reach Huh 2000 has left me feeling like, well, a glutton.

Or maybe it's reading that new thread, which made my brain feel fuzzy and stale, like an old M&M stuck in the couch, for reasons I can't quite explain.

Regardless, I'll try to check in frequently, but for the next weeks I imagine I'll be around less often. We're doing a long weekend trip next weekend to San Diego, and I've got a book due in 5 weeks. Must crack the whip.

Sphuh for now.

58   Peter P   2005 Nov 5, 5:04am  

161 comments? What is that? :)

59   SJ_jim   2005 Nov 5, 5:04am  

Or maybe it’s reading that new thread, which made my brain feel fuzzy and stale, like an old M&M stuck in the couch, for reasons I can’t quite explain.
Hah! Lots of LOL on this one...maybe cause I know what you mean!

Well at least you guys nicely transitioned from Huh to Sphuh...I was fading fast when that was occurring. :(

60   SJ_jim   2005 Nov 5, 5:04am  

161 comments? What is that?

Hmmm...shameful?

61   Jamie   2005 Nov 5, 12:07pm  

"Well at least you guys nicely transitioned from Huh to Sphuh…I was fading fast when that was occurring."

Yeah, what's up with that, SJ Jim? Is this because of the illness? Or because you feel like you should like, have a social life outside your computer or something? Getting too good for us shed dwellers?

What do you want to bet Jack is in his shed tonight with the walking stick?

62   Jamie   2005 Nov 5, 12:07pm  

Er, I meant talking stick. Maybe he's walking the talking stick.

63   Jamie   2005 Nov 5, 12:12pm  

'Perhaps we have to get over nostalgia for the “Best thread ever” before we can see what this new thread can even be. Its like starting a new painting. At first it feels sterile, or disconnected, or artificial comared to the one you were so immersed in just before"

Okay, okay. I'll buy that.

So is this like performance art? Or is it some new art form? A fusion of words and bytes and human interaction? An internet installation piece?

64   Jamie   2005 Nov 5, 1:27pm  

Jack and his rantings and ravings...

65   Jamie   2005 Nov 5, 1:29pm  

At some point, it seems to me, the freakish number of posts Huh could take on will serve as a draw to onlookers. Like a train wreck, and they'll be willing to wait for the reload just to see what all the hubbub is about. I prefer a bit more anonymity.

But, since Huh hasn't died yet...

66   Jamie   2005 Nov 5, 1:30pm  

I do like that idea of unreachability though...

67   Jamie   2005 Nov 5, 1:34pm  

"I like the level of sheer PAIN involved in posting, and how it might transform and or “fuse” with the experience of trying to communicate in this context?"

You're a masochist, aren't you?

"“Huh?” as “Shed”? "

Do you really want all that Sphuh in your shed?

68   Jamie   2005 Nov 5, 1:36pm  

So is your shed wired yet? Are you actually participating in the Huh-as-shed thread FROM the shed?

69   Jamie   2005 Nov 5, 1:54pm  

Behave yourself over there on my writing blog!

70   Jamie   2005 Nov 5, 1:56pm  

Doesn't this thread feel kind of musty or something?

Or dank. I love that word, dank.

71   Jamie   2005 Nov 5, 1:57pm  

LOL, I can always DELETE you. Oh the power of running a blog.

72   Jamie   2005 Nov 5, 1:57pm  

Just joking.

73   Jamie   2005 Nov 5, 1:59pm  

Oh, so my poor pitiful no-one comments blog needs my friends to "create interest?" LOL, I should just turn off the comments option. It's sad really, how few people actually comment. And they're all people who know me.

74   Jamie   2005 Nov 5, 2:04pm  

I'm such a dummy, I registered for this site back when HARM put out a call for everyone to post a thread, but then I forgot I was supposed to ask for a password, I guess? So I can't log on. Well, I can never think of serious thread topics anyway. I'd just want to post something like "If you're going to park your wad somewhere, where would you park it?"

75   Jamie   2005 Nov 5, 2:05pm  

I think my mom reads my blog, and my husband does, but much of my family has only just discovered the internet and is still marveling over Ebay, and instant messaging, and stuff. They have not discovered blogs.

76   Jamie   2005 Nov 5, 2:05pm  

Forgot to say, hi SQT!

77   Jamie   2005 Nov 5, 2:07pm  

I started a family blog and no one visits it, LOL.

78   Jamie   2005 Nov 5, 2:08pm  

Just be careful not to shoot your wad on the wrong, um, investment...Property.

79   Jamie   2005 Nov 5, 2:09pm  

But it's okay, Jack, you should not feel inhibited from posting to my blog--just don't do any pity postings. That's just...humiliating. LOL.

80   Jamie   2005 Nov 5, 2:11pm  

Yeah, I hear you SQT. When we first moved to Germany, my husband deployed to Bosnia, and no one ever freaking called! I guess they figured the occasional email was enough.

81   Jamie   2005 Nov 5, 2:12pm  

I was joking, Jack. Really. I replied to you a little while ago and made a goat joke.

82   Jamie   2005 Nov 5, 2:13pm  

You are welcome to post there, SQT! I did write a few writing articles in the past month or so that are posted there. But if you post on old theads there, I likely won't notice...blogger is supposed to notify me when there's a new post but it never does. So I only ever look at the latest threads.

83   Jamie   2005 Nov 5, 2:15pm  

I think people just couldn't figure out the time zone thing.

84   Jamie   2005 Nov 5, 2:15pm  

If it weren't for WTF, I'd never say anything at all.

85   Jamie   2005 Nov 5, 2:17pm  

"So I guess I have now posted on a total of TWO blogs. "

Didn't you post on Surfer X's blog? We should go troll him.

86   Jamie   2005 Nov 5, 2:18pm  

Except now surely isn't a good time to be smart-ass trolls, if the poor cat is still missing.

87   Jamie   2005 Nov 5, 2:22pm  

I just checked--no new posts there.

88   Jamie   2005 Nov 5, 2:23pm  

If there is an option of posting as Anonymous, that's the only trick to posting without having to register.

89   Jamie   2005 Nov 5, 2:24pm  

But I think blog owners have the option of allowing only registered users to post.

90   Jamie   2005 Nov 5, 2:25pm  

I'm off to watch Seven Samurai. It has subtitles so I can't blog and watch. Good night!

91   SJ_jim   2005 Nov 5, 4:20pm  

Wholly cow this thread took off today. See what happens when I leave the house.... Well I'm actually going to go back & read all the nights posts...for better or worse. Looks like a lot of 1:1 btwn SQT & Jack. I should make it to the bottom in about 20 minutes but it looks like noone's here now LOL.

92   SJ_jim   2005 Nov 5, 4:45pm  

You also have to find a way to maintain the excitement long enough to finish what you started. Now that’s the hard part
.
.
.
Need to limber the fingers up.

To bad this isn't the Huh?-thread...oh the fun that' could've been had!

Nice discussions on art/writing. It's good exposure...my mind's stuck with tech/science too much. I'd like to see Jamie's blog, too. I've also tried to register just for posting to the blogspot blogs & found that it wanted me to create my own blog site.

SQT, I know you won't read this tonight, but I noticed you mention fantasy novels, and that you're writing something fantasy-detective hybrid. Sound good! Did you ever read Stephen R. Donaldson? I like reading his books when I was a kid (along with the usual tolkien, and some others I can't remeber). More recently, I've read a lot of Neil Stephenson. Ever read anything by him?

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